SANGUISTAR: 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.
SANGUISTAR
Largest movements
- Cash -€4,686
down €4,686 (-31.3%), from €14,950 to €10,265
mainly Other debts (-€15,632) and Tax, wage and social debts (-€4,274)
- Receivables within one year -€3,579
down €3,579 (-17.9%), from €20,022 to €16,444
of which Trade receivables: -€4,452
- Tangible fixed assets -€959
down €959 (-59.8%), from €1,603 to €644
of which Plant, machinery and equipment: -€719
- Other debts -€15,632
down €15,632 (-93.6%), from €16,701 to €1,069
- Reserves +€10,677
up €10,677 (+443.0%), from €2,410 to €13,087
- Tax, wage and social debts -€4,274
down €4,274 (-59.8%), from €7,147 to €2,872
of which Taxes: -€4,274
- Gross operating margin -€10,404
down €10,404 (-40.7%), from €25,570 to €15,166
- Financial charges -€774
down €774 (-66.8%), from €1,160 to €386
- Taxes -€315
down €315 (-9.7%), from €3,243 to €2,928
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.
Cash bridge derived
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 | €36,674 | €27,352 | -€9,322 | -25.4% |
| Fixed assets | 21/28 | €1,603 | €644 | -€959 | -59.8% |
| Tangible fixed assets | 22/27 | €1,603 | €644 | -€959 | -59.8% |
| Plant, machinery and equipment | 23 | €1,011 | €292 | -€719 | -71.1% |
| Furniture and vehicles | 24 | €592 | €352 | -€240 | -40.5% |
| Current assets | 29/58 | €35,071 | €26,708 | -€8,363 | -23.8% |
| Amounts receivable within one year | 40/41 | €20,022 | €16,444 | -€3,579 | -17.9% |
| Trade receivables | 40 | €19,677 | €15,225 | -€4,452 | -22.6% |
| Other amounts receivable | 41 | €345 | €1,218 | +€873 | +252.7% |
| Cash at bank and in hand | 54/58 | €14,950 | €10,265 | -€4,686 | -31.3% |
| Deferred charges and accrued income | 490/1 | €99 | €0 | -€99 | -100.0% |
| Total equity and liabilities | 10/49 | €36,674 | €27,352 | -€9,322 | -25.4% |
| Equity | 10/15 | €12,410 | €23,087 | +€10,677 | +86.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €2,410 | €13,087 | +€10,677 | +443.0% |
| Distributable reserves | 133 | €2,410 | €13,087 | +€10,677 | +443.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €24,263 | €4,265 | -€19,998 | -82.4% |
| Amounts payable within one year | 42/48 | €24,063 | €4,165 | -€19,898 | -82.7% |
| Trade debts | 44 | €216 | €224 | +€8 | +3.8% |
| Suppliers | 440/4 | €216 | €224 | +€8 | +3.8% |
| Taxes, remuneration and social security | 45 | €7,147 | €2,872 | -€4,274 | -59.8% |
| Taxes | 450/3 | €6,147 | €1,872 | -€4,274 | -69.5% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €16,701 | €1,069 | -€15,632 | -93.6% |
| Accrued charges and deferred income | 492/3 | €200 | €100 | -€100 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,049 | €959 | -€90 | -8.6% |
| Other operating charges | 640/8 | €393 | €217 | -€176 | -44.8% |
| Gross operating margin | 9900 | €25,570 | €15,166 | -€10,404 | -40.7% |
| Operating profit (loss) | 9901 | €24,127 | €13,990 | -€10,138 | -42.0% |
| Financial income | 75/76B | €3 | €1 | -€2 | -76.2% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -76.2% |
| Financial charges | 65/66B | €1,160 | €386 | -€774 | -66.8% |
| Recurring financial charges | 65 | €1,160 | €386 | -€774 | -66.8% |
| Profit (loss) for the period before taxes | 9903 | €22,971 | €13,605 | -€9,366 | -40.8% |
| Income taxes | 67/77 | €3,243 | €2,928 | -€315 | -9.7% |
| Profit (loss) for the period | 9904 | €19,727 | €10,677 | -€9,051 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,727 | €10,677 | -€9,051 | -45.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.