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Sanjoya: 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

Sanjoya

BE 0504.858.769
NACE 47.770, Retail sale of watches and jewellery
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€5,799
2023 · €22,464-€16,665
Equity
€154,714
2023 · €148,915+€5,799
Cash
€24,714
2023 · €29,339-€4,625
Balance sheet total
€243,742
2023 · €244,924-€1,182

Largest movements

2023 to 2024
Assets
  • Stocks and contracts +€7,905

    up €7,905 (+5.2%), from €151,052 to €158,956

  • Cash -€4,625

    down €4,625 (-15.8%), from €29,339 to €24,714

    mainly Trade debts (-€18,070) and Stocks and contracts (-€7,905)

  • Tangible fixed assets -€4,389

    down €4,389 (-25.2%), from €17,385 to €12,997

    of which Plant, machinery and equipment: -€3,103

  • Deferred charges and accrued income -€2,626

    down €2,626 (-53.1%), from €4,949 to €2,324

  • Receivables within one year +€2,553

    up €2,553 (+6.3%), from €40,708 to €43,261

    of which Trade receivables: +€7,553

Equity and liabilities
  • Trade debts -€18,070

    down €18,070 (-62.9%), from €28,745 to €10,675

  • Other debts +€12,091

    up €12,091 (+24.9%), from €48,610 to €60,702

  • Reserves +€5,799

    up €5,799 (+11.5%), from €50,365 to €56,164

  • Current portion of long-term debt -€5,368

    down €5,368 (-100.0%), from €5,368 to €0

  • Advances received +€2,965

    new in 2024: €2,965

Income statement
  • Gross operating margin -€24,190

    down €24,190 (-53.6%), from €45,154 to €20,963

  • Taxes -€7,540

    down €7,540 (-68.6%), from €10,996 to €3,456

  • Financial charges -€973

    down €973 (-19.8%), from €4,926 to €3,952

  • Financial income -€579

    down €579 (-59.5%), from €973 to €394

  • Other operating charges +€526

    up €526 (+28.0%), from €1,878 to €2,405

From the 2023 result to the 2024 result

effect on the 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 2023 €22,464
Gross operating margin -€24,190
Depreciation +€118
Other operating charges -€526
Financial income -€579
Financial charges +€973
Taxes +€7,540
Result 2024 €5,799

Cash bridge derived

cash 2023 to 2024

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.

From operations +€2,099
Investment -€1,356
Financing -€5,368
Cash 2023 €29,339
Net result for the year +€5,799
Depreciation +€5,745
Stocks and contracts -€7,905
Receivables within one year -€2,553
Deferred charges and accrued income +€2,626
Trade debts -€18,070
Tax, wage and social debts +€1,401
Advances received +€2,965
Other debts +€12,091
Investment in fixed assets (net) -€1,356
Current portion of long-term debt -€5,368
Cash 2024 €24,714
Every line side by side 46 lines
Line Code 2023 2024 Change %
Total assets 20/58 €244,924 €243,742 -€1,182 -0.5%
Fixed assets 21/28 €18,876 €14,487 -€4,389 -23.3%
Intangible fixed assets 21 €0 - =
Tangible fixed assets 22/27 €17,385 €12,997 -€4,389 -25.2%
Land and buildings 22 €3,144 €2,358 -€786 -25.0%
Plant, machinery and equipment 23 €12,741 €9,639 -€3,103 -24.4%
Furniture and vehicles 24 €0 - =
Other tangible fixed assets 26 €1,500 €1,000 -€500 -33.3%
Financial fixed assets 28 €1,491 €1,491 = 0.0%
Current assets 29/58 €226,048 €229,255 +€3,206 +1.4%
Stocks and contracts in progress 3 €151,052 €158,956 +€7,905 +5.2%
Stocks 30/36 €151,052 €158,956 +€7,905 +5.2%
Amounts receivable within one year 40/41 €40,708 €43,261 +€2,553 +6.3%
Trade receivables 40 €35,708 €43,261 +€7,553 +21.2%
Other amounts receivable 41 €5,000 €0 -€5,000 -100.0%
Cash at bank and in hand 54/58 €29,339 €24,714 -€4,625 -15.8%
Deferred charges and accrued income 490/1 €4,949 €2,324 -€2,626 -53.1%
Total equity and liabilities 10/49 €244,924 €243,742 -€1,182 -0.5%
Equity 10/15 €148,915 €154,714 +€5,799 +3.9%
Contributions 10/11 €98,550 €98,550 = 0.0%
Reserves 13 €50,365 €56,164 +€5,799 +11.5%
Distributable reserves 133 €50,365 €56,164 +€5,799 +11.5%
Profit (loss) carried forward 14 €0 - =
Amounts payable 17/49 €96,010 €89,028 -€6,982 -7.3%
Amounts payable after more than one year 17 €0 - =
Financial debts 170/4 €0 - =
Amounts payable within one year 42/48 €96,010 €89,028 -€6,982 -7.3%
Current portion of amounts payable after more than one year 42 €5,368 €0 -€5,368 -100.0%
Trade debts 44 €28,745 €10,675 -€18,070 -62.9%
Suppliers 440/4 €28,745 €10,675 -€18,070 -62.9%
Advances received on contracts in progress 46 - €2,965 +€2,965
Taxes, remuneration and social security 45 €13,286 €14,687 +€1,401 +10.5%
Taxes 450/3 €13,286 €14,687 +€1,401 +10.5%
Other amounts payable 47/48 €48,610 €60,702 +€12,091 +24.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,863 €5,745 -€118 -2.0%
Other operating charges 640/8 €1,878 €2,405 +€526 +28.0%
Gross operating margin 9900 €45,154 €20,963 -€24,190 -53.6%
Operating profit (loss) 9901 €37,413 €12,814 -€24,599 -65.7%
Financial income 75/76B €973 €394 -€579 -59.5%
Recurring financial income 75 €973 €394 -€579 -59.5%
Financial charges 65/66B €4,926 €3,952 -€973 -19.8%
Recurring financial charges 65 €4,926 €3,952 -€973 -19.8%
Profit (loss) for the period before taxes 9903 €33,460 €9,255 -€24,205 -72.3%
Income taxes 67/77 €10,996 €3,456 -€7,540 -68.6%
Profit (loss) for the period 9904 €22,464 €5,799 -€16,665 -74.2%
Profit (loss) for the period to be appropriated 9905 €22,464 €5,799 -€16,665 -74.2%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.