SANSEBO: 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.
SANSEBO
Largest movements
- Cash -€114,347
down €114,347 (-69.6%), from €164,248 to €49,901
mainly Contributions, distributions and other (-€250,000) and Debts after one year (-€23,043)
- Tangible fixed assets -€32,822
down €32,822 (-31.8%), from €103,138 to €70,315
of which Furniture and vehicles: -€36,745
- Receivables within one year -€13,924
down €13,924 (-38.5%), from €36,166 to €22,242
of which Other amounts receivable: -€7,754
- Profit (loss) carried forward -€194,010
down €194,010 (-94.6%), from €205,059 to €11,048
- Other debts +€42,798
new in 2025: €42,798
- Debts after one year -€23,043
down €23,043 (-42.7%), from €54,013 to €30,970
- Tax, wage and social debts +€12,089
up €12,089 (+348%), from €3,471 to €15,559
of which Taxes: +€8,798
- Gross operating margin +€34,559
up €34,559 (+42.5%), from €81,294 to €115,853
- Taxes +€8,578
up €8,578 (+120%), from €7,159 to €15,738
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 | €307,174 | €146,425 | -€160,748 | -52.3% |
| Fixed assets | 21/28 | €103,138 | €70,315 | -€32,822 | -31.8% |
| Tangible fixed assets | 22/27 | €103,138 | €70,315 | -€32,822 | -31.8% |
| Land and buildings | 22 | €2,234 | €291 | -€1,943 | -87.0% |
| Plant, machinery and equipment | 23 | €1,749 | €7,615 | +€5,865 | +335% |
| Furniture and vehicles | 24 | €99,154 | €62,410 | -€36,745 | -37.1% |
| Current assets | 29/58 | €204,036 | €76,110 | -€127,926 | -62.7% |
| Amounts receivable within one year | 40/41 | €36,166 | €22,242 | -€13,924 | -38.5% |
| Trade receivables | 40 | €12,959 | €6,790 | -€6,170 | -47.6% |
| Other amounts receivable | 41 | €23,206 | €15,452 | -€7,754 | -33.4% |
| Cash at bank and in hand | 54/58 | €164,248 | €49,901 | -€114,347 | -69.6% |
| Deferred charges and accrued income | 490/1 | €3,622 | €3,967 | +€345 | +9.5% |
| Total equity and liabilities | 10/49 | €307,174 | €146,425 | -€160,748 | -52.3% |
| Equity | 10/15 | €210,059 | €16,048 | -€194,010 | -92.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,059 | €11,048 | -€194,010 | -94.6% |
| Amounts payable | 17/49 | €97,115 | €130,377 | +€33,262 | +34.2% |
| Amounts payable after more than one year | 17 | €54,013 | €30,970 | -€23,043 | -42.7% |
| Financial debts | 170/4 | €54,013 | €30,970 | -€23,043 | -42.7% |
| Amounts payable within one year | 42/48 | €43,102 | €99,407 | +€56,305 | +131% |
| Current portion of amounts payable after more than one year | 42 | €23,435 | €23,043 | -€392 | -1.7% |
| Trade debts | 44 | €16,196 | €18,006 | +€1,810 | +11.2% |
| Suppliers | 440/4 | €16,196 | €18,006 | +€1,810 | +11.2% |
| Taxes, remuneration and social security | 45 | €3,471 | €15,559 | +€12,089 | +348% |
| Taxes | 450/3 | €1,440 | €10,238 | +€8,798 | +611% |
| Remuneration and social security | 454/9 | €2,031 | €5,322 | +€3,291 | +162% |
| Other amounts payable | 47/48 | - | €42,798 | +€42,798 | |
| Non-recurring operating income | 76A | €13,592 | - | -€13,592 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,959 | €40,595 | +€636 | +1.6% |
| Other operating charges | 640/8 | €1,412 | €1,064 | -€348 | -24.6% |
| Gross operating margin | 9900 | €81,294 | €115,853 | +€34,559 | +42.5% |
| Operating profit (loss) | 9901 | €39,923 | €74,194 | +€34,270 | +85.8% |
| Financial income | 75/76B | €9 | €0 | -€9 | -99.9% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -99.9% |
| Financial charges | 65/66B | €2,719 | €2,466 | -€253 | -9.3% |
| Recurring financial charges | 65 | €2,719 | €2,466 | -€253 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €37,213 | €71,728 | +€34,514 | +92.7% |
| Income taxes | 67/77 | €7,159 | €15,738 | +€8,578 | +120% |
| Profit (loss) for the period | 9904 | €30,054 | €55,990 | +€25,936 | +86.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,054 | €55,990 | +€25,936 | +86.3% |
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 24 October 2026 via checked.be.