SANS: 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.
SANS
Largest movements
- Cash +€6,462
up €6,462 (+23.0%), from €28,088 to €34,550
mainly Net result for the year (+€14,036) and Tax, wage and social debts (+€4,276)
- Receivables within one year +€6,308
up €6,308 (+15.9%), from €39,555 to €45,862
of which Other amounts receivable: +€24,029
- Tangible fixed assets +€3,935
up €3,935 (+66.9%), from €5,881 to €9,816
of which Other tangible fixed assets: +€4,103
- Reserves +€14,036
up €14,036 (+31.8%), from €44,179 to €58,215
- Tax, wage and social debts +€4,276
up €4,276 (+24.4%), from €17,503 to €21,779
of which Taxes: +€4,276
- Trade debts -€3,062
down €3,062 (-70.2%), from €4,364 to €1,302
- Short-term financial debts +€1,139
up €1,139 (+71.4%), from €1,594 to €2,733
- Gross operating margin -€2,904
down €2,904 (-8.7%), from €33,384 to €30,480
- Financial charges -€970
down €970 (-47.8%), from €2,028 to €1,059
- Depreciation +€514
up €514 (+20.0%), from €2,566 to €3,079
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 | €73,840 | €90,229 | +€16,389 | +22.2% |
| Fixed assets | 21/28 | €5,881 | €9,816 | +€3,935 | +66.9% |
| Tangible fixed assets | 22/27 | €5,881 | €9,816 | +€3,935 | +66.9% |
| Furniture and vehicles | 24 | €5,015 | €4,847 | -€168 | -3.3% |
| Other tangible fixed assets | 26 | €866 | €4,969 | +€4,103 | +473.6% |
| Current assets | 29/58 | €67,959 | €80,413 | +€12,454 | +18.3% |
| Amounts receivable within one year | 40/41 | €39,555 | €45,862 | +€6,308 | +15.9% |
| Trade receivables | 40 | €17,722 | €0 | -€17,722 | -100.0% |
| Other amounts receivable | 41 | €21,833 | €45,862 | +€24,029 | +110.1% |
| Cash at bank and in hand | 54/58 | €28,088 | €34,550 | +€6,462 | +23.0% |
| Deferred charges and accrued income | 490/1 | €316 | €0 | -€316 | -100.0% |
| Total equity and liabilities | 10/49 | €73,840 | €90,229 | +€16,389 | +22.2% |
| Equity | 10/15 | €50,379 | €64,415 | +€14,036 | +27.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €44,179 | €58,215 | +€14,036 | +31.8% |
| Distributable reserves | 133 | €44,179 | €58,215 | +€14,036 | +31.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €23,461 | €25,814 | +€2,353 | +10.0% |
| Amounts payable within one year | 42/48 | €23,461 | €25,814 | +€2,353 | +10.0% |
| Financial debts | 43 | €1,594 | €2,733 | +€1,139 | +71.4% |
| Credit institutions | 430/8 | €1,594 | €2,733 | +€1,139 | +71.4% |
| Trade debts | 44 | €4,364 | €1,302 | -€3,062 | -70.2% |
| Suppliers | 440/4 | €4,364 | €1,302 | -€3,062 | -70.2% |
| Taxes, remuneration and social security | 45 | €17,503 | €21,779 | +€4,276 | +24.4% |
| Taxes | 450/3 | €17,503 | €21,779 | +€4,276 | +24.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,566 | €3,079 | +€514 | +20.0% |
| Other operating charges | 640/8 | €2,142 | €1,957 | -€185 | -8.6% |
| Gross operating margin | 9900 | €33,384 | €30,480 | -€2,904 | -8.7% |
| Operating profit (loss) | 9901 | €28,677 | €25,444 | -€3,233 | -11.3% |
| Financial income | 75/76B | €1,550 | €1,817 | +€268 | +17.3% |
| Recurring financial income | 75 | €1,550 | €1,817 | +€268 | +17.3% |
| Financial charges | 65/66B | €2,028 | €1,059 | -€970 | -47.8% |
| Recurring financial charges | 65 | €2,028 | €1,059 | -€970 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €28,198 | €26,202 | -€1,996 | -7.1% |
| Income taxes | 67/77 | €11,838 | €12,166 | +€329 | +2.8% |
| Profit (loss) for the period | 9904 | €16,361 | €14,036 | -€2,325 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,361 | €14,036 | -€2,325 | -14.2% |
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 10 October 2026 via checked.be.