SANKAR: 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.
SANKAR
Largest movements
- Formation expenses -€435
down €435 (-66.7%), from €652 to €217
- Cash -€150
down €150 (-15.4%), from €972 to €822
mainly Net result for the year (-€585)
- Profit (loss) carried forward -€585
down €585 (-53.1%), from -€1,102 to -€1,686
No income-statement line moved by more than 1% of the activity.
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 | €1,623 | €1,039 | -€585 | -36.0% |
| Formation expenses | 20 | €652 | €217 | -€435 | -66.7% |
| Current assets | 29/58 | €972 | €822 | -€150 | -15.4% |
| Cash at bank and in hand | 54/58 | €972 | €822 | -€150 | -15.4% |
| Total equity and liabilities | 10/49 | €1,623 | €1,039 | -€585 | -36.0% |
| Equity | 10/15 | €473 | -€111 | -€585 | |
| Contributions | 10/11 | €1,575 | €1,575 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,102 | -€1,686 | -€585 | -53.1% |
| Amounts payable | 17/49 | €1,150 | €1,150 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,150 | €1,150 | = | 0.0% |
| Other amounts payable | 47/48 | €1,150 | €1,150 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €435 | €435 | = | 0.0% |
| Operating profit (loss) | 9901 | -€435 | -€435 | = | 0.0% |
| Financial charges | 65/66B | €137 | €150 | +€13 | +9.4% |
| Recurring financial charges | 65 | €137 | €150 | +€13 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | -€572 | -€585 | -€13 | -2.3% |
| Profit (loss) for the period | 9904 | -€572 | -€585 | -€13 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€572 | -€585 | -€13 | -2.3% |
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.