Slagerij Santens: what changed
What changed
Slagerij Santens
NACE 47.221, Retail sale of meat and meat products, excluding game and poultry
filed annual accounts (NBB)
Net result for the year
€512
2025 · €12,576-€12,064
Equity
€30,714
2025 · €30,202+€512
Cash
€14,907
2025 · €15,832-€925
Balance sheet total
€333,504
2025 · €319,796+€13,708
Largest movements
Assets
- Tangible fixed assets +€14,227
up €14,227 (+5.1%), from €280,985 to €295,212
of which Furniture and vehicles: +€42,471
Equity and liabilities
- Current portion of long-term debt +€8,992
up €8,992 (+33.3%), from €27,018 to €36,010
- Trade debts +€4,028
up €4,028 (+43.5%), from €9,256 to €13,284
Income statement
- Gross operating margin -€25,696
down €25,696 (-36.9%), from €69,699 to €44,002
- Staff costs -€15,208
no longer reported in 2026 (was €15,208)
- Depreciation +€2,572
up €2,572 (+7.4%), from €34,627 to €37,199
- Taxes -€1,226
down €1,226 (-60.0%), from €2,043 to €817
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€12,576
Gross operating margin
-€25,696
Staff costs
+€15,208
Depreciation
-€2,572
Other operating charges
-€322
Financial income
-€33
Financial charges
+€125
Taxes
+€1,226
Result 2026
€512
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€41,300
Investment
-€51,426
Financing
+€9,201
Cash 2025
€15,832
From operations (derived)
+€41,300
Net result for the year
+€512
Depreciation
+€37,199
Smaller working-capital items
-€101
Receivables within one year
-€484
Deferred charges and accrued income
+€147
Trade debts
+€4,028
Investment (derived)
-€51,426
Investment in fixed assets (net)
-€51,426
Financing
+€9,201
Debts after one year
+€210
Current portion of long-term debt
+€8,992
Cash 2026
€14,907
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €319,796 | €333,504 | +€13,708 | +4.3% |
| Fixed assets | 21/28 | €281,340 | €295,566 | +€14,227 | +5.1% |
| Tangible fixed assets | 22/27 | €280,985 | €295,212 | +€14,227 | +5.1% |
| Land and buildings | 22 | €274,354 | €244,514 | -€29,840 | -10.9% |
| Plant, machinery and equipment | 23 | €6,631 | €8,227 | +€1,596 | +24.1% |
| Furniture and vehicles | 24 | - | €42,471 | +€42,471 | |
| Financial fixed assets | 28 | €354 | €354 | = | 0.0% |
| Current assets | 29/58 | €38,457 | €37,938 | -€519 | -1.4% |
| Stocks and contracts in progress | 3 | €17,188 | €17,256 | +€68 | +0.4% |
| Stocks | 30/36 | €17,188 | €17,256 | +€68 | +0.4% |
| Amounts receivable within one year | 40/41 | €3,530 | €4,014 | +€484 | +13.7% |
| Trade receivables | 40 | €1,943 | €212 | -€1,730 | -89.1% |
| Other amounts receivable | 41 | €1,587 | €3,801 | +€2,214 | +139% |
| Cash at bank and in hand | 54/58 | €15,832 | €14,907 | -€925 | -5.8% |
| Deferred charges and accrued income | 490/1 | €1,907 | €1,760 | -€147 | -7.7% |
| Total equity and liabilities | 10/49 | €319,796 | €333,504 | +€13,708 | +4.3% |
| Equity | 10/15 | €30,202 | €30,714 | +€512 | +1.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,202 | €8,714 | +€512 | +6.2% |
| Amounts payable | 17/49 | €289,594 | €302,790 | +€13,196 | +4.6% |
| Amounts payable after more than one year | 17 | €243,095 | €243,305 | +€210 | +0.1% |
| Financial debts | 170/4 | €243,095 | €243,305 | +€210 | +0.1% |
| Amounts payable within one year | 42/48 | €46,499 | €59,485 | +€12,986 | +27.9% |
| Current portion of amounts payable after more than one year | 42 | €27,018 | €36,010 | +€8,992 | +33.3% |
| Trade debts | 44 | €9,256 | €13,284 | +€4,028 | +43.5% |
| Suppliers | 440/4 | €9,256 | €13,284 | +€4,028 | +43.5% |
| Taxes, remuneration and social security | 45 | €1,533 | €1,500 | -€33 | -2.1% |
| Taxes | 450/3 | €1,533 | €1,500 | -€33 | -2.1% |
| Other amounts payable | 47/48 | €8,692 | €8,692 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €15,208 | - | -€15,208 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,627 | €37,199 | +€2,572 | +7.4% |
| Other operating charges | 640/8 | €810 | €1,132 | +€322 | +39.7% |
| Gross operating margin | 9900 | €69,699 | €44,002 | -€25,696 | -36.9% |
| Operating profit (loss) | 9901 | €19,053 | €5,671 | -€13,382 | -70.2% |
| Financial income | 75/76B | €33 | - | -€33 | |
| Recurring financial income | 75 | €33 | - | -€33 | |
| Financial charges | 65/66B | €4,467 | €4,342 | -€125 | -2.8% |
| Recurring financial charges | 65 | €4,467 | €4,342 | -€125 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €14,619 | €1,329 | -€13,291 | -90.9% |
| Income taxes | 67/77 | €2,043 | €817 | -€1,226 | -60.0% |
| Profit (loss) for the period | 9904 | €12,576 | €512 | -€12,064 | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,576 | €512 | -€12,064 | -95.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.