Sanitall: what changed
What changed
Sanitall
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€17,534
2024 · €7,345+€10,190
Equity
€126,813
2024 · €109,278+€17,534
Cash
€2,816
2024 · €1,444+€1,372
Balance sheet total
€318,365
2024 · €303,685+€14,680
Largest movements
Assets
- Tangible fixed assets +€20,568
up €20,568 (+18.6%), from €110,742 to €131,310
of which Plant, machinery and equipment: +€31,270
- Stocks and contracts -€17,680
down €17,680 (-31.1%), from €56,780 to €39,100
- Receivables within one year +€12,698
up €12,698 (+10.0%), from €127,044 to €139,742
of which Other amounts receivable: +€10,794
Equity and liabilities
- Other debts -€51,702
down €51,702 (-99.8%), from €51,798 to €96
- Debts after one year +€30,956
up €30,956 (+114%), from €27,213 to €58,168
- Profit (loss) carried forward +€17,534
up €17,534 (+47.9%), from €36,589 to €54,123
- Current portion of long-term debt +€12,897
up €12,897 (+71.0%), from €18,164 to €31,061
- Tax, wage and social debts +€5,988
up €5,988 (+69.6%), from €8,607 to €14,595
of which Remuneration and social security: +€4,200
Income statement
- Gross operating margin +€30,778
up €30,778 (+69.4%), from €44,332 to €75,110
- Depreciation +€15,275
up €15,275 (+59.0%), from €25,903 to €41,178
- Financial income -€2,982
down €2,982 (-81.4%), from €3,662 to €680
- Taxes +€2,801
up €2,801 (+106%), from €2,634 to €5,435
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€7,345
Gross operating margin
+€30,778
Staff costs
+€130
Depreciation
-€15,275
Other operating charges
+€371
Other operating items
-€459
Financial income
-€2,982
Financial charges
+€428
Taxes
-€2,801
Result 2025
€17,534
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€19,446
Investment
-€61,926
Financing
+€43,853
Cash 2024
€1,444
From operations (derived)
+€19,446
Net result for the year
+€17,534
Depreciation
+€41,178
Stocks and contracts
+€17,680
Receivables within one year
-€12,698
Deferred charges and accrued income
+€2,459
Trade debts
-€1,393
Tax, wage and social debts
+€5,988
Other debts
-€51,702
Accrued charges and deferred income
+€400
Investment (derived)
-€61,926
Investment in fixed assets (net)
-€61,926
Financing
+€43,853
Debts after one year
+€30,956
Current portion of long-term debt
+€12,897
Cash 2025
€2,816
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €303,685 | €318,365 | +€14,680 | +4.8% |
| Fixed assets | 21/28 | €110,742 | €131,490 | +€20,748 | +18.7% |
| Tangible fixed assets | 22/27 | €110,742 | €131,310 | +€20,568 | +18.6% |
| Plant, machinery and equipment | 23 | €34,874 | €66,144 | +€31,270 | +89.7% |
| Furniture and vehicles | 24 | €57,112 | €49,203 | -€7,909 | -13.8% |
| Other tangible fixed assets | 26 | €18,756 | €15,963 | -€2,793 | -14.9% |
| Financial fixed assets | 28 | - | €180 | +€180 | |
| Current assets | 29/58 | €192,944 | €186,875 | -€6,069 | -3.1% |
| Stocks and contracts in progress | 3 | €56,780 | €39,100 | -€17,680 | -31.1% |
| Stocks | 30/36 | €56,780 | €39,100 | -€17,680 | -31.1% |
| Amounts receivable within one year | 40/41 | €127,044 | €139,742 | +€12,698 | +10.0% |
| Trade receivables | 40 | €119,648 | €121,552 | +€1,904 | +1.6% |
| Other amounts receivable | 41 | €7,396 | €18,191 | +€10,794 | +146% |
| Cash at bank and in hand | 54/58 | €1,444 | €2,816 | +€1,372 | +95.0% |
| Deferred charges and accrued income | 490/1 | €7,676 | €5,217 | -€2,459 | -32.0% |
| Total equity and liabilities | 10/49 | €303,685 | €318,365 | +€14,680 | +4.8% |
| Equity | 10/15 | €109,278 | €126,813 | +€17,534 | +16.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €52,689 | €52,689 | = | 0.0% |
| Distributable reserves | 133 | €52,689 | €52,689 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,589 | €54,123 | +€17,534 | +47.9% |
| Amounts payable | 17/49 | €194,407 | €191,553 | -€2,855 | -1.5% |
| Amounts payable after more than one year | 17 | €27,213 | €58,168 | +€30,956 | +114% |
| Financial debts | 170/4 | €27,213 | €58,168 | +€30,956 | +114% |
| Amounts payable within one year | 42/48 | €167,195 | €132,985 | -€34,210 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €18,164 | €31,061 | +€12,897 | +71.0% |
| Trade debts | 44 | €88,625 | €87,233 | -€1,393 | -1.6% |
| Suppliers | 440/4 | €88,625 | €87,233 | -€1,393 | -1.6% |
| Taxes, remuneration and social security | 45 | €8,607 | €14,595 | +€5,988 | +69.6% |
| Taxes | 450/3 | €8,607 | €10,395 | +€1,788 | +20.8% |
| Remuneration and social security | 454/9 | - | €4,200 | +€4,200 | |
| Other amounts payable | 47/48 | €51,798 | €96 | -€51,702 | -99.8% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Non-recurring operating income | 76A | €14,500 | €16,198 | +€1,698 | +11.7% |
| Remuneration, social security and pensions | 62 | €130 | - | -€130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,903 | €41,178 | +€15,275 | +59.0% |
| Other operating charges | 640/8 | €2,293 | €1,922 | -€371 | -16.2% |
| Non-recurring operating charges | 66A | €3,473 | €3,932 | +€459 | +13.2% |
| Gross operating margin | 9900 | €44,332 | €75,110 | +€30,778 | +69.4% |
| Operating profit (loss) | 9901 | €12,532 | €28,078 | +€15,545 | +124% |
| Financial income | 75/76B | €3,662 | €680 | -€2,982 | -81.4% |
| Recurring financial income | 75 | €3,662 | €680 | -€2,982 | -81.4% |
| Financial charges | 65/66B | €6,216 | €5,788 | -€428 | -6.9% |
| Recurring financial charges | 65 | €6,216 | €5,788 | -€428 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €9,978 | €22,970 | +€12,991 | +130% |
| Income taxes | 67/77 | €2,634 | €5,435 | +€2,801 | +106% |
| Profit (loss) for the period | 9904 | €7,345 | €17,534 | +€10,190 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €7,345 | €17,534 | +€10,190 | +139% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.