SANDRI: 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.
SANDRI
Largest movements
- Tangible fixed assets -€27,944
down €27,944 (-10.7%), from €262,359 to €234,416
- Accrued charges and deferred income +€46,933
new in 2022: €46,933
- Profit (loss) carried forward -€35,638
down €35,638 (-80.6%), from €44,212 to €8,574
- Debts within one year -€34,892
down €34,892 (-12.7%), from €275,571 to €240,679
- Depreciation -€2,099
down €2,099 (-19.0%), from €11,055 to €8,956
- Other operating charges +€1,764
new in 2022: €1,764
- Financial charges +€638
new in 2022: €638
- Gross operating margin +€327
up €327 (+4.9%), from €6,672 to €6,999
From the 2019 result to the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2019 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €472,408 | €445,392 | -€27,016 | -5.7% |
| Fixed assets | 21/28 | €262,954 | €235,011 | -€27,944 | -10.6% |
| Tangible fixed assets | 22/27 | €262,359 | €234,416 | -€27,944 | -10.7% |
| Land and buildings | 22 | - | €234,416 | +€234,416 | |
| Financial fixed assets | 28 | €595 | €595 | = | 0.0% |
| Current assets | 29/58 | €209,454 | €210,382 | +€928 | +0.4% |
| Amounts receivable within one year | 40/41 | €209,454 | €208,890 | -€564 | -0.3% |
| Trade receivables | 40 | - | €62,445 | +€62,445 | |
| Other amounts receivable | 41 | - | €146,445 | +€146,445 | |
| Cash at bank and in hand | 54/58 | - | €1,492 | +€1,492 | |
| Total equity and liabilities | 10/49 | €472,408 | €445,392 | -€27,016 | -5.7% |
| Equity | 10/15 | €67,166 | €29,271 | -€37,895 | -56.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €16,757 | €14,500 | -€2,257 | -13.5% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Tax-exempt reserves | 132 | - | €12,641 | +€12,641 | |
| Profit (loss) carried forward | 14 | €44,212 | €8,574 | -€35,638 | -80.6% |
| Provisions and deferred taxes | 16 | €7,671 | €6,509 | -€1,162 | -15.1% |
| Deferred taxes | 168 | - | €6,509 | +€6,509 | |
| Amounts payable | 17/49 | €397,571 | €409,612 | +€12,041 | +3.0% |
| Amounts payable after more than one year | 17 | €122,000 | €122,000 | = | 0.0% |
| Financial debts | 170/4 | - | €122,000 | +€122,000 | |
| Amounts payable within one year | 42/48 | €275,571 | €240,679 | -€34,892 | -12.7% |
| Trade debts | 44 | €15,886 | €17,530 | +€1,643 | +10.3% |
| Suppliers | 440/4 | - | €17,530 | +€17,530 | |
| Taxes, remuneration and social security | 45 | - | €105,289 | +€105,289 | |
| Taxes | 450/3 | - | €2,789 | +€2,789 | |
| Remuneration and social security | 454/9 | - | €102,501 | +€102,501 | |
| Other amounts payable | 47/48 | - | €117,860 | +€117,860 | |
| Accrued charges and deferred income | 492/3 | - | €46,933 | +€46,933 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,055 | €8,956 | -€2,099 | -19.0% |
| Other operating charges | 640/8 | - | €1,764 | +€1,764 | |
| Gross operating margin | 9900 | €6,672 | €6,999 | +€327 | +4.9% |
| Operating profit (loss) | 9901 | -€7,110 | -€3,721 | +€3,389 | +47.7% |
| Financial charges | 65/66B | - | €638 | +€638 | |
| Recurring financial charges | 65 | €1,461 | €638 | -€823 | -56.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,571 | -€4,359 | +€4,212 | +49.1% |
| Transfer from deferred taxes | 780 | - | €387 | +€387 | |
| Profit (loss) for the period | 9904 | -€8,184 | -€3,972 | +€4,212 | +51.5% |
| Transfer from tax-exempt reserves | 789 | - | €752 | +€752 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,432 | -€3,220 | +€4,212 | +56.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.