SABVA: 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.
SABVA
Largest movements
- Cash +€154,479
up €154,479 (+229.4%), from €67,328 to €221,807
mainly Trade debts (+€223,396) and Depreciation (+€37,262)
- Receivables within one year +€85,898
up €85,898 (+112.7%), from €76,219 to €162,117
of which Trade receivables: +€95,898
- Tangible fixed assets -€37,262
down €37,262 (-24.2%), from €153,777 to €116,515
- Trade debts +€223,396
up €223,396 (+3699.2%), from €6,039 to €229,435
- Debts after one year -€15,419
down €15,419 (-26.7%), from €57,728 to €42,309
- Turnover +€233,916
up €233,916 (+69.4%), from €337,004 to €570,920
- Purchases and services +€218,238
up €218,238 (+88.2%), from €247,509 to €465,747
- Gross operating margin +€15,679
up €15,679 (+17.5%), from €89,494 to €105,173
- Financial income +€12,029
up €12,029 (+1089.6%), from €1,104 to €13,133
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 | €399,604 | €600,595 | +€200,991 | +50.3% |
| Fixed assets | 21/28 | €154,105 | €116,843 | -€37,262 | -24.2% |
| Tangible fixed assets | 22/27 | €153,777 | €116,515 | -€37,262 | -24.2% |
| Land and buildings | 22 | €153,777 | €116,515 | -€37,262 | -24.2% |
| Financial fixed assets | 28 | €328 | €328 | = | 0.0% |
| Current assets | 29/58 | €245,499 | €483,752 | +€238,253 | +97.0% |
| Stocks and contracts in progress | 3 | €101,952 | €99,828 | -€2,124 | -2.1% |
| Stocks | 30/36 | €101,952 | €99,828 | -€2,124 | -2.1% |
| Amounts receivable within one year | 40/41 | €76,219 | €162,117 | +€85,898 | +112.7% |
| Trade receivables | 40 | €66,219 | €162,117 | +€95,898 | +144.8% |
| Other amounts receivable | 41 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €67,328 | €221,807 | +€154,479 | +229.4% |
| Total equity and liabilities | 10/49 | €399,604 | €600,595 | +€200,991 | +50.3% |
| Equity | 10/15 | €311,118 | €305,970 | -€5,148 | -1.7% |
| Contributions | 10/11 | €319,410 | €319,410 | = | 0.0% |
| Capital | 10 | €319,410 | €319,410 | = | 0.0% |
| Issued capital | 100 | €319,410 | €319,410 | = | 0.0% |
| Reserves | 13 | €28,171 | €28,171 | = | 0.0% |
| Non-distributable reserves | 130/1 | €26,750 | €26,750 | = | 0.0% |
| Legal reserve | 130 | €26,750 | €26,750 | = | 0.0% |
| Distributable reserves | 133 | €1,421 | €1,421 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,463 | -€41,611 | -€5,148 | -14.1% |
| Amounts payable | 17/49 | €88,486 | €294,625 | +€206,139 | +233.0% |
| Amounts payable after more than one year | 17 | €57,728 | €42,309 | -€15,419 | -26.7% |
| Financial debts | 170/4 | €57,728 | €42,309 | -€15,419 | -26.7% |
| Amounts payable within one year | 42/48 | €30,758 | €252,316 | +€221,558 | +720.3% |
| Current portion of amounts payable after more than one year | 42 | €15,181 | €15,419 | +€238 | +1.6% |
| Trade debts | 44 | €6,039 | €229,435 | +€223,396 | +3699.2% |
| Suppliers | 440/4 | €6,039 | €229,435 | +€223,396 | +3699.2% |
| Taxes, remuneration and social security | 45 | €9,538 | €7,462 | -€2,076 | -21.8% |
| Taxes | 450/3 | €2,890 | €1,842 | -€1,048 | -36.3% |
| Remuneration and social security | 454/9 | €6,648 | €5,620 | -€1,028 | -15.5% |
| Turnover | 70 | €337,004 | €570,920 | +€233,916 | +69.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €247,509 | €465,747 | +€218,238 | +88.2% |
| Remuneration, social security and pensions | 62 | €79,439 | €81,069 | +€1,630 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,419 | €37,262 | -€157 | -0.4% |
| Other operating charges | 640/8 | €3,799 | €2,221 | -€1,578 | -41.5% |
| Non-recurring operating charges | 66A | €3,797 | €61 | -€3,736 | -98.4% |
| Gross operating margin | 9900 | €89,494 | €105,173 | +€15,679 | +17.5% |
| Operating profit (loss) | 9901 | -€34,960 | -€15,440 | +€19,520 | +55.8% |
| Financial income | 75/76B | €1,104 | €13,133 | +€12,029 | +1089.6% |
| Recurring financial income | 75 | €1,104 | €13,133 | +€12,029 | +1089.6% |
| Financial charges | 65/66B | €2,607 | €2,841 | +€234 | +9.0% |
| Recurring financial charges | 65 | €2,607 | €2,841 | +€234 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | -€36,463 | -€5,148 | +€31,315 | +85.9% |
| Profit (loss) for the period | 9904 | -€36,463 | -€5,148 | +€31,315 | +85.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,463 | -€5,148 | +€31,315 | +85.9% |
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 8 October 2026 via checked.be.