A.B.P.C.: 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.P.C.
Largest movements
- Stocks and contracts +€537,673
up €537,673 (+724%), from €74,284 to €611,956
- Cash +€101,904
up €101,904 (+17,177%), from €593 to €102,497
mainly Debts after one year (+€420,000) and Other debts (+€323,622)
- Debts after one year +€420,000
new in 2025: €420,000
- Other debts +€323,622
up €323,622 (+290%), from €111,690 to €435,311
- Tax, wage and social debts -€37,088
no longer reported in 2025 (was €37,088)
- Profit (loss) carried forward -€34,392
down €34,392 (-11.6%), from -€295,907 to -€330,299
- Trade debts -€32,566
down €32,566 (-92.3%), from €35,271 to €2,705
- Other operating charges +€23,977
up €23,977 (+6,900%), from €348 to €24,325
- Gross operating margin -€18,749
down €18,749, from €9,867 to -€8,883
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 | €1,027,916 | €1,667,493 | +€639,576 | +62.2% |
| Fixed assets | 21/28 | €953,040 | €953,040 | = | 0.0% |
| Tangible fixed assets | 22/27 | €953,040 | €953,040 | = | 0.0% |
| Land and buildings | 22 | €950,000 | €950,000 | = | 0.0% |
| Other tangible fixed assets | 26 | €3,040 | €3,040 | = | 0.0% |
| Current assets | 29/58 | €74,877 | €714,453 | +€639,576 | +854% |
| Stocks and contracts in progress | 3 | €74,284 | €611,956 | +€537,673 | +724% |
| Stocks | 30/36 | €74,284 | €611,956 | +€537,673 | +724% |
| Cash at bank and in hand | 54/58 | €593 | €102,497 | +€101,904 | +17,177% |
| Total equity and liabilities | 10/49 | €1,027,916 | €1,667,493 | +€639,576 | +62.2% |
| Equity | 10/15 | €843,868 | €809,476 | -€34,392 | -4.1% |
| Contributions | 10/11 | €189,019 | €189,019 | = | 0.0% |
| Capital | 10 | €189,019 | €189,019 | = | 0.0% |
| Issued capital | 100 | €189,019 | €189,019 | = | 0.0% |
| Revaluation surpluses | 12 | €950,000 | €950,000 | = | 0.0% |
| Reserves | 13 | €756 | €756 | = | 0.0% |
| Non-distributable reserves | 130/1 | €756 | €756 | = | 0.0% |
| Legal reserve | 130 | €756 | €756 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€295,907 | -€330,299 | -€34,392 | -11.6% |
| Amounts payable | 17/49 | €184,048 | €858,017 | +€673,968 | +366% |
| Amounts payable after more than one year | 17 | - | €420,000 | +€420,000 | |
| Financial debts | 170/4 | - | €420,000 | +€420,000 | |
| Amounts payable within one year | 42/48 | €184,048 | €438,017 | +€253,968 | +138% |
| Trade debts | 44 | €35,271 | €2,705 | -€32,566 | -92.3% |
| Suppliers | 440/4 | €35,271 | €2,705 | -€32,566 | -92.3% |
| Taxes, remuneration and social security | 45 | €37,088 | - | -€37,088 | |
| Taxes | 450/3 | €37,088 | - | -€37,088 | |
| Other amounts payable | 47/48 | €111,690 | €435,311 | +€323,622 | +290% |
| Other operating charges | 640/8 | €348 | €24,325 | +€23,977 | +6,900% |
| Non-recurring operating charges | 66A | - | €18,583 | +€18,583 | |
| Gross operating margin | 9900 | €9,867 | -€8,883 | -€18,749 | |
| Operating profit (loss) | 9901 | €9,519 | -€51,791 | -€61,310 | |
| Financial charges | 65/66B | €50 | €11 | -€39 | -78.4% |
| Recurring financial charges | 65 | €50 | €11 | -€39 | -78.4% |
| Profit (loss) for the period before taxes | 9903 | €9,470 | -€51,801 | -€61,271 | |
| Profit (loss) for the period | 9904 | €9,470 | -€51,801 | -€61,271 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,470 | -€51,801 | -€61,271 |
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 19 October 2026 via checked.be.