AB-SOLID: 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-SOLID
Largest movements
- Tangible fixed assets +€561,184
up €561,184 (+142.2%), from €394,624 to €955,808
of which Land and buildings: +€570,901
- Cash -€78,293
down €78,293 (-7.6%), from €1.0m to €956,941
mainly Investment in fixed assets (net) (-€614,780) and Contributions, distributions and other (-€531,000)
- Debts after one year +€421,878
up €421,878 (+136.1%), from €309,907 to €731,785
- Other debts -€244,000
down €244,000 (-31.5%), from €775,000 to €531,000
- Profit (loss) carried forward +€186,471
up €186,471 (+28.0%), from €665,064 to €851,535
- Tax, wage and social debts +€83,813
up €83,813 (+26.5%), from €316,809 to €400,622
of which Remuneration and social security: +€77,800
- Staff costs +€433,156
up €433,156 (+31.2%), from €1.4m to €1.8m
- Gross operating margin +€237,706
up €237,706 (+9.6%), from €2.5m to €2.7m
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,739,511 | €3,205,203 | +€465,692 | +17.0% |
| Fixed assets | 21/28 | €398,394 | €959,578 | +€561,184 | +140.9% |
| Tangible fixed assets | 22/27 | €394,624 | €955,808 | +€561,184 | +142.2% |
| Land and buildings | 22 | €342,149 | €913,050 | +€570,901 | +166.9% |
| Plant, machinery and equipment | 23 | €12,971 | €12,593 | -€378 | -2.9% |
| Furniture and vehicles | 24 | €39,504 | €30,166 | -€9,338 | -23.6% |
| Financial fixed assets | 28 | €3,770 | €3,770 | = | 0.0% |
| Current assets | 29/58 | €2,341,117 | €2,245,625 | -€95,492 | -4.1% |
| Amounts receivable after more than one year | 29 | €100,000 | €120,000 | +€20,000 | +20.0% |
| Other amounts receivable | 291 | €100,000 | €120,000 | +€20,000 | +20.0% |
| Stocks and contracts in progress | 3 | €333,237 | €321,282 | -€11,955 | -3.6% |
| Contracts in progress | 37 | €333,237 | €321,282 | -€11,955 | -3.6% |
| Amounts receivable within one year | 40/41 | €750,927 | €722,753 | -€28,174 | -3.8% |
| Trade receivables | 40 | €750,860 | €722,700 | -€28,160 | -3.8% |
| Other amounts receivable | 41 | €67 | €53 | -€14 | -21.0% |
| Current investments | 50/53 | €119,048 | €119,048 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,035,235 | €956,941 | -€78,293 | -7.6% |
| Deferred charges and accrued income | 490/1 | €2,670 | €5,601 | +€2,931 | +109.7% |
| Total equity and liabilities | 10/49 | €2,739,511 | €3,205,203 | +€465,692 | +17.0% |
| Equity | 10/15 | €1,164,572 | €1,351,043 | +€186,471 | +16.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €480,908 | €480,908 | = | 0.0% |
| Non-distributable reserves | 130/1 | €119,048 | €119,048 | = | 0.0% |
| Own shares acquired | 1312 | €119,048 | €119,048 | = | 0.0% |
| Distributable reserves | 133 | €361,860 | €361,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €665,064 | €851,535 | +€186,471 | +28.0% |
| Amounts payable | 17/49 | €1,574,939 | €1,854,160 | +€279,222 | +17.7% |
| Amounts payable after more than one year | 17 | €309,907 | €731,785 | +€421,878 | +136.1% |
| Financial debts | 170/4 | €309,907 | €731,785 | +€421,878 | +136.1% |
| Amounts payable within one year | 42/48 | €1,265,032 | €1,122,375 | -€142,657 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €39,503 | €57,842 | +€18,339 | +46.4% |
| Trade debts | 44 | €133,721 | €132,912 | -€809 | -0.6% |
| Suppliers | 440/4 | €133,721 | €132,912 | -€809 | -0.6% |
| Taxes, remuneration and social security | 45 | €316,809 | €400,622 | +€83,813 | +26.5% |
| Taxes | 450/3 | €77,866 | €83,879 | +€6,013 | +7.7% |
| Remuneration and social security | 454/9 | €238,943 | €316,743 | +€77,800 | +32.6% |
| Other amounts payable | 47/48 | €775,000 | €531,000 | -€244,000 | -31.5% |
| Non-recurring operating income | 76A | €790 | - | -€790 | |
| Remuneration, social security and pensions | 62 | €1,389,311 | €1,822,467 | +€433,156 | +31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,172 | €53,596 | +€7,423 | +16.1% |
| Other operating charges | 640/8 | €2,315 | €4,537 | +€2,222 | +96.0% |
| Gross operating margin | 9900 | €2,477,466 | €2,715,172 | +€237,706 | +9.6% |
| Operating profit (loss) | 9901 | €1,039,668 | €834,572 | -€205,095 | -19.7% |
| Financial income | 75/76B | €2,705 | €2,947 | +€242 | +8.9% |
| Recurring financial income | 75 | €2,705 | €2,947 | +€242 | +8.9% |
| Financial charges | 65/66B | €10,422 | €19,811 | +€9,390 | +90.1% |
| Recurring financial charges | 65 | €10,422 | €19,811 | +€9,390 | +90.1% |
| Profit (loss) for the period before taxes | 9903 | €1,031,951 | €817,708 | -€214,243 | -20.8% |
| Income taxes | 67/77 | €100,147 | €100,237 | +€90 | +0.1% |
| Profit (loss) for the period | 9904 | €931,804 | €717,471 | -€214,333 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €931,804 | €717,471 | -€214,333 | -23.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.