SANNIA: 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.
SANNIA
Largest movements
- Receivables within one year +€285,794
up €285,794 (+388.8%), from €73,508 to €359,303
of which Other amounts receivable: +€284,040
- Cash -€148,905
down €148,905 (-49.3%), from €301,940 to €153,035
mainly Receivables within one year (-€285,794) and Trade debts (-€227)
- Tangible fixed assets -€78,128
no longer reported in 2025 (was €78,128)
of which Land and buildings: -€74,357
- Reserves +€51,422
up €51,422 (+26.4%), from €195,039 to €246,461
- Gross operating margin -€184,532
down €184,532 (-69.7%), from €264,798 to €80,266
- Taxes -€49,166
down €49,166 (-67.2%), from €73,163 to €23,997
- Depreciation -€3,795
no longer reported in 2025 (was €3,795)
- Provisions +€3,570
new in 2025: €3,570
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 | €453,576 | €512,337 | +€58,761 | +13.0% |
| Fixed assets | 21/28 | €78,128 | - | -€78,128 | |
| Tangible fixed assets | 22/27 | €78,128 | - | -€78,128 | |
| Land and buildings | 22 | €74,357 | - | -€74,357 | |
| Plant, machinery and equipment | 23 | €3,771 | - | -€3,771 | |
| Current assets | 29/58 | €375,448 | €512,337 | +€136,889 | +36.5% |
| Amounts receivable within one year | 40/41 | €73,508 | €359,303 | +€285,794 | +388.8% |
| Trade receivables | 40 | - | €1,755 | +€1,755 | |
| Other amounts receivable | 41 | €73,508 | €357,548 | +€284,040 | +386.4% |
| Cash at bank and in hand | 54/58 | €301,940 | €153,035 | -€148,905 | -49.3% |
| Total equity and liabilities | 10/49 | €453,576 | €512,337 | +€58,761 | +13.0% |
| Equity | 10/15 | €453,349 | €504,771 | +€51,422 | +11.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €195,039 | €246,461 | +€51,422 | +26.4% |
| Distributable reserves | 133 | €195,039 | €246,461 | +€51,422 | +26.4% |
| Profit (loss) carried forward | 14 | €239,718 | €239,718 | = | 0.0% |
| Provisions and deferred taxes | 16 | - | €3,570 | +€3,570 | |
| Provisions for liabilities and charges | 160/5 | - | €3,570 | +€3,570 | |
| Other liabilities and charges | 164/5 | - | €3,570 | +€3,570 | |
| Amounts payable | 17/49 | €227 | €3,997 | +€3,770 | +1658.8% |
| Amounts payable within one year | 42/48 | €227 | €3,997 | +€3,770 | +1658.8% |
| Trade debts | 44 | €227 | - | -€227 | |
| Suppliers | 440/4 | €227 | - | -€227 | |
| Taxes, remuneration and social security | 45 | - | €3,997 | +€3,997 | |
| Taxes | 450/3 | - | €3,997 | +€3,997 | |
| Non-recurring operating income | 76A | €280,623 | - | -€280,623 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,795 | - | -€3,795 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €3,570 | +€3,570 | |
| Other operating charges | 640/8 | €2,420 | €1,010 | -€1,410 | -58.3% |
| Gross operating margin | 9900 | €264,798 | €80,266 | -€184,532 | -69.7% |
| Operating profit (loss) | 9901 | €258,583 | €75,686 | -€182,897 | -70.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €381 | €267 | -€113 | -29.8% |
| Recurring financial charges | 65 | €381 | €267 | -€113 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €258,202 | €75,419 | -€182,783 | -70.8% |
| Income taxes | 67/77 | €73,163 | €23,997 | -€49,166 | -67.2% |
| Profit (loss) for the period | 9904 | €185,039 | €51,422 | -€133,617 | -72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €185,039 | €51,422 | -€133,617 | -72.2% |
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.