SANIMMO: what changed
Two fiscal 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.
SANIMMO
Largest movements
- Receivables within one year +€98,400
up €98,400 (+1349.0%), from €7,294 to €105,694
of which Trade receivables: +€98,400
- Cash -€79,779
down €79,779 (-41.0%), from €194,439 to €114,660
mainly Receivables within one year (-€98,400) and Current investments (-€50,000)
- Current investments +€50,000
new in 2025: €50,000
- Tangible fixed assets -€11,063
down €11,063 (-1.5%), from €724,992 to €713,929
- Reserves +€75,987
up €75,987 (+11.8%), from €642,807 to €718,794
of which Distributable reserves: +€75,987
- Accrued charges and deferred income -€21,126
no longer reported in 2025 (was €21,126)
- Gross operating margin +€31,832
up €31,832 (+31.9%), from €99,646 to €131,478
- Taxes +€7,842
up €7,842 (+44.3%), from €17,706 to €25,548
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.
Cash bridge derived
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 | €945,863 | €1,003,420 | +€57,557 | +6.1% |
| Fixed assets | 21/28 | €744,130 | €733,066 | -€11,063 | -1.5% |
| Tangible fixed assets | 22/27 | €724,992 | €713,929 | -€11,063 | -1.5% |
| Land and buildings | 22 | €724,992 | €713,929 | -€11,063 | -1.5% |
| Financial fixed assets | 28 | €19,137 | €19,137 | = | 0.0% |
| Current assets | 29/58 | €201,733 | €270,354 | +€68,621 | +34.0% |
| Amounts receivable within one year | 40/41 | €7,294 | €105,694 | +€98,400 | +1349.0% |
| Trade receivables | 40 | - | €98,400 | +€98,400 | |
| Other amounts receivable | 41 | €7,294 | €7,294 | = | 0.0% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €194,439 | €114,660 | -€79,779 | -41.0% |
| Total equity and liabilities | 10/49 | €945,863 | €1,003,420 | +€57,557 | +6.1% |
| Equity | 10/15 | €892,807 | €968,794 | +€75,987 | +8.5% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €642,807 | €718,794 | +€75,987 | +11.8% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,637 | €29,637 | = | 0.0% |
| Distributable reserves | 133 | €588,170 | €664,157 | +€75,987 | +12.9% |
| Amounts payable | 17/49 | €53,056 | €34,626 | -€18,430 | -34.7% |
| Amounts payable within one year | 42/48 | €31,930 | €34,626 | +€2,697 | +8.4% |
| Taxes, remuneration and social security | 45 | - | €548 | +€548 | |
| Taxes | 450/3 | - | €548 | +€548 | |
| Other amounts payable | 47/48 | €31,930 | €34,078 | +€2,149 | +6.7% |
| Accrued charges and deferred income | 492/3 | €21,126 | - | -€21,126 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,512 | €11,063 | -€449 | -3.9% |
| Other operating charges | 640/8 | €18,255 | €18,826 | +€572 | +3.1% |
| Gross operating margin | 9900 | €99,646 | €131,478 | +€31,832 | +31.9% |
| Operating profit (loss) | 9901 | €69,879 | €101,589 | +€31,710 | +45.4% |
| Financial charges | 65/66B | €53 | €54 | +€0 | +0.3% |
| Recurring financial charges | 65 | €53 | €54 | +€0 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €69,825 | €101,535 | +€31,710 | +45.4% |
| Income taxes | 67/77 | €17,706 | €25,548 | +€7,842 | +44.3% |
| Profit (loss) for the period | 9904 | €52,120 | €75,987 | +€23,867 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €52,120 | €75,987 | +€23,867 | +45.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.