SANICHAUTOI: 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.
SANICHAUTOI
Largest movements
- Tangible fixed assets +€451,092
up €451,092 (+93.3%), from €483,692 to €934,784
of which Land and buildings: +€455,981
- Receivables within one year +€97,545
up €97,545 (+51.3%), from €190,079 to €287,625
of which Trade receivables: +€96,383
- Revaluation surpluses +€479,178
new in 2025: €479,178
- Trade debts +€170,346
up €170,346 (+415%), from €41,043 to €211,389
- Tax, wage and social debts -€58,165
down €58,165 (-58.0%), from €100,293 to €42,128
of which Taxes: -€44,200
- Profit (loss) carried forward -€51,346
down €51,346 (-35.3%), from €145,534 to €94,187
- Debts after one year -€51,091
down €51,091 (-37.4%), from €136,526 to €85,434
- Gross operating margin -€59,554
down €59,554 (-14.8%), from €401,205 to €341,651
- Staff costs -€42,997
down €42,997 (-12.3%), from €348,327 to €305,330
- Other operating charges -€37,520
down €37,520 (-66.5%), from €56,393 to €18,873
- Depreciation +€6,370
up €6,370 (+24.4%), from €26,123 to €32,493
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 | €721,231 | €1,270,747 | +€549,516 | +76.2% |
| Fixed assets | 21/28 | €487,105 | €938,197 | +€451,092 | +92.6% |
| Tangible fixed assets | 22/27 | €483,692 | €934,784 | +€451,092 | +93.3% |
| Land and buildings | 22 | €463,950 | €919,931 | +€455,981 | +98.3% |
| Plant, machinery and equipment | 23 | €8,041 | €8,435 | +€394 | +4.9% |
| Furniture and vehicles | 24 | €11,702 | €6,419 | -€5,283 | -45.1% |
| Financial fixed assets | 28 | €3,412 | €3,412 | = | 0.0% |
| Current assets | 29/58 | €234,126 | €332,551 | +€98,424 | +42.0% |
| Stocks and contracts in progress | 3 | €31,350 | €30,450 | -€900 | -2.9% |
| Stocks | 30/36 | €31,350 | €30,450 | -€900 | -2.9% |
| Amounts receivable within one year | 40/41 | €190,079 | €287,625 | +€97,545 | +51.3% |
| Trade receivables | 40 | €123,549 | €219,933 | +€96,383 | +78.0% |
| Other amounts receivable | 41 | €66,530 | €67,692 | +€1,162 | +1.7% |
| Cash at bank and in hand | 54/58 | €543 | - | -€543 | |
| Deferred charges and accrued income | 490/1 | €12,155 | €14,476 | +€2,321 | +19.1% |
| Total equity and liabilities | 10/49 | €721,231 | €1,270,747 | +€549,516 | +76.2% |
| Equity | 10/15 | €369,187 | €797,088 | +€427,901 | +116% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Revaluation surpluses | 12 | - | €479,178 | +€479,178 | |
| Reserves | 13 | €203,194 | €203,263 | +€69 | 0.0% |
| Distributable reserves | 133 | €203,194 | €203,263 | +€69 | 0.0% |
| Profit (loss) carried forward | 14 | €145,534 | €94,187 | -€51,346 | -35.3% |
| Amounts payable | 17/49 | €352,044 | €473,659 | +€121,615 | +34.5% |
| Amounts payable after more than one year | 17 | €136,526 | €85,434 | -€51,091 | -37.4% |
| Financial debts | 170/4 | €136,526 | €85,434 | -€51,091 | -37.4% |
| Amounts payable within one year | 42/48 | €215,518 | €388,225 | +€172,706 | +80.1% |
| Current portion of amounts payable after more than one year | 42 | €54,063 | €57,465 | +€3,402 | +6.3% |
| Financial debts | 43 | - | €49,275 | +€49,275 | |
| Other loans | 439 | - | €49,275 | +€49,275 | |
| Trade debts | 44 | €41,043 | €211,389 | +€170,346 | +415% |
| Suppliers | 440/4 | €41,043 | €211,389 | +€170,346 | +415% |
| Taxes, remuneration and social security | 45 | €100,293 | €42,128 | -€58,165 | -58.0% |
| Taxes | 450/3 | €44,809 | €610 | -€44,200 | -98.6% |
| Remuneration and social security | 454/9 | €55,483 | €41,518 | -€13,965 | -25.2% |
| Other amounts payable | 47/48 | €20,119 | €27,967 | +€7,847 | +39.0% |
| Remuneration, social security and pensions | 62 | €348,327 | €305,330 | -€42,997 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,123 | €32,493 | +€6,370 | +24.4% |
| Other operating charges | 640/8 | €56,393 | €18,873 | -€37,520 | -66.5% |
| Gross operating margin | 9900 | €401,205 | €341,651 | -€59,554 | -14.8% |
| Operating profit (loss) | 9901 | -€29,638 | -€15,045 | +€14,593 | +49.2% |
| Financial income | 75/76B | €148 | €66 | -€82 | -55.5% |
| Recurring financial income | 75 | €148 | €66 | -€82 | -55.5% |
| Financial charges | 65/66B | €38,642 | €35,434 | -€3,208 | -8.3% |
| Recurring financial charges | 65 | €38,642 | €35,434 | -€3,208 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | -€68,132 | -€50,413 | +€17,719 | +26.0% |
| Income taxes | 67/77 | €941 | €933 | -€8 | -0.9% |
| Profit (loss) for the period | 9904 | -€69,074 | -€51,346 | +€17,727 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,074 | -€51,346 | +€17,727 | +25.7% |
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 25 October 2026 via checked.be.