A&B FINANCIAL: 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 FINANCIAL
Largest movements
- Financial fixed assets +€2.8m
up €2.8m (+234%), from €1.2m to €4.0m
- Cash -€972,534
down €972,534 (-93.4%), from €1.0m to €69,187
mainly Investment in fixed assets (net) (-€2.8m) and Contributions, distributions and other (-€436,021)
- Receivables within one year +€97,593
up €97,593 (+710%), from €13,743 to €111,335
of which Other amounts receivable: +€106,582
- Debts after one year +€874,708
up €874,708 (+130%), from €672,282 to €1.5m
- Other debts +€486,420
up €486,420 (+45.8%), from €1.1m to €1.5m
- Reserves +€339,115
up €339,115 (+272%), from €124,486 to €463,602
- Current portion of long-term debt +€162,412
up €162,412 (+360%), from €45,112 to €207,523
- Gross operating margin +€462,107
up €462,107 (+378%), from €122,161 to €584,268
- Financial income +€401,020
up €401,020 (+4,010,196,700%), from €0 to €401,020
of which Financial income: +€401,020
- Taxes +€124,795
up €124,795 (+49,848%), from €250 to €125,046
- Financial charges +€30,564
up €30,564 (+131%), from €23,340 to €53,904
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 | €3,121,220 | €5,021,668 | +€1.9m | +60.9% |
| Fixed assets | 21/28 | €1,940,870 | €4,716,259 | +€2.8m | +143% |
| Tangible fixed assets | 22/27 | €741,295 | €711,535 | -€29,760 | -4.0% |
| Land and buildings | 22 | €741,295 | €711,535 | -€29,760 | -4.0% |
| Financial fixed assets | 28 | €1,199,575 | €4,004,724 | +€2.8m | +234% |
| Current assets | 29/58 | €1,180,350 | €305,409 | -€874,941 | -74.1% |
| Amounts receivable within one year | 40/41 | €13,743 | €111,335 | +€97,593 | +710% |
| Trade receivables | 40 | €8,989 | €0 | -€8,989 | -100% |
| Other amounts receivable | 41 | €4,754 | €111,335 | +€106,582 | +2,242% |
| Current investments | 50/53 | €124,886 | €124,886 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,041,721 | €69,187 | -€972,534 | -93.4% |
| Total equity and liabilities | 10/49 | €3,121,220 | €5,021,668 | +€1.9m | +60.9% |
| Equity | 10/15 | €1,324,061 | €1,663,177 | +€339,115 | +25.6% |
| Contributions | 10/11 | €1,199,575 | €1,199,575 | = | 0.0% |
| Reserves | 13 | €124,486 | €463,602 | +€339,115 | +272% |
| Distributable reserves | 133 | €124,486 | €463,602 | +€339,115 | +272% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,797,159 | €3,358,491 | +€1.6m | +86.9% |
| Amounts payable after more than one year | 17 | €672,282 | €1,546,990 | +€874,708 | +130% |
| Financial debts | 170/4 | €672,282 | €1,546,990 | +€874,708 | +130% |
| Amounts payable within one year | 42/48 | €1,124,877 | €1,811,501 | +€686,624 | +61.0% |
| Current portion of amounts payable after more than one year | 42 | €45,112 | €207,523 | +€162,412 | +360% |
| Financial debts | 43 | - | €36,982 | +€36,982 | |
| Credit institutions | 430/8 | - | €36,982 | +€36,982 | |
| Trade debts | 44 | €8,427 | €458 | -€7,969 | -94.6% |
| Suppliers | 440/4 | €8,427 | €458 | -€7,969 | -94.6% |
| Taxes, remuneration and social security | 45 | €10,036 | €18,816 | +€8,780 | +87.5% |
| Taxes | 450/3 | €10,036 | €18,816 | +€8,780 | +87.5% |
| Other amounts payable | 47/48 | €1,061,303 | €1,547,723 | +€486,420 | +45.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,760 | €29,760 | = | 0.0% |
| Other operating charges | 640/8 | €1,240 | €1,442 | +€202 | +16.3% |
| Gross operating margin | 9900 | €122,161 | €584,268 | +€462,107 | +378% |
| Operating profit (loss) | 9901 | €91,162 | €553,067 | +€461,905 | +507% |
| Financial income | 75/76B | €0 | €401,020 | +€401,020 | +4,010,196,700% |
| Recurring financial income | 75 | €0 | €401,020 | +€401,020 | +4,010,196,700% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €23,340 | €53,904 | +€30,564 | +131% |
| Recurring financial charges | 65 | €23,340 | €53,904 | +€30,564 | +131% |
| Profit (loss) for the period before taxes | 9903 | €67,822 | €900,183 | +€832,361 | +1,227% |
| Income taxes | 67/77 | €250 | €125,046 | +€124,795 | +49,848% |
| Profit (loss) for the period | 9904 | €67,571 | €775,137 | +€707,565 | +1,047% |
| Profit (loss) for the period to be appropriated | 9905 | €67,571 | €775,137 | +€707,565 | +1,047% |
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 28 October 2026 via checked.be.