A.B.E. GENNE: 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. GENNE
Largest movements
- Receivables within one year +€22,334
up €22,334 (+25.2%), from €88,463 to €110,797
of which Trade receivables: +€58,360
- Cash -€7,125
down €7,125 (-83.3%), from €8,555 to €1,430
mainly Net result for the year (-€70,043) and Receivables within one year (-€22,334)
- Tangible fixed assets -€5,703
down €5,703 (-22.5%), from €25,355 to €19,652
- Other debts +€91,063
up €91,063 (+249.1%), from €36,559 to €127,622
- Reserves -€70,043
down €70,043 (-41.2%), from €170,107 to €100,064
of which Distributable reserves: -€70,043
- Debts after one year -€4,950
down €4,950 (-35.2%), from €14,063 to €9,113
- Trade debts -€3,541
down €3,541 (-76.9%), from €4,606 to €1,065
- Tax, wage and social debts -€3,202
down €3,202 (-87.1%), from €3,675 to €473
- Gross operating margin -€57,731
down €57,731 (-1792.2%), from -€3,221 to -€60,952
- Depreciation +€3,371
up €3,371 (+144.6%), from €2,332 to €5,703
- Staff costs -€1,042
down €1,042 (-100.0%), from €1,042 to €0
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 | €252,373 | €261,879 | +€9,506 | +3.8% |
| Fixed assets | 21/28 | €155,355 | €149,652 | -€5,703 | -3.7% |
| Tangible fixed assets | 22/27 | €25,355 | €19,652 | -€5,703 | -22.5% |
| Furniture and vehicles | 24 | €25,355 | €19,652 | -€5,703 | -22.5% |
| Financial fixed assets | 28 | €130,000 | €130,000 | = | 0.0% |
| Current assets | 29/58 | €97,018 | €112,227 | +€15,209 | +15.7% |
| Amounts receivable within one year | 40/41 | €88,463 | €110,797 | +€22,334 | +25.2% |
| Trade receivables | 40 | - | €58,360 | +€58,360 | |
| Other amounts receivable | 41 | €88,463 | €52,437 | -€36,026 | -40.7% |
| Cash at bank and in hand | 54/58 | €8,555 | €1,430 | -€7,125 | -83.3% |
| Total equity and liabilities | 10/49 | €252,373 | €261,879 | +€9,506 | +3.8% |
| Equity | 10/15 | €188,699 | €118,656 | -€70,043 | -37.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €170,107 | €100,064 | -€70,043 | -41.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €143,247 | €73,204 | -€70,043 | -48.9% |
| Amounts payable | 17/49 | €63,674 | €143,223 | +€79,549 | +124.9% |
| Amounts payable after more than one year | 17 | €14,063 | €9,113 | -€4,950 | -35.2% |
| Financial debts | 170/4 | €14,063 | €9,113 | -€4,950 | -35.2% |
| Amounts payable within one year | 42/48 | €49,611 | €134,110 | +€84,499 | +170.3% |
| Current portion of amounts payable after more than one year | 42 | €4,771 | €4,950 | +€179 | +3.8% |
| Trade debts | 44 | €4,606 | €1,065 | -€3,541 | -76.9% |
| Suppliers | 440/4 | €4,606 | €1,065 | -€3,541 | -76.9% |
| Taxes, remuneration and social security | 45 | €3,675 | €473 | -€3,202 | -87.1% |
| Taxes | 450/3 | €3,675 | €473 | -€3,202 | -87.1% |
| Other amounts payable | 47/48 | €36,559 | €127,622 | +€91,063 | +249.1% |
| Remuneration, social security and pensions | 62 | €1,042 | €0 | -€1,042 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,332 | €5,703 | +€3,371 | +144.6% |
| Other operating charges | 640/8 | €2,141 | €1,736 | -€405 | -18.9% |
| Gross operating margin | 9900 | -€3,221 | -€60,952 | -€57,731 | -1792.2% |
| Operating profit (loss) | 9901 | -€8,736 | -€68,391 | -€59,655 | -682.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €852 | €1,179 | +€327 | +38.4% |
| Recurring financial charges | 65 | €852 | €1,179 | +€327 | +38.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,588 | -€69,570 | -€59,982 | -625.6% |
| Income taxes | 67/77 | €476 | €473 | -€3 | -0.6% |
| Profit (loss) for the period | 9904 | -€10,064 | -€70,043 | -€59,979 | -596.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,064 | -€70,043 | -€59,979 | -596.0% |
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 2 October 2026 via checked.be.