AB21RCS: 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.
AB21RCS
Largest movements
- Tangible fixed assets +€19,623
up €19,623 (+295%), from €6,654 to €26,277
of which Furniture and vehicles: +€21,656
- Cash +€14,250
new in 2025: €14,250
mainly Net result for the year (+€18,517) and Debts after one year (+€15,333)
- Receivables within one year +€7,760
up €7,760 (+29.9%), from €25,989 to €33,749
of which Trade receivables: +€6,143
- Current investments -€2,125
no longer reported in 2025 (was €2,125)
- Profit (loss) carried forward +€18,517
up €18,517 (+92.7%), from €19,968 to €38,485
- Debts after one year +€15,333
up €15,333 (+2,163%), from €709 to €16,042
- Trade debts +€5,204
up €5,204 (+502%), from €1,038 to €6,242
- Gross operating margin +€18,219
up €18,219 (+218%), from €8,375 to €26,593
- Taxes +€3,994
up €3,994 (+1,198%), from €334 to €4,328
- Depreciation -€3,193
down €3,193 (-47.5%), from €6,717 to €3,524
- Financial income +€593
up €593 (+84.3%), from €703 to €1,296
- Other operating charges +€456
up €456 (+113%), from €405 to €861
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 | €34,769 | €74,690 | +€39,921 | +115% |
| Fixed assets | 21/28 | €6,654 | €26,277 | +€19,623 | +295% |
| Tangible fixed assets | 22/27 | €6,654 | €26,277 | +€19,623 | +295% |
| Plant, machinery and equipment | 23 | €2,033 | - | -€2,033 | |
| Furniture and vehicles | 24 | €4,621 | €26,277 | +€21,656 | +469% |
| Current assets | 29/58 | €28,114 | €48,412 | +€20,298 | +72.2% |
| Amounts receivable within one year | 40/41 | €25,989 | €33,749 | +€7,760 | +29.9% |
| Trade receivables | 40 | €1,657 | €7,800 | +€6,143 | +371% |
| Other amounts receivable | 41 | €24,332 | €25,949 | +€1,617 | +6.6% |
| Current investments | 50/53 | €2,125 | - | -€2,125 | |
| Cash at bank and in hand | 54/58 | - | €14,250 | +€14,250 | |
| Deferred charges and accrued income | 490/1 | - | €413 | +€413 | |
| Total equity and liabilities | 10/49 | €34,769 | €74,690 | +€39,921 | +115% |
| Equity | 10/15 | €24,968 | €43,485 | +€18,517 | +74.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,968 | €38,485 | +€18,517 | +92.7% |
| Amounts payable | 17/49 | €9,800 | €31,205 | +€21,405 | +218% |
| Amounts payable after more than one year | 17 | €709 | €16,042 | +€15,333 | +2,163% |
| Financial debts | 170/4 | €709 | €16,042 | +€15,333 | +2,163% |
| Amounts payable within one year | 42/48 | €9,091 | €15,163 | +€6,072 | +66.8% |
| Current portion of amounts payable after more than one year | 42 | €4,181 | €4,610 | +€429 | +10.3% |
| Trade debts | 44 | €1,038 | €6,242 | +€5,204 | +502% |
| Suppliers | 440/4 | €1,038 | €6,242 | +€5,204 | +502% |
| Taxes, remuneration and social security | 45 | €3,873 | €4,311 | +€438 | +11.3% |
| Taxes | 450/3 | €3,873 | €4,311 | +€438 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,717 | €3,524 | -€3,193 | -47.5% |
| Other operating charges | 640/8 | €405 | €861 | +€456 | +113% |
| Gross operating margin | 9900 | €8,375 | €26,593 | +€18,219 | +218% |
| Operating profit (loss) | 9901 | €1,252 | €22,208 | +€20,956 | +1,673% |
| Financial income | 75/76B | €703 | €1,296 | +€593 | +84.3% |
| Recurring financial income | 75 | €703 | €1,296 | +€593 | +84.3% |
| Financial charges | 65/66B | €651 | €659 | +€9 | +1.3% |
| Recurring financial charges | 65 | €651 | €659 | +€9 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €1,305 | €22,845 | +€21,540 | +1,651% |
| Income taxes | 67/77 | €334 | €4,328 | +€3,994 | +1,198% |
| Profit (loss) for the period | 9904 | €971 | €18,517 | +€17,545 | +1,806% |
| Profit (loss) for the period to be appropriated | 9905 | €971 | €18,517 | +€17,545 | +1,806% |
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 17 October 2026 via checked.be.