SANICREA: 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.
SANICREA
Largest movements
- Receivables within one year -€30,077
down €30,077 (-37.2%), from €80,744 to €50,667
of which Trade receivables: -€25,523
- Stocks and contracts +€5,905
new in 2024: €5,905
of which Contracts in progress: +€5,000
- Cash -€3,664
down €3,664 (-79.7%), from €4,600 to €936
mainly Other debts (-€16,838) and Trade debts (-€10,163)
- Tangible fixed assets +€983
new in 2024: €983
- Other debts -€16,838
no longer reported in 2024 (was €16,838)
- Trade debts -€10,163
down €10,163 (-67.2%), from €15,125 to €4,962
- Advances received -€5,500
no longer reported in 2024 (was €5,500)
- Tax, wage and social debts +€5,380
up €5,380 (+127%), from €4,226 to €9,606
- Taxes +€19,493
up €19,493 (+1,663%), from €1,172 to €20,665
- Depreciation -€1,970
down €1,970 (-88.2%), from €2,233 to €263
- Gross operating margin +€652
up €652 (+2.5%), from €26,012 to €26,664
- Other operating charges +€626
up €626 (+17.1%), from €3,662 to €4,288
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,344 | €58,491 | -€26,853 | -31.5% |
| Fixed assets | 21/28 | - | €983 | +€983 | |
| Tangible fixed assets | 22/27 | - | €983 | +€983 | |
| Furniture and vehicles | 24 | - | €983 | +€983 | |
| Current assets | 29/58 | €85,344 | €57,508 | -€27,836 | -32.6% |
| Stocks and contracts in progress | 3 | - | €5,905 | +€5,905 | |
| Stocks | 30/36 | - | €905 | +€905 | |
| Contracts in progress | 37 | - | €5,000 | +€5,000 | |
| Amounts receivable within one year | 40/41 | €80,744 | €50,667 | -€30,077 | -37.2% |
| Trade receivables | 40 | €25,709 | €186 | -€25,523 | -99.3% |
| Other amounts receivable | 41 | €55,035 | €50,481 | -€4,554 | -8.3% |
| Cash at bank and in hand | 54/58 | €4,600 | €936 | -€3,664 | -79.7% |
| Total equity and liabilities | 10/49 | €85,344 | €58,491 | -€26,853 | -31.5% |
| Equity | 10/15 | €43,655 | €43,923 | +€268 | +0.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €39,400 | €39,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €400 | €400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €400 | €400 | = | 0.0% |
| Distributable reserves | 133 | €39,000 | €39,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €255 | €523 | +€268 | +105% |
| Amounts payable | 17/49 | €41,689 | €14,568 | -€27,121 | -65.1% |
| Amounts payable within one year | 42/48 | €41,689 | €14,568 | -€27,121 | -65.1% |
| Trade debts | 44 | €15,125 | €4,962 | -€10,163 | -67.2% |
| Suppliers | 440/4 | €15,125 | €4,962 | -€10,163 | -67.2% |
| Advances received on contracts in progress | 46 | €5,500 | - | -€5,500 | |
| Taxes, remuneration and social security | 45 | €4,226 | €9,606 | +€5,380 | +127% |
| Taxes | 450/3 | €4,226 | €9,606 | +€5,380 | +127% |
| Other amounts payable | 47/48 | €16,838 | - | -€16,838 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,233 | €263 | -€1,970 | -88.2% |
| Other operating charges | 640/8 | €3,662 | €4,288 | +€626 | +17.1% |
| Gross operating margin | 9900 | €26,012 | €26,664 | +€652 | +2.5% |
| Operating profit (loss) | 9901 | €20,117 | €22,113 | +€1,996 | +9.9% |
| Financial income | 75/76B | - | €78 | +€78 | |
| Recurring financial income | 75 | - | €78 | +€78 | |
| Financial charges | 65/66B | €1,246 | €1,258 | +€12 | +1.0% |
| Recurring financial charges | 65 | €1,246 | €1,258 | +€12 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €18,871 | €20,933 | +€2,062 | +10.9% |
| Income taxes | 67/77 | €1,172 | €20,665 | +€19,493 | +1,663% |
| Profit (loss) for the period | 9904 | €17,699 | €268 | -€17,431 | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,699 | €268 | -€17,431 | -98.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.