SABLIERE DE MOHA: 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.
SABLIERE DE MOHA
Largest movements
- Tangible fixed assets -€40,572
down €40,572 (-31.3%), from €129,780 to €89,208
of which Plant, machinery and equipment: -€54,140
- Cash -€21,202
down €21,202 (-44.9%), from €47,214 to €26,012
mainly Trade debts (-€79,570) and Debts after one year (-€36,313)
- Receivables within one year -€21,031
down €21,031 (-9.0%), from €233,925 to €212,894
of which Trade receivables: -€17,595
- Stocks and contracts -€20,281
down €20,281 (-54.2%), from €37,438 to €17,157
- Trade debts -€79,570
down €79,570 (-36.2%), from €219,599 to €140,029
- Debts after one year -€36,313
down €36,313 (-45.9%), from €79,067 to €42,754
- Profit (loss) carried forward +€11,573
up €11,573 (+15.5%), from €74,649 to €86,222
- Current portion of long-term debt -€7,871
down €7,871 (-13.6%), from €58,082 to €50,212
- Tax, wage and social debts +€6,910
up €6,910 (+59.6%), from €11,590 to €18,499
of which Taxes: +€10,463
- Gross operating margin -€48,968
down €48,968 (-26.7%), from €183,385 to €134,416
- Staff costs -€31,634
down €31,634 (-38.6%), from €82,023 to €50,388
- Depreciation -€19,846
down €19,846 (-24.9%), from €79,668 to €59,822
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 | €453,656 | €348,385 | -€105,271 | -23.2% |
| Fixed assets | 21/28 | €130,709 | €90,137 | -€40,572 | -31.0% |
| Tangible fixed assets | 22/27 | €129,780 | €89,208 | -€40,572 | -31.3% |
| Plant, machinery and equipment | 23 | €127,449 | €73,309 | -€54,140 | -42.5% |
| Furniture and vehicles | 24 | €2,331 | - | -€2,331 | |
| Leasing and similar rights | 25 | - | €15,899 | +€15,899 | |
| Financial fixed assets | 28 | €929 | €929 | = | 0.0% |
| Current assets | 29/58 | €322,947 | €258,248 | -€64,699 | -20.0% |
| Stocks and contracts in progress | 3 | €37,438 | €17,157 | -€20,281 | -54.2% |
| Stocks | 30/36 | €37,438 | €17,157 | -€20,281 | -54.2% |
| Amounts receivable within one year | 40/41 | €233,925 | €212,894 | -€21,031 | -9.0% |
| Trade receivables | 40 | €225,865 | €208,270 | -€17,595 | -7.8% |
| Other amounts receivable | 41 | €8,059 | €4,624 | -€3,436 | -42.6% |
| Cash at bank and in hand | 54/58 | €47,214 | €26,012 | -€21,202 | -44.9% |
| Deferred charges and accrued income | 490/1 | €4,371 | €2,186 | -€2,186 | -50.0% |
| Total equity and liabilities | 10/49 | €453,656 | €348,385 | -€105,271 | -23.2% |
| Equity | 10/15 | €84,649 | €96,222 | +€11,573 | +13.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,649 | €86,222 | +€11,573 | +15.5% |
| Amounts payable | 17/49 | €369,007 | €252,163 | -€116,844 | -31.7% |
| Amounts payable after more than one year | 17 | €79,067 | €42,754 | -€36,313 | -45.9% |
| Financial debts | 170/4 | €79,067 | €42,754 | -€36,313 | -45.9% |
| Amounts payable within one year | 42/48 | €289,940 | €209,409 | -€80,531 | -27.8% |
| Current portion of amounts payable after more than one year | 42 | €58,082 | €50,212 | -€7,871 | -13.6% |
| Trade debts | 44 | €219,599 | €140,029 | -€79,570 | -36.2% |
| Suppliers | 440/4 | €219,599 | €140,029 | -€79,570 | -36.2% |
| Taxes, remuneration and social security | 45 | €11,590 | €18,499 | +€6,910 | +59.6% |
| Taxes | 450/3 | €3,443 | €13,906 | +€10,463 | +304% |
| Remuneration and social security | 454/9 | €8,147 | €4,593 | -€3,553 | -43.6% |
| Other amounts payable | 47/48 | €669 | €669 | = | 0.0% |
| Non-recurring operating income | 76A | €683 | - | -€683 | |
| Remuneration, social security and pensions | 62 | €82,023 | €50,388 | -€31,634 | -38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,668 | €59,822 | -€19,846 | -24.9% |
| Other operating charges | 640/8 | €3,207 | €2,816 | -€391 | -12.2% |
| Gross operating margin | 9900 | €183,385 | €134,416 | -€48,968 | -26.7% |
| Operating profit (loss) | 9901 | €18,487 | €21,390 | +€2,902 | +15.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €7,113 | €5,349 | -€1,763 | -24.8% |
| Recurring financial charges | 65 | €7,113 | €5,349 | -€1,763 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €11,374 | €16,040 | +€4,666 | +41.0% |
| Income taxes | 67/77 | €3,443 | €4,467 | +€1,024 | +29.7% |
| Profit (loss) for the period | 9904 | €7,932 | €11,573 | +€3,641 | +45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,932 | €11,573 | +€3,641 | +45.9% |
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 20 October 2026 via checked.be.