SANICO: what changed
SANICO
Largest movements
- Tangible fixed assets +€48,750
new in 2025: €48,750
- Receivables within one year +€9,001
up €9,001 (+16.4%), from €55,021 to €64,023
of which Trade receivables: +€11,422
- Cash +€3,110
up €3,110 (+8,108%), from €38 to €3,148
mainly Trade debts (+€35,384) and Depreciation (+€16,250)
- Trade debts +€35,384
up €35,384 (+1,411%), from €2,507 to €37,891
- Other debts +€13,805
up €13,805 (+4,541%), from €304 to €14,109
- Profit (loss) carried forward +€13,582
up €13,582 (+34.9%), from -€38,903 to -€25,320
- Tax, wage and social debts -€1,936
down €1,936 (-49.3%), from €3,930 to €1,993
- Turnover +€88,758
up €88,758 (+628%), from €14,144 to €102,902
- Purchases and services +€49,594
up €49,594 (+214%), from €23,183 to €72,777
- Gross operating margin +€39,164
up €39,164, from -€9,039 to €30,125
- Depreciation +€16,250
new in 2025: €16,250
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,960 | €124,821 | +€60,861 | +95.2% |
| Fixed assets | 21/28 | €8,900 | €57,650 | +€48,750 | +548% |
| Tangible fixed assets | 22/27 | - | €48,750 | +€48,750 | |
| Furniture and vehicles | 24 | - | €48,750 | +€48,750 | |
| Financial fixed assets | 28 | €8,900 | €8,900 | = | 0.0% |
| Current assets | 29/58 | €55,060 | €67,171 | +€12,111 | +22.0% |
| Amounts receivable within one year | 40/41 | €55,021 | €64,023 | +€9,001 | +16.4% |
| Trade receivables | 40 | €3,031 | €14,452 | +€11,422 | +377% |
| Other amounts receivable | 41 | €51,991 | €49,570 | -€2,421 | -4.7% |
| Cash at bank and in hand | 54/58 | €38 | €3,148 | +€3,110 | +8,108% |
| Total equity and liabilities | 10/49 | €63,960 | €124,821 | +€60,861 | +95.2% |
| Equity | 10/15 | €9,813 | €23,395 | +€13,582 | +138% |
| Contributions | 10/11 | €14,155 | €14,155 | = | 0.0% |
| Reserves | 13 | €34,560 | €34,560 | = | 0.0% |
| Non-distributable reserves | 130/1 | €34,560 | €34,560 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €32,700 | €32,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,903 | -€25,320 | +€13,582 | +34.9% |
| Provisions and deferred taxes | 16 | €47,406 | €47,406 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €47,406 | €47,406 | = | 0.0% |
| Pensions and similar obligations | 160 | €47,406 | €47,406 | = | 0.0% |
| Amounts payable | 17/49 | €6,741 | €54,020 | +€47,279 | +701% |
| Amounts payable within one year | 42/48 | €6,741 | €53,994 | +€47,253 | +701% |
| Trade debts | 44 | €2,507 | €37,891 | +€35,384 | +1,411% |
| Suppliers | 440/4 | €2,507 | €37,891 | +€35,384 | +1,411% |
| Taxes, remuneration and social security | 45 | €3,930 | €1,993 | -€1,936 | -49.3% |
| Taxes | 450/3 | €3,930 | €1,993 | -€1,936 | -49.3% |
| Other amounts payable | 47/48 | €304 | €14,109 | +€13,805 | +4,541% |
| Accrued charges and deferred income | 492/3 | - | €27 | +€27 | |
| Turnover | 70 | €14,144 | €102,902 | +€88,758 | +628% |
| Goods, raw materials, services and sundry goods | 60/61 | €23,183 | €72,777 | +€49,594 | +214% |
| Remuneration, social security and pensions | 62 | €406 | - | -€406 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €16,250 | +€16,250 | |
| Other operating charges | 640/8 | €153 | €174 | +€22 | +14.2% |
| Gross operating margin | 9900 | -€9,039 | €30,125 | +€39,164 | |
| Operating profit (loss) | 9901 | -€9,598 | €13,701 | +€23,299 | |
| Financial charges | 65/66B | €115 | €119 | +€4 | +3.4% |
| Recurring financial charges | 65 | €115 | €119 | +€4 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,713 | €13,582 | +€23,295 | |
| Profit (loss) for the period | 9904 | -€9,713 | €13,582 | +€23,295 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,713 | €13,582 | +€23,295 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.