A.B. ELECTRONICS: what changed
Two financial 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. ELECTRONICS
Largest movements
- Tangible fixed assets -€39,622
down €39,622 (-18.6%), from €212,472 to €172,851
- Stocks and contracts +€33,173
up €33,173 (+28.6%), from €115,814 to €148,987
- Receivables within one year -€26,246
down €26,246 (-38.9%), from €67,395 to €41,149
of which Trade receivables: -€26,790
- Intangible fixed assets -€12,000
down €12,000 (-21.1%), from €56,942 to €44,942
- Cash +€6,220
up €6,220 (+66.2%), from €9,391 to €15,611
mainly Depreciation (+€51,674) and Net result for the year (+€33,009)
- Debts after one year -€50,445
down €50,445 (-60.8%), from €82,991 to €32,546
- Profit (loss) carried forward +€33,009
up €33,009 (+25.2%), from €131,088 to €164,097
- Short-term financial debts -€16,009
down €16,009 (-60.7%), from €26,359 to €10,351
- Trade debts -€8,712
down €8,712 (-12.8%), from €68,243 to €59,532
- Gross operating margin +€44,549
up €44,549 (+14.8%), from €300,417 to €344,966
- Taxes +€11,194
up €11,194 (+1,503%), from €745 to €11,939
- Other operating charges +€7,007
up €7,007 (+166%), from €4,211 to €11,218
- Staff costs -€6,981
down €6,981 (-3.0%), from €232,921 to €225,940
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.
Derived cash bridge
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 | €468,421 | €429,371 | -€39,050 | -8.3% |
| Fixed assets | 21/28 | €269,665 | €218,043 | -€51,622 | -19.1% |
| Intangible fixed assets | 21 | €56,942 | €44,942 | -€12,000 | -21.1% |
| Tangible fixed assets | 22/27 | €212,472 | €172,851 | -€39,622 | -18.6% |
| Land and buildings | 22 | €153,189 | €142,187 | -€11,003 | -7.2% |
| Plant, machinery and equipment | 23 | €6,242 | €4,377 | -€1,865 | -29.9% |
| Furniture and vehicles | 24 | €15,367 | €5,066 | -€10,301 | -67.0% |
| Leasing and similar rights | 25 | €37,674 | €21,221 | -€16,453 | -43.7% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €198,756 | €211,328 | +€12,572 | +6.3% |
| Stocks and contracts in progress | 3 | €115,814 | €148,987 | +€33,173 | +28.6% |
| Stocks | 30/36 | €115,814 | €148,987 | +€33,173 | +28.6% |
| Amounts receivable within one year | 40/41 | €67,395 | €41,149 | -€26,246 | -38.9% |
| Trade receivables | 40 | €50,668 | €23,878 | -€26,790 | -52.9% |
| Other amounts receivable | 41 | €16,727 | €17,271 | +€544 | +3.3% |
| Cash at bank and in hand | 54/58 | €9,391 | €15,611 | +€6,220 | +66.2% |
| Deferred charges and accrued income | 490/1 | €6,156 | €5,581 | -€575 | -9.3% |
| Total equity and liabilities | 10/49 | €468,421 | €429,371 | -€39,050 | -8.3% |
| Equity | 10/15 | €196,581 | €229,590 | +€33,009 | +16.8% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €53,099 | €53,099 | = | 0.0% |
| Distributable reserves | 133 | €53,099 | €53,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,088 | €164,097 | +€33,009 | +25.2% |
| Amounts payable | 17/49 | €271,840 | €199,781 | -€72,059 | -26.5% |
| Amounts payable after more than one year | 17 | €82,991 | €32,546 | -€50,445 | -60.8% |
| Financial debts | 170/4 | €82,991 | €32,546 | -€50,445 | -60.8% |
| Amounts payable within one year | 42/48 | €188,849 | €167,235 | -€21,614 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €53,681 | €56,278 | +€2,597 | +4.8% |
| Financial debts | 43 | €26,359 | €10,351 | -€16,009 | -60.7% |
| Credit institutions | 430/8 | €26,359 | €10,351 | -€16,009 | -60.7% |
| Trade debts | 44 | €68,243 | €59,532 | -€8,712 | -12.8% |
| Suppliers | 440/4 | €68,243 | €59,532 | -€8,712 | -12.8% |
| Taxes, remuneration and social security | 45 | €39,799 | €41,075 | +€1,277 | +3.2% |
| Taxes | 450/3 | €3,933 | €6,582 | +€2,649 | +67.4% |
| Remuneration and social security | 454/9 | €35,866 | €34,494 | -€1,372 | -3.8% |
| Other amounts payable | 47/48 | €768 | €0 | -€768 | -100% |
| Remuneration, social security and pensions | 62 | €232,921 | €225,940 | -€6,981 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,407 | €51,674 | -€1,733 | -3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,142 | €0 | +€1,142 | |
| Other operating charges | 640/8 | €4,211 | €11,218 | +€7,007 | +166% |
| Gross operating margin | 9900 | €300,417 | €344,966 | +€44,549 | +14.8% |
| Operating profit (loss) | 9901 | €11,021 | €56,134 | +€45,113 | +409% |
| Financial income | 75/76B | €0 | €3 | +€3 | +6,120% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +6,120% |
| Financial charges | 65/66B | €10,931 | €11,189 | +€258 | +2.4% |
| Recurring financial charges | 65 | €10,931 | €11,189 | +€258 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €90 | €44,948 | +€44,858 | +50,070% |
| Income taxes | 67/77 | €745 | €11,939 | +€11,194 | +1,503% |
| Profit (loss) for the period | 9904 | -€655 | €33,009 | +€33,664 | |
| Profit (loss) for the period to be appropriated | 9905 | -€655 | €33,009 | +€33,664 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.