A.B. DIFFUSION: 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. DIFFUSION
Largest movements
- Stocks and contracts +€164,390
up €164,390 (+39.1%), from €419,958 to €584,348
- Tangible fixed assets -€121,737
down €121,737 (-7.6%), from €1.6m to €1.5m
of which Plant, machinery and equipment: -€70,796
- Cash +€61,686
up €61,686 (+353.0%), from €17,476 to €79,162
mainly Short-term financial debts (+€200,000) and Contributions, distributions and other (+€191,594)
- Other debts -€478,022
down €478,022 (-47.8%), from €999,557 to €521,535
- Profit (loss) carried forward +€345,470
up €345,470, from -€112,286 to €233,184
- Short-term financial debts +€200,000
new in 2025: €200,000
- Tax, wage and social debts +€107,137
up €107,137 (+1505.4%), from €7,117 to €114,254
of which Taxes: +€106,533
- Reserves -€84,575
down €84,575 (-10.3%), from €821,208 to €736,633
of which Tax-exempt reserves: -€86,435
- Gross operating margin +€131,461
up €131,461 (+49.5%), from €265,772 to €397,232
- Taxes +€46,865
up €46,865 (+30191.0%), from €155 to €47,021
- Staff costs -€19,130
down €19,130 (-29.2%), from €65,492 to €46,362
- Financial charges -€12,224
down €12,224 (-95.4%), from €12,810 to €586
- Other operating charges +€8,925
up €8,925 (+16.9%), from €52,859 to €61,785
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 | €2,040,509 | €2,163,489 | +€122,979 | +6.0% |
| Fixed assets | 21/28 | €1,601,845 | €1,480,109 | -€121,737 | -7.6% |
| Tangible fixed assets | 22/27 | €1,601,845 | €1,480,109 | -€121,737 | -7.6% |
| Land and buildings | 22 | €1,002,856 | €991,619 | -€11,237 | -1.1% |
| Plant, machinery and equipment | 23 | €514,706 | €443,910 | -€70,796 | -13.8% |
| Furniture and vehicles | 24 | €84,283 | €44,579 | -€39,703 | -47.1% |
| Current assets | 29/58 | €438,664 | €683,380 | +€244,716 | +55.8% |
| Stocks and contracts in progress | 3 | €419,958 | €584,348 | +€164,390 | +39.1% |
| Stocks | 30/36 | €419,958 | €584,348 | +€164,390 | +39.1% |
| Cash at bank and in hand | 54/58 | €17,476 | €79,162 | +€61,686 | +353.0% |
| Deferred charges and accrued income | 490/1 | €1,230 | €19,870 | +€18,640 | +1515.4% |
| Total equity and liabilities | 10/49 | €2,040,509 | €2,163,489 | +€122,979 | +6.0% |
| Equity | 10/15 | €727,513 | €1,007,008 | +€279,495 | +38.4% |
| Contributions | 10/11 | €18,592 | €37,192 | +€18,600 | +100.0% |
| Reserves | 13 | €821,208 | €736,633 | -€84,575 | -10.3% |
| Tax-exempt reserves | 132 | €771,348 | €684,913 | -€86,435 | -11.2% |
| Distributable reserves | 133 | €49,859 | €51,719 | +€1,860 | +3.7% |
| Profit (loss) carried forward | 14 | -€112,286 | €233,184 | +€345,470 | |
| Provisions and deferred taxes | 16 | €257,116 | €228,304 | -€28,812 | -11.2% |
| Deferred taxes | 168 | €257,116 | €228,304 | -€28,812 | -11.2% |
| Amounts payable | 17/49 | €1,055,880 | €928,176 | -€127,704 | -12.1% |
| Amounts payable within one year | 42/48 | €1,055,880 | €928,176 | -€127,704 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €39,502 | €46,922 | +€7,420 | +18.8% |
| Financial debts | 43 | - | €200,000 | +€200,000 | |
| Credit institutions | 430/8 | - | €200,000 | +€200,000 | |
| Trade debts | 44 | €9,704 | €45,465 | +€35,760 | +368.5% |
| Suppliers | 440/4 | €9,704 | €45,465 | +€35,760 | +368.5% |
| Taxes, remuneration and social security | 45 | €7,117 | €114,254 | +€107,137 | +1505.4% |
| Taxes | 450/3 | €1,001 | €107,534 | +€106,533 | +10644.0% |
| Remuneration and social security | 454/9 | €6,116 | €6,720 | +€604 | +9.9% |
| Other amounts payable | 47/48 | €999,557 | €521,535 | -€478,022 | -47.8% |
| Remuneration, social security and pensions | 62 | €65,492 | €46,362 | -€19,130 | -29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175,511 | €182,291 | +€6,780 | +3.9% |
| Other operating charges | 640/8 | €52,859 | €61,785 | +€8,925 | +16.9% |
| Non-recurring operating charges | 66A | - | €131 | +€131 | |
| Gross operating margin | 9900 | €265,772 | €397,232 | +€131,461 | +49.5% |
| Operating profit (loss) | 9901 | -€28,091 | €106,663 | +€134,754 | |
| Financial income | 75/76B | €13 | €34 | +€21 | +165.1% |
| Recurring financial income | 75 | €13 | €34 | +€21 | +165.1% |
| Financial charges | 65/66B | €12,810 | €586 | -€12,224 | -95.4% |
| Recurring financial charges | 65 | €12,810 | €586 | -€12,224 | -95.4% |
| Profit (loss) for the period before taxes | 9903 | -€40,889 | €106,111 | +€146,999 | |
| Transfer from deferred taxes | 780 | €31,792 | €28,812 | -€2,980 | -9.4% |
| Income taxes | 67/77 | €155 | €47,021 | +€46,865 | +30191.0% |
| Profit (loss) for the period | 9904 | -€9,252 | €87,902 | +€97,154 | |
| Transfer from tax-exempt reserves | 789 | €95,376 | €86,435 | -€8,941 | -9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €86,124 | €174,336 | +€88,213 | +102.4% |
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 5 October 2026 via checked.be.