SANKTA: 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.
SANKTA
Largest movements
- Cash +€67,957
up €67,957 (+122.7%), from €55,388 to €123,345
mainly Net result for the year (+€49,569) and Debts after one year (+€40,320)
- Stocks and contracts +€27,101
up €27,101 (+15.2%), from €178,821 to €205,922
- Intangible fixed assets +€19,741
up €19,741 (+731.4%), from €2,699 to €22,440
- Receivables within one year +€12,594
up €12,594 (+54.6%), from €23,077 to €35,671
of which Trade receivables: +€12,594
- Deferred charges and accrued income -€4,095
down €4,095 (-67.5%), from €6,064 to €1,969
- Profit (loss) carried forward +€49,569
up €49,569 (+607.7%), from €8,157 to €57,726
- Debts after one year +€40,320
new in 2025: €40,320
- Tax, wage and social debts +€14,686
up €14,686 (+50.5%), from €29,079 to €43,765
of which Taxes: +€14,286
- Other debts -€14,271
down €14,271 (-10.6%), from €134,091 to €119,820
- Current portion of long-term debt +€11,414
new in 2025: €11,414
- Purchases and services +€158,560
up €158,560 (+28.9%), from €548,311 to €706,871
- Gross operating margin +€58,361
up €58,361 (+391.4%), from €14,910 to €73,271
- Taxes +€10,184
up €10,184 (+865.3%), from €1,177 to €11,361
- Depreciation +€3,813
up €3,813 (+138.6%), from €2,751 to €6,564
- Financial charges +€2,452
up €2,452 (+56.3%), from €4,353 to €6,805
From the 31-12-2024 result to the 31-12-2025 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.
Cash bridge derived
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €283,370 | €405,434 | +€122,064 | +43.1% |
| Formation expenses | 20 | €1,026 | €540 | -€486 | -47.4% |
| Fixed assets | 21/28 | €18,994 | €37,987 | +€18,993 | +100.0% |
| Intangible fixed assets | 21 | €2,699 | €22,440 | +€19,741 | +731.4% |
| Tangible fixed assets | 22/27 | €16,295 | €15,547 | -€748 | -4.6% |
| Plant, machinery and equipment | 23 | €6,339 | €6,908 | +€569 | +9.0% |
| Furniture and vehicles | 24 | €703 | €478 | -€225 | -32.0% |
| Other tangible fixed assets | 26 | €9,253 | €8,161 | -€1,092 | -11.8% |
| Current assets | 29/58 | €263,350 | €366,907 | +€103,557 | +39.3% |
| Stocks and contracts in progress | 3 | €178,821 | €205,922 | +€27,101 | +15.2% |
| Stocks | 30/36 | €178,821 | €205,922 | +€27,101 | +15.2% |
| Amounts receivable within one year | 40/41 | €23,077 | €35,671 | +€12,594 | +54.6% |
| Trade receivables | 40 | €17,227 | €29,821 | +€12,594 | +73.1% |
| Other amounts receivable | 41 | €5,850 | €5,850 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €55,388 | €123,345 | +€67,957 | +122.7% |
| Deferred charges and accrued income | 490/1 | €6,064 | €1,969 | -€4,095 | -67.5% |
| Total equity and liabilities | 10/49 | €283,370 | €405,434 | +€122,064 | +43.1% |
| Equity | 10/15 | €48,677 | €98,006 | +€49,329 | +101.3% |
| Contributions | 10/11 | €38,600 | €38,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,157 | €57,726 | +€49,569 | +607.7% |
| Investment grants | 15 | €1,920 | €1,680 | -€240 | -12.5% |
| Provisions and deferred taxes | 16 | €480 | €420 | -€60 | -12.5% |
| Deferred taxes | 168 | €480 | €420 | -€60 | -12.5% |
| Amounts payable | 17/49 | €234,213 | €307,008 | +€72,795 | +31.1% |
| Amounts payable after more than one year | 17 | - | €40,320 | +€40,320 | |
| Financial debts | 170/4 | - | €40,320 | +€40,320 | |
| Amounts payable within one year | 42/48 | €228,231 | €255,337 | +€27,106 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | - | €11,414 | +€11,414 | |
| Trade debts | 44 | €18,293 | €27,664 | +€9,371 | +51.2% |
| Suppliers | 440/4 | €18,293 | €27,664 | +€9,371 | +51.2% |
| Advances received on contracts in progress | 46 | €46,768 | €52,674 | +€5,906 | +12.6% |
| Taxes, remuneration and social security | 45 | €29,079 | €43,765 | +€14,686 | +50.5% |
| Taxes | 450/3 | €29,079 | €43,365 | +€14,286 | +49.1% |
| Remuneration and social security | 454/9 | - | €400 | +€400 | |
| Other amounts payable | 47/48 | €134,091 | €119,820 | -€14,271 | -10.6% |
| Accrued charges and deferred income | 492/3 | €5,982 | €11,351 | +€5,369 | +89.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €548,311 | €706,871 | +€158,560 | +28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,751 | €6,564 | +€3,813 | +138.6% |
| Other operating charges | 640/8 | €506 | €639 | +€133 | +26.3% |
| Gross operating margin | 9900 | €14,910 | €73,271 | +€58,361 | +391.4% |
| Operating profit (loss) | 9901 | €11,653 | €66,068 | +€54,415 | +467.0% |
| Financial income | 75/76B | €955 | €1,607 | +€652 | +68.3% |
| Recurring financial income | 75 | €955 | €1,097 | +€142 | +14.9% |
| Non-recurring financial income | 76B | - | €510 | +€510 | |
| Financial charges | 65/66B | €4,353 | €6,805 | +€2,452 | +56.3% |
| Recurring financial charges | 65 | €4,353 | €6,805 | +€2,452 | +56.3% |
| Profit (loss) for the period before taxes | 9903 | €8,255 | €60,870 | +€52,615 | +637.4% |
| Transfer from deferred taxes | 780 | €60 | €60 | = | 0.0% |
| Income taxes | 67/77 | €1,177 | €11,361 | +€10,184 | +865.3% |
| Profit (loss) for the period | 9904 | €7,138 | €49,569 | +€42,431 | +594.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,138 | €49,569 | +€42,431 | +594.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.