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
- Receivables within one year -€219,837
down €219,837 (-80.0%), from €274,863 to €55,027
of which Other amounts receivable: -€219,947
- Cash +€114,271
up €114,271 (+2,166%), from €5,275 to €119,546
mainly Receivables within one year (+€219,837) and Depreciation (+€97,948)
- Tangible fixed assets -€69,387
down €69,387 (-4.7%), from €1.5m to €1.4m
of which Land and buildings: -€49,713
- Debts after one year -€92,472
down €92,472 (-13.6%), from €677,751 to €585,279
- Current portion of long-term debt -€61,176
down €61,176 (-39.8%), from €153,647 to €92,472
- Trade debts -€44,735
down €44,735 (-88.2%), from €50,701 to €5,966
- Other debts +€22,641
up €22,641 (+6.1%), from €370,871 to €393,512
- Depreciation +€15,194
up €15,194 (+18.4%), from €82,755 to €97,948
- Gross operating margin +€8,940
up €8,940 (+8.5%), from €105,128 to €114,068
- Taxes -€1,752
down €1,752 (-78.4%), from €2,233 to €481
- Financial charges -€1,150
down €1,150 (-8.9%), from €12,897 to €11,747
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,772,430 | €1,595,226 | -€177,204 | -10.0% |
| Fixed assets | 21/28 | €1,489,288 | €1,419,901 | -€69,387 | -4.7% |
| Tangible fixed assets | 22/27 | €1,489,288 | €1,419,901 | -€69,387 | -4.7% |
| Land and buildings | 22 | €1,283,370 | €1,233,657 | -€49,713 | -3.9% |
| Plant, machinery and equipment | 23 | €205,917 | €186,244 | -€19,674 | -9.6% |
| Current assets | 29/58 | €283,142 | €175,325 | -€107,817 | -38.1% |
| Amounts receivable within one year | 40/41 | €274,863 | €55,027 | -€219,837 | -80.0% |
| Trade receivables | 40 | €7,150 | €7,260 | +€110 | +1.5% |
| Other amounts receivable | 41 | €267,713 | €47,767 | -€219,947 | -82.2% |
| Cash at bank and in hand | 54/58 | €5,275 | €119,546 | +€114,271 | +2,166% |
| Deferred charges and accrued income | 490/1 | €3,003 | €752 | -€2,251 | -75.0% |
| Total equity and liabilities | 10/49 | €1,772,430 | €1,595,226 | -€177,204 | -10.0% |
| Equity | 10/15 | €314,813 | €316,098 | +€1,285 | +0.4% |
| Contributions | 10/11 | €6,031 | €6,031 | = | 0.0% |
| Reserves | 13 | €300,290 | €300,290 | = | 0.0% |
| Non-distributable reserves | 130/1 | €905 | €905 | = | 0.0% |
| Reserves not available under the articles | 1311 | €905 | €905 | = | 0.0% |
| Distributable reserves | 133 | €299,386 | €299,386 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,492 | €9,777 | +€1,285 | +15.1% |
| Amounts payable | 17/49 | €1,457,617 | €1,279,128 | -€178,489 | -12.2% |
| Amounts payable after more than one year | 17 | €677,751 | €585,279 | -€92,472 | -13.6% |
| Financial debts | 170/4 | €677,751 | €585,279 | -€92,472 | -13.6% |
| Amounts payable within one year | 42/48 | €577,907 | €499,487 | -€78,420 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €153,647 | €92,472 | -€61,176 | -39.8% |
| Trade debts | 44 | €50,701 | €5,966 | -€44,735 | -88.2% |
| Suppliers | 440/4 | €50,701 | €5,966 | -€44,735 | -88.2% |
| Taxes, remuneration and social security | 45 | €2,687 | €7,537 | +€4,849 | +180% |
| Taxes | 450/3 | €2,687 | €7,537 | +€4,849 | +180% |
| Other amounts payable | 47/48 | €370,871 | €393,512 | +€22,641 | +6.1% |
| Accrued charges and deferred income | 492/3 | €201,959 | €194,361 | -€7,597 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,755 | €97,948 | +€15,194 | +18.4% |
| Other operating charges | 640/8 | €2,639 | €3,298 | +€659 | +25.0% |
| Gross operating margin | 9900 | €105,128 | €114,068 | +€8,940 | +8.5% |
| Operating profit (loss) | 9901 | €19,734 | €12,821 | -€6,912 | -35.0% |
| Financial income | 75/76B | - | €692 | +€692 | |
| Recurring financial income | 75 | - | €692 | +€692 | |
| Financial charges | 65/66B | €12,897 | €11,747 | -€1,150 | -8.9% |
| Recurring financial charges | 65 | €12,897 | €11,747 | -€1,150 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €6,837 | €1,766 | -€5,070 | -74.2% |
| Income taxes | 67/77 | €2,233 | €481 | -€1,752 | -78.4% |
| Profit (loss) for the period | 9904 | €4,603 | €1,285 | -€3,318 | -72.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,603 | €1,285 | -€3,318 | -72.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.