SANIWORLD: what changed
Two fiscal 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.
What changed
SANIWORLD
NACE 46.836, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€14,380
2024 · €27,274-€41,654
Equity
€560,354
2024 · €574,734-€14,380
Cash
€116,856
2024 · €134,377-€17,521
Balance sheet total
€2.4m
2024 · €2.4m-€19,992
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Short-term financial debts +€100,000
new in 2025: €100,000
- Trade debts -€56,630
down €56,630 (-11.1%), from €508,830 to €452,200
- Debts after one year -€37,589
down €37,589 (-14.1%), from €266,763 to €229,174
Income statement
- Gross operating margin -€67,387
down €67,387 (-25.0%), from €269,635 to €202,248
- Other operating charges -€11,235
down €11,235 (-75.0%), from €14,972 to €3,737
- Taxes -€6,935
down €6,935 (-74.0%), from €9,376 to €2,441
- Depreciation -€4,913
down €4,913 (-43.2%), from €11,361 to €6,448
- Staff costs -€3,870
down €3,870 (-2.1%), from €187,333 to €183,463
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.
Result 2024
€27,274
Gross operating margin
-€67,387
Staff costs
+€3,870
Depreciation
+€4,913
Other operating charges
+€11,235
Financial income
+€87
Financial charges
-€1,307
Taxes
+€6,935
Result 2025
-€14,380
Cash bridge derived
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.
From operations
-€62,486
Investment
-€1,020
Financing
+€45,985
Cash 2024
€134,377
From operations (derived)
-€62,486
Net result for the year
-€14,380
Depreciation
+€6,448
Stocks and contracts
-€10,496
Receivables within one year
+€9,983
Deferred charges and accrued income
-€2,444
Trade debts
-€56,630
Tax, wage and social debts
+€4,666
Other debts
-€23
Accrued charges and deferred income
+€390
Investment (derived)
-€1,020
Investment in fixed assets (net)
-€1,020
Financing
+€45,985
Debts after one year
-€37,589
Current portion of long-term debt
-€16,426
Short-term financial debts
+€100,000
Cash 2025
€116,856
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,432,363 | €2,412,371 | -€19,992 | -0.8% |
| Fixed assets | 21/28 | €13,281 | €7,853 | -€5,428 | -40.9% |
| Intangible fixed assets | 21 | €4,192 | €859 | -€3,333 | -79.5% |
| Tangible fixed assets | 22/27 | €9,089 | €6,994 | -€2,095 | -23.0% |
| Plant, machinery and equipment | 23 | €662 | €112 | -€550 | -83.1% |
| Furniture and vehicles | 24 | €5,640 | €6,882 | +€1,242 | +22.0% |
| Leasing and similar rights | 25 | €2,787 | - | -€2,787 | |
| Current assets | 29/58 | €2,419,082 | €2,404,518 | -€14,564 | -0.6% |
| Stocks and contracts in progress | 3 | €1,747,745 | €1,758,241 | +€10,496 | +0.6% |
| Stocks | 30/36 | €1,747,745 | €1,758,241 | +€10,496 | +0.6% |
| Amounts receivable within one year | 40/41 | €513,609 | €503,626 | -€9,983 | -1.9% |
| Trade receivables | 40 | €513,609 | €503,626 | -€9,983 | -1.9% |
| Cash at bank and in hand | 54/58 | €134,377 | €116,856 | -€17,521 | -13.0% |
| Deferred charges and accrued income | 490/1 | €23,351 | €25,795 | +€2,444 | +10.5% |
| Total equity and liabilities | 10/49 | €2,432,363 | €2,412,371 | -€19,992 | -0.8% |
| Equity | 10/15 | €574,734 | €560,354 | -€14,380 | -2.5% |
| Contributions | 10/11 | €560,000 | €560,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,734 | €354 | -€14,380 | -97.6% |
| Amounts payable | 17/49 | €1,857,629 | €1,852,017 | -€5,612 | -0.3% |
| Amounts payable after more than one year | 17 | €266,763 | €229,174 | -€37,589 | -14.1% |
| Financial debts | 170/4 | €266,763 | €229,174 | -€37,589 | -14.1% |
| Amounts payable within one year | 42/48 | €1,590,854 | €1,622,441 | +€31,587 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €58,420 | €41,994 | -€16,426 | -28.1% |
| Financial debts | 43 | - | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €508,830 | €452,200 | -€56,630 | -11.1% |
| Suppliers | 440/4 | €508,830 | €452,200 | -€56,630 | -11.1% |
| Taxes, remuneration and social security | 45 | €141,555 | €146,221 | +€4,666 | +3.3% |
| Taxes | 450/3 | €105,885 | €104,301 | -€1,584 | -1.5% |
| Remuneration and social security | 454/9 | €35,670 | €41,920 | +€6,250 | +17.5% |
| Other amounts payable | 47/48 | €882,049 | €882,026 | -€23 | 0.0% |
| Accrued charges and deferred income | 492/3 | €12 | €402 | +€390 | +3250.0% |
| Remuneration, social security and pensions | 62 | €187,333 | €183,463 | -€3,870 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,361 | €6,448 | -€4,913 | -43.2% |
| Other operating charges | 640/8 | €14,972 | €3,737 | -€11,235 | -75.0% |
| Gross operating margin | 9900 | €269,635 | €202,248 | -€67,387 | -25.0% |
| Operating profit (loss) | 9901 | €55,969 | €8,600 | -€47,369 | -84.6% |
| Financial income | 75/76B | €29 | €116 | +€87 | +300.0% |
| Recurring financial income | 75 | €29 | €116 | +€87 | +300.0% |
| Financial charges | 65/66B | €19,348 | €20,655 | +€1,307 | +6.8% |
| Recurring financial charges | 65 | €19,348 | €20,655 | +€1,307 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €36,650 | -€11,939 | -€48,589 | |
| Income taxes | 67/77 | €9,376 | €2,441 | -€6,935 | -74.0% |
| Profit (loss) for the period | 9904 | €27,274 | -€14,380 | -€41,654 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,274 | -€14,380 | -€41,654 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.