SANDSTREET: 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.
SANDSTREET
Largest movements
- Receivables within one year -€73,475
down €73,475 (-61.0%), from €120,429 to €46,953
of which Other amounts receivable: -€74,504
- Receivables after one year +€29,721
up €29,721 (+8.3%), from €359,678 to €389,399
- Other debts -€218,502
down €218,502 (-100.0%), from €218,502 to €0
- Reserves +€130,913
up €130,913 (+24.0%), from €546,187 to €677,100
- Gross operating margin -€17,227
down €17,227 (-7.6%), from €227,283 to €210,056
- Financial income +€4,242
up €4,242 (+37.7%), from €11,237 to €15,479
- Taxes -€3,928
down €3,928 (-5.8%), from €67,322 to €63,394
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.
Cash bridge derived
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 | €1,503,865 | €1,446,076 | -€57,788 | -3.8% |
| Fixed assets | 21/28 | €987,079 | €972,079 | -€15,000 | -1.5% |
| Tangible fixed assets | 22/27 | €400,000 | €385,000 | -€15,000 | -3.8% |
| Land and buildings | 22 | €400,000 | €385,000 | -€15,000 | -3.8% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €587,079 | €587,079 | = | 0.0% |
| Current assets | 29/58 | €516,786 | €473,998 | -€42,788 | -8.3% |
| Amounts receivable after more than one year | 29 | €359,678 | €389,399 | +€29,721 | +8.3% |
| Other amounts receivable | 291 | €359,678 | €389,399 | +€29,721 | +8.3% |
| Amounts receivable within one year | 40/41 | €120,429 | €46,953 | -€73,475 | -61.0% |
| Trade receivables | 40 | €25,809 | €26,838 | +€1,029 | +4.0% |
| Other amounts receivable | 41 | €94,620 | €20,116 | -€74,504 | -78.7% |
| Cash at bank and in hand | 54/58 | €24,582 | €21,945 | -€2,637 | -10.7% |
| Deferred charges and accrued income | 490/1 | €12,097 | €15,700 | +€3,603 | +29.8% |
| Total equity and liabilities | 10/49 | €1,503,865 | €1,446,076 | -€57,788 | -3.8% |
| Equity | 10/15 | €796,187 | €927,100 | +€130,913 | +16.4% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €546,187 | €677,100 | +€130,913 | +24.0% |
| Distributable reserves | 133 | €546,187 | €677,100 | +€130,913 | +24.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €707,677 | €518,976 | -€188,701 | -26.7% |
| Amounts payable after more than one year | 17 | €426,832 | €438,292 | +€11,460 | +2.7% |
| Financial debts | 170/4 | €426,832 | €438,292 | +€11,460 | +2.7% |
| Amounts payable within one year | 42/48 | €269,385 | €68,834 | -€200,551 | -74.4% |
| Current portion of amounts payable after more than one year | 42 | €29,461 | €29,341 | -€120 | -0.4% |
| Trade debts | 44 | €4,101 | €8,778 | +€4,677 | +114.0% |
| Suppliers | 440/4 | €4,101 | €8,778 | +€4,677 | +114.0% |
| Taxes, remuneration and social security | 45 | €17,322 | €30,715 | +€13,394 | +77.3% |
| Taxes | 450/3 | €17,322 | €30,715 | +€13,394 | +77.3% |
| Other amounts payable | 47/48 | €218,502 | €0 | -€218,502 | -100.0% |
| Accrued charges and deferred income | 492/3 | €11,460 | €11,850 | +€390 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,000 | €15,000 | = | 0.0% |
| Other operating charges | 640/8 | €3,438 | €3,269 | -€170 | -4.9% |
| Gross operating margin | 9900 | €227,283 | €210,056 | -€17,227 | -7.6% |
| Operating profit (loss) | 9901 | €208,845 | €191,788 | -€17,057 | -8.2% |
| Financial income | 75/76B | €11,237 | €15,479 | +€4,242 | +37.7% |
| Recurring financial income | 75 | €11,237 | €15,479 | +€4,242 | +37.7% |
| Financial charges | 65/66B | €12,434 | €12,960 | +€526 | +4.2% |
| Recurring financial charges | 65 | €12,434 | €12,960 | +€526 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €207,648 | €194,306 | -€13,341 | -6.4% |
| Income taxes | 67/77 | €67,322 | €63,394 | -€3,928 | -5.8% |
| Profit (loss) for the period | 9904 | €140,326 | €130,913 | -€9,413 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €140,326 | €130,913 | -€9,413 | -6.7% |
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 10 October 2026 via checked.be.