A.B.S. CONCEPT: what changed
Two fiscal 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.S. CONCEPT
Largest movements
- Tangible fixed assets -€20,999
down €20,999 (-7.5%), from €278,212 to €257,213
of which Furniture and vehicles: -€47,587
- Receivables within one year -€10,406
down €10,406 (-33.8%), from €30,817 to €20,411
of which Trade receivables: -€6,034
- Debts after one year -€51,826
down €51,826 (-28.6%), from €181,133 to €129,307
of which Financial debts: -€51,826
- Other debts +€37,425
up €37,425 (+194.9%), from €19,204 to €56,629
- Current portion of long-term debt -€9,863
down €9,863 (-16.0%), from €61,689 to €51,826
- Trade debts -€9,835
down €9,835 (-69.9%), from €14,070 to €4,235
of which Bills of exchange payable: -€14,070
- Tax, wage and social debts -€4,929
down €4,929 (-26.8%), from €18,376 to €13,447
of which Taxes: -€3,136
- Write-downs -€32,226
down €32,226, from €16,113 to -€16,113
- Other operating charges +€29,060
up €29,060 (+2578.5%), from €1,127 to €30,187
- Staff costs +€17,963
up €17,963 (+36.0%), from €49,943 to €67,906
- Gross operating margin +€12,120
up €12,120 (+7.0%), from €174,165 to €186,285
- Depreciation -€3,216
down €3,216 (-3.2%), from €99,246 to €96,030
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 | €343,882 | €309,161 | -€34,721 | -10.1% |
| Fixed assets | 21/28 | €278,212 | €257,213 | -€20,999 | -7.5% |
| Tangible fixed assets | 22/27 | €278,212 | €257,213 | -€20,999 | -7.5% |
| Land and buildings | 22 | €41,631 | €40,483 | -€1,148 | -2.8% |
| Plant, machinery and equipment | 23 | €34,325 | €76,715 | +€42,390 | +123.5% |
| Furniture and vehicles | 24 | €156,205 | €108,618 | -€47,587 | -30.5% |
| Leasing and similar rights | 25 | €44,866 | €30,470 | -€14,396 | -32.1% |
| Other tangible fixed assets | 26 | €1,185 | €927 | -€258 | -21.8% |
| Current assets | 29/58 | €65,670 | €51,948 | -€13,722 | -20.9% |
| Stocks and contracts in progress | 3 | €5,534 | €5,150 | -€384 | -6.9% |
| Stocks | 30/36 | €5,534 | €5,150 | -€384 | -6.9% |
| Amounts receivable within one year | 40/41 | €30,817 | €20,411 | -€10,406 | -33.8% |
| Trade receivables | 40 | €18,240 | €12,206 | -€6,034 | -33.1% |
| Other amounts receivable | 41 | €12,577 | €8,205 | -€4,372 | -34.8% |
| Cash at bank and in hand | 54/58 | €26,406 | €24,173 | -€2,233 | -8.5% |
| Deferred charges and accrued income | 490/1 | €2,913 | €2,214 | -€699 | -24.0% |
| Total equity and liabilities | 10/49 | €343,882 | €309,161 | -€34,721 | -10.1% |
| Equity | 10/15 | €46,124 | €50,207 | +€4,083 | +8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,524 | €31,607 | +€4,083 | +14.8% |
| Amounts payable | 17/49 | €297,758 | €258,954 | -€38,804 | -13.0% |
| Amounts payable after more than one year | 17 | €181,133 | €129,307 | -€51,826 | -28.6% |
| Financial debts | 170/4 | €66,133 | €14,307 | -€51,826 | -78.4% |
| Other amounts payable | 178/9 | €115,000 | €115,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €113,339 | €126,137 | +€12,798 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €61,689 | €51,826 | -€9,863 | -16.0% |
| Trade debts | 44 | €14,070 | €4,235 | -€9,835 | -69.9% |
| Suppliers | 440/4 | - | €4,235 | +€4,235 | |
| Bills of exchange payable | 441 | €14,070 | - | -€14,070 | |
| Taxes, remuneration and social security | 45 | €18,376 | €13,447 | -€4,929 | -26.8% |
| Taxes | 450/3 | €5,241 | €2,105 | -€3,136 | -59.8% |
| Remuneration and social security | 454/9 | €13,135 | €11,342 | -€1,793 | -13.7% |
| Other amounts payable | 47/48 | €19,204 | €56,629 | +€37,425 | +194.9% |
| Accrued charges and deferred income | 492/3 | €3,286 | €3,510 | +€224 | +6.8% |
| Remuneration, social security and pensions | 62 | €49,943 | €67,906 | +€17,963 | +36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,246 | €96,030 | -€3,216 | -3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,113 | -€16,113 | -€32,226 | |
| Other operating charges | 640/8 | €1,127 | €30,187 | +€29,060 | +2578.5% |
| Gross operating margin | 9900 | €174,165 | €186,285 | +€12,120 | +7.0% |
| Operating profit (loss) | 9901 | €7,736 | €8,275 | +€539 | +7.0% |
| Financial income | 75/76B | €1 | €48 | +€47 | +4700.0% |
| Recurring financial income | 75 | €1 | €48 | +€47 | +4700.0% |
| Financial charges | 65/66B | €6,772 | €4,240 | -€2,532 | -37.4% |
| Recurring financial charges | 65 | €6,772 | €4,240 | -€2,532 | -37.4% |
| Profit (loss) for the period before taxes | 9903 | €965 | €4,083 | +€3,118 | +323.1% |
| Profit (loss) for the period | 9904 | €965 | €4,083 | +€3,118 | +323.1% |
| Profit (loss) for the period to be appropriated | 9905 | €965 | €4,083 | +€3,118 | +323.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.