SANJE: 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.
SANJE
Largest movements
- Cash +€11,017
up €11,017 (+53.5%), from €20,579 to €31,596
mainly Net result for the year (+€45,572) and Other debts (+€45,114)
- Receivables within one year -€8,492
down €8,492 (-20.2%), from €42,127 to €33,635
of which Other amounts receivable: -€8,718
- Tangible fixed assets +€3,685
up €3,685 (+140%), from €2,630 to €6,315
- Other debts +€45,114
up €45,114 (+2,243%), from €2,012 to €47,125
- Profit (loss) carried forward -€38,928
down €38,928 (-99.0%), from €39,331 to €402
- Tax, wage and social debts +€1,620
up €1,620 (+208%), from €780 to €2,400
- Trade debts -€1,094
down €1,094 (-51.3%), from €2,131 to €1,038
- Gross operating margin +€7,748
up €7,748 (+14.7%), from €52,685 to €60,433
- Taxes +€1,345
up €1,345 (+11.8%), from €11,373 to €12,718
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 | €74,261 | €80,954 | +€6,693 | +9.0% |
| Fixed assets | 21/28 | €7,630 | €11,315 | +€3,685 | +48.3% |
| Tangible fixed assets | 22/27 | €2,630 | €6,315 | +€3,685 | +140% |
| Furniture and vehicles | 24 | €2,630 | €6,315 | +€3,685 | +140% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €66,631 | €69,639 | +€3,008 | +4.5% |
| Amounts receivable within one year | 40/41 | €42,127 | €33,635 | -€8,492 | -20.2% |
| Trade receivables | 40 | €27,500 | €27,726 | +€226 | +0.8% |
| Other amounts receivable | 41 | €14,627 | €5,909 | -€8,718 | -59.6% |
| Cash at bank and in hand | 54/58 | €20,579 | €31,596 | +€11,017 | +53.5% |
| Deferred charges and accrued income | 490/1 | €3,925 | €4,408 | +€483 | +12.3% |
| Total equity and liabilities | 10/49 | €74,261 | €80,954 | +€6,693 | +9.0% |
| Equity | 10/15 | €68,331 | €29,402 | -€38,928 | -57.0% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €25,500 | €25,500 | = | 0.0% |
| Distributable reserves | 133 | €25,500 | €25,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,331 | €402 | -€38,928 | -99.0% |
| Amounts payable | 17/49 | €5,930 | €51,552 | +€45,621 | +769% |
| Amounts payable within one year | 42/48 | €4,923 | €50,563 | +€45,640 | +927% |
| Trade debts | 44 | €2,131 | €1,038 | -€1,094 | -51.3% |
| Suppliers | 440/4 | €2,131 | €1,038 | -€1,094 | -51.3% |
| Taxes, remuneration and social security | 45 | €780 | €2,400 | +€1,620 | +208% |
| Taxes | 450/3 | €780 | €2,400 | +€1,620 | +208% |
| Other amounts payable | 47/48 | €2,012 | €47,125 | +€45,114 | +2,243% |
| Accrued charges and deferred income | 492/3 | €1,007 | €989 | -€19 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,011 | €1,125 | +€114 | +11.3% |
| Other operating charges | 640/8 | €568 | €586 | +€17 | +3.1% |
| Gross operating margin | 9900 | €52,685 | €60,433 | +€7,748 | +14.7% |
| Operating profit (loss) | 9901 | €51,105 | €58,722 | +€7,616 | +14.9% |
| Financial charges | 65/66B | €610 | €432 | -€178 | -29.2% |
| Recurring financial charges | 65 | €610 | €432 | -€178 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €50,495 | €58,290 | +€7,794 | +15.4% |
| Income taxes | 67/77 | €11,373 | €12,718 | +€1,345 | +11.8% |
| Profit (loss) for the period | 9904 | €39,123 | €45,572 | +€6,449 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,123 | €45,572 | +€6,449 | +16.5% |
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 13 October 2026 via checked.be.