SABALI: 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.
SABALI
Largest movements
- Tangible fixed assets +€122,440
up €122,440 (+28.6%), from €428,411 to €550,850
of which Land and buildings: +€129,503
- Receivables within one year +€14,053
up €14,053 (+91.7%), from €15,326 to €29,379
of which Trade receivables: +€14,029
- Debts after one year +€38,398
up €38,398 (+13.3%), from €287,664 to €326,061
- Profit (loss) carried forward +€38,193
up €38,193 (+115.1%), from €33,174 to €71,366
- Current portion of long-term debt +€30,788
up €30,788 (+108.3%), from €28,423 to €59,211
- Other debts +€15,087
up €15,087 (+34.4%), from €43,903 to €58,990
- Trade debts +€10,208
up €10,208 (+69.1%), from €14,765 to €24,973
- Gross operating margin +€48,760
up €48,760 (+41.9%), from €116,406 to €165,167
- Depreciation +€15,318
up €15,318 (+148.2%), from €10,338 to €25,656
- Taxes +€8,972
up €8,972 (+169.7%), from €5,286 to €14,258
- Staff costs +€5,451
up €5,451 (+8.0%), from €68,465 to €73,915
- Financial charges +€5,227
up €5,227 (+74.0%), from €7,060 to €12,287
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 | €453,824 | €593,605 | +€139,781 | +30.8% |
| Fixed assets | 21/28 | €428,671 | €551,110 | +€122,440 | +28.6% |
| Tangible fixed assets | 22/27 | €428,411 | €550,850 | +€122,440 | +28.6% |
| Land and buildings | 22 | €391,606 | €521,109 | +€129,503 | +33.1% |
| Furniture and vehicles | 24 | €67 | €29,741 | +€29,674 | +44376.0% |
| Assets under construction and advance payments | 27 | €36,737 | €0 | -€36,737 | -100.0% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €25,153 | €42,494 | +€17,341 | +68.9% |
| Amounts receivable within one year | 40/41 | €15,326 | €29,379 | +€14,053 | +91.7% |
| Trade receivables | 40 | €15,326 | €29,355 | +€14,029 | +91.5% |
| Other amounts receivable | 41 | €0 | €24 | +€24 | |
| Cash at bank and in hand | 54/58 | €9,827 | €10,861 | +€1,034 | +10.5% |
| Deferred charges and accrued income | 490/1 | €0 | €2,254 | +€2,254 | |
| Total equity and liabilities | 10/49 | €453,824 | €593,605 | +€139,781 | +30.8% |
| Equity | 10/15 | €55,174 | €93,366 | +€38,193 | +69.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,174 | €71,366 | +€38,193 | +115.1% |
| Amounts payable | 17/49 | €398,650 | €500,238 | +€101,588 | +25.5% |
| Amounts payable after more than one year | 17 | €287,664 | €326,061 | +€38,398 | +13.3% |
| Financial debts | 170/4 | €287,664 | €326,061 | +€38,398 | +13.3% |
| Amounts payable within one year | 42/48 | €110,987 | €172,023 | +€61,036 | +55.0% |
| Current portion of amounts payable after more than one year | 42 | €28,423 | €59,211 | +€30,788 | +108.3% |
| Trade debts | 44 | €14,765 | €24,973 | +€10,208 | +69.1% |
| Suppliers | 440/4 | €14,765 | €24,973 | +€10,208 | +69.1% |
| Taxes, remuneration and social security | 45 | €23,895 | €28,849 | +€4,953 | +20.7% |
| Taxes | 450/3 | €11,238 | €14,824 | +€3,586 | +31.9% |
| Remuneration and social security | 454/9 | €12,657 | €14,024 | +€1,367 | +10.8% |
| Other amounts payable | 47/48 | €43,903 | €58,990 | +€15,087 | +34.4% |
| Accrued charges and deferred income | 492/3 | - | €2,154 | +€2,154 | |
| Remuneration, social security and pensions | 62 | €68,465 | €73,915 | +€5,451 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,338 | €25,656 | +€15,318 | +148.2% |
| Other operating charges | 640/8 | €183 | €864 | +€681 | +372.3% |
| Gross operating margin | 9900 | €116,406 | €165,167 | +€48,760 | +41.9% |
| Operating profit (loss) | 9901 | €37,420 | €64,731 | +€27,311 | +73.0% |
| Financial income | 75/76B | €1 | €6 | +€6 | +938.3% |
| Recurring financial income | 75 | €1 | €6 | +€6 | +938.3% |
| Financial charges | 65/66B | €7,060 | €12,287 | +€5,227 | +74.0% |
| Recurring financial charges | 65 | €7,060 | €12,287 | +€5,227 | +74.0% |
| Profit (loss) for the period before taxes | 9903 | €30,361 | €52,450 | +€22,090 | +72.8% |
| Income taxes | 67/77 | €5,286 | €14,258 | +€8,972 | +169.7% |
| Profit (loss) for the period | 9904 | €25,075 | €38,193 | +€13,118 | +52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,075 | €38,193 | +€13,118 | +52.3% |
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 6 October 2026 via checked.be.