SANILIGHT SYSTEMS: 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.
SANILIGHT SYSTEMS
Largest movements
- Receivables after one year -€38,259
down €38,259 (-100%), from €38,259 to €0
- Cash +€32,053
up €32,053 (+690%), from €4,647 to €36,700
mainly Receivables after one year (+€38,259) and Trade debts (+€21,501)
- Deferred charges and accrued income +€17,652
new in 2025: €17,652
- Receivables within one year +€4,354
up €4,354 (+2,668%), from €163 to €4,517
of which Other amounts receivable: +€4,517
- Intangible fixed assets -€1,249
down €1,249 (-100%), from €1,249 to €0
- Trade debts +€21,501
up €21,501 (+2,392%), from €899 to €22,399
- Reserves -€9,500
down €9,500 (-83.6%), from €11,360 to €1,860
of which Tax-exempt reserves: -€9,500
- Profit (loss) carried forward +€1,512
up €1,512 (+6.1%), from €24,684 to €26,196
- Gross operating margin -€4,044
down €4,044 (-267%), from -€1,515 to -€5,559
- Depreciation -€287
down €287 (-19.4%), from €1,476 to €1,189
- Other operating charges -€109
down €109 (-17.5%), from €622 to €513
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 | €44,907 | €58,870 | +€13,963 | +31.1% |
| Fixed assets | 21/28 | €1,837 | €0 | -€1,837 | -100% |
| Intangible fixed assets | 21 | €1,249 | €0 | -€1,249 | -100% |
| Tangible fixed assets | 22/27 | €588 | €0 | -€588 | -100% |
| Furniture and vehicles | 24 | €2 | €0 | -€2 | -100% |
| Other tangible fixed assets | 26 | €586 | €0 | -€586 | -100% |
| Current assets | 29/58 | €43,070 | €58,870 | +€15,800 | +36.7% |
| Amounts receivable after more than one year | 29 | €38,259 | €0 | -€38,259 | -100% |
| Other amounts receivable | 291 | €38,259 | €0 | -€38,259 | -100% |
| Amounts receivable within one year | 40/41 | €163 | €4,517 | +€4,354 | +2,668% |
| Trade receivables | 40 | €163 | €0 | -€163 | -100% |
| Other amounts receivable | 41 | - | €4,517 | +€4,517 | |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,647 | €36,700 | +€32,053 | +690% |
| Deferred charges and accrued income | 490/1 | - | €17,652 | +€17,652 | |
| Total equity and liabilities | 10/49 | €44,907 | €58,870 | +€13,963 | +31.1% |
| Equity | 10/15 | €42,244 | €34,256 | -€7,988 | -18.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,360 | €1,860 | -€9,500 | -83.6% |
| Tax-exempt reserves | 132 | €9,500 | €0 | -€9,500 | -100% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,684 | €26,196 | +€1,512 | +6.1% |
| Amounts payable | 17/49 | €2,663 | €24,613 | +€21,951 | +824% |
| Amounts payable within one year | 42/48 | €2,663 | €24,613 | +€21,951 | +824% |
| Trade debts | 44 | €899 | €22,399 | +€21,501 | +2,392% |
| Suppliers | 440/4 | €899 | €22,399 | +€21,501 | +2,392% |
| Other amounts payable | 47/48 | €1,764 | €2,214 | +€450 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,476 | €1,189 | -€287 | -19.4% |
| Other operating charges | 640/8 | €622 | €513 | -€109 | -17.5% |
| Non-recurring operating charges | 66A | - | €648 | +€648 | |
| Gross operating margin | 9900 | -€1,515 | -€5,559 | -€4,044 | -267% |
| Operating profit (loss) | 9901 | -€3,612 | -€7,909 | -€4,297 | -119% |
| Financial charges | 65/66B | €59 | €79 | +€20 | +34.9% |
| Recurring financial charges | 65 | €59 | €79 | +€20 | +34.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,671 | -€7,988 | -€4,317 | -118% |
| Profit (loss) for the period | 9904 | -€3,671 | -€7,988 | -€4,317 | -118% |
| Transfer from tax-exempt reserves | 789 | - | €9,500 | +€9,500 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,671 | €1,512 | +€5,183 |
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 19 October 2026 via checked.be.