Sanghavi: what changed
Two fiscal 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.
Sanghavi
Largest movements
- Receivables within one year +€295,190
up €295,190 (+57.5%), from €513,005 to €808,195
of which Trade receivables: +€305,743
- Stocks and contracts +€44,182
up €44,182 (+30.5%), from €145,036 to €189,218
- Cash +€12,135
up €12,135 (+19.5%), from €62,217 to €74,353
mainly Trade debts (+€387,116)
- Trade debts +€387,116
up €387,116 (+64.6%), from €598,830 to €985,946
- Profit (loss) carried forward -€23,162
down €23,162, from €9 to -€23,153
- Gross operating margin -€94,200
down €94,200, from €73,377 to -€20,823
- Taxes -€9,391
down €9,391, from €9,290 to -€101
- Financial charges -€1,336
down €1,336 (-47.5%), from €2,811 to €1,475
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €720,258 | €1,071,765 | +€351,507 | +48.8% |
| Current assets | 29/58 | €720,258 | €1,071,765 | +€351,507 | +48.8% |
| Stocks and contracts in progress | 3 | €145,036 | €189,218 | +€44,182 | +30.5% |
| Stocks | 30/36 | €145,036 | €189,218 | +€44,182 | +30.5% |
| Amounts receivable within one year | 40/41 | €513,005 | €808,195 | +€295,190 | +57.5% |
| Trade receivables | 40 | €487,773 | €793,516 | +€305,743 | +62.7% |
| Other amounts receivable | 41 | €25,232 | €14,679 | -€10,553 | -41.8% |
| Cash at bank and in hand | 54/58 | €62,217 | €74,353 | +€12,135 | +19.5% |
| Total equity and liabilities | 10/49 | €720,258 | €1,071,765 | +€351,507 | +48.8% |
| Equity | 10/15 | €42,751 | €19,589 | -€23,162 | -54.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €37,742 | €37,742 | = | 0.0% |
| Distributable reserves | 133 | €37,742 | €37,742 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9 | -€23,153 | -€23,162 | |
| Amounts payable | 17/49 | €677,507 | €1,052,176 | +€374,669 | +55.3% |
| Amounts payable within one year | 42/48 | €677,507 | €1,052,176 | +€374,669 | +55.3% |
| Trade debts | 44 | €598,830 | €985,946 | +€387,116 | +64.6% |
| Suppliers | 440/4 | €598,830 | €985,946 | +€387,116 | +64.6% |
| Taxes, remuneration and social security | 45 | €42,683 | €37,145 | -€5,538 | -13.0% |
| Taxes | 450/3 | €25,078 | €11,040 | -€14,038 | -56.0% |
| Remuneration and social security | 454/9 | €17,605 | €26,105 | +€8,500 | +48.3% |
| Other amounts payable | 47/48 | €35,994 | €29,084 | -€6,909 | -19.2% |
| Other operating charges | 640/8 | €493 | €1,126 | +€633 | +128.3% |
| Gross operating margin | 9900 | €73,377 | -€20,823 | -€94,200 | |
| Operating profit (loss) | 9901 | €72,884 | -€21,949 | -€94,833 | |
| Financial income | 75/76B | €0 | €161 | +€161 | +146254.5% |
| Recurring financial income | 75 | €0 | €161 | +€161 | +146254.5% |
| Financial charges | 65/66B | €2,811 | €1,475 | -€1,336 | -47.5% |
| Recurring financial charges | 65 | €2,811 | €1,475 | -€1,336 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | €70,073 | -€23,263 | -€93,336 | |
| Income taxes | 67/77 | €9,290 | -€101 | -€9,391 | |
| Profit (loss) for the period | 9904 | €60,783 | -€23,162 | -€83,944 | |
| Profit (loss) for the period to be appropriated | 9905 | €60,783 | -€23,162 | -€83,944 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.