AB CONCEPTS: 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.
AB CONCEPTS
Largest movements
- Receivables within one year +€135,219
up €135,219 (+39.0%), from €346,463 to €481,682
of which Trade receivables: +€117,418
- Cash +€122,271
up €122,271 (+1442.4%), from €8,477 to €130,748
mainly Accrued charges and deferred income (+€141,954) and Trade debts (+€80,470)
- Tangible fixed assets -€9,891
down €9,891 (-50.5%), from €19,573 to €9,682
of which Furniture and vehicles: -€9,335
- Accrued charges and deferred income +€141,954
up €141,954 (+50422.3%), from €282 to €142,235
- Trade debts +€80,470
up €80,470 (+44.1%), from €182,529 to €262,999
- Profit (loss) carried forward +€51,821
up €51,821 (+29.0%), from €178,838 to €230,659
- Other debts -€22,808
down €22,808 (-98.5%), from €23,151 to €343
- Gross operating margin +€39,853
up €39,853 (+66.8%), from €59,619 to €99,472
- Taxes +€11,152
up €11,152 (+120.3%), from €9,270 to €20,422
- Staff costs +€5,753
up €5,753 (+40.0%), from €14,398 to €20,151
- Other operating charges -€2,716
down €2,716 (-57.7%), from €4,708 to €1,992
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 | €460,490 | €709,603 | +€249,113 | +54.1% |
| Fixed assets | 21/28 | €101,403 | €91,512 | -€9,891 | -9.8% |
| Tangible fixed assets | 22/27 | €19,573 | €9,682 | -€9,891 | -50.5% |
| Plant, machinery and equipment | 23 | €1,223 | €667 | -€557 | -45.5% |
| Furniture and vehicles | 24 | €18,350 | €9,015 | -€9,335 | -50.9% |
| Financial fixed assets | 28 | €81,830 | €81,830 | = | 0.0% |
| Current assets | 29/58 | €359,087 | €618,091 | +€259,004 | +72.1% |
| Amounts receivable within one year | 40/41 | €346,463 | €481,682 | +€135,219 | +39.0% |
| Trade receivables | 40 | €201,368 | €318,785 | +€117,418 | +58.3% |
| Other amounts receivable | 41 | €145,095 | €162,897 | +€17,801 | +12.3% |
| Cash at bank and in hand | 54/58 | €8,477 | €130,748 | +€122,271 | +1442.4% |
| Deferred charges and accrued income | 490/1 | €4,147 | €5,661 | +€1,514 | +36.5% |
| Total equity and liabilities | 10/49 | €460,490 | €709,603 | +€249,113 | +54.1% |
| Equity | 10/15 | €219,594 | €271,415 | +€51,821 | +23.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €28,356 | €28,356 | = | 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 | €26,496 | €26,496 | = | 0.0% |
| Profit (loss) carried forward | 14 | €178,838 | €230,659 | +€51,821 | +29.0% |
| Amounts payable | 17/49 | €240,896 | €438,188 | +€197,292 | +81.9% |
| Amounts payable within one year | 42/48 | €240,615 | €295,952 | +€55,338 | +23.0% |
| Financial debts | 43 | €4,105 | €4,081 | -€25 | -0.6% |
| Other loans | 439 | €4,105 | €4,081 | -€25 | -0.6% |
| Trade debts | 44 | €182,529 | €262,999 | +€80,470 | +44.1% |
| Suppliers | 440/4 | €182,529 | €262,999 | +€80,470 | +44.1% |
| Taxes, remuneration and social security | 45 | €30,830 | €28,530 | -€2,300 | -7.5% |
| Taxes | 450/3 | €25,290 | €23,152 | -€2,138 | -8.5% |
| Remuneration and social security | 454/9 | €5,540 | €5,377 | -€162 | -2.9% |
| Other amounts payable | 47/48 | €23,151 | €343 | -€22,808 | -98.5% |
| Accrued charges and deferred income | 492/3 | €282 | €142,235 | +€141,954 | +50422.3% |
| Remuneration, social security and pensions | 62 | €14,398 | €20,151 | +€5,753 | +40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,699 | €6,651 | +€952 | +16.7% |
| Other operating charges | 640/8 | €4,708 | €1,992 | -€2,716 | -57.7% |
| Operating charges capitalised as restructuring costs | 649 | - | -€3,750 | -€3,750 | |
| Non-recurring operating charges | 66A | - | €3,240 | +€3,240 | |
| Gross operating margin | 9900 | €59,619 | €99,472 | +€39,853 | +66.8% |
| Operating profit (loss) | 9901 | €34,813 | €71,188 | +€36,375 | +104.5% |
| Financial income | 75/76B | €2,839 | €2,837 | -€2 | -0.1% |
| Recurring financial income | 75 | €2,839 | €2,837 | -€2 | -0.1% |
| Financial charges | 65/66B | €1,886 | €1,781 | -€105 | -5.6% |
| Recurring financial charges | 65 | €1,886 | €1,781 | -€105 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €35,766 | €72,243 | +€36,477 | +102.0% |
| Income taxes | 67/77 | €9,270 | €20,422 | +€11,152 | +120.3% |
| Profit (loss) for the period | 9904 | €26,496 | €51,821 | +€25,325 | +95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,496 | €51,821 | +€25,325 | +95.6% |
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 9 October 2026 via checked.be.