SANDS: 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.
SANDS
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€12,551
down €12,551 (-7.1%), from -€177,044 to -€189,595
- Other debts +€7,022
up €7,022 (+7.7%), from €90,623 to €97,645
- Trade debts +€3,423
up €3,423 (+4.0%), from €84,889 to €88,312
- Tax, wage and social debts +€1,714
up €1,714 (+23.5%), from €7,298 to €9,012
- Current portion of long-term debt +€1,540
up €1,540 (+5.7%), from €27,053 to €28,593
- Gross operating margin +€5,145
up €5,145 (+44.1%), from -€11,675 to -€6,530
- Financial charges +€433
up €433 (+8.1%), from €5,372 to €5,805
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,420 | €79,672 | +€252 | +0.3% |
| Fixed assets | 21/28 | €15 | €15 | = | 0.0% |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €79,405 | €79,657 | +€252 | +0.3% |
| Amounts receivable within one year | 40/41 | €79,126 | €79,657 | +€531 | +0.7% |
| Trade receivables | 40 | €78,399 | €79,609 | +€1,210 | +1.5% |
| Other amounts receivable | 41 | €727 | €48 | -€679 | -93.4% |
| Cash at bank and in hand | 54/58 | €279 | - | -€279 | |
| Total equity and liabilities | 10/49 | €79,420 | €79,672 | +€252 | +0.3% |
| Equity | 10/15 | -€142,044 | -€154,595 | -€12,551 | -8.8% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Capital | 10 | €35,000 | €35,000 | = | 0.0% |
| Issued capital | 100 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€177,044 | -€189,595 | -€12,551 | -7.1% |
| Amounts payable | 17/49 | €221,464 | €234,267 | +€12,803 | +5.8% |
| Amounts payable within one year | 42/48 | €219,483 | €233,182 | +€13,699 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €27,053 | €28,593 | +€1,540 | +5.7% |
| Trade debts | 44 | €84,889 | €88,312 | +€3,423 | +4.0% |
| Suppliers | 440/4 | €84,889 | €88,312 | +€3,423 | +4.0% |
| Advances received on contracts in progress | 46 | €9,620 | €9,620 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,298 | €9,012 | +€1,714 | +23.5% |
| Taxes | 450/3 | €7,298 | €9,012 | +€1,714 | +23.5% |
| Other amounts payable | 47/48 | €90,623 | €97,645 | +€7,022 | +7.7% |
| Accrued charges and deferred income | 492/3 | €1,981 | €1,085 | -€896 | -45.2% |
| Other operating charges | 640/8 | €199 | €216 | +€17 | +8.5% |
| Gross operating margin | 9900 | -€11,675 | -€6,530 | +€5,145 | +44.1% |
| Operating profit (loss) | 9901 | -€11,874 | -€6,746 | +€5,128 | +43.2% |
| Financial charges | 65/66B | €5,372 | €5,805 | +€433 | +8.1% |
| Recurring financial charges | 65 | €5,372 | €5,805 | +€433 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,246 | -€12,551 | +€4,695 | +27.2% |
| Profit (loss) for the period | 9904 | -€17,246 | -€12,551 | +€4,695 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,246 | -€12,551 | +€4,695 | +27.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2023 and 30 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.