SAND - OR: what changed
Two fiscal 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 - OR
Largest movements
- Cash -€442
down €442 (-85.1%), from €520 to €78
mainly Other debts (-€4,800)
- Other debts -€4,800
down €4,800 (-16.7%), from €28,743 to €23,943
- Profit (loss) carried forward +€4,358
up €4,358 (+18.1%), from -€24,119 to -€19,761
- Gross operating margin -€128
down €128 (-2.2%), from €5,932 to €5,804
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.
Cash bridge derived
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 | €13,930 | €13,487 | -€442 | -3.2% |
| Fixed assets | 21/28 | €13,160 | €13,160 | = | 0.0% |
| Tangible fixed assets | 22/27 | €13,160 | €13,160 | = | 0.0% |
| Land and buildings | 22 | €13,160 | €13,160 | = | 0.0% |
| Current assets | 29/58 | €770 | €328 | -€442 | -57.4% |
| Amounts receivable within one year | 40/41 | €250 | €250 | = | 0.0% |
| Other amounts receivable | 41 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €520 | €78 | -€442 | -85.1% |
| Total equity and liabilities | 10/49 | €13,930 | €13,487 | -€442 | -3.2% |
| Equity | 10/15 | -€14,814 | -€10,456 | +€4,358 | +29.4% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €629 | €629 | = | 0.0% |
| Non-distributable reserves | 130/1 | €629 | €629 | = | 0.0% |
| Reserves not available under the articles | 1311 | €629 | €629 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,119 | -€19,761 | +€4,358 | +18.1% |
| Amounts payable | 17/49 | €28,743 | €23,943 | -€4,800 | -16.7% |
| Amounts payable within one year | 42/48 | €28,743 | €23,943 | -€4,800 | -16.7% |
| Other amounts payable | 47/48 | €28,743 | €23,943 | -€4,800 | -16.7% |
| Other operating charges | 640/8 | €1,359 | €1,401 | +€43 | +3.1% |
| Gross operating margin | 9900 | €5,932 | €5,804 | -€128 | -2.2% |
| Operating profit (loss) | 9901 | €4,573 | €4,403 | -€170 | -3.7% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €4,528 | €4,358 | -€170 | -3.8% |
| Profit (loss) for the period | 9904 | €4,528 | €4,358 | -€170 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,528 | €4,358 | -€170 | -3.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.