SANDYWIM: 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.
SANDYWIM
Largest movements
- Receivables within one year +€94,363
up €94,363 (+102.0%), from €92,504 to €186,866
of which Other amounts receivable: +€105,211
- Deferred charges and accrued income +€4,372
up €4,372 (+198.5%), from €2,202 to €6,574
- Tangible fixed assets -€2,431
down €2,431 (-12.9%), from €18,870 to €16,440
of which Other tangible fixed assets: -€1,272
- Reserves +€79,278
up €79,278 (+96.7%), from €82,000 to €161,278
- Tax, wage and social debts +€22,350
up €22,350 (+106.6%), from €20,965 to €43,315
- Debts after one year -€4,177
down €4,177 (-31.0%), from €13,488 to €9,311
- Financial income +€4,370
up €4,370 (+198.2%), from €2,205 to €6,575
- Depreciation +€2,008
up €2,008 (+75.5%), from €2,660 to €4,668
- Taxes +€1,386
up €1,386 (+6.6%), from €20,965 to €22,350
- Gross operating margin -€1,356
down €1,356 (-1.3%), from €105,735 to €104,379
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 | €126,298 | €220,711 | +€94,413 | +74.8% |
| Fixed assets | 21/28 | €18,870 | €16,440 | -€2,431 | -12.9% |
| Tangible fixed assets | 22/27 | €18,870 | €16,440 | -€2,431 | -12.9% |
| Furniture and vehicles | 24 | €13,333 | €12,174 | -€1,159 | -8.7% |
| Other tangible fixed assets | 26 | €5,537 | €4,265 | -€1,272 | -23.0% |
| Current assets | 29/58 | €107,428 | €204,271 | +€96,843 | +90.1% |
| Amounts receivable within one year | 40/41 | €92,504 | €186,866 | +€94,363 | +102.0% |
| Trade receivables | 40 | €26,253 | €15,405 | -€10,848 | -41.3% |
| Other amounts receivable | 41 | €66,251 | €171,462 | +€105,211 | +158.8% |
| Cash at bank and in hand | 54/58 | €12,722 | €10,830 | -€1,892 | -14.9% |
| Deferred charges and accrued income | 490/1 | €2,202 | €6,574 | +€4,372 | +198.5% |
| Total equity and liabilities | 10/49 | €126,298 | €220,711 | +€94,413 | +74.8% |
| Equity | 10/15 | €84,765 | €163,778 | +€79,013 | +93.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €82,000 | €161,278 | +€79,278 | +96.7% |
| Distributable reserves | 133 | €82,000 | €161,278 | +€79,278 | +96.7% |
| Profit (loss) carried forward | 14 | €265 | €0 | -€265 | -100.0% |
| Amounts payable | 17/49 | €41,533 | €56,933 | +€15,400 | +37.1% |
| Amounts payable after more than one year | 17 | €13,488 | €9,311 | -€4,177 | -31.0% |
| Financial debts | 170/4 | €13,488 | €9,311 | -€4,177 | -31.0% |
| Amounts payable within one year | 42/48 | €28,046 | €47,622 | +€19,577 | +69.8% |
| Current portion of amounts payable after more than one year | 42 | €3,998 | €4,177 | +€179 | +4.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,383 | €130 | -€1,252 | -90.6% |
| Suppliers | 440/4 | €1,383 | €130 | -€1,252 | -90.6% |
| Taxes, remuneration and social security | 45 | €20,965 | €43,315 | +€22,350 | +106.6% |
| Taxes | 450/3 | €20,965 | €43,315 | +€22,350 | +106.6% |
| Other amounts payable | 47/48 | €1,700 | €0 | -€1,700 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,660 | €4,668 | +€2,008 | +75.5% |
| Other operating charges | 640/8 | €577 | €863 | +€287 | +49.7% |
| Gross operating margin | 9900 | €105,735 | €104,379 | -€1,356 | -1.3% |
| Operating profit (loss) | 9901 | €102,499 | €98,848 | -€3,651 | -3.6% |
| Financial income | 75/76B | €2,205 | €6,575 | +€4,370 | +198.2% |
| Recurring financial income | 75 | €2,205 | €6,575 | +€4,370 | +198.2% |
| Financial charges | 65/66B | €4,666 | €4,060 | -€606 | -13.0% |
| Recurring financial charges | 65 | €4,666 | €4,060 | -€606 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €100,038 | €101,363 | +€1,325 | +1.3% |
| Income taxes | 67/77 | €20,965 | €22,350 | +€1,386 | +6.6% |
| Profit (loss) for the period | 9904 | €79,073 | €79,013 | -€61 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €79,073 | €79,013 | -€61 | -0.1% |
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.