AB Crédit: 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 Crédit
Largest movements
- Tangible fixed assets -€380,070
down €380,070 (-32.6%), from €1.2m to €786,126
of which Land and buildings: -€373,824
- Cash +€291,334
up €291,334 (+315%), from €92,516 to €383,850
mainly Investment in fixed assets (net) (+€330,235) and Net result for the year (+€55,705)
- Other debts -€133,260
down €133,260 (-32.7%), from €407,784 to €274,524
- Profit (loss) carried forward +€55,705
up €55,705 (+13.0%), from €429,312 to €485,017
- Gross operating margin +€99,592
up €99,592 (+625%), from €15,922 to €115,514
- Depreciation -€16,512
down €16,512 (-24.9%), from €66,347 to €49,835
- Other operating charges -€4,485
down €4,485 (-32.9%), from €13,628 to €9,142
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.
Derived cash bridge
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 | €1,304,866 | €1,225,222 | -€79,644 | -6.1% |
| Fixed assets | 21/28 | €1,166,406 | €786,336 | -€380,070 | -32.6% |
| Tangible fixed assets | 22/27 | €1,166,196 | €786,126 | -€380,070 | -32.6% |
| Land and buildings | 22 | €1,153,464 | €779,641 | -€373,824 | -32.4% |
| Plant, machinery and equipment | 23 | €5,305 | €4,758 | -€547 | -10.3% |
| Furniture and vehicles | 24 | €1,034 | €1,488 | +€454 | +43.9% |
| Other tangible fixed assets | 26 | €6,393 | €240 | -€6,153 | -96.3% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €138,460 | €438,885 | +€300,425 | +217% |
| Amounts receivable within one year | 40/41 | €39,093 | €49,275 | +€10,182 | +26.0% |
| Trade receivables | 40 | - | €247 | +€247 | |
| Other amounts receivable | 41 | €39,093 | €49,028 | +€9,935 | +25.4% |
| Cash at bank and in hand | 54/58 | €92,516 | €383,850 | +€291,334 | +315% |
| Deferred charges and accrued income | 490/1 | €6,851 | €5,761 | -€1,090 | -15.9% |
| Total equity and liabilities | 10/49 | €1,304,866 | €1,225,222 | -€79,644 | -6.1% |
| Equity | 10/15 | €893,536 | €949,241 | +€55,705 | +6.2% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Reserves | 13 | €334,224 | €334,224 | = | 0.0% |
| Distributable reserves | 133 | €334,224 | €334,224 | = | 0.0% |
| Profit (loss) carried forward | 14 | €429,312 | €485,017 | +€55,705 | +13.0% |
| Amounts payable | 17/49 | €411,330 | €275,981 | -€135,349 | -32.9% |
| Amounts payable within one year | 42/48 | €411,330 | €275,981 | -€135,349 | -32.9% |
| Trade debts | 44 | €3,546 | €1,457 | -€2,089 | -58.9% |
| Suppliers | 440/4 | €3,546 | €1,457 | -€2,089 | -58.9% |
| Other amounts payable | 47/48 | €407,784 | €274,524 | -€133,260 | -32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,347 | €49,835 | -€16,512 | -24.9% |
| Other operating charges | 640/8 | €13,628 | €9,142 | -€4,485 | -32.9% |
| Gross operating margin | 9900 | €15,922 | €115,514 | +€99,592 | +625% |
| Operating profit (loss) | 9901 | -€64,052 | €56,536 | +€120,589 | |
| Financial income | 75/76B | €22 | €24 | +€3 | +12.7% |
| Recurring financial income | 75 | €22 | €24 | +€3 | +12.7% |
| Financial charges | 65/66B | €611 | €856 | +€245 | +40.1% |
| Recurring financial charges | 65 | €611 | €856 | +€245 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | -€64,642 | €55,705 | +€120,346 | |
| Income taxes | 67/77 | €553 | - | -€553 | |
| Profit (loss) for the period | 9904 | -€65,194 | €55,705 | +€120,899 | |
| Profit (loss) for the period to be appropriated | 9905 | -€65,194 | €55,705 | +€120,899 |
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 19 October 2026 via checked.be.