SABRE Belgium: 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.
SABRE Belgium
Largest movements
- Receivables within one year +€141,189
up €141,189 (+21.4%), from €660,424 to €801,614
of which Other amounts receivable: +€160,581
- Cash -€117,088
down €117,088 (-34.1%), from €343,563 to €226,475
mainly Receivables within one year (-€141,189) and Tax, wage and social debts (-€41,661)
- Profit (loss) carried forward +€56,379
up €56,379 (+8.1%), from €696,444 to €752,824
- Tax, wage and social debts -€41,661
down €41,661 (-37.0%), from €112,612 to €70,951
of which Remuneration and social security: -€40,439
- Accrued charges and deferred income +€25,524
up €25,524 (+47.5%), from €53,775 to €79,299
- Other debts -€11,531
down €11,531 (-66.2%), from €17,429 to €5,898
- Staff costs +€16,224
up €16,224 (+3.8%), from €421,980 to €438,204
- Gross operating margin +€12,257
up €12,257 (+2.5%), from €481,625 to €493,882
- Financial income +€11,472
up €11,472 (+47.1%), from €24,355 to €35,827
- Other operating charges -€5,879
down €5,879 (-85.5%), from €6,877 to €998
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 | €1,005,311 | €1,029,412 | +€24,101 | +2.4% |
| Current assets | 29/58 | €1,005,311 | €1,029,412 | +€24,101 | +2.4% |
| Amounts receivable after more than one year | 29 | €1,324 | €1,324 | = | 0.0% |
| Other amounts receivable | 291 | €1,324 | €1,324 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €660,424 | €801,614 | +€141,189 | +21.4% |
| Trade receivables | 40 | €111,549 | €92,157 | -€19,392 | -17.4% |
| Other amounts receivable | 41 | €548,875 | €709,456 | +€160,581 | +29.3% |
| Cash at bank and in hand | 54/58 | €343,563 | €226,475 | -€117,088 | -34.1% |
| Total equity and liabilities | 10/49 | €1,005,311 | €1,029,412 | +€24,101 | +2.4% |
| Equity | 10/15 | €764,644 | €821,024 | +€56,379 | +7.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €696,444 | €752,824 | +€56,379 | +8.1% |
| Amounts payable | 17/49 | €240,666 | €208,389 | -€32,278 | -13.4% |
| Amounts payable within one year | 42/48 | €186,891 | €129,090 | -€57,802 | -30.9% |
| Trade debts | 44 | €56,850 | €52,241 | -€4,609 | -8.1% |
| Suppliers | 440/4 | €56,850 | €52,241 | -€4,609 | -8.1% |
| Taxes, remuneration and social security | 45 | €112,612 | €70,951 | -€41,661 | -37.0% |
| Taxes | 450/3 | €10,362 | €9,140 | -€1,222 | -11.8% |
| Remuneration and social security | 454/9 | €102,250 | €61,811 | -€40,439 | -39.5% |
| Other amounts payable | 47/48 | €17,429 | €5,898 | -€11,531 | -66.2% |
| Accrued charges and deferred income | 492/3 | €53,775 | €79,299 | +€25,524 | +47.5% |
| Remuneration, social security and pensions | 62 | €421,980 | €438,204 | +€16,224 | +3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€361 | €2,848 | +€3,209 | |
| Other operating charges | 640/8 | €6,877 | €998 | -€5,879 | -85.5% |
| Gross operating margin | 9900 | €481,625 | €493,882 | +€12,257 | +2.5% |
| Operating profit (loss) | 9901 | €53,128 | €51,831 | -€1,297 | -2.4% |
| Financial income | 75/76B | €24,355 | €35,827 | +€11,472 | +47.1% |
| Recurring financial income | 75 | €24,355 | €35,827 | +€11,472 | +47.1% |
| Financial charges | 65/66B | €8,601 | €8,164 | -€436 | -5.1% |
| Recurring financial charges | 65 | €8,601 | €8,164 | -€436 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €68,883 | €79,493 | +€10,611 | +15.4% |
| Income taxes | 67/77 | €25,660 | €23,114 | -€2,546 | -9.9% |
| Profit (loss) for the period | 9904 | €43,223 | €56,379 | +€13,157 | +30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €43,223 | €56,379 | +€13,157 | +30.4% |
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 26 October 2026 via checked.be.