SaNoKa: 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.
SaNoKa
Largest movements
- Current investments +€85,000
up €85,000 (+100%), from €85,000 to €170,000
- Cash +€71,518
up €71,518 (+67.4%), from €106,040 to €177,559
mainly Net result for the year (+€129,366) and Receivables within one year (+€24,162)
- Receivables within one year -€24,162
down €24,162 (-63.6%), from €38,000 to €13,838
of which Trade receivables: -€24,383
- Profit (loss) carried forward +€129,366
up €129,366 (+63.6%), from €203,491 to €332,857
- Tax, wage and social debts +€3,834
up €3,834 (+23.9%), from €16,059 to €19,893
of which Remuneration and social security: +€2,000
- Gross operating margin +€22,664
up €22,664 (+15.8%), from €143,872 to €166,536
- Taxes +€5,436
up €5,436 (+17.3%), from €31,343 to €36,779
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 | €229,848 | €363,421 | +€133,573 | +58.1% |
| Fixed assets | 21/28 | €400 | €1,431 | +€1,031 | +258% |
| Tangible fixed assets | 22/27 | - | €1,031 | +€1,031 | |
| Plant, machinery and equipment | 23 | - | €1,031 | +€1,031 | |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €229,448 | €361,990 | +€132,542 | +57.8% |
| Amounts receivable within one year | 40/41 | €38,000 | €13,838 | -€24,162 | -63.6% |
| Trade receivables | 40 | €24,383 | €0 | -€24,383 | -100% |
| Other amounts receivable | 41 | €13,617 | €13,838 | +€221 | +1.6% |
| Current investments | 50/53 | €85,000 | €170,000 | +€85,000 | +100% |
| Cash at bank and in hand | 54/58 | €106,040 | €177,559 | +€71,518 | +67.4% |
| Deferred charges and accrued income | 490/1 | €408 | €593 | +€186 | +45.5% |
| Total equity and liabilities | 10/49 | €229,848 | €363,421 | +€133,573 | +58.1% |
| Equity | 10/15 | €213,491 | €342,857 | +€129,366 | +60.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €203,491 | €332,857 | +€129,366 | +63.6% |
| Amounts payable | 17/49 | €16,357 | €20,564 | +€4,207 | +25.7% |
| Amounts payable within one year | 42/48 | €16,357 | €20,564 | +€4,207 | +25.7% |
| Trade debts | 44 | €280 | €652 | +€373 | +133% |
| Suppliers | 440/4 | €280 | €652 | +€373 | +133% |
| Taxes, remuneration and social security | 45 | €16,059 | €19,893 | +€3,834 | +23.9% |
| Taxes | 450/3 | €14,059 | €15,893 | +€1,834 | +13.0% |
| Remuneration and social security | 454/9 | €2,000 | €4,000 | +€2,000 | +100% |
| Other amounts payable | 47/48 | €19 | €19 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €229 | +€229 | |
| Gross operating margin | 9900 | €143,872 | €166,536 | +€22,664 | +15.8% |
| Operating profit (loss) | 9901 | €143,872 | €166,307 | +€22,435 | +15.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +25.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +25.0% |
| Financial charges | 65/66B | €114 | €162 | +€48 | +42.6% |
| Recurring financial charges | 65 | €114 | €162 | +€48 | +42.6% |
| Profit (loss) for the period before taxes | 9903 | €143,759 | €166,145 | +€22,387 | +15.6% |
| Income taxes | 67/77 | €31,343 | €36,779 | +€5,436 | +17.3% |
| Profit (loss) for the period | 9904 | €112,416 | €129,366 | +€16,950 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €112,416 | €129,366 | +€16,950 | +15.1% |
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 13 October 2026 via checked.be.