REDERIJ SANDRA: 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.
REDERIJ SANDRA
Largest movements
- Financial fixed assets -€950,000
down €950,000 (-67.9%), from €1.4m to €450,000
- Receivables within one year -€611,262
down €611,262 (-87.8%), from €696,302 to €85,040
- Receivables after one year -€588,127
down €588,127 (-85.4%), from €688,282 to €100,155
- Profit (loss) carried forward -€2.2m
down €2.2m, from €1.7m to -€444,617
- Financial charges +€2.1m
up €2.1m (+10628.3%), from €20,201 to €2.2m
of which Financial charges: +€1.2m
- Gross operating margin +€6,103
up €6,103 (+20.0%), from -€30,528 to -€24,425
- Staff costs -€5,571
no longer reported in 2024 (was €5,571)
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 | €2,785,941 | €643,590 | -€2.1m | -76.9% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €1,400,000 | €450,000 | -€950,000 | -67.9% |
| Financial fixed assets | 28 | €1,400,000 | €450,000 | -€950,000 | -67.9% |
| Current assets | 29/58 | €1,385,941 | €193,590 | -€1.2m | -86.0% |
| Amounts receivable after more than one year | 29 | €688,282 | €100,155 | -€588,127 | -85.4% |
| Other amounts receivable | 291 | €688,282 | €100,155 | -€588,127 | -85.4% |
| Amounts receivable within one year | 40/41 | €696,302 | €85,040 | -€611,262 | -87.8% |
| Other amounts receivable | 41 | €696,302 | €85,040 | -€611,262 | -87.8% |
| Cash at bank and in hand | 54/58 | €1,087 | €8,126 | +€7,039 | +647.5% |
| Deferred charges and accrued income | 490/1 | €270 | €270 | +€0 | +0.1% |
| Total equity and liabilities | 10/49 | €2,785,941 | €643,590 | -€2.1m | -76.9% |
| Equity | 10/15 | €1,741,194 | -€424,157 | -€2.2m | |
| 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 | €1,720,734 | -€444,617 | -€2.2m | |
| Amounts payable | 17/49 | €1,044,747 | €1,067,747 | +€23,000 | +2.2% |
| Amounts payable after more than one year | 17 | €851,816 | €851,816 | +€0 | 0.0% |
| Other amounts payable | 178/9 | €851,816 | €851,816 | +€0 | 0.0% |
| Amounts payable within one year | 42/48 | €192,931 | €215,930 | +€22,999 | +11.9% |
| Trade debts | 44 | - | €15,614 | +€15,614 | |
| Suppliers | 440/4 | - | €15,614 | +€15,614 | |
| Taxes, remuneration and social security | 45 | €1,500 | €1,500 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €191,431 | €198,817 | +€7,386 | +3.9% |
| Remuneration, social security and pensions | 62 | €5,571 | - | -€5,571 | |
| Other operating charges | 640/8 | €1,075 | €1,094 | +€19 | +1.7% |
| Gross operating margin | 9900 | -€30,528 | -€24,425 | +€6,103 | +20.0% |
| Operating profit (loss) | 9901 | -€37,174 | -€25,519 | +€11,655 | +31.4% |
| Financial income | 75/76B | €27,527 | €27,400 | -€127 | -0.5% |
| Recurring financial income | 75 | €27,527 | €27,400 | -€127 | -0.5% |
| Financial charges | 65/66B | €20,201 | €2,167,231 | +€2.1m | +10628.3% |
| Recurring financial charges | 65 | €20,201 | €1,217,231 | +€1.2m | +5925.6% |
| Non-recurring financial charges | 66B | - | €950,000 | +€950,000 | |
| Profit (loss) for the period before taxes | 9903 | -€29,848 | -€2,165,350 | -€2.1m | -7154.6% |
| Profit (loss) for the period | 9904 | -€29,848 | -€2,165,350 | -€2.1m | -7154.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,848 | -€2,165,350 | -€2.1m | -7154.6% |
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 12 October 2026 via checked.be.