SANITECH CONCEPT: 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.
SANITECH CONCEPT
Largest movements
- Cash -€7,551
down €7,551 (-40.7%), from €18,551 to €11,000
mainly Trade debts (-€9,486) and Receivables within one year (-€5,425)
- Receivables within one year +€5,425
up €5,425 (+32.6%), from €16,641 to €22,065
of which Trade receivables: +€4,611
- Tangible fixed assets -€1,500
no longer reported in 2025 (was €1,500)
- Trade debts -€9,486
down €9,486 (-52.9%), from €17,927 to €8,441
of which Bills of exchange payable: -€13,431
- Profit (loss) carried forward +€7,910
up €7,910 (+73.7%), from €10,727 to €18,637
- Other debts -€1,341
no longer reported in 2025 (was €1,341)
- Tax, wage and social debts -€710
down €710 (-26.3%), from €2,698 to €1,988
- Turnover -€151,310
no longer reported in 2025 (was €151,310)
- Purchases and services -€135,743
no longer reported in 2025 (was €135,743)
- Gross operating margin -€3,570
down €3,570 (-22.9%), from €15,567 to €11,997
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 | €36,692 | €33,066 | -€3,627 | -9.9% |
| Fixed assets | 21/28 | €1,500 | - | -€1,500 | |
| Tangible fixed assets | 22/27 | €1,500 | - | -€1,500 | |
| Furniture and vehicles | 24 | €1,500 | - | -€1,500 | |
| Current assets | 29/58 | €35,192 | €33,066 | -€2,127 | -6.0% |
| Amounts receivable within one year | 40/41 | €16,641 | €22,065 | +€5,425 | +32.6% |
| Trade receivables | 40 | €16,386 | €20,997 | +€4,611 | +28.1% |
| Other amounts receivable | 41 | €255 | €1,068 | +€813 | +319% |
| Cash at bank and in hand | 54/58 | €18,551 | €11,000 | -€7,551 | -40.7% |
| Total equity and liabilities | 10/49 | €36,692 | €33,066 | -€3,627 | -9.9% |
| Equity | 10/15 | €14,727 | €22,637 | +€7,910 | +53.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,727 | €18,637 | +€7,910 | +73.7% |
| Amounts payable | 17/49 | €21,965 | €10,429 | -€11,537 | -52.5% |
| Amounts payable within one year | 42/48 | €21,965 | €10,429 | -€11,537 | -52.5% |
| Trade debts | 44 | €17,927 | €8,441 | -€9,486 | -52.9% |
| Suppliers | 440/4 | €3,760 | €7,705 | +€3,945 | +105% |
| Bills of exchange payable | 441 | €14,167 | €736 | -€13,431 | -94.8% |
| Taxes, remuneration and social security | 45 | €2,698 | €1,988 | -€710 | -26.3% |
| Taxes | 450/3 | €2,698 | €1,988 | -€710 | -26.3% |
| Other amounts payable | 47/48 | €1,341 | - | -€1,341 | |
| Turnover | 70 | €151,310 | - | -€151,310 | |
| Goods, raw materials, services and sundry goods | 60/61 | €135,743 | - | -€135,743 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,500 | €1,500 | = | 0.0% |
| Other operating charges | 640/8 | €629 | €553 | -€77 | -12.2% |
| Gross operating margin | 9900 | €15,567 | €11,997 | -€3,570 | -22.9% |
| Operating profit (loss) | 9901 | €13,438 | €9,944 | -€3,493 | -26.0% |
| Financial charges | 65/66B | €13 | €46 | +€33 | +258% |
| Recurring financial charges | 65 | €13 | €46 | +€33 | +258% |
| Profit (loss) for the period before taxes | 9903 | €13,425 | €9,898 | -€3,527 | -26.3% |
| Income taxes | 67/77 | €2,698 | €1,988 | -€710 | -26.3% |
| Profit (loss) for the period | 9904 | €10,727 | €7,910 | -€2,817 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,727 | €7,910 | -€2,817 | -26.3% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.