SANI-TIP-TOP: 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.
What changed
SANI-TIP-TOP
NACE 46.831, Wholesale of construction materials, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€14,336
2024 · €42,557-€56,893
Equity
€763,857
2024 · €778,193-€14,336
Cash
€162,127
2024 · €147,412+€14,715
Balance sheet total
€2.3m
2024 · €2.4m-€35,594
Largest movements
Assets
- Tangible fixed assets -€59,371
down €59,371 (-5.5%), from €1.1m to €1.0m
of which Land and buildings: -€50,867
Equity and liabilities
- Debts after one year -€91,131
down €91,131 (-15.2%), from €600,973 to €509,843
- Trade debts +€70,613
up €70,613 (+69.2%), from €102,011 to €172,624
Income statement
- Gross operating margin -€100,676
down €100,676 (-39.6%), from €254,330 to €153,654
- Staff costs -€34,323
down €34,323 (-32.1%), from €106,984 to €72,661
- Taxes -€8,548
down €8,548 (-71.8%), from €11,898 to €3,350
- Other operating charges +€2,790
up €2,790 (+21.7%), from €12,858 to €15,648
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.
Result 2024
€42,557
Gross operating margin
-€100,676
Staff costs
+€34,323
Depreciation
+€626
Other operating charges
-€2,790
Financial income
+€881
Financial charges
+€2,194
Taxes
+€8,548
Result 2025
-€14,336
raises the resultlowers the result
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.
From operations
+€102,998
Investment
€0
Financing
-€88,283
Cash 2024
€147,412
From operations (derived)
+€102,998
Net result for the year
-€14,336
Depreciation
+€59,371
Receivables within one year
-€10,408
Deferred charges and accrued income
+€1,346
Provisions
-€6,844
Trade debts
+€70,613
Tax, wage and social debts
+€1,365
Other debts
+€9,105
Accrued charges and deferred income
-€7,213
Financing
-€88,283
Debts after one year
-€91,131
Current portion of long-term debt
+€2,847
Cash 2025
€162,127
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,385,527 | €2,349,933 | -€35,594 | -1.5% |
| Fixed assets | 21/28 | €1,697,607 | €1,638,237 | -€59,371 | -3.5% |
| Tangible fixed assets | 22/27 | €1,084,607 | €1,025,237 | -€59,371 | -5.5% |
| Land and buildings | 22 | €1,055,855 | €1,004,988 | -€50,867 | -4.8% |
| Plant, machinery and equipment | 23 | €28,259 | €20,060 | -€8,199 | -29.0% |
| Furniture and vehicles | 24 | €493 | €189 | -€304 | -61.7% |
| Financial fixed assets | 28 | €613,000 | €613,000 | = | 0.0% |
| Current assets | 29/58 | €687,920 | €711,696 | +€23,777 | +3.5% |
| Stocks and contracts in progress | 3 | €94,153 | €94,153 | = | 0.0% |
| Stocks | 30/36 | €94,153 | €94,153 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €443,311 | €453,719 | +€10,408 | +2.3% |
| Trade receivables | 40 | €442,891 | €453,719 | +€10,828 | +2.4% |
| Other amounts receivable | 41 | €420 | - | -€420 | |
| Cash at bank and in hand | 54/58 | €147,412 | €162,127 | +€14,715 | +10.0% |
| Deferred charges and accrued income | 490/1 | €3,044 | €1,698 | -€1,346 | -44.2% |
| Total equity and liabilities | 10/49 | €2,385,527 | €2,349,933 | -€35,594 | -1.5% |
| Equity | 10/15 | €778,193 | €763,857 | -€14,336 | -1.8% |
| Contributions | 10/11 | €118,592 | €118,592 | = | 0.0% |
| Reserves | 13 | €282,017 | €268,732 | -€13,285 | -4.7% |
| Non-distributable reserves | 130/1 | €11,859 | €11,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,859 | €11,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €119,561 | €106,276 | -€13,285 | -11.1% |
| Distributable reserves | 133 | €150,597 | €150,597 | = | 0.0% |
| Profit (loss) carried forward | 14 | €377,584 | €376,533 | -€1,052 | -0.3% |
| Provisions and deferred taxes | 16 | €61,592 | €54,749 | -€6,844 | -11.1% |
| Deferred taxes | 168 | €61,592 | €54,749 | -€6,844 | -11.1% |
| Amounts payable | 17/49 | €1,545,742 | €1,531,328 | -€14,414 | -0.9% |
| Amounts payable after more than one year | 17 | €600,973 | €509,843 | -€91,131 | -15.2% |
| Financial debts | 170/4 | €600,973 | €509,843 | -€91,131 | -15.2% |
| Amounts payable within one year | 42/48 | €937,555 | €1,021,485 | +€83,930 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €88,283 | €91,131 | +€2,847 | +3.2% |
| Trade debts | 44 | €102,011 | €172,624 | +€70,613 | +69.2% |
| Suppliers | 440/4 | €102,011 | €172,624 | +€70,613 | +69.2% |
| Taxes, remuneration and social security | 45 | €24,219 | €25,584 | +€1,365 | +5.6% |
| Taxes | 450/3 | €10,952 | €11,736 | +€783 | +7.1% |
| Remuneration and social security | 454/9 | €13,266 | €13,848 | +€582 | +4.4% |
| Other amounts payable | 47/48 | €723,042 | €732,147 | +€9,105 | +1.3% |
| Accrued charges and deferred income | 492/3 | €7,213 | - | -€7,213 | |
| Remuneration, social security and pensions | 62 | €106,984 | €72,661 | -€34,323 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,997 | €59,371 | -€626 | -1.0% |
| Other operating charges | 640/8 | €12,858 | €15,648 | +€2,790 | +21.7% |
| Gross operating margin | 9900 | €254,330 | €153,654 | -€100,676 | -39.6% |
| Operating profit (loss) | 9901 | €74,491 | €5,974 | -€68,516 | -92.0% |
| Financial income | 75/76B | €111 | €992 | +€881 | +795% |
| Recurring financial income | 75 | €111 | €992 | +€881 | +795% |
| Financial charges | 65/66B | €26,990 | €24,796 | -€2,194 | -8.1% |
| Recurring financial charges | 65 | €26,990 | €24,796 | -€2,194 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €47,611 | -€17,830 | -€65,441 | |
| Transfer from deferred taxes | 780 | €6,844 | €6,844 | = | 0.0% |
| Income taxes | 67/77 | €11,898 | €3,350 | -€8,548 | -71.8% |
| Profit (loss) for the period | 9904 | €42,557 | -€14,336 | -€56,893 | |
| Transfer from tax-exempt reserves | 789 | €13,285 | €13,285 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,841 | -€1,052 | -€56,893 |
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.