SANTAVER: what changed
What changed
SANTAVER
NACE 71.111, Activities of building architects
filed annual accounts (NBB)
Net result for the year
-€17,136
2024 · -€1,890-€15,245
Equity
€136,694
2024 · €153,829-€17,136
Cash
€3,473
2024 · €9,121-€5,648
Balance sheet total
€577,227
2024 · €623,749-€46,522
Largest movements
Assets
- Tangible fixed assets -€34,247
down €34,247 (-6.5%), from €522,956 to €488,709
of which Land and buildings: -€29,750
- Receivables within one year -€6,677
down €6,677 (-7.4%), from €90,201 to €83,523
of which Trade receivables: -€3,417
Equity and liabilities
- Debts after one year -€26,179
down €26,179 (-53.7%), from €48,736 to €22,557
- Reserves -€17,136
down €17,136 (-15.9%), from €107,629 to €90,494
of which Distributable reserves: -€17,136
Income statement
- Gross operating margin -€12,292
down €12,292 (-23.0%), from €53,556 to €41,264
- Depreciation +€3,827
up €3,827 (+9.6%), from €40,007 to €43,834
- Financial charges -€937
down €937 (-17.4%), from €5,387 to €4,450
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€1,890
Gross operating margin
-€12,292
Depreciation
-€3,827
Other operating charges
-€81
Financial income
+€23
Financial charges
+€937
Taxes
-€5
Result 2025
-€17,136
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€29,181
Investment
-€9,587
Financing
-€25,242
Cash 2024
€9,121
From operations (derived)
+€29,181
Net result for the year
-€17,136
Depreciation
+€43,834
Receivables within one year
+€6,677
Deferred charges and accrued income
-€50
Trade debts
-€4,748
Tax, wage and social debts
-€435
Other debts
+€1,039
Investment (derived)
-€9,587
Investment in fixed assets (net)
-€9,587
Financing
-€25,242
Debts after one year
-€26,179
Current portion of long-term debt
+€937
Cash 2025
€3,473
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €623,749 | €577,227 | -€46,522 | -7.5% |
| Fixed assets | 21/28 | €522,956 | €488,709 | -€34,247 | -6.5% |
| Tangible fixed assets | 22/27 | €522,956 | €488,709 | -€34,247 | -6.5% |
| Land and buildings | 22 | €467,120 | €437,370 | -€29,750 | -6.4% |
| Plant, machinery and equipment | 23 | €4,146 | €2,523 | -€1,623 | -39.1% |
| Furniture and vehicles | 24 | €51,690 | €48,816 | -€2,874 | -5.6% |
| Current assets | 29/58 | €100,793 | €88,518 | -€12,275 | -12.2% |
| Amounts receivable within one year | 40/41 | €90,201 | €83,523 | -€6,677 | -7.4% |
| Trade receivables | 40 | €71,941 | €68,524 | -€3,417 | -4.7% |
| Other amounts receivable | 41 | €18,260 | €14,999 | -€3,260 | -17.9% |
| Cash at bank and in hand | 54/58 | €9,121 | €3,473 | -€5,648 | -61.9% |
| Deferred charges and accrued income | 490/1 | €1,472 | €1,522 | +€50 | +3.4% |
| Total equity and liabilities | 10/49 | €623,749 | €577,227 | -€46,522 | -7.5% |
| Equity | 10/15 | €153,829 | €136,694 | -€17,136 | -11.1% |
| Contributions | 10/11 | €46,200 | €46,200 | = | 0.0% |
| Reserves | 13 | €107,629 | €90,494 | -€17,136 | -15.9% |
| Non-distributable reserves | 130/1 | €5,860 | €5,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,860 | €5,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €606 | €606 | = | 0.0% |
| Distributable reserves | 133 | €101,163 | €84,028 | -€17,136 | -16.9% |
| Amounts payable | 17/49 | €469,920 | €440,533 | -€29,387 | -6.3% |
| Amounts payable after more than one year | 17 | €48,736 | €22,557 | -€26,179 | -53.7% |
| Financial debts | 170/4 | €48,736 | €22,557 | -€26,179 | -53.7% |
| Amounts payable within one year | 42/48 | €421,184 | €417,976 | -€3,208 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €25,242 | €26,179 | +€937 | +3.7% |
| Trade debts | 44 | €5,036 | €288 | -€4,748 | -94.3% |
| Suppliers | 440/4 | €5,036 | €288 | -€4,748 | -94.3% |
| Taxes, remuneration and social security | 45 | €435 | - | -€435 | |
| Taxes | 450/3 | €435 | - | -€435 | |
| Other amounts payable | 47/48 | €390,471 | €391,510 | +€1,039 | +0.3% |
| Non-recurring operating income | 76A | - | €30,000 | +€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,007 | €43,834 | +€3,827 | +9.6% |
| Other operating charges | 640/8 | €9,901 | €9,981 | +€81 | +0.8% |
| Gross operating margin | 9900 | €53,556 | €41,264 | -€12,292 | -23.0% |
| Operating profit (loss) | 9901 | €3,649 | -€12,551 | -€16,200 | |
| Financial income | 75/76B | €8 | €30 | +€23 | +300% |
| Recurring financial income | 75 | €8 | €30 | +€23 | +300% |
| Financial charges | 65/66B | €5,387 | €4,450 | -€937 | -17.4% |
| Recurring financial charges | 65 | €5,387 | €4,450 | -€937 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,730 | -€16,971 | -€15,240 | -881% |
| Income taxes | 67/77 | €160 | €165 | +€5 | +3.1% |
| Profit (loss) for the period | 9904 | -€1,890 | -€17,136 | -€15,245 | -807% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,890 | -€17,136 | -€15,245 | -807% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.