SANKALPA: 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.
SANKALPA
Largest movements
- Tangible fixed assets -€11,455
down €11,455 (-14.2%), from €80,467 to €69,012
of which Land and buildings: -€7,360
- Cash -€3,715
down €3,715 (-6.6%), from €56,427 to €52,712
mainly Debts after one year (-€16,177) and Investment in fixed assets (net) (-€9,327)
- Debts after one year -€16,177
down €16,177 (-46.9%), from €34,504 to €18,327
- Reserves +€5,000
up €5,000 (+7.5%), from €66,860 to €71,860
of which Distributable reserves: +€5,000
- Tax, wage and social debts -€3,425
down €3,425 (-21.7%), from €15,807 to €12,382
- Profit (loss) carried forward +€2,511
up €2,511 (+5.7%), from €44,375 to €46,886
- Current portion of long-term debt -€2,444
down €2,444 (-13.1%), from €18,621 to €16,177
- Gross operating margin -€14,996
down €14,996 (-29.5%), from €50,783 to €35,787
- Depreciation -€5,624
down €5,624 (-21.3%), from €26,407 to €20,783
- Taxes -€2,604
down €2,604 (-34.0%), from €7,660 to €5,056
- Other operating charges -€1,525
down €1,525 (-44.0%), from €3,462 to €1,937
- Financial charges -€616
down €616 (-20.4%), from €3,026 to €2,409
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 | €198,227 | €184,978 | -€13,249 | -6.7% |
| Fixed assets | 21/28 | €80,467 | €69,012 | -€11,455 | -14.2% |
| Tangible fixed assets | 22/27 | €80,467 | €69,012 | -€11,455 | -14.2% |
| Land and buildings | 22 | €51,520 | €44,160 | -€7,360 | -14.3% |
| Furniture and vehicles | 24 | €21,167 | €21,229 | +€62 | +0.3% |
| Other tangible fixed assets | 26 | €7,780 | €3,622 | -€4,158 | -53.4% |
| Current assets | 29/58 | €117,760 | €115,966 | -€1,794 | -1.5% |
| Amounts receivable within one year | 40/41 | €39,661 | €40,169 | +€508 | +1.3% |
| Trade receivables | 40 | €1,289 | €1,981 | +€692 | +53.7% |
| Other amounts receivable | 41 | €38,372 | €38,189 | -€183 | -0.5% |
| Cash at bank and in hand | 54/58 | €56,427 | €52,712 | -€3,715 | -6.6% |
| Deferred charges and accrued income | 490/1 | €21,672 | €23,085 | +€1,413 | +6.5% |
| Total equity and liabilities | 10/49 | €198,227 | €184,978 | -€13,249 | -6.7% |
| Equity | 10/15 | €123,635 | €131,146 | +€7,511 | +6.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €66,860 | €71,860 | +€5,000 | +7.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €65,000 | €70,000 | +€5,000 | +7.7% |
| Profit (loss) carried forward | 14 | €44,375 | €46,886 | +€2,511 | +5.7% |
| Amounts payable | 17/49 | €74,592 | €53,832 | -€20,760 | -27.8% |
| Amounts payable after more than one year | 17 | €34,504 | €18,327 | -€16,177 | -46.9% |
| Financial debts | 170/4 | €34,504 | €18,327 | -€16,177 | -46.9% |
| Amounts payable within one year | 42/48 | €35,101 | €30,905 | -€4,196 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €18,621 | €16,177 | -€2,444 | -13.1% |
| Trade debts | 44 | €673 | €2,346 | +€1,673 | +249% |
| Suppliers | 440/4 | €673 | €2,346 | +€1,673 | +249% |
| Taxes, remuneration and social security | 45 | €15,807 | €12,382 | -€3,425 | -21.7% |
| Taxes | 450/3 | €15,807 | €12,382 | -€3,425 | -21.7% |
| Accrued charges and deferred income | 492/3 | €4,987 | €4,600 | -€387 | -7.8% |
| Non-recurring operating income | 76A | €1,506 | - | -€1,506 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,407 | €20,783 | -€5,624 | -21.3% |
| Other operating charges | 640/8 | €3,462 | €1,937 | -€1,525 | -44.0% |
| Gross operating margin | 9900 | €50,783 | €35,787 | -€14,996 | -29.5% |
| Operating profit (loss) | 9901 | €20,915 | €13,068 | -€7,847 | -37.5% |
| Financial income | 75/76B | €2,325 | €1,909 | -€417 | -17.9% |
| Recurring financial income | 75 | €2,325 | €1,909 | -€417 | -17.9% |
| Financial charges | 65/66B | €3,026 | €2,409 | -€616 | -20.4% |
| Recurring financial charges | 65 | €3,026 | €2,409 | -€616 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €20,215 | €12,567 | -€7,648 | -37.8% |
| Income taxes | 67/77 | €7,660 | €5,056 | -€2,604 | -34.0% |
| Profit (loss) for the period | 9904 | €12,554 | €7,511 | -€5,044 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,554 | €7,511 | -€5,044 | -40.2% |
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 14 October 2026 via checked.be.