SABAU: 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.
SABAU
Largest movements
- Cash +€44,191
up €44,191 (+51.8%), from €85,249 to €129,440
mainly Net result for the year (+€22,069) and Depreciation (+€14,209)
- Tangible fixed assets -€14,209
down €14,209 (-3.6%), from €397,980 to €383,770
of which Land and buildings: -€9,688
- Reserves +€22,069
up €22,069 (+17.8%), from €123,835 to €145,903
of which Distributable reserves: +€22,069
- Tax, wage and social debts +€9,114
up €9,114 (+3,065%), from €297 to €9,411
- Gross operating margin +€11,895
up €11,895 (+34.3%), from €34,693 to €46,588
- Taxes +€8,751
up €8,751 (+3,909%), from €224 to €8,975
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 | €485,368 | €514,490 | +€29,122 | +6.0% |
| Fixed assets | 21/28 | €398,791 | €384,560 | -€14,230 | -3.6% |
| Tangible fixed assets | 22/27 | €397,980 | €383,770 | -€14,209 | -3.6% |
| Land and buildings | 22 | €384,622 | €374,934 | -€9,688 | -2.5% |
| Furniture and vehicles | 24 | €13,358 | €8,837 | -€4,521 | -33.8% |
| Financial fixed assets | 28 | €811 | €790 | -€21 | -2.6% |
| Current assets | 29/58 | €86,577 | €129,930 | +€43,353 | +50.1% |
| Amounts receivable within one year | 40/41 | €591 | €8 | -€583 | -98.6% |
| Trade receivables | 40 | €175 | - | -€175 | |
| Other amounts receivable | 41 | €416 | €8 | -€408 | -98.0% |
| Cash at bank and in hand | 54/58 | €85,249 | €129,440 | +€44,191 | +51.8% |
| Deferred charges and accrued income | 490/1 | €738 | €482 | -€255 | -34.6% |
| Total equity and liabilities | 10/49 | €485,368 | €514,490 | +€29,122 | +6.0% |
| Equity | 10/15 | €228,835 | €250,903 | +€22,069 | +9.6% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Reserves | 13 | €123,835 | €145,903 | +€22,069 | +17.8% |
| Non-distributable reserves | 130/1 | €3,262 | €3,262 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,262 | €3,262 | = | 0.0% |
| Distributable reserves | 133 | €120,572 | €142,641 | +€22,069 | +18.3% |
| Amounts payable | 17/49 | €256,533 | €263,587 | +€7,054 | +2.7% |
| Amounts payable within one year | 42/48 | €256,533 | €263,587 | +€7,054 | +2.7% |
| Taxes, remuneration and social security | 45 | €297 | €9,411 | +€9,114 | +3,065% |
| Taxes | 450/3 | €297 | €9,411 | +€9,114 | +3,065% |
| Other amounts payable | 47/48 | €256,236 | €254,176 | -€2,060 | -0.8% |
| Remuneration, social security and pensions | 62 | €79 | - | -€79 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,209 | €14,209 | -€0 | 0.0% |
| Other operating charges | 640/8 | €972 | €1,300 | +€328 | +33.7% |
| Gross operating margin | 9900 | €34,693 | €46,588 | +€11,895 | +34.3% |
| Operating profit (loss) | 9901 | €19,433 | €31,079 | +€11,647 | +59.9% |
| Financial income | 75/76B | - | €233 | +€233 | |
| Recurring financial income | 75 | - | €233 | +€233 | |
| Financial charges | 65/66B | €104 | €269 | +€165 | +160% |
| Recurring financial charges | 65 | €104 | €269 | +€165 | +160% |
| Profit (loss) for the period before taxes | 9903 | €19,329 | €31,044 | +€11,714 | +60.6% |
| Income taxes | 67/77 | €224 | €8,975 | +€8,751 | +3,909% |
| Profit (loss) for the period | 9904 | €19,105 | €22,069 | +€2,963 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,105 | €22,069 | +€2,963 | +15.5% |
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.