Saniweld: 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.
Saniweld
Largest movements
- Tangible fixed assets -€3,976
down €3,976 (-26.9%), from €14,772 to €10,796
of which Plant, machinery and equipment: -€3,628
- Receivables within one year -€3,559
down €3,559 (-9.5%), from €37,328 to €33,769
of which Trade receivables: -€5,149
- Cash -€1,926
down €1,926 (-16.3%), from €11,847 to €9,921
mainly Other debts (-€6,752) and Tax, wage and social debts (-€4,765)
- Deferred charges and accrued income +€765
up €765 (+120%), from €635 to €1,400
- Other debts -€6,752
no longer reported in 2024 (was €6,752)
- Tax, wage and social debts -€4,765
down €4,765 (-63.1%), from €7,549 to €2,784
- Reserves +€4,424
up €4,424 (+9.1%), from €48,602 to €53,027
- Trade debts -€1,359
down €1,359 (-72.3%), from €1,879 to €520
- Gross operating margin +€3,245
up €3,245 (+34.7%), from €9,356 to €12,602
- Depreciation +€1,108
up €1,108 (+38.6%), from €2,868 to €3,976
- Other operating charges +€680
up €680 (+101%), from €671 to €1,351
- Taxes +€375
up €375 (+16.6%), from €2,257 to €2,632
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,835 | €58,384 | -€8,451 | -12.6% |
| Fixed assets | 21/28 | €14,772 | €10,796 | -€3,976 | -26.9% |
| Tangible fixed assets | 22/27 | €14,772 | €10,796 | -€3,976 | -26.9% |
| Plant, machinery and equipment | 23 | €13,830 | €10,202 | -€3,628 | -26.2% |
| Furniture and vehicles | 24 | €942 | €594 | -€348 | -36.9% |
| Current assets | 29/58 | €52,063 | €47,588 | -€4,475 | -8.6% |
| Stocks and contracts in progress | 3 | €2,252 | €2,498 | +€246 | +10.9% |
| Stocks | 30/36 | €2,252 | €2,498 | +€246 | +10.9% |
| Amounts receivable within one year | 40/41 | €37,328 | €33,769 | -€3,559 | -9.5% |
| Trade receivables | 40 | €37,328 | €32,180 | -€5,149 | -13.8% |
| Other amounts receivable | 41 | - | €1,589 | +€1,589 | |
| Cash at bank and in hand | 54/58 | €11,847 | €9,921 | -€1,926 | -16.3% |
| Deferred charges and accrued income | 490/1 | €635 | €1,400 | +€765 | +120% |
| Total equity and liabilities | 10/49 | €66,835 | €58,384 | -€8,451 | -12.6% |
| Equity | 10/15 | €50,602 | €55,027 | +€4,424 | +8.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €48,602 | €53,027 | +€4,424 | +9.1% |
| Distributable reserves | 133 | €48,602 | €53,027 | +€4,424 | +9.1% |
| Amounts payable | 17/49 | €16,232 | €3,357 | -€12,875 | -79.3% |
| Amounts payable within one year | 42/48 | €16,180 | €3,305 | -€12,875 | -79.6% |
| Trade debts | 44 | €1,879 | €520 | -€1,359 | -72.3% |
| Suppliers | 440/4 | €1,879 | €520 | -€1,359 | -72.3% |
| Taxes, remuneration and social security | 45 | €7,549 | €2,784 | -€4,765 | -63.1% |
| Taxes | 450/3 | €7,549 | €2,784 | -€4,765 | -63.1% |
| Other amounts payable | 47/48 | €6,752 | - | -€6,752 | |
| Accrued charges and deferred income | 492/3 | €52 | €52 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,868 | €3,976 | +€1,108 | +38.6% |
| Other operating charges | 640/8 | €671 | €1,351 | +€680 | +101% |
| Gross operating margin | 9900 | €9,356 | €12,602 | +€3,245 | +34.7% |
| Operating profit (loss) | 9901 | €5,818 | €7,275 | +€1,457 | +25.0% |
| Financial income | 75/76B | €10 | €0 | -€10 | -99.1% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -99.1% |
| Financial charges | 65/66B | €237 | €218 | -€19 | -8.1% |
| Recurring financial charges | 65 | €237 | €218 | -€19 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €5,591 | €7,057 | +€1,466 | +26.2% |
| Income taxes | 67/77 | €2,257 | €2,632 | +€375 | +16.6% |
| Profit (loss) for the period | 9904 | €3,334 | €4,424 | +€1,091 | +32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,334 | €4,424 | +€1,091 | +32.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.