SANIVIDAK: what changed
What changed
SANIVIDAK
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
-€43,943
2024 · -€45,091+€1,148
Equity
€779,068
2024 · €823,011-€43,943
Cash
€169,272
2024 · €332,952-€163,680
Balance sheet total
€1.5m
2024 · €1.6m-€94,546
Largest movements
Assets
- Receivables within one year +€174,897
up €174,897 (+61.8%), from €283,028 to €457,925
of which Trade receivables: +€198,942
- Cash -€163,680
down €163,680 (-49.2%), from €332,952 to €169,272
mainly Short-term financial debts (-€185,032) and Receivables within one year (-€174,897)
- Tangible fixed assets -€75,762
down €75,762 (-17.1%), from €442,871 to €367,109
of which Furniture and vehicles: -€46,633
- Stocks and contracts -€48,280
down €48,280 (-9.3%), from €518,768 to €470,489
of which Contracts in progress: -€118,960
- Receivables after one year +€22,012
up €22,012 (+39.3%), from €55,993 to €78,006
Equity and liabilities
- Short-term financial debts -€185,032
down €185,032 (-98.7%), from €187,532 to €2,500
- Debts after one year +€143,773
up €143,773 (+67.8%), from €211,923 to €355,695
- Profit (loss) carried forward -€43,943
down €43,943 (-10.7%), from €410,929 to €366,986
- Trade debts +€28,546
up €28,546 (+13.3%), from €215,090 to €243,635
- Accrued charges and deferred income -€21,476
down €21,476 (-100%), from €21,476 to €0
Income statement
- Gross operating margin +€54,837
up €54,837 (+11.1%), from €495,276 to €550,113
- Staff costs +€32,385
up €32,385 (+7.2%), from €448,324 to €480,709
- Depreciation +€22,251
up €22,251 (+37.0%), from €60,062 to €82,313
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€45,091
Gross operating margin
+€54,837
Staff costs
-€32,385
Depreciation
-€22,251
Other operating charges
-€1,303
Financial income
+€641
Financial charges
+€1,497
Taxes
+€113
Result 2025
-€43,943
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€108,943
Investment
-€6,551
Financing
-€48,186
Cash 2024
€332,952
From operations (derived)
-€108,943
Net result for the year
-€43,943
Depreciation
+€82,313
Receivables after one year
-€22,012
Stocks and contracts
+€48,280
Receivables within one year
-€174,897
Deferred charges and accrued income
+€3,734
Trade debts
+€28,546
Tax, wage and social debts
+€16,963
Advances received
-€20,000
Other debts
-€6,450
Accrued charges and deferred income
-€21,476
Investment (derived)
-€6,551
Investment in fixed assets (net)
-€6,551
Financing
-€48,186
Debts after one year
+€143,773
Current portion of long-term debt
-€6,927
Short-term financial debts
-€185,032
Cash 2025
€169,272
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,642,018 | €1,547,472 | -€94,546 | -5.8% |
| Fixed assets | 21/28 | €443,160 | €367,398 | -€75,762 | -17.1% |
| Tangible fixed assets | 22/27 | €442,871 | €367,109 | -€75,762 | -17.1% |
| Land and buildings | 22 | €124,325 | €117,869 | -€6,456 | -5.2% |
| Plant, machinery and equipment | 23 | €44,398 | €21,725 | -€22,673 | -51.1% |
| Furniture and vehicles | 24 | €274,148 | €227,515 | -€46,633 | -17.0% |
| Financial fixed assets | 28 | €289 | €289 | = | 0.0% |
| Current assets | 29/58 | €1,198,859 | €1,180,074 | -€18,784 | -1.6% |
| Amounts receivable after more than one year | 29 | €55,993 | €78,006 | +€22,012 | +39.3% |
