SANIDUBRU: 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.
SANIDUBRU
Largest movements
- Cash -€71,620
down €71,620 (-27.2%), from €263,173 to €191,553
mainly Contributions, distributions and other (-€80,000) and Trade debts (-€51,042)
- Financial fixed assets -€28,049
down €28,049 (-20.6%), from €136,241 to €108,191
- Receivables within one year -€23,748
down €23,748 (-7.3%), from €323,532 to €299,784
of which Other amounts receivable: -€38,272
- Stocks and contracts +€18,740
up €18,740 (+38.1%), from €49,191 to €67,931
- Trade debts -€51,042
down €51,042 (-74.8%), from €68,200 to €17,158
- Advances received -€50,248
down €50,248 (-86.2%), from €58,318 to €8,070
- Profit (loss) carried forward +€45,588
up €45,588 (+6.8%), from €674,957 to €720,545
- Tax, wage and social debts -€35,835
down €35,835 (-79.4%), from €45,121 to €9,286
of which Taxes: -€24,237
- Debts after one year -€11,999
down €11,999 (-11.4%), from €104,910 to €92,911
- Financial income -€9,930
down €9,930 (-37.6%), from €26,421 to €16,491
of which Financial income: -€6,095
- Depreciation +€7,819
up €7,819 (+19.7%), from €39,646 to €47,465
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 | €1,089,619 | €991,922 | -€97,697 | -9.0% |
| Fixed assets | 21/28 | €449,694 | €424,960 | -€24,734 | -5.5% |
| Tangible fixed assets | 22/27 | €313,453 | €316,769 | +€3,316 | +1.1% |
| Land and buildings | 22 | €252,531 | €248,708 | -€3,823 | -1.5% |
| Plant, machinery and equipment | 23 | €11,584 | €12,116 | +€532 | +4.6% |
| Furniture and vehicles | 24 | €49,338 | €55,945 | +€6,607 | +13.4% |
| Financial fixed assets | 28 | €136,241 | €108,191 | -€28,049 | -20.6% |
| Current assets | 29/58 | €639,925 | €566,962 | -€72,963 | -11.4% |
| Stocks and contracts in progress | 3 | €49,191 | €67,931 | +€18,740 | +38.1% |
| Stocks | 30/36 | €49,191 | €67,931 | +€18,740 | +38.1% |
| Amounts receivable within one year | 40/41 | €323,532 | €299,784 | -€23,748 | -7.3% |
| Trade receivables | 40 | €185,241 | €199,765 | +€14,524 | +7.8% |
| Other amounts receivable | 41 | €138,292 | €100,019 | -€38,272 | -27.7% |
| Cash at bank and in hand | 54/58 | €263,173 | €191,553 | -€71,620 | -27.2% |
| Deferred charges and accrued income | 490/1 | €4,029 | €7,694 | +€3,665 | +90.9% |
| Total equity and liabilities | 10/49 | €1,089,619 | €991,922 | -€97,697 | -9.0% |
| Equity | 10/15 | €695,449 | €741,037 | +€45,588 | +6.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €674,957 | €720,545 | +€45,588 | +6.8% |
| Amounts payable | 17/49 | €394,170 | €250,885 | -€143,284 | -36.4% |
| Amounts payable after more than one year | 17 | €104,910 | €92,911 | -€11,999 | -11.4% |
| Financial debts | 170/4 | €104,910 | €92,911 | -€11,999 | -11.4% |
| Amounts payable within one year | 42/48 | €279,891 | €149,561 | -€130,330 | -46.6% |
| Current portion of amounts payable after more than one year | 42 | €28,252 | €35,047 | +€6,796 | +24.1% |
| Trade debts | 44 | €68,200 | €17,158 | -€51,042 | -74.8% |
| Suppliers | 440/4 | €68,200 | €17,158 | -€51,042 | -74.8% |
| Advances received on contracts in progress | 46 | €58,318 | €8,070 | -€50,248 | -86.2% |
| Taxes, remuneration and social security | 45 | €45,121 | €9,286 | -€35,835 | -79.4% |
| Taxes | 450/3 | €24,237 | - | -€24,237 | |
| Remuneration and social security | 454/9 | €20,884 | €9,286 | -€11,599 | -55.5% |
| Other amounts payable | 47/48 | €80,000 | €80,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €9,369 | €8,413 | -€956 | -10.2% |
| Non-recurring operating income | 76A | €319 | €352 | +€33 | +10.4% |
| Remuneration, social security and pensions | 62 | €420,626 | €417,200 | -€3,427 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,646 | €47,465 | +€7,819 | +19.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€76 | - | +€76 | |
| Other operating charges | 640/8 | €10,213 | €9,633 | -€580 | -5.7% |
| Non-recurring operating charges | 66A | €819 | €633 | -€187 | -22.8% |
| Gross operating margin | 9900 | €627,258 | €630,740 | +€3,482 | +0.6% |
| Operating profit (loss) | 9901 | €156,029 | €155,810 | -€219 | -0.1% |
| Financial income | 75/76B | €26,421 | €16,491 | -€9,930 | -37.6% |
| Recurring financial income | 75 | €20,986 | €14,891 | -€6,095 | -29.0% |
| Non-recurring financial income | 76B | €5,435 | €1,600 | -€3,835 | -70.6% |
| Financial charges | 65/66B | €11,129 | €6,201 | -€4,929 | -44.3% |
| Recurring financial charges | 65 | €11,129 | €6,201 | -€4,929 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | €171,321 | €166,101 | -€5,220 | -3.0% |
| Income taxes | 67/77 | €43,793 | €40,513 | -€3,280 | -7.5% |
| Profit (loss) for the period | 9904 | €127,527 | €125,588 | -€1,940 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €127,527 | €125,588 | -€1,940 | -1.5% |
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 11 October 2026 via checked.be.