SABOR'ES: 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.
SABOR'ES
Largest movements
- Cash -€15,892
down €15,892 (-95.5%), from €16,640 to €748
mainly Net result for the year (-€25,086) and Debts after one year (-€9,081)
- Receivables within one year -€5,536
no longer reported in 2025 (was €5,536)
of which Other amounts receivable: -€5,214
- Deferred charges and accrued income +€1,670
new in 2025: €1,670
- Tangible fixed assets +€1,234
up €1,234 (+9.8%), from €12,635 to €13,869
of which Furniture and vehicles: +€1,952
- Profit (loss) carried forward -€25,086
down €25,086 (-174.6%), from -€14,371 to -€39,457
- Other debts +€11,060
new in 2025: €11,060
- Debts after one year -€9,081
down €9,081 (-39.4%), from €23,072 to €13,991
- Current portion of long-term debt +€4,431
new in 2025: €4,431
- Tax, wage and social debts -€1,022
down €1,022 (-26.0%), from €3,937 to €2,915
- Gross operating margin -€11,103
down €11,103, from €2,752 to -€8,351
- Other operating charges +€7,586
up €7,586 (+6908.6%), from €110 to €7,695
- Depreciation +€3,186
up €3,186 (+139.8%), from €2,279 to €5,466
- Financial charges +€2,524
up €2,524 (+310.9%), from €812 to €3,336
- Taxes +€238
new in 2025: €238
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,811 | €16,287 | -€18,524 | -53.2% |
| Fixed assets | 21/28 | €12,635 | €13,869 | +€1,234 | +9.8% |
| Tangible fixed assets | 22/27 | €12,635 | €13,869 | +€1,234 | +9.8% |
| Plant, machinery and equipment | 23 | €2,723 | €2,005 | -€718 | -26.4% |
| Furniture and vehicles | 24 | €9,912 | €11,864 | +€1,952 | +19.7% |
| Current assets | 29/58 | €22,176 | €2,418 | -€19,758 | -89.1% |
| Amounts receivable within one year | 40/41 | €5,536 | - | -€5,536 | |
| Trade receivables | 40 | €321 | - | -€321 | |
| Other amounts receivable | 41 | €5,214 | - | -€5,214 | |
| Cash at bank and in hand | 54/58 | €16,640 | €748 | -€15,892 | -95.5% |
| Deferred charges and accrued income | 490/1 | - | €1,670 | +€1,670 | |
| Total equity and liabilities | 10/49 | €34,811 | €16,287 | -€18,524 | -53.2% |
| Equity | 10/15 | €5,629 | -€19,457 | -€25,086 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,371 | -€39,457 | -€25,086 | -174.6% |
| Amounts payable | 17/49 | €29,181 | €35,744 | +€6,563 | +22.5% |
| Amounts payable after more than one year | 17 | €23,072 | €13,991 | -€9,081 | -39.4% |
| Financial debts | 170/4 | €23,072 | €13,991 | -€9,081 | -39.4% |
| Amounts payable within one year | 42/48 | €6,109 | €21,280 | +€15,171 | +248.3% |
| Current portion of amounts payable after more than one year | 42 | - | €4,431 | +€4,431 | |
| Trade debts | 44 | €2,173 | €2,875 | +€702 | +32.3% |
| Suppliers | 440/4 | €2,173 | €2,875 | +€702 | +32.3% |
| Taxes, remuneration and social security | 45 | €3,937 | €2,915 | -€1,022 | -26.0% |
| Taxes | 450/3 | €3,937 | €2,915 | -€1,022 | -26.0% |
| Other amounts payable | 47/48 | - | €11,060 | +€11,060 | |
| Accrued charges and deferred income | 492/3 | - | €473 | +€473 | |
| Remuneration, social security and pensions | 62 | €119 | - | -€119 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,279 | €5,466 | +€3,186 | +139.8% |
| Other operating charges | 640/8 | €110 | €7,695 | +€7,586 | +6908.6% |
| Gross operating margin | 9900 | €2,752 | -€8,351 | -€11,103 | |
| Operating profit (loss) | 9901 | €244 | -€21,513 | -€21,756 | |
| Financial charges | 65/66B | €812 | €3,336 | +€2,524 | +310.9% |
| Recurring financial charges | 65 | €812 | €3,336 | +€2,524 | +310.9% |
| Profit (loss) for the period before taxes | 9903 | -€568 | -€24,848 | -€24,280 | -4274.0% |
| Income taxes | 67/77 | - | €238 | +€238 | |
| Profit (loss) for the period | 9904 | -€568 | -€25,086 | -€24,518 | -4315.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€568 | -€25,086 | -€24,518 | -4315.8% |
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.