SANVAL: 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.
SANVAL
Largest movements
- Receivables within one year -€20,358
down €20,358 (-54.4%), from €37,433 to €17,075
of which Trade receivables: -€14,161
- Cash -€600
down €600 (-23.4%), from €2,563 to €1,963
mainly Trade debts (-€13,537) and Provisions (-€9,390)
- Trade debts -€13,537
down €13,537 (-78.8%), from €17,179 to €3,642
- Provisions -€9,390
down €9,390 (-61.8%), from €15,190 to €5,800
- Profit (loss) carried forward +€5,246
up €5,246 (+32.5%), from -€16,142 to -€10,897
- Other debts -€3,000
down €3,000 (-100.0%), from €3,000 to €0
- Taxes -€11,020
down €11,020 (-100.0%), from €11,020 to €0
- Gross operating margin +€9,423
up €9,423 (+70.4%), from -€13,377 to -€3,954
- Provisions -€3,590
down €3,590 (-61.9%), from -€5,800 to -€9,390
- Financial charges -€1,278
down €1,278 (-100.0%), from €1,278 to €0
of which Non-recurring financial charges: -€1,278
- Other operating charges -€376
down €376 (-66.4%), from €566 to €191
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.
Cash bridge derived
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 | €39,996 | €19,038 | -€20,958 | -52.4% |
| Current assets | 29/58 | €39,996 | €19,038 | -€20,958 | -52.4% |
| Amounts receivable within one year | 40/41 | €37,433 | €17,075 | -€20,358 | -54.4% |
| Trade receivables | 40 | €25,959 | €11,798 | -€14,161 | -54.6% |
| Other amounts receivable | 41 | €11,475 | €5,278 | -€6,197 | -54.0% |
| Cash at bank and in hand | 54/58 | €2,563 | €1,963 | -€600 | -23.4% |
| Total equity and liabilities | 10/49 | €39,996 | €19,038 | -€20,958 | -52.4% |
| Equity | 10/15 | €4,318 | €9,563 | +€5,246 | +121.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,142 | -€10,897 | +€5,246 | +32.5% |
| Provisions and deferred taxes | 16 | €15,190 | €5,800 | -€9,390 | -61.8% |
| Provisions for liabilities and charges | 160/5 | €15,190 | €5,800 | -€9,390 | -61.8% |
| Other liabilities and charges | 164/5 | €15,190 | €5,800 | -€9,390 | -61.8% |
| Amounts payable | 17/49 | €20,488 | €3,675 | -€16,814 | -82.1% |
| Amounts payable within one year | 42/48 | €20,488 | €3,675 | -€16,814 | -82.1% |
| Trade debts | 44 | €17,179 | €3,642 | -€13,537 | -78.8% |
| Suppliers | 440/4 | €17,179 | €3,642 | -€13,537 | -78.8% |
| Taxes, remuneration and social security | 45 | €310 | €33 | -€277 | -89.5% |
| Taxes | 450/3 | €310 | €33 | -€277 | -89.5% |
| Other amounts payable | 47/48 | €3,000 | €0 | -€3,000 | -100.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€5,800 | -€9,390 | -€3,590 | -61.9% |
| Other operating charges | 640/8 | €566 | €191 | -€376 | -66.4% |
| Gross operating margin | 9900 | -€13,377 | -€3,954 | +€9,423 | +70.4% |
| Operating profit (loss) | 9901 | -€8,143 | €5,246 | +€13,389 | |
| Financial charges | 65/66B | €1,278 | €0 | -€1,278 | -100.0% |
| Recurring financial charges | 65 | €0 | €0 | -€0 | -100.0% |
| Non-recurring financial charges | 66B | €1,278 | €0 | -€1,278 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,421 | €5,246 | +€14,667 | |
| Income taxes | 67/77 | €11,020 | €0 | -€11,020 | -100.0% |
| Profit (loss) for the period | 9904 | -€20,441 | €5,246 | +€25,687 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,441 | €5,246 | +€25,687 |
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 10 October 2026 via checked.be.