SANIDOO: 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.
SANIDOO
Largest movements
- Tangible fixed assets -€28,173
down €28,173 (-35.7%), from €79,015 to €50,842
of which Leasing and similar rights: -€16,090
- Cash -€21,948
down €21,948 (-4.6%), from €477,143 to €455,195
mainly Contributions, distributions and other (-€114,135) and Trade debts (-€14,154)
- Reserves -€32,783
down €32,783 (-5.9%), from €556,692 to €523,908
- Trade debts -€14,154
down €14,154 (-39.5%), from €35,822 to €21,668
- Gross operating margin -€66,204
down €66,204 (-30.9%), from €214,073 to €147,869
- Taxes -€22,781
down €22,781 (-40.8%), from €55,810 to €33,029
- Depreciation +€5,740
up €5,740 (+23.8%), from €24,102 to €29,841
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.
Derived cash bridge
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 | €645,376 | €597,360 | -€48,016 | -7.4% |
| Fixed assets | 21/28 | €79,015 | €50,842 | -€28,173 | -35.7% |
| Tangible fixed assets | 22/27 | €79,015 | €50,842 | -€28,173 | -35.7% |
| Plant, machinery and equipment | 23 | €1,202 | €885 | -€317 | -26.4% |
| Furniture and vehicles | 24 | €39,900 | €28,482 | -€11,417 | -28.6% |
| Leasing and similar rights | 25 | €37,038 | €20,948 | -€16,090 | -43.4% |
| Other tangible fixed assets | 26 | €876 | €527 | -€349 | -39.8% |
| Current assets | 29/58 | €566,361 | €546,517 | -€19,843 | -3.5% |
| Stocks and contracts in progress | 3 | €10,199 | €10,314 | +€115 | +1.1% |
| Stocks | 30/36 | €10,199 | €10,314 | +€115 | +1.1% |
| Amounts receivable within one year | 40/41 | €75,997 | €77,155 | +€1,157 | +1.5% |
| Trade receivables | 40 | €38,007 | €77,155 | +€39,147 | +103% |
| Other amounts receivable | 41 | €37,990 | - | -€37,990 | |
| Cash at bank and in hand | 54/58 | €477,143 | €455,195 | -€21,948 | -4.6% |
| Deferred charges and accrued income | 490/1 | €3,022 | €3,854 | +€833 | +27.6% |
| Total equity and liabilities | 10/49 | €645,376 | €597,360 | -€48,016 | -7.4% |
| Equity | 10/15 | €575,292 | €542,508 | -€32,783 | -5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €556,692 | €523,908 | -€32,783 | -5.9% |
| Distributable reserves | 133 | €556,692 | €523,908 | -€32,783 | -5.9% |
| Amounts payable | 17/49 | €70,085 | €54,851 | -€15,233 | -21.7% |
| Amounts payable after more than one year | 17 | €17,558 | €13,663 | -€3,895 | -22.2% |
| Financial debts | 170/4 | €17,558 | €13,663 | -€3,895 | -22.2% |
| Amounts payable within one year | 42/48 | €50,710 | €39,321 | -€11,389 | -22.5% |
| Current portion of amounts payable after more than one year | 42 | €3,658 | €3,895 | +€238 | +6.5% |
| Trade debts | 44 | €35,822 | €21,668 | -€14,154 | -39.5% |
| Suppliers | 440/4 | €35,822 | €21,668 | -€14,154 | -39.5% |
| Taxes, remuneration and social security | 45 | €9,565 | €10,430 | +€865 | +9.0% |
| Taxes | 450/3 | €9,565 | €10,430 | +€865 | +9.0% |
| Other amounts payable | 47/48 | €1,666 | €3,328 | +€1,662 | +99.7% |
| Accrued charges and deferred income | 492/3 | €1,816 | €1,867 | +€51 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,102 | €29,841 | +€5,740 | +23.8% |
| Other operating charges | 640/8 | €2,492 | €2,543 | +€50 | +2.0% |
| Gross operating margin | 9900 | €214,073 | €147,869 | -€66,204 | -30.9% |
| Operating profit (loss) | 9901 | €187,479 | €115,485 | -€71,994 | -38.4% |
| Financial income | 75/76B | €1,290 | €1,073 | -€216 | -16.8% |
| Recurring financial income | 75 | €1,290 | €1,073 | -€216 | -16.8% |
| Financial charges | 65/66B | €1,108 | €2,177 | +€1,069 | +96.5% |
| Recurring financial charges | 65 | €1,108 | €2,177 | +€1,069 | +96.5% |
| Profit (loss) for the period before taxes | 9903 | €187,660 | €114,381 | -€73,279 | -39.0% |
| Income taxes | 67/77 | €55,810 | €33,029 | -€22,781 | -40.8% |
| Profit (loss) for the period | 9904 | €131,851 | €81,352 | -€50,499 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €131,851 | €81,352 | -€50,499 | -38.3% |
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 20 October 2026 via checked.be.