AB-Systems: 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-Systems
Largest movements
- Cash +€44,013
up €44,013 (+72.9%), from €60,334 to €104,347
mainly Debts after one year (+€51,581) and Net result for the year (+€28,288)
- Tangible fixed assets +€18,960
up €18,960 (+28.7%), from €65,984 to €84,944
of which Furniture and vehicles: +€10,944
- Receivables within one year +€18,325
up €18,325 (+67.6%), from €27,127 to €45,452
of which Trade receivables: +€13,015
- Intangible fixed assets -€8,214
down €8,214 (-100%), from €8,214 to €0
- Debts after one year +€51,581
up €51,581 (+106%), from €48,531 to €100,112
- Current portion of long-term debt +€11,309
up €11,309 (+105%), from €10,816 to €22,126
- Reserves +€8,288
up €8,288 (+14.1%), from €58,885 to €67,173
of which Distributable reserves: +€8,288
- Tax, wage and social debts +€6,144
up €6,144 (+110%), from €5,596 to €11,739
of which Taxes: +€6,121
- Trade debts -€5,546
down €5,546 (-24.3%), from €22,824 to €17,278
- Depreciation -€22,795
down €22,795 (-49.3%), from €46,200 to €23,405
- Gross operating margin -€8,612
down €8,612 (-11.5%), from €74,592 to €65,980
- Taxes +€3,985
up €3,985 (+73.0%), from €5,458 to €9,443
- Financial charges +€1,906
up €1,906 (+98.2%), from €1,940 to €3,846
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 | €177,463 | €251,365 | +€73,902 | +41.6% |
| Fixed assets | 21/28 | €74,198 | €84,944 | +€10,746 | +14.5% |
| Intangible fixed assets | 21 | €8,214 | €0 | -€8,214 | -100% |
| Tangible fixed assets | 22/27 | €65,984 | €84,944 | +€18,960 | +28.7% |
| Plant, machinery and equipment | 23 | - | €8,016 | +€8,016 | |
| Furniture and vehicles | 24 | €65,984 | €76,928 | +€10,944 | +16.6% |
| Current assets | 29/58 | €103,265 | €166,421 | +€63,156 | +61.2% |
| Stocks and contracts in progress | 3 | €13,962 | €13,917 | -€44 | -0.3% |
| Stocks | 30/36 | €13,962 | €9,748 | -€4,213 | -30.2% |
| Contracts in progress | 37 | - | €4,169 | +€4,169 | |
| Amounts receivable within one year | 40/41 | €27,127 | €45,452 | +€18,325 | +67.6% |
| Trade receivables | 40 | €23,526 | €36,541 | +€13,015 | +55.3% |
| Other amounts receivable | 41 | €3,601 | €8,911 | +€5,310 | +147% |
| Cash at bank and in hand | 54/58 | €60,334 | €104,347 | +€44,013 | +72.9% |
| Deferred charges and accrued income | 490/1 | €1,842 | €2,704 | +€862 | +46.8% |
| Total equity and liabilities | 10/49 | €177,463 | €251,365 | +€73,902 | +41.6% |
| Equity | 10/15 | €77,485 | €85,773 | +€8,288 | +10.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,885 | €67,173 | +€8,288 | +14.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €58,885 | €67,173 | +€8,288 | +14.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €99,977 | €165,592 | +€65,615 | +65.6% |
| Amounts payable after more than one year | 17 | €48,531 | €100,112 | +€51,581 | +106% |
| Financial debts | 170/4 | €48,531 | €100,112 | +€51,581 | +106% |
| Amounts payable within one year | 42/48 | €49,528 | €64,952 | +€15,423 | +31.1% |
| Current portion of amounts payable after more than one year | 42 | €10,816 | €22,126 | +€11,309 | +105% |
| Trade debts | 44 | €22,824 | €17,278 | -€5,546 | -24.3% |
| Suppliers | 440/4 | €22,824 | €17,278 | -€5,546 | -24.3% |
| Advances received on contracts in progress | 46 | - | €3,422 | +€3,422 | |
| Taxes, remuneration and social security | 45 | €5,596 | €11,739 | +€6,144 | +110% |
| Taxes | 450/3 | €1,823 | €7,944 | +€6,121 | +336% |
| Remuneration and social security | 454/9 | €3,773 | €3,795 | +€22 | +0.6% |
| Other amounts payable | 47/48 | €10,293 | €10,388 | +€95 | +0.9% |
| Accrued charges and deferred income | 492/3 | €1,918 | €528 | -€1,390 | -72.5% |
| Non-recurring operating income | 76A | €9,291 | €2,024 | -€7,267 | -78.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,200 | €23,405 | -€22,795 | -49.3% |
| Other operating charges | 640/8 | €836 | €999 | +€162 | +19.4% |
| Gross operating margin | 9900 | €74,592 | €65,980 | -€8,612 | -11.5% |
| Operating profit (loss) | 9901 | €27,555 | €41,576 | +€14,021 | +50.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,940 | €3,846 | +€1,906 | +98.2% |
| Recurring financial charges | 65 | €1,940 | €3,846 | +€1,906 | +98.2% |
| Profit (loss) for the period before taxes | 9903 | €25,615 | €37,730 | +€12,115 | +47.3% |
| Income taxes | 67/77 | €5,458 | €9,443 | +€3,985 | +73.0% |
| Profit (loss) for the period | 9904 | €20,158 | €28,288 | +€8,130 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,158 | €28,288 | +€8,130 | +40.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.