SABROSA: 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.
SABROSA
Largest movements
- Tangible fixed assets -€47,278
down €47,278 (-28.3%), from €167,091 to €119,814
of which Furniture and vehicles: -€37,798
- Stocks and contracts +€18,010
up €18,010 (+86.4%), from €20,838 to €38,848
- Receivables within one year +€14,938
up €14,938 (+35.1%), from €42,522 to €57,460
of which Other amounts receivable: +€15,668
- Cash -€10,700
down €10,700 (-7.2%), from €148,315 to €137,616
mainly Debts after one year (-€21,739) and Stocks and contracts (-€18,010)
- Debts after one year -€21,739
no longer reported in 2025 (was €21,739)
- Tax, wage and social debts -€6,944
down €6,944 (-9.7%), from €71,696 to €64,752
of which Taxes: -€9,439
- Purchases and services -€756,765
no longer reported in 2025 (was €756,765)
- Gross operating margin -€20,409
down €20,409 (-4.6%), from €444,013 to €423,604
- Staff costs +€15,011
up €15,011 (+4.5%), from €332,598 to €347,609
- Taxes -€11,246
down €11,246 (-52.3%), from €21,502 to €10,256
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 | €411,613 | €382,923 | -€28,690 | -7.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €167,091 | €119,814 | -€47,278 | -28.3% |
| Tangible fixed assets | 22/27 | €167,091 | €119,814 | -€47,278 | -28.3% |
| Plant, machinery and equipment | 23 | €52,001 | €42,521 | -€9,479 | -18.2% |
| Furniture and vehicles | 24 | €115,091 | €77,292 | -€37,798 | -32.8% |
| Current assets | 29/58 | €244,522 | €263,110 | +€18,588 | +7.6% |
| Stocks and contracts in progress | 3 | €20,838 | €38,848 | +€18,010 | +86.4% |
| Stocks | 30/36 | €20,838 | €38,848 | +€18,010 | +86.4% |
| Amounts receivable within one year | 40/41 | €42,522 | €57,460 | +€14,938 | +35.1% |
| Trade receivables | 40 | €829 | €99 | -€730 | -88.0% |
| Other amounts receivable | 41 | €41,693 | €57,361 | +€15,668 | +37.6% |
| Current investments | 50/53 | €23,859 | €23,859 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €148,315 | €137,616 | -€10,700 | -7.2% |
| Deferred charges and accrued income | 490/1 | €8,987 | €5,326 | -€3,660 | -40.7% |
| Total equity and liabilities | 10/49 | €411,613 | €382,923 | -€28,690 | -7.0% |
| Equity | 10/15 | €256,407 | €255,944 | -€464 | -0.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €249,159 | €248,695 | -€464 | -0.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €249,159 | €248,695 | -€464 | -0.2% |
| Profit (loss) carried forward | 14 | €2,248 | €2,248 | -€0 | 0.0% |
| Amounts payable | 17/49 | €155,206 | €126,979 | -€28,226 | -18.2% |
| Amounts payable after more than one year | 17 | €21,739 | - | -€21,739 | |
| Financial debts | 170/4 | €21,739 | - | -€21,739 | |
| Amounts payable within one year | 42/48 | €133,467 | €126,979 | -€6,487 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €21,526 | €21,739 | +€213 | +1.0% |
| Trade debts | 44 | €31,890 | €28,288 | -€3,602 | -11.3% |
| Suppliers | 440/4 | €31,890 | €28,288 | -€3,602 | -11.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €71,696 | €64,752 | -€6,944 | -9.7% |
| Taxes | 450/3 | €39,822 | €30,384 | -€9,439 | -23.7% |
| Remuneration and social security | 454/9 | €31,874 | €34,368 | +€2,494 | +7.8% |
| Other amounts payable | 47/48 | €8,355 | €12,201 | +€3,846 | +46.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €756,765 | - | -€756,765 | |
| Remuneration, social security and pensions | 62 | €332,598 | €347,609 | +€15,011 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,613 | €53,676 | +€2,063 | +4.0% |
| Other operating charges | 640/8 | €2,316 | €694 | -€1,622 | -70.0% |
| Gross operating margin | 9900 | €444,013 | €423,604 | -€20,409 | -4.6% |
| Operating profit (loss) | 9901 | €57,486 | €21,625 | -€35,861 | -62.4% |
| Financial income | 75/76B | €3,701 | €4,604 | +€903 | +24.4% |
| Recurring financial income | 75 | €3,701 | €4,604 | +€903 | +24.4% |
| Financial charges | 65/66B | €964 | €4,236 | +€3,272 | +339.5% |
| Recurring financial charges | 65 | €964 | €4,236 | +€3,272 | +339.5% |
| Profit (loss) for the period before taxes | 9903 | €60,223 | €21,993 | -€38,230 | -63.5% |
| Income taxes | 67/77 | €21,502 | €10,256 | -€11,246 | -52.3% |
| Profit (loss) for the period | 9904 | €38,721 | €11,737 | -€26,984 | -69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,721 | €11,737 | -€26,984 | -69.7% |
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 10 October 2026 via checked.be.