SaBa: what changed
Two fiscal 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.
SaBa
Largest movements
- Cash +€26,689
up €26,689 (+8896.4%), from €300 to €26,989
mainly Trade debts (+€21,930) and Depreciation (+€14,072)
- Stocks and contracts +€15,500
up €15,500 (+43.7%), from €35,500 to €51,000
- Tangible fixed assets -€13,164
down €13,164 (-19.0%), from €69,283 to €56,120
of which Furniture and vehicles: -€10,064
- Trade debts +€21,930
up €21,930 (+3770.4%), from €582 to €22,511
- Tax, wage and social debts +€6,586
up €6,586 (+121.3%), from €5,428 to €12,014
of which Taxes: +€4,675
- Other debts +€3,688
up €3,688 (+2.1%), from €173,124 to €176,812
- Short-term financial debts -€3,025
no longer reported in 2025 (was €3,025)
- Gross operating margin -€6,131
down €6,131 (-25.2%), from €24,361 to €18,230
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.
Cash bridge derived
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 | €184,827 | €215,217 | +€30,390 | +16.4% |
| Fixed assets | 21/28 | €69,283 | €56,120 | -€13,164 | -19.0% |
| Tangible fixed assets | 22/27 | €69,283 | €56,120 | -€13,164 | -19.0% |
| Land and buildings | 22 | €31,516 | €28,416 | -€3,100 | -9.8% |
| Furniture and vehicles | 24 | €37,767 | €27,703 | -€10,064 | -26.6% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Current assets | 29/58 | €115,544 | €159,097 | +€43,553 | +37.7% |
| Stocks and contracts in progress | 3 | €35,500 | €51,000 | +€15,500 | +43.7% |
| Stocks | 30/36 | €35,500 | €51,000 | +€15,500 | +43.7% |
| Amounts receivable within one year | 40/41 | €79,744 | €81,084 | +€1,340 | +1.7% |
| Trade receivables | 40 | €2,566 | €1,721 | -€845 | -32.9% |
| Other amounts receivable | 41 | €77,178 | €79,363 | +€2,185 | +2.8% |
| Cash at bank and in hand | 54/58 | €300 | €26,989 | +€26,689 | +8896.4% |
| Deferred charges and accrued income | 490/1 | - | €24 | +€24 | |
| Total equity and liabilities | 10/49 | €184,827 | €215,217 | +€30,390 | +16.4% |
| Equity | 10/15 | €2,668 | €3,879 | +€1,211 | +45.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,332 | -€16,121 | +€1,211 | +7.0% |
| Amounts payable | 17/49 | €182,159 | €211,338 | +€29,179 | +16.0% |
| Amounts payable within one year | 42/48 | €182,159 | €211,338 | +€29,179 | +16.0% |
| Financial debts | 43 | €3,025 | - | -€3,025 | |
| Credit institutions | 430/8 | €3,025 | - | -€3,025 | |
| Trade debts | 44 | €582 | €22,511 | +€21,930 | +3770.4% |
| Suppliers | 440/4 | €582 | €22,511 | +€21,930 | +3770.4% |
| Taxes, remuneration and social security | 45 | €5,428 | €12,014 | +€6,586 | +121.3% |
| Taxes | 450/3 | €196 | €4,871 | +€4,675 | +2388.6% |
| Remuneration and social security | 454/9 | €5,233 | €7,143 | +€1,910 | +36.5% |
| Other amounts payable | 47/48 | €173,124 | €176,812 | +€3,688 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,880 | €14,072 | +€192 | +1.4% |
| Other operating charges | 640/8 | €2,189 | €2,252 | +€63 | +2.9% |
| Gross operating margin | 9900 | €24,361 | €18,230 | -€6,131 | -25.2% |
| Operating profit (loss) | 9901 | €8,292 | €1,906 | -€6,385 | -77.0% |
| Financial charges | 65/66B | €463 | €695 | +€233 | +50.3% |
| Recurring financial charges | 65 | €463 | €695 | +€233 | +50.3% |
| Profit (loss) for the period before taxes | 9903 | €7,829 | €1,211 | -€6,618 | -84.5% |
| Profit (loss) for the period | 9904 | €7,829 | €1,211 | -€6,618 | -84.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,829 | €1,211 | -€6,618 | -84.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.