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SABLIM: 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

SABLIM

BE 0444.585.840
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€25,435
2024 · €23,726+€1,709
Equity
€239,706
2024 · €214,271+€25,435
Cash
€5,914
2024 · €32,783-€26,869
Balance sheet total
€316,906
2024 · €301,559+€15,346

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€50,000

    up €50,000 (+376.1%), from €13,296 to €63,296

  • Cash -€26,869

    down €26,869 (-82.0%), from €32,783 to €5,914

    mainly Receivables within one year (-€50,000) and Investment in fixed assets (net) (-€11,468)

  • Tangible fixed assets -€7,747

    down €7,747 (-3.0%), from €255,209 to €247,462

    of which Land and buildings: -€10,203

Equity and liabilities
  • Reserves +€25,348

    up €25,348 (+13.4%), from €188,689 to €214,037

    of which Distributable reserves: +€33,000

  • Debts after one year -€8,039

    down €8,039 (-23.0%), from €34,990 to €26,951

Income statement
  • Other operating charges -€2,297

    down €2,297 (-35.8%), from €6,416 to €4,119

  • Gross operating margin +€2,102

    up €2,102 (+3.5%), from €60,119 to €62,221

  • Depreciation +€1,897

    up €1,897 (+11.0%), from €17,318 to €19,215

  • Taxes +€975

    up €975 (+6.8%), from €14,380 to €15,355

From the 2024 result to the 2025 result

effect on the 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 €23,726
Gross operating margin +€2,102
Depreciation -€1,897
Other operating charges +€2,297
Financial charges +€182
Taxes -€975
Result 2025 €25,435

Cash bridge derived

cash 2024 to 2025

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 -€7,479
Investment -€11,468
Financing -€7,923
Cash 2024 €32,783
Net result for the year +€25,435
Depreciation +€19,215
Receivables within one year -€50,000
Deferred charges and accrued income +€37
Provisions -€2,551
Tax, wage and social debts +€385
Investment in fixed assets (net) -€11,468
Debts after one year -€8,039
Current portion of long-term debt +€116
Cash 2025 €5,914
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €301,559 €316,906 +€15,346 +5.1%
Fixed assets 21/28 €255,209 €247,462 -€7,747 -3.0%
Tangible fixed assets 22/27 €255,209 €247,462 -€7,747 -3.0%
Land and buildings 22 €215,484 €205,281 -€10,203 -4.7%
Other tangible fixed assets 26 €39,725 €42,181 +€2,456 +6.2%
Current assets 29/58 €46,350 €69,444 +€23,094 +49.8%
Amounts receivable within one year 40/41 €13,296 €63,296 +€50,000 +376.1%
Other amounts receivable 41 €13,296 €63,296 +€50,000 +376.1%
Cash at bank and in hand 54/58 €32,783 €5,914 -€26,869 -82.0%
Deferred charges and accrued income 490/1 €271 €234 -€37 -13.7%
Total equity and liabilities 10/49 €301,559 €316,906 +€15,346 +5.1%
Equity 10/15 €214,271 €239,706 +€25,435 +11.9%
Contributions 10/11 €25,000 €25,000 = 0.0%
Reserves 13 €188,689 €214,037 +€25,348 +13.4%
Non-distributable reserves 130/1 €2,500 €2,500 = 0.0%
Reserves not available under the articles 1311 €2,500 €2,500 = 0.0%
Tax-exempt reserves 132 €34,416 €26,764 -€7,652 -22.2%
Distributable reserves 133 €151,773 €184,773 +€33,000 +21.7%
Profit (loss) carried forward 14 €582 €669 +€87 +15.0%
Provisions and deferred taxes 16 €37,820 €35,269 -€2,551 -6.7%
Deferred taxes 168 €37,820 €35,269 -€2,551 -6.7%
Amounts payable 17/49 €49,468 €41,930 -€7,538 -15.2%
Amounts payable after more than one year 17 €34,990 €26,951 -€8,039 -23.0%
Financial debts 170/4 €34,990 €26,951 -€8,039 -23.0%
Amounts payable within one year 42/48 €14,477 €14,979 +€501 +3.5%
Current portion of amounts payable after more than one year 42 €7,923 €8,039 +€116 +1.5%
Taxes, remuneration and social security 45 €4,780 €5,165 +€385 +8.1%
Taxes 450/3 €4,780 €5,165 +€385 +8.1%
Other amounts payable 47/48 €1,775 €1,775 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €17,318 €19,215 +€1,897 +11.0%
Other operating charges 640/8 €6,416 €4,119 -€2,297 -35.8%
Gross operating margin 9900 €60,119 €62,221 +€2,102 +3.5%
Operating profit (loss) 9901 €36,385 €38,887 +€2,502 +6.9%
Financial charges 65/66B €830 €649 -€182 -21.9%
Recurring financial charges 65 €830 €649 -€182 -21.9%
Profit (loss) for the period before taxes 9903 €35,555 €38,239 +€2,684 +7.5%
Transfer from deferred taxes 780 €2,551 €2,551 = 0.0%
Income taxes 67/77 €14,380 €15,355 +€975 +6.8%
Profit (loss) for the period 9904 €23,726 €25,435 +€1,709 +7.2%
Transfer from tax-exempt reserves 789 €7,652 €7,652 = 0.0%
Profit (loss) for the period to be appropriated 9905 €31,378 €33,087 +€1,709 +5.4%

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 30 September 2026 via checked.be.