A.B. Deluxe: what changed
A.B. Deluxe
Largest movements
- Receivables within one year -€41,646
down €41,646 (-30.1%), from €138,485 to €96,839
of which Trade receivables: -€44,361
- Tangible fixed assets -€6,924
down €6,924 (-52.3%), from €13,246 to €6,322
of which Furniture and vehicles: -€6,817
- Cash +€2,969
up €2,969 (+24.9%), from €11,920 to €14,889
mainly Receivables within one year (+€41,646) and Depreciation (+€6,924)
- Deferred charges and accrued income -€1,828
down €1,828 (-55.9%), from €3,273 to €1,445
- Trade debts -€41,036
down €41,036 (-61.7%), from €66,537 to €25,501
- Reserves -€4,289
down €4,289 (-17.1%), from €25,153 to €20,864
of which Distributable reserves: -€2,389
- Gross operating margin -€21,132
down €21,132 (-67.6%), from €31,264 to €10,132
- Taxes -€5,410
down €5,410 (-82.3%), from €6,571 to €1,161
- Other operating charges -€943
down €943 (-27.2%), from €3,464 to €2,521
- Financial income -€494
down €494 (-67.6%), from €731 to €237
- Financial charges +€418
up €418 (+11.5%), from €3,634 to €4,052
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,436 | €123,697 | -€46,739 | -27.4% |
| Fixed assets | 21/28 | €13,246 | €6,322 | -€6,924 | -52.3% |
| Tangible fixed assets | 22/27 | €13,246 | €6,322 | -€6,924 | -52.3% |
| Plant, machinery and equipment | 23 | €322 | €215 | -€107 | -33.2% |
| Furniture and vehicles | 24 | €12,924 | €6,107 | -€6,817 | -52.7% |
| Current assets | 29/58 | €157,190 | €117,375 | -€39,815 | -25.3% |
| Stocks and contracts in progress | 3 | €3,512 | €4,202 | +€690 | +19.6% |
| Stocks | 30/36 | €3,512 | €4,202 | +€690 | +19.6% |
| Amounts receivable within one year | 40/41 | €138,485 | €96,839 | -€41,646 | -30.1% |
| Trade receivables | 40 | €93,773 | €49,412 | -€44,361 | -47.3% |
| Other amounts receivable | 41 | €44,712 | €47,427 | +€2,715 | +6.1% |
| Cash at bank and in hand | 54/58 | €11,920 | €14,889 | +€2,969 | +24.9% |
| Deferred charges and accrued income | 490/1 | €3,273 | €1,445 | -€1,828 | -55.9% |
| Total equity and liabilities | 10/49 | €170,436 | €123,697 | -€46,739 | -27.4% |
| Equity | 10/15 | €44,153 | €39,864 | -€4,289 | -9.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €25,153 | €20,864 | -€4,289 | -17.1% |
| Non-distributable reserves | 130/1 | €1,900 | - | -€1,900 | |
| Reserves not available under the articles | 1311 | €1,900 | - | -€1,900 | |
| Distributable reserves | 133 | €23,253 | €20,864 | -€2,389 | -10.3% |
| Amounts payable | 17/49 | €126,283 | €83,833 | -€42,450 | -33.6% |
| Amounts payable within one year | 42/48 | €126,283 | €83,833 | -€42,450 | -33.6% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €66,537 | €25,501 | -€41,036 | -61.7% |
| Suppliers | 440/4 | €66,537 | €25,501 | -€41,036 | -61.7% |
| Taxes, remuneration and social security | 45 | €9,746 | €8,332 | -€1,414 | -14.5% |
| Taxes | 450/3 | €9,746 | €8,332 | -€1,414 | -14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,815 | €6,924 | +€109 | +1.6% |
| Other operating charges | 640/8 | €3,464 | €2,521 | -€943 | -27.2% |
| Gross operating margin | 9900 | €31,264 | €10,132 | -€21,132 | -67.6% |
| Operating profit (loss) | 9901 | €20,985 | €687 | -€20,298 | -96.7% |
| Financial income | 75/76B | €731 | €237 | -€494 | -67.6% |
| Recurring financial income | 75 | €731 | €237 | -€494 | -67.6% |
| Financial charges | 65/66B | €3,634 | €4,052 | +€418 | +11.5% |
| Recurring financial charges | 65 | €3,634 | €4,052 | +€418 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €18,082 | -€3,128 | -€21,210 | |
| Income taxes | 67/77 | €6,571 | €1,161 | -€5,410 | -82.3% |
| Profit (loss) for the period | 9904 | €11,511 | -€4,289 | -€15,800 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,511 | -€4,289 | -€15,800 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.