SABU-Invest: what changed
SABU-Invest
Largest movements
- Receivables within one year -€63,168
down €63,168 (-74.2%), from €85,168 to €22,000
of which Trade receivables: -€85,168
- Cash -€17,971
down €17,971 (-37.7%), from €47,618 to €29,648
mainly Debts after one year (-€167,769) and Other debts (-€158,000)
- Reserves +€190,707
up €190,707 (+391%), from €48,794 to €239,500
- Debts after one year -€167,769
down €167,769 (-13.0%), from €1.3m to €1.1m
- Other debts -€158,000
down €158,000 (-88.3%), from €179,000 to €21,000
- Tax, wage and social debts +€50,571
up €50,571 (+405%), from €12,481 to €63,052
- Gross operating margin +€230,529
up €230,529 (+308%), from €74,851 to €305,379
- Taxes +€44,613
up €44,613 (+363%), from €12,289 to €56,902
- Financial charges +€44,209
up €44,209 (+344%), from €12,865 to €57,074
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,698,087 | €1,616,948 | -€81,139 | -4.8% |
| Fixed assets | 21/28 | €1,565,300 | €1,565,300 | = | 0.0% |
| Financial fixed assets | 28 | €1,565,300 | €1,565,300 | = | 0.0% |
| Current assets | 29/58 | €132,786 | €51,648 | -€81,139 | -61.1% |
| Amounts receivable within one year | 40/41 | €85,168 | €22,000 | -€63,168 | -74.2% |
| Trade receivables | 40 | €85,168 | €0 | -€85,168 | -100% |
| Other amounts receivable | 41 | - | €22,000 | +€22,000 | |
| Cash at bank and in hand | 54/58 | €47,618 | €29,648 | -€17,971 | -37.7% |
| Total equity and liabilities | 10/49 | €1,698,087 | €1,616,948 | -€81,139 | -4.8% |
| Equity | 10/15 | €148,794 | €339,500 | +€190,707 | +128% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €48,794 | €239,500 | +€190,707 | +391% |
| Distributable reserves | 133 | €48,794 | €239,500 | +€190,707 | +391% |
| Amounts payable | 17/49 | €1,549,293 | €1,277,448 | -€271,846 | -17.5% |
| Amounts payable after more than one year | 17 | €1,292,528 | €1,124,760 | -€167,769 | -13.0% |
| Financial debts | 170/4 | €1,292,528 | €1,124,760 | -€167,769 | -13.0% |
| Amounts payable within one year | 42/48 | €256,765 | €152,688 | -€104,077 | -40.5% |
| Current portion of amounts payable after more than one year | 42 | €65,284 | €67,769 | +€2,485 | +3.8% |
| Trade debts | 44 | - | €868 | +€868 | |
| Suppliers | 440/4 | - | €868 | +€868 | |
| Taxes, remuneration and social security | 45 | €12,481 | €63,052 | +€50,571 | +405% |
| Taxes | 450/3 | €12,481 | €63,052 | +€50,571 | +405% |
| Other amounts payable | 47/48 | €179,000 | €21,000 | -€158,000 | -88.3% |
| Other operating charges | 640/8 | €902 | €696 | -€206 | -22.8% |
| Gross operating margin | 9900 | €74,851 | €305,379 | +€230,529 | +308% |
| Operating profit (loss) | 9901 | €73,948 | €304,683 | +€230,734 | +312% |
| Financial charges | 65/66B | €12,865 | €57,074 | +€44,209 | +344% |
| Recurring financial charges | 65 | €12,865 | €57,074 | +€44,209 | +344% |
| Profit (loss) for the period before taxes | 9903 | €61,083 | €247,609 | +€186,526 | +305% |
| Income taxes | 67/77 | €12,289 | €56,902 | +€44,613 | +363% |
| Profit (loss) for the period | 9904 | €48,794 | €190,707 | +€141,913 | +291% |
| Profit (loss) for the period to be appropriated | 9905 | €48,794 | €190,707 | +€141,913 | +291% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.