SANTENS HOLDING: 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.
What changed
SANTENS HOLDING
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€102,124
2024 · €222,896-€120,772
Equity
€23.8m
2024 · €23.6m+€102,124
Cash
€58,480
2024 · €9,715+€48,765
Balance sheet total
€32.2m
2024 · €31.2m+€946,425
Largest movements
Assets
- Receivables within one year -€5.2m
down €5.2m (-77.2%), from €6.7m to €1.5m
of which Other amounts receivable: -€5.2m
- Financial fixed assets +€5.0m
up €5.0m (+25.6%), from €19.5m to €24.5m
- Receivables after one year +€1.1m
up €1.1m (+23.6%), from €4.5m to €5.6m
Equity and liabilities
- Other debts +€615,636
up €615,636 (+9.5%), from €6.5m to €7.1m
Income statement
- Services and other goods +€162,995
up €162,995 (+31.6%), from €515,291 to €678,286
- Taxes -€50,687
down €50,687 (-57.3%), from €88,497 to €37,809
of which Taxes: -€50,687
- Financial charges +€26,068
up €26,068 (+10.2%), from €255,788 to €281,855
- Depreciation -€8,847
down €8,847 (-100%), from €8,847 to €0
- Turnover +€8,085
up €8,085 (+1.3%), from €599,400 to €607,485
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.
Result 2024
€222,896
Turnover
+€8,085
Other operating income
+€98
Services and other goods
-€162,995
Depreciation
+€8,847
Other operating charges
-€45
Other operating items
+€7,750
Financial income
-€7,132
Financial charges
-€26,068
Taxes
+€50,687
Result 2025
€102,124
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€5.0m
Investment
-€5.0m
Financing
€0
Cash 2024
€9,715
From operations (derived)
+€5.0m
Net result for the year
+€102,124
Receivables after one year
-€1.1m
Receivables within one year
+€5.2m
Deferred charges and accrued income
-€11,067
Trade debts
+€121,037
Tax, wage and social debts
-€42,346
Other debts
+€615,636
Accrued charges and deferred income
+€149,974
Investment (derived)
-€5.0m
Investment in fixed assets (net)
-€5.0m
Cash 2025
€58,480
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,232,848 | €32,179,273 | +€946,425 | +3.0% |
| Fixed assets | 21/28 | €19,519,559 | €24,519,559 | +€5.0m | +25.6% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €19,519,559 | €24,519,559 | +€5.0m | +25.6% |
| Affiliated companies | 280/1 | €19,519,559 | €24,519,559 | +€5.0m | +25.6% |
| Participating interests | 280 | €19,519,559 | €24,519,559 | +€5.0m | +25.6% |
| Current assets | 29/58 | €11,713,288 | €7,659,714 | -€4.1m | -34.6% |
| Amounts receivable after more than one year | 29 | €4,507,335 | €5,571,864 | +€1.1m | +23.6% |
| Other amounts receivable | 291 | €4,507,335 | €5,571,864 | +€1.1m | +23.6% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €6,710,910 | €1,532,975 | -€5.2m | -77.2% |
| Trade receivables | 40 | €184,200 | €183,000 | -€1,200 | -0.7% |
| Other amounts receivable | 41 | €6,526,710 | €1,349,975 | -€5.2m | -79.3% |
| Cash at bank and in hand | 54/58 | €9,715 | €58,480 | +€48,765 | +502% |
| Deferred charges and accrued income | 490/1 | €485,328 | €496,395 | +€11,067 | +2.3% |
| Total equity and liabilities | 10/49 | €31,232,848 | €32,179,273 | +€946,425 | +3.0% |
| Equity | 10/15 | €23,649,809 | €23,751,932 | +€102,124 | +0.4% |
| Contributions | 10/11 | €15,000,000 | €15,000,000 | = | 0.0% |
| Reserves | 13 | €8,649,809 | €8,751,932 | +€102,124 | +1.2% |
| Non-distributable reserves | 130/1 | €2 | €2 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2 | €2 | = | 0.0% |
| Distributable reserves | 133 | €8,649,806 | €8,751,930 | +€102,124 | +1.2% |
| Amounts payable | 17/49 | €7,583,039 | €8,427,341 | +€844,302 | +11.1% |
| Amounts payable within one year | 42/48 | €6,696,107 | €7,390,434 | +€694,327 | +10.4% |
| Trade debts | 44 | €85,151 | €206,188 | +€121,037 | +142% |
| Suppliers | 440/4 | €85,151 | €206,188 | +€121,037 | +142% |
| Taxes, remuneration and social security | 45 | €101,178 | €58,832 | -€42,346 | -41.9% |
| Taxes | 450/3 | €91,371 | €49,025 | -€42,346 | -46.3% |
| Remuneration and social security | 454/9 | €9,806 | €9,806 | = | 0.0% |
| Other amounts payable | 47/48 | €6,509,778 | €7,125,415 | +€615,636 | +9.5% |
| Accrued charges and deferred income | 492/3 | €886,932 | €1,036,907 | +€149,974 | +16.9% |
| Operating income | 70/76A | €609,674 | €625,607 | +€15,933 | +2.6% |
| Turnover | 70 | €599,400 | €607,485 | +€8,085 | +1.3% |
| Other operating income | 74 | €10,274 | €10,372 | +€98 | +1.0% |
| Non-recurring operating income | 76A | - | €7,750 | +€7,750 | |
| Operating charges | 60/66A | €525,782 | €679,975 | +€154,193 | +29.3% |
| Goods for resale, raw materials and consumables | 60 | €0 | - | = | |
| Purchases | 600/8 | €0 | - | = | |
| Services and other goods | 61 | €515,291 | €678,286 | +€162,995 | +31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,847 | €0 | -€8,847 | -100% |
| Other operating charges | 640/8 | €1,643 | €1,688 | +€45 | +2.8% |
| Operating profit (loss) | 9901 | €83,892 | -€54,368 | -€138,260 | |
| Financial income | 75/76B | €483,288 | €476,156 | -€7,132 | -1.5% |
| Recurring financial income | 75 | €483,288 | €476,156 | -€7,132 | -1.5% |
| Income from current assets | 751 | €483,288 | €476,156 | -€7,132 | -1.5% |
| Financial charges | 65/66B | €255,788 | €281,855 | +€26,068 | +10.2% |
| Recurring financial charges | 65 | €255,788 | €281,855 | +€26,068 | +10.2% |
| Debt charges | 650 | €254,601 | €280,703 | +€26,102 | +10.3% |
| Other financial charges | 652/9 | €1,186 | €1,152 | -€34 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €311,392 | €139,933 | -€171,460 | -55.1% |
| Income taxes | 67/77 | €88,497 | €37,809 | -€50,687 | -57.3% |
| Taxes | 670/3 | €88,497 | €37,809 | -€50,687 | -57.3% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €222,896 | €102,124 | -€120,772 | -54.2% |
| Profit (loss) for the period to be appropriated | 9905 | €222,896 | €102,124 | -€120,772 | -54.2% |
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 31 October 2026 via checked.be.