SABBELEC: 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.
SABBELEC
Largest movements
- Cash -€4,623
down €4,623 (-11.2%), from €41,167 to €36,544
mainly Net result for the year (-€9,473) and Receivables within one year (-€895)
- Receivables within one year +€895
new in 2025: €895
of which Trade receivables: +€666
- Deferred charges and accrued income -€566
down €566 (-67.5%), from €838 to €272
- Profit (loss) carried forward -€9,473
down €9,473 (-26.1%), from -€36,270 to -€45,743
- Other debts +€4,629
up €4,629 (+10.2%), from €45,385 to €50,014
- Trade debts +€550
new in 2025: €550
- Gross operating margin -€29,679
down €29,679, from €26,913 to -€2,766
- Depreciation -€2,429
no longer reported in 2025 (was €2,429)
- Financial income +€363
up €363 (+74.7%), from €486 to €849
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 | €42,005 | €37,711 | -€4,294 | -10.2% |
| Current assets | 29/58 | €42,005 | €37,711 | -€4,294 | -10.2% |
| Amounts receivable within one year | 40/41 | - | €895 | +€895 | |
| Trade receivables | 40 | - | €666 | +€666 | |
| Other amounts receivable | 41 | - | €230 | +€230 | |
| Cash at bank and in hand | 54/58 | €41,167 | €36,544 | -€4,623 | -11.2% |
| Deferred charges and accrued income | 490/1 | €838 | €272 | -€566 | -67.5% |
| Total equity and liabilities | 10/49 | €42,005 | €37,711 | -€4,294 | -10.2% |
| Equity | 10/15 | -€3,380 | -€12,853 | -€9,473 | -280% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | - | -€20,000 | |
| Other | 1109/19 | €20,000 | - | -€20,000 | |
| Reserves | 13 | €12,890 | €12,890 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | - | €2,000 | +€2,000 | |
| Tax-exempt reserves | 132 | €2,890 | €2,890 | = | 0.0% |
| Distributable reserves | 133 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,270 | -€45,743 | -€9,473 | -26.1% |
| Amounts payable | 17/49 | €45,385 | €50,564 | +€5,179 | +11.4% |
| Amounts payable within one year | 42/48 | €45,385 | €50,564 | +€5,179 | +11.4% |
| Trade debts | 44 | - | €550 | +€550 | |
| Suppliers | 440/4 | - | €550 | +€550 | |
| Other amounts payable | 47/48 | €45,385 | €50,014 | +€4,629 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,429 | - | -€2,429 | |
| Other operating charges | 640/8 | €265 | €329 | +€65 | +24.4% |
| Non-recurring operating charges | 66A | - | €6,861 | +€6,861 | |
| Gross operating margin | 9900 | €26,913 | -€2,766 | -€29,679 | |
| Operating profit (loss) | 9901 | €24,220 | -€9,956 | -€34,176 | |
| Financial income | 75/76B | €486 | €849 | +€363 | +74.7% |
| Recurring financial income | 75 | €486 | €849 | +€363 | +74.7% |
| Financial charges | 65/66B | €111 | €111 | -€0 | -0.1% |
| Recurring financial charges | 65 | €111 | €111 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €24,595 | -€9,218 | -€33,813 | |
| Income taxes | 67/77 | - | €255 | +€255 | |
| Profit (loss) for the period | 9904 | €24,595 | -€9,473 | -€34,068 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,595 | -€9,473 | -€34,068 |
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 22 October 2026 via checked.be.