SABRUMAC: 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.
SABRUMAC
Largest movements
- Cash +€6,638
up €6,638 (+24.2%), from €27,402 to €34,040
mainly Net result for the year (+€34,879) and Other debts (+€8,961)
- Reserves +€34,879
up €34,879 (+39.0%), from €89,405 to €124,284
of which Tax-exempt reserves: +€21,050
- Accrued charges and deferred income -€21,120
down €21,120 (-82.4%), from €25,616 to €4,496
- Current portion of long-term debt -€16,228
no longer reported in 2025 (was €16,228)
- Other debts +€8,961
up €8,961 (+11.0%), from €81,651 to €90,612
- Gross operating margin +€2,579
up €2,579 (+4.3%), from €59,947 to €62,526
- Financial charges -€904
down €904 (-15.5%), from €5,837 to €4,933
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 | €369,764 | €375,535 | +€5,771 | +1.6% |
| Fixed assets | 21/28 | €342,332 | €340,026 | -€2,305 | -0.7% |
| Tangible fixed assets | 22/27 | €182,332 | €180,026 | -€2,305 | -1.3% |
| Land and buildings | 22 | €175,000 | €175,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,915 | €2,428 | -€1,487 | -38.0% |
| Furniture and vehicles | 24 | €3,417 | €2,599 | -€819 | -24.0% |
| Financial fixed assets | 28 | €160,000 | €160,000 | = | 0.0% |
| Current assets | 29/58 | €27,432 | €35,509 | +€8,077 | +29.4% |
| Amounts receivable within one year | 40/41 | - | €580 | +€580 | |
| Other amounts receivable | 41 | - | €580 | +€580 | |
| Cash at bank and in hand | 54/58 | €27,402 | €34,040 | +€6,638 | +24.2% |
| Deferred charges and accrued income | 490/1 | €30 | €888 | +€858 | +2830.9% |
| Total equity and liabilities | 10/49 | €369,764 | €375,535 | +€5,771 | +1.6% |
| Equity | 10/15 | €238,246 | €273,125 | +€34,879 | +14.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €89,405 | €124,284 | +€34,879 | +39.0% |
| Tax-exempt reserves | 132 | €12,630 | €33,680 | +€21,050 | +166.7% |
| Distributable reserves | 133 | €76,775 | €90,604 | +€13,829 | +18.0% |
| Profit (loss) carried forward | 14 | €130,250 | €130,250 | = | 0.0% |
| Amounts payable | 17/49 | €131,518 | €102,410 | -€29,108 | -22.1% |
| Amounts payable within one year | 42/48 | €105,901 | €97,914 | -€7,988 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €16,228 | - | -€16,228 | |
| Trade debts | 44 | €116 | - | -€116 | |
| Suppliers | 440/4 | €116 | - | -€116 | |
| Taxes, remuneration and social security | 45 | €7,907 | €7,302 | -€605 | -7.6% |
| Taxes | 450/3 | €7,907 | €7,302 | -€605 | -7.6% |
| Other amounts payable | 47/48 | €81,651 | €90,612 | +€8,961 | +11.0% |
| Accrued charges and deferred income | 492/3 | €25,616 | €4,496 | -€21,120 | -82.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,162 | €2,305 | +€143 | +6.6% |
| Other operating charges | 640/8 | €7,000 | €7,220 | +€220 | +3.1% |
| Gross operating margin | 9900 | €59,947 | €62,526 | +€2,579 | +4.3% |
| Operating profit (loss) | 9901 | €50,785 | €53,001 | +€2,216 | +4.4% |
| Financial income | 75/76B | €0 | €373 | +€373 | +465987.5% |
| Recurring financial income | 75 | €0 | €373 | +€373 | +465987.5% |
| Financial charges | 65/66B | €5,837 | €4,933 | -€904 | -15.5% |
| Recurring financial charges | 65 | €5,837 | €4,933 | -€904 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €44,949 | €48,441 | +€3,492 | +7.8% |
| Income taxes | 67/77 | €14,021 | €13,562 | -€459 | -3.3% |
| Profit (loss) for the period | 9904 | €30,928 | €34,879 | +€3,951 | +12.8% |
| Transfer to tax-exempt reserves | 689 | - | €21,050 | +€21,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,928 | €13,829 | -€17,099 | -55.3% |
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 4 October 2026 via checked.be.