AB+: 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.
AB+
Largest movements
- Cash +€13,719
up €13,719 (+50.8%), from €26,992 to €40,711
mainly Trade debts (+€11,421) and Depreciation (+€11,340)
- Tangible fixed assets -€11,340
down €11,340 (-32.0%), from €35,389 to €24,049
of which Furniture and vehicles: -€9,133
- Receivables within one year +€3,680
up €3,680 (+107.4%), from €3,426 to €7,105
of which Other amounts receivable: +€2,301
- Trade debts +€11,421
up €11,421 (+231.3%), from €4,938 to €16,359
- Debts after one year -€6,582
down €6,582 (-66.1%), from €9,956 to €3,374
- Profit (loss) carried forward +€5,177
up €5,177 (+26.1%), from -€19,814 to -€14,637
- Current portion of long-term debt -€4,938
down €4,938 (-42.9%), from €11,520 to €6,582
- Tax, wage and social debts +€3,440
up €3,440 (+94.7%), from €3,632 to €7,072
- Depreciation -€2,668
down €2,668 (-19.0%), from €14,008 to €11,340
- Gross operating margin -€1,266
down €1,266 (-6.6%), from €19,211 to €17,946
- Financial charges -€553
down €553 (-37.6%), from €1,471 to €918
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 | €68,644 | €75,265 | +€6,621 | +9.6% |
| Fixed assets | 21/28 | €35,389 | €24,049 | -€11,340 | -32.0% |
| Tangible fixed assets | 22/27 | €35,389 | €24,049 | -€11,340 | -32.0% |
| Land and buildings | 22 | €10,457 | €8,451 | -€2,006 | -19.2% |
| Plant, machinery and equipment | 23 | €201 | €0 | -€201 | -100.0% |
| Furniture and vehicles | 24 | €24,731 | €15,598 | -€9,133 | -36.9% |
| Current assets | 29/58 | €33,255 | €51,216 | +€17,961 | +54.0% |
| Amounts receivable within one year | 40/41 | €3,426 | €7,105 | +€3,680 | +107.4% |
| Trade receivables | 40 | €3,039 | €4,418 | +€1,379 | +45.4% |
| Other amounts receivable | 41 | €386 | €2,687 | +€2,301 | +595.3% |
| Cash at bank and in hand | 54/58 | €26,992 | €40,711 | +€13,719 | +50.8% |
| Deferred charges and accrued income | 490/1 | €2,837 | €3,400 | +€563 | +19.8% |
| Total equity and liabilities | 10/49 | €68,644 | €75,265 | +€6,621 | +9.6% |
| Equity | 10/15 | €30,526 | €35,703 | +€5,177 | +17.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,740 | €31,740 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €29,880 | €29,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,814 | -€14,637 | +€5,177 | +26.1% |
| Amounts payable | 17/49 | €38,118 | €39,562 | +€1,444 | +3.8% |
| Amounts payable after more than one year | 17 | €9,956 | €3,374 | -€6,582 | -66.1% |
| Financial debts | 170/4 | €9,956 | €3,374 | -€6,582 | -66.1% |
| Amounts payable within one year | 42/48 | €28,162 | €35,702 | +€7,540 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €11,520 | €6,582 | -€4,938 | -42.9% |
| Trade debts | 44 | €4,938 | €16,359 | +€11,421 | +231.3% |
| Suppliers | 440/4 | €4,938 | €16,359 | +€11,421 | +231.3% |
| Taxes, remuneration and social security | 45 | €3,632 | €7,072 | +€3,440 | +94.7% |
| Taxes | 450/3 | €3,632 | €7,072 | +€3,440 | +94.7% |
| Other amounts payable | 47/48 | €8,072 | €5,690 | -€2,382 | -29.5% |
| Accrued charges and deferred income | 492/3 | - | €486 | +€486 | |
| Non-recurring operating income | 76A | €50 | - | -€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,008 | €11,340 | -€2,668 | -19.0% |
| Other operating charges | 640/8 | €579 | €511 | -€67 | -11.6% |
| Gross operating margin | 9900 | €19,211 | €17,946 | -€1,266 | -6.6% |
| Operating profit (loss) | 9901 | €4,625 | €6,095 | +€1,470 | +31.8% |
| Financial income | 75/76B | €21 | €1 | -€20 | -96.1% |
| Recurring financial income | 75 | €21 | €1 | -€20 | -96.1% |
| Financial charges | 65/66B | €1,471 | €918 | -€553 | -37.6% |
| Recurring financial charges | 65 | €1,471 | €918 | -€553 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €3,175 | €5,177 | +€2,002 | +63.1% |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | €3,175 | €5,177 | +€2,002 | +63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,175 | €5,177 | +€2,002 | +63.1% |
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 5 October 2026 via checked.be.