SANI JORIS: 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 JORIS
Largest movements
- Receivables within one year -€102,162
down €102,162 (-24.4%), from €418,097 to €315,935
of which Other amounts receivable: -€94,339
- Tangible fixed assets -€11,465
down €11,465 (-4.7%), from €241,467 to €230,003
of which Land and buildings: -€6,907
- Cash -€11,247
down €11,247 (-31.4%), from €35,762 to €24,515
mainly Contributions, distributions and other (-€162,488) and Debts after one year (-€29,054)
- Reserves -€156,491
down €156,491 (-30.2%), from €518,006 to €361,515
- Other debts +€46,896
new in 2025: €46,896
- Debts after one year -€29,054
down €29,054 (-24.1%), from €120,465 to €91,411
- Gross operating margin -€93,778
down €93,778 (-32.6%), from €287,617 to €193,839
- Staff costs -€28,075
down €28,075 (-15.3%), from €183,563 to €155,488
- Taxes -€19,560
down €19,560 (-84.6%), from €23,131 to €3,571
- Financial charges +€3,194
up €3,194 (+42.8%), from €7,466 to €10,660
of which Non-recurring financial charges: +€2,095
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 | €726,437 | €587,747 | -€138,690 | -19.1% |
| Fixed assets | 21/28 | €241,467 | €230,003 | -€11,465 | -4.7% |
| Tangible fixed assets | 22/27 | €241,467 | €230,003 | -€11,465 | -4.7% |
| Land and buildings | 22 | €229,494 | €222,587 | -€6,907 | -3.0% |
| Plant, machinery and equipment | 23 | €3,723 | €2,400 | -€1,323 | -35.5% |
| Furniture and vehicles | 24 | €8,250 | €5,015 | -€3,235 | -39.2% |
| Current assets | 29/58 | €484,969 | €357,744 | -€127,225 | -26.2% |
| Stocks and contracts in progress | 3 | €21,015 | €13,977 | -€7,038 | -33.5% |
| Stocks | 30/36 | €21,015 | €13,977 | -€7,038 | -33.5% |
| Amounts receivable within one year | 40/41 | €418,097 | €315,935 | -€102,162 | -24.4% |
| Trade receivables | 40 | €255,130 | €247,306 | -€7,824 | -3.1% |
| Other amounts receivable | 41 | €162,968 | €68,629 | -€94,339 | -57.9% |
| Current investments | 50/53 | €5,425 | - | -€5,425 | |
| Cash at bank and in hand | 54/58 | €35,762 | €24,515 | -€11,247 | -31.4% |
| Deferred charges and accrued income | 490/1 | €4,671 | €3,317 | -€1,353 | -29.0% |
| Total equity and liabilities | 10/49 | €726,437 | €587,747 | -€138,690 | -19.1% |
| Equity | 10/15 | €536,606 | €380,115 | -€156,491 | -29.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €518,006 | €361,515 | -€156,491 | -30.2% |
| Distributable reserves | 133 | €518,006 | €361,515 | -€156,491 | -30.2% |
| Amounts payable | 17/49 | €189,831 | €207,632 | +€17,801 | +9.4% |
| Amounts payable after more than one year | 17 | €120,465 | €91,411 | -€29,054 | -24.1% |
| Financial debts | 170/4 | €120,465 | €91,411 | -€29,054 | -24.1% |
| Amounts payable within one year | 42/48 | €67,304 | €114,886 | +€47,582 | +70.7% |
| Current portion of amounts payable after more than one year | 42 | €47,636 | €46,054 | -€1,582 | -3.3% |
| Trade debts | 44 | - | €5,759 | +€5,759 | |
| Suppliers | 440/4 | - | €5,759 | +€5,759 | |
| Taxes, remuneration and social security | 45 | €19,668 | €16,178 | -€3,491 | -17.7% |
| Taxes | 450/3 | €8,432 | €2,668 | -€5,764 | -68.4% |
| Remuneration and social security | 454/9 | €11,236 | €13,510 | +€2,273 | +20.2% |
| Other amounts payable | 47/48 | - | €46,896 | +€46,896 | |
| Accrued charges and deferred income | 492/3 | €2,062 | €1,335 | -€727 | -35.3% |
| Remuneration, social security and pensions | 62 | €183,563 | €155,488 | -€28,075 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,752 | €14,310 | +€558 | +4.1% |
| Other operating charges | 640/8 | €5,242 | €4,968 | -€274 | -5.2% |
| Gross operating margin | 9900 | €287,617 | €193,839 | -€93,778 | -32.6% |
| Operating profit (loss) | 9901 | €85,060 | €19,073 | -€65,987 | -77.6% |
| Financial income | 75/76B | - | €1,155 | +€1,155 | |
| Recurring financial income | 75 | - | €1,155 | +€1,155 | |
| Financial charges | 65/66B | €7,466 | €10,660 | +€3,194 | +42.8% |
| Recurring financial charges | 65 | €7,066 | €8,165 | +€1,099 | +15.6% |
| Non-recurring financial charges | 66B | €400 | €2,495 | +€2,095 | +524.0% |
| Profit (loss) for the period before taxes | 9903 | €77,594 | €9,568 | -€68,026 | -87.7% |
| Income taxes | 67/77 | €23,131 | €3,571 | -€19,560 | -84.6% |
| Profit (loss) for the period | 9904 | €54,463 | €5,997 | -€48,466 | -89.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,463 | €5,997 | -€48,466 | -89.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.