SAM SABBE: 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.
SAM SABBE
Largest movements
- Current investments -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Receivables within one year -€73,356
down €73,356 (-21.5%), from €340,483 to €267,127
of which Other amounts receivable: -€80,596
- Cash +€69,805
up €69,805 (+565.0%), from €12,355 to €82,160
mainly Current investments (+€200,000) and Net result for the year (+€105,535)
- Tangible fixed assets -€64,691
down €64,691 (-3.6%), from €1.8m to €1.7m
of which Land and buildings: -€61,874
- Reserves -€244,580
down €244,580 (-8.3%), from €2.9m to €2.7m
of which Distributable reserves: -€244,580
- Tax, wage and social debts -€44,892
down €44,892 (-71.3%), from €62,943 to €18,051
- Gross operating margin -€150,970
down €150,970 (-43.4%), from €348,107 to €197,137
- Taxes -€35,056
down €35,056 (-39.6%), from €88,578 to €53,523
- Other operating charges -€31,153
down €31,153 (-81.5%), from €38,203 to €7,050
- Financial income +€8,429
up €8,429 (+33.5%), from €25,135 to €33,564
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 | €3,031,225 | €2,744,859 | -€286,366 | -9.4% |
| Fixed assets | 21/28 | €2,476,443 | €2,393,266 | -€83,176 | -3.4% |
| Tangible fixed assets | 22/27 | €1,777,380 | €1,712,689 | -€64,691 | -3.6% |
| Land and buildings | 22 | €1,771,564 | €1,709,690 | -€61,874 | -3.5% |
| Furniture and vehicles | 24 | €5,816 | €2,999 | -€2,817 | -48.4% |
| Financial fixed assets | 28 | €699,062 | €680,577 | -€18,485 | -2.6% |
| Current assets | 29/58 | €554,782 | €351,592 | -€203,190 | -36.6% |
| Amounts receivable within one year | 40/41 | €340,483 | €267,127 | -€73,356 | -21.5% |
| Trade receivables | 40 | €34,283 | €41,523 | +€7,240 | +21.1% |
| Other amounts receivable | 41 | €306,200 | €225,604 | -€80,596 | -26.3% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €12,355 | €82,160 | +€69,805 | +565.0% |
| Deferred charges and accrued income | 490/1 | €1,944 | €2,305 | +€361 | +18.6% |
| Total equity and liabilities | 10/49 | €3,031,225 | €2,744,859 | -€286,366 | -9.4% |
| Equity | 10/15 | €2,967,371 | €2,722,792 | -€244,580 | -8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,948,771 | €2,704,192 | -€244,580 | -8.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,946,911 | €2,702,332 | -€244,580 | -8.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €63,854 | €22,067 | -€41,786 | -65.4% |
| Amounts payable within one year | 42/48 | €63,854 | €22,067 | -€41,786 | -65.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €897 | €4,016 | +€3,119 | +347.6% |
| Suppliers | 440/4 | €897 | €4,016 | +€3,119 | +347.6% |
| Taxes, remuneration and social security | 45 | €62,943 | €18,051 | -€44,892 | -71.3% |
| Taxes | 450/3 | €62,943 | €18,051 | -€44,892 | -71.3% |
| Other amounts payable | 47/48 | €13 | €0 | -€13 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,789 | €56,123 | -€1,666 | -2.9% |
| Other operating charges | 640/8 | €38,203 | €7,050 | -€31,153 | -81.5% |
| Gross operating margin | 9900 | €348,107 | €197,137 | -€150,970 | -43.4% |
| Operating profit (loss) | 9901 | €252,114 | €133,964 | -€118,151 | -46.9% |
| Financial income | 75/76B | €25,135 | €33,564 | +€8,429 | +33.5% |
| Recurring financial income | 75 | €25,135 | €33,564 | +€8,429 | +33.5% |
| Financial charges | 65/66B | €8,084 | €8,470 | +€386 | +4.8% |
| Recurring financial charges | 65 | €8,084 | €8,470 | +€386 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €269,165 | €159,058 | -€110,108 | -40.9% |
| Income taxes | 67/77 | €88,578 | €53,523 | -€35,056 | -39.6% |
| Profit (loss) for the period | 9904 | €180,587 | €105,535 | -€75,052 | -41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €180,587 | €105,535 | -€75,052 | -41.6% |
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 5 October 2026 via checked.be.