A.B.E.: 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.E.
Largest movements
- Deferred charges and accrued income +€16,287
new in 2025: €16,287
- Tangible fixed assets +€11,063
up €11,063 (+43.8%), from €25,264 to €36,327
- Cash -€5,102
down €5,102 (-20.5%), from €24,833 to €19,731
mainly Investment in fixed assets (net) (-€22,713) and Deferred charges and accrued income (-€16,287)
- Receivables within one year +€3,164
up €3,164 (+22.0%), from €14,393 to €17,557
- Trade debts +€26,321
up €26,321 (+226.2%), from €11,637 to €37,958
of which Suppliers: +€26,341
- Current portion of long-term debt -€1,713
no longer reported in 2025 (was €1,713)
- Turnover -€50,828
no longer reported in 2025 (was €50,828)
- Purchases and services -€42,502
no longer reported in 2025 (was €42,502)
- Gross operating margin +€7,414
up €7,414 (+87.0%), from €8,523 to €15,937
- Depreciation +€4,542
up €4,542 (+63.9%), from €7,107 to €11,649
- Other operating charges +€1,842
up €1,842 (+183.9%), from €1,002 to €2,844
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 | €65,088 | €90,501 | +€25,412 | +39.0% |
| Fixed assets | 21/28 | €25,862 | €36,926 | +€11,063 | +42.8% |
| Tangible fixed assets | 22/27 | €25,264 | €36,327 | +€11,063 | +43.8% |
| Furniture and vehicles | 24 | €25,264 | €36,327 | +€11,063 | +43.8% |
| Financial fixed assets | 28 | €599 | €599 | = | 0.0% |
| Current assets | 29/58 | €39,226 | €53,575 | +€14,349 | +36.6% |
| Amounts receivable within one year | 40/41 | €14,393 | €17,557 | +€3,164 | +22.0% |
| Other amounts receivable | 41 | €14,393 | €17,557 | +€3,164 | +22.0% |
| Cash at bank and in hand | 54/58 | €24,833 | €19,731 | -€5,102 | -20.5% |
| Deferred charges and accrued income | 490/1 | - | €16,287 | +€16,287 | |
| Total equity and liabilities | 10/49 | €65,088 | €90,501 | +€25,412 | +39.0% |
| Equity | 10/15 | €51,738 | €52,543 | +€804 | +1.6% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €11,700 | €11,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €9,800 | €9,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,838 | €40,643 | +€804 | +2.0% |
| Amounts payable | 17/49 | €13,350 | €37,958 | +€24,608 | +184.3% |
| Amounts payable within one year | 42/48 | €13,350 | €37,958 | +€24,608 | +184.3% |
| Current portion of amounts payable after more than one year | 42 | €1,713 | - | -€1,713 | |
| Trade debts | 44 | €11,637 | €37,958 | +€26,321 | +226.2% |
| Suppliers | 440/4 | €11,617 | €37,958 | +€26,341 | +226.8% |
| Bills of exchange payable | 441 | €20 | - | -€20 | |
| Turnover | 70 | €50,828 | - | -€50,828 | |
| Goods, raw materials, services and sundry goods | 60/61 | €42,502 | - | -€42,502 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,107 | €11,649 | +€4,542 | +63.9% |
| Other operating charges | 640/8 | €1,002 | €2,844 | +€1,842 | +183.9% |
| Gross operating margin | 9900 | €8,523 | €15,937 | +€7,414 | +87.0% |
| Operating profit (loss) | 9901 | €414 | €1,444 | +€1,030 | +248.8% |
| Financial charges | 65/66B | €135 | €640 | +€505 | +374.1% |
| Recurring financial charges | 65 | €135 | €640 | +€505 | +374.1% |
| Profit (loss) for the period before taxes | 9903 | €279 | €804 | +€525 | +188.2% |
| Profit (loss) for the period | 9904 | €279 | €804 | +€525 | +188.2% |
| Profit (loss) for the period to be appropriated | 9905 | €279 | €804 | +€525 | +188.2% |
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 3 October 2026 via checked.be.