SBA CHAUFFAGE: what changed
What changed
SBA CHAUFFAGE
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€143,415
2024 · €112,845+€30,570
Equity
€441,370
2024 · €297,955+€143,415
Cash
€193,142
2024 · €126,700+€66,442
Balance sheet total
€1.0m
2024 · €855,435+€152,499
Largest movements
Assets
- Cash +€66,442
up €66,442 (+52.4%), from €126,700 to €193,142
mainly Net result for the year (+€143,415) and Depreciation (+€46,985)
- Receivables within one year +€52,499
up €52,499 (+33.4%), from €157,151 to €209,650
of which Other amounts receivable: +€32,627
- Stocks and contracts +€32,922
up €32,922 (+29.9%), from €110,000 to €142,922
Equity and liabilities
- Profit (loss) carried forward +€143,415
up €143,415 (+57.8%), from €247,955 to €391,370
- Debts after one year -€47,448
down €47,448 (-22.8%), from €207,703 to €160,255
- Tax, wage and social debts +€45,301
up €45,301 (+156%), from €29,041 to €74,342
of which Remuneration and social security: +€25,115
- Other debts +€19,572
up €19,572 (+31.5%), from €62,066 to €81,638
- Trade debts -€17,615
down €17,615 (-19.3%), from €91,155 to €73,540
Income statement
- Gross operating margin +€19,585
up €19,585 (+2.4%), from €811,629 to €831,214
- Staff costs -€15,315
down €15,315 (-2.6%), from €592,171 to €576,856
- Taxes +€10,627
up €10,627 (+31.4%), from €33,830 to €44,457
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€112,845
Gross operating margin
+€19,585
Staff costs
+€15,315
Depreciation
-€2,962
Other operating charges
+€1,078
Other operating items
+€2,118
Financial income
-€21
Financial charges
+€6,084
Taxes
-€10,627
Result 2025
€143,415
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€150,334
Investment
-€45,716
Financing
-€38,176
Cash 2024
€126,700
From operations (derived)
+€150,334
Net result for the year
+€143,415
Depreciation
+€46,985
Stocks and contracts
-€32,922
Receivables within one year
-€52,499
Deferred charges and accrued income
-€1,906
Trade debts
-€17,615
Tax, wage and social debts
+€45,301
Other debts
+€19,572
Accrued charges and deferred income
+€1
Investment (derived)
-€45,716
Investment in fixed assets (net)
-€45,716
Financing
-€38,176
Debts after one year
-€47,448
Current portion of long-term debt
+€9,272
Contributions, distributions and other
-€0
Cash 2025
€193,142
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €855,435 | €1,007,934 | +€152,499 | +17.8% |
| Fixed assets | 21/28 | €446,449 | €445,180 | -€1,269 | -0.3% |
| Intangible fixed assets | 21 | €3,978 | €978 | -€3,000 | -75.4% |
| Tangible fixed assets | 22/27 | €142,471 | €144,202 | +€1,731 | +1.2% |
| Land and buildings | 22 | €10,356 | €8,292 | -€2,064 | -19.9% |
| Plant, machinery and equipment | 23 | €35,620 | €30,662 | -€4,958 | -13.9% |
| Furniture and vehicles | 24 | €91,062 | €100,439 | +€9,377 | +10.3% |
| Other tangible fixed assets | 26 | €5,433 | €4,809 | -€624 | -11.5% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €408,986 | €562,754 | +€153,768 | +37.6% |
| Stocks and contracts in progress | 3 | €110,000 | €142,922 | +€32,922 | +29.9% |
| Stocks | 30/36 | €110,000 | €142,922 | +€32,922 | +29.9% |
| Amounts receivable within one year | 40/41 | €157,151 | €209,650 | +€52,499 | +33.4% |
| Trade receivables | 40 | €87,633 | €107,505 | +€19,872 | +22.7% |
| Other amounts receivable | 41 | €69,518 | €102,145 | +€32,627 | +46.9% |
| Cash at bank and in hand | 54/58 | €126,700 | €193,142 | +€66,442 | +52.4% |
| Deferred charges and accrued income | 490/1 | €15,135 | €17,041 | +€1,906 | +12.6% |
| Total equity and liabilities | 10/49 | €855,435 | €1,007,934 | +€152,499 | +17.8% |
| Equity | 10/15 | €297,955 | €441,370 | +€143,415 | +48.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €247,955 | €391,370 | +€143,415 | +57.8% |
| Amounts payable | 17/49 | €557,480 | €566,564 | +€9,084 | +1.6% |
| Amounts payable after more than one year | 17 | €207,703 | €160,255 | -€47,448 | -22.8% |
| Financial debts | 170/4 | €207,703 | €160,255 | -€47,448 | -22.8% |
| Amounts payable within one year | 42/48 | €349,726 | €406,256 | +€56,530 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €67,464 | €76,736 | +€9,272 | +13.7% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €91,155 | €73,540 | -€17,615 | -19.3% |
| Suppliers | 440/4 | €91,155 | €73,540 | -€17,615 | -19.3% |
| Taxes, remuneration and social security | 45 | €29,041 | €74,342 | +€45,301 | +156% |
| Taxes | 450/3 | €12,359 | €32,546 | +€20,187 | +163% |
| Remuneration and social security | 454/9 | €16,682 | €41,797 | +€25,115 | +151% |
| Other amounts payable | 47/48 | €62,066 | €81,638 | +€19,572 | +31.5% |
| Accrued charges and deferred income | 492/3 | €51 | €52 | +€1 | +2.9% |
| Remuneration, social security and pensions | 62 | €592,171 | €576,856 | -€15,315 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,023 | €46,985 | +€2,962 | +6.7% |
| Other operating charges | 640/8 | €6,500 | €5,422 | -€1,078 | -16.6% |
| Non-recurring operating charges | 66A | €2,118 | - | -€2,118 | |
| Gross operating margin | 9900 | €811,629 | €831,214 | +€19,585 | +2.4% |
| Operating profit (loss) | 9901 | €166,817 | €201,951 | +€35,134 | +21.1% |
| Financial income | 75/76B | €92 | €71 | -€21 | -22.9% |
| Recurring financial income | 75 | €92 | €71 | -€21 | -22.9% |
| Financial charges | 65/66B | €20,234 | €14,150 | -€6,084 | -30.1% |
| Recurring financial charges | 65 | €20,234 | €14,150 | -€6,084 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €146,675 | €187,872 | +€41,197 | +28.1% |
| Income taxes | 67/77 | €33,830 | €44,457 | +€10,627 | +31.4% |
| Profit (loss) for the period | 9904 | €112,845 | €143,415 | +€30,570 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €112,845 | €143,415 | +€30,570 | +27.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.