Sankus: 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.
Sankus
Largest movements
- Receivables within one year +€38,433
up €38,433 (+101%), from €37,993 to €76,426
of which Trade receivables: +€29,162
- Cash -€36,017
down €36,017 (-94.6%), from €38,089 to €2,071
mainly Receivables within one year (-€38,433) and Tax, wage and social debts (-€17,592)
- Current investments -€10,000
down €10,000 (-100%), from €10,000 to €0
- Tangible fixed assets -€7,806
down €7,806 (-8.4%), from €93,008 to €85,202
of which Land and buildings: -€4,309
- Deferred charges and accrued income +€2,686
new in 2025: €2,686
- Tax, wage and social debts -€17,592
down €17,592 (-62.2%), from €28,286 to €10,694
of which Taxes: -€13,692
- Reserves +€6,291
up €6,291 (+17.8%), from €35,376 to €41,668
of which Distributable reserves: +€8,151
- Debts after one year -€5,440
down €5,440 (-7.7%), from €70,975 to €65,535
- Short-term financial debts +€2,920
new in 2025: €2,920
- Gross operating margin +€18,793
up €18,793 (+258%), from €7,295 to €26,088
- Taxes +€4,308
up €4,308 (+1,308%), from €329 to €4,637
- Other operating charges +€1,705
up €1,705 (+96.9%), from €1,759 to €3,464
- Depreciation -€1,560
down €1,560 (-14.2%), from €11,019 to €9,458
- Financial income -€1,535
down €1,535 (-81.2%), from €1,891 to €356
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 | €179,090 | €166,386 | -€12,704 | -7.1% |
| Fixed assets | 21/28 | €93,008 | €85,202 | -€7,806 | -8.4% |
| Tangible fixed assets | 22/27 | €93,008 | €85,202 | -€7,806 | -8.4% |
| Land and buildings | 22 | €83,165 | €78,856 | -€4,309 | -5.2% |
| Plant, machinery and equipment | 23 | €2,062 | €58 | -€2,004 | -97.2% |
| Furniture and vehicles | 24 | €7,781 | €6,289 | -€1,493 | -19.2% |
| Current assets | 29/58 | €86,081 | €81,184 | -€4,898 | -5.7% |
| Amounts receivable within one year | 40/41 | €37,993 | €76,426 | +€38,433 | +101% |
| Trade receivables | 40 | €15,732 | €44,894 | +€29,162 | +185% |
| Other amounts receivable | 41 | €22,261 | €31,532 | +€9,271 | +41.6% |
| Current investments | 50/53 | €10,000 | €0 | -€10,000 | -100% |
| Cash at bank and in hand | 54/58 | €38,089 | €2,071 | -€36,017 | -94.6% |
| Deferred charges and accrued income | 490/1 | - | €2,686 | +€2,686 | |
| Total equity and liabilities | 10/49 | €179,090 | €166,386 | -€12,704 | -7.1% |
| Equity | 10/15 | €70,948 | €77,240 | +€6,291 | +8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,376 | €41,668 | +€6,291 | +17.8% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €33,516 | €41,668 | +€8,151 | +24.3% |
| Profit (loss) carried forward | 14 | €16,972 | €16,972 | = | 0.0% |
| Amounts payable | 17/49 | €108,141 | €89,146 | -€18,995 | -17.6% |
| Amounts payable after more than one year | 17 | €70,975 | €65,535 | -€5,440 | -7.7% |
| Financial debts | 170/4 | €70,975 | €65,535 | -€5,440 | -7.7% |
| Amounts payable within one year | 42/48 | €37,166 | €23,596 | -€13,570 | -36.5% |
| Current portion of amounts payable after more than one year | 42 | €5,306 | €5,440 | +€134 | +2.5% |
| Financial debts | 43 | - | €2,920 | +€2,920 | |
| Other loans | 439 | - | €2,920 | +€2,920 | |
| Trade debts | 44 | €3,574 | €4,542 | +€968 | +27.1% |
| Suppliers | 440/4 | €3,574 | €4,542 | +€968 | +27.1% |
| Taxes, remuneration and social security | 45 | €28,286 | €10,694 | -€17,592 | -62.2% |
| Taxes | 450/3 | €24,386 | €10,694 | -€13,692 | -56.1% |
| Remuneration and social security | 454/9 | €3,900 | €0 | -€3,900 | -100% |
| Accrued charges and deferred income | 492/3 | - | €15 | +€15 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,019 | €9,458 | -€1,560 | -14.2% |
| Other operating charges | 640/8 | €1,759 | €3,464 | +€1,705 | +96.9% |
| Gross operating margin | 9900 | €7,295 | €26,088 | +€18,793 | +258% |
| Operating profit (loss) | 9901 | -€5,483 | €13,165 | +€18,648 | |
| Financial income | 75/76B | €1,891 | €356 | -€1,535 | -81.2% |
| Recurring financial income | 75 | €1,891 | €356 | -€1,535 | -81.2% |
| Financial charges | 65/66B | €2,412 | €2,593 | +€181 | +7.5% |
| Recurring financial charges | 65 | €2,412 | €2,593 | +€181 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,004 | €10,929 | +€16,933 | |
| Income taxes | 67/77 | €329 | €4,637 | +€4,308 | +1,308% |
| Profit (loss) for the period | 9904 | -€6,334 | €6,291 | +€12,625 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,334 | €6,291 | +€12,625 |
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 22 October 2026 via checked.be.