SABAY SPA: 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.
SABAY SPA
Largest movements
- Cash -€6,457
down €6,457 (-89.0%), from €7,254 to €797
mainly Net result for the year (-€10,366) and Current portion of long-term debt (-€3,418)
- Tangible fixed assets -€4,775
down €4,775 (-26.7%), from €17,853 to €13,078
of which Other tangible fixed assets: -€2,505
- Stocks and contracts +€426
up €426 (+134%), from €318 to €744
- Profit (loss) carried forward -€10,366
down €10,366 (-62.4%), from -€16,605 to -€26,971
- Other debts +€5,257
up €5,257 (+58.1%), from €9,051 to €14,308
- Current portion of long-term debt -€3,418
down €3,418 (-60.8%), from €5,619 to €2,201
- Debts after one year -€2,188
down €2,188 (-15.1%), from €14,486 to €12,298
- Trade debts -€798
down €798 (-23.6%), from €3,381 to €2,583
- Gross operating margin -€12,624
down €12,624, from €10,282 to -€2,342
- Financial charges +€1,253
up €1,253 (+300%), from €418 to €1,671
- Other operating charges +€883
up €883 (+127%), from €694 to €1,577
- Depreciation -€316
down €316 (-6.2%), from €5,092 to €4,775
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 | €26,205 | €15,406 | -€10,800 | -41.2% |
| Fixed assets | 21/28 | €17,853 | €13,078 | -€4,775 | -26.7% |
| Tangible fixed assets | 22/27 | €17,853 | €13,078 | -€4,775 | -26.7% |
| Plant, machinery and equipment | 23 | €2,501 | €292 | -€2,209 | -88.3% |
| Furniture and vehicles | 24 | €103 | €41 | -€62 | -60.0% |
| Other tangible fixed assets | 26 | €15,249 | €12,745 | -€2,505 | -16.4% |
| Current assets | 29/58 | €8,352 | €2,328 | -€6,024 | -72.1% |
| Stocks and contracts in progress | 3 | €318 | €744 | +€426 | +134% |
| Stocks | 30/36 | €318 | €744 | +€426 | +134% |
| Amounts receivable within one year | 40/41 | €575 | €575 | = | 0.0% |
| Trade receivables | 40 | €575 | €575 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,254 | €797 | -€6,457 | -89.0% |
| Deferred charges and accrued income | 490/1 | €206 | €212 | +€6 | +3.1% |
| Total equity and liabilities | 10/49 | €26,205 | €15,406 | -€10,800 | -41.2% |
| Equity | 10/15 | -€9,105 | -€19,471 | -€10,366 | -114% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,605 | -€26,971 | -€10,366 | -62.4% |
| Amounts payable | 17/49 | €35,311 | €34,877 | -€434 | -1.2% |
| Amounts payable after more than one year | 17 | €14,486 | €12,298 | -€2,188 | -15.1% |
| Financial debts | 170/4 | €14,486 | €12,298 | -€2,188 | -15.1% |
| Amounts payable within one year | 42/48 | €20,825 | €22,579 | +€1,753 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €5,619 | €2,201 | -€3,418 | -60.8% |
| Trade debts | 44 | €3,381 | €2,583 | -€798 | -23.6% |
| Suppliers | 440/4 | €3,381 | €2,583 | -€798 | -23.6% |
| Taxes, remuneration and social security | 45 | €2,774 | €3,487 | +€713 | +25.7% |
| Taxes | 450/3 | €2,774 | €3,487 | +€713 | +25.7% |
| Other amounts payable | 47/48 | €9,051 | €14,308 | +€5,257 | +58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,092 | €4,775 | -€316 | -6.2% |
| Other operating charges | 640/8 | €694 | €1,577 | +€883 | +127% |
| Gross operating margin | 9900 | €10,282 | -€2,342 | -€12,624 | |
| Operating profit (loss) | 9901 | €4,496 | -€8,695 | -€13,190 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €418 | €1,671 | +€1,253 | +300% |
| Recurring financial charges | 65 | €418 | €1,671 | +€1,253 | +300% |
| Profit (loss) for the period before taxes | 9903 | €4,080 | -€10,366 | -€14,445 | |
| Profit (loss) for the period | 9904 | €4,080 | -€10,366 | -€14,445 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,080 | -€10,366 | -€14,445 |
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 28 October 2026 via checked.be.