AB NOT: 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 NOT
Largest movements
- Receivables within one year -€34,231
down €34,231 (-73.3%), from €46,703 to €12,471
of which Trade receivables: -€42,949
- Cash +€34,155
up €34,155 (+41.3%), from €82,666 to €116,821
mainly Receivables within one year (+€34,231) and Other debts (+€32,130)
- Tangible fixed assets -€2,350
down €2,350 (-64.1%), from €3,664 to €1,314
of which Furniture and vehicles: -€1,450
- Other debts +€32,130
up €32,130 (+39.5%), from €81,384 to €113,515
- Reserves -€30,886
down €30,886 (-92.6%), from €33,367 to €2,481
- Tax, wage and social debts -€5,220
down €5,220 (-35.3%), from €14,808 to €9,587
- Accrued charges and deferred income +€2,539
new in 2025: €2,539
- Gross operating margin -€36,504
down €36,504 (-58.1%), from €62,848 to €26,345
- Taxes -€7,965
down €7,965 (-60.1%), from €13,247 to €5,282
- Financial charges +€2,802
up €2,802 (+223.6%), from €1,253 to €4,055
- Depreciation -€1,004
down €1,004 (-40.9%), from €2,453 to €1,450
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 | €133,032 | €130,808 | -€2,225 | -1.7% |
| Fixed assets | 21/28 | €3,664 | €1,314 | -€2,350 | -64.1% |
| Tangible fixed assets | 22/27 | €3,664 | €1,314 | -€2,350 | -64.1% |
| Plant, machinery and equipment | 23 | €900 | €0 | -€900 | -100.0% |
| Furniture and vehicles | 24 | €2,763 | €1,314 | -€1,450 | -52.5% |
| Current assets | 29/58 | €129,369 | €129,494 | +€126 | +0.1% |
| Amounts receivable within one year | 40/41 | €46,703 | €12,471 | -€34,231 | -73.3% |
| Trade receivables | 40 | €42,949 | €0 | -€42,949 | -100.0% |
| Other amounts receivable | 41 | €3,753 | €12,471 | +€8,718 | +232.3% |
| Cash at bank and in hand | 54/58 | €82,666 | €116,821 | +€34,155 | +41.3% |
| Deferred charges and accrued income | 490/1 | - | €202 | +€202 | |
| Total equity and liabilities | 10/49 | €133,032 | €130,808 | -€2,225 | -1.7% |
| Equity | 10/15 | €35,867 | €4,981 | -€30,886 | -86.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €33,367 | €2,481 | -€30,886 | -92.6% |
| Distributable reserves | 133 | €33,367 | €2,481 | -€30,886 | -92.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €97,165 | €125,826 | +€28,661 | +29.5% |
| Amounts payable within one year | 42/48 | €97,165 | €123,287 | +€26,122 | +26.9% |
| Trade debts | 44 | €973 | €185 | -€788 | -81.0% |
| Suppliers | 440/4 | €973 | €185 | -€788 | -81.0% |
| Taxes, remuneration and social security | 45 | €14,808 | €9,587 | -€5,220 | -35.3% |
| Taxes | 450/3 | €14,808 | €9,587 | -€5,220 | -35.3% |
| Other amounts payable | 47/48 | €81,384 | €113,515 | +€32,130 | +39.5% |
| Accrued charges and deferred income | 492/3 | - | €2,539 | +€2,539 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,453 | €1,450 | -€1,004 | -40.9% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Non-recurring operating charges | 66A | - | €900 | +€900 | |
| Gross operating margin | 9900 | €62,848 | €26,345 | -€36,504 | -58.1% |
| Operating profit (loss) | 9901 | €59,867 | €23,451 | -€36,417 | -60.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,253 | €4,055 | +€2,802 | +223.6% |
| Recurring financial charges | 65 | €1,253 | €4,055 | +€2,802 | +223.6% |
| Profit (loss) for the period before taxes | 9903 | €58,614 | €19,396 | -€39,218 | -66.9% |
| Income taxes | 67/77 | €13,247 | €5,282 | -€7,965 | -60.1% |
| Profit (loss) for the period | 9904 | €45,367 | €14,114 | -€31,253 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €45,367 | €14,114 | -€31,253 | -68.9% |
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 6 October 2026 via checked.be.