Sabel Inc: 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.
Sabel Inc
Largest movements
- Cash +€30,827
up €30,827 (+488%), from €6,314 to €37,142
mainly Other debts (+€20,470) and Net result for the year (+€17,807)
- Receivables within one year -€10,032
down €10,032 (-11.7%), from €86,111 to €76,078
of which Trade receivables: -€8,148
- Tangible fixed assets -€1,955
down €1,955 (-15.9%), from €12,262 to €10,307
of which Other tangible fixed assets: -€1,325
- Other debts +€20,470
up €20,470 (+182%), from €11,242 to €31,712
- Trade debts -€5,771
down €5,771 (-55.5%), from €10,401 to €4,630
- Tax, wage and social debts +€4,739
up €4,739 (+921%), from €514 to €5,254
- Gross operating margin +€22,815
up €22,815 (+228%), from €10,019 to €32,834
- Write-downs +€7,330
new in 2025: €7,330
- Taxes +€2,570
up €2,570 (+113%), from €2,280 to €4,850
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 | €105,983 | €125,421 | +€19,438 | +18.3% |
| Fixed assets | 21/28 | €12,262 | €10,307 | -€1,955 | -15.9% |
| Tangible fixed assets | 22/27 | €12,262 | €10,307 | -€1,955 | -15.9% |
| Plant, machinery and equipment | 23 | €397 | €197 | -€200 | -50.3% |
| Furniture and vehicles | 24 | €865 | €435 | -€429 | -49.7% |
| Other tangible fixed assets | 26 | €11,000 | €9,675 | -€1,325 | -12.0% |
| Current assets | 29/58 | €93,720 | €115,113 | +€21,393 | +22.8% |
| Amounts receivable within one year | 40/41 | €86,111 | €76,078 | -€10,032 | -11.7% |
| Trade receivables | 40 | €44,076 | €35,928 | -€8,148 | -18.5% |
| Other amounts receivable | 41 | €42,035 | €40,150 | -€1,885 | -4.5% |
| Cash at bank and in hand | 54/58 | €6,314 | €37,142 | +€30,827 | +488% |
| Deferred charges and accrued income | 490/1 | €1,295 | €1,893 | +€598 | +46.2% |
| Total equity and liabilities | 10/49 | €105,983 | €125,421 | +€19,438 | +18.3% |
| Equity | 10/15 | €83,825 | €83,825 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €81,325 | €81,325 | = | 0.0% |
| Distributable reserves | 133 | €81,325 | €81,325 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €22,158 | €41,596 | +€19,438 | +87.7% |
| Amounts payable within one year | 42/48 | €22,158 | €41,596 | +€19,438 | +87.7% |
| Trade debts | 44 | €10,401 | €4,630 | -€5,771 | -55.5% |
| Suppliers | 440/4 | €10,401 | €4,630 | -€5,771 | -55.5% |
| Taxes, remuneration and social security | 45 | €514 | €5,254 | +€4,739 | +921% |
| Taxes | 450/3 | €514 | €5,254 | +€4,739 | +921% |
| Other amounts payable | 47/48 | €11,242 | €31,712 | +€20,470 | +182% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,725 | €1,955 | +€229 | +13.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,330 | +€7,330 | |
| Other operating charges | 640/8 | €807 | €806 | -€0 | 0.0% |
| Gross operating margin | 9900 | €10,019 | €32,834 | +€22,815 | +228% |
| Operating profit (loss) | 9901 | €7,487 | €22,743 | +€15,256 | +204% |
| Financial income | 75/76B | €406 | €400 | -€7 | -1.6% |
| Recurring financial income | 75 | €406 | €400 | -€7 | -1.6% |
| Financial charges | 65/66B | €469 | €486 | +€17 | +3.7% |
| Recurring financial charges | 65 | €469 | €486 | +€17 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €7,424 | €22,656 | +€15,232 | +205% |
| Income taxes | 67/77 | €2,280 | €4,850 | +€2,570 | +113% |
| Profit (loss) for the period | 9904 | €5,145 | €17,807 | +€12,662 | +246% |
| Profit (loss) for the period to be appropriated | 9905 | €5,145 | €17,807 | +€12,662 | +246% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.