AB-Expert: 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-Expert
Largest movements
- Cash -€19,110
down €19,110 (-83.2%), from €22,963 to €3,853
mainly Investment in fixed assets (net) (-€17,580) and Receivables within one year (-€4,648)
- Tangible fixed assets +€12,076
up €12,076 (+67.5%), from €17,899 to €29,975
of which Land and buildings: +€6,877
- Receivables within one year +€4,648
up €4,648 (+97.7%), from €4,756 to €9,404
of which Other amounts receivable: +€8,180
- Tax, wage and social debts -€2,154
down €2,154 (-25.8%), from €8,361 to €6,207
- Profit (loss) carried forward -€2,151
new in 2025: -€2,151
- Trade debts +€1,515
up €1,515 (+120.2%), from €1,260 to €2,775
- Gross operating margin -€20,000
down €20,000 (-56.4%), from €35,454 to €15,454
- Financial charges +€3,714
up €3,714 (+1014.8%), from €366 to €4,080
- Taxes -€3,340
down €3,340 (-65.3%), from €5,118 to €1,778
- Staff costs -€2,379
down €2,379 (-29.5%), from €8,078 to €5,699
- Depreciation +€2,111
up €2,111 (+62.2%), from €3,393 to €5,504
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 | €46,022 | €43,232 | -€2,790 | -6.1% |
| Fixed assets | 21/28 | €17,899 | €29,975 | +€12,076 | +67.5% |
| Tangible fixed assets | 22/27 | €17,899 | €29,975 | +€12,076 | +67.5% |
| Land and buildings | 22 | - | €6,877 | +€6,877 | |
| Plant, machinery and equipment | 23 | €6,481 | €8,777 | +€2,296 | +35.4% |
| Furniture and vehicles | 24 | €11,418 | €14,321 | +€2,903 | +25.4% |
| Current assets | 29/58 | €28,123 | €13,257 | -€14,866 | -52.9% |
| Amounts receivable within one year | 40/41 | €4,756 | €9,404 | +€4,648 | +97.7% |
| Trade receivables | 40 | €3,532 | - | -€3,532 | |
| Other amounts receivable | 41 | €1,224 | €9,404 | +€8,180 | +668.3% |
| Cash at bank and in hand | 54/58 | €22,963 | €3,853 | -€19,110 | -83.2% |
| Deferred charges and accrued income | 490/1 | €404 | - | -€404 | |
| Total equity and liabilities | 10/49 | €46,022 | €43,232 | -€2,790 | -6.1% |
| Equity | 10/15 | €36,401 | €34,250 | -€2,151 | -5.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €34,401 | €34,401 | = | 0.0% |
| Distributable reserves | 133 | €34,401 | €34,401 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,151 | -€2,151 | |
| Amounts payable | 17/49 | €9,621 | €8,982 | -€639 | -6.6% |
| Amounts payable within one year | 42/48 | €9,621 | €8,982 | -€639 | -6.6% |
| Trade debts | 44 | €1,260 | €2,775 | +€1,515 | +120.2% |
| Suppliers | 440/4 | €1,260 | €2,775 | +€1,515 | +120.2% |
| Taxes, remuneration and social security | 45 | €8,361 | €6,207 | -€2,154 | -25.8% |
| Taxes | 450/3 | €8,361 | €6,207 | -€2,154 | -25.8% |
| Remuneration, social security and pensions | 62 | €8,078 | €5,699 | -€2,379 | -29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,393 | €5,504 | +€2,111 | +62.2% |
| Other operating charges | 640/8 | €557 | €544 | -€13 | -2.3% |
| Gross operating margin | 9900 | €35,454 | €15,454 | -€20,000 | -56.4% |
| Operating profit (loss) | 9901 | €23,426 | €3,707 | -€19,719 | -84.2% |
| Financial income | 75/76B | €372 | - | -€372 | |
| Recurring financial income | 75 | €372 | - | -€372 | |
| Financial charges | 65/66B | €366 | €4,080 | +€3,714 | +1014.8% |
| Recurring financial charges | 65 | €366 | €4,080 | +€3,714 | +1014.8% |
| Profit (loss) for the period before taxes | 9903 | €23,432 | -€373 | -€23,805 | |
| Income taxes | 67/77 | €5,118 | €1,778 | -€3,340 | -65.3% |
| Profit (loss) for the period | 9904 | €18,314 | -€2,151 | -€20,465 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,314 | -€2,151 | -€20,465 |
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 3 October 2026 via checked.be.