SANITAIR EXPRESS: 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.
SANITAIR EXPRESS
Largest movements
- Current investments +€23,675
up €23,675 (+32.7%), from €72,391 to €96,066
- Receivables within one year +€13,114
up €13,114 (+7,580%), from €173 to €13,287
of which Trade receivables: +€12,041
- Tangible fixed assets -€10,168
down €10,168 (-41.3%), from €24,591 to €14,423
of which Furniture and vehicles: -€9,005
- Reserves +€21,789
up €21,789 (+26.0%), from €83,824 to €105,613
- Current portion of long-term debt -€8,449
no longer reported in 2025 (was €8,449)
- Advances received +€6,151
up €6,151 (+431%), from €1,428 to €7,579
- Other debts +€4,781
up €4,781 (+53.8%), from €8,884 to €13,665
- Trade debts +€2,660
up €2,660 (+682%), from €390 to €3,050
- Depreciation +€1,587
up €1,587 (+18.5%), from €8,582 to €10,169
- Gross operating margin +€926
up €926 (+2.4%), from €38,275 to €39,201
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 | €111,768 | €138,939 | +€27,171 | +24.3% |
| Fixed assets | 21/28 | €24,636 | €14,468 | -€10,168 | -41.3% |
| Tangible fixed assets | 22/27 | €24,591 | €14,423 | -€10,168 | -41.3% |
| Plant, machinery and equipment | 23 | €1,909 | €746 | -€1,163 | -60.9% |
| Furniture and vehicles | 24 | €22,682 | €13,677 | -€9,005 | -39.7% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €87,132 | €124,471 | +€37,339 | +42.9% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €173 | €13,287 | +€13,114 | +7,580% |
| Trade receivables | 40 | - | €12,041 | +€12,041 | |
| Other amounts receivable | 41 | €173 | €1,246 | +€1,073 | +620% |
| Current investments | 50/53 | €72,391 | €96,066 | +€23,675 | +32.7% |
| Cash at bank and in hand | 54/58 | €13,429 | €14,367 | +€938 | +7.0% |
| Deferred charges and accrued income | 490/1 | €639 | €251 | -€388 | -60.7% |
| Total equity and liabilities | 10/49 | €111,768 | €138,939 | +€27,171 | +24.3% |
| Equity | 10/15 | €86,324 | €108,113 | +€21,789 | +25.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €83,824 | €105,613 | +€21,789 | +26.0% |
| Distributable reserves | 133 | €83,824 | €105,613 | +€21,789 | +26.0% |
| Amounts payable | 17/49 | €25,444 | €30,826 | +€5,382 | +21.2% |
| Amounts payable within one year | 42/48 | €25,444 | €30,826 | +€5,382 | +21.2% |
| Current portion of amounts payable after more than one year | 42 | €8,449 | - | -€8,449 | |
| Trade debts | 44 | €390 | €3,050 | +€2,660 | +682% |
| Suppliers | 440/4 | €390 | €3,050 | +€2,660 | +682% |
| Advances received on contracts in progress | 46 | €1,428 | €7,579 | +€6,151 | +431% |
| Taxes, remuneration and social security | 45 | €6,293 | €6,532 | +€239 | +3.8% |
| Taxes | 450/3 | €6,293 | €6,532 | +€239 | +3.8% |
| Other amounts payable | 47/48 | €8,884 | €13,665 | +€4,781 | +53.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,582 | €10,169 | +€1,587 | +18.5% |
| Other operating charges | 640/8 | €1,200 | €1,204 | +€4 | +0.3% |
| Gross operating margin | 9900 | €38,275 | €39,201 | +€926 | +2.4% |
| Operating profit (loss) | 9901 | €28,493 | €27,828 | -€665 | -2.3% |
| Financial income | 75/76B | €704 | €924 | +€220 | +31.3% |
| Recurring financial income | 75 | €704 | €924 | +€220 | +31.3% |
| Financial charges | 65/66B | €303 | €203 | -€100 | -33.0% |
| Recurring financial charges | 65 | €303 | €203 | -€100 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €28,894 | €28,549 | -€345 | -1.2% |
| Income taxes | 67/77 | €6,856 | €6,760 | -€96 | -1.4% |
| Profit (loss) for the period | 9904 | €22,038 | €21,789 | -€249 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,038 | €21,789 | -€249 | -1.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.