SANI-FIRE: 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-FIRE
Largest movements
- Current investments +€53,250
up €53,250 (+21.0%), from €253,097 to €306,346
- Tangible fixed assets -€10,889
down €10,889 (-25.8%), from €42,144 to €31,255
of which Furniture and vehicles: -€6,871
- Receivables within one year -€9,758
down €9,758 (-31.9%), from €30,576 to €20,817
of which Trade receivables: -€5,413
- Reserves +€48,634
up €48,634 (+14.1%), from €343,929 to €392,562
of which Distributable reserves: +€48,634
- Trade debts -€20,068
down €20,068 (-58.6%), from €34,248 to €14,180
- Gross operating margin +€10,913
up €10,913 (+15.3%), from €71,165 to €82,078
- Taxes +€3,930
up €3,930 (+19.7%), from €19,919 to €23,850
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 | €520,169 | €549,051 | +€28,882 | +5.6% |
| Fixed assets | 21/28 | €42,144 | €31,255 | -€10,889 | -25.8% |
| Tangible fixed assets | 22/27 | €42,144 | €31,255 | -€10,889 | -25.8% |
| Land and buildings | 22 | €23,561 | €19,961 | -€3,600 | -15.3% |
| Plant, machinery and equipment | 23 | €5,726 | €5,308 | -€418 | -7.3% |
| Furniture and vehicles | 24 | €12,857 | €5,985 | -€6,871 | -53.4% |
| Current assets | 29/58 | €478,025 | €517,797 | +€39,771 | +8.3% |
| Stocks and contracts in progress | 3 | €42,162 | €41,018 | -€1,144 | -2.7% |
| Stocks | 30/36 | €42,162 | €41,018 | -€1,144 | -2.7% |
| Amounts receivable within one year | 40/41 | €30,576 | €20,817 | -€9,758 | -31.9% |
| Trade receivables | 40 | €19,028 | €13,615 | -€5,413 | -28.4% |
| Other amounts receivable | 41 | €11,547 | €7,202 | -€4,345 | -37.6% |
| Current investments | 50/53 | €253,097 | €306,346 | +€53,250 | +21.0% |
| Cash at bank and in hand | 54/58 | €146,185 | €143,461 | -€2,724 | -1.9% |
| Deferred charges and accrued income | 490/1 | €6,006 | €6,154 | +€148 | +2.5% |
| Total equity and liabilities | 10/49 | €520,169 | €549,051 | +€28,882 | +5.6% |
| Equity | 10/15 | €362,521 | €411,154 | +€48,634 | +13.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €343,929 | €392,562 | +€48,634 | +14.1% |
| Tax-exempt reserves | 132 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €339,929 | €388,562 | +€48,634 | +14.3% |
| Amounts payable | 17/49 | €157,649 | €137,897 | -€19,752 | -12.5% |
| Amounts payable within one year | 42/48 | €148,649 | €128,897 | -€19,752 | -13.3% |
| Trade debts | 44 | €34,248 | €14,180 | -€20,068 | -58.6% |
| Suppliers | 440/4 | €34,248 | €14,180 | -€20,068 | -58.6% |
| Taxes, remuneration and social security | 45 | €7,147 | €7,859 | +€712 | +10.0% |
| Taxes | 450/3 | €7,147 | €7,859 | +€712 | +10.0% |
| Other amounts payable | 47/48 | €107,254 | €106,858 | -€396 | -0.4% |
| Accrued charges and deferred income | 492/3 | €9,000 | €9,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,326 | €14,813 | -€513 | -3.3% |
| Other operating charges | 640/8 | €1,085 | €1,242 | +€157 | +14.5% |
| Gross operating margin | 9900 | €71,165 | €82,078 | +€10,913 | +15.3% |
| Operating profit (loss) | 9901 | €54,753 | €66,022 | +€11,269 | +20.6% |
| Financial income | 75/76B | €5,844 | €6,590 | +€746 | +12.8% |
| Recurring financial income | 75 | €5,844 | €6,590 | +€746 | +12.8% |
| Financial charges | 65/66B | €99 | €129 | +€30 | +30.2% |
| Recurring financial charges | 65 | €99 | €129 | +€30 | +30.2% |
| Profit (loss) for the period before taxes | 9903 | €60,498 | €72,483 | +€11,985 | +19.8% |
| Income taxes | 67/77 | €19,919 | €23,850 | +€3,930 | +19.7% |
| Profit (loss) for the period | 9904 | €40,579 | €48,634 | +€8,054 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €40,579 | €48,634 | +€8,054 | +19.8% |
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 18 October 2026 via checked.be.