SANDAYO: 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.
SANDAYO
Largest movements
- Cash -€10,331
down €10,331 (-65.9%), from €15,672 to €5,341
mainly Trade debts (-€12,869) and Net result for the year (-€3,869)
- Receivables within one year +€3,549
up €3,549 (+8.5%), from €41,690 to €45,238
of which Other amounts receivable: +€1,781
- Trade debts -€12,869
down €12,869 (-30.1%), from €42,772 to €29,902
- Other debts +€9,331
up €9,331 (+3.8%), from €244,829 to €254,160
- Profit (loss) carried forward -€3,869
down €3,869 (-1.5%), from -€251,256 to -€255,124
- Tax, wage and social debts +€625
up €625 (+110.4%), from €566 to €1,191
- Gross operating margin +€39,959
up €39,959, from -€39,017 to €941
- Financial charges -€6,836
down €6,836 (-61.4%), from €11,132 to €4,296
- Other operating charges -€437
down €437 (-56.2%), from €777 to €340
- Depreciation -€401
no longer reported in 2024 (was €401)
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 | €57,362 | €50,580 | -€6,782 | -11.8% |
| Current assets | 29/58 | €57,362 | €50,580 | -€6,782 | -11.8% |
| Amounts receivable within one year | 40/41 | €41,690 | €45,238 | +€3,549 | +8.5% |
| Trade receivables | 40 | €20,605 | €22,372 | +€1,767 | +8.6% |
| Other amounts receivable | 41 | €21,085 | €22,866 | +€1,781 | +8.4% |
| Cash at bank and in hand | 54/58 | €15,672 | €5,341 | -€10,331 | -65.9% |
| Total equity and liabilities | 10/49 | €57,362 | €50,580 | -€6,782 | -11.8% |
| Equity | 10/15 | -€230,804 | -€234,673 | -€3,869 | -1.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€251,256 | -€255,124 | -€3,869 | -1.5% |
| Amounts payable | 17/49 | €288,166 | €285,253 | -€2,913 | -1.0% |
| Amounts payable within one year | 42/48 | €288,166 | €285,253 | -€2,913 | -1.0% |
| Trade debts | 44 | €42,772 | €29,902 | -€12,869 | -30.1% |
| Suppliers | 440/4 | €42,772 | €29,902 | -€12,869 | -30.1% |
| Taxes, remuneration and social security | 45 | €566 | €1,191 | +€625 | +110.4% |
| Taxes | 450/3 | €566 | €1,191 | +€625 | +110.4% |
| Other amounts payable | 47/48 | €244,829 | €254,160 | +€9,331 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €401 | - | -€401 | |
| Other operating charges | 640/8 | €777 | €340 | -€437 | -56.2% |
| Non-recurring operating charges | 66A | €6,028 | - | -€6,028 | |
| Gross operating margin | 9900 | -€39,017 | €941 | +€39,959 | |
| Operating profit (loss) | 9901 | -€46,223 | €601 | +€46,824 | |
| Financial income | 75/76B | €125 | €0 | -€125 | -99.6% |
| Recurring financial income | 75 | €125 | €0 | -€125 | -99.6% |
| Financial charges | 65/66B | €11,132 | €4,296 | -€6,836 | -61.4% |
| Recurring financial charges | 65 | €11,132 | €4,296 | -€6,836 | -61.4% |
| Profit (loss) for the period before taxes | 9903 | -€57,230 | -€3,694 | +€53,535 | +93.5% |
| Income taxes | 67/77 | €160 | €174 | +€14 | +9.0% |
| Profit (loss) for the period | 9904 | -€57,390 | -€3,869 | +€53,521 | +93.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,390 | -€3,869 | +€53,521 | +93.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.