SANTER CONSULT: 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.
SANTER CONSULT
Largest movements
- Cash +€9,737
new in 2025: €9,737
mainly Current investments (+€9,087) and Receivables within one year (+€562)
- Current investments -€9,087
no longer reported in 2025 (was €9,087)
- Receivables within one year -€562
down €562 (-16.9%), from €3,326 to €2,763
of which Trade receivables: -€843
No liability line moved by more than 1% of the balance sheet total.
- Purchases and services +€9,694
new in 2025: €9,694
- Turnover +€9,679
new in 2025: €9,679
- Gross operating margin -€803
down €803 (-86.1%), from €932 to €129
- Taxes -€338
no longer reported in 2025 (was €338)
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 | €12,812 | €12,900 | +€88 | +0.7% |
| Current assets | 29/58 | €12,812 | €12,900 | +€88 | +0.7% |
| Amounts receivable within one year | 40/41 | €3,326 | €2,763 | -€562 | -16.9% |
| Trade receivables | 40 | €843 | - | -€843 | |
| Other amounts receivable | 41 | €2,483 | €2,763 | +€281 | +11.3% |
| Current investments | 50/53 | €9,087 | - | -€9,087 | |
| Cash at bank and in hand | 54/58 | - | €9,737 | +€9,737 | |
| Deferred charges and accrued income | 490/1 | €400 | €400 | = | 0.0% |
| Total equity and liabilities | 10/49 | €12,812 | €12,900 | +€88 | +0.7% |
| Equity | 10/15 | €12,173 | €12,271 | +€98 | +0.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,860 | €2,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,113 | €3,211 | +€98 | +3.2% |
| Amounts payable | 17/49 | €640 | €629 | -€11 | -1.7% |
| Amounts payable within one year | 42/48 | €640 | €629 | -€11 | -1.7% |
| Trade debts | 44 | €276 | €265 | -€11 | -4.0% |
| Suppliers | 440/4 | €276 | €265 | -€11 | -4.0% |
| Taxes, remuneration and social security | 45 | €364 | €364 | = | 0.0% |
| Taxes | 450/3 | €364 | €364 | = | 0.0% |
| Turnover | 70 | - | €9,679 | +€9,679 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €9,694 | +€9,694 | |
| Other operating charges | 640/8 | - | €21 | +€21 | |
| Gross operating margin | 9900 | €932 | €129 | -€803 | -86.1% |
| Operating profit (loss) | 9901 | €932 | €108 | -€824 | -88.4% |
| Financial charges | 65/66B | €2 | €10 | +€8 | +428% |
| Recurring financial charges | 65 | €2 | €10 | +€8 | +428% |
| Profit (loss) for the period before taxes | 9903 | €930 | €98 | -€832 | -89.4% |
| Income taxes | 67/77 | €338 | - | -€338 | |
| Profit (loss) for the period | 9904 | €592 | €98 | -€494 | -83.4% |
| Profit (loss) for the period to be appropriated | 9905 | €592 | €98 | -€494 | -83.4% |
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 23 October 2026 via checked.be.