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SANICO: what changed

What changed

SANICO

BE 0471.852.441
NACE 43.310, Plastering work
filed annual accounts (NBB)
Financial years compared with
Net result for the year
€13,582
2024 · -€9,713+€23,295
Equity
€23,395
2024 · €9,813+€13,582
Cash
€3,148
2024 · €38+€3,110
Balance sheet total
€124,821
2024 · €63,960+€60,861

Largest movements

2024 to 2025
Assets
  • 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)

Equity and liabilities
  • 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

Income statement
  • 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

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2024 -€9,713
Gross operating margin +€39,164
Staff costs +€406
Depreciation -€16,250
Other operating charges -€22
Financial charges -€4
Result 2025 €13,582
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€68,110
Investment -€65,000
Financing €0
Cash 2024 €38
Net result for the year +€13,582
Depreciation +€16,250
Receivables within one year -€9,001
Trade debts +€35,384
Tax, wage and social debts -€1,936
Other debts +€13,805
Accrued charges and deferred income +€27
Investment in fixed assets (net) -€65,000
Cash 2025 €3,148
brings cash intakes cash out
Every line side by side 41 lines
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
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.