A.B.C.: what changed
Two fiscal 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.C.
Largest movements
- Tangible fixed assets -€24,440
down €24,440 (-5.3%), from €457,629 to €433,189
of which Land and buildings: -€24,268
- Cash -€9,324
down €9,324 (-33.7%), from €27,665 to €18,341
mainly Net result for the year (-€17,284) and Debts after one year (-€12,572)
- Reserves -€13,096
down €13,096 (-7.0%), from €186,840 to €173,745
- Debts after one year -€12,572
down €12,572 (-6.1%), from €206,649 to €194,078
- Provisions -€6,743
down €6,743 (-7.0%), from €96,208 to €89,465
- Other operating charges -€1,167
down €1,167 (-34.4%), from €3,396 to €2,228
- Gross operating margin +€484
up €484 (+7.2%), from €6,739 to €7,223
- Financial charges -€272
down €272 (-5.3%), from €5,168 to €4,896
- Financial income -€265
down €265 (-45.8%), from €578 to €313
- Taxes -€78
no longer reported in 2025 (was €78)
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.
Cash bridge derived
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 | €491,869 | €455,548 | -€36,321 | -7.4% |
| Fixed assets | 21/28 | €457,629 | €433,189 | -€24,440 | -5.3% |
| Tangible fixed assets | 22/27 | €457,629 | €433,189 | -€24,440 | -5.3% |
| Land and buildings | 22 | €456,625 | €432,357 | -€24,268 | -5.3% |
| Furniture and vehicles | 24 | €1,004 | €832 | -€173 | -17.2% |
| Current assets | 29/58 | €34,240 | €22,359 | -€11,881 | -34.7% |
| Amounts receivable within one year | 40/41 | €6,574 | €3,148 | -€3,426 | -52.1% |
| Other amounts receivable | 41 | €6,574 | €3,148 | -€3,426 | -52.1% |
| Cash at bank and in hand | 54/58 | €27,665 | €18,341 | -€9,324 | -33.7% |
| Deferred charges and accrued income | 490/1 | - | €870 | +€870 | |
| Total equity and liabilities | 10/49 | €491,869 | €455,548 | -€36,321 | -7.4% |
| Equity | 10/15 | €175,911 | €158,626 | -€17,284 | -9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €186,840 | €173,745 | -€13,096 | -7.0% |
| Tax-exempt reserves | 132 | €186,840 | €173,745 | -€13,096 | -7.0% |
| Profit (loss) carried forward | 14 | -€29,530 | -€33,718 | -€4,188 | -14.2% |
| Provisions and deferred taxes | 16 | €96,208 | €89,465 | -€6,743 | -7.0% |
| Deferred taxes | 168 | €96,208 | €89,465 | -€6,743 | -7.0% |
| Amounts payable | 17/49 | €219,750 | €207,456 | -€12,294 | -5.6% |
| Amounts payable after more than one year | 17 | €206,649 | €194,078 | -€12,572 | -6.1% |
| Financial debts | 170/4 | €206,649 | €194,078 | -€12,572 | -6.1% |
| Amounts payable within one year | 42/48 | €12,294 | €12,572 | +€278 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €12,294 | €12,572 | +€278 | +2.3% |
| Accrued charges and deferred income | 492/3 | €807 | €807 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,440 | €24,440 | = | 0.0% |
| Other operating charges | 640/8 | €3,396 | €2,228 | -€1,167 | -34.4% |
| Gross operating margin | 9900 | €6,739 | €7,223 | +€484 | +7.2% |
| Operating profit (loss) | 9901 | -€21,097 | -€19,445 | +€1,652 | +7.8% |
| Financial income | 75/76B | €578 | €313 | -€265 | -45.8% |
| Recurring financial income | 75 | €578 | €313 | -€265 | -45.8% |
| Financial charges | 65/66B | €5,168 | €4,896 | -€272 | -5.3% |
| Recurring financial charges | 65 | €5,168 | €4,896 | -€272 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | -€25,686 | -€24,028 | +€1,659 | +6.5% |
| Transfer from deferred taxes | 780 | €6,743 | €6,743 | = | 0.0% |
| Income taxes | 67/77 | €78 | - | -€78 | |
| Profit (loss) for the period | 9904 | -€19,021 | -€17,284 | +€1,736 | +9.1% |
| Transfer from tax-exempt reserves | 789 | €13,096 | €13,096 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,925 | -€4,188 | +€1,736 | +29.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.