St.sani: 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.
St.sani
Largest movements
- Receivables within one year +€32,631
up €32,631 (+40.7%), from €80,196 to €112,827
of which Other amounts receivable: +€29,966
- Trade debts +€12,972
up €12,972, from €0 to €12,972
- Reserves +€11,100
up €11,100 (+20.6%), from €53,760 to €64,860
of which Distributable reserves: +€11,100
- Short-term financial debts +€8,912
up €8,912 (+195%), from €4,567 to €13,480
- Profit (loss) carried forward +€2,305
up €2,305 (+199%), from €1,158 to €3,463
- Debts after one year -€1,461
down €1,461 (-100%), from €1,461 to €0
- Gross operating margin -€12,397
down €12,397 (-42.8%), from €28,934 to €16,537
- Taxes -€8,815
down €8,815 (-100%), from €8,815 to €0
- Depreciation -€1,214
down €1,214 (-100%), from €1,214 to €0
- Financial charges +€949
up €949 (+121%), from €781 to €1,730
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,196 | €112,827 | +€32,631 | +40.7% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €80,196 | €112,827 | +€32,631 | +40.7% |
| Amounts receivable within one year | 40/41 | €80,196 | €112,827 | +€32,631 | +40.7% |
| Trade receivables | 40 | €57,008 | €59,672 | +€2,665 | +4.7% |
| Other amounts receivable | 41 | €23,189 | €53,155 | +€29,966 | +129% |
| Total equity and liabilities | 10/49 | €80,196 | €112,827 | +€32,631 | +40.7% |
| Equity | 10/15 | €61,118 | €74,523 | +€13,405 | +21.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €53,760 | €64,860 | +€11,100 | +20.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €51,900 | €63,000 | +€11,100 | +21.4% |
| Profit (loss) carried forward | 14 | €1,158 | €3,463 | +€2,305 | +199% |
| Amounts payable | 17/49 | €19,078 | €38,304 | +€19,226 | +101% |
| Amounts payable after more than one year | 17 | €1,461 | €0 | -€1,461 | -100% |
| Financial debts | 170/4 | €1,461 | €0 | -€1,461 | -100% |
| Amounts payable within one year | 42/48 | €17,617 | €38,304 | +€20,687 | +117% |
| Current portion of amounts payable after more than one year | 42 | €5,781 | €4,584 | -€1,198 | -20.7% |
| Financial debts | 43 | €4,567 | €13,480 | +€8,912 | +195% |
| Credit institutions | 430/8 | €4,567 | €13,480 | +€8,912 | +195% |
| Trade debts | 44 | €0 | €12,972 | +€12,972 | |
| Suppliers | 440/4 | €0 | €12,972 | +€12,972 | |
| Taxes, remuneration and social security | 45 | €7,269 | €7,269 | = | 0.0% |
| Taxes | 450/3 | €7,269 | €7,269 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,214 | €0 | -€1,214 | -100% |
| Other operating charges | 640/8 | €1,263 | €1,402 | +€139 | +11.0% |
| Gross operating margin | 9900 | €28,934 | €16,537 | -€12,397 | -42.8% |
| Operating profit (loss) | 9901 | €26,457 | €15,135 | -€11,322 | -42.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €781 | €1,730 | +€949 | +121% |
| Recurring financial charges | 65 | €781 | €1,730 | +€949 | +121% |
| Profit (loss) for the period before taxes | 9903 | €25,676 | €13,405 | -€12,271 | -47.8% |
| Income taxes | 67/77 | €8,815 | €0 | -€8,815 | -100% |
| Profit (loss) for the period | 9904 | €16,861 | €13,405 | -€3,456 | -20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,861 | €13,405 | -€3,456 | -20.5% |
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 20 October 2026 via checked.be.