AB MOVEMENTS: 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 MOVEMENTS
Largest movements
- Tangible fixed assets +€93,003
up €93,003 (+5133.2%), from €1,812 to €94,815
of which Plant, machinery and equipment: +€89,755
- Cash +€5,557
up €5,557 (+6.9%), from €80,512 to €86,069
mainly Debts after one year (+€84,719) and Current portion of long-term debt (+€15,596)
- Debts after one year +€84,719
up €84,719 (+169.4%), from €50,000 to €134,719
- Current portion of long-term debt +€15,596
new in 2025: €15,596
- Tax, wage and social debts -€5,021
down €5,021 (-28.3%), from €17,762 to €12,741
of which Taxes: -€3,666
- Trade debts +€4,754
up €4,754 (+171.2%), from €2,776 to €7,529
- Other debts +€2,491
up €2,491 (+46.9%), from €5,309 to €7,800
- Depreciation +€8,972
up €8,972 (+12602.9%), from €71 to €9,043
- Staff costs +€4,736
up €4,736 (+12.1%), from €39,155 to €43,891
- Financial charges +€3,274
up €3,274 (+973.6%), from €336 to €3,611
- Gross operating margin +€2,666
up €2,666 (+4.2%), from €63,280 to €65,946
- Taxes -€1,751
down €1,751 (-34.7%), from €5,050 to €3,299
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 | €94,381 | €195,161 | +€100,780 | +106.8% |
| Fixed assets | 21/28 | €1,812 | €94,815 | +€93,003 | +5133.2% |
| Tangible fixed assets | 22/27 | €1,812 | €94,815 | +€93,003 | +5133.2% |
| Plant, machinery and equipment | 23 | €1,812 | €91,567 | +€89,755 | +4953.9% |
| Furniture and vehicles | 24 | - | €3,248 | +€3,248 | |
| Current assets | 29/58 | €92,569 | €100,346 | +€7,777 | +8.4% |
| Amounts receivable within one year | 40/41 | €12,057 | €13,807 | +€1,750 | +14.5% |
| Trade receivables | 40 | €12,057 | €12,925 | +€868 | +7.2% |
| Other amounts receivable | 41 | - | €882 | +€882 | |
| Cash at bank and in hand | 54/58 | €80,512 | €86,069 | +€5,557 | +6.9% |
| Deferred charges and accrued income | 490/1 | - | €470 | +€470 | |
| Total equity and liabilities | 10/49 | €94,381 | €195,161 | +€100,780 | +106.8% |
| Equity | 10/15 | €18,534 | €16,776 | -€1,759 | -9.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,534 | €13,776 | -€1,759 | -11.3% |
| Amounts payable | 17/49 | €75,846 | €178,385 | +€102,539 | +135.2% |
| Amounts payable after more than one year | 17 | €50,000 | €134,719 | +€84,719 | +169.4% |
| Financial debts | 170/4 | €50,000 | €134,719 | +€84,719 | +169.4% |
| Amounts payable within one year | 42/48 | €25,846 | €43,667 | +€17,820 | +68.9% |
| Current portion of amounts payable after more than one year | 42 | - | €15,596 | +€15,596 | |
| Trade debts | 44 | €2,776 | €7,529 | +€4,754 | +171.2% |
| Suppliers | 440/4 | €2,776 | €7,529 | +€4,754 | +171.2% |
| Taxes, remuneration and social security | 45 | €17,762 | €12,741 | -€5,021 | -28.3% |
| Taxes | 450/3 | €10,538 | €6,872 | -€3,666 | -34.8% |
| Remuneration and social security | 454/9 | €7,224 | €5,869 | -€1,354 | -18.7% |
| Other amounts payable | 47/48 | €5,309 | €7,800 | +€2,491 | +46.9% |
| Remuneration, social security and pensions | 62 | €39,155 | €43,891 | +€4,736 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71 | €9,043 | +€8,972 | +12602.9% |
| Other operating charges | 640/8 | €1,165 | €400 | -€765 | -65.7% |
| Gross operating margin | 9900 | €63,280 | €65,946 | +€2,666 | +4.2% |
| Operating profit (loss) | 9901 | €22,890 | €12,612 | -€10,277 | -44.9% |
| Financial income | 75/76B | €98 | €339 | +€240 | +244.4% |
| Recurring financial income | 75 | €98 | €339 | +€240 | +244.4% |
| Financial charges | 65/66B | €336 | €3,611 | +€3,274 | +973.6% |
| Recurring financial charges | 65 | €336 | €3,611 | +€3,274 | +973.6% |
| Profit (loss) for the period before taxes | 9903 | €22,652 | €9,340 | -€13,311 | -58.8% |
| Income taxes | 67/77 | €5,050 | €3,299 | -€1,751 | -34.7% |
| Profit (loss) for the period | 9904 | €17,601 | €6,041 | -€11,560 | -65.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,601 | €6,041 | -€11,560 | -65.7% |
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 9 October 2026 via checked.be.