SANNISTER: 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.
SANNISTER
Largest movements
- Cash -€41,281
down €41,281 (-75.4%), from €54,714 to €13,434
mainly Net result for the year (-€40,208) and Debts after one year (-€18,705)
- Tangible fixed assets -€10,769
down €10,769 (-18.3%), from €58,738 to €47,969
of which Furniture and vehicles: -€10,625
- Receivables within one year +€6,283
up €6,283 (+29.5%), from €21,306 to €27,588
- Deferred charges and accrued income -€2,162
down €2,162 (-100%), from €2,162 to €0
- Profit (loss) carried forward -€40,208
down €40,208, from €17,017 to -€23,191
- Other debts +€28,794
up €28,794 (+1,443%), from €1,995 to €30,789
- Debts after one year -€18,705
down €18,705 (-32.6%), from €57,400 to €38,694
- Trade debts -€14,219
down €14,219 (-97.0%), from €14,665 to €445
- Tax, wage and social debts -€4,287
down €4,287 (-45.8%), from €9,355 to €5,068
of which Taxes: -€5,547
- Gross operating margin -€52,715
down €52,715, from €31,214 to -€21,502
- Depreciation +€7,734
up €7,734 (+107%), from €7,222 to €14,956
- Taxes -€4,935
down €4,935 (-97.1%), from €5,081 to €146
- Financial charges +€896
up €896 (+47.3%), from €1,894 to €2,790
- Other operating charges +€814
new in 2025: €814
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 | €137,160 | €89,230 | -€47,930 | -34.9% |
| Fixed assets | 21/28 | €58,978 | €48,209 | -€10,769 | -18.3% |
| Tangible fixed assets | 22/27 | €58,738 | €47,969 | -€10,769 | -18.3% |
| Plant, machinery and equipment | 23 | €537 | €393 | -€144 | -26.9% |
| Furniture and vehicles | 24 | €58,201 | €47,576 | -€10,625 | -18.3% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €78,182 | €41,022 | -€37,160 | -47.5% |
| Amounts receivable within one year | 40/41 | €21,306 | €27,588 | +€6,283 | +29.5% |
| Trade receivables | 40 | €21,306 | €27,588 | +€6,283 | +29.5% |
| Cash at bank and in hand | 54/58 | €54,714 | €13,434 | -€41,281 | -75.4% |
| Deferred charges and accrued income | 490/1 | €2,162 | €0 | -€2,162 | -100% |
| Total equity and liabilities | 10/49 | €137,160 | €89,230 | -€47,930 | -34.9% |
| Equity | 10/15 | €35,617 | -€4,591 | -€40,208 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,017 | -€23,191 | -€40,208 | |
| Amounts payable | 17/49 | €101,543 | €93,822 | -€7,721 | -7.6% |
| Amounts payable after more than one year | 17 | €57,400 | €38,694 | -€18,705 | -32.6% |
| Financial debts | 170/4 | €57,400 | €38,694 | -€18,705 | -32.6% |
| Amounts payable within one year | 42/48 | €44,144 | €55,128 | +€10,984 | +24.9% |
| Current portion of amounts payable after more than one year | 42 | €18,009 | €18,705 | +€696 | +3.9% |
| Financial debts | 43 | €120 | €120 | = | 0.0% |
| Credit institutions | 430/8 | €120 | €120 | = | 0.0% |
| Trade debts | 44 | €14,665 | €445 | -€14,219 | -97.0% |
| Suppliers | 440/4 | €14,665 | €445 | -€14,219 | -97.0% |
| Taxes, remuneration and social security | 45 | €9,355 | €5,068 | -€4,287 | -45.8% |
| Taxes | 450/3 | €8,575 | €3,028 | -€5,547 | -64.7% |
| Remuneration and social security | 454/9 | €780 | €2,040 | +€1,260 | +162% |
| Other amounts payable | 47/48 | €1,995 | €30,789 | +€28,794 | +1,443% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,222 | €14,956 | +€7,734 | +107% |
| Other operating charges | 640/8 | - | €814 | +€814 | |
| Gross operating margin | 9900 | €31,214 | -€21,502 | -€52,715 | |
| Operating profit (loss) | 9901 | €23,991 | -€37,272 | -€61,263 | |
| Financial charges | 65/66B | €1,894 | €2,790 | +€896 | +47.3% |
| Recurring financial charges | 65 | €1,894 | €2,790 | +€896 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | €22,098 | -€40,062 | -€62,160 | |
| Income taxes | 67/77 | €5,081 | €146 | -€4,935 | -97.1% |
| Profit (loss) for the period | 9904 | €17,017 | -€40,208 | -€57,225 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,017 | -€40,208 | -€57,225 |
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 30 October 2026 via checked.be.