SaniDeco: 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.
SaniDeco
Largest movements
- Receivables within one year -€820,729
down €820,729 (-33.1%), from €2.5m to €1.7m
of which Trade receivables: -€756,754
- Stocks and contracts -€360,282
down €360,282 (-34.8%), from €1.0m to €675,577
- Cash -€46,294
down €46,294 (-32.1%), from €144,423 to €98,128
mainly Trade debts (-€1.2m) and Other debts (-€217,863)
- Trade debts -€1.2m
down €1.2m (-77.0%), from €1.6m to €359,798
- Other debts -€217,863
down €217,863 (-23.9%), from €913,333 to €695,470
- Advances received +€154,464
new in 2024: €154,464
- Profit (loss) carried forward +€53,516
up €53,516 (+6.2%), from €858,417 to €911,933
- Gross operating margin +€287,101
up €287,101 (+59.6%), from €481,766 to €768,867
- Staff costs +€125,072
up €125,072 (+32.1%), from €390,082 to €515,154
- Taxes +€101,897
new in 2024: €101,897
- Other operating charges +€78,537
up €78,537 (+45258.5%), from €174 to €78,711
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.
Cash bridge derived
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 | €3,777,122 | €2,566,587 | -€1.2m | -32.0% |
| Fixed assets | 21/28 | €109,536 | €131,522 | +€21,986 | +20.1% |
| Tangible fixed assets | 22/27 | €77,182 | €67,210 | -€9,972 | -12.9% |
| Land and buildings | 22 | €17,443 | €13,955 | -€3,489 | -20.0% |
| Plant, machinery and equipment | 23 | €10,294 | €19,102 | +€8,808 | +85.6% |
| Furniture and vehicles | 24 | €11,693 | €2,380 | -€9,313 | -79.6% |
| Other tangible fixed assets | 26 | €37,751 | €31,773 | -€5,978 | -15.8% |
| Financial fixed assets | 28 | €32,354 | €64,312 | +€31,958 | +98.8% |
| Current assets | 29/58 | €3,667,586 | €2,435,065 | -€1.2m | -33.6% |
| Stocks and contracts in progress | 3 | €1,035,859 | €675,577 | -€360,282 | -34.8% |
| Stocks | 30/36 | €1,035,859 | €675,577 | -€360,282 | -34.8% |
| Amounts receivable within one year | 40/41 | €2,480,615 | €1,659,886 | -€820,729 | -33.1% |
| Trade receivables | 40 | €2,280,282 | €1,523,528 | -€756,754 | -33.2% |
| Other amounts receivable | 41 | €200,332 | €136,358 | -€63,975 | -31.9% |
| Cash at bank and in hand | 54/58 | €144,423 | €98,128 | -€46,294 | -32.1% |
| Deferred charges and accrued income | 490/1 | €6,689 | €1,474 | -€5,215 | -78.0% |
| Total equity and liabilities | 10/49 | €3,777,122 | €2,566,587 | -€1.2m | -32.0% |
| Equity | 10/15 | €878,868 | €932,384 | +€53,516 | +6.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €858,417 | €911,933 | +€53,516 | +6.2% |
| Amounts payable | 17/49 | €2,898,254 | €1,634,203 | -€1.3m | -43.6% |
| Amounts payable after more than one year | 17 | €2,197 | - | -€2,197 | |
| Financial debts | 170/4 | €2,197 | - | -€2,197 | |
| Amounts payable within one year | 42/48 | €2,896,056 | €1,634,203 | -€1.3m | -43.6% |
| Trade debts | 44 | €1,562,757 | €359,798 | -€1.2m | -77.0% |
| Suppliers | 440/4 | €1,562,757 | €359,798 | -€1.2m | -77.0% |
| Advances received on contracts in progress | 46 | - | €154,464 | +€154,464 | |
| Taxes, remuneration and social security | 45 | €419,966 | €424,471 | +€4,504 | +1.1% |
| Taxes | 450/3 | €198,722 | €231,756 | +€33,034 | +16.6% |
| Remuneration and social security | 454/9 | €221,245 | €192,715 | -€28,530 | -12.9% |
| Other amounts payable | 47/48 | €913,333 | €695,470 | -€217,863 | -23.9% |
| Remuneration, social security and pensions | 62 | €390,082 | €515,154 | +€125,072 | +32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,771 | €15,236 | -€1,535 | -9.2% |
| Other operating charges | 640/8 | €174 | €78,711 | +€78,537 | +45258.5% |
| Gross operating margin | 9900 | €481,766 | €768,867 | +€287,101 | +59.6% |
| Operating profit (loss) | 9901 | €74,739 | €159,766 | +€85,027 | +113.8% |
| Financial income | 75/76B | €11 | €773 | +€762 | +6918.5% |
| Recurring financial income | 75 | €11 | €773 | +€762 | +6918.5% |
| Financial charges | 65/66B | €9,254 | €5,126 | -€4,128 | -44.6% |
| Recurring financial charges | 65 | €9,254 | €5,126 | -€4,128 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | €65,496 | €155,413 | +€89,917 | +137.3% |
| Income taxes | 67/77 | - | €101,897 | +€101,897 | |
| Profit (loss) for the period | 9904 | €65,496 | €53,516 | -€11,980 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,496 | €53,516 | -€11,980 | -18.3% |
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 10 October 2026 via checked.be.