S.A.B.I: 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.
S.A.B.I
Largest movements
- Tangible fixed assets -€118,395
down €118,395 (-3.6%), from €3.3m to €3.2m
of which Land and buildings: -€121,000
- Debts after one year -€168,171
down €168,171 (-28.5%), from €590,729 to €422,559
- Profit (loss) carried forward +€64,749
up €64,749 (+8.0%), from -€807,925 to -€743,176
- Current portion of long-term debt -€52,058
down €52,058 (-23.6%), from €220,229 to €168,171
- Other debts +€50,000
up €50,000 (+2.9%), from €1.7m to €1.8m
- Gross operating margin +€7,861
up €7,861 (+2.5%), from €318,331 to €326,192
- Financial charges -€6,721
down €6,721 (-17.6%), from €38,093 to €31,371
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,430,216 | €3,310,210 | -€120,006 | -3.5% |
| Fixed assets | 21/28 | €3,294,017 | €3,175,623 | -€118,395 | -3.6% |
| Tangible fixed assets | 22/27 | €3,293,623 | €3,175,229 | -€118,395 | -3.6% |
| Land and buildings | 22 | €3,280,344 | €3,159,344 | -€121,000 | -3.7% |
| Plant, machinery and equipment | 23 | €13,280 | €15,885 | +€2,605 | +19.6% |
| Financial fixed assets | 28 | €394 | €394 | = | 0.0% |
| Current assets | 29/58 | €136,198 | €134,587 | -€1,611 | -1.2% |
| Amounts receivable within one year | 40/41 | €30,813 | €49,823 | +€19,010 | +61.7% |
| Trade receivables | 40 | €30,813 | €49,823 | +€19,010 | +61.7% |
| Cash at bank and in hand | 54/58 | €98,514 | €77,870 | -€20,644 | -21.0% |
| Deferred charges and accrued income | 490/1 | €6,871 | €6,894 | +€23 | +0.3% |
| Total equity and liabilities | 10/49 | €3,430,216 | €3,310,210 | -€120,006 | -3.5% |
| Equity | 10/15 | €822,650 | €887,399 | +€64,749 | +7.9% |
| Contributions | 10/11 | €1,630,000 | €1,630,000 | = | 0.0% |
| Capital | 10 | €1,630,000 | €1,630,000 | = | 0.0% |
| Issued capital | 100 | €1,630,000 | €1,630,000 | = | 0.0% |
| Reserves | 13 | €575 | €575 | = | 0.0% |
| Non-distributable reserves | 130/1 | €575 | €575 | = | 0.0% |
| Legal reserve | 130 | €575 | €575 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€807,925 | -€743,176 | +€64,749 | +8.0% |
| Amounts payable | 17/49 | €2,607,566 | €2,422,811 | -€184,755 | -7.1% |
| Amounts payable after more than one year | 17 | €590,729 | €422,559 | -€168,171 | -28.5% |
| Financial debts | 170/4 | €590,729 | €422,559 | -€168,171 | -28.5% |
| Amounts payable within one year | 42/48 | €2,016,836 | €2,000,252 | -€16,584 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €220,229 | €168,171 | -€52,058 | -23.6% |
| Trade debts | 44 | €48,308 | €33,781 | -€14,526 | -30.1% |
| Suppliers | 440/4 | €48,308 | €33,781 | -€14,526 | -30.1% |
| Other amounts payable | 47/48 | €1,748,300 | €1,798,300 | +€50,000 | +2.9% |
| Non-recurring operating income | 76A | €191 | €0 | -€191 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193,119 | €194,974 | +€1,856 | +1.0% |
| Other operating charges | 640/8 | €34,752 | €35,098 | +€345 | +1.0% |
| Gross operating margin | 9900 | €318,331 | €326,192 | +€7,861 | +2.5% |
| Operating profit (loss) | 9901 | €90,460 | €96,120 | +€5,660 | +6.3% |
| Financial charges | 65/66B | €38,093 | €31,371 | -€6,721 | -17.6% |
| Recurring financial charges | 65 | €38,093 | €31,371 | -€6,721 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €52,367 | €64,749 | +€12,382 | +23.6% |
| Profit (loss) for the period | 9904 | €52,367 | €64,749 | +€12,382 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €52,367 | €64,749 | +€12,382 | +23.6% |
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 28 October 2026 via checked.be.