SANDU BOUW: what changed
SANDU BOUW
Largest movements
- Receivables within one year -€7,367
down €7,367 (-36.3%), from €20,312 to €12,945
of which Trade receivables: -€14,979
- Cash +€6,415
up €6,415 (+62,773%), from €10 to €6,426
mainly Receivables within one year (+€7,367) and Depreciation (+€3,299)
- Tangible fixed assets -€3,020
down €3,020 (-73.1%), from €4,130 to €1,110
- Deferred charges and accrued income -€766
no longer reported in 2025 (was €766)
- Profit (loss) carried forward -€2,899
down €2,899 (-19.5%), from €14,835 to €11,936
- Other debts -€2,746
no longer reported in 2025 (was €2,746)
- Trade debts +€908
up €908 (+100%), from €908 to €1,815
- Gross operating margin -€22,502
down €22,502 (-98.5%), from €22,850 to €349
- Taxes -€3,730
no longer reported in 2025 (was €3,730)
- Depreciation -€866
down €866 (-20.8%), from €4,165 to €3,299
- Financial income +€273
up €273 (+10,947%), from €2 to €275
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,218 | €20,480 | -€4,738 | -18.8% |
| Fixed assets | 21/28 | €4,130 | €1,110 | -€3,020 | -73.1% |
| Tangible fixed assets | 22/27 | €4,130 | €1,110 | -€3,020 | -73.1% |
| Furniture and vehicles | 24 | €4,130 | €1,110 | -€3,020 | -73.1% |
| Current assets | 29/58 | €21,088 | €19,370 | -€1,717 | -8.1% |
| Amounts receivable within one year | 40/41 | €20,312 | €12,945 | -€7,367 | -36.3% |
| Trade receivables | 40 | €18,097 | €3,118 | -€14,979 | -82.8% |
| Other amounts receivable | 41 | €2,215 | €9,826 | +€7,612 | +344% |
| Cash at bank and in hand | 54/58 | €10 | €6,426 | +€6,415 | +62,773% |
| Deferred charges and accrued income | 490/1 | €766 | - | -€766 | |
| Total equity and liabilities | 10/49 | €25,218 | €20,480 | -€4,738 | -18.8% |
| Equity | 10/15 | €17,835 | €14,936 | -€2,899 | -16.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,835 | €11,936 | -€2,899 | -19.5% |
| Amounts payable | 17/49 | €7,383 | €5,545 | -€1,839 | -24.9% |
| Amounts payable within one year | 42/48 | €7,383 | €5,545 | -€1,839 | -24.9% |
| Trade debts | 44 | €908 | €1,815 | +€908 | +100% |
| Suppliers | 440/4 | €908 | €1,815 | +€908 | +100% |
| Taxes, remuneration and social security | 45 | €3,730 | €3,730 | = | 0.0% |
| Taxes | 450/3 | €3,730 | €3,730 | = | 0.0% |
| Other amounts payable | 47/48 | €2,746 | - | -€2,746 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,165 | €3,299 | -€866 | -20.8% |
| Other operating charges | 640/8 | €84 | €38 | -€45 | -54.3% |
| Gross operating margin | 9900 | €22,850 | €349 | -€22,502 | -98.5% |
| Operating profit (loss) | 9901 | €18,602 | -€2,988 | -€21,590 | |
| Financial income | 75/76B | €2 | €275 | +€273 | +10,947% |
| Recurring financial income | 75 | €2 | €275 | +€273 | +10,947% |
| Financial charges | 65/66B | €40 | €186 | +€145 | +361% |
| Recurring financial charges | 65 | €40 | €186 | +€145 | +361% |
| Profit (loss) for the period before taxes | 9903 | €18,564 | -€2,899 | -€21,463 | |
| Income taxes | 67/77 | €3,730 | - | -€3,730 | |
| Profit (loss) for the period | 9904 | €14,835 | -€2,899 | -€17,734 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,835 | -€2,899 | -€17,734 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.