SANMOVAN: 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.
SANMOVAN
Largest movements
- Cash -€44,969
down €44,969 (-53.1%), from €84,697 to €39,728
mainly Investment in fixed assets (net) (-€32,661) and Debts after one year (-€25,557)
- Tangible fixed assets +€26,816
up €26,816 (+776.9%), from €3,452 to €30,267
- Receivables within one year +€3,487
up €3,487 (+216.9%), from €1,607 to €5,094
of which Other amounts receivable: +€3,487
- Debts after one year -€25,557
down €25,557 (-35.8%), from €71,475 to €45,918
- Profit (loss) carried forward +€10,893
up €10,893 (+39.7%), from -€27,414 to -€16,521
- Trade debts -€977
down €977 (-40.7%), from €2,398 to €1,421
- Gross operating margin -€18,916
down €18,916 (-46.9%), from €40,313 to €21,397
- Depreciation +€2,272
up €2,272 (+63.6%), from €3,573 to €5,845
- Taxes -€2,203
down €2,203 (-36.1%), from €6,108 to €3,906
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.
Cash bridge derived
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 | €91,660 | €76,648 | -€15,011 | -16.4% |
| Fixed assets | 21/28 | €3,452 | €30,267 | +€26,816 | +776.9% |
| Tangible fixed assets | 22/27 | €3,452 | €30,267 | +€26,816 | +776.9% |
| Furniture and vehicles | 24 | €3,452 | €30,267 | +€26,816 | +776.9% |
| Current assets | 29/58 | €88,208 | €46,381 | -€41,827 | -47.4% |
| Stocks and contracts in progress | 3 | €1,903 | €1,559 | -€344 | -18.1% |
| Stocks | 30/36 | €1,903 | €1,559 | -€344 | -18.1% |
| Amounts receivable within one year | 40/41 | €1,607 | €5,094 | +€3,487 | +216.9% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €1,607 | €5,094 | +€3,487 | +216.9% |
| Cash at bank and in hand | 54/58 | €84,697 | €39,728 | -€44,969 | -53.1% |
| Total equity and liabilities | 10/49 | €91,660 | €76,648 | -€15,011 | -16.4% |
| Equity | 10/15 | €16,454 | €27,347 | +€10,893 | +66.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,268 | €25,268 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,597 | €13,597 | = | 0.0% |
| Distributable reserves | 133 | €11,671 | €11,671 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,414 | -€16,521 | +€10,893 | +39.7% |
| Amounts payable | 17/49 | €75,206 | €49,302 | -€25,904 | -34.4% |
| Amounts payable after more than one year | 17 | €71,475 | €45,918 | -€25,557 | -35.8% |
| Other amounts payable | 178/9 | €71,475 | €45,918 | -€25,557 | -35.8% |
| Amounts payable within one year | 42/48 | €2,398 | €1,768 | -€631 | -26.3% |
| Trade debts | 44 | €2,398 | €1,421 | -€977 | -40.7% |
| Suppliers | 440/4 | €2,398 | €1,421 | -€977 | -40.7% |
| Taxes, remuneration and social security | 45 | - | €346 | +€346 | |
| Taxes | 450/3 | - | €346 | +€346 | |
| Accrued charges and deferred income | 492/3 | €1,332 | €1,616 | +€284 | +21.3% |
| Remuneration, social security and pensions | 62 | - | €66 | +€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,573 | €5,845 | +€2,272 | +63.6% |
| Other operating charges | 640/8 | €486 | €675 | +€189 | +38.9% |
| Gross operating margin | 9900 | €40,313 | €21,397 | -€18,916 | -46.9% |
| Operating profit (loss) | 9901 | €36,254 | €14,811 | -€21,442 | -59.1% |
| Financial income | 75/76B | €273 | €10 | -€263 | -96.5% |
| Recurring financial income | 75 | €273 | €10 | -€263 | -96.5% |
| Financial charges | 65/66B | €53 | €22 | -€30 | -57.6% |
| Recurring financial charges | 65 | €53 | €22 | -€30 | -57.6% |
| Profit (loss) for the period before taxes | 9903 | €36,474 | €14,798 | -€21,675 | -59.4% |
| Income taxes | 67/77 | €6,108 | €3,906 | -€2,203 | -36.1% |
| Profit (loss) for the period | 9904 | €30,365 | €10,893 | -€19,473 | -64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,365 | €10,893 | -€19,473 | -64.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.