SANDRA & Co: 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.
SANDRA & Co
Largest movements
- Tangible fixed assets -€19,749
down €19,749 (-13.6%), from €145,669 to €125,919
of which Plant, machinery and equipment: -€11,200
- Other debts -€18,987
down €18,987 (-32.2%), from €58,894 to €39,908
- Trade debts -€3,158
down €3,158 (-77.9%), from €4,056 to €898
- Reserves +€2,694
up €2,694 (+3.6%), from €75,451 to €78,144
of which Distributable reserves: +€2,694
- Other operating charges +€1,198
up €1,198 (+63.7%), from €1,883 to €3,081
- Taxes -€338
down €338 (-25.1%), from €1,347 to €1,009
- Gross operating margin -€313
down €313 (-1.2%), from €26,846 to €26,533
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 | €145,945 | €126,156 | -€19,789 | -13.6% |
| Fixed assets | 21/28 | €145,719 | €125,969 | -€19,749 | -13.6% |
| Tangible fixed assets | 22/27 | €145,669 | €125,919 | -€19,749 | -13.6% |
| Land and buildings | 22 | €119,540 | €110,991 | -€8,549 | -7.2% |
| Plant, machinery and equipment | 23 | €26,128 | €14,928 | -€11,200 | -42.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €227 | €187 | -€40 | -17.5% |
| Cash at bank and in hand | 54/58 | €227 | €187 | -€40 | -17.5% |
| Total equity and liabilities | 10/49 | €145,945 | €126,156 | -€19,789 | -13.6% |
| Equity | 10/15 | €81,648 | €84,342 | +€2,694 | +3.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €75,451 | €78,144 | +€2,694 | +3.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €73,591 | €76,285 | +€2,694 | +3.7% |
| Amounts payable | 17/49 | €64,297 | €41,815 | -€22,483 | -35.0% |
| Amounts payable within one year | 42/48 | €64,297 | €41,815 | -€22,483 | -35.0% |
| Trade debts | 44 | €4,056 | €898 | -€3,158 | -77.9% |
| Suppliers | 440/4 | €4,056 | €898 | -€3,158 | -77.9% |
| Taxes, remuneration and social security | 45 | €1,347 | €1,009 | -€338 | -25.1% |
| Taxes | 450/3 | €1,347 | €1,009 | -€338 | -25.1% |
| Other amounts payable | 47/48 | €58,894 | €39,908 | -€18,987 | -32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,749 | €19,749 | = | 0.0% |
| Other operating charges | 640/8 | €1,883 | €3,081 | +€1,198 | +63.7% |
| Gross operating margin | 9900 | €26,846 | €26,533 | -€313 | -1.2% |
| Operating profit (loss) | 9901 | €5,215 | €3,703 | -€1,512 | -29.0% |
| Financial charges | 65/66B | €168 | - | -€168 | |
| Recurring financial charges | 65 | €168 | - | -€168 | |
| Profit (loss) for the period before taxes | 9903 | €5,047 | €3,703 | -€1,344 | -26.6% |
| Income taxes | 67/77 | €1,347 | €1,009 | -€338 | -25.1% |
| Profit (loss) for the period | 9904 | €3,700 | €2,694 | -€1,006 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,700 | €2,694 | -€1,006 | -27.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.