AB Fin Advisory: 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 Fin Advisory
Largest movements
- Tangible fixed assets -€53,341
down €53,341 (-3.6%), from €1.5m to €1.4m
of which Land and buildings: -€51,138
- Current investments -€20,000
down €20,000 (-100%), from €20,000 to €0
- Receivables within one year -€18,606
down €18,606 (-40.5%), from €45,905 to €27,299
of which Other amounts receivable: -€20,495
- Reserves -€206,713
down €206,713 (-99.0%), from €208,750 to €2,037
- Other debts +€175,060
up €175,060 (+524%), from €33,420 to €208,480
- Debts after one year -€73,076
down €73,076 (-5.2%), from €1.4m to €1.3m
- Write-downs -€40,720
down €40,720 (-100%), from €40,720 to €0
- Gross operating margin -€15,644
down €15,644 (-10.2%), from €152,932 to €137,288
- Taxes +€6,264
up €6,264 (+111%), from €5,664 to €11,928
- Depreciation +€1,881
up €1,881 (+3.0%), from €63,008 to €64,889
- Financial charges -€1,608
down €1,608 (-4.8%), from €33,231 to €31,622
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 | €1,773,049 | €1,668,055 | -€104,994 | -5.9% |
| Fixed assets | 21/28 | €1,491,341 | €1,438,000 | -€53,341 | -3.6% |
| Tangible fixed assets | 22/27 | €1,491,341 | €1,438,000 | -€53,341 | -3.6% |
| Land and buildings | 22 | €1,390,595 | €1,339,457 | -€51,138 | -3.7% |
| Furniture and vehicles | 24 | €100,746 | €98,543 | -€2,203 | -2.2% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €281,708 | €230,055 | -€51,653 | -18.3% |
| Amounts receivable within one year | 40/41 | €45,905 | €27,299 | -€18,606 | -40.5% |
| Trade receivables | 40 | €25,410 | €27,299 | +€1,889 | +7.4% |
| Other amounts receivable | 41 | €20,495 | €0 | -€20,495 | -100% |
| Current investments | 50/53 | €20,000 | €0 | -€20,000 | -100% |
| Cash at bank and in hand | 54/58 | €188,377 | €173,075 | -€15,302 | -8.1% |
| Deferred charges and accrued income | 490/1 | €27,426 | €29,681 | +€2,255 | +8.2% |
| Total equity and liabilities | 10/49 | €1,773,049 | €1,668,055 | -€104,994 | -5.9% |
| Equity | 10/15 | €239,915 | €32,740 | -€207,175 | -86.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €208,750 | €2,037 | -€206,713 | -99.0% |
| Distributable reserves | 133 | €208,750 | €2,037 | -€206,713 | -99.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | €12,565 | €12,102 | -€463 | -3.7% |
| Amounts payable | 17/49 | €1,533,134 | €1,635,315 | +€102,181 | +6.7% |
| Amounts payable after more than one year | 17 | €1,397,849 | €1,324,773 | -€73,076 | -5.2% |
| Financial debts | 170/4 | €1,397,849 | €1,324,773 | -€73,076 | -5.2% |
| Amounts payable within one year | 42/48 | €135,101 | €310,429 | +€175,327 | +130% |
| Current portion of amounts payable after more than one year | 42 | €77,658 | €73,076 | -€4,582 | -5.9% |
| Trade debts | 44 | €22,541 | €9,746 | -€12,795 | -56.8% |
| Suppliers | 440/4 | €22,541 | €9,746 | -€12,795 | -56.8% |
| Advances received on contracts in progress | 46 | €0 | €243 | +€243 | |
| Taxes, remuneration and social security | 45 | €1,482 | €18,883 | +€17,401 | +1,174% |
| Taxes | 450/3 | €1,482 | €18,883 | +€17,401 | +1,174% |
| Other amounts payable | 47/48 | €33,420 | €208,480 | +€175,060 | +524% |
| Accrued charges and deferred income | 492/3 | €184 | €113 | -€70 | -38.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,008 | €64,889 | +€1,881 | +3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €40,720 | €0 | -€40,720 | -100% |
| Other operating charges | 640/8 | €446 | €593 | +€148 | +33.2% |
| Gross operating margin | 9900 | €152,932 | €137,288 | -€15,644 | -10.2% |
| Operating profit (loss) | 9901 | €48,759 | €71,805 | +€23,047 | +47.3% |
| Financial income | 75/76B | €5,144 | €4,032 | -€1,113 | -21.6% |
| Recurring financial income | 75 | €5,144 | €4,032 | -€1,113 | -21.6% |
| Financial charges | 65/66B | €33,231 | €31,622 | -€1,608 | -4.8% |
| Recurring financial charges | 65 | €33,231 | €31,622 | -€1,608 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €20,672 | €44,215 | +€23,543 | +114% |
| Income taxes | 67/77 | €5,664 | €11,928 | +€6,264 | +111% |
| Profit (loss) for the period | 9904 | €15,008 | €32,287 | +€17,279 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €15,008 | €32,287 | +€17,279 | +115% |
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 25 October 2026 via checked.be.