Sandor Consulting: 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.
Sandor Consulting
Largest movements
- Cash +€154,664
up €154,664 (+68.8%), from €224,844 to €379,509
mainly Other debts (+€519,880) and Net result for the year (+€101,715)
- Receivables after one year -€100,000
down €100,000 (-31.3%), from €320,000 to €220,000
- Receivables within one year +€19,040
up €19,040 (+107%), from €17,749 to €36,789
of which Trade receivables: +€15,409
- Other debts +€519,880
up €519,880 (+8,551%), from €6,080 to €525,960
- Profit (loss) carried forward -€423,285
down €423,285 (-99.9%), from €423,610 to €325
- Debts after one year -€30,163
down €30,163 (-25.7%), from €117,557 to €87,394
- Gross operating margin -€19,472
down €19,472 (-11.9%), from €163,382 to €143,909
- Financial charges -€17,002
down €17,002 (-73.5%), from €23,144 to €6,143
- Other operating charges +€2,350
up €2,350 (+1,242%), from €189 to €2,539
- Taxes -€2,164
down €2,164 (-7.1%), from €30,533 to €28,369
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €591,750 | €665,205 | +€73,455 | +12.4% |
| Fixed assets | 21/28 | €28,495 | €24,396 | -€4,099 | -14.4% |
| Tangible fixed assets | 22/27 | €28,495 | €24,396 | -€4,099 | -14.4% |
| Land and buildings | 22 | €3,670 | €3,172 | -€497 | -13.6% |
| Plant, machinery and equipment | 23 | €1,060 | €538 | -€521 | -49.2% |
| Furniture and vehicles | 24 | €23,765 | €20,685 | -€3,080 | -13.0% |
| Current assets | 29/58 | €563,255 | €640,809 | +€77,554 | +13.8% |
| Amounts receivable after more than one year | 29 | €320,000 | €220,000 | -€100,000 | -31.3% |
| Other amounts receivable | 291 | €320,000 | €220,000 | -€100,000 | -31.3% |
| Amounts receivable within one year | 40/41 | €17,749 | €36,789 | +€19,040 | +107% |
| Trade receivables | 40 | €9,282 | €24,691 | +€15,409 | +166% |
| Other amounts receivable | 41 | €8,467 | €12,098 | +€3,631 | +42.9% |
| Current investments | 50/53 | - | €3,750 | +€3,750 | |
| Cash at bank and in hand | 54/58 | €224,844 | €379,509 | +€154,664 | +68.8% |
| Deferred charges and accrued income | 490/1 | €661 | €761 | +€100 | +15.1% |
| Total equity and liabilities | 10/49 | €591,750 | €665,205 | +€73,455 | +12.4% |
| Equity | 10/15 | €426,610 | €3,325 | -€423,285 | -99.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €423,610 | €325 | -€423,285 | -99.9% |
| Amounts payable | 17/49 | €165,140 | €661,880 | +€496,741 | +301% |
| Amounts payable after more than one year | 17 | €117,557 | €87,394 | -€30,163 | -25.7% |
| Financial debts | 170/4 | €117,557 | €87,394 | -€30,163 | -25.7% |
| Amounts payable within one year | 42/48 | €45,183 | €574,486 | +€529,304 | +1,171% |
| Current portion of amounts payable after more than one year | 42 | €29,006 | €30,163 | +€1,158 | +4.0% |
| Trade debts | 44 | €2,489 | €6,782 | +€4,293 | +172% |
| Suppliers | 440/4 | €2,489 | €6,782 | +€4,293 | +172% |
| Taxes, remuneration and social security | 45 | €7,608 | €11,581 | +€3,973 | +52.2% |
| Taxes | 450/3 | €7,608 | €11,581 | +€3,973 | +52.2% |
| Other amounts payable | 47/48 | €6,080 | €525,960 | +€519,880 | +8,551% |
| Accrued charges and deferred income | 492/3 | €2,400 | - | -€2,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,603 | €11,894 | +€291 | +2.5% |
| Other operating charges | 640/8 | €189 | €2,539 | +€2,350 | +1,242% |
| Gross operating margin | 9900 | €163,382 | €143,909 | -€19,472 | -11.9% |
| Operating profit (loss) | 9901 | €151,590 | €129,476 | -€22,113 | -14.6% |
| Financial income | 75/76B | €7,875 | €6,750 | -€1,125 | -14.3% |
| Recurring financial income | 75 | €7,875 | €6,750 | -€1,125 | -14.3% |
| Financial charges | 65/66B | €23,144 | €6,143 | -€17,002 | -73.5% |
| Recurring financial charges | 65 | €23,144 | €6,143 | -€17,002 | -73.5% |
| Profit (loss) for the period before taxes | 9903 | €136,320 | €130,083 | -€6,237 | -4.6% |
| Income taxes | 67/77 | €30,533 | €28,369 | -€2,164 | -7.1% |
| Profit (loss) for the period | 9904 | €105,787 | €101,715 | -€4,073 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €105,787 | €101,715 | -€4,073 | -3.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.