SANIMEX: what changed
What changed
SANIMEX
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
filed annual accounts (NBB)
Net result for the year
-€18,102
2024 · €1,569-€19,671
Equity
€596,206
2024 · €614,307-€18,101
Cash
€71,828
2024 · €142,943-€71,115
Balance sheet total
€1.1m
2024 · €1.3m-€205,219
Largest movements
Assets
- Cash -€71,115
down €71,115 (-49.8%), from €142,943 to €71,828
mainly Trade debts (-€133,941) and Tax, wage and social debts (-€28,230)
- Stocks and contracts -€70,270
down €70,270 (-9.4%), from €744,112 to €673,842
- Receivables within one year -€54,820
down €54,820 (-28.0%), from €195,987 to €141,167
of which Trade receivables: -€47,789
Equity and liabilities
- Trade debts -€133,941
down €133,941 (-32.9%), from €406,974 to €273,033
- Tax, wage and social debts -€28,230
down €28,230 (-50.3%), from €56,179 to €27,949
of which Taxes: -€26,880
- Profit (loss) carried forward -€18,102
down €18,102 (-5.8%), from €313,339 to €295,237
- Current portion of long-term debt -€16,427
down €16,427 (-52.8%), from €31,125 to €14,698
- Debts after one year -€13,567
down €13,567 (-51.9%), from €26,132 to €12,565
Income statement
- Gross operating margin -€66,772
down €66,772 (-15.8%), from €421,978 to €355,206
- Staff costs -€47,751
down €47,751 (-11.4%), from €420,475 to €372,724
- Financial income -€24,819
down €24,819 (-41.1%), from €60,319 to €35,500
of which Non-recurring financial income: -€44,925
- Other operating charges -€19,348
down €19,348 (-83.6%), from €23,136 to €3,788
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
€1,569
Gross operating margin
-€66,772
Staff costs
+€47,751
Depreciation
+€3,185
Other operating charges
+€19,348
Financial income
-€24,819
Financial charges
-€936
Taxes
+€2,571
Result 2025
-€18,102
raises the resultlowers the result
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
-€18,421
Investment
-€22,700
Financing
-€29,993
Cash 2024
€142,943
From operations (derived)
-€18,421
Net result for the year
-€18,102
Depreciation
+€31,714
Stocks and contracts
+€70,270
Receivables within one year
+€54,820
Deferred charges and accrued income
+€0
Trade debts
-€133,941
Tax, wage and social debts
-€28,230
Advances received
-€2,000
Other debts
+€7,048
Investment (derived)
-€22,700
Investment in fixed assets (net)
-€22,700
Financing
-€29,993
Debts after one year
-€13,567
Current portion of long-term debt
-€16,427
Contributions, distributions and other
+€1
Cash 2025
€71,828
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,274,983 | €1,069,764 | -€205,219 | -16.1% |
| Fixed assets | 21/28 | €187,596 | €178,582 | -€9,014 | -4.8% |
| Tangible fixed assets | 22/27 | €151,436 | €142,422 | -€9,014 | -6.0% |
| Plant, machinery and equipment | 23 | €735 | €18,200 | +€17,465 | +2,377% |
| Furniture and vehicles | 24 | €2,120 | - | -€2,120 | |
| Other tangible fixed assets | 26 | €148,581 | €124,222 | -€24,359 | -16.4% |
| Financial fixed assets | 28 | €36,160 | €36,160 | = | 0.0% |
| Current assets | 29/58 | €1,087,387 | €891,182 | -€196,205 | -18.0% |
| Stocks and contracts in progress | 3 | €744,112 | €673,842 | -€70,270 | -9.4% |
| Stocks | 30/36 | €744,112 | €673,842 | -€70,270 | -9.4% |
| Amounts receivable within one year | 40/41 | €195,987 | €141,167 | -€54,820 | -28.0% |
| Trade receivables | 40 | €83,556 | €35,767 | -€47,789 | -57.2% |
| Other amounts receivable | 41 | €112,431 | €105,400 | -€7,031 | -6.3% |
| Cash at bank and in hand | 54/58 | €142,943 | €71,828 | -€71,115 | -49.8% |
| Deferred charges and accrued income | 490/1 | €4,345 | €4,345 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €1,274,983 | €1,069,764 | -€205,219 | -16.1% |
| Equity | 10/15 | €614,307 | €596,206 | -€18,101 | -2.9% |
| Contributions | 10/11 | €273,947 | €273,947 | +€0 | 0.0% |
| Capital | 10 | €273,947 | €273,947 | +€0 | 0.0% |
| Issued capital | 100 | €273,947 | €273,947 | +€0 | 0.0% |
| Reserves | 13 | €27,022 | €27,022 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €27,022 | €27,022 | +€0 | 0.0% |
| Legal reserve | 130 | €27,022 | €27,022 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €313,339 | €295,237 | -€18,102 | -5.8% |
| Amounts payable | 17/49 | €660,675 | €473,558 | -€187,117 | -28.3% |
| Amounts payable after more than one year | 17 | €26,132 | €12,565 | -€13,567 | -51.9% |
| Financial debts | 170/4 | €26,132 | €12,565 | -€13,567 | -51.9% |
| Amounts payable within one year | 42/48 | €634,543 | €460,993 | -€173,550 | -27.4% |
| Current portion of amounts payable after more than one year | 42 | €31,125 | €14,698 | -€16,427 | -52.8% |
| Trade debts | 44 | €406,974 | €273,033 | -€133,941 | -32.9% |
| Suppliers | 440/4 | €406,974 | €273,033 | -€133,941 | -32.9% |
| Advances received on contracts in progress | 46 | €97,882 | €95,882 | -€2,000 | -2.0% |
| Taxes, remuneration and social security | 45 | €56,179 | €27,949 | -€28,230 | -50.3% |
| Taxes | 450/3 | €45,577 | €18,697 | -€26,880 | -59.0% |
| Remuneration and social security | 454/9 | €10,602 | €9,252 | -€1,350 | -12.7% |
| Other amounts payable | 47/48 | €42,383 | €49,431 | +€7,048 | +16.6% |
| Remuneration, social security and pensions | 62 | €420,475 | €372,724 | -€47,751 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,899 | €31,714 | -€3,185 | -9.1% |
| Other operating charges | 640/8 | €23,136 | €3,788 | -€19,348 | -83.6% |
| Gross operating margin | 9900 | €421,978 | €355,206 | -€66,772 | -15.8% |
| Operating profit (loss) | 9901 | -€56,533 | -€53,020 | +€3,513 | +6.2% |
| Financial income | 75/76B | €60,319 | €35,500 | -€24,819 | -41.1% |
| Recurring financial income | 75 | €12,394 | €32,500 | +€20,106 | +162% |
| Non-recurring financial income | 76B | €47,925 | €3,000 | -€44,925 | -93.7% |
| Financial charges | 65/66B | -€354 | €582 | +€936 | |
| Recurring financial charges | 65 | -€354 | €582 | +€936 | |
| Profit (loss) for the period before taxes | 9903 | €4,140 | -€18,102 | -€22,242 | |
| Income taxes | 67/77 | €2,571 | - | -€2,571 | |
| Profit (loss) for the period | 9904 | €1,569 | -€18,102 | -€19,671 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,569 | -€18,102 | -€19,671 |
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 1 November 2026 via checked.be.