SN SABLON: 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.
SN SABLON
Largest movements
- Financial fixed assets -€60,000
down €60,000 (-97.2%), from €61,715 to €1,715
- Cash -€41,982
down €41,982 (-48.3%), from €86,885 to €44,903
mainly Net result for the year (-€113,028) and Tax, wage and social debts (-€9,593)
- Intangible fixed assets -€19,375
down €19,375 (-61.0%), from €31,743 to €12,368
- Deferred charges and accrued income +€5,048
up €5,048 (+250%), from €2,015 to €7,063
- Tangible fixed assets +€3,311
up €3,311 (+6.4%), from €51,375 to €54,686
of which Other tangible fixed assets: +€4,279
- Profit (loss) carried forward -€113,028
down €113,028, from €78,908 to -€34,120
- Tax, wage and social debts -€9,593
down €9,593 (-24.1%), from €39,808 to €30,215
of which Taxes: -€7,957
- Trade debts +€8,854
up €8,854 (+15.8%), from €55,884 to €64,739
- Gross operating margin -€194,847
down €194,847 (-50.5%), from €385,854 to €191,006
- Taxes -€17,905
down €17,905 (-100%), from €17,905 to €0
- Staff costs -€17,583
down €17,583 (-6.3%), from €277,158 to €259,574
- Financial charges -€4,938
down €4,938 (-27.0%), from €18,283 to €13,345
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 | €249,699 | €135,556 | -€114,143 | -45.7% |
| Fixed assets | 21/28 | €144,834 | €68,769 | -€76,064 | -52.5% |
| Intangible fixed assets | 21 | €31,743 | €12,368 | -€19,375 | -61.0% |
| Tangible fixed assets | 22/27 | €51,375 | €54,686 | +€3,311 | +6.4% |
| Plant, machinery and equipment | 23 | €6,627 | €5,524 | -€1,103 | -16.6% |
| Furniture and vehicles | 24 | €3,472 | €3,606 | +€134 | +3.9% |
| Other tangible fixed assets | 26 | €41,277 | €45,556 | +€4,279 | +10.4% |
| Financial fixed assets | 28 | €61,715 | €1,715 | -€60,000 | -97.2% |
| Current assets | 29/58 | €104,866 | €66,787 | -€38,078 | -36.3% |
| Stocks and contracts in progress | 3 | €10,964 | €9,392 | -€1,572 | -14.3% |
| Stocks | 30/36 | €10,964 | €9,392 | -€1,572 | -14.3% |
| Amounts receivable within one year | 40/41 | €5,001 | €5,430 | +€429 | +8.6% |
| Other amounts receivable | 41 | €5,001 | €5,430 | +€429 | +8.6% |
| Cash at bank and in hand | 54/58 | €86,885 | €44,903 | -€41,982 | -48.3% |
| Deferred charges and accrued income | 490/1 | €2,015 | €7,063 | +€5,048 | +250% |
| Total equity and liabilities | 10/49 | €249,699 | €135,556 | -€114,143 | -45.7% |
| Equity | 10/15 | €100,611 | -€12,758 | -€113,369 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,908 | -€34,120 | -€113,028 | |
| Investment grants | 15 | €1,703 | €1,362 | -€341 | -20.0% |
| Amounts payable | 17/49 | €149,088 | €148,315 | -€774 | -0.5% |
| Amounts payable within one year | 42/48 | €149,088 | €148,315 | -€774 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €3,396 | €3,360 | -€35 | -1.0% |
| Trade debts | 44 | €55,884 | €64,739 | +€8,854 | +15.8% |
| Suppliers | 440/4 | €55,884 | €64,739 | +€8,854 | +15.8% |
| Taxes, remuneration and social security | 45 | €39,808 | €30,215 | -€9,593 | -24.1% |
| Taxes | 450/3 | €13,585 | €5,628 | -€7,957 | -58.6% |
| Remuneration and social security | 454/9 | €26,223 | €24,588 | -€1,636 | -6.2% |
| Other amounts payable | 47/48 | €50,000 | €50,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €277,158 | €259,574 | -€17,583 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,982 | €30,195 | +€2,213 | +7.9% |
| Other operating charges | 640/8 | €2,549 | €3,096 | +€547 | +21.5% |
| Gross operating margin | 9900 | €385,854 | €191,006 | -€194,847 | -50.5% |
| Operating profit (loss) | 9901 | €78,165 | -€101,859 | -€180,024 | |
| Financial income | 75/76B | €353 | €2,176 | +€1,823 | +516% |
| Recurring financial income | 75 | €353 | €2,176 | +€1,823 | +516% |
| Financial charges | 65/66B | €18,283 | €13,345 | -€4,938 | -27.0% |
| Recurring financial charges | 65 | €18,283 | €13,345 | -€4,938 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €60,235 | -€113,028 | -€173,264 | |
| Income taxes | 67/77 | €17,905 | €0 | -€17,905 | -100% |
| Profit (loss) for the period | 9904 | €42,330 | -€113,028 | -€155,358 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,330 | -€113,028 | -€155,358 |
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.