A.B.O: 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.O
Largest movements
- Cash -€62,243
down €62,243 (-56.3%), from €110,463 to €48,219
mainly Net result for the year (-€45,630) and Other debts (-€11,918)
- Receivables within one year +€9,970
up €9,970 (+45.3%), from €22,011 to €31,982
of which Other amounts receivable: +€6,242
- Tangible fixed assets -€3,999
down €3,999 (-14.2%), from €28,133 to €24,134
of which Furniture and vehicles: -€2,825
- Profit (loss) carried forward -€45,630
down €45,630 (-45.9%), from -€99,405 to -€145,035
- Other debts -€11,918
down €11,918 (-11.9%), from €100,477 to €88,558
- Trade debts +€4,830
up €4,830 (+110.3%), from €4,381 to €9,211
- Tax, wage and social debts -€2,500
down €2,500 (-100.0%), from €2,500 to €0
- Gross operating margin +€29,187
up €29,187 (+45.0%), from -€64,881 to -€35,694
- Other operating charges +€1,071
up €1,071 (+178.7%), from €599 to €1,671
- Financial charges -€718
down €718 (-49.6%), from €1,448 to €729
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.
Cash bridge derived
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 | €166,797 | €111,043 | -€55,754 | -33.4% |
| Fixed assets | 21/28 | €29,790 | €25,790 | -€3,999 | -13.4% |
| Tangible fixed assets | 22/27 | €28,133 | €24,134 | -€3,999 | -14.2% |
| Plant, machinery and equipment | 23 | €1,605 | €443 | -€1,162 | -72.4% |
| Furniture and vehicles | 24 | €26,482 | €23,657 | -€2,825 | -10.7% |
| Other tangible fixed assets | 26 | €46 | €34 | -€11 | -25.0% |
| Financial fixed assets | 28 | €1,656 | €1,656 | = | 0.0% |
| Current assets | 29/58 | €137,008 | €85,253 | -€51,755 | -37.8% |
| Amounts receivable within one year | 40/41 | €22,011 | €31,982 | +€9,970 | +45.3% |
| Trade receivables | 40 | €2,755 | €6,484 | +€3,729 | +135.3% |
| Other amounts receivable | 41 | €19,256 | €25,498 | +€6,242 | +32.4% |
| Cash at bank and in hand | 54/58 | €110,463 | €48,219 | -€62,243 | -56.3% |
| Deferred charges and accrued income | 490/1 | €4,534 | €5,052 | +€518 | +11.4% |
| Total equity and liabilities | 10/49 | €166,797 | €111,043 | -€55,754 | -33.4% |
| Equity | 10/15 | €54,400 | €8,770 | -€45,630 | -83.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €135,206 | €135,206 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,020 | €13,020 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,020 | €13,020 | = | 0.0% |
| Distributable reserves | 133 | €122,186 | €122,186 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,405 | -€145,035 | -€45,630 | -45.9% |
| Amounts payable | 17/49 | €112,397 | €102,273 | -€10,124 | -9.0% |
| Amounts payable within one year | 42/48 | €112,010 | €102,273 | -€9,737 | -8.7% |
| Financial debts | 43 | €4,652 | €4,503 | -€149 | -3.2% |
| Credit institutions | 430/8 | €4,652 | €4,503 | -€149 | -3.2% |
| Trade debts | 44 | €4,381 | €9,211 | +€4,830 | +110.3% |
| Suppliers | 440/4 | €4,381 | €9,211 | +€4,830 | +110.3% |
| Taxes, remuneration and social security | 45 | €2,500 | €0 | -€2,500 | -100.0% |
| Taxes | 450/3 | €2,500 | €0 | -€2,500 | -100.0% |
| Other amounts payable | 47/48 | €100,477 | €88,558 | -€11,918 | -11.9% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,886 | €8,429 | -€457 | -5.1% |
| Other operating charges | 640/8 | €599 | €1,671 | +€1,071 | +178.7% |
| Gross operating margin | 9900 | -€64,881 | -€35,694 | +€29,187 | +45.0% |
| Operating profit (loss) | 9901 | -€74,366 | -€45,793 | +€28,573 | +38.4% |
| Financial income | 75/76B | €616 | €1,008 | +€392 | +63.6% |
| Recurring financial income | 75 | €616 | €1,008 | +€392 | +63.6% |
| Financial charges | 65/66B | €1,448 | €729 | -€718 | -49.6% |
| Recurring financial charges | 65 | €1,448 | €729 | -€718 | -49.6% |
| Profit (loss) for the period before taxes | 9903 | -€75,198 | -€45,515 | +€29,683 | +39.5% |
| Income taxes | 67/77 | €185 | €115 | -€69 | -37.6% |
| Profit (loss) for the period | 9904 | -€75,383 | -€45,630 | +€29,753 | +39.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€75,383 | -€45,630 | +€29,753 | +39.5% |
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 9 October 2026 via checked.be.