SABLON EXPRESS: 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.
SABLON EXPRESS
Largest movements
- Cash -€10,361
down €10,361 (-30.9%), from €33,492 to €23,131
mainly Tax, wage and social debts (-€14,186) and Receivables within one year (-€9,132)
- Receivables within one year +€9,132
up €9,132 (+8.5%), from €107,201 to €116,334
of which Other amounts receivable: +€13,599
- Reserves +€36,758
up €36,758 (+40.5%), from €90,800 to €127,559
of which Distributable reserves: +€38,618
- Profit (loss) carried forward -€27,326
down €27,326 (-100%), from €27,326 to €0
- Tax, wage and social debts -€14,186
down €14,186 (-71.7%), from €19,787 to €5,601
- Trade debts +€3,779
up €3,779 (+61.7%), from €6,125 to €9,904
- Gross operating margin -€1,782
down €1,782 (-8.2%), from €21,825 to €20,043
- Taxes -€765
down €765 (-17.6%), from €4,356 to €3,590
- Other operating charges +€659
up €659 (+50.6%), from €1,303 to €1,962
- Financial charges -€530
down €530 (-84.2%), from €629 to €100
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 | €157,639 | €156,700 | -€938 | -0.6% |
| Fixed assets | 21/28 | €13,699 | €14,623 | +€924 | +6.7% |
| Tangible fixed assets | 22/27 | €13,699 | €14,319 | +€620 | +4.5% |
| Plant, machinery and equipment | 23 | €3,587 | €2,347 | -€1,240 | -34.6% |
| Furniture and vehicles | 24 | €10,112 | €11,972 | +€1,860 | +18.4% |
| Financial fixed assets | 28 | - | €304 | +€304 | |
| Current assets | 29/58 | €143,940 | €142,078 | -€1,862 | -1.3% |
| Amounts receivable within one year | 40/41 | €107,201 | €116,334 | +€9,132 | +8.5% |
| Trade receivables | 40 | €99,045 | €94,578 | -€4,467 | -4.5% |
| Other amounts receivable | 41 | €8,156 | €21,756 | +€13,599 | +167% |
| Cash at bank and in hand | 54/58 | €33,492 | €23,131 | -€10,361 | -30.9% |
| Deferred charges and accrued income | 490/1 | €3,247 | €2,613 | -€634 | -19.5% |
| Total equity and liabilities | 10/49 | €157,639 | €156,700 | -€938 | -0.6% |
| Equity | 10/15 | €131,727 | €141,159 | +€9,432 | +7.2% |
| Contributions | 10/11 | €13,600 | €13,600 | = | 0.0% |
| Reserves | 13 | €90,800 | €127,559 | +€36,758 | +40.5% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €88,940 | €127,559 | +€38,618 | +43.4% |
| Profit (loss) carried forward | 14 | €27,326 | €0 | -€27,326 | -100% |
| Amounts payable | 17/49 | €25,912 | €15,542 | -€10,371 | -40.0% |
| Amounts payable within one year | 42/48 | €25,912 | €15,542 | -€10,371 | -40.0% |
| Financial debts | 43 | - | €36 | +€36 | |
| Credit institutions | 430/8 | - | €36 | +€36 | |
| Trade debts | 44 | €6,125 | €9,904 | +€3,779 | +61.7% |
| Suppliers | 440/4 | €6,125 | €9,904 | +€3,779 | +61.7% |
| Taxes, remuneration and social security | 45 | €19,787 | €5,601 | -€14,186 | -71.7% |
| Taxes | 450/3 | €19,787 | €5,601 | -€14,186 | -71.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,422 | €5,428 | +€6 | +0.1% |
| Other operating charges | 640/8 | €1,303 | €1,962 | +€659 | +50.6% |
| Gross operating margin | 9900 | €21,825 | €20,043 | -€1,782 | -8.2% |
| Operating profit (loss) | 9901 | €15,100 | €12,654 | -€2,446 | -16.2% |
| Financial income | 75/76B | €334 | €469 | +€135 | +40.6% |
| Recurring financial income | 75 | €334 | €469 | +€135 | +40.6% |
| Financial charges | 65/66B | €629 | €100 | -€530 | -84.2% |
| Recurring financial charges | 65 | €629 | €100 | -€530 | -84.2% |
| Profit (loss) for the period before taxes | 9903 | €14,804 | €13,023 | -€1,782 | -12.0% |
| Income taxes | 67/77 | €4,356 | €3,590 | -€765 | -17.6% |
| Profit (loss) for the period | 9904 | €10,448 | €9,432 | -€1,016 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,448 | €9,432 | -€1,016 | -9.7% |
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 24 October 2026 via checked.be.