SANGHA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SANGHA
Largest movements
- Receivables within one year +€11,539
up €11,539 (+426%), from €2,708 to €14,247
- Tangible fixed assets -€6,218
down €6,218 (-11.7%), from €53,080 to €46,862
of which Furniture and vehicles: -€5,069
- Financial fixed assets +€3,500
up €3,500 (+29.2%), from €11,973 to €15,473
- Cash +€2,271
up €2,271 (+4.2%), from €54,248 to €56,519
mainly Depreciation (+€21,478) and Tax, wage and social debts (+€7,760)
- Tax, wage and social debts +€7,760
up €7,760 (+38.3%), from €20,284 to €28,044
of which Remuneration and social security: +€5,162
- Profit (loss) carried forward +€7,210
up €7,210 (+5.6%), from €128,271 to €135,481
- Current portion of long-term debt -€5,143
down €5,143 (-49.2%), from €10,448 to €5,305
- Debts after one year +€3,404
up €3,404 (+23.9%), from €14,224 to €17,628
of which Financial debts: +€3,404
- Staff costs +€16,976
up €16,976 (+25.7%), from €66,167 to €83,143
- Gross operating margin +€7,297
up €7,297 (+5.7%), from €127,352 to €134,650
- Taxes -€2,466
down €2,466 (-46.9%), from €5,254 to €2,789
- Financial charges +€2,429
up €2,429 (+20.3%), from €11,956 to €14,385
- Depreciation +€1,980
up €1,980 (+10.2%), from €19,498 to €21,478
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €193,687 | €206,917 | +€13,230 | +6.8% |
| Fixed assets | 21/28 | €66,196 | €62,474 | -€3,722 | -5.6% |
| Intangible fixed assets | 21 | €1,143 | €139 | -€1,004 | -87.8% |
| Tangible fixed assets | 22/27 | €53,080 | €46,862 | -€6,218 | -11.7% |
| Plant, machinery and equipment | 23 | €8,237 | €7,088 | -€1,149 | -13.9% |
| Furniture and vehicles | 24 | €44,843 | €39,774 | -€5,069 | -11.3% |
| Financial fixed assets | 28 | €11,973 | €15,473 | +€3,500 | +29.2% |
| Current assets | 29/58 | €127,491 | €144,443 | +€16,952 | +13.3% |
| Stocks and contracts in progress | 3 | €66,660 | €68,539 | +€1,879 | +2.8% |
| Stocks | 30/36 | €66,660 | €68,539 | +€1,879 | +2.8% |
| Amounts receivable within one year | 40/41 | €2,708 | €14,247 | +€11,539 | +426% |
| Other amounts receivable | 41 | €2,708 | €14,247 | +€11,539 | +426% |
| Cash at bank and in hand | 54/58 | €54,248 | €56,519 | +€2,271 | +4.2% |
| Deferred charges and accrued income | 490/1 | €3,875 | €5,139 | +€1,264 | +32.6% |
| Total equity and liabilities | 10/49 | €193,687 | €206,917 | +€13,230 | +6.8% |
| Equity | 10/15 | €148,731 | €155,941 | +€7,210 | +4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,271 | €135,481 | +€7,210 | +5.6% |
| Amounts payable | 17/49 | €44,956 | €50,976 | +€6,020 | +13.4% |
| Amounts payable after more than one year | 17 | €14,224 | €17,628 | +€3,404 | +23.9% |
| Financial debts | 170/4 | - | €3,404 | +€3,404 | |
| Trade debts | 175 | €14,224 | €14,224 | = | 0.0% |
| Amounts payable within one year | 42/48 | €30,732 | €33,348 | +€2,616 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €10,448 | €5,305 | -€5,143 | -49.2% |
| Taxes, remuneration and social security | 45 | €20,284 | €28,044 | +€7,760 | +38.3% |
| Taxes | 450/3 | €381 | €2,979 | +€2,598 | +681% |
| Remuneration and social security | 454/9 | €19,903 | €25,064 | +€5,162 | +25.9% |
| Remuneration, social security and pensions | 62 | €66,167 | €83,143 | +€16,976 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,498 | €21,478 | +€1,980 | +10.2% |
| Other operating charges | 640/8 | €4,627 | €5,417 | +€790 | +17.1% |
| Non-recurring operating charges | 66A | €915 | €231 | -€684 | -74.8% |
| Gross operating margin | 9900 | €127,352 | €134,650 | +€7,297 | +5.7% |
| Operating profit (loss) | 9901 | €36,145 | €24,381 | -€11,764 | -32.5% |
| Financial income | 75/76B | €6 | €3 | -€3 | -51.6% |
| Recurring financial income | 75 | €6 | €3 | -€3 | -51.6% |
| Financial charges | 65/66B | €11,956 | €14,385 | +€2,429 | +20.3% |
| Recurring financial charges | 65 | €11,956 | €14,385 | +€2,429 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | €24,194 | €9,999 | -€14,196 | -58.7% |
| Income taxes | 67/77 | €5,254 | €2,789 | -€2,466 | -46.9% |
| Profit (loss) for the period | 9904 | €18,940 | €7,210 | -€11,730 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,940 | €7,210 | -€11,730 | -61.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.