SANY GROUP: 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.
SANY GROUP
Largest movements
- Receivables within one year -€274,289
down €274,289 (-50.4%), from €544,417 to €270,128
of which Other amounts receivable: -€348,185
- Cash -€92,050
down €92,050 (-80.5%), from €114,328 to €22,278
mainly Other debts (-€450,000) and Trade debts (-€48,501)
- Deferred charges and accrued income -€37,722
down €37,722 (-71.3%), from €52,896 to €15,174
- Other debts -€450,000
no longer reported in 2025 (was €450,000)
- Reserves +€92,047
up €92,047 (+7.2%), from €1.3m to €1.4m
of which Distributable reserves: +€92,047
- Trade debts -€48,501
down €48,501 (-60.5%), from €80,141 to €31,640
- Purchases and services +€90,565
up €90,565 (+18.8%), from €480,596 to €571,161
- Turnover +€79,361
up €79,361 (+7.9%), from €1.0m to €1.1m
- Gross operating margin -€11,253
down €11,253 (-2.1%), from €543,276 to €532,023
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 | €3,038,468 | €2,642,461 | -€396,007 | -13.0% |
| Fixed assets | 21/28 | €2,326,827 | €2,334,880 | +€8,053 | +0.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €16,241 | €24,294 | +€8,053 | +49.6% |
| Plant, machinery and equipment | 23 | €16,241 | €24,294 | +€8,053 | +49.6% |
| Financial fixed assets | 28 | €2,310,586 | €2,310,586 | = | 0.0% |
| Current assets | 29/58 | €711,641 | €307,580 | -€404,061 | -56.8% |
| Amounts receivable within one year | 40/41 | €544,417 | €270,128 | -€274,289 | -50.4% |
| Trade receivables | 40 | €5,505 | €79,401 | +€73,896 | +1,342% |
| Other amounts receivable | 41 | €538,912 | €190,727 | -€348,185 | -64.6% |
| Cash at bank and in hand | 54/58 | €114,328 | €22,278 | -€92,050 | -80.5% |
| Deferred charges and accrued income | 490/1 | €52,896 | €15,174 | -€37,722 | -71.3% |
| Total equity and liabilities | 10/49 | €3,038,468 | €2,642,461 | -€396,007 | -13.0% |
| Equity | 10/15 | €2,435,977 | €2,528,024 | +€92,047 | +3.8% |
| Contributions | 10/11 | €1,150,000 | €1,150,000 | = | 0.0% |
| Capital | 10 | €1,150,000 | €1,150,000 | = | 0.0% |
| Issued capital | 100 | €1,150,000 | €1,150,000 | = | 0.0% |
| Reserves | 13 | €1,285,977 | €1,378,024 | +€92,047 | +7.2% |
| Non-distributable reserves | 130/1 | €115,000 | €115,000 | = | 0.0% |
| Legal reserve | 130 | €115,000 | €115,000 | = | 0.0% |
| Distributable reserves | 133 | €1,170,977 | €1,263,024 | +€92,047 | +7.9% |
| Amounts payable | 17/49 | €602,491 | €114,436 | -€488,055 | -81.0% |
| Amounts payable within one year | 42/48 | €602,491 | €114,436 | -€488,055 | -81.0% |
| Trade debts | 44 | €80,141 | €31,640 | -€48,501 | -60.5% |
| Suppliers | 440/4 | €80,141 | €31,640 | -€48,501 | -60.5% |
| Advances received on contracts in progress | 46 | - | €16,086 | +€16,086 | |
| Taxes, remuneration and social security | 45 | €72,350 | €66,711 | -€5,640 | -7.8% |
| Taxes | 450/3 | €16,198 | €17,445 | +€1,246 | +7.7% |
| Remuneration and social security | 454/9 | €56,152 | €49,266 | -€6,886 | -12.3% |
| Other amounts payable | 47/48 | €450,000 | - | -€450,000 | |
| Turnover | 70 | €1,005,842 | €1,085,203 | +€79,361 | +7.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €480,596 | €571,161 | +€90,565 | +18.8% |
| Remuneration, social security and pensions | 62 | €440,695 | €433,043 | -€7,653 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,901 | €7,237 | +€1,335 | +22.6% |
| Other operating charges | 640/8 | €1,598 | €1,176 | -€421 | -26.4% |
| Non-recurring operating charges | 66A | €12,478 | - | -€12,478 | |
| Gross operating margin | 9900 | €543,276 | €532,023 | -€11,253 | -2.1% |
| Operating profit (loss) | 9901 | €82,604 | €90,567 | +€7,963 | +9.6% |
| Financial income | 75/76B | €0 | €527 | +€527 | +5,269,900% |
| Recurring financial income | 75 | €0 | €527 | +€527 | +5,269,900% |
| Financial charges | 65/66B | €389 | €542 | +€153 | +39.4% |
| Recurring financial charges | 65 | €389 | €542 | +€153 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | €82,215 | €90,552 | +€8,337 | +10.1% |
| Income taxes | 67/77 | €4,736 | -€1,495 | -€6,231 | |
| Profit (loss) for the period | 9904 | €77,479 | €92,047 | +€14,568 | +18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €77,479 | €92,047 | +€14,568 | +18.8% |
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 15 October 2026 via checked.be.