Sandvoice: 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.
Sandvoice
Largest movements
- Tangible fixed assets -€1,530
down €1,530 (-1.4%), from €110,670 to €109,140
of which Furniture and vehicles: -€1,380
- Profit (loss) carried forward -€3,380
down €3,380 (-18.1%), from -€18,716 to -€22,096
- Other debts +€2,666
up €2,666 (+89.2%), from €2,989 to €5,656
- Trade debts -€1,149
down €1,149 (-68.5%), from €1,679 to €530
- Purchases and services +€1,383
up €1,383 (+212%), from €651 to €2,034
- Gross operating margin +€619
up €619 (+95.1%), from -€651 to -€32
- Other operating charges +€98
up €98 (+5.9%), from €1,675 to €1,773
- Taxes -€50
no longer reported in 2025 (was €50)
- Depreciation +€22
up €22 (+1.5%), from €1,508 to €1,530
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 | €111,403 | €109,540 | -€1,863 | -1.7% |
| Fixed assets | 21/28 | €110,670 | €109,140 | -€1,530 | -1.4% |
| Tangible fixed assets | 22/27 | €110,670 | €109,140 | -€1,530 | -1.4% |
| Land and buildings | 22 | €105,150 | €105,000 | -€150 | -0.1% |
| Furniture and vehicles | 24 | €5,520 | €4,140 | -€1,380 | -25.0% |
| Current assets | 29/58 | €733 | €400 | -€333 | -45.4% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €528 | €191 | -€337 | -63.8% |
| Deferred charges and accrued income | 490/1 | €205 | €209 | +€4 | +2.0% |
| Total equity and liabilities | 10/49 | €111,403 | €109,540 | -€1,863 | -1.7% |
| Equity | 10/15 | €106,735 | €103,355 | -€3,380 | -3.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €105,000 | €105,000 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,716 | -€22,096 | -€3,380 | -18.1% |
| Amounts payable | 17/49 | €4,668 | €6,185 | +€1,517 | +32.5% |
| Amounts payable within one year | 42/48 | €4,668 | €6,185 | +€1,517 | +32.5% |
| Trade debts | 44 | €1,679 | €530 | -€1,149 | -68.5% |
| Suppliers | 440/4 | €1,679 | €530 | -€1,149 | -68.5% |
| Other amounts payable | 47/48 | €2,989 | €5,656 | +€2,666 | +89.2% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €651 | €2,034 | +€1,383 | +212% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,508 | €1,530 | +€22 | +1.5% |
| Other operating charges | 640/8 | €1,675 | €1,773 | +€98 | +5.9% |
| Gross operating margin | 9900 | -€651 | -€32 | +€619 | +95.1% |
| Operating profit (loss) | 9901 | -€3,833 | -€3,335 | +€499 | +13.0% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,878 | -€3,380 | +€499 | +12.9% |
| Income taxes | 67/77 | €50 | - | -€50 | |
| Profit (loss) for the period | 9904 | -€3,928 | -€3,380 | +€549 | +14.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,928 | -€3,380 | +€549 | +14.0% |
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.