SABELEC: 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.
SABELEC
Largest movements
- Receivables within one year -€8,886
down €8,886 (-96.1%), from €9,251 to €365
of which Trade receivables: -€7,411
- Cash +€4,156
up €4,156 (+161%), from €2,584 to €6,740
mainly Receivables within one year (+€8,886) and Net result for the year (+€4,986)
- Other debts -€9,872
down €9,872 (-32.0%), from €30,810 to €20,938
- Profit (loss) carried forward +€4,986
up €4,986 (+12.6%), from -€39,500 to -€34,514
- Trade debts +€156
up €156 (+240%), from €65 to €221
- Gross operating margin +€13,761
up €13,761, from -€5,524 to €8,237
- Write-downs -€12,097
down €12,097 (-88.9%), from €13,607 to €1,510
- Financial charges +€887
up €887 (+126%), from €706 to €1,593
of which Non-recurring financial charges: +€1,502
- Other operating charges +€87
up €87 (+140%), from €62 to €149
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 | €11,835 | €7,105 | -€4,730 | -40.0% |
| Current assets | 29/58 | €11,835 | €7,105 | -€4,730 | -40.0% |
| Amounts receivable within one year | 40/41 | €9,251 | €365 | -€8,886 | -96.1% |
| Trade receivables | 40 | €7,411 | - | -€7,411 | |
| Other amounts receivable | 41 | €1,840 | €365 | -€1,475 | -80.2% |
| Cash at bank and in hand | 54/58 | €2,584 | €6,740 | +€4,156 | +161% |
| Total equity and liabilities | 10/49 | €11,835 | €7,105 | -€4,730 | -40.0% |
| Equity | 10/15 | -€19,040 | -€14,054 | +€4,986 | +26.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,500 | -€34,514 | +€4,986 | +12.6% |
| Amounts payable | 17/49 | €30,875 | €21,159 | -€9,716 | -31.5% |
| Amounts payable within one year | 42/48 | €30,875 | €21,159 | -€9,716 | -31.5% |
| Trade debts | 44 | €65 | €221 | +€156 | +240% |
| Suppliers | 440/4 | €65 | €221 | +€156 | +240% |
| Other amounts payable | 47/48 | €30,810 | €20,938 | -€9,872 | -32.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,607 | €1,510 | -€12,097 | -88.9% |
| Other operating charges | 640/8 | €62 | €149 | +€87 | +140% |
| Gross operating margin | 9900 | -€5,524 | €8,237 | +€13,761 | |
| Operating profit (loss) | 9901 | -€19,193 | €6,579 | +€25,772 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €706 | €1,593 | +€887 | +126% |
| Recurring financial charges | 65 | €706 | €90 | -€616 | -87.2% |
| Non-recurring financial charges | 66B | - | €1,502 | +€1,502 | |
| Profit (loss) for the period before taxes | 9903 | -€19,898 | €4,986 | +€24,884 | |
| Profit (loss) for the period | 9904 | -€19,898 | €4,986 | +€24,884 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,898 | €4,986 | +€24,884 |
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 17 October 2026 via checked.be.