Sani - Constructs: 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.
Sani - Constructs
Largest movements
- Tangible fixed assets -€28,390
down €28,390 (-12.5%), from €226,987 to €198,597
- Stocks and contracts -€5,217
no longer reported in 2025 (was €5,217)
- Cash -€3,647
down €3,647 (-14.1%), from €25,869 to €22,222
mainly Debts after one year (-€26,916) and Net result for the year (-€8,558)
- Debts after one year -€26,916
down €26,916 (-15.1%), from €177,896 to €150,980
- Profit (loss) carried forward -€8,558
down €8,558, from €6,960 to -€1,598
- Other debts +€4,443
up €4,443 (+30.1%), from €14,742 to €19,185
- Tax, wage and social debts -€3,977
down €3,977 (-95.8%), from €4,151 to €174
of which Taxes: -€2,454
- Gross operating margin -€17,421
down €17,421 (-36.6%), from €47,642 to €30,221
- Taxes -€2,454
down €2,454 (-92.5%), from €2,651 to €198
- Financial income -€1,153
down €1,153 (-61.2%), from €1,884 to €730
- Financial charges -€921
down €921 (-10.2%), from €8,992 to €8,071
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 | €264,062 | €228,346 | -€35,716 | -13.5% |
| Fixed assets | 21/28 | €226,987 | €198,597 | -€28,390 | -12.5% |
| Tangible fixed assets | 22/27 | €226,987 | €198,597 | -€28,390 | -12.5% |
| Land and buildings | 22 | €179,250 | €165,759 | -€13,491 | -7.5% |
| Plant, machinery and equipment | 23 | €1,674 | €751 | -€923 | -55.2% |
| Furniture and vehicles | 24 | €46,063 | €32,087 | -€13,976 | -30.3% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €37,075 | €29,749 | -€7,327 | -19.8% |
| Stocks and contracts in progress | 3 | €5,217 | - | -€5,217 | |
| Stocks | 30/36 | €5,217 | - | -€5,217 | |
| Amounts receivable within one year | 40/41 | €5,990 | €5,540 | -€449 | -7.5% |
| Trade receivables | 40 | €94 | €2,091 | +€1,997 | +2129.6% |
| Other amounts receivable | 41 | €5,896 | €3,449 | -€2,447 | -41.5% |
| Cash at bank and in hand | 54/58 | €25,869 | €22,222 | -€3,647 | -14.1% |
| Deferred charges and accrued income | 490/1 | - | €1,986 | +€1,986 | |
| Total equity and liabilities | 10/49 | €264,062 | €228,346 | -€35,716 | -13.5% |
| Equity | 10/15 | €27,365 | €18,807 | -€8,558 | -31.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,960 | -€1,598 | -€8,558 | |
| Amounts payable | 17/49 | €236,698 | €209,539 | -€27,159 | -11.5% |
| Amounts payable after more than one year | 17 | €177,896 | €150,980 | -€26,916 | -15.1% |
| Financial debts | 170/4 | €177,896 | €150,980 | -€26,916 | -15.1% |
| Amounts payable within one year | 42/48 | €58,802 | €58,559 | -€243 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €25,998 | €26,916 | +€918 | +3.5% |
| Trade debts | 44 | €13,911 | €12,285 | -€1,626 | -11.7% |
| Suppliers | 440/4 | €13,911 | €12,285 | -€1,626 | -11.7% |
| Taxes, remuneration and social security | 45 | €4,151 | €174 | -€3,977 | -95.8% |
| Taxes | 450/3 | €2,627 | €174 | -€2,454 | -93.4% |
| Remuneration and social security | 454/9 | €1,524 | - | -€1,524 | |
| Other amounts payable | 47/48 | €14,742 | €19,185 | +€4,443 | +30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,390 | €28,390 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,571 | €2,851 | +€280 | +10.9% |
| Gross operating margin | 9900 | €47,642 | €30,221 | -€17,421 | -36.6% |
| Operating profit (loss) | 9901 | €16,681 | -€1,020 | -€17,701 | |
| Financial income | 75/76B | €1,884 | €730 | -€1,153 | -61.2% |
| Recurring financial income | 75 | €1,884 | €730 | -€1,153 | -61.2% |
| Financial charges | 65/66B | €8,992 | €8,071 | -€921 | -10.2% |
| Recurring financial charges | 65 | €8,992 | €8,071 | -€921 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €9,573 | -€8,360 | -€17,933 | |
| Income taxes | 67/77 | €2,651 | €198 | -€2,454 | -92.5% |
| Profit (loss) for the period | 9904 | €6,922 | -€8,558 | -€15,479 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,922 | -€8,558 | -€15,479 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.