SAND MANAGEMENT: 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.
SAND MANAGEMENT
Largest movements
- Receivables within one year +€21,013
up €21,013 (+70.0%), from €30,000 to €51,013
of which Trade receivables: +€22,929
- Tangible fixed assets -€5,177
down €5,177 (-32.3%), from €16,008 to €10,831
of which Plant, machinery and equipment: -€4,342
- Cash -€2,181
down €2,181 (-6.8%), from €31,975 to €29,795
mainly Receivables within one year (-€21,013) and Tax, wage and social debts (-€10,351)
- Deferred charges and accrued income +€976
new in 2025: €976
- Trade debts +€15,259
new in 2025: €15,259
- Tax, wage and social debts -€10,351
down €10,351 (-54.9%), from €18,856 to €8,505
of which Taxes: -€12,934
- Profit (loss) carried forward +€6,558
up €6,558 (+12.7%), from €51,816 to €58,374
- Other debts +€3,017
up €3,017 (+131%), from €2,311 to €5,329
- Staff costs -€7,780
down €7,780 (-23.6%), from €32,999 to €25,219
- Taxes +€1,741
up €1,741 (+579%), from €301 to €2,042
- Financial charges +€1,136
up €1,136 (+1,009%), from €113 to €1,248
- Gross operating margin +€1,074
up €1,074 (+2.8%), from €37,761 to €38,834
- Depreciation +€408
up €408 (+8.6%), from €4,769 to €5,177
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 | €77,983 | €92,615 | +€14,632 | +18.8% |
| Fixed assets | 21/28 | €16,008 | €10,831 | -€5,177 | -32.3% |
| Tangible fixed assets | 22/27 | €16,008 | €10,831 | -€5,177 | -32.3% |
| Plant, machinery and equipment | 23 | €13,687 | €9,345 | -€4,342 | -31.7% |
| Furniture and vehicles | 24 | €2,321 | €1,486 | -€835 | -36.0% |
| Current assets | 29/58 | €61,975 | €81,784 | +€19,809 | +32.0% |
| Amounts receivable within one year | 40/41 | €30,000 | €51,013 | +€21,013 | +70.0% |
| Trade receivables | 40 | €0 | €22,929 | +€22,929 | |
| Other amounts receivable | 41 | €30,000 | €28,084 | -€1,916 | -6.4% |
| Cash at bank and in hand | 54/58 | €31,975 | €29,795 | -€2,181 | -6.8% |
| Deferred charges and accrued income | 490/1 | - | €976 | +€976 | |
| Total equity and liabilities | 10/49 | €77,983 | €92,615 | +€14,632 | +18.8% |
| Equity | 10/15 | €56,816 | €63,374 | +€6,558 | +11.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,816 | €58,374 | +€6,558 | +12.7% |
| Amounts payable | 17/49 | €21,167 | €29,241 | +€8,073 | +38.1% |
| Amounts payable within one year | 42/48 | €21,167 | €29,093 | +€7,925 | +37.4% |
| Trade debts | 44 | - | €15,259 | +€15,259 | |
| Suppliers | 440/4 | - | €15,259 | +€15,259 | |
| Taxes, remuneration and social security | 45 | €18,856 | €8,505 | -€10,351 | -54.9% |
| Taxes | 450/3 | €16,488 | €3,554 | -€12,934 | -78.4% |
| Remuneration and social security | 454/9 | €2,368 | €4,951 | +€2,583 | +109% |
| Other amounts payable | 47/48 | €2,311 | €5,329 | +€3,017 | +131% |
| Accrued charges and deferred income | 492/3 | - | €148 | +€148 | |
| Remuneration, social security and pensions | 62 | €32,999 | €25,219 | -€7,780 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,769 | €5,177 | +€408 | +8.6% |
| Gross operating margin | 9900 | €37,761 | €38,834 | +€1,074 | +2.8% |
| Operating profit (loss) | 9901 | -€7 | €8,439 | +€8,446 | |
| Financial income | 75/76B | €1,322 | €1,410 | +€88 | +6.6% |
| Recurring financial income | 75 | €1,322 | €1,410 | +€88 | +6.6% |
| Financial charges | 65/66B | €113 | €1,248 | +€1,136 | +1,009% |
| Recurring financial charges | 65 | €113 | €1,248 | +€1,136 | +1,009% |
| Profit (loss) for the period before taxes | 9903 | €1,202 | €8,600 | +€7,398 | +615% |
| Income taxes | 67/77 | €301 | €2,042 | +€1,741 | +579% |
| Profit (loss) for the period | 9904 | €901 | €6,558 | +€5,657 | +628% |
| Profit (loss) for the period to be appropriated | 9905 | €901 | €6,558 | +€5,657 | +628% |
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 14 October 2026 via checked.be.