SANITÄR COACH: 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.
SANITÄR COACH
Largest movements
- Tangible fixed assets +€55,418
up €55,418 (+29.0%), from €190,984 to €246,402
of which Land and buildings: +€51,193
- Receivables within one year -€18,866
down €18,866 (-27.0%), from €69,896 to €51,031
of which Trade receivables: -€15,623
- Cash -€13,852
down €13,852 (-88.3%), from €15,687 to €1,835
mainly Investment in fixed assets (net) (-€76,091) and Advances received (-€12,420)
- Debts after one year +€38,181
up €38,181 (+26.0%), from €146,889 to €185,070
of which Financial debts: +€36,381
- Advances received -€12,420
no longer reported in 2025 (was €12,420)
- Trade debts -€8,340
down €8,340 (-12.9%), from €64,413 to €56,073
- Current portion of long-term debt +€4,327
up €4,327 (+65.2%), from €6,642 to €10,969
- Accrued charges and deferred income +€4,232
new in 2025: €4,232
- Staff costs -€61,411
down €61,411 (-88.9%), from €69,076 to €7,665
- Gross operating margin -€60,944
down €60,944 (-59.0%), from €103,319 to €42,375
- Depreciation +€4,485
up €4,485 (+27.7%), from €16,188 to €20,673
- Financial charges +€1,662
up €1,662 (+19.2%), from €8,677 to €10,339
- Taxes -€1,590
down €1,590 (-90.3%), from €1,761 to €172
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 | €293,839 | €315,933 | +€22,093 | +7.5% |
| Fixed assets | 21/28 | €190,984 | €246,402 | +€55,418 | +29.0% |
| Tangible fixed assets | 22/27 | €190,984 | €246,402 | +€55,418 | +29.0% |
| Land and buildings | 22 | €187,203 | €238,397 | +€51,193 | +27.3% |
| Plant, machinery and equipment | 23 | €2,125 | €0 | -€2,125 | -100% |
| Furniture and vehicles | 24 | €1,655 | €8,005 | +€6,350 | +384% |
| Current assets | 29/58 | €102,856 | €69,531 | -€33,325 | -32.4% |
| Stocks and contracts in progress | 3 | €8,913 | €11,383 | +€2,470 | +27.7% |
| Stocks | 30/36 | €8,913 | €11,383 | +€2,470 | +27.7% |
| Amounts receivable within one year | 40/41 | €69,896 | €51,031 | -€18,866 | -27.0% |
| Trade receivables | 40 | €60,355 | €44,732 | -€15,623 | -25.9% |
| Other amounts receivable | 41 | €9,541 | €6,299 | -€3,242 | -34.0% |
| Cash at bank and in hand | 54/58 | €15,687 | €1,835 | -€13,852 | -88.3% |
| Deferred charges and accrued income | 490/1 | €8,360 | €5,282 | -€3,078 | -36.8% |
| Total equity and liabilities | 10/49 | €293,839 | €315,933 | +€22,093 | +7.5% |
| Equity | 10/15 | €54,608 | €55,655 | +€1,048 | +1.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,608 | €53,655 | +€1,048 | +2.0% |
| Amounts payable | 17/49 | €239,232 | €260,277 | +€21,046 | +8.8% |
| Amounts payable after more than one year | 17 | €146,889 | €185,070 | +€38,181 | +26.0% |
| Financial debts | 170/4 | €146,889 | €183,270 | +€36,381 | +24.8% |
| Other amounts payable | 178/9 | - | €1,800 | +€1,800 | |
| Amounts payable within one year | 42/48 | €92,343 | €70,975 | -€21,368 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | €6,642 | €10,969 | +€4,327 | +65.2% |
| Trade debts | 44 | €64,413 | €56,073 | -€8,340 | -12.9% |
| Suppliers | 440/4 | €64,413 | €56,073 | -€8,340 | -12.9% |
| Advances received on contracts in progress | 46 | €12,420 | - | -€12,420 | |
| Taxes, remuneration and social security | 45 | €6,007 | €3,933 | -€2,075 | -34.5% |
| Taxes | 450/3 | €5,428 | €3,933 | -€1,495 | -27.5% |
| Remuneration and social security | 454/9 | €580 | - | -€580 | |
| Other amounts payable | 47/48 | €2,860 | - | -€2,860 | |
| Accrued charges and deferred income | 492/3 | - | €4,232 | +€4,232 | |
| Non-recurring operating income | 76A | €3,923 | €551 | -€3,372 | -86.0% |
| Remuneration, social security and pensions | 62 | €69,076 | €7,665 | -€61,411 | -88.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,188 | €20,673 | +€4,485 | +27.7% |
| Other operating charges | 640/8 | €2,672 | €2,768 | +€97 | +3.6% |
| Gross operating margin | 9900 | €103,319 | €42,375 | -€60,944 | -59.0% |
| Operating profit (loss) | 9901 | €15,384 | €11,269 | -€4,115 | -26.7% |
| Financial income | 75/76B | €1,010 | €289 | -€720 | -71.4% |
| Recurring financial income | 75 | €1,010 | €289 | -€720 | -71.4% |
| Financial charges | 65/66B | €8,677 | €10,339 | +€1,662 | +19.2% |
| Recurring financial charges | 65 | €8,677 | €10,339 | +€1,662 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €7,716 | €1,219 | -€6,497 | -84.2% |
| Income taxes | 67/77 | €1,761 | €172 | -€1,590 | -90.3% |
| Profit (loss) for the period | 9904 | €5,955 | €1,048 | -€4,908 | -82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,955 | €1,048 | -€4,908 | -82.4% |
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 25 October 2026 via checked.be.