SABIC BELGIUM: 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.
What changed
SABIC BELGIUM
NACE 46.851, Wholesale of industrial chemicals
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €1.5m+€86,356
Equity
€64.2m
2024 · €62.7m+€1.5m
Cash
-
not filed
Balance sheet total
€70.8m
2024 · €69.8m+€1.1m
Largest movements
Assets
- Receivables within one year +€4.0m
up €4.0m (+55.3%), from €7.1m to €11.1m
of which Other amounts receivable: +€4.5m
- Tangible fixed assets -€2.8m
down €2.8m (-4.5%), from €61.9m to €59.2m
of which Plant, machinery and equipment: -€3.9m
Equity and liabilities
- Profit (loss) carried forward +€1.5m
up €1.5m (+10.4%), from €14.9m to €16.5m
Income statement
- Turnover +€1.1m
up €1.1m (+4.0%), from €27.0m to €28.1m
- Services and other goods +€710,831
up €710,831 (+6.2%), from €11.4m to €12.1m
- Other operating income -€619,606
down €619,606 (-16.1%), from €3.8m to €3.2m
- Provisions -€581,510
down €581,510, from €283,981 to -€297,529
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.
Result 2024
€1.5m
Turnover
+€1.1m
Other operating income
-€619,606
Goods and materials
-€58,167
Services and other goods
-€710,831
Staff costs
-€263,703
Depreciation
-€55,187
Provisions
+€581,510
Other operating charges
-€18,766
Financial income
+€56,554
Financial charges
+€148,234
Taxes
-€56,176
Result 2025
€1.5m
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,777,712 | €70,846,466 | +€1.1m | +1.5% |
| Fixed assets | 21/28 | €61,926,649 | €59,160,741 | -€2.8m | -4.5% |
| Tangible fixed assets | 22/27 | €61,926,649 | €59,160,741 | -€2.8m | -4.5% |
| Land and buildings | 22 | €5,908,613 | €5,180,062 | -€728,551 | -12.3% |
| Plant, machinery and equipment | 23 | €54,556,088 | €50,612,730 | -€3.9m | -7.2% |
| Furniture and vehicles | 24 | €99,596 | €65,449 | -€34,147 | -34.3% |
| Leasing and similar rights | 25 | €361,093 | €607,062 | +€245,969 | +68.1% |
| Assets under construction and advance payments | 27 | €1,001,259 | €2,695,437 | +€1.7m | +169% |
| Current assets | 29/58 | €7,851,064 | €11,685,726 | +€3.8m | +48.8% |
| Stocks and contracts in progress | 3 | €607,490 | €502,304 | -€105,187 | -17.3% |
| Stocks | 30/36 | €607,490 | €502,304 | -€105,187 | -17.3% |
| Raw materials and consumables | 30/31 | €607,490 | €502,304 | -€105,187 | -17.3% |
| Amounts receivable within one year | 40/41 | €7,142,626 | €11,095,155 | +€4.0m | +55.3% |
| Trade receivables | 40 | €5,836,850 | €5,250,248 | -€586,601 | -10.0% |
| Other amounts receivable | 41 | €1,305,777 | €5,844,907 | +€4.5m | +348% |
| Deferred charges and accrued income | 490/1 | €100,947 | €88,267 | -€12,680 | -12.6% |
| Total equity and liabilities | 10/49 | €69,777,712 | €70,846,466 | +€1.1m | +1.5% |
| Equity | 10/15 | €62,661,573 | €64,154,858 | +€1.5m | +2.4% |
| Contributions | 10/11 | €43,000,000 | €43,000,000 | = | 0.0% |
| Capital | 10 | €43,000,000 | €43,000,000 | = | 0.0% |
| Issued capital | 100 | €43,000,000 | €43,000,000 | = | 0.0% |
| Reserves | 13 | €4,344,751 | €4,344,751 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,310,618 | €4,310,618 | = | 0.0% |
| Legal reserve | 130 | €4,300,000 | €4,300,000 | = | 0.0% |
| Other | 1319 | €10,618 | €10,618 | = | 0.0% |
| Tax-exempt reserves | 132 | €34,133 | €34,133 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,934,364 | €16,481,993 | +€1.5m | +10.4% |
