A.B.J.T.: 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.J.T.
Largest movements
- Receivables within one year -€6,657
down €6,657 (-21.2%), from €31,330 to €24,673
of which Trade receivables: -€8,521
- Cash +€5,319
up €5,319 (+100.0%), from €5,319 to €10,638
mainly Depreciation (+€24,243) and Net result for the year (+€20,279)
- Tangible fixed assets -€2,583
down €2,583 (-1.2%), from €217,726 to €215,143
of which Leasing and similar rights: -€9,632
- Debts after one year -€23,727
down €23,727 (-26.7%), from €88,907 to €65,179
- Reserves +€20,279
up €20,279 (+24.2%), from €83,634 to €103,913
- Current portion of long-term debt -€6,565
down €6,565 (-21.7%), from €30,292 to €23,727
- Tax, wage and social debts +€5,776
up €5,776 (+288%), from €2,003 to €7,779
- Gross operating margin +€12,383
up €12,383 (+26.0%), from €47,670 to €60,053
- Taxes +€3,845
up €3,845 (+73.1%), from €5,256 to €9,101
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 | €255,915 | €251,566 | -€4,349 | -1.7% |
| Fixed assets | 21/28 | €217,726 | €215,143 | -€2,583 | -1.2% |
| Tangible fixed assets | 22/27 | €217,726 | €215,143 | -€2,583 | -1.2% |
| Land and buildings | 22 | €175,390 | €183,838 | +€8,447 | +4.8% |
| Plant, machinery and equipment | 23 | €5,953 | €6,934 | +€981 | +16.5% |
| Furniture and vehicles | 24 | €6,373 | €4,296 | -€2,077 | -32.6% |
| Leasing and similar rights | 25 | €16,347 | €6,715 | -€9,632 | -58.9% |
| Other tangible fixed assets | 26 | €13,662 | €13,360 | -€302 | -2.2% |
| Current assets | 29/58 | €38,189 | €36,423 | -€1,766 | -4.6% |
| Stocks and contracts in progress | 3 | €500 | €0 | -€500 | -100% |
| Stocks | 30/36 | €500 | €0 | -€500 | -100% |
| Amounts receivable within one year | 40/41 | €31,330 | €24,673 | -€6,657 | -21.2% |
| Trade receivables | 40 | €28,522 | €20,002 | -€8,521 | -29.9% |
| Other amounts receivable | 41 | €2,807 | €4,671 | +€1,863 | +66.4% |
| Cash at bank and in hand | 54/58 | €5,319 | €10,638 | +€5,319 | +100.0% |
| Deferred charges and accrued income | 490/1 | €1,040 | €1,113 | +€72 | +7.0% |
| Total equity and liabilities | 10/49 | €255,915 | €251,566 | -€4,349 | -1.7% |
| Equity | 10/15 | €102,234 | €122,513 | +€20,279 | +19.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €83,634 | €103,913 | +€20,279 | +24.2% |
| Distributable reserves | 133 | €83,634 | €103,913 | +€20,279 | +24.2% |
| Amounts payable | 17/49 | €153,681 | €129,053 | -€24,628 | -16.0% |
| Amounts payable after more than one year | 17 | €88,907 | €65,179 | -€23,727 | -26.7% |
| Financial debts | 170/4 | €88,907 | €65,179 | -€23,727 | -26.7% |
| Amounts payable within one year | 42/48 | €63,650 | €62,099 | -€1,551 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €30,292 | €23,727 | -€6,565 | -21.7% |
| Trade debts | 44 | €5,585 | €5,453 | -€132 | -2.4% |
| Suppliers | 440/4 | €5,585 | €5,453 | -€132 | -2.4% |
| Taxes, remuneration and social security | 45 | €2,003 | €7,779 | +€5,776 | +288% |
| Taxes | 450/3 | €2,003 | €7,779 | +€5,776 | +288% |
| Other amounts payable | 47/48 | €25,770 | €25,140 | -€631 | -2.4% |
| Accrued charges and deferred income | 492/3 | €1,124 | €1,774 | +€650 | +57.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,935 | €24,243 | +€308 | +1.3% |
| Other operating charges | 640/8 | €1,747 | €1,838 | +€91 | +5.2% |
| Gross operating margin | 9900 | €47,670 | €60,053 | +€12,383 | +26.0% |
| Operating profit (loss) | 9901 | €21,988 | €33,972 | +€11,984 | +54.5% |
| Financial income | 75/76B | €1 | €128 | +€127 | +10,469% |
| Recurring financial income | 75 | €1 | €128 | +€127 | +10,469% |
| Financial charges | 65/66B | €4,869 | €4,721 | -€149 | -3.1% |
| Recurring financial charges | 65 | €4,869 | €4,721 | -€149 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €17,120 | €29,380 | +€12,260 | +71.6% |
| Income taxes | 67/77 | €5,256 | €9,101 | +€3,845 | +73.1% |
| Profit (loss) for the period | 9904 | €11,864 | €20,279 | +€8,415 | +70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,864 | €20,279 | +€8,415 | +70.9% |
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 25 October 2026 via checked.be.