Sandman Consultancy: 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.
Sandman Consultancy
Largest movements
- Cash +€18,676
up €18,676 (+51.7%), from €36,125 to €54,800
mainly Receivables within one year (+€13,807) and Current portion of long-term debt (+€9,213)
- Receivables within one year -€13,807
down €13,807 (-42.2%), from €32,702 to €18,895
of which Other amounts receivable: -€13,280
- Tangible fixed assets +€13,572
up €13,572 (+335%), from €4,055 to €17,628
of which Furniture and vehicles: +€15,066
- Current portion of long-term debt +€9,213
new in 2026: €9,213
- Tax, wage and social debts +€4,823
up €4,823 (+94.5%), from €5,103 to €9,926
- Debts after one year +€4,735
new in 2026: €4,735
- Depreciation +€4,899
up €4,899 (+259%), from €1,895 to €6,794
- Gross operating margin -€3,092
down €3,092 (-19.7%), from €15,662 to €12,571
- Taxes +€1,004
up €1,004 (+71.5%), from €1,404 to €2,408
- Other operating charges +€357
up €357 (+44.6%), from €801 to €1,158
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,882 | €101,323 | +€18,441 | +22.2% |
| Fixed assets | 21/28 | €4,055 | €17,628 | +€13,572 | +335% |
| Tangible fixed assets | 22/27 | €4,055 | €17,628 | +€13,572 | +335% |
| Plant, machinery and equipment | 23 | €4,055 | €2,562 | -€1,493 | -36.8% |
| Furniture and vehicles | 24 | - | €15,066 | +€15,066 | |
| Current assets | 29/58 | €78,827 | €83,696 | +€4,869 | +6.2% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,702 | €18,895 | -€13,807 | -42.2% |
| Trade receivables | 40 | €15,228 | €14,702 | -€527 | -3.5% |
| Other amounts receivable | 41 | €17,474 | €4,194 | -€13,280 | -76.0% |
| Cash at bank and in hand | 54/58 | €36,125 | €54,800 | +€18,676 | +51.7% |
| Total equity and liabilities | 10/49 | €82,882 | €101,323 | +€18,441 | +22.2% |
| Equity | 10/15 | €74,957 | €74,849 | -€108 | -0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €68,757 | €68,649 | -€108 | -0.2% |
| Distributable reserves | 133 | €68,757 | €68,649 | -€108 | -0.2% |
| Amounts payable | 17/49 | €7,925 | €26,474 | +€18,549 | +234% |
| Amounts payable after more than one year | 17 | - | €4,735 | +€4,735 | |
| Financial debts | 170/4 | - | €4,735 | +€4,735 | |
| Amounts payable within one year | 42/48 | €7,925 | €21,739 | +€13,814 | +174% |
| Current portion of amounts payable after more than one year | 42 | - | €9,213 | +€9,213 | |
| Trade debts | 44 | €1,934 | €1,712 | -€221 | -11.4% |
| Suppliers | 440/4 | €1,934 | €1,712 | -€221 | -11.4% |
| Taxes, remuneration and social security | 45 | €5,103 | €9,926 | +€4,823 | +94.5% |
| Taxes | 450/3 | €5,103 | €9,926 | +€4,823 | +94.5% |
| Other amounts payable | 47/48 | €888 | €888 | = | 0.0% |
| Non-recurring operating income | 76A | €18,873 | - | -€18,873 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,895 | €6,794 | +€4,899 | +259% |
| Other operating charges | 640/8 | €801 | €1,158 | +€357 | +44.6% |
| Gross operating margin | 9900 | €15,662 | €12,571 | -€3,092 | -19.7% |
| Operating profit (loss) | 9901 | €12,966 | €4,618 | -€8,348 | -64.4% |
| Financial income | 75/76B | €682 | €691 | +€9 | +1.3% |
| Recurring financial income | 75 | €682 | €691 | +€9 | +1.3% |
| Financial charges | 65/66B | €2,213 | €2,122 | -€91 | -4.1% |
| Recurring financial charges | 65 | €2,213 | €2,122 | -€91 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €11,436 | €3,188 | -€8,248 | -72.1% |
| Income taxes | 67/77 | €1,404 | €2,408 | +€1,004 | +71.5% |
| Profit (loss) for the period | 9904 | €10,032 | €780 | -€9,252 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,032 | €780 | -€9,252 | -92.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.