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
- Current investments -€359,154
down €359,154 (-34.4%), from €1.0m to €684,575
- Tangible fixed assets -€36,152
down €36,152 (-2.7%), from €1.4m to €1.3m
of which Land and buildings: -€57,533
- Other debts -€358,080
down €358,080 (-46.8%), from €765,613 to €407,533
- Reserves -€31,417
down €31,417 (-4.5%), from €700,748 to €669,331
of which Tax-exempt reserves: -€18,008
- Financial income +€26,435
up €26,435 (+100.1%), from €26,412 to €52,847
- Gross operating margin -€25,357
down €25,357 (-49.1%), from €51,633 to €26,276
- Financial charges -€5,880
down €5,880 (-10.4%), from €56,304 to €50,424
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 | €2,478,466 | €2,072,183 | -€406,283 | -16.4% |
| Fixed assets | 21/28 | €1,352,270 | €1,316,118 | -€36,152 | -2.7% |
| Tangible fixed assets | 22/27 | €1,352,270 | €1,316,118 | -€36,152 | -2.7% |
| Land and buildings | 22 | €1,352,103 | €1,294,570 | -€57,533 | -4.3% |
| Furniture and vehicles | 24 | €168 | €1,048 | +€880 | +525.1% |
| Assets under construction and advance payments | 27 | - | €20,500 | +€20,500 | |
| Current assets | 29/58 | €1,126,196 | €756,065 | -€370,131 | -32.9% |
| Amounts receivable within one year | 40/41 | €11,440 | €11,796 | +€356 | +3.1% |
| Trade receivables | 40 | - | €253 | +€253 | |
| Other amounts receivable | 41 | €11,440 | €11,543 | +€103 | +0.9% |
| Current investments | 50/53 | €1,043,728 | €684,575 | -€359,154 | -34.4% |
| Cash at bank and in hand | 54/58 | €71,027 | €55,644 | -€15,383 | -21.7% |
| Deferred charges and accrued income | 490/1 | - | €4,050 | +€4,050 | |
| Total equity and liabilities | 10/49 | €2,478,466 | €2,072,183 | -€406,283 | -16.4% |
| Equity | 10/15 | €1,514,441 | €1,483,025 | -€31,417 | -2.1% |
| Contributions | 10/11 | €1,155,653 | €1,155,653 | = | 0.0% |
| Capital | 10 | €1,155,653 | €1,155,653 | = | 0.0% |
| Issued capital | 100 | €1,155,653 | €1,155,653 | = | 0.0% |
| Reserves | 13 | €700,748 | €669,331 | -€31,417 | -4.5% |
| Non-distributable reserves | 130/1 | €31,000 | €31,000 | = | 0.0% |
| Legal reserve | 130 | €31,000 | €31,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €577,173 | €559,165 | -€18,008 | -3.1% |
| Distributable reserves | 133 | €92,574 | €79,166 | -€13,409 | -14.5% |
| Profit (loss) carried forward | 14 | -€341,960 | -€341,960 | = | 0.0% |
| Provisions and deferred taxes | 16 | €174,291 | €168,288 | -€6,003 | -3.4% |
| Deferred taxes | 168 | €174,291 | €168,288 | -€6,003 | -3.4% |
| Amounts payable | 17/49 | €789,734 | €420,870 | -€368,864 | -46.7% |
| Amounts payable within one year | 42/48 | €789,734 | €420,870 | -€368,864 | -46.7% |
| Current portion of amounts payable after more than one year | 42 | €5,200 | €0 | -€5,200 | -100.0% |
| Trade debts | 44 | €126 | €0 | -€126 | -100.0% |
| Suppliers | 440/4 | €126 | €0 | -€126 | -100.0% |
| Taxes, remuneration and social security | 45 | €18,794 | €13,337 | -€5,458 | -29.0% |
| Taxes | 450/3 | €18,794 | €13,337 | -€5,458 | -29.0% |
| Other amounts payable | 47/48 | €765,613 | €407,533 | -€358,080 | -46.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,976 | €59,015 | +€40 | +0.1% |
| Other operating charges | 640/8 | €7,142 | €7,103 | -€39 | -0.5% |
| Gross operating margin | 9900 | €51,633 | €26,276 | -€25,357 | -49.1% |
| Operating profit (loss) | 9901 | -€14,485 | -€39,843 | -€25,357 | -175.1% |
| Financial income | 75/76B | €26,412 | €52,847 | +€26,435 | +100.1% |
| Recurring financial income | 75 | €26,412 | €52,847 | +€26,435 | +100.1% |
| Financial charges | 65/66B | €56,304 | €50,424 | -€5,880 | -10.4% |
| Recurring financial charges | 65 | €56,304 | €50,424 | -€5,880 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | -€44,377 | -€37,420 | +€6,957 | +15.7% |
| Transfer from deferred taxes | 780 | €6,792 | €6,003 | -€790 | -11.6% |
| Profit (loss) for the period | 9904 | -€37,584 | -€31,417 | +€6,167 | +16.4% |
| Transfer from tax-exempt reserves | 789 | €20,377 | €18,008 | -€2,369 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,207 | -€13,409 | +€3,798 | +22.1% |
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.