SANI BAH: 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.
SANI BAH
Largest movements
- Tangible fixed assets +€65,662
up €65,662 (+1,214%), from €5,407 to €71,069
of which Furniture and vehicles: +€67,224
- Cash +€11,532
up €11,532 (+3.5%), from €325,287 to €336,819
mainly Net result for the year (+€49,772) and Debts after one year (+€48,069)
- Receivables within one year -€9,620
down €9,620 (-10.8%), from €89,260 to €79,640
of which Other amounts receivable: -€10,238
- Profit (loss) carried forward +€49,772
up €49,772 (+18.4%), from €271,132 to €320,904
- Debts after one year +€48,069
new in 2024: €48,069
- Tax, wage and social debts -€33,683
down €33,683 (-66.6%), from €50,598 to €16,915
of which Taxes: -€21,163
- Current portion of long-term debt +€9,727
up €9,727 (+212%), from €4,590 to €14,318
- Gross operating margin +€54,116
up €54,116 (+91.1%), from €59,434 to €113,550
- Turnover +€36,650
up €36,650 (+11.6%), from €315,017 to €351,667
- Purchases and services -€17,466
down €17,466 (-6.8%), from €255,583 to €238,117
- Depreciation +€17,101
up €17,101 (+276%), from €6,190 to €23,292
- Other operating charges +€8,792
up €8,792 (+363%), from €2,423 to €11,214
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.
Derived cash bridge
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 | €421,717 | €487,553 | +€65,836 | +15.6% |
| Fixed assets | 21/28 | €5,432 | €71,094 | +€65,662 | +1,209% |
| Tangible fixed assets | 22/27 | €5,407 | €71,069 | +€65,662 | +1,214% |
| Plant, machinery and equipment | 23 | €4,688 | €3,125 | -€1,563 | -33.3% |
| Furniture and vehicles | 24 | €720 | €67,944 | +€67,224 | +9,341% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €416,285 | €416,459 | +€174 | 0.0% |
| Amounts receivable within one year | 40/41 | €89,260 | €79,640 | -€9,620 | -10.8% |
| Trade receivables | 40 | €79,022 | €79,640 | +€618 | +0.8% |
| Other amounts receivable | 41 | €10,238 | - | -€10,238 | |
| Cash at bank and in hand | 54/58 | €325,287 | €336,819 | +€11,532 | +3.5% |
| Deferred charges and accrued income | 490/1 | €1,738 | - | -€1,738 | |
| Total equity and liabilities | 10/49 | €421,717 | €487,553 | +€65,836 | +15.6% |
| Equity | 10/15 | €279,192 | €328,964 | +€49,772 | +17.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €271,132 | €320,904 | +€49,772 | +18.4% |
| Amounts payable | 17/49 | €142,525 | €158,589 | +€16,064 | +11.3% |
| Amounts payable after more than one year | 17 | - | €48,069 | +€48,069 | |
| Financial debts | 170/4 | - | €48,069 | +€48,069 | |
| Amounts payable within one year | 42/48 | €142,525 | €110,521 | -€32,004 | -22.5% |
| Current portion of amounts payable after more than one year | 42 | €4,590 | €14,318 | +€9,727 | +212% |
| Trade debts | 44 | €76,566 | €72,348 | -€4,218 | -5.5% |
| Suppliers | 440/4 | €76,566 | €72,348 | -€4,218 | -5.5% |
| Taxes, remuneration and social security | 45 | €50,598 | €16,915 | -€33,683 | -66.6% |
| Taxes | 450/3 | €34,598 | €13,435 | -€21,163 | -61.2% |
| Remuneration and social security | 454/9 | €16,000 | €3,480 | -€12,520 | -78.3% |
| Other amounts payable | 47/48 | €10,771 | €6,940 | -€3,831 | -35.6% |
| Turnover | 70 | €315,017 | €351,667 | +€36,650 | +11.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €255,583 | €238,117 | -€17,466 | -6.8% |
| Remuneration, social security and pensions | 62 | - | €7,700 | +€7,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,190 | €23,292 | +€17,101 | +276% |
| Other operating charges | 640/8 | €2,423 | €11,214 | +€8,792 | +363% |
| Gross operating margin | 9900 | €59,434 | €113,550 | +€54,116 | +91.1% |
| Operating profit (loss) | 9901 | €50,821 | €71,344 | +€20,523 | +40.4% |
| Financial income | 75/76B | €110 | €58 | -€52 | -47.7% |
| Recurring financial income | 75 | €110 | €58 | -€52 | -47.7% |
| Financial charges | 65/66B | €592 | €2,869 | +€2,277 | +384% |
| Recurring financial charges | 65 | €592 | €2,869 | +€2,277 | +384% |
| Profit (loss) for the period before taxes | 9903 | €50,339 | €68,533 | +€18,194 | +36.1% |
| Income taxes | 67/77 | €13,760 | €18,761 | +€5,001 | +36.3% |
| Profit (loss) for the period | 9904 | €36,579 | €49,772 | +€13,193 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,579 | €49,772 | +€13,193 | +36.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.