SANIAN: what changed
SANIAN
Largest movements
- Cash -€12,990
down €12,990 (-66.5%), from €19,544 to €6,554
mainly Receivables within one year (-€12,911) and Investment in fixed assets (net) (-€3,388)
- Receivables within one year +€12,911
up €12,911 (+250%), from €5,165 to €18,076
of which Trade receivables: +€12,941
- Tangible fixed assets +€2,726
new in 2026: €2,726
- Reserves +€3,229
up €3,229 (+40.2%), from €8,037 to €11,266
- Other debts -€1,029
down €1,029 (-75.5%), from €1,363 to €334
- Trade debts +€753
up €753 (+49.3%), from €1,526 to €2,279
- Tax, wage and social debts -€307
down €307 (-8.1%), from €3,783 to €3,476
- Gross operating margin -€8,132
down €8,132 (-56.4%), from €14,407 to €6,275
- Financial charges -€2,459
down €2,459 (-79.5%), from €3,094 to €635
- Taxes -€1,695
down €1,695 (-51.4%), from €3,300 to €1,605
- Depreciation +€662
new in 2026: €662
- Other operating charges +€144
new in 2026: €144
Change in the result, 2025 to 2026
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 2025 and 2026 balance sheets and the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,709 | €27,355 | +€2,646 | +10.7% |
| Fixed assets | 21/28 | - | €2,726 | +€2,726 | |
| Tangible fixed assets | 22/27 | - | €2,726 | +€2,726 | |
| Furniture and vehicles | 24 | - | €2,726 | +€2,726 | |
| Current assets | 29/58 | €24,709 | €24,630 | -€79 | -0.3% |
| Amounts receivable within one year | 40/41 | €5,165 | €18,076 | +€12,911 | +250% |
| Trade receivables | 40 | €5,027 | €17,969 | +€12,941 | +257% |
| Other amounts receivable | 41 | €138 | €107 | -€31 | -22.2% |
| Cash at bank and in hand | 54/58 | €19,544 | €6,554 | -€12,990 | -66.5% |
| Total equity and liabilities | 10/49 | €24,709 | €27,355 | +€2,646 | +10.7% |
| Equity | 10/15 | €18,037 | €21,266 | +€3,229 | +17.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €8,037 | €11,266 | +€3,229 | +40.2% |
| Distributable reserves | 133 | €8,037 | €11,266 | +€3,229 | +40.2% |
| Amounts payable | 17/49 | €6,672 | €6,090 | -€583 | -8.7% |
| Amounts payable within one year | 42/48 | €6,672 | €6,090 | -€583 | -8.7% |
| Trade debts | 44 | €1,526 | €2,279 | +€753 | +49.3% |
| Suppliers | 440/4 | €1,526 | €2,279 | +€753 | +49.3% |
| Taxes, remuneration and social security | 45 | €3,783 | €3,476 | -€307 | -8.1% |
| Taxes | 450/3 | €3,783 | €3,476 | -€307 | -8.1% |
| Other amounts payable | 47/48 | €1,363 | €334 | -€1,029 | -75.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €662 | +€662 | |
| Other operating charges | 640/8 | - | €144 | +€144 | |
| Gross operating margin | 9900 | €14,407 | €6,275 | -€8,132 | -56.4% |
| Operating profit (loss) | 9901 | €14,407 | €5,468 | -€8,938 | -62.0% |
| Financial income | 75/76B | €24 | - | -€24 | |
| Recurring financial income | 75 | €24 | - | -€24 | |
| Financial charges | 65/66B | €3,094 | €635 | -€2,459 | -79.5% |
| Recurring financial charges | 65 | €3,094 | €635 | -€2,459 | -79.5% |
| Profit (loss) for the period before taxes | 9903 | €11,337 | €4,834 | -€6,503 | -57.4% |
| Income taxes | 67/77 | €3,300 | €1,605 | -€1,695 | -51.4% |
| Profit (loss) for the period | 9904 | €8,037 | €3,229 | -€4,808 | -59.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,037 | €3,229 | -€4,808 | -59.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.