SANIPACKAGING: 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.
SANIPACKAGING
Largest movements
- Cash +€29,712
up €29,712 (+198.3%), from €14,982 to €44,694
mainly Receivables within one year (+€29,579) and Stocks and contracts (+€7,023)
- Receivables within one year -€29,579
down €29,579 (-74.1%), from €39,928 to €10,349
of which Trade receivables: -€29,597
- Stocks and contracts -€7,023
down €7,023 (-30.0%), from €23,411 to €16,388
- Tangible fixed assets +€1,007
new in 2025: €1,007
- Other debts -€15,992
down €15,992 (-46.4%), from €34,470 to €18,478
- Trade debts +€4,423
up €4,423 (+9.5%), from €46,747 to €51,169
- Profit (loss) carried forward +€3,358
up €3,358 (+53.6%), from -€6,270 to -€2,912
- Tax, wage and social debts +€2,328
up €2,328 (+99.2%), from €2,347 to €4,675
- Depreciation -€4,091
down €4,091 (-98.3%), from €4,161 to €70
- Gross operating margin -€1,992
down €1,992 (-23.6%), from €8,441 to €6,449
- Financial charges -€1,849
down €1,849 (-69.3%), from €2,667 to €818
- Taxes -€571
down €571 (-40.6%), from €1,406 to €835
- Other operating charges +€92
up €92 (+7.1%), from €1,293 to €1,385
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 | €78,321 | €72,438 | -€5,884 | -7.5% |
| Fixed assets | 21/28 | - | €1,007 | +€1,007 | |
| Tangible fixed assets | 22/27 | - | €1,007 | +€1,007 | |
| Furniture and vehicles | 24 | - | €1,007 | +€1,007 | |
| Current assets | 29/58 | €78,321 | €71,431 | -€6,890 | -8.8% |
| Stocks and contracts in progress | 3 | €23,411 | €16,388 | -€7,023 | -30.0% |
| Stocks | 30/36 | €23,411 | €16,388 | -€7,023 | -30.0% |
| Amounts receivable within one year | 40/41 | €39,928 | €10,349 | -€29,579 | -74.1% |
| Trade receivables | 40 | €39,891 | €10,294 | -€29,597 | -74.2% |
| Other amounts receivable | 41 | €37 | €55 | +€18 | +46.7% |
| Cash at bank and in hand | 54/58 | €14,982 | €44,694 | +€29,712 | +198.3% |
| Total equity and liabilities | 10/49 | €78,321 | €72,438 | -€5,884 | -7.5% |
| Equity | 10/15 | -€5,242 | -€1,884 | +€3,358 | +64.1% |
| Reserves | 13 | €1,028 | €1,028 | = | 0.0% |
| Distributable reserves | 133 | €1,028 | €1,028 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,270 | -€2,912 | +€3,358 | +53.6% |
| Amounts payable | 17/49 | €83,563 | €74,322 | -€9,242 | -11.1% |
| Amounts payable within one year | 42/48 | €83,563 | €74,322 | -€9,242 | -11.1% |
| Trade debts | 44 | €46,747 | €51,169 | +€4,423 | +9.5% |
| Suppliers | 440/4 | €46,747 | €51,169 | +€4,423 | +9.5% |
| Taxes, remuneration and social security | 45 | €2,347 | €4,675 | +€2,328 | +99.2% |
| Taxes | 450/3 | €2,347 | €4,675 | +€2,328 | +99.2% |
| Other amounts payable | 47/48 | €34,470 | €18,478 | -€15,992 | -46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,161 | €70 | -€4,091 | -98.3% |
| Other operating charges | 640/8 | €1,293 | €1,385 | +€92 | +7.1% |
| Gross operating margin | 9900 | €8,441 | €6,449 | -€1,992 | -23.6% |
| Operating profit (loss) | 9901 | €2,987 | €4,994 | +€2,007 | +67.2% |
| Financial income | 75/76B | €16 | €16 | +€0 | +1.6% |
| Recurring financial income | 75 | €16 | €16 | +€0 | +1.6% |
| Financial charges | 65/66B | €2,667 | €818 | -€1,849 | -69.3% |
| Recurring financial charges | 65 | €2,667 | €818 | -€1,849 | -69.3% |
| Profit (loss) for the period before taxes | 9903 | €336 | €4,192 | +€3,857 | +1148.6% |
| Income taxes | 67/77 | €1,406 | €835 | -€571 | -40.6% |
| Profit (loss) for the period | 9904 | -€1,070 | €3,358 | +€4,427 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,070 | €3,358 | +€4,427 |
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 4 October 2026 via checked.be.