S.A. KABLIM: 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. KABLIM
Largest movements
- Tangible fixed assets -€11,074
down €11,074 (-11.2%), from €98,622 to €87,549
of which Assets under construction and advance payments: -€11,660
- Trade debts -€20,441
down €20,441 (-72.2%), from €28,317 to €7,876
- Profit (loss) carried forward +€11,062
up €11,062 (+94.0%), from -€11,775 to -€712
- Other debts -€4,893
no longer reported in 2025 (was €4,893)
- Debts after one year +€3,732
up €3,732 (+9.6%), from €38,804 to €42,535
- Current portion of long-term debt +€2,462
up €2,462 (+52.2%), from €4,713 to €7,175
- Other operating charges -€3,388
down €3,388 (-37.2%), from €9,109 to €5,721
- Gross operating margin +€3,261
up €3,261 (+10.9%), from €29,894 to €33,155
- Depreciation +€2,502
up €2,502 (+26.9%), from €9,298 to €11,800
- Financial charges +€1,802
up €1,802 (+200%), from €902 to €2,704
- Taxes +€771
up €771 (+21.8%), from €3,532 to €4,303
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 | €151,856 | €141,758 | -€10,099 | -6.7% |
| Fixed assets | 21/28 | €98,622 | €87,549 | -€11,074 | -11.2% |
| Tangible fixed assets | 22/27 | €98,622 | €87,549 | -€11,074 | -11.2% |
| Land and buildings | 22 | €74,344 | €77,924 | +€3,581 | +4.8% |
| Plant, machinery and equipment | 23 | €2,622 | €2,072 | -€550 | -21.0% |
| Furniture and vehicles | 24 | €4,970 | €3,895 | -€1,075 | -21.6% |
| Leasing and similar rights | 25 | €5,027 | €3,657 | -€1,370 | -27.3% |
| Assets under construction and advance payments | 27 | €11,660 | - | -€11,660 | |
| Current assets | 29/58 | €53,234 | €54,209 | +€975 | +1.8% |
| Amounts receivable within one year | 40/41 | €50,744 | €51,023 | +€279 | +0.5% |
| Trade receivables | 40 | €8,958 | €4,295 | -€4,664 | -52.1% |
| Other amounts receivable | 41 | €41,786 | €46,728 | +€4,942 | +11.8% |
| Cash at bank and in hand | 54/58 | €1,627 | €1,742 | +€115 | +7.1% |
| Deferred charges and accrued income | 490/1 | €863 | €1,444 | +€582 | +67.4% |
| Total equity and liabilities | 10/49 | €151,856 | €141,758 | -€10,099 | -6.7% |
| Equity | 10/15 | €65,149 | €76,212 | +€11,062 | +17.0% |
| Contributions | 10/11 | €74,274 | €74,274 | = | 0.0% |
| Capital | 10 | €74,274 | €74,274 | = | 0.0% |
| Issued capital | 100 | €74,274 | €74,274 | = | 0.0% |
| Reserves | 13 | €2,650 | €2,650 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,650 | €2,650 | = | 0.0% |
| Legal reserve | 130 | €2,650 | €2,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,775 | -€712 | +€11,062 | +94.0% |
| Amounts payable | 17/49 | €86,707 | €65,546 | -€21,161 | -24.4% |
| Amounts payable after more than one year | 17 | €38,804 | €42,535 | +€3,732 | +9.6% |
| Financial debts | 170/4 | €38,804 | €42,535 | +€3,732 | +9.6% |
| Amounts payable within one year | 42/48 | €46,775 | €22,886 | -€23,890 | -51.1% |
| Current portion of amounts payable after more than one year | 42 | €4,713 | €7,175 | +€2,462 | +52.2% |
| Trade debts | 44 | €28,317 | €7,876 | -€20,441 | -72.2% |
| Suppliers | 440/4 | €28,317 | €7,876 | -€20,441 | -72.2% |
| Taxes, remuneration and social security | 45 | €8,853 | €7,835 | -€1,018 | -11.5% |
| Taxes | 450/3 | €8,853 | €7,835 | -€1,018 | -11.5% |
| Other amounts payable | 47/48 | €4,893 | - | -€4,893 | |
| Accrued charges and deferred income | 492/3 | €1,128 | €125 | -€1,003 | -88.9% |
| Non-recurring operating income | 76A | - | €1,685 | +€1,685 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,298 | €11,800 | +€2,502 | +26.9% |
| Other operating charges | 640/8 | €9,109 | €5,721 | -€3,388 | -37.2% |
| Gross operating margin | 9900 | €29,894 | €33,155 | +€3,261 | +10.9% |
| Operating profit (loss) | 9901 | €11,486 | €15,634 | +€4,148 | +36.1% |
| Financial income | 75/76B | €2,563 | €2,436 | -€127 | -5.0% |
| Recurring financial income | 75 | €2,563 | €2,436 | -€127 | -5.0% |
| Financial charges | 65/66B | €902 | €2,704 | +€1,802 | +200% |
| Recurring financial charges | 65 | €902 | €2,704 | +€1,802 | +200% |
| Profit (loss) for the period before taxes | 9903 | €13,147 | €15,365 | +€2,219 | +16.9% |
| Income taxes | 67/77 | €3,532 | €4,303 | +€771 | +21.8% |
| Profit (loss) for the period | 9904 | €9,615 | €11,062 | +€1,448 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,615 | €11,062 | +€1,448 | +15.1% |
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 19 October 2026 via checked.be.