"SANITHO": what changed
Two fiscal 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.
"SANITHO"
Largest movements
- Receivables within one year -€9,669
down €9,669 (-35.4%), from €27,310 to €17,641
- Tangible fixed assets -€791
down €791 (-73.5%), from €1,076 to €285
of which Furniture and vehicles: -€708
- Cash +€391
up €391 (+10.9%), from €3,578 to €3,969
mainly Receivables within one year (+€9,669) and Trade debts (+€1,649)
- Profit (loss) carried forward -€6,901
down €6,901 (-5522.2%), from -€125 to -€7,026
- Tax, wage and social debts -€5,362
down €5,362 (-59.0%), from €9,082 to €3,720
of which Taxes: -€6,624
- Trade debts +€1,649
up €1,649 (+42.8%), from €3,857 to €5,506
- Other debts +€546
new in 2024: €546
- Gross operating margin -€9,368
down €9,368, from €4,167 to -€5,200
- Other operating charges -€2,083
no longer reported in 2024 (was €2,083)
- Taxes -€1,368
down €1,368 (-88.5%), from €1,545 to €177
- Financial charges -€177
down €177 (-19.1%), from €927 to €750
- Depreciation +€79
up €79 (+11.0%), from €712 to €791
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.
Cash bridge derived
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 | €32,063 | €21,995 | -€10,068 | -31.4% |
| Fixed assets | 21/28 | €1,176 | €385 | -€791 | -67.3% |
| Tangible fixed assets | 22/27 | €1,076 | €285 | -€791 | -73.5% |
| Plant, machinery and equipment | 23 | €309 | €227 | -€82 | -26.7% |
| Furniture and vehicles | 24 | €767 | €58 | -€708 | -92.4% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €30,888 | €21,610 | -€9,277 | -30.0% |
| Amounts receivable within one year | 40/41 | €27,310 | €17,641 | -€9,669 | -35.4% |
| Trade receivables | 40 | €27,310 | €17,641 | -€9,669 | -35.4% |
| Cash at bank and in hand | 54/58 | €3,578 | €3,969 | +€391 | +10.9% |
| Total equity and liabilities | 10/49 | €32,063 | €21,995 | -€10,068 | -31.4% |
| Equity | 10/15 | €19,125 | €12,224 | -€6,901 | -36.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €658 | €658 | = | 0.0% |
| Non-distributable reserves | 130/1 | €658 | €658 | = | 0.0% |
| Reserves not available under the articles | 1311 | €658 | €658 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125 | -€7,026 | -€6,901 | -5522.2% |
| Amounts payable | 17/49 | €12,939 | €9,772 | -€3,167 | -24.5% |
| Amounts payable within one year | 42/48 | €12,939 | €9,772 | -€3,167 | -24.5% |
| Trade debts | 44 | €3,857 | €5,506 | +€1,649 | +42.8% |
| Suppliers | 440/4 | €3,857 | €5,506 | +€1,649 | +42.8% |
| Taxes, remuneration and social security | 45 | €9,082 | €3,720 | -€5,362 | -59.0% |
| Taxes | 450/3 | €6,794 | €170 | -€6,624 | -97.5% |
| Remuneration and social security | 454/9 | €2,288 | €3,550 | +€1,262 | +55.2% |
| Other amounts payable | 47/48 | - | €546 | +€546 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €712 | €791 | +€79 | +11.0% |
| Other operating charges | 640/8 | €2,083 | - | -€2,083 | |
| Gross operating margin | 9900 | €4,167 | -€5,200 | -€9,368 | |
| Operating profit (loss) | 9901 | €1,372 | -€5,991 | -€7,363 | |
| Financial income | 75/76B | €48 | €17 | -€31 | -64.2% |
| Recurring financial income | 75 | €48 | €17 | -€31 | -64.2% |
| Financial charges | 65/66B | €927 | €750 | -€177 | -19.1% |
| Recurring financial charges | 65 | €927 | €750 | -€177 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €494 | -€6,724 | -€7,218 | |
| Income taxes | 67/77 | €1,545 | €177 | -€1,368 | -88.5% |
| Profit (loss) for the period | 9904 | -€1,051 | -€6,901 | -€5,850 | -556.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,051 | -€6,901 | -€5,850 | -556.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.