Sanibelco: 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.
Sanibelco
Largest movements
- Receivables within one year -€2,440
down €2,440 (-24.0%), from €10,176 to €7,736
of which Trade receivables: -€1,766
- Tangible fixed assets -€1,044
down €1,044 (-28.2%), from €3,704 to €2,660
- Trade debts -€11,063
down €11,063 (-74.8%), from €14,784 to €3,721
- Profit (loss) carried forward +€6,364
up €6,364 (+19.1%), from -€33,402 to -€27,038
- Other debts +€1,268
up €1,268 (+63.4%), from €2,000 to €3,268
- Gross operating margin +€31,741
up €31,741, from -€21,672 to €10,069
- Other operating charges -€1,537
down €1,537 (-42.4%), from €3,623 to €2,086
- Depreciation +€572
up €572 (+121%), from €472 to €1,044
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 | €16,152 | €12,669 | -€3,483 | -21.6% |
| Fixed assets | 21/28 | €3,704 | €2,660 | -€1,044 | -28.2% |
| Tangible fixed assets | 22/27 | €3,704 | €2,660 | -€1,044 | -28.2% |
| Furniture and vehicles | 24 | €3,704 | €2,660 | -€1,044 | -28.2% |
| Current assets | 29/58 | €12,448 | €10,009 | -€2,439 | -19.6% |
| Amounts receivable within one year | 40/41 | €10,176 | €7,736 | -€2,440 | -24.0% |
| Trade receivables | 40 | €7,728 | €5,962 | -€1,766 | -22.9% |
| Other amounts receivable | 41 | €2,448 | €1,774 | -€674 | -27.5% |
| Cash at bank and in hand | 54/58 | €2,272 | €2,274 | +€2 | +0.1% |
| Total equity and liabilities | 10/49 | €16,152 | €12,669 | -€3,483 | -21.6% |
| Equity | 10/15 | -€5,189 | €1,175 | +€6,364 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €26,213 | €26,213 | = | 0.0% |
| Non-distributable reserves | 130/1 | €26,213 | €26,213 | = | 0.0% |
| Reserves not available under the articles | 1311 | €26,213 | €26,213 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,402 | -€27,038 | +€6,364 | +19.1% |
| Amounts payable | 17/49 | €21,341 | €11,495 | -€9,847 | -46.1% |
| Amounts payable within one year | 42/48 | €21,341 | €11,495 | -€9,847 | -46.1% |
| Trade debts | 44 | €14,784 | €3,721 | -€11,063 | -74.8% |
| Suppliers | 440/4 | €14,784 | €3,721 | -€11,063 | -74.8% |
| Taxes, remuneration and social security | 45 | €4,557 | €4,506 | -€51 | -1.1% |
| Taxes | 450/3 | €4,557 | €4,506 | -€51 | -1.1% |
| Other amounts payable | 47/48 | €2,000 | €3,268 | +€1,268 | +63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €472 | €1,044 | +€572 | +121% |
| Other operating charges | 640/8 | €3,623 | €2,086 | -€1,537 | -42.4% |
| Gross operating margin | 9900 | -€21,672 | €10,069 | +€31,741 | |
| Operating profit (loss) | 9901 | -€25,767 | €6,940 | +€32,706 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €505 | €391 | -€114 | -22.5% |
| Recurring financial charges | 65 | €505 | €391 | -€114 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | -€26,271 | €6,549 | +€32,819 | |
| Income taxes | 67/77 | €177 | €184 | +€7 | +4.1% |
| Profit (loss) for the period | 9904 | -€26,448 | €6,364 | +€32,812 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,448 | €6,364 | +€32,812 |
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 29 October 2026 via checked.be.