Sanitas: 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.
Sanitas
Largest movements
- Tangible fixed assets +€30,303
up €30,303 (+26.4%), from €114,911 to €145,214
of which Furniture and vehicles: +€47,224
- Cash -€23,834
down €23,834 (-44.0%), from €54,143 to €30,310
mainly Investment in fixed assets (net) (-€53,451) and Contributions, distributions and other (-€21,006)
- Stocks and contracts +€10,880
up €10,880 (+55.3%), from €19,677 to €30,557
- Receivables within one year -€3,052
down €3,052 (-33.4%), from €9,134 to €6,082
of which Other amounts receivable: -€2,625
- Debts after one year +€24,872
up €24,872 (+73.7%), from €33,741 to €58,612
- Reserves -€18,962
down €18,962 (-18.4%), from €102,786 to €83,824
- Current portion of long-term debt +€8,942
up €8,942 (+92.2%), from €9,699 to €18,641
- Trade debts -€6,596
down €6,596 (-98.8%), from €6,676 to €79
- Tax, wage and social debts +€4,722
up €4,722 (+166.7%), from €2,833 to €7,555
of which Remuneration and social security: +€3,206
- Staff costs +€21,390
up €21,390 (+369.2%), from €5,793 to €27,183
- Gross operating margin +€14,569
up €14,569 (+36.5%), from €39,930 to €54,499
- Depreciation +€8,703
up €8,703 (+60.3%), from €14,445 to €23,148
- Taxes -€3,036
down €3,036 (-79.0%), from €3,843 to €807
- Financial income +€669
up €669 (+38.5%), from €1,740 to €2,409
of which Non-recurring financial income: +€1,818
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.
Cash bridge derived
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 | €197,866 | €212,163 | +€14,297 | +7.2% |
| Fixed assets | 21/28 | €114,911 | €145,214 | +€30,303 | +26.4% |
| Tangible fixed assets | 22/27 | €114,911 | €145,214 | +€30,303 | +26.4% |
| Land and buildings | 22 | €56,345 | €46,688 | -€9,657 | -17.1% |
| Plant, machinery and equipment | 23 | €58,567 | €51,303 | -€7,263 | -12.4% |
| Furniture and vehicles | 24 | - | €47,224 | +€47,224 | |
| Current assets | 29/58 | €82,954 | €66,948 | -€16,006 | -19.3% |
| Stocks and contracts in progress | 3 | €19,677 | €30,557 | +€10,880 | +55.3% |
| Stocks | 30/36 | €19,677 | €30,557 | +€10,880 | +55.3% |
| Amounts receivable within one year | 40/41 | €9,134 | €6,082 | -€3,052 | -33.4% |
| Trade receivables | 40 | €624 | €196 | -€428 | -68.6% |
| Other amounts receivable | 41 | €8,511 | €5,886 | -€2,625 | -30.8% |
| Cash at bank and in hand | 54/58 | €54,143 | €30,310 | -€23,834 | -44.0% |
| Total equity and liabilities | 10/49 | €197,866 | €212,163 | +€14,297 | +7.2% |
| Equity | 10/15 | €121,378 | €102,416 | -€18,962 | -15.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €102,786 | €83,824 | -€18,962 | -18.4% |
| Distributable reserves | 133 | €102,786 | €83,824 | -€18,962 | -18.4% |
| Amounts payable | 17/49 | €76,488 | €109,747 | +€33,259 | +43.5% |
| Amounts payable after more than one year | 17 | €33,741 | €58,612 | +€24,872 | +73.7% |
| Financial debts | 170/4 | €33,741 | €58,612 | +€24,872 | +73.7% |
| Amounts payable within one year | 42/48 | €42,747 | €51,135 | +€8,388 | +19.6% |
| Current portion of amounts payable after more than one year | 42 | €9,699 | €18,641 | +€8,942 | +92.2% |
| Trade debts | 44 | €6,676 | €79 | -€6,596 | -98.8% |
| Suppliers | 440/4 | €6,676 | €79 | -€6,596 | -98.8% |
| Taxes, remuneration and social security | 45 | €2,833 | €7,555 | +€4,722 | +166.7% |
| Taxes | 450/3 | €2,833 | €4,349 | +€1,516 | +53.5% |
| Remuneration and social security | 454/9 | - | €3,206 | +€3,206 | |
| Other amounts payable | 47/48 | €23,540 | €24,859 | +€1,320 | +5.6% |
| Remuneration, social security and pensions | 62 | €5,793 | €27,183 | +€21,390 | +369.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,445 | €23,148 | +€8,703 | +60.3% |
| Other operating charges | 640/8 | €1,952 | €1,468 | -€483 | -24.8% |
| Gross operating margin | 9900 | €39,930 | €54,499 | +€14,569 | +36.5% |
| Operating profit (loss) | 9901 | €17,740 | €2,699 | -€15,041 | -84.8% |
| Financial income | 75/76B | €1,740 | €2,409 | +€669 | +38.5% |
| Recurring financial income | 75 | €1,740 | €591 | -€1,149 | -66.0% |
| Non-recurring financial income | 76B | - | €1,818 | +€1,818 | |
| Financial charges | 65/66B | €2,198 | €2,258 | +€60 | +2.7% |
| Recurring financial charges | 65 | €2,198 | €2,258 | +€60 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €17,282 | €2,851 | -€14,432 | -83.5% |
| Income taxes | 67/77 | €3,843 | €807 | -€3,036 | -79.0% |
| Profit (loss) for the period | 9904 | €13,440 | €2,044 | -€11,396 | -84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,440 | €2,044 | -€11,396 | -84.8% |
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 10 October 2026 via checked.be.