Sani-tek: 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-tek
Largest movements
- Cash +€61,365
up €61,365 (+63.1%), from €97,251 to €158,617
mainly Receivables within one year (+€39,137) and Net result for the year (+€31,460)
- Receivables within one year -€39,137
down €39,137 (-81.9%), from €47,793 to €8,656
of which Other amounts receivable: -€34,210
- Tangible fixed assets -€6,184
down €6,184 (-20.2%), from €30,676 to €24,492
- Reserves +€31,460
up €31,460 (+43.4%), from €72,548 to €104,008
- Trade debts -€13,146
down €13,146 (-77.0%), from €17,063 to €3,917
- Debts after one year -€9,588
down €9,588 (-13.7%), from €70,195 to €60,608
- Other debts +€6,022
new in 2025: €6,022
- Gross operating margin +€27,989
up €27,989 (+23.5%), from €118,985 to €146,974
- Staff costs +€15,414
up €15,414 (+20.6%), from €74,798 to €90,213
- Taxes +€3,345
up €3,345 (+47.5%), from €7,050 to €10,395
- Depreciation +€1,608
up €1,608 (+19.7%), from €8,140 to €9,748
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 | €191,349 | €205,890 | +€14,541 | +7.6% |
| Fixed assets | 21/28 | €32,981 | €26,797 | -€6,184 | -18.7% |
| Tangible fixed assets | 22/27 | €30,676 | €24,492 | -€6,184 | -20.2% |
| Plant, machinery and equipment | 23 | €4,176 | €1,974 | -€2,202 | -52.7% |
| Furniture and vehicles | 24 | €14,221 | €13,223 | -€998 | -7.0% |
| Other tangible fixed assets | 26 | €12,279 | €9,295 | -€2,984 | -24.3% |
| Financial fixed assets | 28 | €2,305 | €2,305 | = | 0.0% |
| Current assets | 29/58 | €158,368 | €179,093 | +€20,724 | +13.1% |
| Stocks and contracts in progress | 3 | €10,152 | €10,152 | = | 0.0% |
| Stocks | 30/36 | €10,152 | €10,152 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €47,793 | €8,656 | -€39,137 | -81.9% |
| Trade receivables | 40 | €10,705 | €5,778 | -€4,927 | -46.0% |
| Other amounts receivable | 41 | €37,088 | €2,878 | -€34,210 | -92.2% |
| Cash at bank and in hand | 54/58 | €97,251 | €158,617 | +€61,365 | +63.1% |
| Deferred charges and accrued income | 490/1 | €3,172 | €1,668 | -€1,504 | -47.4% |
| Total equity and liabilities | 10/49 | €191,349 | €205,890 | +€14,541 | +7.6% |
| Equity | 10/15 | €75,548 | €107,008 | +€31,460 | +41.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €72,548 | €104,008 | +€31,460 | +43.4% |
| Distributable reserves | 133 | €72,548 | €104,008 | +€31,460 | +43.4% |
| Amounts payable | 17/49 | €115,801 | €98,882 | -€16,920 | -14.6% |
| Amounts payable after more than one year | 17 | €70,195 | €60,608 | -€9,588 | -13.7% |
| Financial debts | 170/4 | €70,195 | €60,608 | -€9,588 | -13.7% |
| Amounts payable within one year | 42/48 | €45,606 | €38,274 | -€7,332 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €9,282 | €9,588 | +€306 | +3.3% |
| Trade debts | 44 | €17,063 | €3,917 | -€13,146 | -77.0% |
| Suppliers | 440/4 | €17,063 | €3,917 | -€13,146 | -77.0% |
| Taxes, remuneration and social security | 45 | €19,262 | €18,748 | -€514 | -2.7% |
| Taxes | 450/3 | €18,683 | €16,329 | -€2,354 | -12.6% |
| Remuneration and social security | 454/9 | €579 | €2,420 | +€1,841 | +318% |
| Other amounts payable | 47/48 | - | €6,022 | +€6,022 | |
| Remuneration, social security and pensions | 62 | €74,798 | €90,213 | +€15,414 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,140 | €9,748 | +€1,608 | +19.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €535 | +€535 | |
| Other operating charges | 640/8 | €1,189 | €1,190 | +€1 | +0.1% |
| Gross operating margin | 9900 | €118,985 | €146,974 | +€27,989 | +23.5% |
| Operating profit (loss) | 9901 | €34,858 | €45,289 | +€10,432 | +29.9% |
| Financial income | 75/76B | €18 | €529 | +€511 | +2,911% |
| Recurring financial income | 75 | €18 | €529 | +€511 | +2,911% |
| Financial charges | 65/66B | €3,286 | €3,963 | +€677 | +20.6% |
| Recurring financial charges | 65 | €3,286 | €3,963 | +€677 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | €31,589 | €41,855 | +€10,266 | +32.5% |
| Income taxes | 67/77 | €7,050 | €10,395 | +€3,345 | +47.5% |
| Profit (loss) for the period | 9904 | €24,539 | €31,460 | +€6,921 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,539 | €31,460 | +€6,921 | +28.2% |
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 15 October 2026 via checked.be.