AB PROPERTIES: 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 PROPERTIES
Largest movements
- Stocks and contracts +€14,120
new in 2025: €14,120
- Receivables within one year -€13,870
down €13,870 (-26.4%), from €52,452 to €38,582
of which Other amounts receivable: -€14,814
- Cash +€752
up €752 (+27.0%), from €2,780 to €3,532
mainly Receivables within one year (+€13,870) and Net result for the year (+€3,662)
- Tangible fixed assets +€633
up €633 (+16.1%), from €3,926 to €4,558
of which Plant, machinery and equipment: +€942
- Other debts -€5,717
no longer reported in 2025 (was €5,717)
- Profit (loss) carried forward +€3,662
new in 2025: €3,662
- Tax, wage and social debts +€3,217
up €3,217 (+938.2%), from €343 to €3,560
- Taxes +€3,116
up €3,116 (+701.3%), from €444 to €3,560
- Gross operating margin +€2,972
up €2,972 (+42.2%), from €7,046 to €10,018
- Other operating charges -€1,155
down €1,155 (-58.5%), from €1,975 to €820
- Depreciation -€528
down €528 (-35.2%), from €1,500 to €972
- Financial charges +€207
up €207 (+24.4%), from €848 to €1,055
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 | €59,457 | €61,170 | +€1,713 | +2.9% |
| Fixed assets | 21/28 | €3,926 | €4,558 | +€633 | +16.1% |
| Tangible fixed assets | 22/27 | €3,926 | €4,558 | +€633 | +16.1% |
| Land and buildings | 22 | - | €0 | = | |
| Plant, machinery and equipment | 23 | €3,041 | €3,983 | +€942 | +31.0% |
| Furniture and vehicles | 24 | €885 | €575 | -€309 | -35.0% |
| Current assets | 29/58 | €55,531 | €56,611 | +€1,081 | +1.9% |
| Stocks and contracts in progress | 3 | - | €14,120 | +€14,120 | |
| Stocks | 30/36 | - | €14,120 | +€14,120 | |
| Amounts receivable within one year | 40/41 | €52,452 | €38,582 | -€13,870 | -26.4% |
| Trade receivables | 40 | €889 | €1,834 | +€944 | +106.1% |
| Other amounts receivable | 41 | €51,563 | €36,749 | -€14,814 | -28.7% |
| Cash at bank and in hand | 54/58 | €2,780 | €3,532 | +€752 | +27.0% |
| Deferred charges and accrued income | 490/1 | €298 | €377 | +€79 | +26.4% |
| Total equity and liabilities | 10/49 | €59,457 | €61,170 | +€1,713 | +2.9% |
| Equity | 10/15 | €48,274 | €51,936 | +€3,662 | +7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,674 | €29,674 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €27,814 | €27,814 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €3,662 | +€3,662 | |
| Amounts payable | 17/49 | €11,182 | €9,234 | -€1,949 | -17.4% |
| Amounts payable within one year | 42/48 | €11,182 | €9,234 | -€1,949 | -17.4% |
| Trade debts | 44 | €5,123 | €5,673 | +€551 | +10.8% |
| Suppliers | 440/4 | €5,123 | €5,673 | +€551 | +10.8% |
| Taxes, remuneration and social security | 45 | €343 | €3,560 | +€3,217 | +938.2% |
| Taxes | 450/3 | €343 | €3,560 | +€3,217 | +938.2% |
| Other amounts payable | 47/48 | €5,717 | - | -€5,717 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,500 | €972 | -€528 | -35.2% |
| Other operating charges | 640/8 | €1,975 | €820 | -€1,155 | -58.5% |
| Gross operating margin | 9900 | €7,046 | €10,018 | +€2,972 | +42.2% |
| Operating profit (loss) | 9901 | €3,571 | €8,227 | +€4,655 | +130.4% |
| Financial income | 75/76B | €0 | €51 | +€51 | +16351.6% |
| Recurring financial income | 75 | €0 | €51 | +€51 | +16351.6% |
| Financial charges | 65/66B | €848 | €1,055 | +€207 | +24.4% |
| Recurring financial charges | 65 | €848 | €1,055 | +€207 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | €2,723 | €7,222 | +€4,499 | +165.2% |
| Income taxes | 67/77 | €444 | €3,560 | +€3,116 | +701.3% |
| Profit (loss) for the period | 9904 | €2,279 | €3,662 | +€1,383 | +60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,279 | €3,662 | +€1,383 | +60.7% |
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 12 October 2026 via checked.be.