SABLIERE DUPUIS: 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 DUPUIS
Largest movements
- Receivables within one year +€30,216
up €30,216 (+25.7%), from €117,749 to €147,965
of which Trade receivables: +€28,579
- Cash +€25,360
up €25,360 (+54.6%), from €46,489 to €71,849
mainly Net result for the year (+€189,823) and Trade debts (+€47,374)
- Deferred charges and accrued income -€23,145
down €23,145 (-99.8%), from €23,186 to €42
- Tangible fixed assets +€17,175
up €17,175 (+8.3%), from €206,686 to €223,861
of which Plant, machinery and equipment: +€18,028
- Stocks and contracts -€5,017
down €5,017 (-21.0%), from €23,853 to €18,836
- Debts after one year -€193,325
no longer reported in 2025 (was €193,325)
- Profit (loss) carried forward +€189,823
up €189,823 (+48.0%), from -€395,197 to -€205,374
- Trade debts +€47,374
up €47,374 (+244%), from €19,390 to €66,764
- Gross operating margin +€52,494
up €52,494 (+18.2%), from €288,686 to €341,179
- Staff costs -€18,385
down €18,385 (-12.6%), from €145,364 to €126,979
- Financial charges -€3,776
down €3,776 (-85.4%), from €4,421 to €645
- Depreciation +€3,723
up €3,723 (+31.4%), from €11,839 to €15,562
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 | €418,233 | €462,823 | +€44,590 | +10.7% |
| Fixed assets | 21/28 | €206,956 | €224,131 | +€17,175 | +8.3% |
| Tangible fixed assets | 22/27 | €206,686 | €223,861 | +€17,175 | +8.3% |
| Land and buildings | 22 | €181,864 | €181,864 | = | 0.0% |
| Plant, machinery and equipment | 23 | €23,841 | €41,869 | +€18,028 | +75.6% |
| Furniture and vehicles | 24 | €981 | €128 | -€852 | -86.9% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €211,277 | €238,692 | +€27,414 | +13.0% |
| Stocks and contracts in progress | 3 | €23,853 | €18,836 | -€5,017 | -21.0% |
| Stocks | 30/36 | €23,853 | €18,836 | -€5,017 | -21.0% |
| Amounts receivable within one year | 40/41 | €117,749 | €147,965 | +€30,216 | +25.7% |
| Trade receivables | 40 | €117,749 | €146,327 | +€28,579 | +24.3% |
| Other amounts receivable | 41 | - | €1,638 | +€1,638 | |
| Cash at bank and in hand | 54/58 | €46,489 | €71,849 | +€25,360 | +54.6% |
| Deferred charges and accrued income | 490/1 | €23,186 | €42 | -€23,145 | -99.8% |
| Total equity and liabilities | 10/49 | €418,233 | €462,823 | +€44,590 | +10.7% |
| Equity | 10/15 | €205,065 | €394,887 | +€189,823 | +92.6% |
| Contributions | 10/11 | €370,000 | €370,000 | = | 0.0% |
| Capital | 10 | €370,000 | €370,000 | = | 0.0% |
| Issued capital | 100 | €370,000 | €370,000 | = | 0.0% |
| Reserves | 13 | €207,762 | €207,762 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,000 | - | -€7,000 | |
| Legal reserve | 130 | €7,000 | - | -€7,000 | |
| Tax-exempt reserves | 132 | €200,762 | €207,762 | +€7,000 | +3.5% |
| Profit (loss) carried forward | 14 | -€395,197 | -€205,374 | +€189,823 | +48.0% |
| Investment grants | 15 | €22,500 | €22,500 | = | 0.0% |
| Amounts payable | 17/49 | €213,168 | €67,935 | -€145,233 | -68.1% |
| Amounts payable after more than one year | 17 | €193,325 | - | -€193,325 | |
| Other amounts payable | 178/9 | €193,325 | - | -€193,325 | |
| Amounts payable within one year | 42/48 | €19,843 | €67,935 | +€48,092 | +242% |
| Trade debts | 44 | €19,390 | €66,764 | +€47,374 | +244% |
| Suppliers | 440/4 | €19,390 | €66,764 | +€47,374 | +244% |
| Taxes, remuneration and social security | 45 | €453 | €1,172 | +€719 | +159% |
| Taxes | 450/3 | €453 | €1,172 | +€719 | +159% |
| Remuneration, social security and pensions | 62 | €145,364 | €126,979 | -€18,385 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,839 | €15,562 | +€3,723 | +31.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,863 | €2,941 | +€77 | +2.7% |
| Other operating charges | 640/8 | €2,023 | €5,240 | +€3,217 | +159% |
| Gross operating margin | 9900 | €288,686 | €341,179 | +€52,494 | +18.2% |
| Operating profit (loss) | 9901 | €126,597 | €190,458 | +€63,861 | +50.4% |
| Financial income | 75/76B | €6 | €10 | +€4 | +71.5% |
| Recurring financial income | 75 | €6 | €10 | +€4 | +71.5% |
| Financial charges | 65/66B | €4,421 | €645 | -€3,776 | -85.4% |
| Recurring financial charges | 65 | €4,421 | €645 | -€3,776 | -85.4% |
| Profit (loss) for the period before taxes | 9903 | €122,182 | €189,823 | +€67,641 | +55.4% |
| Income taxes | 67/77 | €260 | - | -€260 | |
| Profit (loss) for the period | 9904 | €121,921 | €189,823 | +€67,901 | +55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €121,921 | €189,823 | +€67,901 | +55.7% |
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 29 October 2026 via checked.be.