SANNAX: 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.
SANNAX
Largest movements
- Cash +€406,505
up €406,505 (+339.7%), from €119,660 to €526,165
mainly Current investments (+€300,000) and Net result for the year (+€182,320)
- Current investments -€300,000
down €300,000 (-100.0%), from €300,000 to €0
- Receivables within one year +€45,154
up €45,154 (+111.1%), from €40,642 to €85,796
of which Trade receivables: +€45,084
- Tangible fixed assets -€16,414
down €16,414 (-23.1%), from €71,201 to €54,786
of which Furniture and vehicles: -€13,464
- Deferred charges and accrued income +€15,374
up €15,374 (+17.9%), from €85,693 to €101,067
- Reserves +€182,320
up €182,320 (+33.0%), from €553,290 to €735,610
- Tax, wage and social debts -€34,456
down €34,456 (-61.4%), from €56,100 to €21,644
of which Taxes: -€38,162
- Gross operating margin +€24,838
up €24,838 (+10.8%), from €230,623 to €255,461
- Taxes +€6,337
up €6,337 (+12.9%), from €48,979 to €55,316
- Financial income +€3,939
up €3,939 (+508.6%), from €775 to €4,714
- Depreciation +€2,638
up €2,638 (+14.9%), from €17,698 to €20,336
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 | €621,695 | €772,314 | +€150,618 | +24.2% |
| Fixed assets | 21/28 | €75,701 | €59,286 | -€16,414 | -21.7% |
| Tangible fixed assets | 22/27 | €71,201 | €54,786 | -€16,414 | -23.1% |
| Furniture and vehicles | 24 | €47,631 | €34,167 | -€13,464 | -28.3% |
| Other tangible fixed assets | 26 | €23,570 | €20,619 | -€2,951 | -12.5% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €545,995 | €713,027 | +€167,033 | +30.6% |
| Amounts receivable within one year | 40/41 | €40,642 | €85,796 | +€45,154 | +111.1% |
| Trade receivables | 40 | €40,642 | €85,726 | +€45,084 | +110.9% |
| Other amounts receivable | 41 | - | €70 | +€70 | |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €119,660 | €526,165 | +€406,505 | +339.7% |
| Deferred charges and accrued income | 490/1 | €85,693 | €101,067 | +€15,374 | +17.9% |
| Total equity and liabilities | 10/49 | €621,695 | €772,314 | +€150,618 | +24.2% |
| Equity | 10/15 | €555,790 | €738,110 | +€182,320 | +32.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €553,290 | €735,610 | +€182,320 | +33.0% |
| Distributable reserves | 133 | €553,290 | €735,610 | +€182,320 | +33.0% |
| Amounts payable | 17/49 | €65,906 | €34,204 | -€31,702 | -48.1% |
| Amounts payable within one year | 42/48 | €65,445 | €33,749 | -€31,696 | -48.4% |
| Trade debts | 44 | €3,818 | €5,680 | +€1,862 | +48.8% |
| Suppliers | 440/4 | €3,818 | €5,680 | +€1,862 | +48.8% |
| Taxes, remuneration and social security | 45 | €56,100 | €21,644 | -€34,456 | -61.4% |
| Taxes | 450/3 | €56,100 | €17,938 | -€38,162 | -68.0% |
| Remuneration and social security | 454/9 | - | €3,706 | +€3,706 | |
| Other amounts payable | 47/48 | €5,528 | €6,425 | +€897 | +16.2% |
| Accrued charges and deferred income | 492/3 | €460 | €455 | -€5 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,698 | €20,336 | +€2,638 | +14.9% |
| Other operating charges | 640/8 | €1,451 | €1,459 | +€8 | +0.6% |
| Gross operating margin | 9900 | €230,623 | €255,461 | +€24,838 | +10.8% |
| Operating profit (loss) | 9901 | €211,474 | €233,665 | +€22,191 | +10.5% |
| Financial income | 75/76B | €775 | €4,714 | +€3,939 | +508.6% |
| Recurring financial income | 75 | €775 | €4,714 | +€3,939 | +508.6% |
| Financial charges | 65/66B | €1,156 | €743 | -€412 | -35.7% |
| Recurring financial charges | 65 | €1,156 | €743 | -€412 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €211,093 | €237,636 | +€26,543 | +12.6% |
| Income taxes | 67/77 | €48,979 | €55,316 | +€6,337 | +12.9% |
| Profit (loss) for the period | 9904 | €162,115 | €182,320 | +€20,205 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €162,115 | €182,320 | +€20,205 | +12.5% |
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 7 October 2026 via checked.be.