SANIVI: 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.
SANIVI
Largest movements
- Receivables within one year +€193,596
up €193,596 (+79.8%), from €242,590 to €436,187
of which Other amounts receivable: +€208,596
- Cash -€111,114
down €111,114 (-54.6%), from €203,528 to €92,414
mainly Receivables within one year (-€193,596) and Trade debts (-€21,348)
- Tangible fixed assets -€50,130
down €50,130 (-11.4%), from €441,630 to €391,500
- Reserves +€55,030
up €55,030 (+8.6%), from €636,960 to €691,990
of which Distributable reserves: +€52,279
- Trade debts -€21,348
down €21,348 (-99.4%), from €21,477 to €130
- Gross operating margin +€4,832
up €4,832 (+3.4%), from €141,246 to €146,078
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 | €890,341 | €923,120 | +€32,779 | +3.7% |
| Fixed assets | 21/28 | €441,630 | €391,500 | -€50,130 | -11.4% |
| Tangible fixed assets | 22/27 | €441,630 | €391,500 | -€50,130 | -11.4% |
| Land and buildings | 22 | €441,630 | €391,500 | -€50,130 | -11.4% |
| Current assets | 29/58 | €448,711 | €531,620 | +€82,909 | +18.5% |
| Amounts receivable within one year | 40/41 | €242,590 | €436,187 | +€193,596 | +79.8% |
| Trade receivables | 40 | €30,000 | €15,000 | -€15,000 | -50.0% |
| Other amounts receivable | 41 | €212,590 | €421,187 | +€208,596 | +98.1% |
| Cash at bank and in hand | 54/58 | €203,528 | €92,414 | -€111,114 | -54.6% |
| Deferred charges and accrued income | 490/1 | €2,593 | €3,020 | +€427 | +16.5% |
| Total equity and liabilities | 10/49 | €890,341 | €923,120 | +€32,779 | +3.7% |
| Equity | 10/15 | €867,960 | €922,990 | +€55,030 | +6.3% |
| Contributions | 10/11 | €231,000 | €231,000 | = | 0.0% |
| Capital | 10 | €231,000 | €231,000 | = | 0.0% |
| Issued capital | 100 | €231,000 | €231,000 | = | 0.0% |
| Reserves | 13 | €636,960 | €691,990 | +€55,030 | +8.6% |
| Non-distributable reserves | 130/1 | €19,052 | €21,803 | +€2,752 | +14.4% |
| Legal reserve | 130 | €19,052 | €21,803 | +€2,752 | +14.4% |
| Tax-exempt reserves | 132 | €55,096 | €55,096 | = | 0.0% |
| Distributable reserves | 133 | €562,812 | €615,091 | +€52,279 | +9.3% |
| Amounts payable | 17/49 | €22,381 | €130 | -€22,251 | -99.4% |
| Amounts payable within one year | 42/48 | €21,477 | €130 | -€21,348 | -99.4% |
| Trade debts | 44 | €21,477 | €130 | -€21,348 | -99.4% |
| Suppliers | 440/4 | €21,477 | €130 | -€21,348 | -99.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €904 | €0 | -€904 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,130 | €50,130 | = | 0.0% |
| Other operating charges | 640/8 | €22,441 | €22,336 | -€105 | -0.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €141,246 | €146,078 | +€4,832 | +3.4% |
| Operating profit (loss) | 9901 | €68,674 | €73,612 | +€4,938 | +7.2% |
| Financial income | 75/76B | €209 | €0 | -€209 | -100% |
| Recurring financial income | 75 | €209 | €0 | -€209 | -100% |
| Financial charges | 65/66B | €867 | €238 | -€629 | -72.5% |
| Recurring financial charges | 65 | €867 | €238 | -€629 | -72.5% |
| Profit (loss) for the period before taxes | 9903 | €68,017 | €73,374 | +€5,357 | +7.9% |
| Income taxes | 67/77 | €17,203 | €18,343 | +€1,141 | +6.6% |
| Profit (loss) for the period | 9904 | €50,814 | €55,030 | +€4,216 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €50,814 | €55,030 | +€4,216 | +8.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.