SANIVET: 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.
SANIVET
Largest movements
- Receivables within one year +€180,558
up €180,558 (+995%), from €18,150 to €198,708
of which Trade receivables: +€180,016
- Cash +€117,742
up €117,742 (+16.9%), from €696,001 to €813,743
mainly Net result for the year (+€336,589) and Other debts (+€47,500)
- Tangible fixed assets -€20,554
down €20,554 (-3.1%), from €654,724 to €634,170
of which Land and buildings: -€19,252
- Reserves +€185,000
up €185,000 (+21.5%), from €861,360 to €1.0m
of which Distributable reserves: +€185,000
- Other debts +€47,500
up €47,500 (+49.6%), from €95,791 to €143,291
- Tax, wage and social debts +€33,609
up €33,609 (+277%), from €12,112 to €45,722
- Gross operating margin +€413,131
up €413,131 (+425%), from €97,156 to €510,287
- Taxes +€140,457
up €140,457 (+497%), from €28,283 to €168,739
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 | €1,378,417 | €1,648,142 | +€269,724 | +19.6% |
| Fixed assets | 21/28 | €655,724 | €635,170 | -€20,554 | -3.1% |
| Tangible fixed assets | 22/27 | €654,724 | €634,170 | -€20,554 | -3.1% |
| Land and buildings | 22 | €649,517 | €630,264 | -€19,252 | -3.0% |
| Furniture and vehicles | 24 | €5,207 | €3,905 | -€1,302 | -25.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €722,694 | €1,012,972 | +€290,278 | +40.2% |
| Amounts receivable within one year | 40/41 | €18,150 | €198,708 | +€180,558 | +995% |
| Trade receivables | 40 | €18,150 | €198,166 | +€180,016 | +992% |
| Other amounts receivable | 41 | - | €542 | +€542 | |
| Cash at bank and in hand | 54/58 | €696,001 | €813,743 | +€117,742 | +16.9% |
| Deferred charges and accrued income | 490/1 | €8,543 | €521 | -€8,022 | -93.9% |
| Total equity and liabilities | 10/49 | €1,378,417 | €1,648,142 | +€269,724 | +19.6% |
| Equity | 10/15 | €1,268,042 | €1,454,631 | +€186,589 | +14.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €861,360 | €1,046,360 | +€185,000 | +21.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €859,500 | €1,044,500 | +€185,000 | +21.5% |
| Profit (loss) carried forward | 14 | €388,082 | €389,671 | +€1,589 | +0.4% |
| Amounts payable | 17/49 | €110,375 | €193,510 | +€83,135 | +75.3% |
| Amounts payable within one year | 42/48 | €107,904 | €189,013 | +€81,109 | +75.2% |
| Taxes, remuneration and social security | 45 | €12,112 | €45,722 | +€33,609 | +277% |
| Taxes | 450/3 | €12,112 | €45,722 | +€33,609 | +277% |
| Other amounts payable | 47/48 | €95,791 | €143,291 | +€47,500 | +49.6% |
| Accrued charges and deferred income | 492/3 | €2,472 | €4,497 | +€2,025 | +81.9% |
| Non-recurring operating income | 76A | - | €1,316 | +€1,316 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,528 | €21,870 | -€658 | -2.9% |
| Other operating charges | 640/8 | €3,862 | €2,997 | -€865 | -22.4% |
| Gross operating margin | 9900 | €97,156 | €510,287 | +€413,131 | +425% |
| Operating profit (loss) | 9901 | €70,766 | €485,420 | +€414,654 | +586% |
| Financial income | 75/76B | €17,068 | €19,962 | +€2,894 | +17.0% |
| Recurring financial income | 75 | €17,068 | €19,962 | +€2,894 | +17.0% |
| Financial charges | 65/66B | €48 | €53 | +€4 | +8.9% |
| Recurring financial charges | 65 | €48 | €53 | +€4 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €87,785 | €505,329 | +€417,544 | +476% |
| Income taxes | 67/77 | €28,283 | €168,739 | +€140,457 | +497% |
| Profit (loss) for the period | 9904 | €59,503 | €336,589 | +€277,087 | +466% |
| Profit (loss) for the period to be appropriated | 9905 | €59,503 | €336,589 | +€277,087 | +466% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.