SANIV: 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.
SANIV
Largest movements
- Current assets +€73,984
up €73,984 (+48.9%), from €151,169 to €225,153
of which Receivables within one year: +€73,049
- Tangible fixed assets -€5,405
down €5,405 (-24.4%), from €22,183 to €16,778
- Debts +€38,798
up €38,798 (+17.1%), from €227,031 to €265,830
- Equity +€29,781
up €29,781 (+55.5%), from -€53,679 to -€23,899
of which Profit (loss) carried forward: +€29,781
- Taxes +€15,153
up €15,153 (+80.7%), from €18,768 to €33,920
- Gross operating margin +€13,142
up €13,142 (+24.1%), from €54,448 to €67,590
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,352 | €241,931 | +€68,579 | +39.6% |
| Fixed assets | 21/28 | €22,183 | €16,778 | -€5,405 | -24.4% |
| Tangible fixed assets | 22/27 | €22,183 | €16,778 | -€5,405 | -24.4% |
| Current assets | 29/58 | €151,169 | €225,153 | +€73,984 | +48.9% |
| Amounts receivable within one year | 40/41 | €149,283 | €222,332 | +€73,049 | +48.9% |
| Cash at bank and in hand | 54/58 | €25 | €960 | +€935 | +3,749% |
| Total equity and liabilities | 10/49 | €173,352 | €241,931 | +€68,579 | +39.6% |
| Equity | 10/15 | -€53,679 | -€23,899 | +€29,781 | +55.5% |
| Contributions | 10/11 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,130 | -€44,350 | +€29,781 | +40.2% |
| Amounts payable | 17/49 | €227,031 | €265,830 | +€38,798 | +17.1% |
| Amounts payable within one year | 42/48 | €223,852 | €262,651 | +€38,798 | +17.3% |
| Trade debts | 44 | €51,281 | €5,307 | -€45,974 | -89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,405 | €5,405 | -€0 | 0.0% |
| Gross operating margin | 9900 | €54,448 | €67,590 | +€13,142 | +24.1% |
| Operating profit (loss) | 9901 | €44,875 | €58,462 | +€13,587 | +30.3% |
| Recurring financial income | 75 | €3,964 | €5,853 | +€1,889 | +47.7% |
| Recurring financial charges | 65 | €813 | €614 | -€198 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €48,027 | €63,701 | +€15,674 | +32.6% |
| Income taxes | 67/77 | €18,768 | €33,920 | +€15,153 | +80.7% |
| Profit (loss) for the period | 9904 | €29,259 | €29,781 | +€522 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,259 | €29,781 | +€522 | +1.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.