SARBAT: 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.
SARBAT
Largest movements
- Stocks and contracts +€55,317
up €55,317 (+5268.2%), from €1,050 to €56,367
- Cash -€24,266
down €24,266 (-48.9%), from €49,669 to €25,403
mainly Stocks and contracts (-€55,317) and Debts after one year (-€7,348)
- Tangible fixed assets -€7,515
down €7,515 (-28.8%), from €26,087 to €18,572
of which Leasing and similar rights: -€6,798
- Receivables within one year +€2,126
up €2,126 (+15.7%), from €13,522 to €15,648
of which Trade receivables: +€2,678
- Trade debts +€8,596
up €8,596 (+3693.2%), from €233 to €8,828
- Tax, wage and social debts +€8,161
up €8,161 (+35.0%), from €23,338 to €31,499
of which Taxes: +€6,356
- Other debts +€7,599
up €7,599 (+104.1%), from €7,300 to €14,899
- Debts after one year -€7,348
down €7,348 (-33.7%), from €21,831 to €14,483
- Profit (loss) carried forward +€6,805
up €6,805 (+13.8%), from €49,296 to €56,101
- Turnover -€25,840
down €25,840 (-12.7%), from €204,041 to €178,201
- Purchases and services -€13,414
down €13,414 (-8.6%), from €155,892 to €142,478
- Gross operating margin -€12,426
down €12,426 (-25.8%), from €48,149 to €35,723
- Staff costs +€7,705
new in 2025: €7,705
- Taxes -€4,396
down €4,396 (-47.2%), from €9,315 to €4,919
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 | €114,170 | €139,854 | +€25,684 | +22.5% |
| Fixed assets | 21/28 | €49,587 | €42,072 | -€7,515 | -15.2% |
| Tangible fixed assets | 22/27 | €26,087 | €18,572 | -€7,515 | -28.8% |
| Furniture and vehicles | 24 | €1,150 | €433 | -€718 | -62.4% |
| Leasing and similar rights | 25 | €24,937 | €18,139 | -€6,798 | -27.3% |
| Financial fixed assets | 28 | €23,500 | €23,500 | = | 0.0% |
| Current assets | 29/58 | €64,583 | €97,782 | +€33,199 | +51.4% |
| Stocks and contracts in progress | 3 | €1,050 | €56,367 | +€55,317 | +5268.2% |
| Stocks | 30/36 | €1,050 | €56,367 | +€55,317 | +5268.2% |
| Amounts receivable within one year | 40/41 | €13,522 | €15,648 | +€2,126 | +15.7% |
| Trade receivables | 40 | - | €2,678 | +€2,678 | |
| Other amounts receivable | 41 | €13,522 | €12,971 | -€552 | -4.1% |
| Cash at bank and in hand | 54/58 | €49,669 | €25,403 | -€24,266 | -48.9% |
| Deferred charges and accrued income | 490/1 | €342 | €365 | +€23 | +6.6% |
| Total equity and liabilities | 10/49 | €114,170 | €139,854 | +€25,684 | +22.5% |
| Equity | 10/15 | €55,992 | €62,797 | +€6,805 | +12.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €496 | €496 | = | 0.0% |
| Non-distributable reserves | 130/1 | €496 | €496 | = | 0.0% |
| Reserves not available under the articles | 1311 | €496 | €496 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,296 | €56,101 | +€6,805 | +13.8% |
| Amounts payable | 17/49 | €58,178 | €77,057 | +€18,879 | +32.4% |
| Amounts payable after more than one year | 17 | €21,831 | €14,483 | -€7,348 | -33.7% |
| Financial debts | 170/4 | €21,831 | €14,483 | -€7,348 | -33.7% |
| Amounts payable within one year | 42/48 | €36,348 | €62,574 | +€26,226 | +72.2% |
| Current portion of amounts payable after more than one year | 42 | €5,477 | €7,348 | +€1,871 | +34.2% |
| Trade debts | 44 | €233 | €8,828 | +€8,596 | +3693.2% |
| Suppliers | 440/4 | €233 | €8,828 | +€8,596 | +3693.2% |
| Taxes, remuneration and social security | 45 | €23,338 | €31,499 | +€8,161 | +35.0% |
| Taxes | 450/3 | €23,338 | €29,694 | +€6,356 | +27.2% |
| Remuneration and social security | 454/9 | - | €1,805 | +€1,805 | |
| Other amounts payable | 47/48 | €7,300 | €14,899 | +€7,599 | +104.1% |
| Turnover | 70 | €204,041 | €178,201 | -€25,840 | -12.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €155,892 | €142,478 | -€13,414 | -8.6% |
| Remuneration, social security and pensions | 62 | - | €7,705 | +€7,705 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,771 | €7,515 | -€256 | -3.3% |
| Other operating charges | 640/8 | €3,362 | €5,135 | +€1,774 | +52.8% |
| Non-recurring operating charges | 66A | €540 | - | -€540 | |
| Gross operating margin | 9900 | €48,149 | €35,723 | -€12,426 | -25.8% |
| Operating profit (loss) | 9901 | €36,477 | €15,367 | -€21,109 | -57.9% |
| Financial charges | 65/66B | €1,607 | €3,643 | +€2,036 | +126.7% |
| Recurring financial charges | 65 | €1,607 | €3,643 | +€2,036 | +126.7% |
| Profit (loss) for the period before taxes | 9903 | €34,870 | €11,724 | -€23,145 | -66.4% |
| Income taxes | 67/77 | €9,315 | €4,919 | -€4,396 | -47.2% |
| Profit (loss) for the period | 9904 | €25,555 | €6,805 | -€18,750 | -73.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,555 | €6,805 | -€18,750 | -73.4% |
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.