SABBE: 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.
SABBE
Largest movements
- Tangible fixed assets +€482,418
up €482,418 (+2135.0%), from €22,596 to €505,014
of which Leasing and similar rights: +€494,092
- Cash +€31,449
up €31,449 (+57.1%), from €55,107 to €86,555
mainly Debts after one year (+€459,999) and Current portion of long-term debt (+€30,549)
- Receivables within one year +€12,612
up €12,612 (+184.6%), from €6,832 to €19,444
of which Trade receivables: +€11,603
- Debts after one year +€459,999
new in 2025: €459,999
- Current portion of long-term debt +€30,549
new in 2025: €30,549
- Reserves +€26,442
up €26,442 (+35.7%), from €74,099 to €100,542
- Accrued charges and deferred income +€12,700
new in 2025: €12,700
- Other debts -€7,861
down €7,861 (-75.1%), from €10,462 to €2,601
- Gross operating margin +€26,671
up €26,671 (+53.4%), from €49,933 to €76,604
- Depreciation +€15,780
up €15,780 (+144.3%), from €10,935 to €26,715
- Financial charges +€14,465
up €14,465 (+2494.9%), from €580 to €15,044
- Taxes -€5,451
down €5,451 (-56.2%), from €9,696 to €4,245
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 | €90,689 | €618,000 | +€527,312 | +581.5% |
| Fixed assets | 21/28 | €24,696 | €508,414 | +€483,718 | +1958.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €22,596 | €505,014 | +€482,418 | +2135.0% |
| Land and buildings | 22 | €3,070 | €0 | -€3,070 | -100.0% |
| Plant, machinery and equipment | 23 | €10,938 | €5,155 | -€5,783 | -52.9% |
| Furniture and vehicles | 24 | €8,587 | €5,766 | -€2,821 | -32.8% |
| Leasing and similar rights | 25 | - | €494,092 | +€494,092 | |
| Financial fixed assets | 28 | €2,100 | €3,400 | +€1,300 | +61.9% |
| Current assets | 29/58 | €65,993 | €109,586 | +€43,594 | +66.1% |
| Stocks and contracts in progress | 3 | €3,350 | €3,150 | -€200 | -6.0% |
| Stocks | 30/36 | €3,350 | €3,150 | -€200 | -6.0% |
| Amounts receivable within one year | 40/41 | €6,832 | €19,444 | +€12,612 | +184.6% |
| Trade receivables | 40 | €2,522 | €14,125 | +€11,603 | +460.1% |
| Other amounts receivable | 41 | €4,310 | €5,319 | +€1,008 | +23.4% |
| Cash at bank and in hand | 54/58 | €55,107 | €86,555 | +€31,449 | +57.1% |
| Deferred charges and accrued income | 490/1 | €704 | €437 | -€267 | -37.9% |
| Total equity and liabilities | 10/49 | €90,689 | €618,000 | +€527,312 | +581.5% |
| Equity | 10/15 | €79,099 | €105,542 | +€26,442 | +33.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €74,099 | €100,542 | +€26,442 | +35.7% |
| Distributable reserves | 133 | €74,099 | €100,542 | +€26,442 | +35.7% |
| Amounts payable | 17/49 | €11,589 | €512,459 | +€500,870 | +4321.9% |
| Amounts payable after more than one year | 17 | - | €459,999 | +€459,999 | |
| Financial debts | 170/4 | - | €459,999 | +€459,999 | |
| Amounts payable within one year | 42/48 | €11,589 | €39,760 | +€28,171 | +243.1% |
| Current portion of amounts payable after more than one year | 42 | - | €30,549 | +€30,549 | |
| Trade debts | 44 | €1,027 | €6,062 | +€5,036 | +490.6% |
| Suppliers | 440/4 | €1,027 | €6,062 | +€5,036 | +490.6% |
| Taxes, remuneration and social security | 45 | €100 | €547 | +€447 | +446.2% |
| Taxes | 450/3 | €100 | €547 | +€447 | +446.2% |
| Other amounts payable | 47/48 | €10,462 | €2,601 | -€7,861 | -75.1% |
| Accrued charges and deferred income | 492/3 | - | €12,700 | +€12,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,935 | €26,715 | +€15,780 | +144.3% |
| Other operating charges | 640/8 | €1,005 | €1,479 | +€475 | +47.2% |
| Non-recurring operating charges | 66A | - | €2,720 | +€2,720 | |
| Gross operating margin | 9900 | €49,933 | €76,604 | +€26,671 | +53.4% |
| Operating profit (loss) | 9901 | €37,994 | €45,689 | +€7,695 | +20.3% |
| Financial income | 75/76B | €38 | €43 | +€5 | +13.4% |
| Recurring financial income | 75 | €38 | €43 | +€5 | +13.4% |
| Financial charges | 65/66B | €580 | €15,044 | +€14,465 | +2494.9% |
| Recurring financial charges | 65 | €580 | €15,044 | +€14,465 | +2494.9% |
| Profit (loss) for the period before taxes | 9903 | €37,451 | €30,687 | -€6,764 | -18.1% |
| Income taxes | 67/77 | €9,696 | €4,245 | -€5,451 | -56.2% |
| Profit (loss) for the period | 9904 | €27,755 | €26,442 | -€1,313 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,755 | €26,442 | -€1,313 | -4.7% |
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 10 October 2026 via checked.be.