Sandermans Transports: 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.
What changed
Sandermans Transports
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€312,337
2024 · €82,682+€229,655
Equity
€2.2m
2024 · €2.0m+€162,337
Cash
€364,120
2024 · €280,878+€83,242
Balance sheet total
€3.9m
2024 · €3.8m+€112,334
Largest movements
Assets
- Cash +€83,242
up €83,242 (+29.6%), from €280,878 to €364,120
mainly Net result for the year (+€312,337) and Tax, wage and social debts (+€198,253)
- Tangible fixed assets -€48,810
down €48,810 (-15.1%), from €322,611 to €273,801
of which Furniture and vehicles: -€38,434
- Receivables within one year +€43,273
up €43,273 (+1.8%), from €2.5m to €2.5m
of which Other amounts receivable: +€136,530
- Deferred charges and accrued income +€40,184
up €40,184 (+47.5%), from €84,532 to €124,716
Equity and liabilities
- Trade debts -€366,292
down €366,292 (-33.1%), from €1.1m to €739,952
- Tax, wage and social debts +€198,253
up €198,253 (+117%), from €170,034 to €368,287
of which Remuneration and social security: +€103,008
- Profit (loss) carried forward +€162,337
up €162,337 (+10.1%), from €1.6m to €1.8m
- Other debts +€149,912
up €149,912 (+311%), from €48,212 to €198,124
Income statement
- Gross operating margin +€587,823
up €587,823 (+16.2%), from €3.6m to €4.2m
- Staff costs +€242,532
up €242,532 (+8.2%), from €2.9m to €3.2m
- Taxes +€95,039
up €95,039 (+260%), from €36,518 to €131,557
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.
Result 2024
€82,682
Gross operating margin
+€587,823
Staff costs
-€242,532
Depreciation
-€10,523
Write-downs
+€500
Other operating charges
-€39,507
Financial income
+€26,500
Financial charges
+€2,434
Taxes
-€95,039
Result 2025
€312,337
raises the resultlowers the result
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.
From operations
+€310,155
Investment
-€45,198
Financing
-€181,715
Cash 2024
€280,878
From operations (derived)
+€310,155
Net result for the year
+€312,337
Depreciation
+€94,007
Stocks and contracts
+€5,555
Receivables within one year
-€43,273
Deferred charges and accrued income
-€40,184
Trade debts
-€366,292
Tax, wage and social debts
+€198,253
Other debts
+€149,912
Accrued charges and deferred income
-€161
Investment (derived)
-€45,198
Investment in fixed assets (net)
-€45,198
Financing
-€181,715
Debts after one year
-€38,523
Current portion of long-term debt
-€15,346
Short-term financial debts
+€22,154
Contributions, distributions and other
-€150,000
Cash 2025
€364,120
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,818,809 | €3,931,144 | +€112,334 | +2.9% |
| Fixed assets | 21/28 | €422,871 | €374,061 | -€48,810 | -11.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €322,611 | €273,801 | -€48,810 | -15.1% |
| Plant, machinery and equipment | 23 | €35,306 | €33,841 | -€1,465 | -4.1% |
| Furniture and vehicles | 24 | €278,394 | €239,960 | -€38,434 | -13.8% |
| Leasing and similar rights | 25 | €8,911 | €0 | -€8,911 | -100% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €100,260 | €100,260 | = | 0.0% |
| Current assets | 29/58 | €3,395,938 | €3,557,082 | +€161,144 | +4.7% |
| Amounts receivable after more than one year | 29 | €490,000 | €490,000 | = | 0.0% |
| Other amounts receivable | 291 | €490,000 | €490,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €73,670 | €68,114 | -€5,555 | -7.5% |
| Stocks | 30/36 | €73,670 | €68,114 | -€5,555 | -7.5% |
| Amounts receivable within one year | 40/41 | €2,466,859 | €2,510,132 | +€43,273 | +1.8% |
