SABIS: 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.
What changed
SABIS
NACE 68.321, Property management for co-owned buildings (syndics)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€84,387
2024 · €264,801-€180,414
Equity
€130,749
2024 · €46,361+€84,387
Cash
€46,690
2024 · €46,581+€109
Balance sheet total
€2.7m
2024 · €3.0m-€233,969
Largest movements
Assets
- Tangible fixed assets -€194,828
down €194,828 (-8.1%), from €2.4m to €2.2m
of which Land and buildings: -€125,574
- Receivables within one year -€40,542
down €40,542 (-8.0%), from €507,376 to €466,833
of which Trade receivables: -€27,900
Equity and liabilities
- Debts after one year -€337,120
down €337,120 (-21.2%), from €1.6m to €1.3m
- Trade debts +€263,489
up €263,489 (+2903.6%), from €9,074 to €272,563
- Other debts -€246,381
down €246,381 (-22.2%), from €1.1m to €861,846
- Profit (loss) carried forward +€58,292
up €58,292, from -€12,087 to €46,205
Income statement
- Gross operating margin -€329,593
down €329,593 (-45.8%), from €720,116 to €390,523
- Depreciation -€119,250
down €119,250 (-39.0%), from €305,760 to €186,510
- Other operating charges -€76,466
down €76,466 (-72.5%), from €105,534 to €29,068
- Write-downs +€18,400
up €18,400, from €0 to €18,400
- Taxes +€11,535
up €11,535, from -€325 to €11,210
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
€264,801
Gross operating margin
-€329,593
Depreciation
+€119,250
Write-downs
-€18,400
Other operating charges
+€76,466
Financial income
+€103
Financial charges
-€2,883
Taxes
-€11,535
Deferred taxes and other
-€13,823
Result 2025
€84,387
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.
From operations
+€347,163
Investment
+€8,318
Financing
-€355,372
Cash 2024
€46,581
From operations (derived)
+€347,163
Net result for the year
+€84,387
Depreciation
+€186,510
Receivables within one year
+€40,542
Deferred charges and accrued income
-€1,292
Provisions
+€8,698
Trade debts
+€263,489
Tax, wage and social debts
+€11,210
Other debts
-€246,381
Investment (derived)
+€8,318
Investment in fixed assets (net)
+€8,318
Financing
-€355,372
Debts after one year
-€337,120
Current portion of long-term debt
-€18,251
Cash 2025
€46,690
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,973,647 | €2,739,679 | -€233,969 | -7.9% |
| Fixed assets | 21/28 | €2,417,110 | €2,222,282 | -€194,828 | -8.1% |
| Tangible fixed assets | 22/27 | €2,417,110 | €2,222,282 | -€194,828 | -8.1% |
| Land and buildings | 22 | €2,170,183 | €2,044,609 | -€125,574 | -5.8% |
| Plant, machinery and equipment | 23 | €215,982 | €144,777 | -€71,204 | -33.0% |
| Furniture and vehicles | 24 | €30,945 | €32,895 | +€1,950 | +6.3% |
| Current assets | 29/58 | €556,538 | €517,397 | -€39,141 | -7.0% |
| Amounts receivable within one year | 40/41 | €507,376 | €466,833 | -€40,542 | -8.0% |
| Trade receivables | 40 | €32,051 | €4,152 | -€27,900 | -87.0% |
| Other amounts receivable | 41 | €475,324 | €462,681 | -€12,643 | -2.7% |
| Cash at bank and in hand | 54/58 | €46,581 | €46,690 | +€109 | +0.2% |
| Deferred charges and accrued income | 490/1 | €2,581 | €3,874 | +€1,292 | +50.1% |
| Total equity and liabilities | 10/49 | €2,973,647 | €2,739,679 | -€233,969 | -7.9% |
| Equity | 10/15 | €46,361 | €130,749 | +€84,387 | +182.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €38,448 | €64,543 | +€26,095 | +67.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,723 | €45,818 | +€26,095 | +132.3% |
| Distributable reserves | 133 | €16,725 | €16,725 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,087 | €46,205 | +€58,292 | |
| Provisions and deferred taxes | 16 | €6,574 | €15,273 | +€8,698 | +132.3% |
| Deferred taxes | 168 | €6,574 | €15,273 | +€8,698 | +132.3% |
| Amounts payable | 17/49 | €2,920,712 | €2,593,658 | -€327,054 | -11.2% |
| Amounts payable after more than one year | 17 | €1,592,484 | €1,255,364 | -€337,120 | -21.2% |
| Financial debts | 170/4 | €1,592,484 | €1,255,364 | -€337,120 | -21.2% |
| Amounts payable within one year | 42/48 | €1,328,227 | €1,338,294 | +€10,066 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €210,735 | €192,484 | -€18,251 | -8.7% |
| Trade debts | 44 | €9,074 | €272,563 | +€263,489 | +2903.6% |
| Suppliers | 440/4 | €9,074 | €272,563 | +€263,489 | +2903.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €191 | €11,401 | +€11,210 | +5864.1% |
| Taxes | 450/3 | €191 | €11,401 | +€11,210 | +5864.1% |
| Other amounts payable | 47/48 | €1,108,227 | €861,846 | -€246,381 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €305,760 | €186,510 | -€119,250 | -39.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €18,400 | +€18,400 | |
| Other operating charges | 640/8 | €105,534 | €29,068 | -€76,466 | -72.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €720,116 | €390,523 | -€329,593 | -45.8% |
| Operating profit (loss) | 9901 | €308,822 | €156,544 | -€152,277 | -49.3% |
| Financial income | 75/76B | €27 | €130 | +€103 | +386.1% |
| Recurring financial income | 75 | €27 | €130 | +€103 | +386.1% |
| Financial charges | 65/66B | €49,497 | €52,379 | +€2,883 | +5.8% |
| Recurring financial charges | 65 | €49,497 | €52,379 | +€2,883 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €259,352 | €104,295 | -€155,056 | -59.8% |
| Transfer from deferred taxes | 780 | €5,125 | €5,125 | = | 0.0% |
| Transfer to deferred taxes | 680 | - | €13,823 | +€13,823 | |
| Income taxes | 67/77 | -€325 | €11,210 | +€11,535 | |
| Profit (loss) for the period | 9904 | €264,801 | €84,387 | -€180,414 | -68.1% |
| Transfer from tax-exempt reserves | 789 | €15,374 | €15,374 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | - | €41,469 | +€41,469 | |
| Profit (loss) for the period to be appropriated | 9905 | €280,175 | €58,292 | -€221,883 | -79.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.