SARIBE: 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.
SARIBE
Largest movements
- Tangible fixed assets -€87,673
down €87,673 (-8.3%), from €1.1m to €966,499
of which Land and buildings: -€80,112
- Debts after one year -€110,107
down €110,107 (-50.0%), from €220,415 to €110,308
- Profit (loss) carried forward +€63,566
up €63,566 (+218.2%), from €29,134 to €92,701
- Other debts -€52,976
down €52,976 (-7.5%), from €710,023 to €657,047
- Current portion of long-term debt +€47,061
up €47,061 (+65.0%), from €72,429 to €119,491
- Trade debts -€35,428
down €35,428 (-83.5%), from €42,407 to €6,979
- Gross operating margin +€62,255
up €62,255 (+54.6%), from €113,922 to €176,177
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,107,801 | €1,019,485 | -€88,316 | -8.0% |
| Fixed assets | 21/28 | €1,056,777 | €969,104 | -€87,673 | -8.3% |
| Tangible fixed assets | 22/27 | €1,054,172 | €966,499 | -€87,673 | -8.3% |
| Land and buildings | 22 | €1,012,176 | €932,063 | -€80,112 | -7.9% |
| Plant, machinery and equipment | 23 | €1,032 | €400 | -€632 | -61.3% |
| Furniture and vehicles | 24 | €40,965 | €34,036 | -€6,929 | -16.9% |
| Financial fixed assets | 28 | €2,605 | €2,605 | = | 0.0% |
| Current assets | 29/58 | €51,024 | €50,381 | -€643 | -1.3% |
| Amounts receivable within one year | 40/41 | €49,361 | €49,169 | -€192 | -0.4% |
| Trade receivables | 40 | €49,361 | €47,263 | -€2,098 | -4.3% |
| Other amounts receivable | 41 | - | €1,906 | +€1,906 | |
| Cash at bank and in hand | 54/58 | €247 | €687 | +€440 | +178.5% |
| Deferred charges and accrued income | 490/1 | €1,416 | €525 | -€891 | -62.9% |
| Total equity and liabilities | 10/49 | €1,107,801 | €1,019,485 | -€88,316 | -8.0% |
| Equity | 10/15 | €62,094 | €125,661 | +€63,566 | +102.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,360 | €14,360 | = | 0.0% |
| 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 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,134 | €92,701 | +€63,566 | +218.2% |
| Amounts payable | 17/49 | €1,045,707 | €893,825 | -€151,882 | -14.5% |
| Amounts payable after more than one year | 17 | €220,415 | €110,308 | -€110,107 | -50.0% |
| Financial debts | 170/4 | €220,415 | €110,308 | -€110,107 | -50.0% |
| Amounts payable within one year | 42/48 | €825,291 | €783,517 | -€41,775 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €72,429 | €119,491 | +€47,061 | +65.0% |
| Trade debts | 44 | €42,407 | €6,979 | -€35,428 | -83.5% |
| Suppliers | 440/4 | €42,407 | €6,979 | -€35,428 | -83.5% |
| Taxes, remuneration and social security | 45 | €432 | - | -€432 | |
| Taxes | 450/3 | €432 | - | -€432 | |
| Other amounts payable | 47/48 | €710,023 | €657,047 | -€52,976 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,556 | €102,919 | +€363 | +0.4% |
| Other operating charges | 640/8 | €3,806 | €4,089 | +€283 | +7.4% |
| Gross operating margin | 9900 | €113,922 | €176,177 | +€62,255 | +54.6% |
| Operating profit (loss) | 9901 | €7,560 | €69,169 | +€61,609 | +814.9% |
| Financial income | 75/76B | €146 | €78 | -€68 | -46.7% |
| Recurring financial income | 75 | €146 | €78 | -€68 | -46.7% |
| Financial charges | 65/66B | €3,936 | €5,681 | +€1,745 | +44.3% |
| Recurring financial charges | 65 | €3,936 | €5,681 | +€1,745 | +44.3% |
| Profit (loss) for the period before taxes | 9903 | €3,770 | €63,566 | +€59,796 | +1586.1% |
| Profit (loss) for the period | 9904 | €3,770 | €63,566 | +€59,796 | +1586.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,770 | €63,566 | +€59,796 | +1586.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.