A.B.E. Construct: 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. Construct
Largest movements
- Receivables within one year +€269,368
up €269,368 (+208.5%), from €129,220 to €398,588
of which Other amounts receivable: +€231,188
- Tangible fixed assets -€17,815
down €17,815 (-74.6%), from €23,895 to €6,081
of which Leasing and similar rights: -€16,926
- Reserves +€133,336
up €133,336 (+322.3%), from €41,371 to €174,707
- Accrued charges and deferred income +€70,250
new in 2025: €70,250
- Tax, wage and social debts +€37,791
up €37,791 (+131.5%), from €28,738 to €66,529
of which Taxes: +€44,295
- Trade debts +€21,384
up €21,384 (+34.8%), from €61,523 to €82,907
- Current portion of long-term debt -€14,543
down €14,543 (-73.2%), from €19,873 to €5,330
- Staff costs -€178,090
down €178,090 (-51.3%), from €347,168 to €169,078
- Gross operating margin -€75,323
down €75,323 (-16.1%), from €466,696 to €391,372
- Taxes +€49,626
up €49,626 (+394.0%), from €12,595 to €62,221
- Depreciation -€32,533
down €32,533 (-64.6%), from €50,348 to €17,815
- Financial charges -€11,768
down €11,768 (-49.5%), from €23,788 to €12,020
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 | €185,653 | €435,272 | +€249,620 | +134.5% |
| Fixed assets | 21/28 | €23,895 | €6,081 | -€17,815 | -74.6% |
| Tangible fixed assets | 22/27 | €23,895 | €6,081 | -€17,815 | -74.6% |
| Furniture and vehicles | 24 | €2,816 | €1,928 | -€889 | -31.6% |
| Leasing and similar rights | 25 | €21,079 | €4,153 | -€16,926 | -80.3% |
| Current assets | 29/58 | €161,757 | €429,192 | +€267,434 | +165.3% |
| Stocks and contracts in progress | 3 | €30,000 | €30,000 | = | 0.0% |
| Contracts in progress | 37 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €129,220 | €398,588 | +€269,368 | +208.5% |
| Trade receivables | 40 | €21,925 | €60,104 | +€38,180 | +174.1% |
| Other amounts receivable | 41 | €107,295 | €338,483 | +€231,188 | +215.5% |
| Cash at bank and in hand | 54/58 | €115 | €13 | -€102 | -88.7% |
| Deferred charges and accrued income | 490/1 | €2,422 | €591 | -€1,831 | -75.6% |
| Total equity and liabilities | 10/49 | €185,653 | €435,272 | +€249,620 | +134.5% |
| Equity | 10/15 | €56,371 | €189,707 | +€133,336 | +236.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €41,371 | €174,707 | +€133,336 | +322.3% |
| Distributable reserves | 133 | €41,371 | €174,707 | +€133,336 | +322.3% |
| Amounts payable | 17/49 | €129,282 | €245,565 | +€116,284 | +89.9% |
| Amounts payable after more than one year | 17 | €5,330 | €0 | -€5,330 | -100.0% |
| Financial debts | 170/4 | €5,330 | €0 | -€5,330 | -100.0% |
| Amounts payable within one year | 42/48 | €123,952 | €175,315 | +€51,364 | +41.4% |
| Current portion of amounts payable after more than one year | 42 | €19,873 | €5,330 | -€14,543 | -73.2% |
| Financial debts | 43 | - | €29 | +€29 | |
| Other loans | 439 | - | €29 | +€29 | |
| Trade debts | 44 | €61,523 | €82,907 | +€21,384 | +34.8% |
| Suppliers | 440/4 | €61,523 | €82,907 | +€21,384 | +34.8% |
| Taxes, remuneration and social security | 45 | €28,738 | €66,529 | +€37,791 | +131.5% |
| Taxes | 450/3 | €14,015 | €58,310 | +€44,295 | +316.1% |
| Remuneration and social security | 454/9 | €14,723 | €8,219 | -€6,504 | -44.2% |
| Other amounts payable | 47/48 | €13,819 | €20,521 | +€6,702 | +48.5% |
| Accrued charges and deferred income | 492/3 | - | €70,250 | +€70,250 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €347,168 | €169,078 | -€178,090 | -51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,348 | €17,815 | -€32,533 | -64.6% |
| Other operating charges | 640/8 | €1,872 | €2,539 | +€667 | +35.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €466,696 | €391,372 | -€75,323 | -16.1% |
| Operating profit (loss) | 9901 | €67,308 | €201,940 | +€134,633 | +200.0% |
| Financial income | 75/76B | €2,384 | €5,636 | +€3,252 | +136.4% |
| Recurring financial income | 75 | €2,384 | €5,636 | +€3,252 | +136.4% |
| Financial charges | 65/66B | €23,788 | €12,020 | -€11,768 | -49.5% |
| Recurring financial charges | 65 | €23,788 | €12,020 | -€11,768 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | €45,903 | €195,557 | +€149,653 | +326.0% |
| Income taxes | 67/77 | €12,595 | €62,221 | +€49,626 | +394.0% |
| Profit (loss) for the period | 9904 | €33,309 | €133,336 | +€100,027 | +300.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,309 | €133,336 | +€100,027 | +300.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.