SANITUGA: 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.
SANITUGA
Largest movements
- Receivables within one year -€16,823
down €16,823 (-30.1%), from €55,809 to €38,986
of which Trade receivables: -€19,336
- Cash +€7,400
up €7,400 (+240.9%), from €3,071 to €10,471
mainly Receivables within one year (+€16,823) and Net result for the year (+€12,020)
- Tangible fixed assets +€2,328
up €2,328 (+1521.9%), from €153 to €2,481
of which Furniture and vehicles: +€2,481
- Trade debts -€16,991
down €16,991 (-82.3%), from €20,635 to €3,644
- Profit (loss) carried forward +€12,020
up €12,020 (+61.3%), from -€19,602 to -€7,582
- Tax, wage and social debts -€2,081
no longer reported in 2025 (was €2,081)
- Gross operating margin +€32,465
up €32,465, from -€19,233 to €13,232
- Depreciation +€703
up €703 (+231.3%), from €304 to €1,008
- Other operating charges -€585
down €585 (-73.2%), from €800 to €214
- Taxes +€486
new in 2025: €486
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 | €59,842 | €52,789 | -€7,052 | -11.8% |
| Fixed assets | 21/28 | €215 | €2,543 | +€2,328 | +1084.7% |
| Tangible fixed assets | 22/27 | €153 | €2,481 | +€2,328 | +1521.9% |
| Plant, machinery and equipment | 23 | €153 | €0 | -€153 | -100.0% |
| Furniture and vehicles | 24 | - | €2,481 | +€2,481 | |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €59,627 | €50,246 | -€9,381 | -15.7% |
| Amounts receivable within one year | 40/41 | €55,809 | €38,986 | -€16,823 | -30.1% |
| Trade receivables | 40 | €36,909 | €17,573 | -€19,336 | -52.4% |
| Other amounts receivable | 41 | €18,899 | €21,413 | +€2,513 | +13.3% |
| Cash at bank and in hand | 54/58 | €3,071 | €10,471 | +€7,400 | +240.9% |
| Deferred charges and accrued income | 490/1 | €747 | €789 | +€42 | +5.6% |
| Total equity and liabilities | 10/49 | €59,842 | €52,789 | -€7,052 | -11.8% |
| Equity | 10/15 | €36,976 | €48,996 | +€12,020 | +32.5% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €48,578 | €48,578 | = | 0.0% |
| Distributable reserves | 133 | €48,578 | €48,578 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,602 | -€7,582 | +€12,020 | +61.3% |
| Amounts payable | 17/49 | €22,866 | €3,794 | -€19,072 | -83.4% |
| Amounts payable within one year | 42/48 | €22,716 | €3,644 | -€19,072 | -84.0% |
| Trade debts | 44 | €20,635 | €3,644 | -€16,991 | -82.3% |
| Suppliers | 440/4 | €20,635 | €3,644 | -€16,991 | -82.3% |
| Taxes, remuneration and social security | 45 | €2,081 | - | -€2,081 | |
| Taxes | 450/3 | €2,081 | - | -€2,081 | |
| Accrued charges and deferred income | 492/3 | €150 | €150 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €304 | €1,008 | +€703 | +231.3% |
| Other operating charges | 640/8 | €800 | €214 | -€585 | -73.2% |
| Gross operating margin | 9900 | -€19,233 | €13,232 | +€32,465 | |
| Operating profit (loss) | 9901 | -€20,336 | €12,010 | +€32,347 | |
| Financial income | 75/76B | €1,018 | €853 | -€165 | -16.2% |
| Recurring financial income | 75 | €1,018 | €853 | -€165 | -16.2% |
| Financial charges | 65/66B | €285 | €357 | +€73 | +25.5% |
| Recurring financial charges | 65 | €285 | €357 | +€73 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | -€19,602 | €12,506 | +€32,109 | |
| Income taxes | 67/77 | - | €486 | +€486 | |
| Profit (loss) for the period | 9904 | -€19,602 | €12,020 | +€31,622 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,602 | €12,020 | +€31,622 |
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 9 October 2026 via checked.be.