SANDRAS STYLE: what changed
SANDRAS STYLE
Largest movements
- Cash -€10,709
down €10,709 (-49.9%), from €21,482 to €10,773
mainly Contributions, distributions and other (-€10,000) and Tax, wage and social debts (-€7,227)
- Tangible fixed assets -€6,283
down €6,283 (-43.4%), from €14,466 to €8,183
- Receivables within one year -€5,810
down €5,810 (-83.9%), from €6,923 to €1,113
of which Other amounts receivable: -€5,835
- Contributions -€10,000
down €10,000 (-50.0%), from €20,000 to €10,000
- Tax, wage and social debts -€7,227
down €7,227 (-43.8%), from €16,512 to €9,285
of which Remuneration and social security: -€7,351
- Debts after one year -€5,155
down €5,155 (-100%), from €5,155 to €0
- Profit (loss) carried forward +€3,719
up €3,719 (+60.6%), from -€6,134 to -€2,415
- Short-term financial debts -€3,201
down €3,201 (-100%), from €3,201 to €0
- Depreciation -€6,057
down €6,057 (-49.1%), from €12,340 to €6,283
- Staff costs -€3,778
down €3,778 (-4.0%), from €94,881 to €91,103
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,440 | €27,323 | -€23,116 | -45.8% |
| Fixed assets | 21/28 | €14,466 | €8,183 | -€6,283 | -43.4% |
| Tangible fixed assets | 22/27 | €14,466 | €8,183 | -€6,283 | -43.4% |
| Land and buildings | 22 | €2,150 | €0 | -€2,150 | -100% |
| Plant, machinery and equipment | 23 | €4,234 | €2,103 | -€2,131 | -50.3% |
| Furniture and vehicles | 24 | €8,082 | €6,080 | -€2,002 | -24.8% |
| Current assets | 29/58 | €35,974 | €19,140 | -€16,833 | -46.8% |
| Stocks and contracts in progress | 3 | €7,569 | €7,255 | -€314 | -4.2% |
| Stocks | 30/36 | €7,569 | €7,255 | -€314 | -4.2% |
| Amounts receivable within one year | 40/41 | €6,923 | €1,113 | -€5,810 | -83.9% |
| Trade receivables | 40 | €0 | €25 | +€25 | |
| Other amounts receivable | 41 | €6,923 | €1,088 | -€5,835 | -84.3% |
| Cash at bank and in hand | 54/58 | €21,482 | €10,773 | -€10,709 | -49.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €50,440 | €27,323 | -€23,116 | -45.8% |
| Equity | 10/15 | €13,866 | €7,585 | -€6,281 | -45.3% |
| Contributions | 10/11 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Profit (loss) carried forward | 14 | -€6,134 | -€2,415 | +€3,719 | +60.6% |
| Amounts payable | 17/49 | €36,573 | €19,738 | -€16,835 | -46.0% |
| Amounts payable after more than one year | 17 | €5,155 | €0 | -€5,155 | -100% |
| Financial debts | 170/4 | €5,155 | €0 | -€5,155 | -100% |
| Amounts payable within one year | 42/48 | €29,918 | €18,238 | -€11,680 | -39.0% |
| Current portion of amounts payable after more than one year | 42 | €6,040 | €5,155 | -€884 | -14.6% |
| Financial debts | 43 | €3,201 | €0 | -€3,201 | -100% |
| Credit institutions | 430/8 | €3,201 | €0 | -€3,201 | -100% |
| Trade debts | 44 | €4,165 | €3,798 | -€367 | -8.8% |
| Suppliers | 440/4 | €4,165 | €3,798 | -€367 | -8.8% |
| Taxes, remuneration and social security | 45 | €16,512 | €9,285 | -€7,227 | -43.8% |
| Taxes | 450/3 | €3,185 | €3,309 | +€124 | +3.9% |
| Remuneration and social security | 454/9 | €13,327 | €5,976 | -€7,351 | -55.2% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €94,881 | €91,103 | -€3,778 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,340 | €6,283 | -€6,057 | -49.1% |
| Other operating charges | 640/8 | €853 | €878 | +€25 | +3.0% |
| Gross operating margin | 9900 | €103,146 | €102,866 | -€281 | -0.3% |
| Operating profit (loss) | 9901 | -€4,928 | €4,602 | +€9,530 | |
| Financial income | 75/76B | €637 | €440 | -€197 | -30.9% |
| Recurring financial income | 75 | €637 | €440 | -€197 | -30.9% |
| Financial charges | 65/66B | €1,662 | €1,183 | -€479 | -28.8% |
| Recurring financial charges | 65 | €1,662 | €1,183 | -€479 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,952 | €3,859 | +€9,812 | |
| Income taxes | 67/77 | €72 | €141 | +€69 | +96.2% |
| Profit (loss) for the period | 9904 | -€6,024 | €3,719 | +€9,743 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,024 | €3,719 | +€9,743 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.