SanteZen: 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.
SanteZen
Largest movements
- Tangible fixed assets +€35,175
new in 2025: €35,175
of which Furniture and vehicles: +€33,935
- Cash +€29,920
up €29,920 (+103%), from €29,058 to €58,978
mainly Net result for the year (+€59,987) and Tax, wage and social debts (+€13,178)
- Receivables within one year +€4,121
up €4,121 (+68.7%), from €5,998 to €10,119
- Profit (loss) carried forward +€59,987
up €59,987 (+281%), from €21,325 to €81,312
- Tax, wage and social debts +€13,178
up €13,178 (+243%), from €5,426 to €18,603
- Other debts -€3,942
down €3,942 (-59.5%), from €6,624 to €2,682
- Gross operating margin +€74,089
up €74,089 (+988%), from €7,496 to €81,585
- Taxes +€14,285
up €14,285 (+914%), from €1,562 to €15,847
- Depreciation +€5,154
new in 2025: €5,154
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 | €35,056 | €104,587 | +€69,532 | +198% |
| Fixed assets | 21/28 | - | €35,175 | +€35,175 | |
| Tangible fixed assets | 22/27 | - | €35,175 | +€35,175 | |
| Plant, machinery and equipment | 23 | - | €1,240 | +€1,240 | |
| Furniture and vehicles | 24 | - | €33,935 | +€33,935 | |
| Current assets | 29/58 | €35,056 | €69,412 | +€34,357 | +98.0% |
| Amounts receivable within one year | 40/41 | €5,998 | €10,119 | +€4,121 | +68.7% |
| Trade receivables | 40 | €5,998 | €10,119 | +€4,121 | +68.7% |
| Cash at bank and in hand | 54/58 | €29,058 | €58,978 | +€29,920 | +103% |
| Deferred charges and accrued income | 490/1 | - | €316 | +€316 | |
| Total equity and liabilities | 10/49 | €35,056 | €104,587 | +€69,532 | +198% |
| Equity | 10/15 | €22,825 | €82,812 | +€59,987 | +263% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,325 | €81,312 | +€59,987 | +281% |
| Amounts payable | 17/49 | €12,231 | €21,776 | +€9,545 | +78.0% |
| Amounts payable within one year | 42/48 | €12,231 | €21,776 | +€9,545 | +78.0% |
| Trade debts | 44 | €182 | €491 | +€309 | +170% |
| Suppliers | 440/4 | €182 | €491 | +€309 | +170% |
| Taxes, remuneration and social security | 45 | €5,426 | €18,603 | +€13,178 | +243% |
| Taxes | 450/3 | €5,426 | €18,603 | +€13,178 | +243% |
| Other amounts payable | 47/48 | €6,624 | €2,682 | -€3,942 | -59.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,154 | +€5,154 | |
| Other operating charges | 640/8 | €64 | €509 | +€445 | +698% |
| Gross operating margin | 9900 | €7,496 | €81,585 | +€74,089 | +988% |
| Operating profit (loss) | 9901 | €7,432 | €75,922 | +€68,490 | +922% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €0 | €89 | +€88 | +884,900% |
| Recurring financial charges | 65 | €0 | €89 | +€88 | +884,900% |
| Profit (loss) for the period before taxes | 9903 | €7,432 | €75,834 | +€68,401 | +920% |
| Income taxes | 67/77 | €1,562 | €15,847 | +€14,285 | +914% |
| Profit (loss) for the period | 9904 | €5,870 | €59,987 | +€54,116 | +922% |
| Profit (loss) for the period to be appropriated | 9905 | €5,870 | €59,987 | +€54,116 | +922% |
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 21 October 2026 via checked.be.