SANTOCONO: 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.
SANTOCONO
Largest movements
- Receivables within one year +€22,445
up €22,445 (+77.9%), from €28,815 to €51,260
of which Other amounts receivable: +€17,721
- Cash +€2,572
up €2,572 (+34.0%), from €7,571 to €10,143
mainly Net result for the year (+€33,717) and Depreciation (+€528)
- Profit (loss) carried forward +€33,717
up €33,717, from -€10,202 to €23,515
- Tax, wage and social debts -€5,701
down €5,701 (-89.7%), from €6,358 to €657
- Short-term financial debts -€1,845
down €1,845 (-4.0%), from €46,359 to €44,514
- Current portion of long-term debt -€1,670
no longer reported in 2025 (was €1,670)
- Purchases and services -€329,705
no longer reported in 2025 (was €329,705)
- Turnover -€258,914
no longer reported in 2025 (was €258,914)
- Gross operating margin +€109,116
up €109,116, from -€68,376 to €40,739
- Depreciation -€5,529
down €5,529 (-91.3%), from €6,057 to €528
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 | €45,913 | €70,403 | +€24,490 | +53.3% |
| Fixed assets | 21/28 | €528 | - | -€528 | |
| Tangible fixed assets | 22/27 | €528 | - | -€528 | |
| Furniture and vehicles | 24 | €528 | - | -€528 | |
| Current assets | 29/58 | €45,385 | €70,403 | +€25,018 | +55.1% |
| Stocks and contracts in progress | 3 | €9,000 | €9,000 | = | 0.0% |
| Stocks | 30/36 | €9,000 | €9,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,815 | €51,260 | +€22,445 | +77.9% |
| Trade receivables | 40 | €7,834 | €12,558 | +€4,724 | +60.3% |
| Other amounts receivable | 41 | €20,981 | €38,702 | +€17,721 | +84.5% |
| Cash at bank and in hand | 54/58 | €7,571 | €10,143 | +€2,572 | +34.0% |
| Total equity and liabilities | 10/49 | €45,913 | €70,403 | +€24,490 | +53.3% |
| Equity | 10/15 | -€10,202 | €23,515 | +€33,717 | |
| Profit (loss) carried forward | 14 | -€10,202 | €23,515 | +€33,717 | |
| Amounts payable | 17/49 | €56,115 | €46,888 | -€9,227 | -16.4% |
| Amounts payable within one year | 42/48 | €56,115 | €46,888 | -€9,227 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €1,670 | - | -€1,670 | |
| Financial debts | 43 | €46,359 | €44,514 | -€1,845 | -4.0% |
| Credit institutions | 430/8 | €46,359 | €44,514 | -€1,845 | -4.0% |
| Trade debts | 44 | €1,728 | €1,717 | -€11 | -0.6% |
| Suppliers | 440/4 | €1,728 | €1,717 | -€11 | -0.6% |
| Taxes, remuneration and social security | 45 | €6,358 | €657 | -€5,701 | -89.7% |
| Taxes | 450/3 | €6,358 | €657 | -€5,701 | -89.7% |
| Turnover | 70 | €258,914 | - | -€258,914 | |
| Goods, raw materials, services and sundry goods | 60/61 | €329,705 | - | -€329,705 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,057 | €528 | -€5,529 | -91.3% |
| Other operating charges | 640/8 | €708 | €838 | +€130 | +18.4% |
| Gross operating margin | 9900 | -€68,376 | €40,739 | +€109,116 | |
| Operating profit (loss) | 9901 | -€75,141 | €39,374 | +€114,515 | |
| Financial income | 75/76B | €795 | €1,834 | +€1,039 | +131% |
| Recurring financial income | 75 | €795 | €1,834 | +€1,039 | +131% |
| Financial charges | 65/66B | €6,376 | €7,315 | +€939 | +14.7% |
| Recurring financial charges | 65 | €6,376 | €7,315 | +€939 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | -€80,722 | €33,892 | +€114,615 | |
| Income taxes | 67/77 | €182 | €175 | -€6 | -3.6% |
| Profit (loss) for the period | 9904 | -€80,904 | €33,717 | +€114,621 | |
| Profit (loss) for the period to be appropriated | 9905 | -€80,904 | €33,717 | +€114,621 |
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 18 October 2026 via checked.be.