SANILEYS: what changed
What changed
SANILEYS
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
-€14,583
2024 · €9,998-€24,581
Equity
€9,676
2024 · €24,259-€14,583
Cash
€6,504
2024 · €25,970-€19,466
Balance sheet total
€44,645
2024 · €112,125-€67,480
Largest movements
Assets
- Receivables within one year -€47,405
down €47,405 (-65.5%), from €72,404 to €24,999
of which Trade receivables: -€47,805
- Cash -€19,466
down €19,466 (-75.0%), from €25,970 to €6,504
mainly Advances received (-€41,695) and Net result for the year (-€14,583)
Equity and liabilities
- Advances received -€41,695
down €41,695 (-73.0%), from €57,094 to €15,399
- Profit (loss) carried forward -€14,583
down €14,583 (-90.0%), from €16,199 to €1,616
- Trade debts -€10,039
down €10,039 (-45.0%), from €22,286 to €12,247
Income statement
- Gross operating margin -€24,533
down €24,533, from €13,349 to -€11,184
- Financial charges -€282
down €282 (-38.7%), from €729 to €447
- Taxes +€247
up €247 (+82.3%), from €300 to €547
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.
Result 2024
€9,998
Gross operating margin
-€24,533
Depreciation
+€32
Other operating charges
-€107
Other operating items
+€15
Financial income
-€23
Financial charges
+€282
Taxes
-€247
Result 2025
-€14,583
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€18,543
Investment
-€923
Financing
€0
Cash 2024
€25,970
From operations (derived)
-€18,543
Net result for the year
-€14,583
Depreciation
+€1,804
Receivables within one year
+€47,405
Deferred charges and accrued income
-€272
Trade debts
-€10,039
Tax, wage and social debts
-€319
Advances received
-€41,695
Other debts
-€844
Investment (derived)
-€923
Investment in fixed assets (net)
-€923
Cash 2025
€6,504
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,125 | €44,645 | -€67,480 | -60.2% |
| Fixed assets | 21/28 | €4,269 | €3,388 | -€881 | -20.6% |
| Tangible fixed assets | 22/27 | €4,269 | €3,388 | -€881 | -20.6% |
| Plant, machinery and equipment | 23 | €1,663 | €839 | -€824 | -49.5% |
| Furniture and vehicles | 24 | €2,606 | €2,549 | -€57 | -2.2% |
| Current assets | 29/58 | €107,856 | €41,257 | -€66,599 | -61.7% |
| Stocks and contracts in progress | 3 | €8,732 | €8,732 | = | 0.0% |
| Stocks | 30/36 | €8,732 | €8,732 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €72,404 | €24,999 | -€47,405 | -65.5% |
| Trade receivables | 40 | €71,008 | €23,203 | -€47,805 | -67.3% |
| Other amounts receivable | 41 | €1,396 | €1,796 | +€400 | +28.7% |
| Cash at bank and in hand | 54/58 | €25,970 | €6,504 | -€19,466 | -75.0% |
| Deferred charges and accrued income | 490/1 | €750 | €1,022 | +€272 | +36.3% |
| Total equity and liabilities | 10/49 | €112,125 | €44,645 | -€67,480 | -60.2% |
| Equity | 10/15 | €24,259 | €9,676 | -€14,583 | -60.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,199 | €1,616 | -€14,583 | -90.0% |
| Amounts payable | 17/49 | €87,866 | €34,969 | -€52,897 | -60.2% |
| Amounts payable within one year | 42/48 | €87,866 | €34,969 | -€52,897 | -60.2% |
| Trade debts | 44 | €22,286 | €12,247 | -€10,039 | -45.0% |
| Suppliers | 440/4 | €22,286 | €12,247 | -€10,039 | -45.0% |
| Advances received on contracts in progress | 46 | €57,094 | €15,399 | -€41,695 | -73.0% |
| Taxes, remuneration and social security | 45 | €6,240 | €5,921 | -€319 | -5.1% |
| Taxes | 450/3 | €3,140 | €3,280 | +€140 | +4.5% |
| Remuneration and social security | 454/9 | €3,100 | €2,641 | -€459 | -14.8% |
| Other amounts payable | 47/48 | €2,246 | €1,402 | -€844 | -37.6% |
| Non-recurring operating income | 76A | - | €222 | +€222 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,836 | €1,804 | -€32 | -1.7% |
| Other operating charges | 640/8 | €495 | €602 | +€107 | +21.6% |
| Non-recurring operating charges | 66A | €15 | - | -€15 | |
| Gross operating margin | 9900 | €13,349 | -€11,184 | -€24,533 | |
| Operating profit (loss) | 9901 | €11,003 | -€13,590 | -€24,593 | |
| Financial income | 75/76B | €24 | €1 | -€23 | -95.8% |
| Recurring financial income | 75 | €24 | €1 | -€23 | -95.8% |
| Financial charges | 65/66B | €729 | €447 | -€282 | -38.7% |
| Recurring financial charges | 65 | €729 | €447 | -€282 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €10,298 | -€14,036 | -€24,334 | |
| Income taxes | 67/77 | €300 | €547 | +€247 | +82.3% |
| Profit (loss) for the period | 9904 | €9,998 | -€14,583 | -€24,581 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,998 | -€14,583 | -€24,581 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.