SABBE TRANS: 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 TRANS
Largest movements
- Tangible fixed assets +€100,102
up €100,102 (+138%), from €72,358 to €172,460
of which Leasing and similar rights: +€107,521
- Receivables within one year +€42,368
up €42,368 (+135%), from €31,294 to €73,663
of which Trade receivables: +€43,684
- Cash -€39,532
down €39,532 (-42.3%), from €93,552 to €54,019
mainly Investment in fixed assets (net) (-€141,729) and Receivables within one year (-€42,368)
- Debts after one year +€80,478
up €80,478 (+534%), from €15,069 to €95,546
- Other debts +€15,170
up €15,170 (+263%), from €5,758 to €20,928
- Current portion of long-term debt +€12,314
up €12,314 (+38.5%), from €32,008 to €44,322
- Gross operating margin +€14,828
up €14,828 (+20.3%), from €73,050 to €87,878
- Other operating charges +€1,219
up €1,219 (+7.6%), from €15,939 to €17,158
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 | €222,375 | €325,080 | +€102,705 | +46.2% |
| Fixed assets | 21/28 | €81,358 | €181,460 | +€100,102 | +123% |
| Tangible fixed assets | 22/27 | €72,358 | €172,460 | +€100,102 | +138% |
| Plant, machinery and equipment | 23 | €1,776 | €50 | -€1,726 | -97.2% |
| Furniture and vehicles | 24 | €39,959 | €36,013 | -€3,946 | -9.9% |
| Leasing and similar rights | 25 | €17,279 | €124,800 | +€107,521 | +622% |
| Other tangible fixed assets | 26 | €13,344 | €11,597 | -€1,747 | -13.1% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €141,017 | €143,620 | +€2,603 | +1.8% |
| Amounts receivable after more than one year | 29 | €7,500 | €7,500 | = | 0.0% |
| Other amounts receivable | 291 | €7,500 | €7,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €31,294 | €73,663 | +€42,368 | +135% |
| Trade receivables | 40 | €29,300 | €72,984 | +€43,684 | +149% |
| Other amounts receivable | 41 | €1,994 | €678 | -€1,316 | -66.0% |
| Cash at bank and in hand | 54/58 | €93,552 | €54,019 | -€39,532 | -42.3% |
| Deferred charges and accrued income | 490/1 | €8,671 | €8,439 | -€233 | -2.7% |
| Total equity and liabilities | 10/49 | €222,375 | €325,080 | +€102,705 | +46.2% |
| Equity | 10/15 | €123,162 | €121,837 | -€1,326 | -1.1% |
| Contributions | 10/11 | €12,403 | €12,403 | = | 0.0% |
| Reserves | 13 | €106,000 | €104,500 | -€1,500 | -1.4% |
| Distributable reserves | 133 | €106,000 | €104,500 | -€1,500 | -1.4% |
| Profit (loss) carried forward | 14 | €4,760 | €4,934 | +€174 | +3.7% |
| Amounts payable | 17/49 | €99,213 | €203,244 | +€104,031 | +105% |
| Amounts payable after more than one year | 17 | €15,069 | €95,546 | +€80,478 | +534% |
| Financial debts | 170/4 | €15,069 | €95,546 | +€80,478 | +534% |
| Amounts payable within one year | 42/48 | €84,144 | €107,697 | +€23,553 | +28.0% |
| Current portion of amounts payable after more than one year | 42 | €32,008 | €44,322 | +€12,314 | +38.5% |
| Financial debts | 43 | €9,000 | €9,000 | = | 0.0% |
| Credit institutions | 430/8 | €9,000 | €9,000 | = | 0.0% |
| Trade debts | 44 | €32,301 | €30,128 | -€2,173 | -6.7% |
| Suppliers | 440/4 | €32,301 | €30,128 | -€2,173 | -6.7% |
| Taxes, remuneration and social security | 45 | €5,077 | €3,319 | -€1,758 | -34.6% |
| Taxes | 450/3 | €5,077 | €3,319 | -€1,758 | -34.6% |
| Other amounts payable | 47/48 | €5,758 | €20,928 | +€15,170 | +263% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,216 | €41,628 | +€412 | +1.0% |
| Other operating charges | 640/8 | €15,939 | €17,158 | +€1,219 | +7.6% |
| Gross operating margin | 9900 | €73,050 | €87,878 | +€14,828 | +20.3% |
| Operating profit (loss) | 9901 | €15,896 | €29,092 | +€13,197 | +83.0% |
| Financial income | 75/76B | €407 | €572 | +€165 | +40.5% |
| Recurring financial income | 75 | €407 | €572 | +€165 | +40.5% |
| Financial charges | 65/66B | €7,135 | €6,574 | -€561 | -7.9% |
| Recurring financial charges | 65 | €7,135 | €6,574 | -€561 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €9,168 | €23,091 | +€13,923 | +152% |
| Income taxes | 67/77 | €4,736 | €4,417 | -€319 | -6.7% |
| Profit (loss) for the period | 9904 | €4,432 | €18,674 | +€14,242 | +321% |
| Transfer from tax-exempt reserves | 789 | €6,431 | - | -€6,431 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,863 | €18,674 | +€7,811 | +71.9% |
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 15 October 2026 via checked.be.