SANJON: 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.
SANJON
Largest movements
- Cash +€29,635
up €29,635 (+109%), from €27,075 to €56,710
mainly Net result for the year (+€21,368) and Other debts (+€10,864)
- Tangible fixed assets +€4,999
up €4,999 (+401%), from €1,246 to €6,245
of which Plant, machinery and equipment: +€5,736
- Receivables within one year +€1,544
up €1,544 (+13.3%), from €11,628 to €13,172
of which Trade receivables: +€1,544
- Reserves +€21,368
up €21,368 (+219%), from €9,748 to €31,115
- Other debts +€10,864
up €10,864 (+258%), from €4,208 to €15,072
- Tax, wage and social debts +€5,116
up €5,116 (+113%), from €4,512 to €9,627
- Gross operating margin +€22,584
up €22,584 (+217%), from €10,386 to €32,970
- Taxes +€9,350
new in 2025: €9,350
- Depreciation -€1,167
down €1,167 (-46.9%), from €2,489 to €1,322
- Financial charges +€415
up €415 (+115%), from €359 to €774
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 | €39,999 | €76,274 | +€36,275 | +90.7% |
| Fixed assets | 21/28 | €1,296 | €6,295 | +€4,999 | +386% |
| Tangible fixed assets | 22/27 | €1,246 | €6,245 | +€4,999 | +401% |
| Plant, machinery and equipment | 23 | €508 | €6,245 | +€5,736 | +1,128% |
| Furniture and vehicles | 24 | €237 | - | -€237 | |
| Leasing and similar rights | 25 | €501 | - | -€501 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €38,703 | €69,980 | +€31,276 | +80.8% |
| Amounts receivable within one year | 40/41 | €11,628 | €13,172 | +€1,544 | +13.3% |
| Trade receivables | 40 | €8,212 | €9,756 | +€1,544 | +18.8% |
| Other amounts receivable | 41 | €3,416 | €3,416 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €27,075 | €56,710 | +€29,635 | +109% |
| Deferred charges and accrued income | 490/1 | - | €98 | +€98 | |
| Total equity and liabilities | 10/49 | €39,999 | €76,274 | +€36,275 | +90.7% |
| Equity | 10/15 | €30,208 | €51,575 | +€21,368 | +70.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €9,748 | €31,115 | +€21,368 | +219% |
| Distributable reserves | 133 | €9,748 | €31,115 | +€21,368 | +219% |
| Amounts payable | 17/49 | €9,792 | €24,699 | +€14,908 | +152% |
| Amounts payable within one year | 42/48 | €9,792 | €24,699 | +€14,908 | +152% |
| Current portion of amounts payable after more than one year | 42 | €384 | - | -€384 | |
| Trade debts | 44 | €688 | - | -€688 | |
| Suppliers | 440/4 | €688 | - | -€688 | |
| Taxes, remuneration and social security | 45 | €4,512 | €9,627 | +€5,116 | +113% |
| Taxes | 450/3 | €4,512 | €9,627 | +€5,116 | +113% |
| Other amounts payable | 47/48 | €4,208 | €15,072 | +€10,864 | +258% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,489 | €1,322 | -€1,167 | -46.9% |
| Other operating charges | 640/8 | - | €158 | +€158 | |
| Gross operating margin | 9900 | €10,386 | €32,970 | +€22,584 | +217% |
| Operating profit (loss) | 9901 | €7,897 | €31,491 | +€23,594 | +299% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €359 | €774 | +€415 | +115% |
| Recurring financial charges | 65 | €359 | €774 | +€415 | +115% |
| Profit (loss) for the period before taxes | 9903 | €7,537 | €30,718 | +€23,180 | +308% |
| Income taxes | 67/77 | - | €9,350 | +€9,350 | |
| Profit (loss) for the period | 9904 | €7,537 | €21,368 | +€13,830 | +183% |
| Profit (loss) for the period to be appropriated | 9905 | €7,537 | €21,368 | +€13,830 | +183% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.