AB Law: 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 Law
Largest movements
- Cash +€213,367
up €213,367 (+851%), from €25,061 to €238,428
mainly Net result for the year (+€168,729) and Receivables within one year (+€115,725)
- Receivables within one year -€115,725
down €115,725 (-43.6%), from €265,359 to €149,634
of which Trade receivables: -€99,008
- Receivables after one year +€49,000
up €49,000 (+8.0%), from €609,832 to €658,832
- Reserves +€140,729
up €140,729 (+33.1%), from €425,665 to €566,394
of which Distributable reserves: +€140,729
- Tax, wage and social debts +€35,491
up €35,491, from €0 to €35,491
of which Taxes: +€35,491
- Trade debts -€15,123
down €15,123 (-5.3%), from €286,405 to €271,282
- Gross operating margin +€199,261
up €199,261 (+170%), from €117,353 to €316,614
- Taxes +€42,220
up €42,220 (+316%), from €13,361 to €55,581
- Staff costs +€7,280
up €7,280 (+12.3%), from €59,411 to €66,691
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 | €971,755 | €1,120,373 | +€148,618 | +15.3% |
| Fixed assets | 21/28 | €65,974 | €64,397 | -€1,577 | -2.4% |
| Tangible fixed assets | 22/27 | €65,974 | €64,397 | -€1,577 | -2.4% |
| Land and buildings | 22 | €38,685 | €30,813 | -€7,872 | -20.3% |
| Plant, machinery and equipment | 23 | €1,198 | €773 | -€425 | -35.4% |
| Furniture and vehicles | 24 | €20,073 | €14,752 | -€5,321 | -26.5% |
| Other tangible fixed assets | 26 | €6,018 | €18,058 | +€12,040 | +200% |
| Current assets | 29/58 | €905,782 | €1,055,977 | +€150,195 | +16.6% |
| Amounts receivable after more than one year | 29 | €609,832 | €658,832 | +€49,000 | +8.0% |
| Other amounts receivable | 291 | €609,832 | €658,832 | +€49,000 | +8.0% |
| Amounts receivable within one year | 40/41 | €265,359 | €149,634 | -€115,725 | -43.6% |
| Trade receivables | 40 | €215,921 | €116,912 | -€99,008 | -45.9% |
| Other amounts receivable | 41 | €49,439 | €32,721 | -€16,717 | -33.8% |
| Cash at bank and in hand | 54/58 | €25,061 | €238,428 | +€213,367 | +851% |
| Deferred charges and accrued income | 490/1 | €5,529 | €9,083 | +€3,553 | +64.3% |
| Total equity and liabilities | 10/49 | €971,755 | €1,120,373 | +€148,618 | +15.3% |
| Equity | 10/15 | €445,665 | €586,394 | +€140,729 | +31.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €425,665 | €566,394 | +€140,729 | +33.1% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €480 | €480 | = | 0.0% |
| Distributable reserves | 133 | €423,185 | €563,914 | +€140,729 | +33.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €526,091 | €533,980 | +€7,889 | +1.5% |
| Amounts payable after more than one year | 17 | €128,666 | €121,456 | -€7,210 | -5.6% |
| Financial debts | 170/4 | €128,666 | €121,456 | -€7,210 | -5.6% |
| Amounts payable within one year | 42/48 | €355,424 | €378,524 | +€23,099 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €8,028 | €8,237 | +€210 | +2.6% |
| Financial debts | 43 | €60,107 | €63,514 | +€3,407 | +5.7% |
| Credit institutions | 430/8 | €60,107 | €63,514 | +€3,407 | +5.7% |
| Trade debts | 44 | €286,405 | €271,282 | -€15,123 | -5.3% |
| Suppliers | 440/4 | €286,405 | €271,282 | -€15,123 | -5.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | €35,491 | +€35,491 | |
| Taxes | 450/3 | €0 | €35,491 | +€35,491 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €885 | €0 | -€885 | -100% |
| Accrued charges and deferred income | 492/3 | €42,000 | €34,000 | -€8,000 | -19.0% |
| Remuneration, social security and pensions | 62 | €59,411 | €66,691 | +€7,280 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,579 | €14,577 | -€2 | 0.0% |
| Other operating charges | 640/8 | €4,687 | €5,158 | +€471 | +10.1% |
| Gross operating margin | 9900 | €117,353 | €316,614 | +€199,261 | +170% |
| Operating profit (loss) | 9901 | €38,676 | €230,188 | +€191,511 | +495% |
| Financial income | 75/76B | €7,000 | €8,060 | +€1,060 | +15.1% |
| Recurring financial income | 75 | €7,000 | €8,060 | +€1,060 | +15.1% |
| Financial charges | 65/66B | €16,037 | €13,938 | -€2,099 | -13.1% |
| Recurring financial charges | 65 | €16,037 | €13,938 | -€2,099 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €29,639 | €224,310 | +€194,671 | +657% |
| Income taxes | 67/77 | €13,361 | €55,581 | +€42,220 | +316% |
| Profit (loss) for the period | 9904 | €16,278 | €168,729 | +€152,451 | +937% |
| Profit (loss) for the period to be appropriated | 9905 | €16,278 | €168,729 | +€152,451 | +937% |
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 18 October 2026 via checked.be.