SANIVIP: 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.
SANIVIP
Largest movements
- Tangible fixed assets -€12,075
down €12,075 (-10.5%), from €115,414 to €103,339
of which Furniture and vehicles: -€7,910
- Stocks and contracts -€11,750
no longer reported in 2025 (was €11,750)
- Cash -€4,243
down €4,243 (-96.1%), from €4,416 to €173
mainly Debts after one year (-€21,178) and Trade debts (-€14,959)
- Debts after one year -€21,178
down €21,178 (-47.3%), from €44,735 to €23,557
- Trade debts -€14,959
down €14,959 (-84.5%), from €17,710 to €2,750
- Tax, wage and social debts +€3,062
up €3,062 (+34.2%), from €8,950 to €12,012
of which Remuneration and social security: +€1,591
- Gross operating margin -€14,270
down €14,270 (-34.4%), from €41,488 to €27,218
- Depreciation -€5,032
down €5,032 (-23.2%), from €21,707 to €16,675
- Staff costs +€3,667
new in 2025: €3,667
- Financial income +€2,273
up €2,273 (+4,052%), from €56 to €2,329
- Taxes -€1,862
down €1,862 (-54.8%), from €3,400 to €1,538
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 | €229,118 | €201,131 | -€27,987 | -12.2% |
| Fixed assets | 21/28 | €115,513 | €103,438 | -€12,075 | -10.5% |
| Tangible fixed assets | 22/27 | €115,414 | €103,339 | -€12,075 | -10.5% |
| Land and buildings | 22 | €76,235 | €74,620 | -€1,615 | -2.1% |
| Plant, machinery and equipment | 23 | €5,899 | €3,348 | -€2,551 | -43.2% |
| Furniture and vehicles | 24 | €33,280 | €25,371 | -€7,910 | -23.8% |
| Financial fixed assets | 28 | €99 | €99 | = | 0.0% |
| Current assets | 29/58 | €113,605 | €97,693 | -€15,912 | -14.0% |
| Stocks and contracts in progress | 3 | €11,750 | - | -€11,750 | |
| Stocks | 30/36 | €11,750 | - | -€11,750 | |
| Amounts receivable within one year | 40/41 | €97,439 | €97,519 | +€81 | +0.1% |
| Trade receivables | 40 | €45,787 | €36,968 | -€8,819 | -19.3% |
| Other amounts receivable | 41 | €51,652 | €60,551 | +€8,900 | +17.2% |
| Cash at bank and in hand | 54/58 | €4,416 | €173 | -€4,243 | -96.1% |
| Total equity and liabilities | 10/49 | €229,118 | €201,131 | -€27,987 | -12.2% |
| Equity | 10/15 | €137,267 | €139,034 | +€1,767 | +1.3% |
| Contributions | 10/11 | €5,949 | €5,949 | = | 0.0% |
| Contributions outside capital | 11 | €5,949 | - | -€5,949 | |
| Other | 1109/19 | €5,949 | - | -€5,949 | |
| Reserves | 13 | €5,620 | €5,620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,698 | €127,465 | +€1,767 | +1.4% |
| Amounts payable | 17/49 | €91,851 | €62,097 | -€29,754 | -32.4% |
| Amounts payable after more than one year | 17 | €44,735 | €23,557 | -€21,178 | -47.3% |
| Financial debts | 170/4 | €44,735 | €23,557 | -€21,178 | -47.3% |
| Amounts payable within one year | 42/48 | €47,116 | €38,539 | -€8,577 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €20,456 | €20,687 | +€231 | +1.1% |
| Financial debts | 43 | - | €2,257 | +€2,257 | |
| Credit institutions | 430/8 | - | €2,257 | +€2,257 | |
| Trade debts | 44 | €17,710 | €2,750 | -€14,959 | -84.5% |
| Suppliers | 440/4 | €17,710 | €2,750 | -€14,959 | -84.5% |
| Taxes, remuneration and social security | 45 | €8,950 | €12,012 | +€3,062 | +34.2% |
| Taxes | 450/3 | €8,950 | €10,421 | +€1,471 | +16.4% |
| Remuneration and social security | 454/9 | - | €1,591 | +€1,591 | |
| Other amounts payable | 47/48 | - | €833 | +€833 | |
| Remuneration, social security and pensions | 62 | - | €3,667 | +€3,667 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,707 | €16,675 | -€5,032 | -23.2% |
| Other operating charges | 640/8 | €3,126 | €2,763 | -€363 | -11.6% |
| Gross operating margin | 9900 | €41,488 | €27,218 | -€14,270 | -34.4% |
| Operating profit (loss) | 9901 | €16,655 | €4,113 | -€12,542 | -75.3% |
| Financial income | 75/76B | €56 | €2,329 | +€2,273 | +4,052% |
| Recurring financial income | 75 | €56 | €2,329 | +€2,273 | +4,052% |
| Financial charges | 65/66B | €2,560 | €2,304 | -€256 | -10.0% |
| Recurring financial charges | 65 | €2,560 | €2,304 | -€256 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €14,152 | €4,138 | -€10,013 | -70.8% |
| Income taxes | 67/77 | €3,400 | €1,538 | -€1,862 | -54.8% |
| Profit (loss) for the period | 9904 | €10,752 | €2,600 | -€8,152 | -75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,752 | €2,600 | -€8,152 | -75.8% |
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 22 October 2026 via checked.be.