SANIDECH: 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.
SANIDECH
Largest movements
- Cash +€10,328
up €10,328 (+146.7%), from €7,040 to €17,368
mainly Net result for the year (+€5,315) and Receivables within one year (+€3,768)
- Receivables within one year -€3,768
down €3,768 (-50.4%), from €7,483 to €3,715
of which Trade receivables: -€2,504
- Tangible fixed assets -€229
down €229 (-84.8%), from €270 to €41
of which Furniture and vehicles: -€160
- Profit (loss) carried forward +€5,315
up €5,315, from -€206 to €5,109
- Tax, wage and social debts +€1,164
up €1,164 (+130.3%), from €893 to €2,057
of which Taxes: +€844
- Trade debts -€397
down €397 (-39.5%), from €1,005 to €608
- Other debts +€249
up €249 (+110.7%), from €225 to €474
- Gross operating margin +€5,038
up €5,038 (+283.8%), from €1,775 to €6,813
- Financial charges -€1,862
down €1,862 (-97.1%), from €1,918 to €56
of which Non-recurring financial charges: -€1,853
- Taxes +€1,252
up €1,252 (+658.9%), from €190 to €1,442
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 | €15,117 | €21,448 | +€6,331 | +41.9% |
| Fixed assets | 21/28 | €518 | €289 | -€229 | -44.2% |
| Tangible fixed assets | 22/27 | €270 | €41 | -€229 | -84.8% |
| Plant, machinery and equipment | 23 | €110 | €41 | -€69 | -62.7% |
| Furniture and vehicles | 24 | €160 | - | -€160 | |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €14,599 | €21,159 | +€6,560 | +44.9% |
| Amounts receivable within one year | 40/41 | €7,483 | €3,715 | -€3,768 | -50.4% |
| Trade receivables | 40 | €4,112 | €1,608 | -€2,504 | -60.9% |
| Other amounts receivable | 41 | €3,371 | €2,107 | -€1,264 | -37.5% |
| Cash at bank and in hand | 54/58 | €7,040 | €17,368 | +€10,328 | +146.7% |
| Deferred charges and accrued income | 490/1 | €76 | €76 | = | 0.0% |
| Total equity and liabilities | 10/49 | €15,117 | €21,448 | +€6,331 | +41.9% |
| Equity | 10/15 | €12,954 | €18,269 | +€5,315 | +41.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,960 | €6,960 | = | 0.0% |
| Distributable reserves | 133 | €6,960 | €6,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€206 | €5,109 | +€5,315 | |
| Amounts payable | 17/49 | €2,163 | €3,179 | +€1,016 | +47.0% |
| Amounts payable within one year | 42/48 | €2,123 | €3,139 | +€1,016 | +47.9% |
| Trade debts | 44 | €1,005 | €608 | -€397 | -39.5% |
| Suppliers | 440/4 | €1,005 | €608 | -€397 | -39.5% |
| Taxes, remuneration and social security | 45 | €893 | €2,057 | +€1,164 | +130.3% |
| Taxes | 450/3 | €893 | €1,737 | +€844 | +94.5% |
| Remuneration and social security | 454/9 | - | €320 | +€320 | |
| Other amounts payable | 47/48 | €225 | €474 | +€249 | +110.7% |
| Accrued charges and deferred income | 492/3 | €40 | €40 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €260 | €229 | -€31 | -11.9% |
| Gross operating margin | 9900 | €1,775 | €6,813 | +€5,038 | +283.8% |
| Operating profit (loss) | 9901 | €1,515 | €6,584 | +€5,069 | +334.6% |
| Financial income | 75/76B | €167 | €229 | +€62 | +37.1% |
| Recurring financial income | 75 | €167 | €229 | +€62 | +37.1% |
| Financial charges | 65/66B | €1,918 | €56 | -€1,862 | -97.1% |
| Recurring financial charges | 65 | €65 | €56 | -€9 | -13.8% |
| Non-recurring financial charges | 66B | €1,853 | - | -€1,853 | |
| Profit (loss) for the period before taxes | 9903 | -€236 | €6,757 | +€6,993 | |
| Income taxes | 67/77 | €190 | €1,442 | +€1,252 | +658.9% |
| Profit (loss) for the period | 9904 | -€426 | €5,315 | +€5,741 | |
| Profit (loss) for the period to be appropriated | 9905 | -€426 | €5,315 | +€5,741 |
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.