SAUBEO: what changed
Two financial 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.
SAUBEO
Largest movements
- Cash -€39,051
down €39,051 (-76.8%), from €50,837 to €11,786
mainly Other debts (-€27,072) and Receivables within one year (-€6,475)
- Receivables within one year +€6,475
up €6,475 (+33.6%), from €19,254 to €25,728
of which Trade receivables: +€4,285
- Deferred charges and accrued income -€3,784
down €3,784 (-50.9%), from €7,437 to €3,653
- Intangible fixed assets +€2,254
up €2,254 (+433%), from €520 to €2,774
- Tangible fixed assets -€1,499
down €1,499 (-24.4%), from €6,142 to €4,643
- Other debts -€27,072
down €27,072 (-90.3%), from €29,989 to €2,917
- Trade debts -€4,604
down €4,604 (-68.3%), from €6,741 to €2,137
- Tax, wage and social debts -€2,382
down €2,382 (-20.5%), from €11,602 to €9,220
- Profit (loss) carried forward -€1,604
new in 2025: -€1,604
- Gross operating margin -€19,860
down €19,860 (-83.9%), from €23,660 to €3,800
- Taxes -€3,546
down €3,546 (-92.0%), from €3,855 to €310
- Financial charges +€410
up €410 (+25.0%), from €1,644 to €2,054
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.
Derived cash bridge
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 | €84,920 | €49,315 | -€35,606 | -41.9% |
| Fixed assets | 21/28 | €7,392 | €8,147 | +€755 | +10.2% |
| Intangible fixed assets | 21 | €520 | €2,774 | +€2,254 | +433% |
| Tangible fixed assets | 22/27 | €6,142 | €4,643 | -€1,499 | -24.4% |
| Other tangible fixed assets | 26 | €6,142 | €4,643 | -€1,499 | -24.4% |
| Financial fixed assets | 28 | €730 | €730 | = | 0.0% |
| Current assets | 29/58 | €77,528 | €41,168 | -€36,360 | -46.9% |
| Amounts receivable within one year | 40/41 | €19,254 | €25,728 | +€6,475 | +33.6% |
| Trade receivables | 40 | €18,309 | €22,593 | +€4,285 | +23.4% |
| Other amounts receivable | 41 | €945 | €3,135 | +€2,190 | +232% |
| Cash at bank and in hand | 54/58 | €50,837 | €11,786 | -€39,051 | -76.8% |
| Deferred charges and accrued income | 490/1 | €7,437 | €3,653 | -€3,784 | -50.9% |
| Total equity and liabilities | 10/49 | €84,920 | €49,315 | -€35,606 | -41.9% |
| Equity | 10/15 | €35,220 | €33,616 | -€1,604 | -4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,620 | €16,620 | = | 0.0% |
| Distributable reserves | 133 | €16,620 | €16,620 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,604 | -€1,604 | |
| Amounts payable | 17/49 | €49,701 | €15,699 | -€34,002 | -68.4% |
| Amounts payable within one year | 42/48 | €49,171 | €15,129 | -€34,043 | -69.2% |
| Financial debts | 43 | €839 | €855 | +€16 | +1.9% |
| Credit institutions | 430/8 | €839 | €855 | +€16 | +1.9% |
| Trade debts | 44 | €6,741 | €2,137 | -€4,604 | -68.3% |
| Suppliers | 440/4 | €6,741 | €2,137 | -€4,604 | -68.3% |
| Taxes, remuneration and social security | 45 | €11,602 | €9,220 | -€2,382 | -20.5% |
| Taxes | 450/3 | €11,602 | €9,220 | -€2,382 | -20.5% |
| Other amounts payable | 47/48 | €29,989 | €2,917 | -€27,072 | -90.3% |
| Accrued charges and deferred income | 492/3 | €529 | €570 | +€41 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,474 | €2,675 | +€201 | +8.1% |
| Other operating charges | 640/8 | €601 | €365 | -€236 | -39.3% |
| Gross operating margin | 9900 | €23,660 | €3,800 | -€19,860 | -83.9% |
| Operating profit (loss) | 9901 | €20,585 | €760 | -€19,825 | -96.3% |
| Financial charges | 65/66B | €1,644 | €2,054 | +€410 | +25.0% |
| Recurring financial charges | 65 | €1,644 | €2,054 | +€410 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | €18,941 | -€1,295 | -€20,235 | |
| Income taxes | 67/77 | €3,855 | €310 | -€3,546 | -92.0% |
| Profit (loss) for the period | 9904 | €15,085 | -€1,604 | -€16,689 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,085 | -€1,604 | -€16,689 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.