Les Sablons: 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.
What changed
Les Sablons
NACE 11.020, Manufacture of beverages
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€61,457
2024 · €9.4m-€9.5m
Equity
€16.6m
2024 · €16.6m-€61,457
Cash
€316,115
2024 · €641,250-€325,134
Balance sheet total
€17.5m
2024 · €18.6m-€1.0m
Largest movements
Assets
- Receivables within one year -€596,155
down €596,155 (-12.5%), from €4.8m to €4.2m
of which Other amounts receivable: -€599,619
- Cash -€325,134
down €325,134 (-50.7%), from €641,250 to €316,115
mainly Other debts (-€568,630) and Investment in fixed assets (net) (-€475,893)
- Current investments -€257,859
down €257,859 (-5.1%), from €5.1m to €4.8m
Equity and liabilities
- Other debts -€568,630
no longer reported in 2025 (was €568,630)
- Debts after one year -€428,978
down €428,978 (-49.0%), from €876,006 to €447,028
Income statement
- Gross operating margin -€8.3m
down €8.3m (-94.8%), from €8.8m to €458,851
- Financial income -€936,157
down €936,157 (-86.5%), from €1.1m to €146,669
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.
Result 2024
€9.4m
Gross operating margin
-€8.3m
Staff costs
-€54,294
Depreciation
-€79,470
Other operating charges
-€19,057
Other operating items
-€4,102
Financial income
-€936,157
Financial charges
-€45,240
Taxes
-€349
Result 2025
-€61,457
lowers the resultnot broken down further in the accounts
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.
From operations
+€304,557
Investment
-€218,034
Financing
-€411,657
Cash 2024
€641,250
From operations (derived)
+€304,557
Net result for the year
-€61,457
Depreciation
+€320,761
Stocks and contracts
+€37,135
Receivables within one year
+€596,155
Deferred charges and accrued income
-€16,491
Trade debts
-€11,635
Tax, wage and social debts
-€311
Advances received
+€3,385
Other debts
-€568,630
Accrued charges and deferred income
+€5,645
Investment (derived)
-€218,034
Investment in fixed assets (net)
-€475,893
Current investments
+€257,859
Financing
-€411,657
Debts after one year
-€428,978
Current portion of long-term debt
+€17,321
Cash 2025
€316,115
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,580,040 | €17,535,380 | -€1.0m | -5.6% |
| Fixed assets | 21/28 | €7,454,752 | €7,609,883 | +€155,131 | +2.1% |
| Tangible fixed assets | 22/27 | €7,447,252 | €7,602,383 | +€155,131 | +2.1% |
| Land and buildings | 22 | €6,494,825 | €6,367,952 | -€126,873 | -2.0% |
| Plant, machinery and equipment | 23 | €414,002 | €409,280 | -€4,722 | -1.1% |
| Furniture and vehicles | 24 | €538,425 | €825,151 | +€286,726 | +53.3% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €11,125,288 | €9,925,497 | -€1.2m | -10.8% |
| Stocks and contracts in progress | 3 | €639,515 | €602,380 | -€37,135 | -5.8% |
| Stocks | 30/36 | €639,515 | €602,380 | -€37,135 | -5.8% |
| Amounts receivable within one year | 40/41 | €4,755,393 | €4,159,238 | -€596,155 | -12.5% |
| Trade receivables | 40 | €27,893 | €31,357 | +€3,464 | +12.4% |
| Other amounts receivable | 41 | €4,727,500 | €4,127,881 | -€599,619 | -12.7% |
| Current investments | 50/53 | €5,057,057 | €4,799,198 | -€257,859 | -5.1% |
| Cash at bank and in hand | 54/58 | €641,250 | €316,115 | -€325,134 | -50.7% |
| Deferred charges and accrued income | 490/1 | €32,074 | €48,565 | +€16,491 | +51.4% |
| Total equity and liabilities | 10/49 | €18,580,040 | €17,535,380 | -€1.0m | -5.6% |
| Equity | 10/15 | €16,623,631 | €16,562,174 | -€61,457 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €96,360 | €96,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €96,360 | €96,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €96,360 | €96,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,508,671 | €16,447,214 | -€61,457 | -0.4% |
| Amounts payable | 17/49 | €1,956,410 | €973,206 | -€983,203 | -50.3% |
| Amounts payable after more than one year | 17 | €876,006 | €447,028 | -€428,978 | -49.0% |
| Financial debts | 170/4 | €876,006 | €447,028 | -€428,978 | -49.0% |
| Amounts payable within one year | 42/48 | €1,080,404 | €520,533 | -€559,870 | -51.8% |
| Current portion of amounts payable after more than one year | 42 | €411,657 | €428,978 | +€17,321 | +4.2% |
| Trade debts | 44 | €56,046 | €44,411 | -€11,635 | -20.8% |
| Suppliers | 440/4 | €56,046 | €44,411 | -€11,635 | -20.8% |
| Advances received on contracts in progress | 46 | €5,506 | €8,891 | +€3,385 | +61.5% |
| Taxes, remuneration and social security | 45 | €38,564 | €38,253 | -€311 | -0.8% |
| Taxes | 450/3 | €4,628 | €11,028 | +€6,400 | +138% |
| Remuneration and social security | 454/9 | €33,936 | €27,225 | -€6,711 | -19.8% |
| Other amounts payable | 47/48 | €568,630 | - | -€568,630 | |
| Accrued charges and deferred income | 492/3 | - | €5,645 | +€5,645 | |
| Remuneration, social security and pensions | 62 | €149,443 | €203,737 | +€54,294 | +36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €241,291 | €320,761 | +€79,470 | +32.9% |
| Other operating charges | 640/8 | €15,893 | €34,951 | +€19,057 | +120% |
| Non-recurring operating charges | 66A | - | €4,102 | +€4,102 | |
| Gross operating margin | 9900 | €8,785,561 | €458,851 | -€8.3m | -94.8% |
| Operating profit (loss) | 9901 | €8,378,934 | -€104,700 | -€8.5m | |
| Financial income | 75/76B | €1,082,826 | €146,669 | -€936,157 | -86.5% |
| Recurring financial income | 75 | €1,082,826 | €146,669 | -€936,157 | -86.5% |
| Financial charges | 65/66B | €57,837 | €103,077 | +€45,240 | +78.2% |
| Recurring financial charges | 65 | €57,837 | €103,077 | +€45,240 | +78.2% |
| Profit (loss) for the period before taxes | 9903 | €9,403,923 | -€61,108 | -€9.5m | |
| Income taxes | 67/77 | €0 | €349 | +€349 | |
| Profit (loss) for the period | 9904 | €9,403,923 | -€61,457 | -€9.5m | |
| Profit (loss) for the period to be appropriated | 9905 | €9,403,923 | -€61,457 | -€9.5m |
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 29 October 2026 via checked.be.