SABAAL: 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.
SABAAL
Largest movements
- Receivables within one year +€179,019
up €179,019 (+1352.6%), from €13,235 to €192,254
- Other debts +€180,239
up €180,239 (+758.8%), from €23,754 to €203,993
- Depreciation -€3,190
no longer reported in 2025 (was €3,190)
- Gross operating margin +€152
up €152 (+12.3%), from -€1,235 to -€1,082
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 | €68,642 | €247,262 | +€178,620 | +260.2% |
| Fixed assets | 21/28 | €55,000 | €55,000 | = | 0.0% |
| Financial fixed assets | 28 | €55,000 | €55,000 | = | 0.0% |
| Current assets | 29/58 | €13,642 | €192,262 | +€178,620 | +1309.3% |
| Amounts receivable within one year | 40/41 | €13,235 | €192,254 | +€179,019 | +1352.6% |
| Other amounts receivable | 41 | €13,235 | €192,254 | +€179,019 | +1352.6% |
| Cash at bank and in hand | 54/58 | €407 | €7 | -€399 | -98.2% |
| Total equity and liabilities | 10/49 | €68,642 | €247,262 | +€178,620 | +260.2% |
| Equity | 10/15 | €44,501 | €43,268 | -€1,232 | -2.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,499 | -€6,732 | -€1,232 | -22.4% |
| Amounts payable | 17/49 | €24,141 | €203,993 | +€179,852 | +745.0% |
| Amounts payable within one year | 42/48 | €24,141 | €203,993 | +€179,852 | +745.0% |
| Trade debts | 44 | €387 | - | -€387 | |
| Suppliers | 440/4 | €387 | - | -€387 | |
| Other amounts payable | 47/48 | €23,754 | €203,993 | +€180,239 | +758.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,190 | - | -€3,190 | |
| Gross operating margin | 9900 | -€1,235 | -€1,082 | +€152 | +12.3% |
| Operating profit (loss) | 9901 | -€4,424 | -€1,082 | +€3,342 | +75.5% |
| Financial charges | 65/66B | €142 | €150 | +€8 | +5.8% |
| Recurring financial charges | 65 | €142 | €150 | +€8 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,566 | -€1,232 | +€3,334 | +73.0% |
| Profit (loss) for the period | 9904 | -€4,566 | -€1,232 | +€3,334 | +73.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,566 | -€1,232 | +€3,334 | +73.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.