A.B.C. LINE: 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.C. LINE
Largest movements
- Tangible fixed assets +€28,875
up €28,875 (+54.7%), from €52,746 to €81,620
of which Plant, machinery and equipment: +€32,413
- Cash -€17,604
down €17,604 (-15.7%), from €111,930 to €94,326
mainly Investment in fixed assets (net) (-€43,385) and Contributions, distributions and other (-€35,000)
- Other debts +€8,658
up €8,658 (+32.7%), from €26,486 to €35,144
- Tax, wage and social debts +€5,162
new in 2025: €5,162
- Trade debts -€3,285
down €3,285 (-31.8%), from €10,329 to €7,044
- Gross operating margin +€16,793
up €16,793 (+32.1%), from €52,389 to €69,181
- Depreciation +€6,990
up €6,990 (+93.0%), from €7,520 to €14,510
- Taxes +€2,860
up €2,860 (+30.7%), from €9,302 to €12,162
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 | €168,097 | €178,670 | +€10,573 | +6.3% |
| Fixed assets | 21/28 | €52,746 | €81,620 | +€28,875 | +54.7% |
| Tangible fixed assets | 22/27 | €52,746 | €81,620 | +€28,875 | +54.7% |
| Land and buildings | 22 | €27,525 | €23,987 | -€3,538 | -12.9% |
| Plant, machinery and equipment | 23 | €25,220 | €57,633 | +€32,413 | +129% |
| Current assets | 29/58 | €115,351 | €97,049 | -€18,302 | -15.9% |
| Amounts receivable within one year | 40/41 | €721 | €23 | -€698 | -96.8% |
| Other amounts receivable | 41 | €721 | €23 | -€698 | -96.8% |
| Cash at bank and in hand | 54/58 | €111,930 | €94,326 | -€17,604 | -15.7% |
| Deferred charges and accrued income | 490/1 | €2,700 | €2,700 | = | 0.0% |
| Total equity and liabilities | 10/49 | €168,097 | €178,670 | +€10,573 | +6.3% |
| Equity | 10/15 | €125,682 | €125,720 | +€38 | 0.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,482 | €57,520 | +€38 | +0.1% |
| Amounts payable | 17/49 | €42,415 | €52,950 | +€10,535 | +24.8% |
| Amounts payable after more than one year | 17 | €5,600 | €5,600 | = | 0.0% |
| Other amounts payable | 178/9 | €5,600 | €5,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €36,815 | €47,350 | +€10,535 | +28.6% |
| Trade debts | 44 | €10,329 | €7,044 | -€3,285 | -31.8% |
| Suppliers | 440/4 | €10,329 | €7,044 | -€3,285 | -31.8% |
| Taxes, remuneration and social security | 45 | - | €5,162 | +€5,162 | |
| Taxes | 450/3 | - | €5,162 | +€5,162 | |
| Other amounts payable | 47/48 | €26,486 | €35,144 | +€8,658 | +32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,520 | €14,510 | +€6,990 | +93.0% |
| Other operating charges | 640/8 | €7,584 | €7,396 | -€187 | -2.5% |
| Gross operating margin | 9900 | €52,389 | €69,181 | +€16,793 | +32.1% |
| Operating profit (loss) | 9901 | €37,285 | €47,275 | +€9,990 | +26.8% |
| Financial charges | 65/66B | €75 | €75 | -€0 | -0.6% |
| Recurring financial charges | 65 | €75 | €75 | -€0 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €37,210 | €47,200 | +€9,990 | +26.8% |
| Income taxes | 67/77 | €9,302 | €12,162 | +€2,860 | +30.7% |
| Profit (loss) for the period | 9904 | €27,907 | €35,038 | +€7,131 | +25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,907 | €35,038 | +€7,131 | +25.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.