SANTIS: 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.
SANTIS
Largest movements
- Current investments -€19,000
down €19,000 (-8.1%), from €234,000 to €215,000
- Receivables within one year +€3,529
up €3,529 (+406.9%), from €867 to €4,397
- Debts after one year -€23,066
down €23,066 (-12.1%), from €190,330 to €167,264
- Profit (loss) carried forward +€12,753
up €12,753 (+26.3%), from -€48,478 to -€35,725
- Provisions -€9,334
down €9,334 (-19.5%), from €47,947 to €38,613
- Other debts +€3,241
up €3,241 (+68.4%), from €4,740 to €7,981
- Financial income +€7,992
up €7,992 (+122.1%), from €6,543 to €14,535
- Provisions +€882
up €882 (+8.6%), from -€10,216 to -€9,334
- Financial charges -€840
down €840 (-10.7%), from €7,852 to €7,013
- Gross operating margin -€522
down €522 (-17.3%), from -€3,012 to -€3,533
- Other operating charges -€191
down €191 (-25.1%), from €761 to €570
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.
Cash bridge derived
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 | €247,374 | €233,801 | -€13,572 | -5.5% |
| Current assets | 29/58 | €247,374 | €233,801 | -€13,572 | -5.5% |
| Amounts receivable within one year | 40/41 | €867 | €4,397 | +€3,529 | +406.9% |
| Other amounts receivable | 41 | €867 | €4,397 | +€3,529 | +406.9% |
| Current investments | 50/53 | €234,000 | €215,000 | -€19,000 | -8.1% |
| Cash at bank and in hand | 54/58 | €12,506 | €14,405 | +€1,898 | +15.2% |
| Total equity and liabilities | 10/49 | €247,374 | €233,801 | -€13,572 | -5.5% |
| Equity | 10/15 | -€19,768 | -€7,015 | +€12,753 | +64.5% |
| Contributions | 10/11 | €26,100 | €26,100 | = | 0.0% |
| Reserves | 13 | €2,610 | €2,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,610 | €2,610 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,610 | €2,610 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,478 | -€35,725 | +€12,753 | +26.3% |
| Provisions and deferred taxes | 16 | €47,947 | €38,613 | -€9,334 | -19.5% |
| Provisions for liabilities and charges | 160/5 | €47,947 | €38,613 | -€9,334 | -19.5% |
| Other liabilities and charges | 164/5 | €47,947 | €38,613 | -€9,334 | -19.5% |
| Amounts payable | 17/49 | €219,194 | €202,203 | -€16,991 | -7.8% |
| Amounts payable after more than one year | 17 | €190,330 | €167,264 | -€23,066 | -12.1% |
| Financial debts | 170/4 | €190,330 | €167,264 | -€23,066 | -12.1% |
| Amounts payable within one year | 42/48 | €28,864 | €34,939 | +€6,075 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €22,171 | €23,066 | +€895 | +4.0% |
| Trade debts | 44 | €1,953 | €3,892 | +€1,939 | +99.3% |
| Suppliers | 440/4 | €1,953 | €3,892 | +€1,939 | +99.3% |
| Other amounts payable | 47/48 | €4,740 | €7,981 | +€3,241 | +68.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€10,216 | -€9,334 | +€882 | +8.6% |
| Other operating charges | 640/8 | €761 | €570 | -€191 | -25.1% |
| Gross operating margin | 9900 | -€3,012 | -€3,533 | -€522 | -17.3% |
| Operating profit (loss) | 9901 | €6,444 | €5,231 | -€1,212 | -18.8% |
| Financial income | 75/76B | €6,543 | €14,535 | +€7,992 | +122.1% |
| Recurring financial income | 75 | €6,543 | €14,535 | +€7,992 | +122.1% |
| Financial charges | 65/66B | €7,852 | €7,013 | -€840 | -10.7% |
| Recurring financial charges | 65 | €7,852 | €7,013 | -€840 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €5,134 | €12,753 | +€7,619 | +148.4% |
| Profit (loss) for the period | 9904 | €5,134 | €12,753 | +€7,619 | +148.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,134 | €12,753 | +€7,619 | +148.4% |
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 9 October 2026 via checked.be.