SANICTECH: 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.
SANICTECH
Largest movements
- Receivables within one year +€2.7m
up €2.7m (+337.1%), from €804,359 to €3.5m
of which Trade receivables: +€2.7m
- Stocks and contracts +€251,251
up €251,251 (+7.8%), from €3.2m to €3.5m
- Advances received +€3.2m
new in 2025: €3.2m
- Accrued charges and deferred income +€677,774
new in 2025: €677,774
- Other debts -€266,291
down €266,291 (-10.5%), from €2.5m to €2.3m
- Tax, wage and social debts -€258,702
down €258,702 (-57.9%), from €447,112 to €188,410
- Debts after one year -€198,291
no longer reported in 2025 (was €198,291)
- Gross operating margin +€143,865
up €143,865, from -€53,328 to €90,537
- Other operating charges +€21,994
up €21,994 (+1093.7%), from €2,011 to €24,005
- Financial charges -€3,955
down €3,955 (-7.4%), from €53,097 to €49,142
- Financial income -€1,682
down €1,682 (-86.0%), from €1,956 to €274
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 | €4,126,997 | €7,131,074 | +€3.0m | +72.8% |
| Fixed assets | 21/28 | €8,781 | €7,305 | -€1,475 | -16.8% |
| Tangible fixed assets | 22/27 | €8,781 | €7,305 | -€1,475 | -16.8% |
| Furniture and vehicles | 24 | €8,781 | €7,305 | -€1,475 | -16.8% |
| Current assets | 29/58 | €4,118,216 | €7,123,769 | +€3.0m | +73.0% |
| Stocks and contracts in progress | 3 | €3,228,890 | €3,480,142 | +€251,251 | +7.8% |
| Stocks | 30/36 | €3,228,890 | €3,480,142 | +€251,251 | +7.8% |
| Amounts receivable within one year | 40/41 | €804,359 | €3,515,705 | +€2.7m | +337.1% |
| Trade receivables | 40 | €389,860 | €3,041,070 | +€2.7m | +680.0% |
| Other amounts receivable | 41 | €414,499 | €474,635 | +€60,136 | +14.5% |
| Current investments | 50/53 | €39,677 | €39,677 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €45,291 | €88,098 | +€42,808 | +94.5% |
| Deferred charges and accrued income | 490/1 | - | €147 | +€147 | |
| Total equity and liabilities | 10/49 | €4,126,997 | €7,131,074 | +€3.0m | +72.8% |
| Equity | 10/15 | €214,907 | €231,020 | +€16,113 | +7.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €196,307 | €212,420 | +€16,113 | +8.2% |
| Distributable reserves | 133 | €196,307 | €212,420 | +€16,113 | +8.2% |
| Amounts payable | 17/49 | €3,912,090 | €6,900,054 | +€3.0m | +76.4% |
| Amounts payable after more than one year | 17 | €198,291 | - | -€198,291 | |
| Other amounts payable | 178/9 | €198,291 | - | -€198,291 | |
| Amounts payable within one year | 42/48 | €3,713,799 | €6,222,280 | +€2.5m | +67.5% |
| Financial debts | 43 | €427,500 | €427,500 | = | 0.0% |
| Credit institutions | 430/8 | €427,500 | €427,500 | = | 0.0% |
| Trade debts | 44 | €297,928 | €116,499 | -€181,429 | -60.9% |
| Suppliers | 440/4 | €297,928 | €116,499 | -€181,429 | -60.9% |
| Advances received on contracts in progress | 46 | - | €3,214,904 | +€3.2m | |
| Taxes, remuneration and social security | 45 | €447,112 | €188,410 | -€258,702 | -57.9% |
| Taxes | 450/3 | €447,112 | €188,410 | -€258,702 | -57.9% |
| Other amounts payable | 47/48 | €2,541,259 | €2,274,968 | -€266,291 | -10.5% |
| Accrued charges and deferred income | 492/3 | - | €677,774 | +€677,774 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,037 | €1,475 | +€438 | +42.3% |
| Other operating charges | 640/8 | €2,011 | €24,005 | +€21,994 | +1093.7% |
| Gross operating margin | 9900 | -€53,328 | €90,537 | +€143,865 | |
| Operating profit (loss) | 9901 | -€56,376 | €65,056 | +€121,432 | |
| Financial income | 75/76B | €1,956 | €274 | -€1,682 | -86.0% |
| Recurring financial income | 75 | €1,956 | €274 | -€1,682 | -86.0% |
| Financial charges | 65/66B | €53,097 | €49,142 | -€3,955 | -7.4% |
| Recurring financial charges | 65 | €53,097 | €49,142 | -€3,955 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | -€107,517 | €16,188 | +€123,705 | |
| Income taxes | 67/77 | €79 | €75 | -€4 | -5.1% |
| Profit (loss) for the period | 9904 | -€107,596 | €16,113 | +€123,709 | |
| Profit (loss) for the period to be appropriated | 9905 | -€107,596 | €16,113 | +€123,709 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.