SANDRIMMO: 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.
SANDRIMMO
Largest movements
- Receivables within one year +€14,890
up €14,890 (+26.9%), from €55,335 to €70,225
of which Other amounts receivable: +€14,372
- Cash +€12,724
up €12,724 (+18.1%), from €70,297 to €83,021
mainly Depreciation (+€25,065) and Other debts (+€7,710)
- Tangible fixed assets -€8,326
down €8,326 (-2.5%), from €329,685 to €321,360
of which Land and buildings: -€15,001
- Deferred charges and accrued income -€6,655
down €6,655 (-29.4%), from €22,670 to €16,015
- Profit (loss) carried forward +€10,157
up €10,157 (+7.9%), from -€129,307 to -€119,150
- Other debts +€7,710
up €7,710 (+3.9%), from €195,376 to €203,086
- Depreciation -€6,805
down €6,805 (-21.4%), from €31,870 to €25,065
- Gross operating margin +€6,403
up €6,403 (+13.9%), from €46,180 to €52,583
- Financial charges -€1,980
down €1,980 (-11.5%), from €17,289 to €15,309
- Other operating charges -€1,517
down €1,517 (-16.6%), from €9,163 to €7,646
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 | €635,636 | €648,269 | +€12,633 | +2.0% |
| Fixed assets | 21/28 | €487,334 | €479,008 | -€8,326 | -1.7% |
| Tangible fixed assets | 22/27 | €329,685 | €321,360 | -€8,326 | -2.5% |
| Land and buildings | 22 | €318,438 | €303,437 | -€15,001 | -4.7% |
| Plant, machinery and equipment | 23 | €10,314 | €6,937 | -€3,377 | -32.7% |
| Furniture and vehicles | 24 | €934 | €10,985 | +€10,052 | +1,076% |
| Financial fixed assets | 28 | €157,649 | €157,649 | = | 0.0% |
| Current assets | 29/58 | €148,302 | €169,261 | +€20,959 | +14.1% |
| Amounts receivable within one year | 40/41 | €55,335 | €70,225 | +€14,890 | +26.9% |
| Trade receivables | 40 | €4,001 | €4,518 | +€517 | +12.9% |
| Other amounts receivable | 41 | €51,334 | €65,707 | +€14,372 | +28.0% |
| Cash at bank and in hand | 54/58 | €70,297 | €83,021 | +€12,724 | +18.1% |
| Deferred charges and accrued income | 490/1 | €22,670 | €16,015 | -€6,655 | -29.4% |
| Total equity and liabilities | 10/49 | €635,636 | €648,269 | +€12,633 | +2.0% |
| Equity | 10/15 | €386,744 | €393,798 | +€7,053 | +1.8% |
| Contributions | 10/11 | €453,694 | €453,694 | = | 0.0% |
| Capital | 10 | €453,694 | €453,694 | = | 0.0% |
| Issued capital | 100 | €453,694 | €453,694 | = | 0.0% |
| Reserves | 13 | €62,358 | €59,254 | -€3,104 | -5.0% |
| Tax-exempt reserves | 132 | €62,358 | €59,254 | -€3,104 | -5.0% |
| Profit (loss) carried forward | 14 | -€129,307 | -€119,150 | +€10,157 | +7.9% |
| Provisions and deferred taxes | 16 | €20,786 | €19,751 | -€1,035 | -5.0% |
| Deferred taxes | 168 | €20,786 | €19,751 | -€1,035 | -5.0% |
| Amounts payable | 17/49 | €228,106 | €234,720 | +€6,615 | +2.9% |
| Amounts payable after more than one year | 17 | €11,335 | €11,335 | = | 0.0% |
| Financial debts | 170/4 | €11,335 | €11,335 | = | 0.0% |
| Amounts payable within one year | 42/48 | €198,084 | €206,280 | +€8,196 | +4.1% |
| Trade debts | 44 | €2,064 | €2,594 | +€530 | +25.7% |
| Suppliers | 440/4 | €2,064 | €2,594 | +€530 | +25.7% |
| Taxes, remuneration and social security | 45 | €644 | €600 | -€45 | -6.9% |
| Taxes | 450/3 | €644 | €600 | -€45 | -6.9% |
| Other amounts payable | 47/48 | €195,376 | €203,086 | +€7,710 | +3.9% |
| Accrued charges and deferred income | 492/3 | €18,686 | €17,105 | -€1,581 | -8.5% |
| Non-recurring operating income | 76A | €110 | €0 | -€110 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,870 | €25,065 | -€6,805 | -21.4% |
| Other operating charges | 640/8 | €9,163 | €7,646 | -€1,517 | -16.6% |
| Gross operating margin | 9900 | €46,180 | €52,583 | +€6,403 | +13.9% |
| Operating profit (loss) | 9901 | €5,147 | €19,872 | +€14,725 | +286% |
| Financial income | 75/76B | €1,536 | €1,741 | +€205 | +13.3% |
| Recurring financial income | 75 | €1,536 | €1,741 | +€205 | +13.3% |
| Financial charges | 65/66B | €17,289 | €15,309 | -€1,980 | -11.5% |
| Recurring financial charges | 65 | €17,289 | €15,309 | -€1,980 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,606 | €6,304 | +€16,910 | |
| Transfer from deferred taxes | 780 | €1,035 | €1,035 | +€0 | 0.0% |
| Income taxes | 67/77 | €314 | €286 | -€29 | -9.2% |
| Profit (loss) for the period | 9904 | -€9,885 | €7,053 | +€16,939 | |
| Transfer from tax-exempt reserves | 789 | €3,104 | €3,104 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,781 | €10,157 | +€16,939 |
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 17 October 2026 via checked.be.