AB Corporation: what changed
AB Corporation
Largest movements
- Receivables within one year +€254,587
up €254,587 (+219%), from €116,113 to €370,700
of which Other amounts receivable: +€184,035
- Cash -€160,757
down €160,757 (-98.6%), from €162,964 to €2,208
mainly Receivables within one year (-€254,587) and Other debts (-€3,000)
- Deferred charges and accrued income -€5,553
down €5,553 (-81.1%), from €6,846 to €1,293
- Trade debts +€69,140
up €69,140 (+37.7%), from €183,436 to €252,577
- Tax, wage and social debts +€12,210
up €12,210 (+26.2%), from €46,567 to €58,777
of which Remuneration and social security: +€7,577
- Profit (loss) carried forward +€8,023
up €8,023 (+15.7%), from €51,229 to €59,252
- Staff costs +€44,238
up €44,238 (+34.8%), from €127,046 to €171,284
- Gross operating margin +€21,447
up €21,447 (+12.8%), from €167,718 to €189,166
- Taxes -€4,844
down €4,844 (-46.9%), from €10,329 to €5,486
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €298,492 | €384,866 | +€86,374 | +28.9% |
| Fixed assets | 21/28 | €11,748 | €9,845 | -€1,903 | -16.2% |
| Tangible fixed assets | 22/27 | €10,248 | €8,345 | -€1,903 | -18.6% |
| Furniture and vehicles | 24 | €10,248 | €6,560 | -€3,688 | -36.0% |
| Other tangible fixed assets | 26 | - | €1,785 | +€1,785 | |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €286,744 | €375,021 | +€88,277 | +30.8% |
| Stocks and contracts in progress | 3 | €821 | €821 | = | 0.0% |
| Stocks | 30/36 | €821 | €821 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €116,113 | €370,700 | +€254,587 | +219% |
| Trade receivables | 40 | €17,059 | €87,610 | +€70,552 | +414% |
| Other amounts receivable | 41 | €99,054 | €283,090 | +€184,035 | +186% |
| Cash at bank and in hand | 54/58 | €162,964 | €2,208 | -€160,757 | -98.6% |
| Deferred charges and accrued income | 490/1 | €6,846 | €1,293 | -€5,553 | -81.1% |
| Total equity and liabilities | 10/49 | €298,492 | €384,866 | +€86,374 | +28.9% |
| Equity | 10/15 | €65,489 | €73,512 | +€8,023 | +12.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €51,229 | €59,252 | +€8,023 | +15.7% |
| Amounts payable | 17/49 | €233,003 | €311,354 | +€78,351 | +33.6% |
| Amounts payable within one year | 42/48 | €233,003 | €311,354 | +€78,351 | +33.6% |
| Trade debts | 44 | €183,436 | €252,577 | +€69,140 | +37.7% |
| Suppliers | 440/4 | €183,436 | €252,577 | +€69,140 | +37.7% |
| Taxes, remuneration and social security | 45 | €46,567 | €58,777 | +€12,210 | +26.2% |
| Taxes | 450/3 | €14,402 | €19,035 | +€4,633 | +32.2% |
| Remuneration and social security | 454/9 | €32,166 | €39,742 | +€7,577 | +23.6% |
| Other amounts payable | 47/48 | €3,000 | - | -€3,000 | |
| Remuneration, social security and pensions | 62 | €127,046 | €171,284 | +€44,238 | +34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,449 | €3,688 | +€239 | +6.9% |
| Other operating charges | 640/8 | €884 | €468 | -€416 | -47.1% |
| Non-recurring operating charges | 66A | €2,104 | - | -€2,104 | |
| Gross operating margin | 9900 | €167,718 | €189,166 | +€21,447 | +12.8% |
| Operating profit (loss) | 9901 | €34,234 | €13,726 | -€20,509 | -59.9% |
| Financial income | 75/76B | €19 | €41 | +€23 | +122% |
| Recurring financial income | 75 | €19 | €41 | +€23 | +122% |
| Financial charges | 65/66B | €828 | €258 | -€570 | -68.9% |
| Recurring financial charges | 65 | €828 | €258 | -€570 | -68.9% |
| Profit (loss) for the period before taxes | 9903 | €33,425 | €13,509 | -€19,916 | -59.6% |
| Income taxes | 67/77 | €10,329 | €5,486 | -€4,844 | -46.9% |
| Profit (loss) for the period | 9904 | €23,096 | €8,023 | -€15,073 | -65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,096 | €8,023 | -€15,073 | -65.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.