A.B.A.T.: 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.
What changed
A.B.A.T.
NACE 43.120, Site preparation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€4,603
2024 · -€40,006+€35,403
Equity
€516,226
2024 · €520,829-€4,603
Cash
€158,070
2024 · €163,184-€5,115
Balance sheet total
€583,989
2024 · €614,374-€30,386
Largest movements
Assets
- Tangible fixed assets -€23,845
down €23,845 (-50.2%), from €47,493 to €23,649
of which Leasing and similar rights: -€27,378
Equity and liabilities
- Current portion of long-term debt -€9,332
down €9,332 (-60.0%), from €15,552 to €6,220
- Trade debts -€8,669
down €8,669 (-21.1%), from €41,149 to €32,481
- Debts after one year -€7,456
down €7,456 (-100%), from €7,456 to €0
Income statement
- Gross operating margin +€82,832
up €82,832 (+23.9%), from €346,510 to €429,342
- Staff costs +€55,806
up €55,806 (+16.1%), from €346,390 to €402,197
- Other operating charges -€5,950
down €5,950 (-51.6%), from €11,536 to €5,585
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.
Result 2024
-€40,006
Gross operating margin
+€82,832
Staff costs
-€55,806
Depreciation
+€696
Other operating charges
+€5,950
Other operating items
-€1,487
Financial income
+€3,461
Financial charges
-€352
Taxes
+€109
Result 2025
-€4,603
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€12,257
Investment
-€577
Financing
-€16,794
Cash 2024
€163,184
From operations (derived)
+€12,257
Net result for the year
-€4,603
Depreciation
+€25,909
Receivables within one year
+€1,678
Deferred charges and accrued income
-€1,738
Trade debts
-€8,669
Tax, wage and social debts
-€321
Investment (derived)
-€577
Investment in fixed assets (net)
-€577
Financing
-€16,794
Debts after one year
-€7,456
Current portion of long-term debt
-€9,332
Short-term financial debts
-€6
Cash 2025
€158,070
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €614,374 | €583,989 | -€30,386 | -4.9% |
| Fixed assets | 21/28 | €48,981 | €23,649 | -€25,332 | -51.7% |
| Tangible fixed assets | 22/27 | €47,493 | €23,649 | -€23,845 | -50.2% |
| Plant, machinery and equipment | 23 | €8,171 | €5,893 | -€2,277 | -27.9% |
| Furniture and vehicles | 24 | €5,677 | €11,488 | +€5,811 | +102% |
| Leasing and similar rights | 25 | €33,645 | €6,267 | -€27,378 | -81.4% |
| Financial fixed assets | 28 | €1,487 | €0 | -€1,487 | -100% |
| Current assets | 29/58 | €565,394 | €560,340 | -€5,054 | -0.9% |
| Amounts receivable within one year | 40/41 | €392,442 | €390,765 | -€1,678 | -0.4% |
| Trade receivables | 40 | €234,965 | €226,739 | -€8,226 | -3.5% |
| Other amounts receivable | 41 | €157,477 | €164,025 | +€6,548 | +4.2% |
| Cash at bank and in hand | 54/58 | €163,184 | €158,070 | -€5,115 | -3.1% |
| Deferred charges and accrued income | 490/1 | €9,767 | €11,506 | +€1,738 | +17.8% |
| Total equity and liabilities | 10/49 | €614,374 | €583,989 | -€30,386 | -4.9% |
| Equity | 10/15 | €520,829 | €516,226 | -€4,603 | -0.9% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €501,983 | €501,983 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €501,983 | €501,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€986 | -€5,588 | -€4,603 | -467% |
| Amounts payable | 17/49 | €93,546 | €67,762 | -€25,783 | -27.6% |
| Amounts payable after more than one year | 17 | €7,456 | €0 | -€7,456 | -100% |
| Financial debts | 170/4 | €7,456 | €0 | -€7,456 | -100% |
| Amounts payable within one year | 42/48 | €86,090 | €67,762 | -€18,327 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €15,552 | €6,220 | -€9,332 | -60.0% |
| Financial debts | 43 | €6 | €0 | -€6 | -100% |
| Credit institutions | 430/8 | €6 | €0 | -€6 | -100% |
| Trade debts | 44 | €41,149 | €32,481 | -€8,669 | -21.1% |
| Suppliers | 440/4 | €41,149 | €32,481 | -€8,669 | -21.1% |
| Taxes, remuneration and social security | 45 | €29,382 | €29,062 | -€321 | -1.1% |
| Taxes | 450/3 | €923 | €1,837 | +€914 | +99.0% |
| Remuneration and social security | 454/9 | €28,459 | €27,225 | -€1,234 | -4.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €413 | €0 | -€413 | -100% |
| Remuneration, social security and pensions | 62 | €346,390 | €402,197 | +€55,806 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,606 | €25,909 | -€696 | -2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €11,536 | €5,585 | -€5,950 | -51.6% |
| Non-recurring operating charges | 66A | €0 | €1,487 | +€1,487 | |
| Gross operating margin | 9900 | €346,510 | €429,342 | +€82,832 | +23.9% |
| Operating profit (loss) | 9901 | -€38,022 | -€5,836 | +€32,186 | +84.7% |
| Financial income | 75/76B | €30 | €3,491 | +€3,461 | +11,666% |
| Recurring financial income | 75 | €30 | €3,491 | +€3,461 | +11,666% |
| Financial charges | 65/66B | €1,683 | €2,035 | +€352 | +20.9% |
| Recurring financial charges | 65 | €1,683 | €2,035 | +€352 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | -€39,675 | -€4,380 | +€35,295 | +89.0% |
| Income taxes | 67/77 | €331 | €222 | -€109 | -32.8% |
| Profit (loss) for the period | 9904 | -€40,006 | -€4,603 | +€35,403 | +88.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,006 | -€4,603 | +€35,403 | +88.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.