SANTENS BART: what changed
SANTENS BART
Largest movements
- Tangible fixed assets -€10,583
down €10,583 (-38.7%), from €27,314 to €16,732
of which Leasing and similar rights: -€8,173
- Stocks and contracts -€8,027
down €8,027 (-48.7%), from €16,472 to €8,444
of which Contracts in progress: -€6,884
- Receivables within one year +€7,444
up €7,444 (+26.8%), from €27,775 to €35,218
of which Trade receivables: +€8,049
- Cash +€2,103
up €2,103 (+102%), from €2,053 to €4,156
mainly Other debts (+€19,664) and Net result for the year (+€12,334)
- Deferred charges and accrued income -€1,126
down €1,126 (-92.1%), from €1,222 to €96
- Other debts +€19,664
new in 2026: €19,664
- Trade debts -€16,573
down €16,573 (-84.0%), from €19,741 to €3,168
- Profit (loss) carried forward +€12,334
up €12,334 (+75.4%), from -€16,354 to -€4,019
- Short-term financial debts -€12,090
down €12,090 (-100%), from €12,090 to €0
- Debts after one year -€7,216
down €7,216 (-100%), from €7,216 to €0
- Gross operating margin +€25,856
up €25,856 (+2,509%), from €1,030 to €26,887
- Financial charges -€2,590
down €2,590 (-60.3%), from €4,291 to €1,702
- Taxes +€1,254
new in 2026: €1,254
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,835 | €64,647 | -€10,189 | -13.6% |
| Fixed assets | 21/28 | €27,314 | €16,732 | -€10,583 | -38.7% |
| Tangible fixed assets | 22/27 | €27,314 | €16,732 | -€10,583 | -38.7% |
| Plant, machinery and equipment | 23 | €207 | €0 | -€207 | -100% |
| Furniture and vehicles | 24 | €3,426 | €1,345 | -€2,081 | -60.7% |
| Leasing and similar rights | 25 | €23,102 | €14,929 | -€8,173 | -35.4% |
| Other tangible fixed assets | 26 | €579 | €457 | -€121 | -21.0% |
| Current assets | 29/58 | €47,521 | €47,915 | +€394 | +0.8% |
| Stocks and contracts in progress | 3 | €16,472 | €8,444 | -€8,027 | -48.7% |
| Stocks | 30/36 | €9,588 | €8,444 | -€1,144 | -11.9% |
| Contracts in progress | 37 | €6,884 | €0 | -€6,884 | -100% |
| Amounts receivable within one year | 40/41 | €27,775 | €35,218 | +€7,444 | +26.8% |
| Trade receivables | 40 | €26,890 | €34,940 | +€8,049 | +29.9% |
| Other amounts receivable | 41 | €884 | €279 | -€606 | -68.5% |
| Cash at bank and in hand | 54/58 | €2,053 | €4,156 | +€2,103 | +102% |
| Deferred charges and accrued income | 490/1 | €1,222 | €96 | -€1,126 | -92.1% |
| Total equity and liabilities | 10/49 | €74,835 | €64,647 | -€10,189 | -13.6% |
| Equity | 10/15 | €18,389 | €30,724 | +€12,334 | +67.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €28,543 | €28,543 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,683 | €26,683 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,354 | -€4,019 | +€12,334 | +75.4% |
| Amounts payable | 17/49 | €56,446 | €33,923 | -€22,523 | -39.9% |
| Amounts payable after more than one year | 17 | €7,216 | €0 | -€7,216 | -100% |
| Financial debts | 170/4 | €7,216 | €0 | -€7,216 | -100% |
| Amounts payable within one year | 42/48 | €49,080 | €33,773 | -€15,307 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €12,391 | €7,216 | -€5,175 | -41.8% |
| Financial debts | 43 | €12,090 | €0 | -€12,090 | -100% |
| Credit institutions | 430/8 | €12,090 | €0 | -€12,090 | -100% |
| Trade debts | 44 | €19,741 | €3,168 | -€16,573 | -84.0% |
| Suppliers | 440/4 | €19,741 | €3,168 | -€16,573 | -84.0% |
| Taxes, remuneration and social security | 45 | €4,858 | €3,724 | -€1,134 | -23.3% |
| Taxes | 450/3 | €4,584 | €3,724 | -€860 | -18.8% |
| Remuneration and social security | 454/9 | €274 | €0 | -€274 | -100% |
| Other amounts payable | 47/48 | - | €19,664 | +€19,664 | |
| Accrued charges and deferred income | 492/3 | €150 | €150 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,604 | €10,583 | -€21 | -0.2% |
| Other operating charges | 640/8 | €831 | €1,037 | +€206 | +24.7% |
| Gross operating margin | 9900 | €1,030 | €26,887 | +€25,856 | +2,509% |
| Operating profit (loss) | 9901 | -€10,404 | €15,267 | +€25,672 | |
| Financial income | 75/76B | €14 | €23 | +€9 | +60.3% |
| Recurring financial income | 75 | €14 | €23 | +€9 | +60.3% |
| Financial charges | 65/66B | €4,291 | €1,702 | -€2,590 | -60.3% |
| Recurring financial charges | 65 | €4,291 | €1,702 | -€2,590 | -60.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,682 | €13,588 | +€28,270 | |
| Income taxes | 67/77 | - | €1,254 | +€1,254 | |
| Profit (loss) for the period | 9904 | -€14,682 | €12,334 | +€27,016 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,682 | €12,334 | +€27,016 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.