SANIPAR: 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.
SANIPAR
Largest movements
- Financial fixed assets -€200,000
down €200,000 (-45.3%), from €441,538 to €241,538
- Receivables within one year -€21,424
down €21,424 (-51.3%), from €41,753 to €20,329
of which Trade receivables: -€21,543
- Profit (loss) carried forward -€208,016
down €208,016, from €187,375 to -€20,640
- Debts after one year -€11,312
down €11,312 (-16.2%), from €69,643 to €58,330
- Financial charges +€198,588
up €198,588 (+2,274%), from €8,735 to €207,322
of which Non-recurring financial charges: +€200,000
- Gross operating margin -€10,258
down €10,258 (-85.5%), from €12,000 to €1,743
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €600,348 | €386,744 | -€213,604 | -35.6% |
| Fixed assets | 21/28 | €558,591 | €361,937 | -€196,654 | -35.2% |
| Tangible fixed assets | 22/27 | €117,053 | €120,399 | +€3,346 | +2.9% |
| Land and buildings | 22 | €113,681 | €113,622 | -€59 | -0.1% |
| Plant, machinery and equipment | 23 | €563 | €322 | -€241 | -42.9% |
| Furniture and vehicles | 24 | €2,809 | €6,455 | +€3,646 | +130% |
| Financial fixed assets | 28 | €441,538 | €241,538 | -€200,000 | -45.3% |
| Current assets | 29/58 | €41,757 | €24,807 | -€16,950 | -40.6% |
| Amounts receivable within one year | 40/41 | €41,753 | €20,329 | -€21,424 | -51.3% |
| Trade receivables | 40 | €41,543 | €20,000 | -€21,543 | -51.9% |
| Other amounts receivable | 41 | €210 | €329 | +€119 | +56.6% |
| Cash at bank and in hand | 54/58 | €4 | €4,478 | +€4,474 | +116,215% |
| Total equity and liabilities | 10/49 | €600,348 | €386,744 | -€213,604 | -35.6% |
| Equity | 10/15 | €306,175 | €98,160 | -€208,016 | -67.9% |
| Contributions | 10/11 | €108,000 | €108,000 | = | 0.0% |
| Capital | 10 | €108,000 | €108,000 | = | 0.0% |
| Issued capital | 100 | €108,000 | €108,000 | = | 0.0% |
| Reserves | 13 | €10,800 | €10,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,800 | €10,800 | = | 0.0% |
| Legal reserve | 130 | €10,800 | €10,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €187,375 | -€20,640 | -€208,016 | |
| Amounts payable | 17/49 | €294,172 | €288,584 | -€5,588 | -1.9% |
| Amounts payable after more than one year | 17 | €69,643 | €58,330 | -€11,312 | -16.2% |
| Financial debts | 170/4 | €69,643 | €58,330 | -€11,312 | -16.2% |
| Amounts payable within one year | 42/48 | €223,150 | €229,032 | +€5,882 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €32,722 | €32,117 | -€604 | -1.8% |
| Financial debts | 43 | €50,342 | €50,000 | -€342 | -0.7% |
| Credit institutions | 430/8 | €50,342 | €50,000 | -€342 | -0.7% |
| Trade debts | 44 | €5,887 | €6,469 | +€582 | +9.9% |
| Suppliers | 440/4 | €5,887 | €6,469 | +€582 | +9.9% |
| Taxes, remuneration and social security | 45 | €6,620 | €7,229 | +€609 | +9.2% |
| Taxes | 450/3 | €6,620 | €7,229 | +€609 | +9.2% |
| Other amounts payable | 47/48 | €127,580 | €133,217 | +€5,637 | +4.4% |
| Accrued charges and deferred income | 492/3 | €1,379 | €1,222 | -€158 | -11.4% |
| Non-recurring operating income | 76A | €26,149 | €164 | -€25,985 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,569 | €1,610 | +€42 | +2.6% |
| Other operating charges | 640/8 | €759 | €825 | +€67 | +8.8% |
| Gross operating margin | 9900 | €12,000 | €1,743 | -€10,258 | -85.5% |
| Operating profit (loss) | 9901 | €9,673 | -€693 | -€10,366 | |
| Financial charges | 65/66B | €8,735 | €207,322 | +€198,588 | +2,274% |
| Recurring financial charges | 65 | €8,735 | €7,322 | -€1,412 | -16.2% |
| Non-recurring financial charges | 66B | - | €200,000 | +€200,000 | |
| Profit (loss) for the period before taxes | 9903 | €938 | -€208,016 | -€208,953 | |
| Profit (loss) for the period | 9904 | €938 | -€208,016 | -€208,953 | |
| Profit (loss) for the period to be appropriated | 9905 | €938 | -€208,016 | -€208,953 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.