A.B.M. Phoenix: 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.M. Phoenix
Largest movements
- Receivables within one year +€710,269
up €710,269 (+214%), from €331,640 to €1.0m
of which Other amounts receivable: +€675,794
- Tangible fixed assets -€17,106
down €17,106 (-61.1%), from €27,985 to €10,879
- Profit (loss) carried forward +€562,856
up €562,856 (+526%), from €107,081 to €669,936
- Tax, wage and social debts +€183,052
up €183,052 (+401%), from €45,639 to €228,691
- Accrued charges and deferred income -€158,571
no longer reported in 2025 (was €158,571)
- Trade debts +€111,500
up €111,500 (+202%), from €55,270 to €166,770
- Other debts -€11,000
no longer reported in 2025 (was €11,000)
- Gross operating margin +€579,070
up €579,070 (+340%), from €170,553 to €749,623
- Taxes +€154,045
up €154,045 (+429%), from €35,933 to €189,978
- Financial income +€16,832
up €16,832 (+178%), from €9,466 to €26,298
- Other operating charges -€16,502
down €16,502 (-89.7%), from €18,390 to €1,887
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 | €380,561 | €1,068,397 | +€687,837 | +181% |
| Fixed assets | 21/28 | €28,162 | €11,056 | -€17,106 | -60.7% |
| Tangible fixed assets | 22/27 | €27,985 | €10,879 | -€17,106 | -61.1% |
| Furniture and vehicles | 24 | €27,985 | €10,879 | -€17,106 | -61.1% |
| Financial fixed assets | 28 | €177 | €177 | = | 0.0% |
| Current assets | 29/58 | €352,399 | €1,057,341 | +€704,942 | +200% |
| Amounts receivable within one year | 40/41 | €331,640 | €1,041,909 | +€710,269 | +214% |
| Trade receivables | 40 | €11,721 | €46,196 | +€34,475 | +294% |
| Other amounts receivable | 41 | €319,919 | €995,713 | +€675,794 | +211% |
| Cash at bank and in hand | 54/58 | €20,758 | €15,432 | -€5,326 | -25.7% |
| Total equity and liabilities | 10/49 | €380,561 | €1,068,397 | +€687,837 | +181% |
| Equity | 10/15 | €110,081 | €672,936 | +€562,856 | +511% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,081 | €669,936 | +€562,856 | +526% |
| Amounts payable | 17/49 | €270,480 | €395,461 | +€124,981 | +46.2% |
| Amounts payable within one year | 42/48 | €111,909 | €395,461 | +€283,552 | +253% |
| Trade debts | 44 | €55,270 | €166,770 | +€111,500 | +202% |
| Suppliers | 440/4 | €55,270 | €166,770 | +€111,500 | +202% |
| Taxes, remuneration and social security | 45 | €45,639 | €228,691 | +€183,052 | +401% |
| Taxes | 450/3 | €45,639 | €228,691 | +€183,052 | +401% |
| Other amounts payable | 47/48 | €11,000 | - | -€11,000 | |
| Accrued charges and deferred income | 492/3 | €158,571 | - | -€158,571 | |
| Remuneration, social security and pensions | 62 | €1,792 | €1,760 | -€32 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,972 | €17,990 | +€1,018 | +6.0% |
| Other operating charges | 640/8 | €18,390 | €1,887 | -€16,502 | -89.7% |
| Gross operating margin | 9900 | €170,553 | €749,623 | +€579,070 | +340% |
| Operating profit (loss) | 9901 | €133,399 | €727,986 | +€594,587 | +446% |
| Financial income | 75/76B | €9,466 | €26,298 | +€16,832 | +178% |
| Recurring financial income | 75 | €9,466 | €26,298 | +€16,832 | +178% |
| Financial charges | 65/66B | €4,619 | €1,450 | -€3,169 | -68.6% |
| Recurring financial charges | 65 | €3,119 | €1,450 | -€1,669 | -53.5% |
| Non-recurring financial charges | 66B | €1,500 | - | -€1,500 | |
| Profit (loss) for the period before taxes | 9903 | €138,246 | €752,834 | +€614,588 | +445% |
| Income taxes | 67/77 | €35,933 | €189,978 | +€154,045 | +429% |
| Profit (loss) for the period | 9904 | €102,313 | €562,856 | +€460,543 | +450% |
| Profit (loss) for the period to be appropriated | 9905 | €102,313 | €562,856 | +€460,543 | +450% |
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 27 October 2026 via checked.be.