SANIFIX: 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.
SANIFIX
Largest movements
- Stocks and contracts +€100,540
up €100,540 (+67.1%), from €149,823 to €250,363
- Cash -€83,472
down €83,472 (-96.3%), from €86,677 to €3,205
mainly Stocks and contracts (-€100,540) and Short-term financial debts (-€65,523)
- Receivables within one year -€58,069
down €58,069 (-38.7%), from €149,975 to €91,906
of which Other amounts receivable: -€43,559
- Tangible fixed assets -€10,860
down €10,860 (-19.7%), from €55,066 to €44,206
of which Furniture and vehicles: -€8,004
- Short-term financial debts -€65,523
down €65,523 (-65.5%), from €100,000 to €34,477
- Current portion of long-term debt +€20,491
up €20,491 (+328%), from €6,255 to €26,746
- Debts after one year -€18,360
down €18,360 (-9.2%), from €199,819 to €181,459
- Reserves +€15,680
up €15,680 (+22.8%), from €68,862 to €84,542
of which Distributable reserves: +€15,680
- Accrued charges and deferred income -€14,398
no longer reported in 2025 (was €14,398)
- Financial charges -€14,525
down €14,525 (-41.2%), from €35,260 to €20,735
- Gross operating margin -€11,139
down €11,139 (-17.1%), from €65,002 to €53,863
- Taxes -€5,571
down €5,571 (-47.4%), from €11,764 to €6,193
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 | €444,831 | €394,421 | -€50,410 | -11.3% |
| Fixed assets | 21/28 | €58,356 | €47,496 | -€10,860 | -18.6% |
| Tangible fixed assets | 22/27 | €55,066 | €44,206 | -€10,860 | -19.7% |
| Land and buildings | 22 | €12,621 | €11,129 | -€1,492 | -11.8% |
| Plant, machinery and equipment | 23 | €3,564 | €2,884 | -€680 | -19.1% |
| Furniture and vehicles | 24 | €33,360 | €25,356 | -€8,004 | -24.0% |
| Other tangible fixed assets | 26 | €5,521 | €4,837 | -€684 | -12.4% |
| Financial fixed assets | 28 | €3,290 | €3,290 | = | 0.0% |
| Current assets | 29/58 | €386,475 | €346,925 | -€39,550 | -10.2% |
| Stocks and contracts in progress | 3 | €149,823 | €250,363 | +€100,540 | +67.1% |
| Stocks | 30/36 | €149,823 | €250,363 | +€100,540 | +67.1% |
| Amounts receivable within one year | 40/41 | €149,975 | €91,906 | -€58,069 | -38.7% |
| Trade receivables | 40 | €45,312 | €30,802 | -€14,510 | -32.0% |
| Other amounts receivable | 41 | €104,663 | €61,104 | -€43,559 | -41.6% |
| Cash at bank and in hand | 54/58 | €86,677 | €3,205 | -€83,472 | -96.3% |
| Deferred charges and accrued income | 490/1 | - | €1,451 | +€1,451 | |
| Total equity and liabilities | 10/49 | €444,831 | €394,421 | -€50,410 | -11.3% |
| Equity | 10/15 | €87,762 | €103,442 | +€15,680 | +17.9% |
| Contributions | 10/11 | €18,900 | €18,900 | = | 0.0% |
| Reserves | 13 | €68,862 | €84,542 | +€15,680 | +22.8% |
| Tax-exempt reserves | 132 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €68,662 | €84,342 | +€15,680 | +22.8% |
| Amounts payable | 17/49 | €357,069 | €290,979 | -€66,090 | -18.5% |
| Amounts payable after more than one year | 17 | €199,819 | €181,459 | -€18,360 | -9.2% |
| Financial debts | 170/4 | €199,819 | €181,459 | -€18,360 | -9.2% |
| Amounts payable within one year | 42/48 | €142,852 | €109,520 | -€33,332 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | €6,255 | €26,746 | +€20,491 | +328% |
| Financial debts | 43 | €100,000 | €34,477 | -€65,523 | -65.5% |
| Credit institutions | 430/8 | €100,000 | €34,477 | -€65,523 | -65.5% |
| Trade debts | 44 | €30,184 | €35,695 | +€5,511 | +18.3% |
| Suppliers | 440/4 | €30,184 | €35,695 | +€5,511 | +18.3% |
| Taxes, remuneration and social security | 45 | €6,413 | €12,602 | +€6,189 | +96.5% |
| Taxes | 450/3 | €6,413 | €8,602 | +€2,189 | +34.1% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Accrued charges and deferred income | 492/3 | €14,398 | - | -€14,398 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,860 | €10,860 | = | 0.0% |
| Other operating charges | 640/8 | €1,336 | €1,063 | -€273 | -20.4% |
| Gross operating margin | 9900 | €65,002 | €53,863 | -€11,139 | -17.1% |
| Operating profit (loss) | 9901 | €52,806 | €41,940 | -€10,866 | -20.6% |
| Financial income | 75/76B | €67 | €668 | +€601 | +897% |
| Recurring financial income | 75 | €67 | €668 | +€601 | +897% |
| Financial charges | 65/66B | €35,260 | €20,735 | -€14,525 | -41.2% |
| Recurring financial charges | 65 | €35,260 | €20,735 | -€14,525 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €17,613 | €21,873 | +€4,260 | +24.2% |
| Income taxes | 67/77 | €11,764 | €6,193 | -€5,571 | -47.4% |
| Profit (loss) for the period | 9904 | €5,849 | €15,680 | +€9,831 | +168% |
| Profit (loss) for the period to be appropriated | 9905 | €5,849 | €15,680 | +€9,831 | +168% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.