SANIPOWER: 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.
SANIPOWER
Largest movements
- Deferred charges and accrued income -€9,945
down €9,945 (-100%), from €9,945 to €0
- Receivables within one year +€9,414
up €9,414 (+34.0%), from €27,726 to €37,139
of which Trade receivables: +€9,299
- Tangible fixed assets -€8,198
down €8,198 (-31.1%), from €26,387 to €18,189
- Cash -€7,023
down €7,023 (-97.0%), from €7,239 to €216
mainly Trade debts (-€14,462) and Receivables within one year (-€9,414)
- Trade debts -€14,462
down €14,462 (-69.1%), from €20,920 to €6,459
- Debts after one year -€4,325
down €4,325 (-29.4%), from €14,698 to €10,373
- Tax, wage and social debts +€2,237
up €2,237 (+18.9%), from €11,832 to €14,069
- Gross operating margin -€18,510
down €18,510 (-53.5%), from €34,589 to €16,080
- Taxes -€5,676
down €5,676 (-73.0%), from €7,772 to €2,097
- Financial charges +€815
up €815 (+88.9%), from €916 to €1,730
- Other operating charges +€669
up €669 (+73.4%), from €911 to €1,580
- Depreciation +€397
up €397 (+3.8%), from €10,560 to €10,957
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.
Derived cash bridge
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 | €106,297 | €90,544 | -€15,753 | -14.8% |
| Fixed assets | 21/28 | €26,387 | €18,189 | -€8,198 | -31.1% |
| Tangible fixed assets | 22/27 | €26,387 | €18,189 | -€8,198 | -31.1% |
| Furniture and vehicles | 24 | €26,387 | €18,189 | -€8,198 | -31.1% |
| Current assets | 29/58 | €79,910 | €72,355 | -€7,555 | -9.5% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,726 | €37,139 | +€9,414 | +34.0% |
| Trade receivables | 40 | €1,282 | €10,580 | +€9,299 | +726% |
| Other amounts receivable | 41 | €26,444 | €26,559 | +€115 | +0.4% |
| Cash at bank and in hand | 54/58 | €7,239 | €216 | -€7,023 | -97.0% |
| Deferred charges and accrued income | 490/1 | €9,945 | €0 | -€9,945 | -100% |
| Total equity and liabilities | 10/49 | €106,297 | €90,544 | -€15,753 | -14.8% |
| Equity | 10/15 | €53,014 | €53,645 | +€631 | +1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €34,414 | €35,045 | +€631 | +1.8% |
| Distributable reserves | 133 | €34,414 | €35,045 | +€631 | +1.8% |
| Amounts payable | 17/49 | €53,283 | €36,899 | -€16,384 | -30.7% |
| Amounts payable after more than one year | 17 | €14,698 | €10,373 | -€4,325 | -29.4% |
| Financial debts | 170/4 | €14,698 | €10,373 | -€4,325 | -29.4% |
| Amounts payable within one year | 42/48 | €38,586 | €26,526 | -€12,059 | -31.3% |
| Current portion of amounts payable after more than one year | 42 | €4,159 | €4,325 | +€166 | +4.0% |
| Trade debts | 44 | €20,920 | €6,459 | -€14,462 | -69.1% |
| Suppliers | 440/4 | €20,920 | €6,459 | -€14,462 | -69.1% |
| Advances received on contracts in progress | 46 | €1,674 | €1,674 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €11,832 | €14,069 | +€2,237 | +18.9% |
| Taxes | 450/3 | €11,832 | €14,069 | +€2,237 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,560 | €10,957 | +€397 | +3.8% |
| Other operating charges | 640/8 | €911 | €1,580 | +€669 | +73.4% |
| Gross operating margin | 9900 | €34,589 | €16,080 | -€18,510 | -53.5% |
| Operating profit (loss) | 9901 | €23,118 | €3,542 | -€19,575 | -84.7% |
| Financial income | 75/76B | €910 | €915 | +€5 | +0.6% |
| Recurring financial income | 75 | €910 | €915 | +€5 | +0.6% |
| Financial charges | 65/66B | €916 | €1,730 | +€815 | +88.9% |
| Recurring financial charges | 65 | €916 | €1,730 | +€815 | +88.9% |
| Profit (loss) for the period before taxes | 9903 | €23,112 | €2,727 | -€20,385 | -88.2% |
| Income taxes | 67/77 | €7,772 | €2,097 | -€5,676 | -73.0% |
| Profit (loss) for the period | 9904 | €15,340 | €631 | -€14,709 | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,340 | €631 | -€14,709 | -95.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.