SANIMO: 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.
SANIMO
Largest movements
- Tangible fixed assets +€28,061
up €28,061 (+163.1%), from €17,204 to €45,264
of which Leasing and similar rights: +€29,962
- Stocks and contracts +€14,400
up €14,400 (+23.6%), from €60,900 to €75,300
of which Contracts in progress: +€14,800
- Receivables within one year +€8,499
up €8,499 (+24.2%), from €35,145 to €43,644
of which Other amounts receivable: +€17,662
- Cash +€3,967
up €3,967 (+44.9%), from €8,835 to €12,802
mainly Trade debts (+€38,910) and Debts after one year (+€24,205)
- Deferred charges and accrued income +€1,993
up €1,993 (+176.8%), from €1,127 to €3,121
- Trade debts +€38,910
up €38,910 (+219.8%), from €17,699 to €56,609
- Debts after one year +€24,205
new in 2025: €24,205
- Other debts -€14,871
no longer reported in 2025 (was €14,871)
- Current portion of long-term debt +€5,751
up €5,751 (+26.1%), from €22,010 to €27,761
- Advances received -€5,400
no longer reported in 2025 (was €5,400)
- Financial charges -€12,112
down €12,112 (-59.8%), from €20,245 to €8,133
of which Non-recurring financial charges: -€12,225
- Depreciation +€5,225
up €5,225 (+137.6%), from €3,798 to €9,023
- Other operating charges +€1,258
up €1,258 (+50.5%), from €2,490 to €3,747
- Staff costs -€1,151
down €1,151 (-69.2%), from €1,663 to €512
- Gross operating margin -€1,073
down €1,073 (-3.9%), from €27,400 to €26,327
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 | €123,210 | €180,131 | +€56,921 | +46.2% |
| Fixed assets | 21/28 | €17,204 | €45,264 | +€28,061 | +163.1% |
| Tangible fixed assets | 22/27 | €17,204 | €45,264 | +€28,061 | +163.1% |
| Plant, machinery and equipment | 23 | €2,782 | €4,065 | +€1,283 | +46.1% |
| Furniture and vehicles | 24 | €14,422 | €11,237 | -€3,185 | -22.1% |
| Leasing and similar rights | 25 | - | €29,962 | +€29,962 | |
| Current assets | 29/58 | €106,007 | €134,867 | +€28,860 | +27.2% |
| Stocks and contracts in progress | 3 | €60,900 | €75,300 | +€14,400 | +23.6% |
| Stocks | 30/36 | €20,400 | €20,000 | -€400 | -2.0% |
| Contracts in progress | 37 | €40,500 | €55,300 | +€14,800 | +36.5% |
| Amounts receivable within one year | 40/41 | €35,145 | €43,644 | +€8,499 | +24.2% |
| Trade receivables | 40 | €33,993 | €24,830 | -€9,163 | -27.0% |
| Other amounts receivable | 41 | €1,152 | €18,814 | +€17,662 | +1533.7% |
| Cash at bank and in hand | 54/58 | €8,835 | €12,802 | +€3,967 | +44.9% |
| Deferred charges and accrued income | 490/1 | €1,127 | €3,121 | +€1,993 | +176.8% |
| Total equity and liabilities | 10/49 | €123,210 | €180,131 | +€56,921 | +46.2% |
| Equity | 10/15 | €60,507 | €63,480 | +€2,973 | +4.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €41,915 | €44,888 | +€2,973 | +7.1% |
| Distributable reserves | 133 | €41,915 | €44,888 | +€2,973 | +7.1% |
| Amounts payable | 17/49 | €62,703 | €116,651 | +€53,948 | +86.0% |
| Amounts payable after more than one year | 17 | - | €24,205 | +€24,205 | |
| Financial debts | 170/4 | - | €24,205 | +€24,205 | |
| Amounts payable within one year | 42/48 | €62,703 | €92,446 | +€29,743 | +47.4% |
| Current portion of amounts payable after more than one year | 42 | €22,010 | €27,761 | +€5,751 | +26.1% |
| Trade debts | 44 | €17,699 | €56,609 | +€38,910 | +219.8% |
| Suppliers | 440/4 | €17,699 | €56,609 | +€38,910 | +219.8% |
| Advances received on contracts in progress | 46 | €5,400 | - | -€5,400 | |
| Taxes, remuneration and social security | 45 | €2,724 | €8,076 | +€5,352 | +196.5% |
| Taxes | 450/3 | €2,724 | €3,376 | +€652 | +24.0% |
| Remuneration and social security | 454/9 | - | €4,700 | +€4,700 | |
| Other amounts payable | 47/48 | €14,871 | - | -€14,871 | |
| Remuneration, social security and pensions | 62 | €1,663 | €512 | -€1,151 | -69.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,798 | €9,023 | +€5,225 | +137.6% |
| Other operating charges | 640/8 | €2,490 | €3,747 | +€1,258 | +50.5% |
| Gross operating margin | 9900 | €27,400 | €26,327 | -€1,073 | -3.9% |
| Operating profit (loss) | 9901 | €19,450 | €13,045 | -€6,405 | -32.9% |
| Financial income | 75/76B | €0 | €3 | +€3 | +13750.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +13750.0% |
| Financial charges | 65/66B | €20,245 | €8,133 | -€12,112 | -59.8% |
| Recurring financial charges | 65 | €1,648 | €1,761 | +€113 | +6.9% |
| Non-recurring financial charges | 66B | €18,597 | €6,372 | -€12,225 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | -€795 | €4,915 | +€5,710 | |
| Income taxes | 67/77 | €924 | €1,943 | +€1,019 | +110.3% |
| Profit (loss) for the period | 9904 | -€1,718 | €2,973 | +€4,691 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,718 | €2,973 | +€4,691 |
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 9 October 2026 via checked.be.