SABICOR: 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.
SABICOR
Largest movements
- Current investments -€150,000
down €150,000 (-50.0%), from €300,000 to €150,000
- Tangible fixed assets -€138,381
down €138,381 (-12.1%), from €1.1m to €1.0m
of which Land and buildings: -€94,175
- Cash +€74,367
up €74,367 (+71.9%), from €103,435 to €177,802
mainly Current investments (+€150,000) and Depreciation (+€146,483)
- Receivables within one year +€72,588
up €72,588 (+10.3%), from €702,134 to €774,722
of which Other amounts receivable: +€51,659
- Current portion of long-term debt -€190,466
down €190,466 (-51.6%), from €368,859 to €178,393
- Profit (loss) carried forward +€99,420
up €99,420 (+20.1%), from €494,996 to €594,416
- Tax, wage and social debts -€61,282
down €61,282 (-17.8%), from €344,560 to €283,278
of which Remuneration and social security: -€36,445
- Revaluation surpluses -€48,000
down €48,000 (-33.0%), from €145,333 to €97,333
- Reserves +€48,000
up €48,000 (+7.2%), from €666,865 to €714,865
of which Distributable reserves: +€48,000
- Gross operating margin -€148,341
down €148,341 (-6.0%), from €2.5m to €2.3m
- Taxes -€80,529
down €80,529 (-91.2%), from €88,313 to €7,784
- Staff costs +€42,211
up €42,211 (+2.1%), from €2.0m to €2.1m
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.
Cash bridge derived
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 | €2,260,619 | €2,116,711 | -€143,908 | -6.4% |
| Fixed assets | 21/28 | €1,140,086 | €1,001,705 | -€138,381 | -12.1% |
| Tangible fixed assets | 22/27 | €1,139,086 | €1,000,705 | -€138,381 | -12.1% |
| Land and buildings | 22 | €961,929 | €867,754 | -€94,175 | -9.8% |
| Plant, machinery and equipment | 23 | €155,392 | €128,490 | -€26,902 | -17.3% |
| Furniture and vehicles | 24 | €21,765 | €4,461 | -€17,304 | -79.5% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €1,120,533 | €1,115,006 | -€5,527 | -0.5% |
| Amounts receivable within one year | 40/41 | €702,134 | €774,722 | +€72,588 | +10.3% |
| Trade receivables | 40 | €311,624 | €332,553 | +€20,929 | +6.7% |
| Other amounts receivable | 41 | €390,510 | €442,169 | +€51,659 | +13.2% |
| Current investments | 50/53 | €300,000 | €150,000 | -€150,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €103,435 | €177,802 | +€74,367 | +71.9% |
| Deferred charges and accrued income | 490/1 | €14,964 | €12,482 | -€2,482 | -16.6% |
| Total equity and liabilities | 10/49 | €2,260,619 | €2,116,711 | -€143,908 | -6.4% |
| Equity | 10/15 | €1,369,168 | €1,468,588 | +€99,420 | +7.3% |
| Contributions | 10/11 | €61,974 | €61,974 | = | 0.0% |
| Capital | 10 | €61,974 | €61,974 | = | 0.0% |
| Issued capital | 100 | €61,974 | €61,974 | = | 0.0% |
| Revaluation surpluses | 12 | €145,333 | €97,333 | -€48,000 | -33.0% |
| Reserves | 13 | €666,865 | €714,865 | +€48,000 | +7.2% |
| Non-distributable reserves | 130/1 | €6,198 | €6,198 | = | 0.0% |
| Legal reserve | 130 | €6,198 | €6,198 | = | 0.0% |
| Distributable reserves | 133 | €660,667 | €708,667 | +€48,000 | +7.3% |
| Profit (loss) carried forward | 14 | €494,996 | €594,416 | +€99,420 | +20.1% |
| Amounts payable | 17/49 | €891,451 | €648,123 | -€243,328 | -27.3% |
| Amounts payable after more than one year | 17 | €104,889 | €63,733 | -€41,156 | -39.2% |
| Financial debts | 170/4 | €104,889 | €63,733 | -€41,156 | -39.2% |
| Amounts payable within one year | 42/48 | €786,562 | €584,390 | -€202,172 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €368,859 | €178,393 | -€190,466 | -51.6% |
| Trade debts | 44 | €49,004 | €90,443 | +€41,439 | +84.6% |
| Suppliers | 440/4 | €49,004 | €90,443 | +€41,439 | +84.6% |
| Taxes, remuneration and social security | 45 | €344,560 | €283,278 | -€61,282 | -17.8% |
| Taxes | 450/3 | €43,675 | €18,838 | -€24,837 | -56.9% |
| Remuneration and social security | 454/9 | €300,885 | €264,440 | -€36,445 | -12.1% |
| Other amounts payable | 47/48 | €24,139 | €32,276 | +€8,137 | +33.7% |
| Remuneration, social security and pensions | 62 | €2,020,187 | €2,062,398 | +€42,211 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166,480 | €146,483 | -€19,997 | -12.0% |
| Other operating charges | 640/8 | €17,169 | €14,295 | -€2,874 | -16.7% |
| Gross operating margin | 9900 | €2,482,673 | €2,334,332 | -€148,341 | -6.0% |
| Operating profit (loss) | 9901 | €278,837 | €111,156 | -€167,681 | -60.1% |
| Financial income | 75/76B | €9,410 | €10,074 | +€664 | +7.1% |
| Recurring financial income | 75 | €9,410 | €10,074 | +€664 | +7.1% |
| Financial charges | 65/66B | €16,751 | €14,026 | -€2,725 | -16.3% |
| Recurring financial charges | 65 | €16,751 | €14,026 | -€2,725 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €271,496 | €107,204 | -€164,292 | -60.5% |
| Income taxes | 67/77 | €88,313 | €7,784 | -€80,529 | -91.2% |
| Profit (loss) for the period | 9904 | €183,183 | €99,420 | -€83,763 | -45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €183,183 | €99,420 | -€83,763 | -45.7% |
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 11 October 2026 via checked.be.