SANTOSHA: 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.
SANTOSHA
Largest movements
- Receivables within one year +€72,899
up €72,899 (+22.8%), from €320,042 to €392,941
of which Trade receivables: +€63,226
- Cash -€50,537
down €50,537 (-22.5%), from €224,338 to €173,801
mainly Trade debts (-€78,086) and Receivables within one year (-€72,899)
- Tangible fixed assets +€8,949
up €8,949 (+11.3%), from €79,291 to €88,239
of which Plant, machinery and equipment: +€15,506
- Trade debts -€78,086
down €78,086 (-28.9%), from €269,799 to €191,713
- Reserves +€63,664
up €63,664 (+24.9%), from €255,403 to €319,066
of which Distributable reserves: +€63,664
- Tax, wage and social debts +€44,616
up €44,616 (+51.2%), from €87,184 to €131,800
of which Taxes: +€29,203
- Staff costs +€52,929
up €52,929 (+5.6%), from €948,882 to €1.0m
- Gross operating margin -€48,608
down €48,608 (-4.2%), from €1.2m to €1.1m
- Taxes -€33,478
down €33,478 (-56.8%), from €58,973 to €25,495
- Other operating charges -€17,749
down €17,749 (-64.5%), from €27,513 to €9,764
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €655,175 | €688,821 | +€33,645 | +5.1% |
| Fixed assets | 21/28 | €79,291 | €88,239 | +€8,949 | +11.3% |
| Tangible fixed assets | 22/27 | €79,291 | €88,239 | +€8,949 | +11.3% |
| Plant, machinery and equipment | 23 | €36,829 | €52,334 | +€15,506 | +42.1% |
| Furniture and vehicles | 24 | €10,939 | €11,835 | +€896 | +8.2% |
| Other tangible fixed assets | 26 | €31,523 | €24,070 | -€7,453 | -23.6% |
| Current assets | 29/58 | €575,885 | €600,581 | +€24,696 | +4.3% |
| Stocks and contracts in progress | 3 | €31,505 | €33,510 | +€2,005 | +6.4% |
| Stocks | 30/36 | €31,505 | €33,510 | +€2,005 | +6.4% |
| Amounts receivable within one year | 40/41 | €320,042 | €392,941 | +€72,899 | +22.8% |
| Trade receivables | 40 | €249,660 | €312,885 | +€63,226 | +25.3% |
| Other amounts receivable | 41 | €70,383 | €80,056 | +€9,673 | +13.7% |
| Cash at bank and in hand | 54/58 | €224,338 | €173,801 | -€50,537 | -22.5% |
| Deferred charges and accrued income | 490/1 | - | €330 | +€330 | |
| Total equity and liabilities | 10/49 | €655,175 | €688,821 | +€33,645 | +5.1% |
| Equity | 10/15 | €261,603 | €325,266 | +€63,664 | +24.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €255,403 | €319,066 | +€63,664 | +24.9% |
| Non-distributable reserves | 130/1 | €349 | €349 | = | 0.0% |
| Reserves not available under the articles | 1311 | €349 | €349 | = | 0.0% |
| Distributable reserves | 133 | €255,053 | €318,717 | +€63,664 | +25.0% |
| Amounts payable | 17/49 | €393,573 | €363,554 | -€30,018 | -7.6% |
| Amounts payable after more than one year | 17 | €7,825 | €7,325 | -€500 | -6.4% |
| Other amounts payable | 178/9 | €7,825 | €7,325 | -€500 | -6.4% |
| Amounts payable within one year | 42/48 | €360,748 | €326,229 | -€34,518 | -9.6% |
| Trade debts | 44 | €269,799 | €191,713 | -€78,086 | -28.9% |
| Suppliers | 440/4 | €269,799 | €191,713 | -€78,086 | -28.9% |
| Taxes, remuneration and social security | 45 | €87,184 | €131,800 | +€44,616 | +51.2% |
| Taxes | 450/3 | €18,273 | €47,476 | +€29,203 | +160% |
| Remuneration and social security | 454/9 | €68,911 | €84,324 | +€15,413 | +22.4% |
| Other amounts payable | 47/48 | €3,765 | €2,717 | -€1,048 | -27.8% |
| Accrued charges and deferred income | 492/3 | €25,000 | €30,000 | +€5,000 | +20.0% |
| Remuneration, social security and pensions | 62 | €948,882 | €1,001,811 | +€52,929 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,798 | €24,023 | +€5,225 | +27.8% |
| Other operating charges | 640/8 | €27,513 | €9,764 | -€17,749 | -64.5% |
| Non-recurring operating charges | 66A | - | €150 | +€150 | |
| Gross operating margin | 9900 | €1,167,872 | €1,119,264 | -€48,608 | -4.2% |
| Operating profit (loss) | 9901 | €172,678 | €83,516 | -€89,162 | -51.6% |
| Financial income | 75/76B | €0 | €6,619 | +€6,619 | |
| Recurring financial income | 75 | €0 | €6,619 | +€6,619 | |
| Financial charges | 65/66B | €1,387 | €977 | -€411 | -29.6% |
| Recurring financial charges | 65 | €1,387 | €977 | -€411 | -29.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €171,291 | €89,158 | -€82,133 | -47.9% |
| Income taxes | 67/77 | €58,973 | €25,495 | -€33,478 | -56.8% |
| Profit (loss) for the period | 9904 | €112,318 | €63,664 | -€48,654 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €112,318 | €63,664 | -€48,654 | -43.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.