SANTENS LOGISTICS: 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.
SANTENS LOGISTICS
Largest movements
- Tangible fixed assets -€275,292
down €275,292 (-2.9%), from €9.7m to €9.4m
of which Land and buildings: -€176,912
- Debts after one year +€5.5m
up €5.5m (+5,348%), from €103,508 to €5.6m
of which Other amounts payable: +€5.6m
- Other debts -€5.4m
down €5.4m (-94.7%), from €5.7m to €300,000
- Current portion of long-term debt -€474,746
down €474,746 (-92.9%), from €511,057 to €36,310
- Financial charges -€19,531
down €19,531 (-6.5%), from €300,272 to €280,741
- Depreciation -€13,165
down €13,165 (-3.6%), from €364,747 to €351,582
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 | €9,810,115 | €9,503,594 | -€306,522 | -3.1% |
| Fixed assets | 21/28 | €9,726,367 | €9,437,818 | -€288,549 | -3.0% |
| Intangible fixed assets | 21 | €70,092 | €56,836 | -€13,256 | -18.9% |
| Tangible fixed assets | 22/27 | €9,656,275 | €9,380,982 | -€275,292 | -2.9% |
| Land and buildings | 22 | €8,532,797 | €8,355,885 | -€176,912 | -2.1% |
| Plant, machinery and equipment | 23 | €486,709 | €434,238 | -€52,471 | -10.8% |
| Other tangible fixed assets | 26 | €636,769 | €590,859 | -€45,910 | -7.2% |
| Current assets | 29/58 | €83,748 | €65,775 | -€17,973 | -21.5% |
| Amounts receivable within one year | 40/41 | €29,683 | €1,668 | -€28,015 | -94.4% |
| Trade receivables | 40 | €4,149 | €1,668 | -€2,481 | -59.8% |
| Other amounts receivable | 41 | €25,533 | €0 | -€25,533 | -100% |
| Cash at bank and in hand | 54/58 | €6,755 | €15,847 | +€9,092 | +135% |
| Deferred charges and accrued income | 490/1 | €47,311 | €48,260 | +€950 | +2.0% |
| Total equity and liabilities | 10/49 | €9,810,115 | €9,503,594 | -€306,522 | -3.1% |
| Equity | 10/15 | €3,191,951 | €3,204,616 | +€12,665 | +0.4% |
| Contributions | 10/11 | €3,000,000 | €3,000,000 | = | 0.0% |
| Reserves | 13 | €191,951 | €204,616 | +€12,665 | +6.6% |
| Distributable reserves | 133 | €191,951 | €204,616 | +€12,665 | +6.6% |
| Amounts payable | 17/49 | €6,618,164 | €6,298,977 | -€319,187 | -4.8% |
| Amounts payable after more than one year | 17 | €103,508 | €5,639,062 | +€5.5m | +5,348% |
| Financial debts | 170/4 | €103,508 | €67,197 | -€36,310 | -35.1% |
| Other amounts payable | 178/9 | - | €5,571,864 | +€5.6m | |
| Amounts payable within one year | 42/48 | €6,232,707 | €387,116 | -€5.8m | -93.8% |
| Current portion of amounts payable after more than one year | 42 | €511,057 | €36,310 | -€474,746 | -92.9% |
| Trade debts | 44 | €69,125 | €50,805 | -€18,320 | -26.5% |
| Suppliers | 440/4 | €69,125 | €50,805 | -€18,320 | -26.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €5,652,525 | €300,000 | -€5.4m | -94.7% |
| Accrued charges and deferred income | 492/3 | €281,949 | €272,800 | -€9,149 | -3.2% |
| Non-recurring operating income | 76A | - | €385 | +€385 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €364,747 | €351,582 | -€13,165 | -3.6% |
| Other operating charges | 640/8 | €9,053 | €10,045 | +€992 | +11.0% |
| Gross operating margin | 9900 | €656,580 | €655,034 | -€1,545 | -0.2% |
| Operating profit (loss) | 9901 | €282,779 | €293,407 | +€10,627 | +3.8% |
| Financial charges | 65/66B | €300,272 | €280,741 | -€19,531 | -6.5% |
| Recurring financial charges | 65 | €300,272 | €280,741 | -€19,531 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,493 | €12,665 | +€30,158 | |
| Income taxes | 67/77 | €3 | €0 | -€3 | -100% |
| Profit (loss) for the period | 9904 | -€17,496 | €12,665 | +€30,161 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,496 | €12,665 | +€30,161 |
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 26 October 2026 via checked.be.