SANRA: 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.
SANRA
Largest movements
- Receivables within one year -€64,848
down €64,848 (-68.4%), from €94,817 to €29,969
of which Other amounts receivable: -€54,309
- Cash -€4,562
down €4,562 (-30.2%), from €15,086 to €10,524
mainly Contributions, distributions and other (-€118,000) and Other debts (-€51,000)
- Other debts -€51,000
no longer reported in 2025 (was €51,000)
- Profit (loss) carried forward -€18,681
down €18,681 (-74.7%), from €25,004 to €6,323
- Short-term financial debts +€4,439
up €4,439 (+111%), from €4,014 to €8,453
- Trade debts -€3,456
down €3,456 (-39.7%), from €8,703 to €5,247
- Gross operating margin +€8,370
up €8,370 (+6.8%), from €123,574 to €131,944
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 | €129,250 | €60,295 | -€68,955 | -53.4% |
| Fixed assets | 21/28 | €15,412 | €14,635 | -€777 | -5.0% |
| Tangible fixed assets | 22/27 | €8,812 | €8,035 | -€777 | -8.8% |
| Land and buildings | 22 | €500 | - | -€500 | |
| Plant, machinery and equipment | 23 | €1,447 | €260 | -€1,187 | -82.0% |
| Furniture and vehicles | 24 | €2,269 | €1,622 | -€647 | -28.5% |
| Other tangible fixed assets | 26 | €4,596 | €6,153 | +€1,557 | +33.9% |
| Financial fixed assets | 28 | €6,600 | €6,600 | = | 0.0% |
| Current assets | 29/58 | €113,838 | €45,660 | -€68,178 | -59.9% |
| Stocks and contracts in progress | 3 | €3,302 | €3,265 | -€37 | -1.1% |
| Stocks | 30/36 | €3,302 | €3,265 | -€37 | -1.1% |
| Amounts receivable within one year | 40/41 | €94,817 | €29,969 | -€64,848 | -68.4% |
| Trade receivables | 40 | €13,017 | €2,478 | -€10,539 | -81.0% |
| Other amounts receivable | 41 | €81,800 | €27,491 | -€54,309 | -66.4% |
| Cash at bank and in hand | 54/58 | €15,086 | €10,524 | -€4,562 | -30.2% |
| Deferred charges and accrued income | 490/1 | €633 | €1,902 | +€1,269 | +200% |
| Total equity and liabilities | 10/49 | €129,250 | €60,295 | -€68,955 | -53.4% |
| Equity | 10/15 | €47,042 | €28,361 | -€18,681 | -39.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,438 | €3,438 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,578 | €1,578 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,004 | €6,323 | -€18,681 | -74.7% |
| Amounts payable | 17/49 | €82,208 | €31,934 | -€50,274 | -61.2% |
| Amounts payable within one year | 42/48 | €82,208 | €31,934 | -€50,274 | -61.2% |
| Financial debts | 43 | €4,014 | €8,453 | +€4,439 | +111% |
| Credit institutions | 430/8 | €4,014 | €8,453 | +€4,439 | +111% |
| Trade debts | 44 | €8,703 | €5,247 | -€3,456 | -39.7% |
| Suppliers | 440/4 | €8,703 | €5,247 | -€3,456 | -39.7% |
| Taxes, remuneration and social security | 45 | €18,491 | €18,234 | -€257 | -1.4% |
| Taxes | 450/3 | €18,491 | €18,234 | -€257 | -1.4% |
| Other amounts payable | 47/48 | €51,000 | - | -€51,000 | |
| Remuneration, social security and pensions | 62 | - | €264 | +€264 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,650 | €3,632 | -€18 | -0.5% |
| Other operating charges | 640/8 | €224 | €173 | -€51 | -22.8% |
| Gross operating margin | 9900 | €123,574 | €131,944 | +€8,370 | +6.8% |
| Operating profit (loss) | 9901 | €119,700 | €127,875 | +€8,175 | +6.8% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €491 | €1,158 | +€667 | +136% |
| Recurring financial charges | 65 | €491 | €1,158 | +€667 | +136% |
| Profit (loss) for the period before taxes | 9903 | €119,209 | €126,723 | +€7,514 | +6.3% |
| Income taxes | 67/77 | €26,103 | €27,404 | +€1,301 | +5.0% |
| Profit (loss) for the period | 9904 | €93,106 | €99,319 | +€6,213 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €93,106 | €99,319 | +€6,213 | +6.7% |
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 20 October 2026 via checked.be.