SABDM: what changed
Two fiscal 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.
SABDM
Largest movements
- Tangible fixed assets -€44,698
down €44,698 (-8.8%), from €505,943 to €461,244
- Deferred charges and accrued income -€10,405
down €10,405 (-99.6%), from €10,450 to €45
- Other debts -€36,420
down €36,420 (-9.6%), from €378,294 to €341,874
- Profit (loss) carried forward -€17,463
down €17,463 (-9.9%), from -€176,275 to -€193,738
- Other operating charges +€3,996
up €3,996 (+166.0%), from €2,407 to €6,402
- Gross operating margin -€2,590
down €2,590 (-7.8%), from €32,997 to €30,407
- Taxes +€1,051
new in 2025: €1,051
- Financial charges -€584
down €584, from €497 to -€87
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 | €518,147 | €463,001 | -€55,147 | -10.6% |
| Fixed assets | 21/28 | €505,943 | €461,244 | -€44,698 | -8.8% |
| Tangible fixed assets | 22/27 | €505,943 | €461,244 | -€44,698 | -8.8% |
| Land and buildings | 22 | €399,130 | €376,827 | -€22,304 | -5.6% |
| Plant, machinery and equipment | 23 | €21,976 | €17,584 | -€4,392 | -20.0% |
| Furniture and vehicles | 24 | €19,720 | €13,367 | -€6,353 | -32.2% |
| Other tangible fixed assets | 26 | €65,117 | €53,467 | -€11,650 | -17.9% |
| Current assets | 29/58 | €12,205 | €1,756 | -€10,448 | -85.6% |
| Amounts receivable within one year | 40/41 | €672 | €800 | +€128 | +19.1% |
| Other amounts receivable | 41 | €672 | €800 | +€128 | +19.1% |
| Cash at bank and in hand | 54/58 | €1,083 | €912 | -€171 | -15.8% |
| Deferred charges and accrued income | 490/1 | €10,450 | €45 | -€10,405 | -99.6% |
| Total equity and liabilities | 10/49 | €518,147 | €463,001 | -€55,147 | -10.6% |
| Equity | 10/15 | €136,324 | €118,860 | -€17,463 | -12.8% |
| Contributions | 10/11 | €312,598 | €312,598 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€176,275 | -€193,738 | -€17,463 | -9.9% |
| Amounts payable | 17/49 | €381,824 | €344,140 | -€37,683 | -9.9% |
| Amounts payable after more than one year | 17 | €1,300 | €1,300 | = | 0.0% |
| Other amounts payable | 178/9 | €1,300 | €1,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €380,524 | €342,840 | -€37,683 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €866 | - | -€866 | |
| Trade debts | 44 | €1,019 | - | -€1,019 | |
| Suppliers | 440/4 | €1,019 | - | -€1,019 | |
| Taxes, remuneration and social security | 45 | €344 | €966 | +€622 | +180.8% |
| Taxes | 450/3 | €344 | €966 | +€622 | +180.8% |
| Other amounts payable | 47/48 | €378,294 | €341,874 | -€36,420 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,412 | €40,507 | +€95 | +0.2% |
| Other operating charges | 640/8 | €2,407 | €6,402 | +€3,996 | +166.0% |
| Gross operating margin | 9900 | €32,997 | €30,407 | -€2,590 | -7.8% |
| Operating profit (loss) | 9901 | -€9,822 | -€16,502 | -€6,680 | -68.0% |
| Financial income | 75/76B | €26 | €3 | -€23 | -89.1% |
| Recurring financial income | 75 | €26 | €3 | -€23 | -89.1% |
| Financial charges | 65/66B | €497 | -€87 | -€584 | |
| Recurring financial charges | 65 | €497 | -€87 | -€584 | |
| Profit (loss) for the period before taxes | 9903 | -€10,293 | -€16,412 | -€6,119 | -59.5% |
| Income taxes | 67/77 | - | €1,051 | +€1,051 | |
| Profit (loss) for the period | 9904 | -€10,293 | -€17,463 | -€7,171 | -69.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,293 | -€17,463 | -€7,171 | -69.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.