SANI CHRIS: 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 CHRIS
Largest movements
- Tangible fixed assets +€41,564
up €41,564 (+219%), from €18,941 to €60,505
- Cash -€8,785
down €8,785 (-41.4%), from €21,224 to €12,439
mainly Investment in fixed assets (net) (-€51,678) and Contributions, distributions and other (-€4,926)
- Receivables within one year +€4,824
up €4,824 (+26.5%), from €18,222 to €23,046
of which Other amounts receivable: +€11,938
- Stocks and contracts -€1,500
down €1,500 (-13.5%), from €11,100 to €9,600
of which Contracts in progress: -€1,100
- Debts after one year +€37,351
up €37,351 (+2,382%), from €1,568 to €38,919
- Reserves -€4,926
down €4,926 (-10.2%), from €48,122 to €43,197
- Trade debts +€3,931
up €3,931 (+45.5%), from €8,636 to €12,567
- Profit (loss) carried forward -€2,386
down €2,386, from €0 to -€2,386
- Current portion of long-term debt +€1,370
up €1,370 (+14.7%), from €9,331 to €10,701
- Gross operating margin -€9,872
down €9,872 (-50.2%), from €19,660 to €9,789
- Taxes -€2,902
down €2,902 (-100%), from €2,902 to €0
- Depreciation +€1,218
up €1,218 (+13.7%), from €8,896 to €10,114
- Financial charges +€639
up €639 (+111%), from €577 to €1,217
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 | €69,814 | €105,905 | +€36,091 | +51.7% |
| Fixed assets | 21/28 | €18,941 | €60,505 | +€41,564 | +219% |
| Tangible fixed assets | 22/27 | €18,941 | €60,505 | +€41,564 | +219% |
| Furniture and vehicles | 24 | €18,941 | €60,505 | +€41,564 | +219% |
| Current assets | 29/58 | €50,873 | €45,400 | -€5,473 | -10.8% |
| Stocks and contracts in progress | 3 | €11,100 | €9,600 | -€1,500 | -13.5% |
| Stocks | 30/36 | €4,000 | €3,600 | -€400 | -10.0% |
| Contracts in progress | 37 | €7,100 | €6,000 | -€1,100 | -15.5% |
| Amounts receivable within one year | 40/41 | €18,222 | €23,046 | +€4,824 | +26.5% |
| Trade receivables | 40 | €14,005 | €6,892 | -€7,114 | -50.8% |
| Other amounts receivable | 41 | €4,217 | €16,155 | +€11,938 | +283% |
| Cash at bank and in hand | 54/58 | €21,224 | €12,439 | -€8,785 | -41.4% |
| Deferred charges and accrued income | 490/1 | €326 | €314 | -€12 | -3.8% |
| Total equity and liabilities | 10/49 | €69,814 | €105,905 | +€36,091 | +51.7% |
| Equity | 10/15 | €48,122 | €40,811 | -€7,311 | -15.2% |
| Reserves | 13 | €48,122 | €43,197 | -€4,926 | -10.2% |
| Distributable reserves | 133 | €48,122 | €43,197 | -€4,926 | -10.2% |
| Profit (loss) carried forward | 14 | €0 | -€2,386 | -€2,386 | |
| Amounts payable | 17/49 | €21,691 | €65,094 | +€43,402 | +200% |
| Amounts payable after more than one year | 17 | €1,568 | €38,919 | +€37,351 | +2,382% |
| Financial debts | 170/4 | €1,568 | €38,919 | +€37,351 | +2,382% |
| Amounts payable within one year | 42/48 | €20,123 | €26,174 | +€6,051 | +30.1% |
| Current portion of amounts payable after more than one year | 42 | €9,331 | €10,701 | +€1,370 | +14.7% |
| Financial debts | 43 | €253 | €226 | -€27 | -10.7% |
| Credit institutions | 430/8 | €253 | €226 | -€27 | -10.7% |
| Trade debts | 44 | €8,636 | €12,567 | +€3,931 | +45.5% |
| Suppliers | 440/4 | €8,636 | €12,567 | +€3,931 | +45.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,356 | €2,680 | +€1,324 | +97.7% |
| Taxes | 450/3 | €1,356 | €2,680 | +€1,324 | +97.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €547 | €0 | -€547 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,896 | €10,114 | +€1,218 | +13.7% |
| Other operating charges | 640/8 | €792 | €919 | +€127 | +16.1% |
| Gross operating margin | 9900 | €19,660 | €9,789 | -€9,872 | -50.2% |
| Operating profit (loss) | 9901 | €9,972 | -€1,244 | -€11,216 | |
| Financial income | 75/76B | €63 | €75 | +€13 | +20.0% |
| Recurring financial income | 75 | €63 | €75 | +€13 | +20.0% |
| Financial charges | 65/66B | €577 | €1,217 | +€639 | +111% |
| Recurring financial charges | 65 | €577 | €1,217 | +€639 | +111% |
| Profit (loss) for the period before taxes | 9903 | €9,458 | -€2,386 | -€11,843 | |
| Income taxes | 67/77 | €2,902 | €0 | -€2,902 | -100% |
| Profit (loss) for the period | 9904 | €6,556 | -€2,386 | -€8,942 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,556 | -€2,386 | -€8,942 |
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 31 October 2026 via checked.be.