| Trade receivables | 40 | €2,126,155 | €2,032,899 | -€93,257 | -4.4% |
| Other amounts receivable | 41 | €340,704 | €477,234 | +€136,530 | +40.1% |
| Cash at bank and in hand | 54/58 | €280,878 | €364,120 | +€83,242 | +29.6% |
| Deferred charges and accrued income | 490/1 | €84,532 | €124,716 | +€40,184 | +47.5% |
| Total equity and liabilities | 10/49 | €3,818,809 | €3,931,144 | +€112,334 | +2.9% |
| Equity | 10/15 | €2,042,376 | €2,204,713 | +€162,337 | +7.9% |
| Contributions | 10/11 | €132,375 | €132,375 | = | 0.0% |
| Capital | 10 | €132,375 | €132,375 | = | 0.0% |
| Issued capital | 100 | €132,375 | €132,375 | = | 0.0% |
| Reserves | 13 | €307,609 | €307,609 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,777 | €14,777 | = | 0.0% |
| Legal reserve | 130 | €13,238 | €13,238 | = | 0.0% |
| Other | 1319 | €1,540 | €1,540 | = | 0.0% |
| Tax-exempt reserves | 132 | €100,806 | €100,806 | = | 0.0% |
| Distributable reserves | 133 | €192,025 | €192,025 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,602,392 | €1,764,729 | +€162,337 | +10.1% |
| Amounts payable | 17/49 | €1,776,434 | €1,726,431 | -€50,003 | -2.8% |
| Amounts payable after more than one year | 17 | €61,169 | €22,645 | -€38,523 | -63.0% |
| Financial debts | 170/4 | €61,169 | €22,645 | -€38,523 | -63.0% |
| Amounts payable within one year | 42/48 | €1,703,704 | €1,692,385 | -€11,319 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €53,869 | €38,523 | -€15,346 | -28.5% |
| Financial debts | 43 | €325,345 | €347,499 | +€22,154 | +6.8% |
| Credit institutions | 430/8 | €325,345 | €347,499 | +€22,154 | +6.8% |
| Trade debts | 44 | €1,106,244 | €739,952 | -€366,292 | -33.1% |
| Suppliers | 440/4 | €1,106,244 | €739,952 | -€366,292 | -33.1% |
| Taxes, remuneration and social security | 45 | €170,034 | €368,287 | +€198,253 | +117% |
| Taxes | 450/3 | €56,427 | €151,671 | +€95,244 | +169% |
| Remuneration and social security | 454/9 | €113,607 | €216,616 | +€103,008 | +90.7% |
| Other amounts payable | 47/48 | €48,212 | €198,124 | +€149,912 | +311% |
| Accrued charges and deferred income | 492/3 | €11,561 | €11,400 | -€161 | -1.4% |
| Turnover | 70 | €0 | €0 | = | |
| Non-recurring operating income | 76A | €175,135 | €310,130 | +€134,994 | +77.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €2,943,645 | €3,186,177 | +€242,532 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,484 | €94,007 | +€10,523 | +12.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €500 | - | -€500 | |
| Other operating charges | 640/8 | €485,122 | €524,629 | +€39,507 | +8.1% |
| Gross operating margin | 9900 | €3,634,593 | €4,222,416 | +€587,823 | +16.2% |
| Operating profit (loss) | 9901 | €121,842 | €417,602 | +€295,761 | +243% |
| Financial income | 75/76B | €20,038 | €46,538 | +€26,500 | +132% |
| Recurring financial income | 75 | €20,038 | €46,538 | +€26,500 | +132% |
| Financial charges | 65/66B | €22,680 | €20,246 | -€2,434 | -10.7% |
| Recurring financial charges | 65 | €22,680 | €20,246 | -€2,434 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €119,199 | €443,894 | +€324,695 | +272% |
| Income taxes | 67/77 | €36,518 | €131,557 | +€95,039 | +260% |
| Profit (loss) for the period | 9904 | €82,682 | €312,337 | +€229,655 | +278% |
| Transfer from tax-exempt reserves | 789 | €124,600 | - | -€124,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €207,282 | €312,337 | +€105,055 | +50.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.