SANI CERAM: 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 CERAM
Largest movements
- Stocks and contracts +€72,756
up €72,756 (+10.6%), from €687,561 to €760,317
- Tangible fixed assets -€31,263
down €31,263 (-12.0%), from €259,564 to €228,301
of which Other tangible fixed assets: -€20,434
- Profit (loss) carried forward +€35,980
up €35,980 (+7.7%), from €464,492 to €500,472
- Other debts +€19,528
up €19,528 (+14.6%), from €133,968 to €153,496
- Tax, wage and social debts -€12,632
down €12,632 (-13.6%), from €92,937 to €80,305
of which Taxes: -€12,366
- Gross operating margin +€16,440
up €16,440 (+11.6%), from €142,280 to €158,721
- Taxes -€8,669
down €8,669 (-53.4%), from €16,227 to €7,558
- Other operating charges -€4,105
down €4,105 (-11.9%), from €34,379 to €30,273
- Financial charges +€1,611
up €1,611 (+41.4%), from €3,890 to €5,501
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 | €986,809 | €1,024,917 | +€38,109 | +3.9% |
| Fixed assets | 21/28 | €259,614 | €228,351 | -€31,263 | -12.0% |
| Tangible fixed assets | 22/27 | €259,564 | €228,301 | -€31,263 | -12.0% |
| Land and buildings | 22 | €187,279 | €170,253 | -€17,025 | -9.1% |
| Plant, machinery and equipment | 23 | €988 | €7,183 | +€6,196 | +627% |
| Other tangible fixed assets | 26 | €71,298 | €50,864 | -€20,434 | -28.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €727,195 | €796,566 | +€69,372 | +9.5% |
| Stocks and contracts in progress | 3 | €687,561 | €760,317 | +€72,756 | +10.6% |
| Stocks | 30/36 | €687,561 | €760,317 | +€72,756 | +10.6% |
| Amounts receivable within one year | 40/41 | €26,198 | €28,934 | +€2,736 | +10.4% |
| Trade receivables | 40 | €24,981 | €21,158 | -€3,823 | -15.3% |
| Other amounts receivable | 41 | €1,217 | €7,776 | +€6,559 | +539% |
| Cash at bank and in hand | 54/58 | €13,435 | €7,315 | -€6,120 | -45.6% |
| Total equity and liabilities | 10/49 | €986,809 | €1,024,917 | +€38,109 | +3.9% |
| Equity | 10/15 | €484,952 | €520,932 | +€35,980 | +7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €464,492 | €500,472 | +€35,980 | +7.7% |
| Amounts payable | 17/49 | €501,856 | €503,985 | +€2,129 | +0.4% |
| Amounts payable within one year | 42/48 | €501,856 | €503,985 | +€2,129 | +0.4% |
| Trade debts | 44 | €274,951 | €270,184 | -€4,768 | -1.7% |
| Suppliers | 440/4 | €274,951 | €270,184 | -€4,768 | -1.7% |
| Taxes, remuneration and social security | 45 | €92,937 | €80,305 | -€12,632 | -13.6% |
| Taxes | 450/3 | €43,983 | €31,617 | -€12,366 | -28.1% |
| Remuneration and social security | 454/9 | €48,953 | €48,688 | -€265 | -0.5% |
| Other amounts payable | 47/48 | €133,968 | €153,496 | +€19,528 | +14.6% |
| Remuneration, social security and pensions | 62 | €38,972 | €39,996 | +€1,024 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,447 | €39,413 | +€967 | +2.5% |
| Other operating charges | 640/8 | €34,379 | €30,273 | -€4,105 | -11.9% |
| Gross operating margin | 9900 | €142,280 | €158,721 | +€16,440 | +11.6% |
| Operating profit (loss) | 9901 | €30,483 | €49,039 | +€18,555 | +60.9% |
| Financial charges | 65/66B | €3,890 | €5,501 | +€1,611 | +41.4% |
| Recurring financial charges | 65 | €3,890 | €5,501 | +€1,611 | +41.4% |
| Profit (loss) for the period before taxes | 9903 | €26,593 | €43,537 | +€16,945 | +63.7% |
| Income taxes | 67/77 | €16,227 | €7,558 | -€8,669 | -53.4% |
| Profit (loss) for the period | 9904 | €10,366 | €35,980 | +€25,614 | +247% |
| Profit (loss) for the period to be appropriated | 9905 | €10,366 | €35,980 | +€25,614 | +247% |
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 19 October 2026 via checked.be.