Sanilan: 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.
Sanilan
Largest movements
- Receivables within one year +€40,998
up €40,998 (+123%), from €33,406 to €74,404
of which Other amounts receivable: +€43,827
- Receivables after one year -€33,867
down €33,867 (-100%), from €33,867 to €0
- Tangible fixed assets -€17,563
down €17,563 (-28.7%), from €61,219 to €43,656
of which Leasing and similar rights: -€14,674
- Cash +€4,549
up €4,549 (+34.3%), from €13,269 to €17,818
mainly Receivables after one year (+€33,867) and Depreciation (+€19,563)
- Intangible fixed assets -€2,000
down €2,000 (-100%), from €2,000 to €0
- Debts after one year -€11,280
down €11,280 (-40.6%), from €27,809 to €16,528
- Reserves +€7,036
up €7,036 (+9.2%), from €76,294 to €83,330
- Trade debts +€1,550
up €1,550 (+112%), from €1,388 to €2,938
- Gross operating margin -€28,702
down €28,702 (-47.5%), from €60,450 to €31,748
- Depreciation +€3,772
up €3,772 (+23.9%), from €15,792 to €19,563
- Financial income +€1,544
up €1,544 (+117%), from €1,324 to €2,868
- Other operating charges -€961
down €961 (-30.9%), from €3,115 to €2,154
- Staff costs -€905
down €905 (-100%), from €905 to €0
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 | €145,142 | €140,856 | -€4,286 | -3.0% |
| Fixed assets | 21/28 | €63,219 | €43,656 | -€19,563 | -30.9% |
| Intangible fixed assets | 21 | €2,000 | €0 | -€2,000 | -100% |
| Tangible fixed assets | 22/27 | €61,219 | €43,656 | -€17,563 | -28.7% |
| Land and buildings | 22 | €3,350 | €3,000 | -€350 | -10.4% |
| Plant, machinery and equipment | 23 | €3,013 | €2,122 | -€892 | -29.6% |
| Furniture and vehicles | 24 | €7,080 | €5,432 | -€1,648 | -23.3% |
| Leasing and similar rights | 25 | €47,777 | €33,102 | -€14,674 | -30.7% |
| Current assets | 29/58 | €81,923 | €97,200 | +€15,277 | +18.6% |
| Amounts receivable after more than one year | 29 | €33,867 | €0 | -€33,867 | -100% |
| Other amounts receivable | 291 | €33,867 | €0 | -€33,867 | -100% |
| Stocks and contracts in progress | 3 | - | €1,944 | +€1,944 | |
| Stocks | 30/36 | - | €1,944 | +€1,944 | |
| Amounts receivable within one year | 40/41 | €33,406 | €74,404 | +€40,998 | +123% |
| Trade receivables | 40 | €11,813 | €8,984 | -€2,829 | -23.9% |
| Other amounts receivable | 41 | €21,592 | €65,419 | +€43,827 | +203% |
| Cash at bank and in hand | 54/58 | €13,269 | €17,818 | +€4,549 | +34.3% |
| Deferred charges and accrued income | 490/1 | €1,382 | €3,035 | +€1,653 | +120% |
| Total equity and liabilities | 10/49 | €145,142 | €140,856 | -€4,286 | -3.0% |
| Equity | 10/15 | €94,894 | €101,930 | +€7,036 | +7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,294 | €83,330 | +€7,036 | +9.2% |
| Distributable reserves | 133 | €76,294 | €83,330 | +€7,036 | +9.2% |
| Amounts payable | 17/49 | €50,248 | €38,926 | -€11,322 | -22.5% |
| Amounts payable after more than one year | 17 | €27,809 | €16,528 | -€11,280 | -40.6% |
| Financial debts | 170/4 | €27,809 | €16,528 | -€11,280 | -40.6% |
| Amounts payable within one year | 42/48 | €20,440 | €20,398 | -€42 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €12,314 | €11,280 | -€1,034 | -8.4% |
| Trade debts | 44 | €1,388 | €2,938 | +€1,550 | +112% |
| Suppliers | 440/4 | €1,388 | €2,938 | +€1,550 | +112% |
| Taxes, remuneration and social security | 45 | €6,738 | €6,180 | -€558 | -8.3% |
| Taxes | 450/3 | €6,738 | €6,180 | -€558 | -8.3% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €905 | €0 | -€905 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,792 | €19,563 | +€3,772 | +23.9% |
| Other operating charges | 640/8 | €3,115 | €2,154 | -€961 | -30.9% |
| Non-recurring operating charges | 66A | €63 | €0 | -€63 | -100% |
| Gross operating margin | 9900 | €60,450 | €31,748 | -€28,702 | -47.5% |
| Operating profit (loss) | 9901 | €40,575 | €10,031 | -€30,544 | -75.3% |
| Financial income | 75/76B | €1,324 | €2,868 | +€1,544 | +117% |
| Recurring financial income | 75 | €1,324 | €2,868 | +€1,544 | +117% |
| Financial charges | 65/66B | €1,152 | €1,436 | +€284 | +24.6% |
| Recurring financial charges | 65 | €1,152 | €1,436 | +€284 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | €40,747 | €11,463 | -€29,284 | -71.9% |
| Income taxes | 67/77 | €3,638 | €4,427 | +€788 | +21.7% |
| Profit (loss) for the period | 9904 | €37,109 | €7,036 | -€30,073 | -81.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,109 | €7,036 | -€30,073 | -81.0% |
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 16 October 2026 via checked.be.