Sanidro: what changed
Sanidro
Largest movements
- Receivables within one year +€81,575
up €81,575 (+39.0%), from €209,034 to €290,609
of which Trade receivables: +€59,097
- Tangible fixed assets +€41,546
up €41,546 (+54.7%), from €76,001 to €117,547
of which Furniture and vehicles: +€40,712
- Cash +€29,818
up €29,818 (+50.9%), from €58,616 to €88,434
mainly Trade debts (+€75,618) and Net result for the year (+€71,798)
- Stocks and contracts -€19,750
down €19,750 (-28.3%), from €69,750 to €50,000
- Deferred charges and accrued income +€7,731
new in 2025: €7,731
- Trade debts +€75,618
up €75,618 (+1,070%), from €7,067 to €82,685
- Reserves +€71,798
up €71,798 (+21.7%), from €330,420 to €402,217
of which Distributable reserves: +€71,798
- Tax, wage and social debts +€13,033
up €13,033 (+160%), from €8,137 to €21,170
of which Taxes: +€16,380
- Current portion of long-term debt -€12,061
down €12,061 (-43.9%), from €27,479 to €15,418
- Debts after one year -€7,467
down €7,467 (-63.4%), from €11,772 to €4,306
- Gross operating margin +€45,224
up €45,224 (+17.7%), from €255,948 to €301,173
- Depreciation -€22,536
down €22,536 (-52.6%), from €42,865 to €20,329
- Staff costs +€14,299
up €14,299 (+8.6%), from €166,941 to €181,241
- Taxes +€13,380
up €13,380 (+95.0%), from €14,090 to €27,470
- Financial income +€3,718
up €3,718 (+244%), from €1,525 to €5,243
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €413,400 | €554,321 | +€140,921 | +34.1% |
| Fixed assets | 21/28 | €76,001 | €117,547 | +€41,546 | +54.7% |
| Tangible fixed assets | 22/27 | €76,001 | €117,547 | +€41,546 | +54.7% |
| Land and buildings | 22 | €40,423 | €28,911 | -€11,512 | -28.5% |
| Plant, machinery and equipment | 23 | €2,748 | €15,094 | +€12,346 | +449% |
| Furniture and vehicles | 24 | €32,830 | €73,542 | +€40,712 | +124% |
| Current assets | 29/58 | €337,399 | €436,774 | +€99,374 | +29.5% |
| Stocks and contracts in progress | 3 | €69,750 | €50,000 | -€19,750 | -28.3% |
| Stocks | 30/36 | €69,750 | €50,000 | -€19,750 | -28.3% |
| Amounts receivable within one year | 40/41 | €209,034 | €290,609 | +€81,575 | +39.0% |
| Trade receivables | 40 | €160,127 | €219,225 | +€59,097 | +36.9% |
| Other amounts receivable | 41 | €48,906 | €71,385 | +€22,478 | +46.0% |
| Cash at bank and in hand | 54/58 | €58,616 | €88,434 | +€29,818 | +50.9% |
| Deferred charges and accrued income | 490/1 | - | €7,731 | +€7,731 | |
| Total equity and liabilities | 10/49 | €413,400 | €554,321 | +€140,921 | +34.1% |
| Equity | 10/15 | €358,944 | €430,742 | +€71,798 | +20.0% |
| Contributions | 10/11 | €28,000 | €28,000 | = | 0.0% |
| Reserves | 13 | €330,420 | €402,217 | +€71,798 | +21.7% |
| Non-distributable reserves | 130/1 | €2,800 | €2,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,800 | €2,800 | = | 0.0% |
| Distributable reserves | 133 | €327,620 | €399,417 | +€71,798 | +21.9% |
| Profit (loss) carried forward | 14 | €525 | €525 | = | 0.0% |
| Amounts payable | 17/49 | €54,456 | €123,579 | +€69,123 | +127% |
| Amounts payable after more than one year | 17 | €11,772 | €4,306 | -€7,467 | -63.4% |
| Financial debts | 170/4 | €11,772 | €4,306 | -€7,467 | -63.4% |
| Amounts payable within one year | 42/48 | €42,683 | €119,273 | +€76,590 | +179% |
| Current portion of amounts payable after more than one year | 42 | €27,479 | €15,418 | -€12,061 | -43.9% |
| Trade debts | 44 | €7,067 | €82,685 | +€75,618 | +1,070% |
| Suppliers | 440/4 | €7,067 | €82,685 | +€75,618 | +1,070% |
| Taxes, remuneration and social security | 45 | €8,137 | €21,170 | +€13,033 | +160% |
| Taxes | 450/3 | €4,790 | €21,170 | +€16,380 | +342% |
| Remuneration and social security | 454/9 | €3,347 | - | -€3,347 | |
| Remuneration, social security and pensions | 62 | €166,941 | €181,241 | +€14,299 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,865 | €20,329 | -€22,536 | -52.6% |
| Other operating charges | 640/8 | €1,929 | €2,285 | +€357 | +18.5% |
| Gross operating margin | 9900 | €255,948 | €301,173 | +€45,224 | +17.7% |
| Operating profit (loss) | 9901 | €44,214 | €97,318 | +€53,105 | +120% |
| Financial income | 75/76B | €1,525 | €5,243 | +€3,718 | +244% |
| Recurring financial income | 75 | €1,525 | €5,243 | +€3,718 | +244% |
| Financial charges | 65/66B | €2,372 | €3,293 | +€921 | +38.8% |
| Recurring financial charges | 65 | €2,372 | €3,293 | +€921 | +38.8% |
| Profit (loss) for the period before taxes | 9903 | €43,367 | €99,268 | +€55,901 | +129% |
| Income taxes | 67/77 | €14,090 | €27,470 | +€13,380 | +95.0% |
| Profit (loss) for the period | 9904 | €29,276 | €71,798 | +€42,522 | +145% |
| Profit (loss) for the period to be appropriated | 9905 | €29,276 | €71,798 | +€42,522 | +145% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.