AB - LEASE: 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 - LEASE
Largest movements
- Receivables after one year -€580,797
down €580,797 (-13.0%), from €4.5m to €3.9m
- Cash +€454,244
up €454,244 (+70.0%), from €648,845 to €1.1m
mainly Receivables after one year (+€580,797) and Depreciation (+€176,005)
- Stocks and contracts +€215,103
up €215,103 (+33.1%), from €649,047 to €864,150
- Tangible fixed assets -€173,312
down €173,312 (-20.0%), from €868,637 to €695,325
of which Furniture and vehicles: -€157,143
- Receivables within one year -€91,474
down €91,474 (-3.8%), from €2.4m to €2.3m
of which Other amounts receivable: -€91,446
- Reserves -€205,161
down €205,161 (-15.1%), from €1.4m to €1.2m
of which Distributable reserves: -€205,161
- Tax, wage and social debts +€95,355
up €95,355 (+202%), from €47,211 to €142,566
of which Taxes: +€87,120
- Depreciation +€152,332
up €152,332 (+643%), from €23,674 to €176,005
- Financial charges -€68,632
down €68,632 (-99.5%), from €68,951 to €319
- Gross operating margin -€46,193
down €46,193 (-10.7%), from €432,014 to €385,821
- Other operating charges -€45,908
down €45,908 (-34.9%), from €131,572 to €85,664
- Taxes -€4,835
down €4,835 (-94.4%), from €5,124 to €289
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 | €9,070,658 | €8,892,547 | -€178,111 | -2.0% |
| Fixed assets | 21/28 | €870,137 | €696,825 | -€173,312 | -19.9% |
| Tangible fixed assets | 22/27 | €868,637 | €695,325 | -€173,312 | -20.0% |
| Plant, machinery and equipment | 23 | €31,574 | €24,562 | -€7,012 | -22.2% |
| Furniture and vehicles | 24 | €827,906 | €670,764 | -€157,143 | -19.0% |
| Other tangible fixed assets | 26 | €9,157 | €0 | -€9,157 | -100% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €8,200,521 | €8,195,722 | -€4,800 | -0.1% |
| Amounts receivable after more than one year | 29 | €4,450,962 | €3,870,166 | -€580,797 | -13.0% |
| Trade receivables | 290 | €4,450,962 | €3,870,166 | -€580,797 | -13.0% |
| Stocks and contracts in progress | 3 | €649,047 | €864,150 | +€215,103 | +33.1% |
| Stocks | 30/36 | €649,047 | €864,150 | +€215,103 | +33.1% |
| Amounts receivable within one year | 40/41 | €2,435,691 | €2,344,217 | -€91,474 | -3.8% |
| Trade receivables | 40 | €2,333,986 | €2,333,958 | -€28 | 0.0% |
| Other amounts receivable | 41 | €101,705 | €10,259 | -€91,446 | -89.9% |
| Cash at bank and in hand | 54/58 | €648,845 | €1,103,089 | +€454,244 | +70.0% |
| Deferred charges and accrued income | 490/1 | €15,976 | €14,100 | -€1,876 | -11.7% |
| Total equity and liabilities | 10/49 | €9,070,658 | €8,892,547 | -€178,111 | -2.0% |
| Equity | 10/15 | €7,894,119 | €7,628,273 | -€265,845 | -3.4% |
| Contributions | 10/11 | €2,500,000 | €2,500,000 | = | 0.0% |
| Capital | 10 | €2,500,000 | €2,500,000 | = | 0.0% |
| Issued capital | 100 | €2,500,000 | €2,500,000 | = | 0.0% |
| Reserves | 13 | €1,361,808 | €1,156,647 | -€205,161 | -15.1% |
| Non-distributable reserves | 130/1 | €315,755 | €315,755 | = | 0.0% |
| Legal reserve | 130 | €315,755 | €315,755 | = | 0.0% |
| Distributable reserves | 133 | €1,046,053 | €840,892 | -€205,161 | -19.6% |
| Profit (loss) carried forward | 14 | €4,032,311 | €3,971,627 | -€60,684 | -1.5% |
| Amounts payable | 17/49 | €1,176,540 | €1,264,274 | +€87,734 | +7.5% |
| Amounts payable after more than one year | 17 | €1,000,000 | €1,000,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,000,000 | €1,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €176,540 | €264,274 | +€87,734 | +49.7% |
| Trade debts | 44 | €23,482 | €10,361 | -€13,121 | -55.9% |
| Suppliers | 440/4 | €23,482 | €10,361 | -€13,121 | -55.9% |
| Taxes, remuneration and social security | 45 | €47,211 | €142,566 | +€95,355 | +202% |
| Taxes | 450/3 | €6,745 | €93,865 | +€87,120 | +1,292% |
| Remuneration and social security | 454/9 | €40,466 | €48,702 | +€8,235 | +20.4% |
| Other amounts payable | 47/48 | €105,846 | €111,346 | +€5,500 | +5.2% |
| Remuneration, social security and pensions | 62 | €187,621 | €183,808 | -€3,813 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,674 | €176,005 | +€152,332 | +643% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,997 | €5,867 | -€3,130 | -34.8% |
| Other operating charges | 640/8 | €131,572 | €85,664 | -€45,908 | -34.9% |
| Gross operating margin | 9900 | €432,014 | €385,821 | -€46,193 | -10.7% |
| Operating profit (loss) | 9901 | €80,150 | -€65,524 | -€145,674 | |
| Financial income | 75/76B | €6,609 | €5,448 | -€1,161 | -17.6% |
| Recurring financial income | 75 | €6,609 | €5,448 | -€1,161 | -17.6% |
| Financial charges | 65/66B | €68,951 | €319 | -€68,632 | -99.5% |
| Recurring financial charges | 65 | €68,951 | €319 | -€68,632 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | €17,808 | -€60,395 | -€78,203 | |
| Income taxes | 67/77 | €5,124 | €289 | -€4,835 | -94.4% |
| Profit (loss) for the period | 9904 | €12,684 | -€60,684 | -€73,368 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,684 | -€60,684 | -€73,368 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.