ELEKTRO SABBE: what changed
What changed
ELEKTRO SABBE
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€10,273
2024 · -€11,034+€21,307
Equity
€386,818
2024 · €376,544+€10,273
Cash
€21,828
2024 · €10,859+€10,969
Balance sheet total
€566,618
2024 · €573,384-€6,766
Largest movements
Assets
- Tangible fixed assets -€29,328
down €29,328 (-6.9%), from €421,983 to €392,656
- Receivables within one year +€11,592
up €11,592 (+8.2%), from €140,542 to €152,134
of which Trade receivables: +€19,728
- Cash +€10,969
up €10,969 (+101%), from €10,859 to €21,828
mainly Depreciation (+€29,328) and Net result for the year (+€10,273)
Equity and liabilities
- Debts after one year -€18,612
down €18,612 (-33.4%), from €55,750 to €37,138
- Reserves +€10,273
up €10,273 (+3.0%), from €341,544 to €351,818
of which Distributable reserves: +€10,273
- Other debts -€10,115
down €10,115 (-8.5%), from €118,451 to €108,337
Income statement
- Gross operating margin +€26,687
up €26,687 (+88.4%), from €30,186 to €56,873
- Financial charges +€4,024
up €4,024 (+41.6%), from €9,669 to €13,693
- Taxes +€1,552
up €1,552 (+1,744%), from €89 to €1,641
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.
Result 2024
-€11,034
Gross operating margin
+€26,687
Depreciation
+€148
Other operating charges
+€48
Financial income
-€0
Financial charges
-€4,024
Taxes
-€1,552
Result 2025
€10,273
raises the resultlowers the result
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.
From operations
+€28,506
Investment
€0
Financing
-€17,537
Cash 2024
€10,859
From operations (derived)
+€28,506
Net result for the year
+€10,273
Depreciation
+€29,328
Receivables within one year
-€11,592
Trade debts
+€2,966
Tax, wage and social debts
+€531
Advances received
+€2,085
Other debts
-€10,115
Accrued charges and deferred income
+€5,030
Financing
-€17,537
Debts after one year
-€18,612
Current portion of long-term debt
+€1,075
Cash 2025
€21,828
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €573,384 | €566,618 | -€6,766 | -1.2% |
| Fixed assets | 21/28 | €421,983 | €392,656 | -€29,328 | -6.9% |
| Tangible fixed assets | 22/27 | €421,983 | €392,656 | -€29,328 | -6.9% |
| Land and buildings | 22 | €421,983 | €392,656 | -€29,328 | -6.9% |
| Current assets | 29/58 | €151,400 | €173,962 | +€22,562 | +14.9% |
| Amounts receivable within one year | 40/41 | €140,542 | €152,134 | +€11,592 | +8.2% |
| Trade receivables | 40 | €73,357 | €93,085 | +€19,728 | +26.9% |
| Other amounts receivable | 41 | €67,185 | €59,049 | -€8,136 | -12.1% |
| Cash at bank and in hand | 54/58 | €10,859 | €21,828 | +€10,969 | +101% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €573,384 | €566,618 | -€6,766 | -1.2% |
| Equity | 10/15 | €376,544 | €386,818 | +€10,273 | +2.7% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €341,544 | €351,818 | +€10,273 | +3.0% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,500 | €3,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,800 | €6,800 | = | 0.0% |
| Distributable reserves | 133 | €331,244 | €341,518 | +€10,273 | +3.1% |
| Amounts payable | 17/49 | €196,839 | €179,800 | -€17,039 | -8.7% |
| Amounts payable after more than one year | 17 | €55,750 | €37,138 | -€18,612 | -33.4% |
| Financial debts | 170/4 | €55,750 | €37,138 | -€18,612 | -33.4% |
| Amounts payable within one year | 42/48 | €136,736 | €133,278 | -€3,458 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €17,537 | €18,612 | +€1,075 | +6.1% |
| Trade debts | 44 | €485 | €3,451 | +€2,966 | +611% |
| Suppliers | 440/4 | €485 | €3,451 | +€2,966 | +611% |
| Advances received on contracts in progress | 46 | - | €2,085 | +€2,085 | |
| Taxes, remuneration and social security | 45 | €262 | €793 | +€531 | +203% |
| Taxes | 450/3 | €262 | €793 | +€531 | +203% |
| Other amounts payable | 47/48 | €118,451 | €108,337 | -€10,115 | -8.5% |
| Accrued charges and deferred income | 492/3 | €4,354 | €9,385 | +€5,030 | +116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,476 | €29,328 | -€148 | -0.5% |
| Other operating charges | 640/8 | €1,987 | €1,938 | -€48 | -2.4% |
| Gross operating margin | 9900 | €30,186 | €56,873 | +€26,687 | +88.4% |
| Operating profit (loss) | 9901 | -€1,276 | €25,607 | +€26,883 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €9,669 | €13,693 | +€4,024 | +41.6% |
| Recurring financial charges | 65 | €9,669 | €13,693 | +€4,024 | +41.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,945 | €11,914 | +€22,859 | |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €89 | €1,641 | +€1,552 | +1,744% |
| Profit (loss) for the period | 9904 | -€11,034 | €10,273 | +€21,307 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,034 | €10,273 | +€21,307 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.