A-BIG CONCEPT: 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-BIG CONCEPT
Largest movements
- Tangible fixed assets -€498,793
down €498,793 (-96.9%), from €514,800 to €16,007
of which Land and buildings: -€351,799
- Receivables within one year +€100,145
up €100,145 (+28.6%), from €350,440 to €450,585
of which Trade receivables: +€87,693
- Deferred charges and accrued income -€77,325
down €77,325 (-96.8%), from €79,907 to €2,582
- Receivables after one year +€61,350
new in 2025: €61,350
- Cash +€15,355
up €15,355 (+76.3%), from €20,130 to €35,485
mainly Investment in fixed assets (net) (+€495,384) and Accrued charges and deferred income (+€151,103)
- Debts after one year -€321,812
down €321,812 (-91.4%), from €351,949 to €30,137
- Accrued charges and deferred income +€151,103
up €151,103 (+1268.0%), from €11,917 to €163,020
- Current portion of long-term debt -€95,844
down €95,844 (-53.8%), from €178,237 to €82,394
- Trade debts -€50,892
down €50,892 (-63.6%), from €80,065 to €29,172
- Short-term financial debts -€35,930
down €35,930 (-14.7%), from €244,600 to €208,670
- Gross operating margin +€110,344
up €110,344 (+77.1%), from €143,155 to €253,499
- Depreciation -€50,142
down €50,142 (-93.6%), from €53,551 to €3,409
- Taxes -€17,979
down €17,979 (-94.6%), from €19,000 to €1,021
- Staff costs -€16,065
down €16,065 (-15.5%), from €103,369 to €87,305
- Financial charges +€6,738
up €6,738 (+12.9%), from €52,330 to €59,069
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 | €1,184,451 | €790,666 | -€393,785 | -33.2% |
| Fixed assets | 21/28 | €519,300 | €20,507 | -€498,793 | -96.1% |
| Tangible fixed assets | 22/27 | €514,800 | €16,007 | -€498,793 | -96.9% |
| Land and buildings | 22 | €351,799 | €0 | -€351,799 | -100.0% |
| Plant, machinery and equipment | 23 | €64,149 | €12,872 | -€51,277 | -79.9% |
| Furniture and vehicles | 24 | €78,125 | €0 | -€78,125 | -100.0% |
| Leasing and similar rights | 25 | €5,660 | €0 | -€5,660 | -100.0% |
| Other tangible fixed assets | 26 | €15,068 | €3,135 | -€11,932 | -79.2% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €665,151 | €770,159 | +€105,008 | +15.8% |
| Amounts receivable after more than one year | 29 | - | €61,350 | +€61,350 | |
| Trade receivables | 290 | - | €61,350 | +€61,350 | |
| Stocks and contracts in progress | 3 | €214,675 | €220,158 | +€5,483 | +2.6% |
| Stocks | 30/36 | €214,675 | €220,158 | +€5,483 | +2.6% |
| Amounts receivable within one year | 40/41 | €350,440 | €450,585 | +€100,145 | +28.6% |
| Trade receivables | 40 | €18,165 | €105,858 | +€87,693 | +482.8% |
| Other amounts receivable | 41 | €332,276 | €344,727 | +€12,451 | +3.7% |
| Cash at bank and in hand | 54/58 | €20,130 | €35,485 | +€15,355 | +76.3% |
| Deferred charges and accrued income | 490/1 | €79,907 | €2,582 | -€77,325 | -96.8% |
| Total equity and liabilities | 10/49 | €1,184,451 | €790,666 | -€393,785 | -33.2% |
| Equity | 10/15 | €279,679 | €259,736 | -€19,943 | -7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €261,079 | €241,136 | -€19,943 | -7.6% |
| Distributable reserves | 133 | €261,079 | €241,136 | -€19,943 | -7.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €904,772 | €530,930 | -€373,841 | -41.3% |
| Amounts payable after more than one year | 17 | €351,949 | €30,137 | -€321,812 | -91.4% |
| Financial debts | 170/4 | €351,949 | €30,137 | -€321,812 | -91.4% |
| Amounts payable within one year | 42/48 | €540,906 | €337,774 | -€203,132 | -37.6% |
| Current portion of amounts payable after more than one year | 42 | €178,237 | €82,394 | -€95,844 | -53.8% |
| Financial debts | 43 | €244,600 | €208,670 | -€35,930 | -14.7% |
| Credit institutions | 430/8 | €244,600 | €208,670 | -€35,930 | -14.7% |
| Trade debts | 44 | €80,065 | €29,172 | -€50,892 | -63.6% |
| Suppliers | 440/4 | €80,065 | €29,172 | -€50,892 | -63.6% |
| Advances received on contracts in progress | 46 | €636 | €282 | -€354 | -55.7% |
| Taxes, remuneration and social security | 45 | €37,368 | €17,256 | -€20,112 | -53.8% |
| Taxes | 450/3 | €37,368 | €17,256 | -€20,112 | -53.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €11,917 | €163,020 | +€151,103 | +1268.0% |
| Non-recurring operating income | 76A | €20,014 | €40,000 | +€19,986 | +99.9% |
| Remuneration, social security and pensions | 62 | €103,369 | €87,305 | -€16,065 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,551 | €3,409 | -€50,142 | -93.6% |
| Other operating charges | 640/8 | €15,820 | €10,080 | -€5,741 | -36.3% |
| Non-recurring operating charges | 66A | €7,531 | €129,421 | +€121,889 | +1618.4% |
| Gross operating margin | 9900 | €143,155 | €253,499 | +€110,344 | +77.1% |
| Operating profit (loss) | 9901 | -€37,118 | €23,286 | +€60,403 | |
| Financial income | 75/76B | €11,308 | €16,861 | +€5,552 | +49.1% |
| Recurring financial income | 75 | €11,308 | €16,861 | +€5,552 | +49.1% |
| Financial charges | 65/66B | €52,330 | €59,069 | +€6,738 | +12.9% |
| Recurring financial charges | 65 | €52,330 | €59,069 | +€6,738 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | -€78,139 | -€18,922 | +€59,217 | +75.8% |
| Income taxes | 67/77 | €19,000 | €1,021 | -€17,979 | -94.6% |
| Profit (loss) for the period | 9904 | -€97,140 | -€19,943 | +€77,197 | +79.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€97,140 | -€19,943 | +€77,197 | +79.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.