| Investment grants | 15 | €382,458 | €328,114 | -€54,343 | -14.2% |
| Provisions and deferred taxes | 16 | €2,272,774 | €1,957,130 | -€315,644 | -13.9% |
| Provisions for liabilities and charges | 160/5 | €2,145,288 | €1,847,758 | -€297,530 | -13.9% |
| Pensions and similar obligations | 160 | €2,145,287 | €1,847,758 | -€297,529 | -13.9% |
| Taxes | 161 | €1 | - | -€1 | |
| Deferred taxes | 168 | €127,486 | €109,371 | -€18,114 | -14.2% |
| Amounts payable | 17/49 | €4,843,366 | €4,734,479 | -€108,887 | -2.2% |
| Amounts payable after more than one year | 17 | €0 | €238,694 | +€238,694 | |
| Financial debts | 170/4 | €0 | €238,694 | +€238,694 | |
| Leasing and similar obligations | 172 | €0 | €238,694 | +€238,694 | |
| Amounts payable within one year | 42/48 | €4,843,366 | €4,495,785 | -€347,581 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €4,685 | €81,265 | +€76,580 | +1,635% |
| Trade debts | 44 | €2,811,275 | €3,092,462 | +€281,187 | +10.0% |
| Suppliers | 440/4 | €2,811,275 | €3,092,462 | +€281,187 | +10.0% |
| Taxes, remuneration and social security | 45 | €2,027,406 | €1,322,058 | -€705,348 | -34.8% |
| Remuneration and social security | 454/9 | €2,027,406 | €1,322,058 | -€705,348 | -34.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Operating income | 70/76A | €30,838,235 | €31,301,123 | +€462,888 | +1.5% |
| Turnover | 70 | €26,989,390 | €28,071,884 | +€1.1m | +4.0% |
| Other operating income | 74 | €3,848,845 | €3,229,240 | -€619,606 | -16.1% |
| Operating charges | 60/66A | €28,710,956 | €29,236,100 | +€525,144 | +1.8% |
| Goods for resale, raw materials and consumables | 60 | €519,017 | €577,184 | +€58,167 | +11.2% |
| Purchases | 600/8 | €596,935 | €471,997 | -€124,938 | -20.9% |
| Change in stocks: decrease (increase) | 609 | -€77,918 | €105,187 | +€183,105 | |
| Services and other goods | 61 | €11,384,646 | €12,095,477 | +€710,831 | +6.2% |
| Remuneration, social security and pensions | 62 | €11,282,843 | €11,546,546 | +€263,703 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,132,228 | €5,187,414 | +€55,187 | +1.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €283,981 | -€297,529 | -€581,510 | |
| Other operating charges | 640/8 | €108,241 | €127,007 | +€18,766 | +17.3% |
| Operating profit (loss) | 9901 | €2,127,279 | €2,065,024 | -€62,255 | -2.9% |
| Financial income | 75/76B | €56,041 | €112,595 | +€56,554 | +101% |
| Recurring financial income | 75 | €56,041 | €112,595 | +€56,554 | +101% |
| Other financial income | 752/9 | €56,041 | €112,595 | +€56,554 | +101% |
| Financial charges | 65/66B | €212,290 | €64,056 | -€148,234 | -69.8% |
| Recurring financial charges | 65 | €212,290 | €64,056 | -€148,234 | -69.8% |
| Debt charges | 650 | €47,297 | €45,178 | -€2,120 | -4.5% |
| Other financial charges | 652/9 | €164,992 | €18,878 | -€146,114 | -88.6% |
| Profit (loss) for the period before taxes | 9903 | €1,971,031 | €2,113,563 | +€142,532 | +7.2% |
| Transfer from deferred taxes | 780 | €18,114 | €18,114 | +€0 | 0.0% |
| Income taxes | 67/77 | €527,873 | €584,049 | +€56,176 | +10.6% |
| Taxes | 670/3 | €527,873 | €584,049 | +€56,176 | +10.6% |
| Profit (loss) for the period | 9904 | €1,461,272 | €1,547,628 | +€86,356 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,461,272 | €1,547,628 | +€86,356 | +5.9% |
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 15 October 2026 via checked.be.