SBABS: 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.
SBABS
Largest movements
- Receivables within one year +€78,328
up €78,328 (+65.2%), from €120,112 to €198,441
of which Trade receivables: +€85,250
- Intangible fixed assets -€7,119
down €7,119 (-16.7%), from €42,716 to €35,597
- Other debts +€65,422
up €65,422 (+37.2%), from €176,027 to €241,449
- Trade debts +€4,258
up €4,258 (+489%), from €871 to €5,130
- Gross operating margin -€12,778
down €12,778 (-10.3%), from €124,244 to €111,466
- Taxes -€2,649
down €2,649 (-9.2%), from €28,703 to €26,053
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €216,835 | €287,844 | +€71,009 | +32.7% |
| Fixed assets | 21/28 | €43,116 | €36,973 | -€6,143 | -14.2% |
| Intangible fixed assets | 21 | €42,716 | €35,597 | -€7,119 | -16.7% |
| Financial fixed assets | 28 | €400 | €1,376 | +€976 | +244% |
| Current assets | 29/58 | €173,719 | €250,871 | +€77,152 | +44.4% |
| Amounts receivable within one year | 40/41 | €120,112 | €198,441 | +€78,328 | +65.2% |
| Trade receivables | 40 | €112,998 | €198,248 | +€85,250 | +75.4% |
| Other amounts receivable | 41 | €7,114 | €193 | -€6,921 | -97.3% |
| Current investments | 50/53 | €50,000 | €50,342 | +€343 | +0.7% |
| Cash at bank and in hand | 54/58 | €3,607 | €2,088 | -€1,519 | -42.1% |
| Total equity and liabilities | 10/49 | €216,835 | €287,844 | +€71,009 | +32.7% |
| Equity | 10/15 | €36,027 | €36,027 | +€0 | 0.0% |
| Contributions | 10/11 | €34,100 | €34,100 | = | 0.0% |
| Reserves | 13 | €1,927 | €1,927 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,926 | €1,926 | = | 0.0% |
| Other | 1319 | €1,926 | €1,926 | = | 0.0% |
| Distributable reserves | 133 | €1 | €1 | +€0 | +12.1% |
| Amounts payable | 17/49 | €180,808 | €251,817 | +€71,009 | +39.3% |
| Amounts payable within one year | 42/48 | €180,808 | €251,817 | +€71,009 | +39.3% |
| Trade debts | 44 | €871 | €5,130 | +€4,258 | +489% |
| Suppliers | 440/4 | €871 | €5,130 | +€4,258 | +489% |
| Taxes, remuneration and social security | 45 | €3,910 | €5,238 | +€1,328 | +34.0% |
| Taxes | 450/3 | €3,910 | €5,238 | +€1,328 | +34.0% |
| Other amounts payable | 47/48 | €176,027 | €241,449 | +€65,422 | +37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,244 | €7,119 | -€125 | -1.7% |
| Other operating charges | 640/8 | €399 | €400 | +€1 | +0.2% |
| Gross operating margin | 9900 | €124,244 | €111,466 | -€12,778 | -10.3% |
| Operating profit (loss) | 9901 | €116,601 | €103,947 | -€12,654 | -10.9% |
| Financial income | 75/76B | - | €343 | +€343 | |
| Recurring financial income | 75 | - | €343 | +€343 | |
| Financial charges | 65/66B | €40 | €76 | +€36 | +90.6% |
| Recurring financial charges | 65 | €40 | €76 | +€36 | +90.6% |
| Profit (loss) for the period before taxes | 9903 | €116,561 | €104,214 | -€12,348 | -10.6% |
| Income taxes | 67/77 | €28,703 | €26,053 | -€2,649 | -9.2% |
| Profit (loss) for the period | 9904 | €87,859 | €78,160 | -€9,698 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €87,859 | €78,160 | -€9,698 | -11.0% |
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 14 October 2026 via checked.be.