SANITARY OFFICES: 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.
SANITARY OFFICES
Largest movements
- Current investments +€350,000
new in 2025: €350,000
- Cash -€206,699
down €206,699 (-66.3%), from €311,533 to €104,834
mainly Current investments (-€350,000) and Debts after one year (-€183,333)
- Tangible fixed assets -€147,249
down €147,249 (-2.3%), from €6.4m to €6.3m
- Debts after one year -€183,333
down €183,333 (-3.9%), from €4.7m to €4.5m
- Reserves +€169,538
up €169,538 (+38.1%), from €444,887 to €614,426
of which Distributable reserves: +€169,538
- Gross operating margin +€7,127
up €7,127 (+1.5%), from €471,204 to €478,331
- Financial income -€4,867
down €4,867 (-67.0%), from €7,260 to €2,393
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 | €6,737,677 | €6,785,850 | +€48,173 | +0.7% |
| Fixed assets | 21/28 | €6,425,664 | €6,282,484 | -€143,179 | -2.2% |
| Tangible fixed assets | 22/27 | €6,425,664 | €6,278,415 | -€147,249 | -2.3% |
| Land and buildings | 22 | €6,425,664 | €6,278,415 | -€147,249 | -2.3% |
| Financial fixed assets | 28 | - | €4,069 | +€4,069 | |
| Current assets | 29/58 | €312,013 | €503,366 | +€191,353 | +61.3% |
| Amounts receivable within one year | 40/41 | €0 | €45,652 | +€45,652 | |
| Trade receivables | 40 | - | €45,652 | +€45,652 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | - | €350,000 | +€350,000 | |
| Cash at bank and in hand | 54/58 | €311,533 | €104,834 | -€206,699 | -66.3% |
| Deferred charges and accrued income | 490/1 | €480 | €2,880 | +€2,400 | +500% |
| Total equity and liabilities | 10/49 | €6,737,677 | €6,785,850 | +€48,173 | +0.7% |
| Equity | 10/15 | €1,844,887 | €2,014,426 | +€169,538 | +9.2% |
| Contributions | 10/11 | €1,400,000 | €1,400,000 | = | 0.0% |
| Capital | 10 | €1,400,000 | €1,400,000 | = | 0.0% |
| Issued capital | 100 | €1,400,000 | €1,400,000 | = | 0.0% |
| Reserves | 13 | €444,887 | €614,426 | +€169,538 | +38.1% |
| Non-distributable reserves | 130/1 | €140,000 | €140,000 | = | 0.0% |
| Legal reserve | 130 | €140,000 | €140,000 | = | 0.0% |
| Distributable reserves | 133 | €304,887 | €474,426 | +€169,538 | +55.6% |
| Amounts payable | 17/49 | €4,892,790 | €4,771,425 | -€121,365 | -2.5% |
| Amounts payable after more than one year | 17 | €4,675,000 | €4,491,667 | -€183,333 | -3.9% |
| Financial debts | 170/4 | €4,675,000 | €4,491,667 | -€183,333 | -3.9% |
| Amounts payable within one year | 42/48 | €207,158 | €231,037 | +€23,879 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €183,333 | €183,333 | = | 0.0% |
| Trade debts | 44 | €3,150 | €1,935 | -€1,215 | -38.6% |
| Suppliers | 440/4 | €3,150 | €1,935 | -€1,215 | -38.6% |
| Taxes, remuneration and social security | 45 | €20,674 | €45,768 | +€25,094 | +121% |
| Taxes | 450/3 | €20,674 | €45,768 | +€25,094 | +121% |
| Accrued charges and deferred income | 492/3 | €10,632 | €48,721 | +€38,089 | +358% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145,781 | €147,249 | +€1,468 | +1.0% |
| Other operating charges | 640/8 | €41,429 | €42,806 | +€1,378 | +3.3% |
| Gross operating margin | 9900 | €471,204 | €478,331 | +€7,127 | +1.5% |
| Operating profit (loss) | 9901 | €283,994 | €288,276 | +€4,282 | +1.5% |
| Financial income | 75/76B | €7,260 | €2,393 | -€4,867 | -67.0% |
| Recurring financial income | 75 | €7,260 | €2,393 | -€4,867 | -67.0% |
| Financial charges | 65/66B | €66,118 | €63,929 | -€2,189 | -3.3% |
| Recurring financial charges | 65 | €66,118 | €63,929 | -€2,189 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €225,136 | €226,740 | +€1,604 | +0.7% |
| Income taxes | 67/77 | €56,000 | €57,202 | +€1,202 | +2.1% |
| Profit (loss) for the period | 9904 | €169,136 | €169,538 | +€402 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €169,136 | €169,538 | +€402 | +0.2% |
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 28 October 2026 via checked.be.