SANTORE: what changed
Two fiscal 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.
SANTORE
Largest movements
- Tangible fixed assets -€8,919
down €8,919 (-50.0%), from €17,839 to €8,919
- Cash +€4,078
up €4,078 (+71.0%), from €5,747 to €9,826
mainly Net result for the year (+€18,353) and Depreciation (+€8,919)
- Deferred charges and accrued income +€2,839
new in 2025: €2,839
- Receivables within one year +€2,000
up €2,000 (+673.4%), from €297 to €2,297
of which Other amounts receivable: +€2,297
- Other debts -€18,762
no longer reported in 2025 (was €18,762)
- Profit (loss) carried forward +€18,353
up €18,353, from -€329 to €18,024
- Tax, wage and social debts +€1,092
up €1,092 (+33.4%), from €3,266 to €4,358
- Trade debts -€685
no longer reported in 2025 (was €685)
- Gross operating margin +€18,894
up €18,894 (+216.8%), from €8,715 to €27,609
- Other operating charges +€295
new in 2025: €295
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 | €23,883 | €23,881 | -€2 | 0.0% |
| Fixed assets | 21/28 | €17,839 | €8,919 | -€8,919 | -50.0% |
| Tangible fixed assets | 22/27 | €17,839 | €8,919 | -€8,919 | -50.0% |
| Furniture and vehicles | 24 | €17,839 | €8,919 | -€8,919 | -50.0% |
| Current assets | 29/58 | €6,044 | €14,962 | +€8,917 | +147.5% |
| Amounts receivable within one year | 40/41 | €297 | €2,297 | +€2,000 | +673.4% |
| Trade receivables | 40 | €297 | - | -€297 | |
| Other amounts receivable | 41 | - | €2,297 | +€2,297 | |
| Cash at bank and in hand | 54/58 | €5,747 | €9,826 | +€4,078 | +71.0% |
| Deferred charges and accrued income | 490/1 | - | €2,839 | +€2,839 | |
| Total equity and liabilities | 10/49 | €23,883 | €23,881 | -€2 | 0.0% |
| Equity | 10/15 | €1,171 | €19,524 | +€18,353 | +1567.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€329 | €18,024 | +€18,353 | |
| Amounts payable | 17/49 | €22,713 | €4,358 | -€18,355 | -80.8% |
| Amounts payable within one year | 42/48 | €22,713 | €4,358 | -€18,355 | -80.8% |
| Trade debts | 44 | €685 | - | -€685 | |
| Suppliers | 440/4 | €685 | - | -€685 | |
| Taxes, remuneration and social security | 45 | €3,266 | €4,358 | +€1,092 | +33.4% |
| Taxes | 450/3 | €3,266 | €4,358 | +€1,092 | +33.4% |
| Other amounts payable | 47/48 | €18,762 | - | -€18,762 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,919 | €8,919 | = | 0.0% |
| Other operating charges | 640/8 | - | €295 | +€295 | |
| Gross operating margin | 9900 | €8,715 | €27,609 | +€18,894 | +216.8% |
| Operating profit (loss) | 9901 | -€204 | €18,395 | +€18,599 | |
| Financial charges | 65/66B | €125 | €41 | -€84 | -66.8% |
| Recurring financial charges | 65 | €125 | €41 | -€84 | -66.8% |
| Profit (loss) for the period before taxes | 9903 | -€329 | €18,353 | +€18,683 | |
| Profit (loss) for the period | 9904 | -€329 | €18,353 | +€18,683 | |
| Profit (loss) for the period to be appropriated | 9905 | -€329 | €18,353 | +€18,683 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.