Saniprojects: 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.
Saniprojects
Largest movements
- Cash -€30,620
down €30,620 (-79.4%), from €38,544 to €7,924
mainly Net result for the year (-€14,168) and Debts after one year (-€9,758)
- Tangible fixed assets -€10,466
down €10,466 (-21.2%), from €49,378 to €38,913
of which Furniture and vehicles: -€10,183
- Receivables within one year +€5,262
up €5,262 (+17.7%), from €29,775 to €35,036
of which Trade receivables: +€6,424
- Intangible fixed assets -€2,571
no longer reported in 2025 (was €2,571)
- Profit (loss) carried forward -€12,978
down €12,978, from €4,298 to -€8,680
- Debts after one year -€9,758
down €9,758 (-28.5%), from €34,227 to €24,468
- Reserves -€9,383
down €9,383 (-22.8%), from €41,192 to €31,810
of which Distributable reserves: -€8,192
- Tax, wage and social debts -€3,642
down €3,642 (-62.8%), from €5,798 to €2,156
- Trade debts -€2,586
down €2,586 (-46.3%), from €5,579 to €2,993
- Purchases and services -€37,286
down €37,286 (-21.1%), from €176,821 to €139,535
- Gross operating margin -€33,723
down €33,723 (-87.8%), from €38,404 to €4,680
- Taxes -€3,249
down €3,249 (-89.1%), from €3,648 to €398
- Depreciation +€1,477
up €1,477 (+10.9%), from €13,529 to €15,006
- Financial charges -€522
down €522 (-15.5%), from €3,367 to €2,845
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 | €120,329 | €82,890 | -€37,440 | -31.1% |
| Fixed assets | 21/28 | €51,950 | €38,913 | -€13,037 | -25.1% |
| Intangible fixed assets | 21 | €2,571 | - | -€2,571 | |
| Tangible fixed assets | 22/27 | €49,378 | €38,913 | -€10,466 | -21.2% |
| Plant, machinery and equipment | 23 | €1,166 | €883 | -€283 | -24.3% |
| Furniture and vehicles | 24 | €48,213 | €38,030 | -€10,183 | -21.1% |
| Current assets | 29/58 | €68,379 | €43,977 | -€24,402 | -35.7% |
| Stocks and contracts in progress | 3 | - | €1,000 | +€1,000 | |
| Stocks | 30/36 | - | €1,000 | +€1,000 | |
| Amounts receivable within one year | 40/41 | €29,775 | €35,036 | +€5,262 | +17.7% |
| Trade receivables | 40 | €1,008 | €7,432 | +€6,424 | +637% |
| Other amounts receivable | 41 | €28,766 | €27,605 | -€1,162 | -4.0% |
| Cash at bank and in hand | 54/58 | €38,544 | €7,924 | -€30,620 | -79.4% |
| Deferred charges and accrued income | 490/1 | €61 | €17 | -€44 | -72.9% |
| Total equity and liabilities | 10/49 | €120,329 | €82,890 | -€37,440 | -31.1% |
| Equity | 10/15 | €64,090 | €41,730 | -€22,360 | -34.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,192 | €31,810 | -€9,383 | -22.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,147 | €3,956 | -€1,190 | -23.1% |
| Distributable reserves | 133 | €34,186 | €25,994 | -€8,192 | -24.0% |
| Profit (loss) carried forward | 14 | €4,298 | -€8,680 | -€12,978 | |
| Provisions and deferred taxes | 16 | €1,287 | €989 | -€298 | -23.1% |
| Deferred taxes | 168 | €1,287 | €989 | -€298 | -23.1% |
| Amounts payable | 17/49 | €54,952 | €40,170 | -€14,782 | -26.9% |
| Amounts payable after more than one year | 17 | €34,227 | €24,468 | -€9,758 | -28.5% |
| Financial debts | 170/4 | €34,227 | €24,468 | -€9,758 | -28.5% |
| Amounts payable within one year | 42/48 | €20,725 | €15,702 | -€5,023 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €9,348 | €10,553 | +€1,205 | +12.9% |
| Trade debts | 44 | €5,579 | €2,993 | -€2,586 | -46.3% |
| Suppliers | 440/4 | €5,579 | €2,993 | -€2,586 | -46.3% |
| Taxes, remuneration and social security | 45 | €5,798 | €2,156 | -€3,642 | -62.8% |
| Taxes | 450/3 | €5,798 | €2,156 | -€3,642 | -62.8% |
| Non-recurring operating income | 76A | €7,440 | - | -€7,440 | |
| Goods, raw materials, services and sundry goods | 60/61 | €176,821 | €139,535 | -€37,286 | -21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,529 | €15,006 | +€1,477 | +10.9% |
| Other operating charges | 640/8 | €1,155 | €1,592 | +€436 | +37.8% |
| Gross operating margin | 9900 | €38,404 | €4,680 | -€33,723 | -87.8% |
| Operating profit (loss) | 9901 | €23,719 | -€11,918 | -€35,637 | |
| Financial income | 75/76B | €942 | €695 | -€247 | -26.2% |
| Recurring financial income | 75 | €942 | €695 | -€247 | -26.2% |
| Financial charges | 65/66B | €3,367 | €2,845 | -€522 | -15.5% |
| Recurring financial charges | 65 | €3,367 | €2,845 | -€522 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €21,294 | -€14,067 | -€35,362 | |
| Transfer from deferred taxes | 780 | €201 | €298 | +€96 | +47.8% |
| Transfer to deferred taxes | 680 | €1,488 | - | -€1,488 | |
| Income taxes | 67/77 | €3,648 | €398 | -€3,249 | -89.1% |
| Profit (loss) for the period | 9904 | €16,360 | -€14,168 | -€30,528 | |
| Transfer from tax-exempt reserves | 789 | €806 | €1,190 | +€385 | +47.8% |
| Transfer to tax-exempt reserves | 689 | €5,952 | - | -€5,952 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,213 | -€12,978 | -€24,191 |
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 14 October 2026 via checked.be.