A.B. EN D.: 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. EN D.
Largest movements
- Cash -€19,136
down €19,136 (-84.1%), from €22,745 to €3,608
mainly Net result for the year (-€13,044) and Receivables within one year (-€5,895)
- Receivables within one year +€5,895
up €5,895 (+24.8%), from €23,730 to €29,625
of which Trade receivables: +€4,563
- Tangible fixed assets -€5,571
down €5,571 (-43.5%), from €12,806 to €7,235
of which Furniture and vehicles: -€4,832
- Profit (loss) carried forward -€13,044
down €13,044 (-76.1%), from €17,140 to €4,096
- Current portion of long-term debt -€3,464
down €3,464 (-61.3%), from €5,655 to €2,191
- Trade debts +€2,796
up €2,796 (+8,600%), from €33 to €2,828
- Debts after one year -€2,705
down €2,705 (-100%), from €2,705 to €0
- Tax, wage and social debts -€2,395
down €2,395 (-100%), from €2,395 to €0
- Gross operating margin -€21,603
down €21,603, from €15,237 to -€6,366
- Taxes -€2,510
down €2,510, from €603 to -€1,907
- Depreciation -€215
down €215 (-2.8%), from €7,626 to €7,411
- Other operating charges -€214
down €214 (-19.5%), from €1,097 to €883
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 | €77,545 | €58,733 | -€18,812 | -24.3% |
| Fixed assets | 21/28 | €30,865 | €25,294 | -€5,571 | -18.0% |
| Tangible fixed assets | 22/27 | €12,806 | €7,235 | -€5,571 | -43.5% |
| Plant, machinery and equipment | 23 | €2,517 | €1,778 | -€739 | -29.3% |
| Furniture and vehicles | 24 | €10,290 | €5,457 | -€4,832 | -47.0% |
| Financial fixed assets | 28 | €18,059 | €18,059 | = | 0.0% |
| Current assets | 29/58 | €46,680 | €33,439 | -€13,241 | -28.4% |
| Stocks and contracts in progress | 3 | €150 | €150 | = | 0.0% |
| Stocks | 30/36 | €150 | €150 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,730 | €29,625 | +€5,895 | +24.8% |
| Trade receivables | 40 | €7,143 | €11,706 | +€4,563 | +63.9% |
| Other amounts receivable | 41 | €16,588 | €17,919 | +€1,332 | +8.0% |
| Current investments | 50/53 | €55 | €55 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,745 | €3,608 | -€19,136 | -84.1% |
| Total equity and liabilities | 10/49 | €77,545 | €58,733 | -€18,812 | -24.3% |
| Equity | 10/15 | €66,758 | €53,714 | -€13,044 | -19.5% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €18,618 | €18,618 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,118 | €3,118 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,118 | €3,118 | = | 0.0% |
| Distributable reserves | 133 | €15,500 | €15,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,140 | €4,096 | -€13,044 | -76.1% |
| Amounts payable | 17/49 | €10,787 | €5,019 | -€5,768 | -53.5% |
| Amounts payable after more than one year | 17 | €2,705 | €0 | -€2,705 | -100% |
| Financial debts | 170/4 | €2,705 | €0 | -€2,705 | -100% |
| Amounts payable within one year | 42/48 | €8,083 | €5,019 | -€3,063 | -37.9% |
| Current portion of amounts payable after more than one year | 42 | €5,655 | €2,191 | -€3,464 | -61.3% |
| Trade debts | 44 | €33 | €2,828 | +€2,796 | +8,600% |
| Suppliers | 440/4 | €33 | €2,828 | +€2,796 | +8,600% |
| Taxes, remuneration and social security | 45 | €2,395 | €0 | -€2,395 | -100% |
| Taxes | 450/3 | €2,395 | €0 | -€2,395 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,626 | €7,411 | -€215 | -2.8% |
| Other operating charges | 640/8 | €1,097 | €883 | -€214 | -19.5% |
| Gross operating margin | 9900 | €15,237 | -€6,366 | -€21,603 | |
| Operating profit (loss) | 9901 | €6,514 | -€14,660 | -€21,174 | |
| Financial income | 75/76B | €0 | €73 | +€73 | +21,421% |
| Recurring financial income | 75 | €0 | €73 | +€73 | +21,421% |
| Financial charges | 65/66B | €391 | €364 | -€26 | -6.7% |
| Recurring financial charges | 65 | €391 | €364 | -€26 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €6,124 | -€14,951 | -€21,075 | |
| Income taxes | 67/77 | €603 | -€1,907 | -€2,510 | |
| Profit (loss) for the period | 9904 | €5,521 | -€13,044 | -€18,565 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,521 | -€13,044 | -€18,565 |
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 21 October 2026 via checked.be.