SABEAU: 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.
SABEAU
Largest movements
- Cash +€32,649
up €32,649 (+74.3%), from €43,915 to €76,564
mainly Net result for the year (+€10,526) and Depreciation (+€9,632)
- Receivables within one year -€7,967
down €7,967 (-26.1%), from €30,510 to €22,543
of which Other amounts receivable: -€9,940
- Tangible fixed assets -€4,886
down €4,886 (-12.7%), from €38,546 to €33,660
of which Furniture and vehicles: -€3,631
- Profit (loss) carried forward +€10,526
up €10,526 (+74.8%), from -€14,081 to -€3,555
- Other debts +€9,547
up €9,547 (+1774.5%), from €538 to €10,085
- Purchases and services +€4,293
up €4,293 (+6.1%), from €70,404 to €74,697
- Gross operating margin +€3,444
up €3,444 (+7.3%), from €46,903 to €50,347
- Taxes -€582
no longer reported in 2025 (was €582)
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 | €113,757 | €133,743 | +€19,986 | +17.6% |
| Fixed assets | 21/28 | €38,740 | €33,854 | -€4,886 | -12.6% |
| Tangible fixed assets | 22/27 | €38,546 | €33,660 | -€4,886 | -12.7% |
| Land and buildings | 22 | €20,764 | €19,584 | -€1,180 | -5.7% |
| Plant, machinery and equipment | 23 | €4,185 | €2,122 | -€2,063 | -49.3% |
| Furniture and vehicles | 24 | €10,756 | €7,125 | -€3,631 | -33.8% |
| Other tangible fixed assets | 26 | €2,841 | €2,131 | -€710 | -25.0% |
| Assets under construction and advance payments | 27 | - | €2,698 | +€2,698 | |
| Financial fixed assets | 28 | €194 | €194 | = | 0.0% |
| Current assets | 29/58 | €75,017 | €99,889 | +€24,872 | +33.2% |
| Amounts receivable within one year | 40/41 | €30,510 | €22,543 | -€7,967 | -26.1% |
| Trade receivables | 40 | €4,505 | €6,478 | +€1,973 | +43.8% |
| Other amounts receivable | 41 | €26,005 | €16,065 | -€9,940 | -38.2% |
| Cash at bank and in hand | 54/58 | €43,915 | €76,564 | +€32,649 | +74.3% |
| Deferred charges and accrued income | 490/1 | €592 | €782 | +€190 | +32.1% |
| Total equity and liabilities | 10/49 | €113,757 | €133,743 | +€19,986 | +17.6% |
| Equity | 10/15 | €3,181 | €13,707 | +€10,526 | +330.9% |
| Contributions | 10/11 | €15,403 | €15,403 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,081 | -€3,555 | +€10,526 | +74.8% |
| Provisions and deferred taxes | 16 | €97,174 | €97,174 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €97,174 | €97,174 | = | 0.0% |
| Pensions and similar obligations | 160 | €97,174 | €97,174 | = | 0.0% |
| Amounts payable | 17/49 | €13,402 | €22,862 | +€9,460 | +70.6% |
| Amounts payable within one year | 42/48 | €13,402 | €22,862 | +€9,460 | +70.6% |
| Trade debts | 44 | €4,979 | €4,040 | -€939 | -18.9% |
| Suppliers | 440/4 | €4,979 | €4,040 | -€939 | -18.9% |
| Taxes, remuneration and social security | 45 | €7,885 | €8,737 | +€852 | +10.8% |
| Remuneration and social security | 454/9 | €7,885 | €8,737 | +€852 | +10.8% |
| Other amounts payable | 47/48 | €538 | €10,085 | +€9,547 | +1774.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €70,404 | €74,697 | +€4,293 | +6.1% |
| Remuneration, social security and pensions | 62 | €33,547 | €33,663 | +€116 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,170 | €9,632 | +€462 | +5.0% |
| Other operating charges | 640/8 | €220 | €307 | +€87 | +39.5% |
| Gross operating margin | 9900 | €46,903 | €50,347 | +€3,444 | +7.3% |
| Operating profit (loss) | 9901 | €3,966 | €6,745 | +€2,779 | +70.1% |
| Financial income | 75/76B | €4,019 | €3,954 | -€65 | -1.6% |
| Recurring financial income | 75 | €619 | €654 | +€35 | +5.7% |
| Non-recurring financial income | 76B | €3,400 | €3,300 | -€100 | -2.9% |
| Financial charges | 65/66B | €281 | €173 | -€108 | -38.4% |
| Recurring financial charges | 65 | €281 | €173 | -€108 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | €7,704 | €10,526 | +€2,822 | +36.6% |
| Income taxes | 67/77 | €582 | - | -€582 | |
| Profit (loss) for the period | 9904 | €7,122 | €10,526 | +€3,404 | +47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,122 | €10,526 | +€3,404 | +47.8% |
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 5 October 2026 via checked.be.