SANICOOL: 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.
SANICOOL
Largest movements
- Receivables within one year -€80,738
down €80,738 (-46.7%), from €172,736 to €91,999
of which Trade receivables: -€62,192
- Stocks and contracts +€64,829
up €64,829 (+85.9%), from €75,509 to €140,338
- Cash -€20,610
down €20,610 (-89.0%), from €23,169 to €2,560
mainly Contributions, distributions and other (-€127,913) and Stocks and contracts (-€64,829)
- Tangible fixed assets +€8,436
up €8,436 (+49.8%), from €16,948 to €25,384
of which Furniture and vehicles: +€10,855
- Other debts +€108,726
up €108,726, from €0 to €108,726
- Reserves -€93,310
down €93,310 (-54.1%), from €172,426 to €79,116
- Trade debts -€22,008
down €22,008 (-30.5%), from €72,138 to €50,130
- Tax, wage and social debts -€21,395
down €21,395 (-78.7%), from €27,190 to €5,795
of which Taxes: -€27,190
- Gross operating margin -€7,951
down €7,951 (-12.7%), from €62,818 to €54,866
- Taxes -€2,393
down €2,393 (-21.0%), from €11,368 to €8,976
- Financial income -€1,036
no longer reported in 2025 (was €1,036)
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.
Cash bridge derived
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 | €290,354 | €262,367 | -€27,987 | -9.6% |
| Fixed assets | 21/28 | €16,948 | €25,384 | +€8,436 | +49.8% |
| Tangible fixed assets | 22/27 | €16,948 | €25,384 | +€8,436 | +49.8% |
| Plant, machinery and equipment | 23 | €5,589 | €3,170 | -€2,420 | -43.3% |
| Furniture and vehicles | 24 | €11,359 | €22,214 | +€10,855 | +95.6% |
| Current assets | 29/58 | €273,406 | €236,983 | -€36,423 | -13.3% |
| Stocks and contracts in progress | 3 | €75,509 | €140,338 | +€64,829 | +85.9% |
| Contracts in progress | 37 | €75,509 | €140,338 | +€64,829 | +85.9% |
| Amounts receivable within one year | 40/41 | €172,736 | €91,999 | -€80,738 | -46.7% |
| Trade receivables | 40 | €130,761 | €68,569 | -€62,192 | -47.6% |
| Other amounts receivable | 41 | €41,975 | €23,430 | -€18,546 | -44.2% |
| Cash at bank and in hand | 54/58 | €23,169 | €2,560 | -€20,610 | -89.0% |
| Deferred charges and accrued income | 490/1 | €1,991 | €2,087 | +€96 | +4.8% |
| Total equity and liabilities | 10/49 | €290,354 | €262,367 | -€27,987 | -9.6% |
| Equity | 10/15 | €191,026 | €97,716 | -€93,310 | -48.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €172,426 | €79,116 | -€93,310 | -54.1% |
| Distributable reserves | 133 | €172,426 | €79,116 | -€93,310 | -54.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €99,329 | €164,652 | +€65,323 | +65.8% |
| Amounts payable within one year | 42/48 | €99,329 | €164,652 | +€65,323 | +65.8% |
| Trade debts | 44 | €72,138 | €50,130 | -€22,008 | -30.5% |
| Suppliers | 440/4 | €72,138 | €50,130 | -€22,008 | -30.5% |
| Taxes, remuneration and social security | 45 | €27,190 | €5,795 | -€21,395 | -78.7% |
| Taxes | 450/3 | €27,190 | - | -€27,190 | |
| Remuneration and social security | 454/9 | €0 | €5,795 | +€5,795 | |
| Other amounts payable | 47/48 | €0 | €108,726 | +€108,726 | |
| Non-recurring operating income | 76A | €7,000 | - | -€7,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,368 | €6,368 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,509 | €1,908 | +€399 | +26.4% |
| Non-recurring operating charges | 66A | - | €2,704 | +€2,704 | |
| Gross operating margin | 9900 | €62,818 | €54,866 | -€7,951 | -12.7% |
| Operating profit (loss) | 9901 | €54,941 | €43,886 | -€11,055 | -20.1% |
| Financial income | 75/76B | €1,036 | - | -€1,036 | |
| Recurring financial income | 75 | €1,036 | - | -€1,036 | |
| Financial charges | 65/66B | €96 | €307 | +€211 | +219.1% |
| Recurring financial charges | 65 | €96 | €307 | +€211 | +219.1% |
| Profit (loss) for the period before taxes | 9903 | €55,880 | €43,579 | -€12,301 | -22.0% |
| Income taxes | 67/77 | €11,368 | €8,976 | -€2,393 | -21.0% |
| Profit (loss) for the period | 9904 | €44,512 | €34,604 | -€9,909 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,512 | €34,604 | -€9,909 | -22.3% |
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 9 October 2026 via checked.be.