SANDIK: 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.
SANDIK
Largest movements
- Tangible fixed assets -€38,068
down €38,068 (-5.2%), from €729,561 to €691,494
- Debts after one year -€18,727
down €18,727 (-52.6%), from €35,593 to €16,866
- Other debts -€17,981
down €17,981 (-13.0%), from €138,594 to €120,613
- Depreciation +€1,717
up €1,717 (+3.5%), from €48,524 to €50,241
- Gross operating margin +€1,029
up €1,029 (+1.5%), from €68,179 to €69,208
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 | €782,983 | €747,970 | -€35,014 | -4.5% |
| Formation expenses | 20 | €4,041 | €2,694 | -€1,347 | -33.3% |
| Fixed assets | 21/28 | €729,561 | €691,494 | -€38,068 | -5.2% |
| Tangible fixed assets | 22/27 | €729,561 | €691,494 | -€38,068 | -5.2% |
| Land and buildings | 22 | €729,561 | €691,494 | -€38,068 | -5.2% |
| Current assets | 29/58 | €49,381 | €53,782 | +€4,401 | +8.9% |
| Amounts receivable within one year | 40/41 | €4,585 | €4,526 | -€59 | -1.3% |
| Other amounts receivable | 41 | €4,585 | €4,526 | -€59 | -1.3% |
| Cash at bank and in hand | 54/58 | €43,383 | €48,062 | +€4,679 | +10.8% |
| Deferred charges and accrued income | 490/1 | €1,413 | €1,194 | -€219 | -15.5% |
| Total equity and liabilities | 10/49 | €782,983 | €747,970 | -€35,014 | -4.5% |
| Equity | 10/15 | €582,431 | €589,762 | +€7,331 | +1.3% |
| Contributions | 10/11 | €213,931 | €213,931 | = | 0.0% |
| Revaluation surpluses | 12 | €84,453 | €84,453 | = | 0.0% |
| Reserves | 13 | €284,047 | €291,378 | +€7,331 | +2.6% |
| Distributable reserves | 133 | €284,047 | €291,378 | +€7,331 | +2.6% |
| Amounts payable | 17/49 | €200,552 | €158,208 | -€42,345 | -21.1% |
| Amounts payable after more than one year | 17 | €35,593 | €16,866 | -€18,727 | -52.6% |
| Financial debts | 170/4 | €35,593 | €16,866 | -€18,727 | -52.6% |
| Amounts payable within one year | 42/48 | €163,061 | €139,391 | -€23,670 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €24,267 | €18,727 | -€5,540 | -22.8% |
| Trade debts | 44 | €200 | €51 | -€149 | -74.4% |
| Suppliers | 440/4 | €200 | €51 | -€149 | -74.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €138,594 | €120,613 | -€17,981 | -13.0% |
| Accrued charges and deferred income | 492/3 | €1,898 | €1,950 | +€53 | +2.8% |
| Non-recurring operating income | 76A | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,524 | €50,241 | +€1,717 | +3.5% |
| Other operating charges | 640/8 | €7,196 | €6,758 | -€438 | -6.1% |
| Gross operating margin | 9900 | €68,179 | €69,208 | +€1,029 | +1.5% |
| Operating profit (loss) | 9901 | €12,459 | €12,210 | -€249 | -2.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,778 | €1,405 | -€373 | -21.0% |
| Recurring financial charges | 65 | €1,778 | €1,405 | -€373 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €10,681 | €10,805 | +€124 | +1.2% |
| Income taxes | 67/77 | €3,364 | €3,474 | +€110 | +3.3% |
| Profit (loss) for the period | 9904 | €7,317 | €7,331 | +€14 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,317 | €7,331 | +€14 | +0.2% |
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.