A.B.A.-FACTORING: 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.
A.B.A.-FACTORING
Largest movements
- Receivables within one year +€1.1m
up €1.1m (+23.4%), from €4.6m to €5.6m
of which Trade receivables: +€1.0m
- Cash -€470,545
down €470,545 (-66.8%), from €704,397 to €233,852
mainly Receivables within one year (-€1.1m) and Debts after one year (-€240,000)
- Reserves +€386,824
up €386,824 (+11.0%), from €3.5m to €3.9m
of which Distributable reserves: +€386,824
- Debts after one year -€240,000
down €240,000 (-100%), from €240,000 to €0
- Short-term financial debts +€200,000
up €200,000 (+20.0%), from €1.0m to €1.2m
- Trade debts +€195,901
up €195,901 (+52.9%), from €370,183 to €566,084
- Gross operating margin +€254,364
up €254,364 (+45.6%), from €557,618 to €811,982
- Taxes +€72,582
up €72,582 (+125%), from €58,288 to €130,870
- Financial charges -€37,648
down €37,648 (-30.2%), from €124,603 to €86,956
- Staff costs +€21,025
up €21,025 (+15.2%), from €138,539 to €159,564
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 | €5,359,712 | €5,955,914 | +€596,202 | +11.1% |
| Fixed assets | 21/28 | €89,158 | €87,577 | -€1,581 | -1.8% |
| Tangible fixed assets | 22/27 | €84,239 | €82,657 | -€1,581 | -1.9% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €84,239 | €75,839 | -€8,400 | -10.0% |
| Furniture and vehicles | 24 | - | €6,818 | +€6,818 | |
| Financial fixed assets | 28 | €4,919 | €4,919 | = | 0.0% |
| Current assets | 29/58 | €5,270,554 | €5,868,338 | +€597,784 | +11.3% |
| Amounts receivable within one year | 40/41 | €4,560,385 | €5,628,149 | +€1.1m | +23.4% |
| Trade receivables | 40 | €4,500,966 | €5,540,558 | +€1.0m | +23.1% |
| Other amounts receivable | 41 | €59,419 | €87,591 | +€28,172 | +47.4% |
| Cash at bank and in hand | 54/58 | €704,397 | €233,852 | -€470,545 | -66.8% |
| Deferred charges and accrued income | 490/1 | €5,772 | €6,337 | +€565 | +9.8% |
| Total equity and liabilities | 10/49 | €5,359,712 | €5,955,914 | +€596,202 | +11.1% |
| Equity | 10/15 | €3,697,857 | €4,084,681 | +€386,824 | +10.5% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Reserves | 13 | €3,517,857 | €3,904,681 | +€386,824 | +11.0% |
| Non-distributable reserves | 130/1 | €277 | €277 | = | 0.0% |
| Reserves not available under the articles | 1311 | €277 | €277 | = | 0.0% |
| Tax-exempt reserves | 132 | €41,513 | €41,513 | = | 0.0% |
| Distributable reserves | 133 | €3,476,066 | €3,862,890 | +€386,824 | +11.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,661,855 | €1,871,233 | +€209,378 | +12.6% |
| Amounts payable after more than one year | 17 | €240,000 | €0 | -€240,000 | -100% |
| Financial debts | 170/4 | €240,000 | €0 | -€240,000 | -100% |
| Amounts payable within one year | 42/48 | €1,400,600 | €1,825,633 | +€425,034 | +30.3% |
| Financial debts | 43 | €1,000,000 | €1,200,000 | +€200,000 | +20.0% |
| Credit institutions | 430/8 | €1,000,000 | €1,200,000 | +€200,000 | +20.0% |
| Trade debts | 44 | €370,183 | €566,084 | +€195,901 | +52.9% |
| Suppliers | 440/4 | €370,183 | €566,084 | +€195,901 | +52.9% |
| Taxes, remuneration and social security | 45 | €26,347 | €55,850 | +€29,503 | +112% |
| Taxes | 450/3 | €247 | €25,123 | +€24,876 | +10,059% |
| Remuneration and social security | 454/9 | €26,100 | €30,726 | +€4,627 | +17.7% |
| Other amounts payable | 47/48 | €4,070 | €3,700 | -€370 | -9.1% |
| Accrued charges and deferred income | 492/3 | €21,255 | €45,600 | +€24,345 | +115% |
| Non-recurring operating income | 76A | €9,595 | €228 | -€9,367 | -97.6% |
| Remuneration, social security and pensions | 62 | €138,539 | €159,564 | +€21,025 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,057 | €39,893 | -€4,164 | -9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €681 | €1,143 | +€462 | +67.8% |
| Non-recurring operating charges | 66A | €21,439 | €3,408 | -€18,031 | -84.1% |
| Gross operating margin | 9900 | €557,618 | €811,982 | +€254,364 | +45.6% |
| Operating profit (loss) | 9901 | €352,902 | €607,975 | +€255,073 | +72.3% |
| Financial income | 75/76B | €637 | €375 | -€262 | -41.2% |
| Recurring financial income | 75 | €637 | €375 | -€262 | -41.2% |
| Financial charges | 65/66B | €124,603 | €86,956 | -€37,648 | -30.2% |
| Recurring financial charges | 65 | €124,603 | €86,956 | -€37,648 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €228,936 | €521,394 | +€292,458 | +128% |
| Income taxes | 67/77 | €58,288 | €130,870 | +€72,582 | +125% |
| Profit (loss) for the period | 9904 | €170,648 | €390,524 | +€219,876 | +129% |
| Profit (loss) for the period to be appropriated | 9905 | €170,648 | €390,524 | +€219,876 | +129% |
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 26 October 2026 via checked.be.