CB SAPPHIRE: 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.
CB SAPPHIRE
Largest movements
- Receivables within one year +€76,785
up €76,785 (+40.1%), from €191,535 to €268,321
- Cash -€18,074
down €18,074 (-56.7%), from €31,887 to €13,813
mainly Receivables within one year (-€76,785) and Trade debts (-€2,735)
- Tangible fixed assets -€14,771
down €14,771 (-9.4%), from €156,899 to €142,128
of which Land and buildings: -€8,745
- Reserves +€49,399
up €49,399 (+21.7%), from €227,131 to €276,530
of which Distributable reserves: +€49,399
- Gross operating margin +€7,098
up €7,098 (+7.9%), from €90,098 to €97,196
- Financial charges +€2,087
up €2,087 (+42.4%), from €4,924 to €7,011
- Depreciation +€1,512
up €1,512 (+11.4%), from €13,259 to €14,771
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €380,321 | €424,262 | +€43,941 | +11.6% |
| Fixed assets | 21/28 | €156,899 | €142,128 | -€14,771 | -9.4% |
| Tangible fixed assets | 22/27 | €156,899 | €142,128 | -€14,771 | -9.4% |
| Land and buildings | 22 | €144,023 | €135,278 | -€8,745 | -6.1% |
| Furniture and vehicles | 24 | €12,876 | €6,851 | -€6,026 | -46.8% |
| Current assets | 29/58 | €223,422 | €282,134 | +€58,712 | +26.3% |
| Amounts receivable within one year | 40/41 | €191,535 | €268,321 | +€76,785 | +40.1% |
| Other amounts receivable | 41 | €191,535 | €268,321 | +€76,785 | +40.1% |
| Cash at bank and in hand | 54/58 | €31,887 | €13,813 | -€18,074 | -56.7% |
| Total equity and liabilities | 10/49 | €380,321 | €424,262 | +€43,941 | +11.6% |
| Equity | 10/15 | €258,256 | €307,654 | +€49,399 | +19.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €227,131 | €276,530 | +€49,399 | +21.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €225,271 | €274,670 | +€49,399 | +21.9% |
| Profit (loss) carried forward | 14 | €24,925 | €24,925 | = | 0.0% |
| Amounts payable | 17/49 | €122,065 | €116,608 | -€5,458 | -4.5% |
| Amounts payable within one year | 42/48 | €122,065 | €116,608 | -€5,458 | -4.5% |
| Trade debts | 44 | €19,424 | €16,689 | -€2,735 | -14.1% |
| Suppliers | 440/4 | €19,424 | €16,689 | -€2,735 | -14.1% |
| Taxes, remuneration and social security | 45 | €2,792 | €685 | -€2,108 | -75.5% |
| Taxes | 450/3 | €2,792 | €685 | -€2,108 | -75.5% |
| Other amounts payable | 47/48 | €99,849 | €99,234 | -€615 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,259 | €14,771 | +€1,512 | +11.4% |
| Other operating charges | 640/8 | €2,581 | €3,071 | +€491 | +19.0% |
| Gross operating margin | 9900 | €90,098 | €97,196 | +€7,098 | +7.9% |
| Operating profit (loss) | 9901 | €74,259 | €79,354 | +€5,096 | +6.9% |
| Financial income | 75/76B | €257 | €108 | -€149 | -57.9% |
| Recurring financial income | 75 | €257 | €108 | -€149 | -57.9% |
| Financial charges | 65/66B | €4,924 | €7,011 | +€2,087 | +42.4% |
| Recurring financial charges | 65 | €4,924 | €7,011 | +€2,087 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | €69,591 | €72,451 | +€2,860 | +4.1% |
| Income taxes | 67/77 | €22,143 | €23,053 | +€910 | +4.1% |
| Profit (loss) for the period | 9904 | €47,448 | €49,399 | +€1,950 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,448 | €49,399 | +€1,950 | +4.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.