Sabena Building: 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.
Sabena Building
Largest movements
- Current investments -€229,627
no longer reported in 2025 (was €229,627)
- Cash +€138,555
up €138,555 (+199%), from €69,620 to €208,174
mainly Current investments (+€229,627) and Receivables within one year (+€12,004)
- Receivables within one year -€12,004
down €12,004 (-60.2%), from €19,948 to €7,944
- Profit (loss) carried forward -€93,959
down €93,959 (-68.7%), from €136,826 to €42,867
- Trade debts -€6,050
no longer reported in 2025 (was €6,050)
- Gross operating margin +€94,931
up €94,931 (+84.7%), from -€112,144 to -€17,213
- Other operating charges +€63,636
up €63,636 (+2,028%), from €3,138 to €66,775
- Financial charges +€15,293
up €15,293 (+1,840%), from €831 to €16,124
- Financial income -€14,244
down €14,244 (-69.8%), from €20,396 to €6,153
- Depreciation -€12,899
no longer reported in 2025 (was €12,899)
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 | €319,195 | €216,188 | -€103,007 | -32.3% |
| Current assets | 29/58 | €319,195 | €216,188 | -€103,007 | -32.3% |
| Amounts receivable within one year | 40/41 | €19,948 | €7,944 | -€12,004 | -60.2% |
| Other amounts receivable | 41 | €19,948 | €7,944 | -€12,004 | -60.2% |
| Current investments | 50/53 | €229,627 | - | -€229,627 | |
| Cash at bank and in hand | 54/58 | €69,620 | €208,174 | +€138,555 | +199% |
| Deferred charges and accrued income | 490/1 | - | €70 | +€70 | |
| Total equity and liabilities | 10/49 | €319,195 | €216,188 | -€103,007 | -32.3% |
| Equity | 10/15 | €310,147 | €216,188 | -€93,959 | -30.3% |
| Contributions | 10/11 | €157,565 | €157,565 | = | 0.0% |
| Capital | 10 | €157,565 | €157,565 | = | 0.0% |
| Issued capital | 100 | €157,565 | €157,565 | = | 0.0% |
| Reserves | 13 | €15,756 | €15,756 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,756 | €15,756 | = | 0.0% |
| Legal reserve | 130 | €15,756 | €15,756 | = | 0.0% |
| Profit (loss) carried forward | 14 | €136,826 | €42,867 | -€93,959 | -68.7% |
| Amounts payable | 17/49 | €9,048 | - | -€9,048 | |
| Amounts payable within one year | 42/48 | €9,048 | - | -€9,048 | |
| Trade debts | 44 | €6,050 | - | -€6,050 | |
| Suppliers | 440/4 | €6,050 | - | -€6,050 | |
| Other amounts payable | 47/48 | €2,998 | - | -€2,998 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,899 | - | -€12,899 | |
| Other operating charges | 640/8 | €3,138 | €66,775 | +€63,636 | +2,028% |
| Gross operating margin | 9900 | -€112,144 | -€17,213 | +€94,931 | +84.7% |
| Operating profit (loss) | 9901 | -€128,181 | -€83,987 | +€44,194 | +34.5% |
| Financial income | 75/76B | €20,396 | €6,153 | -€14,244 | -69.8% |
| Recurring financial income | 75 | €20,396 | €6,153 | -€14,244 | -69.8% |
| Financial charges | 65/66B | €831 | €16,124 | +€15,293 | +1,840% |
| Recurring financial charges | 65 | €831 | €16,124 | +€15,293 | +1,840% |
| Profit (loss) for the period before taxes | 9903 | -€108,616 | -€93,959 | +€14,657 | +13.5% |
| Profit (loss) for the period | 9904 | -€108,616 | -€93,959 | +€14,657 | +13.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€108,616 | -€93,959 | +€14,657 | +13.5% |
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 25 October 2026 via checked.be.