S.A.C.B.: 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.C.B.
Largest movements
- Receivables within one year +€98,981
up €98,981 (+487%), from €20,344 to €119,325
of which Trade receivables: +€98,977
- Intangible fixed assets -€7,000
down €7,000 (-85.7%), from €8,170 to €1,170
- Tangible fixed assets -€6,214
down €6,214 (-26.2%), from €23,702 to €17,488
- Reserves +€102,169
up €102,169 (+130%), from €78,571 to €180,740
- Debts after one year -€47,909
down €47,909 (-23.2%), from €206,875 to €158,966
- Accrued charges and deferred income +€10,000
new in 2025: €10,000
- Tax, wage and social debts +€9,690
up €9,690 (+104%), from €9,344 to €19,034
- Current portion of long-term debt +€7,234
up €7,234 (+14.2%), from €50,805 to €58,038
- Gross operating margin +€66,502
up €66,502 (+69.0%), from €96,399 to €162,901
- Taxes +€15,935
up €15,935 (+74.7%), from €21,331 to €37,266
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 | €359,319 | €443,733 | +€84,414 | +23.5% |
| Fixed assets | 21/28 | €313,435 | €300,220 | -€13,214 | -4.2% |
| Intangible fixed assets | 21 | €8,170 | €1,170 | -€7,000 | -85.7% |
| Tangible fixed assets | 22/27 | €23,702 | €17,488 | -€6,214 | -26.2% |
| Furniture and vehicles | 24 | €23,702 | €17,488 | -€6,214 | -26.2% |
| Financial fixed assets | 28 | €281,563 | €281,563 | = | 0.0% |
| Current assets | 29/58 | €45,885 | €143,513 | +€97,628 | +213% |
| Amounts receivable within one year | 40/41 | €20,344 | €119,325 | +€98,981 | +487% |
| Trade receivables | 40 | €20,337 | €119,314 | +€98,977 | +487% |
| Other amounts receivable | 41 | €7 | €11 | +€4 | +55.7% |
| Cash at bank and in hand | 54/58 | €24,173 | €21,581 | -€2,592 | -10.7% |
| Deferred charges and accrued income | 490/1 | €1,368 | €2,607 | +€1,239 | +90.6% |
| Total equity and liabilities | 10/49 | €359,319 | €443,733 | +€84,414 | +23.5% |
| Equity | 10/15 | €90,971 | €193,140 | +€102,169 | +112% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €78,571 | €180,740 | +€102,169 | +130% |
| Distributable reserves | 133 | €78,571 | €180,740 | +€102,169 | +130% |
| Amounts payable | 17/49 | €268,348 | €250,593 | -€17,755 | -6.6% |
| Amounts payable after more than one year | 17 | €206,875 | €158,966 | -€47,909 | -23.2% |
| Financial debts | 170/4 | €206,875 | €158,966 | -€47,909 | -23.2% |
| Amounts payable within one year | 42/48 | €61,474 | €81,628 | +€20,154 | +32.8% |
| Current portion of amounts payable after more than one year | 42 | €50,805 | €58,038 | +€7,234 | +14.2% |
| Trade debts | 44 | €1,027 | €387 | -€640 | -62.3% |
| Suppliers | 440/4 | €1,027 | €387 | -€640 | -62.3% |
| Taxes, remuneration and social security | 45 | €9,344 | €19,034 | +€9,690 | +104% |
| Taxes | 450/3 | €9,344 | €19,034 | +€9,690 | +104% |
| Other amounts payable | 47/48 | €298 | €4,168 | +€3,870 | +1,298% |
| Accrued charges and deferred income | 492/3 | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,269 | €13,788 | -€481 | -3.4% |
| Other operating charges | 640/8 | €1,538 | €1,494 | -€44 | -2.9% |
| Gross operating margin | 9900 | €96,399 | €162,901 | +€66,502 | +69.0% |
| Operating profit (loss) | 9901 | €80,592 | €147,619 | +€67,027 | +83.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -85.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -85.0% |
| Financial charges | 65/66B | €9,220 | €8,184 | -€1,036 | -11.2% |
| Recurring financial charges | 65 | €9,220 | €8,184 | -€1,036 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €71,372 | €139,435 | +€68,063 | +95.4% |
| Income taxes | 67/77 | €21,331 | €37,266 | +€15,935 | +74.7% |
| Profit (loss) for the period | 9904 | €50,041 | €102,169 | +€52,128 | +104% |
| Profit (loss) for the period to be appropriated | 9905 | €50,041 | €102,169 | +€52,128 | +104% |
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 18 October 2026 via checked.be.