SANI-PLADYS: what changed
SANI-PLADYS
Largest movements
- Receivables within one year -€49,208
down €49,208 (-50.6%), from €97,275 to €48,067
of which Trade receivables: -€48,521
- Cash -€23,060
down €23,060 (-91.6%), from €25,170 to €2,110
mainly Investment in fixed assets (net) (-€40,775) and Net result for the year (-€38,326)
- Tangible fixed assets +€21,601
up €21,601 (+13.3%), from €163,016 to €184,617
of which Furniture and vehicles: +€31,338
- Profit (loss) carried forward -€38,326
down €38,326 (-25.6%), from €149,551 to €111,226
- Trade debts -€29,169
down €29,169 (-91.5%), from €31,878 to €2,709
- Debts after one year +€8,164
up €8,164 (+16.0%), from €51,085 to €59,248
- Current portion of long-term debt +€5,805
up €5,805 (+25.0%), from €23,266 to €29,071
- Tax, wage and social debts +€3,398
up €3,398 (+29.2%), from €11,650 to €15,048
of which Remuneration and social security: +€6,388
- Gross operating margin -€66,108
down €66,108 (-85.2%), from €77,592 to €11,484
- Taxes -€8,891
down €8,891 (-99.9%), from €8,901 to €10
- Depreciation +€5,910
up €5,910 (+44.6%), from €13,264 to €19,174
- Staff costs +€2,269
up €2,269 (+10.0%), from €22,681 to €24,950
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €287,889 | €237,761 | -€50,128 | -17.4% |
| Fixed assets | 21/28 | €163,016 | €184,617 | +€21,601 | +13.3% |
| Tangible fixed assets | 22/27 | €163,016 | €184,617 | +€21,601 | +13.3% |
| Land and buildings | 22 | €141,844 | €136,288 | -€5,556 | -3.9% |
| Plant, machinery and equipment | 23 | €21,057 | €16,876 | -€4,181 | -19.9% |
| Furniture and vehicles | 24 | €115 | €31,453 | +€31,338 | +27,305% |
| Current assets | 29/58 | €124,873 | €53,145 | -€71,728 | -57.4% |
| Stocks and contracts in progress | 3 | €2,268 | €2,968 | +€700 | +30.9% |
| Stocks | 30/36 | €2,268 | €2,968 | +€700 | +30.9% |
| Amounts receivable within one year | 40/41 | €97,275 | €48,067 | -€49,208 | -50.6% |
| Trade receivables | 40 | €78,161 | €29,640 | -€48,521 | -62.1% |
| Other amounts receivable | 41 | €19,114 | €18,428 | -€687 | -3.6% |
| Cash at bank and in hand | 54/58 | €25,170 | €2,110 | -€23,060 | -91.6% |
| Deferred charges and accrued income | 490/1 | €160 | - | -€160 | |
| Total equity and liabilities | 10/49 | €287,889 | €237,761 | -€50,128 | -17.4% |
| Equity | 10/15 | €170,011 | €131,686 | -€38,326 | -22.5% |
| 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 | €149,551 | €111,226 | -€38,326 | -25.6% |
| Amounts payable | 17/49 | €117,878 | €106,076 | -€11,802 | -10.0% |
| Amounts payable after more than one year | 17 | €51,085 | €59,248 | +€8,164 | +16.0% |
| Financial debts | 170/4 | €51,085 | €59,248 | +€8,164 | +16.0% |
| Amounts payable within one year | 42/48 | €66,793 | €46,828 | -€19,966 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | €23,266 | €29,071 | +€5,805 | +25.0% |
| Trade debts | 44 | €31,878 | €2,709 | -€29,169 | -91.5% |
| Suppliers | 440/4 | €31,878 | €2,709 | -€29,169 | -91.5% |
| Taxes, remuneration and social security | 45 | €11,650 | €15,048 | +€3,398 | +29.2% |
| Taxes | 450/3 | €9,179 | €6,189 | -€2,990 | -32.6% |
| Remuneration and social security | 454/9 | €2,470 | €8,859 | +€6,388 | +259% |
| Non-recurring operating income | 76A | €20 | €437 | +€417 | +2,054% |
| Remuneration, social security and pensions | 62 | €22,681 | €24,950 | +€2,269 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,264 | €19,174 | +€5,910 | +44.6% |
| Other operating charges | 640/8 | €1,421 | €1,006 | -€415 | -29.2% |
| Non-recurring operating charges | 66A | €18 | €15 | -€4 | -21.2% |
| Gross operating margin | 9900 | €77,592 | €11,484 | -€66,108 | -85.2% |
| Operating profit (loss) | 9901 | €40,207 | -€33,660 | -€73,867 | |
| Financial income | 75/76B | €622 | €653 | +€31 | +5.0% |
| Recurring financial income | 75 | €622 | €653 | +€31 | +5.0% |
| Financial charges | 65/66B | €4,834 | €5,309 | +€475 | +9.8% |
| Recurring financial charges | 65 | €4,834 | €5,309 | +€475 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €35,995 | -€38,316 | -€74,311 | |
| Income taxes | 67/77 | €8,901 | €10 | -€8,891 | -99.9% |
| Profit (loss) for the period | 9904 | €27,094 | -€38,326 | -€65,420 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,094 | -€38,326 | -€65,420 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.