SANIPRO: 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.
SANIPRO
Largest movements
- Cash -€116,033
down €116,033 (-23.4%), from €495,247 to €379,213
mainly Current investments (-€103,595) and Contributions, distributions and other (-€84,371)
- Current investments +€103,595
new in 2025: €103,595
- Receivables within one year -€13,271
down €13,271 (-91.9%), from €14,445 to €1,174
of which Other amounts receivable: -€13,876
- Tangible fixed assets -€11,109
down €11,109 (-23.5%), from €47,351 to €36,242
of which Furniture and vehicles: -€8,932
- Reserves -€67,500
down €67,500 (-97.3%), from €69,360 to €1,860
of which Distributable reserves: -€67,500
- Other debts +€63,113
new in 2025: €63,113
- Profit (loss) carried forward -€42,909
down €42,909 (-9.0%), from €477,658 to €434,749
- Tax, wage and social debts +€7,635
new in 2025: €7,635
- Gross operating margin +€1,657
up €1,657 (+10.7%), from -€15,436 to -€13,780
- Depreciation -€1,646
down €1,646 (-12.9%), from €12,755 to €11,109
- Other operating charges -€840
down €840 (-64.2%), from €1,308 to €468
- Financial income -€534
no longer reported in 2025 (was €534)
- Taxes +€464
new in 2025: €464
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 | €560,451 | €520,332 | -€40,119 | -7.2% |
| Fixed assets | 21/28 | €47,371 | €36,262 | -€11,109 | -23.5% |
| Tangible fixed assets | 22/27 | €47,351 | €36,242 | -€11,109 | -23.5% |
| Land and buildings | 22 | €15,431 | €13,254 | -€2,177 | -14.1% |
| Furniture and vehicles | 24 | €31,920 | €22,988 | -€8,932 | -28.0% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €513,080 | €484,070 | -€29,010 | -5.7% |
| Amounts receivable within one year | 40/41 | €14,445 | €1,174 | -€13,271 | -91.9% |
| Trade receivables | 40 | €107 | €712 | +€605 | +564% |
| Other amounts receivable | 41 | €14,337 | €462 | -€13,876 | -96.8% |
| Current investments | 50/53 | - | €103,595 | +€103,595 | |
| Cash at bank and in hand | 54/58 | €495,247 | €379,213 | -€116,033 | -23.4% |
| Deferred charges and accrued income | 490/1 | €3,389 | €88 | -€3,301 | -97.4% |
| Total equity and liabilities | 10/49 | €560,451 | €520,332 | -€40,119 | -7.2% |
| Equity | 10/15 | €559,423 | €449,014 | -€110,409 | -19.7% |
| Contributions | 10/11 | €12,405 | €12,405 | = | 0.0% |
| Reserves | 13 | €69,360 | €1,860 | -€67,500 | -97.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €67,500 | - | -€67,500 | |
| Profit (loss) carried forward | 14 | €477,658 | €434,749 | -€42,909 | -9.0% |
| Amounts payable | 17/49 | €1,028 | €71,318 | +€70,290 | +6,837% |
| Amounts payable within one year | 42/48 | €1,028 | €71,318 | +€70,290 | +6,837% |
| Trade debts | 44 | €1,028 | €570 | -€458 | -44.5% |
| Suppliers | 440/4 | €1,028 | €570 | -€458 | -44.5% |
| Taxes, remuneration and social security | 45 | - | €7,635 | +€7,635 | |
| Taxes | 450/3 | - | €7,635 | +€7,635 | |
| Other amounts payable | 47/48 | - | €63,113 | +€63,113 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,755 | €11,109 | -€1,646 | -12.9% |
| Other operating charges | 640/8 | €1,308 | €468 | -€840 | -64.2% |
| Gross operating margin | 9900 | -€15,436 | -€13,780 | +€1,657 | +10.7% |
| Operating profit (loss) | 9901 | -€29,500 | -€25,357 | +€4,143 | +14.0% |
| Financial income | 75/76B | €534 | - | -€534 | |
| Recurring financial income | 75 | €534 | - | -€534 | |
| Financial charges | 65/66B | €152 | €217 | +€66 | +43.3% |
| Recurring financial charges | 65 | €152 | €217 | +€66 | +43.3% |
| Profit (loss) for the period before taxes | 9903 | -€29,117 | -€25,574 | +€3,544 | +12.2% |
| Income taxes | 67/77 | - | €464 | +€464 | |
| Profit (loss) for the period | 9904 | -€29,117 | -€26,038 | +€3,080 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,117 | -€26,038 | +€3,080 | +10.6% |
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 15 October 2026 via checked.be.