SBA MEDITERRANEE: 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.
SBA MEDITERRANEE
Largest movements
- Receivables within one year -€22,154
down €22,154 (-30.2%), from €73,298 to €51,144
of which Trade receivables: -€14,226
- Stocks and contracts -€6,607
down €6,607 (-84.0%), from €7,868 to €1,261
- Cash -€2,001
down €2,001 (-61.2%), from €3,271 to €1,270
mainly Trade debts (-€15,161) and Net result for the year (-€13,625)
- Trade debts -€15,161
down €15,161 (-55.7%), from €27,230 to €12,069
- Profit (loss) carried forward -€13,625
down €13,625 (-54.6%), from €24,960 to €11,335
- Debts after one year -€7,188
down €7,188 (-22.3%), from €32,213 to €25,024
- Tax, wage and social debts +€6,088
up €6,088 (+30.1%), from €20,237 to €26,325
of which Remuneration and social security: +€6,379
- Staff costs +€9,298
up €9,298 (+25.1%), from €36,999 to €46,298
- Gross operating margin -€7,066
down €7,066 (-15.7%), from €45,012 to €37,946
- Depreciation +€859
up €859 (+31.4%), from €2,736 to €3,596
- Taxes -€787
down €787 (-85.7%), from €919 to €132
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 | €112,699 | €82,813 | -€29,886 | -26.5% |
| Formation expenses | 20 | €10,000 | €10,000 | = | 0.0% |
| Fixed assets | 21/28 | €17,904 | €18,838 | +€934 | +5.2% |
| Tangible fixed assets | 22/27 | €17,904 | €18,838 | +€934 | +5.2% |
| Furniture and vehicles | 24 | €2,361 | €1,601 | -€760 | -32.2% |
| Other tangible fixed assets | 26 | €15,544 | €17,237 | +€1,694 | +10.9% |
| Current assets | 29/58 | €84,795 | €53,975 | -€30,820 | -36.3% |
| Stocks and contracts in progress | 3 | €7,868 | €1,261 | -€6,607 | -84.0% |
| Stocks | 30/36 | €7,868 | €1,261 | -€6,607 | -84.0% |
| Amounts receivable within one year | 40/41 | €73,298 | €51,144 | -€22,154 | -30.2% |
| Trade receivables | 40 | €56,138 | €41,912 | -€14,226 | -25.3% |
| Other amounts receivable | 41 | €17,160 | €9,232 | -€7,928 | -46.2% |
| Cash at bank and in hand | 54/58 | €3,271 | €1,270 | -€2,001 | -61.2% |
| Deferred charges and accrued income | 490/1 | €358 | €299 | -€59 | -16.4% |
| Total equity and liabilities | 10/49 | €112,699 | €82,813 | -€29,886 | -26.5% |
| Equity | 10/15 | €33,020 | €19,395 | -€13,625 | -41.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,960 | €11,335 | -€13,625 | -54.6% |
| Amounts payable | 17/49 | €79,679 | €63,418 | -€16,261 | -20.4% |
| Amounts payable after more than one year | 17 | €32,213 | €25,024 | -€7,188 | -22.3% |
| Financial debts | 170/4 | €32,213 | €25,024 | -€7,188 | -22.3% |
| Amounts payable within one year | 42/48 | €47,466 | €38,394 | -€9,073 | -19.1% |
| Trade debts | 44 | €27,230 | €12,069 | -€15,161 | -55.7% |
| Suppliers | 440/4 | €27,230 | €12,069 | -€15,161 | -55.7% |
| Taxes, remuneration and social security | 45 | €20,237 | €26,325 | +€6,088 | +30.1% |
| Taxes | 450/3 | €2,760 | €2,469 | -€291 | -10.5% |
| Remuneration and social security | 454/9 | €17,477 | €23,856 | +€6,379 | +36.5% |
| Remuneration, social security and pensions | 62 | €36,999 | €46,298 | +€9,298 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,736 | €3,596 | +€859 | +31.4% |
| Other operating charges | 640/8 | €1,448 | €1,192 | -€256 | -17.7% |
| Gross operating margin | 9900 | €45,012 | €37,946 | -€7,066 | -15.7% |
| Operating profit (loss) | 9901 | €3,828 | -€13,140 | -€16,968 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €65 | €353 | +€288 | +441% |
| Recurring financial charges | 65 | €65 | €353 | +€288 | +441% |
| Profit (loss) for the period before taxes | 9903 | €3,763 | -€13,493 | -€17,256 | |
| Income taxes | 67/77 | €919 | €132 | -€787 | -85.7% |
| Profit (loss) for the period | 9904 | €2,844 | -€13,625 | -€16,469 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,844 | -€13,625 | -€16,469 |
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 23 October 2026 via checked.be.