SANDRA21CMED: 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.
SANDRA21CMED
Largest movements
- Intangible fixed assets -€25,233
down €25,233 (-11.0%), from €229,169 to €203,936
- Tangible fixed assets +€7,395
new in 2025: €7,395
- Receivables within one year +€3,715
up €3,715 (+29.5%), from €12,585 to €16,300
of which Other amounts receivable: +€2,051
- Deferred charges and accrued income -€3,568
no longer reported in 2025 (was €3,568)
- Other debts -€36,945
down €36,945 (-17.4%), from €212,857 to €175,912
- Profit (loss) carried forward +€20,413
up €20,413 (+66.5%), from €30,717 to €51,130
- Financial charges +€5,933
up €5,933 (+2323.1%), from €255 to €6,189
- Gross operating margin -€5,256
down €5,256 (-7.8%), from €67,178 to €61,922
- Depreciation +€2,328
up €2,328 (+10.1%), from €23,165 to €25,493
- Taxes -€1,854
down €1,854 (-18.9%), from €9,803 to €7,949
- Other operating charges -€1,475
down €1,475 (-45.5%), from €3,238 to €1,763
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 | €250,140 | €233,817 | -€16,323 | -6.5% |
| Fixed assets | 21/28 | €229,169 | €211,331 | -€17,839 | -7.8% |
| Intangible fixed assets | 21 | €229,169 | €203,936 | -€25,233 | -11.0% |
| Tangible fixed assets | 22/27 | - | €7,395 | +€7,395 | |
| Other tangible fixed assets | 26 | - | €7,395 | +€7,395 | |
| Current assets | 29/58 | €20,970 | €22,486 | +€1,516 | +7.2% |
| Amounts receivable within one year | 40/41 | €12,585 | €16,300 | +€3,715 | +29.5% |
| Trade receivables | 40 | €12,388 | €14,052 | +€1,664 | +13.4% |
| Other amounts receivable | 41 | €197 | €2,248 | +€2,051 | +1041.0% |
| Cash at bank and in hand | 54/58 | €4,817 | €6,186 | +€1,369 | +28.4% |
| Deferred charges and accrued income | 490/1 | €3,568 | - | -€3,568 | |
| Total equity and liabilities | 10/49 | €250,140 | €233,817 | -€16,323 | -6.5% |
| Equity | 10/15 | €32,217 | €52,630 | +€20,413 | +63.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,717 | €51,130 | +€20,413 | +66.5% |
| Amounts payable | 17/49 | €217,923 | €181,187 | -€36,736 | -16.9% |
| Amounts payable within one year | 42/48 | €217,923 | €181,187 | -€36,736 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €3,393 | €3,394 | +€1 | 0.0% |
| Trade debts | 44 | €1,003 | €1,211 | +€208 | +20.7% |
| Suppliers | 440/4 | €1,003 | €1,211 | +€208 | +20.7% |
| Taxes, remuneration and social security | 45 | €670 | €670 | = | 0.0% |
| Taxes | 450/3 | €670 | €670 | = | 0.0% |
| Other amounts payable | 47/48 | €212,857 | €175,912 | -€36,945 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,165 | €25,493 | +€2,328 | +10.1% |
| Other operating charges | 640/8 | €3,238 | €1,763 | -€1,475 | -45.5% |
| Non-recurring operating charges | 66A | - | €127 | +€127 | |
| Gross operating margin | 9900 | €67,178 | €61,922 | -€5,256 | -7.8% |
| Operating profit (loss) | 9901 | €40,775 | €34,538 | -€6,237 | -15.3% |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €255 | €6,189 | +€5,933 | +2323.1% |
| Recurring financial charges | 65 | €255 | €6,189 | +€5,933 | +2323.1% |
| Profit (loss) for the period before taxes | 9903 | €40,520 | €28,362 | -€12,157 | -30.0% |
| Income taxes | 67/77 | €9,803 | €7,949 | -€1,854 | -18.9% |
| Profit (loss) for the period | 9904 | €30,717 | €20,413 | -€10,303 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,717 | €20,413 | -€10,303 | -33.5% |
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 11 October 2026 via checked.be.