SABINCO: 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.
SABINCO
Largest movements
- Receivables within one year +€9.3m
up €9.3m (+463%), from €2.0m to €11.3m
- Current investments +€3.8m
up €3.8m (+19.9%), from €19.3m to €23.2m
- Cash -€2.4m
down €2.4m (-80.5%), from €3.0m to €585,819
mainly Receivables within one year (-€9.3m) and Current investments (-€3.8m)
- Reserves +€12.0m
up €12.0m (+56.4%), from €21.4m to €33.4m
of which Distributable reserves: +€12.0m
- Other debts -€1.9m
down €1.9m (-100%), from €1.9m to €0
- Tax, wage and social debts +€564,302
up €564,302 (+149%), from €378,398 to €942,701
- Financial income +€8.9m
up €8.9m (+192%), from €4.6m to €13.5m
- Taxes +€800,449
up €800,449 (+173%), from €462,628 to €1.3m
- Financial charges +€140,931
up €140,931 (+756%), from €18,636 to €159,567
- Other operating charges +€7,959
up €7,959 (+47.3%), from €16,814 to €24,773
- Gross operating margin +€1,350
up €1,350 (+94.1%), from -€1,435 to -€85
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 | €35,560,826 | €46,244,906 | +€10.7m | +30.0% |
| Fixed assets | 21/28 | €11,225,850 | €11,225,850 | = | 0.0% |
| Financial fixed assets | 28 | €11,225,850 | €11,225,850 | = | 0.0% |
| Current assets | 29/58 | €24,334,976 | €35,019,056 | +€10.7m | +43.9% |
| Amounts receivable within one year | 40/41 | €2,000,000 | €11,257,974 | +€9.3m | +463% |
| Other amounts receivable | 41 | €2,000,000 | €11,257,974 | +€9.3m | +463% |
| Current investments | 50/53 | €19,326,784 | €23,175,263 | +€3.8m | +19.9% |
| Cash at bank and in hand | 54/58 | €3,000,812 | €585,819 | -€2.4m | -80.5% |
| Deferred charges and accrued income | 490/1 | €7,380 | €0 | -€7,380 | -100% |
| Total equity and liabilities | 10/49 | €35,560,826 | €46,244,906 | +€10.7m | +30.0% |
| Equity | 10/15 | €33,253,005 | €45,302,061 | +€12.0m | +36.2% |
| Contributions | 10/11 | €11,225,850 | €11,225,850 | = | 0.0% |
| Reserves | 13 | €21,374,083 | €33,423,140 | +€12.0m | +56.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €21,374,083 | €33,423,140 | +€12.0m | +56.4% |
| Profit (loss) carried forward | 14 | €653,071 | €653,071 | = | 0.0% |
| Amounts payable | 17/49 | €2,307,821 | €942,845 | -€1.4m | -59.1% |
| Amounts payable within one year | 42/48 | €2,307,821 | €942,845 | -€1.4m | -59.1% |
| Trade debts | 44 | €116 | €144 | +€28 | +24.2% |
| Suppliers | 440/4 | €116 | €144 | +€28 | +24.2% |
| Taxes, remuneration and social security | 45 | €378,398 | €942,701 | +€564,302 | +149% |
| Taxes | 450/3 | €378,398 | €942,701 | +€564,302 | +149% |
| Other amounts payable | 47/48 | €1,929,307 | €0 | -€1.9m | -100% |
| Other operating charges | 640/8 | €16,814 | €24,773 | +€7,959 | +47.3% |
| Gross operating margin | 9900 | -€1,435 | -€85 | +€1,350 | +94.1% |
| Operating profit (loss) | 9901 | -€18,249 | -€24,858 | -€6,610 | -36.2% |
| Financial income | 75/76B | €4,616,522 | €13,496,559 | +€8.9m | +192% |
| Recurring financial income | 75 | €4,616,522 | €13,496,559 | +€8.9m | +192% |
| Financial charges | 65/66B | €18,636 | €159,567 | +€140,931 | +756% |
| Recurring financial charges | 65 | €18,636 | €159,567 | +€140,931 | +756% |
| Profit (loss) for the period before taxes | 9903 | €4,579,638 | €13,312,133 | +€8.7m | +191% |
| Income taxes | 67/77 | €462,628 | €1,263,077 | +€800,449 | +173% |
| Profit (loss) for the period | 9904 | €4,117,010 | €12,049,056 | +€7.9m | +193% |
| Profit (loss) for the period to be appropriated | 9905 | €4,117,010 | €12,049,056 | +€7.9m | +193% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.