Sanoven: 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.
Sanoven
Largest movements
- Cash -€35,615
down €35,615 (-72.1%), from €49,419 to €13,804
mainly Net result for the year (-€26,478) and Trade debts (-€11,786)
- Tangible fixed assets -€3,975
down €3,975 (-28.6%), from €13,890 to €9,915
of which Furniture and vehicles: -€2,025
- Stocks and contracts -€2,615
down €2,615 (-6.7%), from €39,230 to €36,615
- Deferred charges and accrued income -€2,071
down €2,071 (-40.8%), from €5,076 to €3,005
- Profit (loss) carried forward -€22,897
new in 2025: -€22,897
- Trade debts -€11,786
down €11,786 (-16.5%), from €71,590 to €59,804
- Debts after one year -€3,908
down €3,908 (-26.5%), from €14,737 to €10,829
- Reserves -€3,581
down €3,581 (-5.6%), from €64,244 to €60,663
- Tax, wage and social debts -€2,024
down €2,024 (-70.5%), from €2,869 to €845
of which Remuneration and social security: -€1,455
- Gross operating margin -€83,785
down €83,785, from €75,312 to -€8,473
- Staff costs -€51,612
down €51,612 (-82.2%), from €62,756 to €11,144
- Taxes -€2,128
down €2,128 (-89.8%), from €2,369 to €241
- Financial charges -€1,473
down €1,473 (-45.6%), from €3,228 to €1,755
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 | €183,863 | €138,788 | -€45,075 | -24.5% |
| Fixed assets | 21/28 | €19,930 | €15,955 | -€3,975 | -19.9% |
| Tangible fixed assets | 22/27 | €13,890 | €9,915 | -€3,975 | -28.6% |
| Furniture and vehicles | 24 | €4,761 | €2,736 | -€2,025 | -42.5% |
| Other tangible fixed assets | 26 | €9,129 | €7,179 | -€1,950 | -21.4% |
| Financial fixed assets | 28 | €6,040 | €6,040 | = | 0.0% |
| Current assets | 29/58 | €163,933 | €122,833 | -€41,100 | -25.1% |
| Stocks and contracts in progress | 3 | €39,230 | €36,615 | -€2,615 | -6.7% |
| Stocks | 30/36 | €39,230 | €36,615 | -€2,615 | -6.7% |
| Amounts receivable within one year | 40/41 | €70,208 | €69,409 | -€799 | -1.1% |
| Trade receivables | 40 | €64,820 | €63,797 | -€1,023 | -1.6% |
| Other amounts receivable | 41 | €5,388 | €5,612 | +€224 | +4.2% |
| Cash at bank and in hand | 54/58 | €49,419 | €13,804 | -€35,615 | -72.1% |
| Deferred charges and accrued income | 490/1 | €5,076 | €3,005 | -€2,071 | -40.8% |
| Total equity and liabilities | 10/49 | €183,863 | €138,788 | -€45,075 | -24.5% |
| Equity | 10/15 | €70,444 | €43,966 | -€26,478 | -37.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €64,244 | €60,663 | -€3,581 | -5.6% |
| Distributable reserves | 133 | €64,244 | €60,663 | -€3,581 | -5.6% |
| Profit (loss) carried forward | 14 | - | -€22,897 | -€22,897 | |
| Amounts payable | 17/49 | €113,419 | €94,822 | -€18,597 | -16.4% |
| Amounts payable after more than one year | 17 | €14,737 | €10,829 | -€3,908 | -26.5% |
| Financial debts | 170/4 | €14,737 | €10,829 | -€3,908 | -26.5% |
| Amounts payable within one year | 42/48 | €98,682 | €83,993 | -€14,689 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €4,208 | €3,902 | -€306 | -7.3% |
| Trade debts | 44 | €71,590 | €59,804 | -€11,786 | -16.5% |
| Suppliers | 440/4 | €71,590 | €59,804 | -€11,786 | -16.5% |
| Taxes, remuneration and social security | 45 | €2,869 | €845 | -€2,024 | -70.5% |
| Taxes | 450/3 | €1,414 | €845 | -€569 | -40.2% |
| Remuneration and social security | 454/9 | €1,455 | - | -€1,455 | |
| Other amounts payable | 47/48 | €20,015 | €19,442 | -€573 | -2.9% |
| Non-recurring operating income | 76A | - | €15,971 | +€15,971 | |
| Remuneration, social security and pensions | 62 | €62,756 | €11,144 | -€51,612 | -82.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,847 | €3,346 | -€501 | -13.0% |
| Other operating charges | 640/8 | €2,420 | €1,730 | -€690 | -28.5% |
| Gross operating margin | 9900 | €75,312 | -€8,473 | -€83,785 | |
| Operating profit (loss) | 9901 | €6,289 | -€24,693 | -€30,982 | |
| Financial income | 75/76B | €528 | €211 | -€317 | -60.0% |
| Recurring financial income | 75 | €528 | €211 | -€317 | -60.0% |
| Financial charges | 65/66B | €3,228 | €1,755 | -€1,473 | -45.6% |
| Recurring financial charges | 65 | €3,228 | €1,755 | -€1,473 | -45.6% |
| Profit (loss) for the period before taxes | 9903 | €3,589 | -€26,237 | -€29,826 | |
| Income taxes | 67/77 | €2,369 | €241 | -€2,128 | -89.8% |
| Profit (loss) for the period | 9904 | €1,220 | -€26,478 | -€27,698 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,220 | -€26,478 | -€27,698 |
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 18 October 2026 via checked.be.