SANIPOST: 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.
SANIPOST
Largest movements
- Cash -€25,814
down €25,814 (-66.1%), from €39,037 to €13,224
mainly Net result for the year (-€15,677) and Advances received (-€11,726)
- Tangible fixed assets -€20,302
down €20,302 (-8.1%), from €249,940 to €229,637
of which Land and buildings: -€13,305
- Profit (loss) carried forward -€15,677
down €15,677 (-9.6%), from -€163,119 to -€178,796
- Advances received -€11,726
down €11,726 (-45.6%), from €25,737 to €14,010
- Trade debts -€9,473
down €9,473 (-21.1%), from €44,790 to €35,317
- Other debts -€6,000
down €6,000 (-25.0%), from €24,000 to €18,000
- Staff costs -€4,917
down €4,917 (-66.7%), from €7,369 to €2,453
- Gross operating margin -€1,925
down €1,925 (-10.8%), from €17,900 to €15,975
- Other operating charges -€215
down €215 (-3.5%), from €6,213 to €5,997
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 | €342,842 | €296,909 | -€45,933 | -13.4% |
| Fixed assets | 21/28 | €249,940 | €229,637 | -€20,302 | -8.1% |
| Tangible fixed assets | 22/27 | €249,940 | €229,637 | -€20,302 | -8.1% |
| Land and buildings | 22 | €222,533 | €209,228 | -€13,305 | -6.0% |
| Furniture and vehicles | 24 | €27,407 | €20,409 | -€6,997 | -25.5% |
| Current assets | 29/58 | €92,902 | €67,271 | -€25,631 | -27.6% |
| Stocks and contracts in progress | 3 | €53,865 | €53,490 | -€375 | -0.7% |
| Stocks | 30/36 | €53,865 | €53,490 | -€375 | -0.7% |
| Amounts receivable within one year | 40/41 | - | €558 | +€558 | |
| Trade receivables | 40 | - | €558 | +€558 | |
| Cash at bank and in hand | 54/58 | €39,037 | €13,224 | -€25,814 | -66.1% |
| Total equity and liabilities | 10/49 | €342,842 | €296,909 | -€45,933 | -13.4% |
| Equity | 10/15 | €243,190 | €227,513 | -€15,677 | -6.4% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Revaluation surpluses | 12 | €330,932 | €330,932 | = | 0.0% |
| Reserves | 13 | €1,009 | €1,009 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,009 | €1,009 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,009 | €1,009 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€163,119 | -€178,796 | -€15,677 | -9.6% |
| Amounts payable | 17/49 | €99,652 | €69,396 | -€30,256 | -30.4% |
| Amounts payable within one year | 42/48 | €99,652 | €69,396 | -€30,256 | -30.4% |
| Trade debts | 44 | €44,790 | €35,317 | -€9,473 | -21.1% |
| Suppliers | 440/4 | €44,790 | €35,317 | -€9,473 | -21.1% |
| Advances received on contracts in progress | 46 | €25,737 | €14,010 | -€11,726 | -45.6% |
| Taxes, remuneration and social security | 45 | €5,125 | €2,068 | -€3,057 | -59.6% |
| Taxes | 450/3 | €3,098 | €2,068 | -€1,030 | -33.2% |
| Remuneration and social security | 454/9 | €2,027 | - | -€2,027 | |
| Other amounts payable | 47/48 | €24,000 | €18,000 | -€6,000 | -25.0% |
| Remuneration, social security and pensions | 62 | €7,369 | €2,453 | -€4,917 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,735 | €20,852 | +€118 | +0.6% |
| Other operating charges | 640/8 | €6,213 | €5,997 | -€215 | -3.5% |
| Gross operating margin | 9900 | €17,900 | €15,975 | -€1,925 | -10.8% |
| Operating profit (loss) | 9901 | -€16,416 | -€13,327 | +€3,089 | +18.8% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €2,439 | €2,283 | -€157 | -6.4% |
| Recurring financial charges | 65 | €2,439 | €2,283 | -€157 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,850 | -€15,610 | +€3,240 | +17.2% |
| Income taxes | 67/77 | €212 | €68 | -€145 | -68.2% |
| Profit (loss) for the period | 9904 | -€19,062 | -€15,677 | +€3,385 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,062 | -€15,677 | +€3,385 | +17.8% |
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 11 October 2026 via checked.be.