| Other amounts receivable | 291 | €55,993 | €78,006 | +€22,012 | +39.3% |
| Stocks and contracts in progress | 3 | €518,768 | €470,489 | -€48,280 | -9.3% |
| Stocks | 30/36 | €179,657 | €250,337 | +€70,680 | +39.3% |
| Contracts in progress | 37 | €339,111 | €220,152 | -€118,960 | -35.1% |
| Amounts receivable within one year | 40/41 | €283,028 | €457,925 | +€174,897 | +61.8% |
| Trade receivables | 40 | €220,475 | €419,416 | +€198,942 | +90.2% |
| Other amounts receivable | 41 | €62,553 | €38,509 | -€24,044 | -38.4% |
| Cash at bank and in hand | 54/58 | €332,952 | €169,272 | -€163,680 | -49.2% |
| Deferred charges and accrued income | 490/1 | €8,117 | €4,383 | -€3,734 | -46.0% |
| Total equity and liabilities | 10/49 | €1,642,018 | €1,547,472 | -€94,546 | -5.8% |
| Equity | 10/15 | €823,011 | €779,068 | -€43,943 | -5.3% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Reserves | 13 | €302,082 | €302,082 | = | 0.0% |
| Tax-exempt reserves | 132 | €48,258 | €48,258 | = | 0.0% |
| Distributable reserves | 133 | €253,824 | €253,824 | = | 0.0% |
| Profit (loss) carried forward | 14 | €410,929 | €366,986 | -€43,943 | -10.7% |
| Amounts payable | 17/49 | €819,007 | €768,404 | -€50,603 | -6.2% |
| Amounts payable after more than one year | 17 | €211,923 | €355,695 | +€143,773 | +67.8% |
| Financial debts | 170/4 | €211,923 | €355,695 | +€143,773 | +67.8% |
| Amounts payable within one year | 42/48 | €585,609 | €412,709 | -€172,900 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €48,154 | €41,227 | -€6,927 | -14.4% |
| Financial debts | 43 | €187,532 | €2,500 | -€185,032 | -98.7% |
| Credit institutions | 430/8 | €187,532 | €2,500 | -€185,032 | -98.7% |
| Trade debts | 44 | €215,090 | €243,635 | +€28,546 | +13.3% |
| Suppliers | 440/4 | €215,090 | €243,635 | +€28,546 | +13.3% |
| Advances received on contracts in progress | 46 | €20,000 | €0 | -€20,000 | -100% |
| Taxes, remuneration and social security | 45 | €73,467 | €90,429 | +€16,963 | +23.1% |
| Taxes | 450/3 | €8,076 | €0 | -€8,076 | -100% |
| Remuneration and social security | 454/9 | €65,390 | €90,429 | +€25,039 | +38.3% |
| Other amounts payable | 47/48 | €41,366 | €34,916 | -€6,450 | -15.6% |
| Accrued charges and deferred income | 492/3 | €21,476 | €0 | -€21,476 | -100% |
| Remuneration, social security and pensions | 62 | €448,324 | €480,709 | +€32,385 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,062 | €82,313 | +€22,251 | +37.0% |
| Other operating charges | 640/8 | €11,278 | €12,582 | +€1,303 | +11.6% |
| Gross operating margin | 9900 | €495,276 | €550,113 | +€54,837 | +11.1% |
| Operating profit (loss) | 9901 | -€24,389 | -€25,491 | -€1,103 | -4.5% |
| Financial income | 75/76B | €739 | €1,380 | +€641 | +86.7% |
| Recurring financial income | 75 | €739 | €1,380 | +€641 | +86.7% |
| Financial charges | 65/66B | €20,686 | €19,189 | -€1,497 | -7.2% |
| Recurring financial charges | 65 | €20,686 | €19,189 | -€1,497 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | -€44,336 | -€43,301 | +€1,035 | +2.3% |
| Income taxes | 67/77 | €755 | €642 | -€113 | -15.0% |
| Profit (loss) for the period | 9904 | -€45,091 | -€43,943 | +€1,148 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,091 | -€43,943 | +€1,148 | +2.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.