Sannah: 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.
Sannah
Largest movements
- Receivables after one year -€368,254
down €368,254 (-100.0%), from €368,254 to €0
- Tangible fixed assets +€289,920
up €289,920 (+9579.2%), from €3,027 to €292,947
of which Land and buildings: +€286,314
- Cash -€42,060
down €42,060 (-73.7%), from €57,057 to €14,997
mainly Contributions, distributions and other (-€360,000) and Investment in fixed assets (net) (-€294,602)
- Receivables within one year +€10,925
up €10,925 (+20.6%), from €53,043 to €63,969
- Profit (loss) carried forward -€333,407
down €333,407 (-94.0%), from €354,831 to €21,424
- Debts after one year +€213,410
new in 2025: €213,410
- Current portion of long-term debt +€12,491
new in 2025: €12,491
- Short-term financial debts +€6,740
new in 2025: €6,740
- Reserves -€5,169
down €5,169 (-4.6%), from €111,348 to €106,180
- Gross operating margin -€60,800
down €60,800 (-44.7%), from €135,998 to €75,198
- Other operating charges +€38,815
up €38,815 (+3686.1%), from €1,053 to €39,868
- Taxes -€25,237
down €25,237 (-81.6%), from €30,912 to €5,675
- Financial income -€10,988
down €10,988 (-89.1%), from €12,333 to €1,345
- Financial charges +€4,843
up €4,843 (+9483.7%), from €51 to €4,894
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 | €483,891 | €371,913 | -€111,978 | -23.1% |
| Fixed assets | 21/28 | €3,027 | €292,947 | +€289,920 | +9579.2% |
| Tangible fixed assets | 22/27 | €3,027 | €292,947 | +€289,920 | +9579.2% |
| Land and buildings | 22 | - | €286,314 | +€286,314 | |
| Furniture and vehicles | 24 | €3,027 | €6,633 | +€3,606 | +119.2% |
| Current assets | 29/58 | €480,864 | €78,966 | -€401,899 | -83.6% |
| Amounts receivable after more than one year | 29 | €368,254 | €0 | -€368,254 | -100.0% |
| Other amounts receivable | 291 | €368,254 | €0 | -€368,254 | -100.0% |
| Amounts receivable within one year | 40/41 | €53,043 | €63,969 | +€10,925 | +20.6% |
| Other amounts receivable | 41 | €53,043 | €63,969 | +€10,925 | +20.6% |
| Cash at bank and in hand | 54/58 | €57,057 | €14,997 | -€42,060 | -73.7% |
| Deferred charges and accrued income | 490/1 | €2,510 | €0 | -€2,510 | -100.0% |
| Total equity and liabilities | 10/49 | €483,891 | €371,913 | -€111,978 | -23.1% |
| Equity | 10/15 | €469,180 | €130,604 | -€338,576 | -72.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €111,348 | €106,180 | -€5,169 | -4.6% |
| Distributable reserves | 133 | €111,348 | €106,180 | -€5,169 | -4.6% |
| Profit (loss) carried forward | 14 | €354,831 | €21,424 | -€333,407 | -94.0% |
| Amounts payable | 17/49 | €14,711 | €241,309 | +€226,598 | +1540.3% |
| Amounts payable after more than one year | 17 | - | €213,410 | +€213,410 | |
| Financial debts | 170/4 | - | €213,410 | +€213,410 | |
| Amounts payable within one year | 42/48 | €14,711 | €27,900 | +€13,188 | +89.6% |
| Current portion of amounts payable after more than one year | 42 | - | €12,491 | +€12,491 | |
| Financial debts | 43 | - | €6,740 | +€6,740 | |
| Credit institutions | 430/8 | - | €6,740 | +€6,740 | |
| Trade debts | 44 | €3,799 | €256 | -€3,543 | -93.3% |
| Suppliers | 440/4 | €3,799 | €256 | -€3,543 | -93.3% |
| Taxes, remuneration and social security | 45 | €10,912 | €8,412 | -€2,500 | -22.9% |
| Taxes | 450/3 | €10,912 | €8,412 | -€2,500 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,044 | €4,682 | +€1,637 | +53.8% |
| Other operating charges | 640/8 | €1,053 | €39,868 | +€38,815 | +3686.1% |
| Non-recurring operating charges | 66A | €1,922 | €0 | -€1,922 | -100.0% |
| Gross operating margin | 9900 | €135,998 | €75,198 | -€60,800 | -44.7% |
| Operating profit (loss) | 9901 | €129,979 | €30,648 | -€99,330 | -76.4% |
| Financial income | 75/76B | €12,333 | €1,345 | -€10,988 | -89.1% |
| Recurring financial income | 75 | €12,333 | €1,345 | -€10,988 | -89.1% |
| Financial charges | 65/66B | €51 | €4,894 | +€4,843 | +9483.7% |
| Recurring financial charges | 65 | €51 | €4,894 | +€4,843 | +9483.7% |
| Profit (loss) for the period before taxes | 9903 | €142,261 | €27,099 | -€115,162 | -81.0% |
| Income taxes | 67/77 | €30,912 | €5,675 | -€25,237 | -81.6% |
| Profit (loss) for the period | 9904 | €111,348 | €21,424 | -€89,924 | -80.8% |
| Profit (loss) for the period to be appropriated | 9905 | €111,348 | €21,424 | -€89,924 | -80.8% |
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 5 October 2026 via checked.be.