SABEMA: 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.
SABEMA
Largest movements
- Financial fixed assets -€47,442
no longer reported in 2024 (was €47,442)
- Tangible fixed assets -€33,675
down €33,675 (-3.6%), from €926,273 to €892,597
of which Land and buildings: -€25,347
- Receivables within one year -€32,634
down €32,634 (-28.3%), from €115,167 to €82,533
of which Trade receivables: -€25,040
- Deferred charges and accrued income +€30,967
up €30,967 (+814.0%), from €3,804 to €34,771
- Current investments +€14,340
up €14,340 (+5.2%), from €277,593 to €291,933
- Reserves -€35,340
down €35,340 (-3.0%), from €1.2m to €1.2m
of which Distributable reserves: -€35,340
- Debts after one year -€14,574
down €14,574 (-8.4%), from €174,417 to €159,843
- Gross operating margin -€23,758
down €23,758 (-84.0%), from €28,291 to €4,533
- Depreciation +€8,298
up €8,298 (+20.6%), from €40,205 to €48,503
- Taxes -€7,321
down €7,321 (-88.1%), from €8,313 to €992
- Other operating charges -€5,687
down €5,687 (-65.0%), from €8,749 to €3,062
- Financial income -€2,888
down €2,888 (-12.8%), from €22,521 to €19,633
of which Non-recurring financial income: -€5,123
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,387,254 | €1,326,540 | -€60,713 | -4.4% |
| Fixed assets | 21/28 | €973,715 | €892,597 | -€81,118 | -8.3% |
| Tangible fixed assets | 22/27 | €926,273 | €892,597 | -€33,675 | -3.6% |
| Land and buildings | 22 | €857,267 | €831,920 | -€25,347 | -3.0% |
| Furniture and vehicles | 24 | €69,006 | €60,677 | -€8,329 | -12.1% |
| Financial fixed assets | 28 | €47,442 | - | -€47,442 | |
| Current assets | 29/58 | €413,538 | €433,943 | +€20,405 | +4.9% |
| Amounts receivable within one year | 40/41 | €115,167 | €82,533 | -€32,634 | -28.3% |
| Trade receivables | 40 | €25,615 | €575 | -€25,040 | -97.8% |
| Other amounts receivable | 41 | €89,552 | €81,958 | -€7,594 | -8.5% |
| Current investments | 50/53 | €277,593 | €291,933 | +€14,340 | +5.2% |
| Cash at bank and in hand | 54/58 | €16,974 | €24,707 | +€7,732 | +45.6% |
| Deferred charges and accrued income | 490/1 | €3,804 | €34,771 | +€30,967 | +814.0% |
| Total equity and liabilities | 10/49 | €1,387,254 | €1,326,540 | -€60,713 | -4.4% |
| Equity | 10/15 | €1,187,038 | €1,151,698 | -€35,340 | -3.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,196,393 | €1,161,053 | -€35,340 | -3.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,194,534 | €1,159,194 | -€35,340 | -3.0% |
| Profit (loss) carried forward | 14 | -€15,552 | -€15,552 | = | 0.0% |
| Amounts payable | 17/49 | €200,215 | €174,842 | -€25,373 | -12.7% |
| Amounts payable after more than one year | 17 | €174,417 | €159,843 | -€14,574 | -8.4% |
| Financial debts | 170/4 | €174,417 | €159,843 | -€14,574 | -8.4% |
| Amounts payable within one year | 42/48 | €25,798 | €15,000 | -€10,798 | -41.9% |
| Current portion of amounts payable after more than one year | 42 | €14,353 | €14,574 | +€221 | +1.5% |
| Taxes, remuneration and social security | 45 | €11,445 | €425 | -€11,020 | -96.3% |
| Taxes | 450/3 | €11,445 | €425 | -€11,020 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,205 | €48,503 | +€8,298 | +20.6% |
| Other operating charges | 640/8 | €8,749 | €3,062 | -€5,687 | -65.0% |
| Non-recurring operating charges | 66A | - | €3,804 | +€3,804 | |
| Gross operating margin | 9900 | €28,291 | €4,533 | -€23,758 | -84.0% |
| Operating profit (loss) | 9901 | -€20,663 | -€50,836 | -€30,173 | -146.0% |
| Financial income | 75/76B | €22,521 | €19,633 | -€2,888 | -12.8% |
| Recurring financial income | 75 | €17,398 | €19,633 | +€2,235 | +12.8% |
| Non-recurring financial income | 76B | €5,123 | - | -€5,123 | |
| Financial charges | 65/66B | €2,993 | €3,145 | +€152 | +5.1% |
| Recurring financial charges | 65 | €2,993 | €3,145 | +€152 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,135 | -€34,348 | -€33,214 | -2927.1% |
| Income taxes | 67/77 | €8,313 | €992 | -€7,321 | -88.1% |
| Profit (loss) for the period | 9904 | -€9,448 | -€35,340 | -€25,893 | -274.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,448 | -€35,340 | -€25,893 | -274.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.