AB 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.
AB Concept
Largest movements
- Receivables within one year +€30,173
up €30,173 (+76.1%), from €39,624 to €69,797
of which Other amounts receivable: +€24,474
- Tangible fixed assets -€18,530
down €18,530 (-70.8%), from €26,155 to €7,625
of which Plant, machinery and equipment: -€11,981
- Cash +€8,076
up €8,076 (+7.9%), from €102,640 to €110,716
mainly Net result for the year (+€44,730) and Investment in fixed assets (net) (+€12,818)
- Reserves +€44,730
up €44,730 (+72.5%), from €61,659 to €106,389
of which Distributable reserves: +€44,730
- Accrued charges and deferred income -€28,282
no longer reported in 2025 (was €28,282)
- Trade debts +€10,388
up €10,388 (+34.7%), from €29,911 to €40,299
- Tax, wage and social debts -€8,109
down €8,109 (-51.5%), from €15,754 to €7,645
- Gross operating margin -€6,668
down €6,668 (-7.5%), from €88,615 to €81,948
- Depreciation -€1,736
down €1,736 (-23.3%), from €7,447 to €5,712
- Financial income -€1,178
down €1,178 (-65.7%), from €1,795 to €616
- Taxes -€1,058
down €1,058 (-4.9%), from €21,623 to €20,564
- Other operating charges -€993
down €993 (-71.1%), from €1,397 to €404
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 | €170,120 | €189,117 | +€18,997 | +11.2% |
| Fixed assets | 21/28 | €26,155 | €7,625 | -€18,530 | -70.8% |
| Tangible fixed assets | 22/27 | €26,155 | €7,625 | -€18,530 | -70.8% |
| Plant, machinery and equipment | 23 | €11,981 | - | -€11,981 | |
| Furniture and vehicles | 24 | €14,174 | €7,625 | -€6,549 | -46.2% |
| Current assets | 29/58 | €143,965 | €181,492 | +€37,527 | +26.1% |
| Stocks and contracts in progress | 3 | - | €181 | +€181 | |
| Stocks | 30/36 | - | €181 | +€181 | |
| Amounts receivable within one year | 40/41 | €39,624 | €69,797 | +€30,173 | +76.1% |
| Trade receivables | 40 | €39,624 | €45,323 | +€5,699 | +14.4% |
| Other amounts receivable | 41 | €0 | €24,474 | +€24,474 | |
| Cash at bank and in hand | 54/58 | €102,640 | €110,716 | +€8,076 | +7.9% |
| Deferred charges and accrued income | 490/1 | €1,701 | €797 | -€903 | -53.1% |
| Total equity and liabilities | 10/49 | €170,120 | €189,117 | +€18,997 | +11.2% |
| Equity | 10/15 | €74,059 | €118,789 | +€44,730 | +60.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €61,659 | €106,389 | +€44,730 | +72.5% |
| 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 | €59,799 | €104,529 | +€44,730 | +74.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €96,061 | €70,327 | -€25,733 | -26.8% |
| Amounts payable within one year | 42/48 | €67,779 | €70,327 | +€2,548 | +3.8% |
| Trade debts | 44 | €29,911 | €40,299 | +€10,388 | +34.7% |
| Suppliers | 440/4 | €29,911 | €40,299 | +€10,388 | +34.7% |
| Taxes, remuneration and social security | 45 | €15,754 | €7,645 | -€8,109 | -51.5% |
| Taxes | 450/3 | €15,754 | €7,645 | -€8,109 | -51.5% |
| Other amounts payable | 47/48 | €22,113 | €22,383 | +€270 | +1.2% |
| Accrued charges and deferred income | 492/3 | €28,282 | - | -€28,282 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,447 | €5,712 | -€1,736 | -23.3% |
| Other operating charges | 640/8 | €1,397 | €404 | -€993 | -71.1% |
| Non-recurring operating charges | 66A | - | €10,940 | +€10,940 | |
| Gross operating margin | 9900 | €88,615 | €81,948 | -€6,668 | -7.5% |
| Operating profit (loss) | 9901 | €79,771 | €64,892 | -€14,879 | -18.7% |
| Financial income | 75/76B | €1,795 | €616 | -€1,178 | -65.7% |
| Recurring financial income | 75 | €1,795 | €616 | -€1,178 | -65.7% |
| Financial charges | 65/66B | €144 | €214 | +€70 | +48.5% |
| Recurring financial charges | 65 | €144 | €214 | +€70 | +48.5% |
| Profit (loss) for the period before taxes | 9903 | €81,422 | €65,295 | -€16,127 | -19.8% |
| Income taxes | 67/77 | €21,623 | €20,564 | -€1,058 | -4.9% |
| Profit (loss) for the period | 9904 | €59,799 | €44,730 | -€15,069 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,799 | €44,730 | -€15,069 | -25.2% |
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 6 October 2026 via checked.be.