SANDY COAST: 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.
SANDY COAST
Largest movements
- Receivables after one year +€48,708
up €48,708 (+16.4%), from €296,370 to €345,079
- Tangible fixed assets -€29,801
down €29,801 (-3.8%), from €779,315 to €749,514
- Cash -€19,583
down €19,583 (-28.1%), from €69,664 to €50,081
mainly Receivables after one year (-€48,708) and Other debts (-€17,783)
- Reserves +€20,255
up €20,255 (+6.9%), from €293,603 to €313,857
of which Distributable reserves: +€22,505
- Other debts -€17,783
down €17,783 (-10.6%), from €167,321 to €149,538
- Gross operating margin +€7,536
up €7,536 (+11.9%), from €63,119 to €70,654
- Taxes +€3,579
up €3,579 (+45.0%), from €7,944 to €11,523
- Financial charges -€2,738
down €2,738 (-38.4%), from €7,126 to €4,387
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 | €1,193,444 | €1,198,745 | +€5,301 | +0.4% |
| Fixed assets | 21/28 | €779,315 | €749,514 | -€29,801 | -3.8% |
| Tangible fixed assets | 22/27 | €779,315 | €749,514 | -€29,801 | -3.8% |
| Land and buildings | 22 | €779,315 | €749,514 | -€29,801 | -3.8% |
| Current assets | 29/58 | €414,129 | €449,231 | +€35,102 | +8.5% |
| Amounts receivable after more than one year | 29 | €296,370 | €345,079 | +€48,708 | +16.4% |
| Other amounts receivable | 291 | €296,370 | €345,079 | +€48,708 | +16.4% |
| Amounts receivable within one year | 40/41 | €5,034 | €5,034 | = | 0.0% |
| Trade receivables | 40 | €5,034 | €5,034 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €69,664 | €50,081 | -€19,583 | -28.1% |
| Deferred charges and accrued income | 490/1 | €43,061 | €49,038 | +€5,977 | +13.9% |
| Total equity and liabilities | 10/49 | €1,193,444 | €1,198,745 | +€5,301 | +0.4% |
| Equity | 10/15 | €1,002,195 | €1,022,449 | +€20,255 | +2.0% |
| Contributions | 10/11 | €708,592 | €708,592 | = | 0.0% |
| Reserves | 13 | €293,603 | €313,857 | +€20,255 | +6.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €20,250 | €18,000 | -€2,250 | -11.1% |
| Distributable reserves | 133 | €273,353 | €295,857 | +€22,505 | +8.2% |
| Provisions and deferred taxes | 16 | €6,750 | €6,000 | -€750 | -11.1% |
| Deferred taxes | 168 | €6,750 | €6,000 | -€750 | -11.1% |
| Amounts payable | 17/49 | €184,500 | €170,296 | -€14,204 | -7.7% |
| Amounts payable within one year | 42/48 | €175,265 | €161,061 | -€14,204 | -8.1% |
| Taxes, remuneration and social security | 45 | €7,944 | €11,523 | +€3,579 | +45.0% |
| Taxes | 450/3 | €7,944 | €11,523 | +€3,579 | +45.0% |
| Other amounts payable | 47/48 | €167,321 | €149,538 | -€17,783 | -10.6% |
| Accrued charges and deferred income | 492/3 | €9,235 | €9,235 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,801 | €29,801 | = | 0.0% |
| Other operating charges | 640/8 | €10,947 | €11,397 | +€451 | +4.1% |
| Gross operating margin | 9900 | €63,119 | €70,654 | +€7,536 | +11.9% |
| Operating profit (loss) | 9901 | €22,371 | €29,456 | +€7,085 | +31.7% |
| Financial income | 75/76B | €5,574 | €5,959 | +€385 | +6.9% |
| Recurring financial income | 75 | €5,574 | €5,959 | +€385 | +6.9% |
| Financial charges | 65/66B | €7,126 | €4,387 | -€2,738 | -38.4% |
| Recurring financial charges | 65 | €7,126 | €4,387 | -€2,738 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | €20,819 | €31,028 | +€10,208 | +49.0% |
| Transfer from deferred taxes | 780 | €750 | €750 | = | 0.0% |
| Income taxes | 67/77 | €7,944 | €11,523 | +€3,579 | +45.0% |
| Profit (loss) for the period | 9904 | €13,625 | €20,255 | +€6,630 | +48.7% |
| Transfer from tax-exempt reserves | 789 | €2,250 | €2,250 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,875 | €22,505 | +€6,630 | +41.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.