Sandstone Consulting: 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.
Sandstone Consulting
Largest movements
- Current investments +€45,000
new in 2025: €45,000
- Cash -€39,438
down €39,438 (-80.3%), from €49,111 to €9,674
mainly Contributions, distributions and other (-€91,838) and Current investments (-€45,000)
- Receivables after one year +€21,329
new in 2025: €21,329
- Tangible fixed assets -€1,928
down €1,928 (-38.0%), from €5,081 to €3,153
of which Furniture and vehicles: -€1,562
- Other debts +€92,407
new in 2025: €92,407
- Profit (loss) carried forward -€66,978
down €66,978 (-100%), from €66,978 to €0
- Trade debts +€1,845
up €1,845 (+43.4%), from €4,255 to €6,101
- Gross operating margin -€4,047
down €4,047 (-10.8%), from €37,425 to €33,379
- Taxes -€1,316
down €1,316 (-15.3%), from €8,580 to €7,264
- Financial income +€1,010
up €1,010 (+368%), from €274 to €1,284
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 | €91,699 | €117,902 | +€26,202 | +28.6% |
| Fixed assets | 21/28 | €5,081 | €3,153 | -€1,928 | -38.0% |
| Tangible fixed assets | 22/27 | €5,081 | €3,153 | -€1,928 | -38.0% |
| Plant, machinery and equipment | 23 | €1,584 | €1,217 | -€366 | -23.1% |
| Furniture and vehicles | 24 | €3,498 | €1,935 | -€1,562 | -44.7% |
| Current assets | 29/58 | €86,618 | €114,749 | +€28,130 | +32.5% |
| Amounts receivable after more than one year | 29 | - | €21,329 | +€21,329 | |
| Other amounts receivable | 291 | - | €21,329 | +€21,329 | |
| Amounts receivable within one year | 40/41 | €36,905 | €37,392 | +€487 | +1.3% |
| Trade receivables | 40 | €19,314 | €32,956 | +€13,642 | +70.6% |
| Other amounts receivable | 41 | €17,591 | €4,435 | -€13,155 | -74.8% |
| Current investments | 50/53 | - | €45,000 | +€45,000 | |
| Cash at bank and in hand | 54/58 | €49,111 | €9,674 | -€39,438 | -80.3% |
| Deferred charges and accrued income | 490/1 | €602 | €1,355 | +€752 | +125% |
| Total equity and liabilities | 10/49 | €91,699 | €117,902 | +€26,202 | +28.6% |
| Equity | 10/15 | €71,978 | €5,000 | -€66,978 | -93.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,978 | €0 | -€66,978 | -100% |
| Amounts payable | 17/49 | €19,722 | €112,902 | +€93,180 | +472% |
| Amounts payable within one year | 42/48 | €19,722 | €112,902 | +€93,180 | +472% |
| Trade debts | 44 | €4,255 | €6,101 | +€1,845 | +43.4% |
| Suppliers | 440/4 | €4,255 | €6,101 | +€1,845 | +43.4% |
| Taxes, remuneration and social security | 45 | €15,466 | €14,394 | -€1,072 | -6.9% |
| Taxes | 450/3 | €12,966 | €14,394 | +€1,428 | +11.0% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | - | €92,407 | +€92,407 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,815 | €1,928 | +€113 | +6.2% |
| Other operating charges | 640/8 | €519 | €521 | +€2 | +0.4% |
| Gross operating margin | 9900 | €37,425 | €33,379 | -€4,047 | -10.8% |
| Operating profit (loss) | 9901 | €35,092 | €30,930 | -€4,162 | -11.9% |
| Financial income | 75/76B | €274 | €1,284 | +€1,010 | +368% |
| Recurring financial income | 75 | €274 | €1,284 | +€1,010 | +368% |
| Financial charges | 65/66B | €123 | €90 | -€33 | -27.1% |
| Recurring financial charges | 65 | €123 | €90 | -€33 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €35,243 | €32,124 | -€3,119 | -8.8% |
| Income taxes | 67/77 | €8,580 | €7,264 | -€1,316 | -15.3% |
| Profit (loss) for the period | 9904 | €26,663 | €24,860 | -€1,803 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,663 | €24,860 | -€1,803 | -6.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.