CIS VAN SANDE: 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.
CIS VAN SANDE
Largest movements
- Receivables within one year +€298,036
up €298,036 (+405%), from €73,550 to €371,586
of which Trade receivables: +€234,268
- Cash +€143,020
up €143,020 (+39.0%), from €366,431 to €509,451
mainly Net result for the year (+€257,281) and Trade debts (+€194,465)
- Tangible fixed assets +€79,830
up €79,830 (+53.7%), from €148,763 to €228,593
of which Plant, machinery and equipment: +€58,941
- Reserves +€251,464
up €251,464 (+59.2%), from €424,734 to €676,197
- Trade debts +€194,465
up €194,465 (+975%), from €19,935 to €214,400
- Debts after one year +€39,108
up €39,108 (+98.9%), from €39,539 to €78,647
- Current portion of long-term debt +€20,997
up €20,997 (+85.3%), from €24,624 to €45,621
- Tax, wage and social debts +€14,708
up €14,708 (+22.4%), from €65,576 to €80,283
of which Taxes: +€14,037
- Gross operating margin +€178,806
up €178,806 (+63.7%), from €280,875 to €459,681
- Taxes +€52,488
up €52,488 (+77.5%), from €67,725 to €120,213
- Staff costs +€5,360
up €5,360 (+75.2%), from €7,123 to €12,483
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 | €596,984 | €1,115,407 | +€518,423 | +86.8% |
| Fixed assets | 21/28 | €148,763 | €228,593 | +€79,830 | +53.7% |
| Tangible fixed assets | 22/27 | €148,763 | €228,593 | +€79,830 | +53.7% |
| Land and buildings | 22 | €25,999 | €0 | -€25,999 | -100% |
| Plant, machinery and equipment | 23 | €8,447 | €67,388 | +€58,941 | +698% |
| Furniture and vehicles | 24 | €114,317 | €139,418 | +€25,101 | +22.0% |
| Other tangible fixed assets | 26 | - | €21,787 | +€21,787 | |
| Current assets | 29/58 | €448,221 | €886,814 | +€438,593 | +97.9% |
| Stocks and contracts in progress | 3 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Stocks | 30/36 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Amounts receivable within one year | 40/41 | €73,550 | €371,586 | +€298,036 | +405% |
| Trade receivables | 40 | €13,839 | €248,107 | +€234,268 | +1,693% |
| Other amounts receivable | 41 | €59,711 | €123,479 | +€63,768 | +107% |
| Cash at bank and in hand | 54/58 | €366,431 | €509,451 | +€143,020 | +39.0% |
| Deferred charges and accrued income | 490/1 | €3,240 | €3,277 | +€37 | +1.1% |
| Total equity and liabilities | 10/49 | €596,984 | €1,115,407 | +€518,423 | +86.8% |
| Equity | 10/15 | €443,326 | €694,789 | +€251,464 | +56.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €424,734 | €676,197 | +€251,464 | +59.2% |
| Distributable reserves | 133 | €424,734 | €676,197 | +€251,464 | +59.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €153,658 | €420,618 | +€266,960 | +174% |
| Amounts payable after more than one year | 17 | €39,539 | €78,647 | +€39,108 | +98.9% |
| Financial debts | 170/4 | €39,539 | €78,647 | +€39,108 | +98.9% |
| Amounts payable within one year | 42/48 | €114,119 | €341,970 | +€227,851 | +200% |
| Current portion of amounts payable after more than one year | 42 | €24,624 | €45,621 | +€20,997 | +85.3% |
| Financial debts | 43 | €1,667 | €0 | -€1,667 | -100% |
| Credit institutions | 430/8 | €1,667 | €0 | -€1,667 | -100% |
| Trade debts | 44 | €19,935 | €214,400 | +€194,465 | +975% |
| Suppliers | 440/4 | €19,935 | €214,400 | +€194,465 | +975% |
| Taxes, remuneration and social security | 45 | €65,576 | €80,283 | +€14,708 | +22.4% |
| Taxes | 450/3 | €63,256 | €77,293 | +€14,037 | +22.2% |
| Remuneration and social security | 454/9 | €2,320 | €2,990 | +€670 | +28.9% |
| Other amounts payable | 47/48 | €2,318 | €1,666 | -€652 | -28.1% |
| Non-recurring operating income | 76A | €7,066 | €0 | -€7,066 | -100% |
| Remuneration, social security and pensions | 62 | €7,123 | €12,483 | +€5,360 | +75.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,875 | €65,639 | +€1,764 | +2.8% |
| Other operating charges | 640/8 | €3,241 | €3,023 | -€218 | -6.7% |
| Gross operating margin | 9900 | €280,875 | €459,681 | +€178,806 | +63.7% |
| Operating profit (loss) | 9901 | €206,635 | €378,536 | +€171,901 | +83.2% |
| Financial income | 75/76B | €3,761 | €5,059 | +€1,298 | +34.5% |
| Recurring financial income | 75 | €3,761 | €5,059 | +€1,298 | +34.5% |
| Financial charges | 65/66B | €6,444 | €6,101 | -€344 | -5.3% |
| Recurring financial charges | 65 | €6,444 | €6,101 | -€344 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €203,952 | €377,494 | +€173,542 | +85.1% |
| Income taxes | 67/77 | €67,725 | €120,213 | +€52,488 | +77.5% |
| Profit (loss) for the period | 9904 | €136,227 | €257,281 | +€121,054 | +88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €136,227 | €257,281 | +€121,054 | +88.9% |
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 21 October 2026 via checked.be.