SANGTHIP: 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.
SANGTHIP
Largest movements
- Cash +€3,163
up €3,163 (+307%), from €1,031 to €4,194
mainly Tax, wage and social debts (+€3,205) and Trade debts (+€2,615)
- Tangible fixed assets -€1,789
down €1,789 (-44.2%), from €4,050 to €2,262
- Receivables within one year -€1,492
down €1,492 (-37.1%), from €4,017 to €2,525
of which Trade receivables: -€2,114
- Stocks and contracts -€1,392
down €1,392 (-33.9%), from €4,103 to €2,710
- Other debts -€4,069
down €4,069 (-31.6%), from €12,885 to €8,815
- Tax, wage and social debts +€3,205
up €3,205 (+25.6%), from €12,511 to €15,716
of which Taxes: +€2,504
- Trade debts +€2,615
up €2,615 (+240%), from €1,089 to €3,704
- Profit (loss) carried forward -€1,661
down €1,661 (-6.6%), from -€25,124 to -€26,784
- Debts after one year -€1,200
no longer reported in 2023 (was €1,200)
- Gross operating margin +€13,278
up €13,278 (+96.1%), from €13,815 to €27,093
- Staff costs -€11,069
down €11,069 (-34.8%), from €31,834 to €20,765
- Financial charges +€2,358
up €2,358 (+2,518%), from €94 to €2,452
- Other operating charges +€378
up €378 (+11.2%), from €3,361 to €3,739
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,321 | €23,811 | -€1,510 | -6.0% |
| Fixed assets | 21/28 | €16,170 | €14,382 | -€1,789 | -11.1% |
| Tangible fixed assets | 22/27 | €4,050 | €2,262 | -€1,789 | -44.2% |
| Other tangible fixed assets | 26 | €4,050 | €2,262 | -€1,789 | -44.2% |
| Financial fixed assets | 28 | €12,120 | €12,120 | = | 0.0% |
| Current assets | 29/58 | €9,150 | €9,429 | +€279 | +3.0% |
| Stocks and contracts in progress | 3 | €4,103 | €2,710 | -€1,392 | -33.9% |
| Stocks | 30/36 | €4,103 | €2,710 | -€1,392 | -33.9% |
| Amounts receivable within one year | 40/41 | €4,017 | €2,525 | -€1,492 | -37.1% |
| Trade receivables | 40 | €2,610 | €496 | -€2,114 | -81.0% |
| Other amounts receivable | 41 | €1,406 | €2,028 | +€622 | +44.2% |
| Cash at bank and in hand | 54/58 | €1,031 | €4,194 | +€3,163 | +307% |
| Total equity and liabilities | 10/49 | €25,321 | €23,811 | -€1,510 | -6.0% |
| Equity | 10/15 | -€2,764 | -€4,425 | -€1,661 | -60.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,760 | €3,760 | = | 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% |
| Tax-exempt reserves | 132 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,124 | -€26,784 | -€1,661 | -6.6% |
| Amounts payable | 17/49 | €28,085 | €28,235 | +€151 | +0.5% |
| Amounts payable after more than one year | 17 | €1,200 | - | -€1,200 | |
| Financial debts | 170/4 | €1,200 | - | -€1,200 | |
| Amounts payable within one year | 42/48 | €26,485 | €28,235 | +€1,751 | +6.6% |
| Trade debts | 44 | €1,089 | €3,704 | +€2,615 | +240% |
| Suppliers | 440/4 | €1,089 | €3,704 | +€2,615 | +240% |
| Taxes, remuneration and social security | 45 | €12,511 | €15,716 | +€3,205 | +25.6% |
| Taxes | 450/3 | €5,559 | €8,063 | +€2,504 | +45.0% |
| Remuneration and social security | 454/9 | €6,952 | €7,652 | +€701 | +10.1% |
| Other amounts payable | 47/48 | €12,885 | €8,815 | -€4,069 | -31.6% |
| Accrued charges and deferred income | 492/3 | €400 | - | -€400 | |
| Non-recurring operating income | 76A | €1,200 | €1,200 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €31,834 | €20,765 | -€11,069 | -34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,789 | €1,789 | = | 0.0% |
| Other operating charges | 640/8 | €3,361 | €3,739 | +€378 | +11.2% |
| Gross operating margin | 9900 | €13,815 | €27,093 | +€13,278 | +96.1% |
| Operating profit (loss) | 9901 | -€23,168 | €800 | +€23,969 | |
| Financial income | 75/76B | - | €139 | +€139 | |
| Recurring financial income | 75 | - | €139 | +€139 | |
| Financial charges | 65/66B | €94 | €2,452 | +€2,358 | +2,518% |
| Recurring financial charges | 65 | €94 | €2,452 | +€2,358 | +2,518% |
| Profit (loss) for the period before taxes | 9903 | -€23,262 | -€1,513 | +€21,749 | +93.5% |
| Income taxes | 67/77 | €118 | €148 | +€30 | +25.2% |
| Profit (loss) for the period | 9904 | -€23,380 | -€1,661 | +€21,720 | +92.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,380 | -€1,661 | +€21,720 | +92.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.