A B C - NET: 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 - NET
Largest movements
- Tangible fixed assets +€10,616
up €10,616 (+138.0%), from €7,690 to €18,306
of which Furniture and vehicles: +€11,333
- Receivables within one year +€5,755
up €5,755 (+7.6%), from €76,048 to €81,804
of which Trade receivables: +€4,114
- Cash -€4,038
down €4,038 (-32.9%), from €12,275 to €8,237
mainly Investment in fixed assets (net) (-€20,437) and Receivables within one year (-€5,755)
- Deferred charges and accrued income -€1,329
down €1,329 (-23.2%), from €5,732 to €4,402
- Debts after one year +€11,067
up €11,067 (+328.7%), from €3,367 to €14,434
- Reserves +€8,224
up €8,224 (+24.7%), from €33,283 to €41,507
of which Distributable reserves: +€8,224
- Short-term financial debts -€5,000
no longer reported in 2025 (was €5,000)
- Trade debts -€2,363
down €2,363 (-11.9%), from €19,915 to €17,552
- Other debts -€2,000
no longer reported in 2025 (was €2,000)
- Gross operating margin -€12,586
down €12,586 (-31.2%), from €40,362 to €27,777
- Taxes -€4,138
down €4,138 (-46.0%), from €8,990 to €4,852
- Depreciation +€2,819
up €2,819 (+40.3%), from €7,002 to €9,821
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 | €101,745 | €112,749 | +€11,004 | +10.8% |
| Fixed assets | 21/28 | €7,690 | €18,306 | +€10,616 | +138.0% |
| Tangible fixed assets | 22/27 | €7,690 | €18,306 | +€10,616 | +138.0% |
| Plant, machinery and equipment | 23 | €1,553 | €836 | -€717 | -46.2% |
| Furniture and vehicles | 24 | €6,137 | €17,469 | +€11,333 | +184.7% |
| Other tangible fixed assets | 26 | €0 | - | -€0 | |
| Current assets | 29/58 | €94,055 | €94,443 | +€388 | +0.4% |
| Amounts receivable within one year | 40/41 | €76,048 | €81,804 | +€5,755 | +7.6% |
| Trade receivables | 40 | €69,137 | €73,252 | +€4,114 | +6.0% |
| Other amounts receivable | 41 | €6,911 | €8,552 | +€1,641 | +23.7% |
| Cash at bank and in hand | 54/58 | €12,275 | €8,237 | -€4,038 | -32.9% |
| Deferred charges and accrued income | 490/1 | €5,732 | €4,402 | -€1,329 | -23.2% |
| Total equity and liabilities | 10/49 | €101,745 | €112,749 | +€11,004 | +10.8% |
| Equity | 10/15 | €51,875 | €60,099 | +€8,224 | +15.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €33,283 | €41,507 | +€8,224 | +24.7% |
| Tax-exempt reserves | 132 | €5,750 | €5,750 | = | 0.0% |
| Distributable reserves | 133 | €27,533 | €35,757 | +€8,224 | +29.9% |
| Amounts payable | 17/49 | €49,870 | €52,650 | +€2,780 | +5.6% |
| Amounts payable after more than one year | 17 | €3,367 | €14,434 | +€11,067 | +328.7% |
| Financial debts | 170/4 | €3,367 | €14,434 | +€11,067 | +328.7% |
| Amounts payable within one year | 42/48 | €45,783 | €38,216 | -€7,567 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €6,654 | €7,206 | +€552 | +8.3% |
| Financial debts | 43 | €5,000 | - | -€5,000 | |
| Credit institutions | 430/8 | €5,000 | - | -€5,000 | |
| Trade debts | 44 | €19,915 | €17,552 | -€2,363 | -11.9% |
| Suppliers | 440/4 | €19,915 | €17,552 | -€2,363 | -11.9% |
| Taxes, remuneration and social security | 45 | €12,215 | €13,459 | +€1,244 | +10.2% |
| Taxes | 450/3 | €12,215 | €10,644 | -€1,571 | -12.9% |
| Remuneration and social security | 454/9 | - | €2,815 | +€2,815 | |
| Other amounts payable | 47/48 | €2,000 | - | -€2,000 | |
| Accrued charges and deferred income | 492/3 | €720 | - | -€720 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,002 | €9,821 | +€2,819 | +40.3% |
| Other operating charges | 640/8 | €2,896 | €3,292 | +€396 | +13.7% |
| Gross operating margin | 9900 | €40,362 | €27,777 | -€12,586 | -31.2% |
| Operating profit (loss) | 9901 | €30,464 | €14,663 | -€15,801 | -51.9% |
| Financial income | 75/76B | €0 | €99 | +€99 | +49385.0% |
| Recurring financial income | 75 | €0 | €99 | +€99 | +49385.0% |
| Financial charges | 65/66B | €1,415 | €1,686 | +€271 | +19.2% |
| Recurring financial charges | 65 | €1,415 | €1,686 | +€271 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €29,049 | €13,076 | -€15,973 | -55.0% |
| Income taxes | 67/77 | €8,990 | €4,852 | -€4,138 | -46.0% |
| Profit (loss) for the period | 9904 | €20,060 | €8,224 | -€11,835 | -59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,060 | €8,224 | -€11,835 | -59.0% |
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 4 October 2026 via checked.be.