AB4U: 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.
AB4U
Largest movements
- Cash +€18,762
up €18,762 (+18.6%), from €100,992 to €119,754
mainly Net result for the year (+€109,956) and Other debts (+€57,562)
- Receivables within one year +€17,940
up €17,940 (+68.7%), from €26,133 to €44,073
of which Other amounts receivable: +€17,282
- Tangible fixed assets -€7,961
down €7,961 (-15.3%), from €52,010 to €44,049
of which Furniture and vehicles: -€10,342
- Other debts +€57,562
up €57,562 (+69.4%), from €82,977 to €140,539
- Reserves -€44,900
down €44,900 (-40.2%), from €111,600 to €66,700
- Profit (loss) carried forward +€14,956
up €14,956 (+110.7%), from €13,512 to €28,468
- Gross operating margin +€54,740
up €54,740 (+54.0%), from €101,297 to €156,037
- Taxes +€13,504
up €13,504 (+72.9%), from €18,530 to €32,034
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 | €227,950 | €257,031 | +€29,081 | +12.8% |
| Fixed assets | 21/28 | €52,010 | €44,049 | -€7,961 | -15.3% |
| Tangible fixed assets | 22/27 | €52,010 | €44,049 | -€7,961 | -15.3% |
| Plant, machinery and equipment | 23 | €64 | - | -€64 | |
| Furniture and vehicles | 24 | €44,649 | €34,307 | -€10,342 | -23.2% |
| Other tangible fixed assets | 26 | €7,297 | €9,742 | +€2,445 | +33.5% |
| Current assets | 29/58 | €175,940 | €212,982 | +€37,042 | +21.1% |
| Amounts receivable within one year | 40/41 | €26,133 | €44,073 | +€17,940 | +68.7% |
| Trade receivables | 40 | €19,283 | €19,941 | +€658 | +3.4% |
| Other amounts receivable | 41 | €6,850 | €24,132 | +€17,282 | +252.3% |
| Current investments | 50/53 | €46,100 | €46,100 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €100,992 | €119,754 | +€18,762 | +18.6% |
| Deferred charges and accrued income | 490/1 | €2,715 | €3,055 | +€340 | +12.5% |
| Total equity and liabilities | 10/49 | €227,950 | €257,031 | +€29,081 | +12.8% |
| Equity | 10/15 | €128,112 | €98,168 | -€29,944 | -23.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €111,600 | €66,700 | -€44,900 | -40.2% |
| Distributable reserves | 133 | €111,600 | €66,700 | -€44,900 | -40.2% |
| Profit (loss) carried forward | 14 | €13,512 | €28,468 | +€14,956 | +110.7% |
| Amounts payable | 17/49 | €99,838 | €158,863 | +€59,025 | +59.1% |
| Amounts payable within one year | 42/48 | €99,838 | €158,863 | +€59,025 | +59.1% |
| Financial debts | 43 | €389 | €684 | +€295 | +75.8% |
| Credit institutions | 430/8 | €389 | €684 | +€295 | +75.8% |
| Trade debts | 44 | €219 | €591 | +€372 | +169.4% |
| Suppliers | 440/4 | €219 | €591 | +€372 | +169.4% |
| Taxes, remuneration and social security | 45 | €16,252 | €17,049 | +€797 | +4.9% |
| Taxes | 450/3 | €16,252 | €17,049 | +€797 | +4.9% |
| Other amounts payable | 47/48 | €82,977 | €140,539 | +€57,562 | +69.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,430 | €14,342 | -€89 | -0.6% |
| Other operating charges | 640/8 | €737 | €718 | -€19 | -2.6% |
| Gross operating margin | 9900 | €101,297 | €156,037 | +€54,740 | +54.0% |
| Operating profit (loss) | 9901 | €86,130 | €140,977 | +€54,848 | +63.7% |
| Financial income | 75/76B | €1,267 | €1,110 | -€157 | -12.4% |
| Recurring financial income | 75 | €1,267 | €1,110 | -€157 | -12.4% |
| Financial charges | 65/66B | €96 | €97 | +€1 | +1.4% |
| Recurring financial charges | 65 | €96 | €97 | +€1 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €87,301 | €141,990 | +€54,689 | +62.6% |
| Income taxes | 67/77 | €18,530 | €32,034 | +€13,504 | +72.9% |
| Profit (loss) for the period | 9904 | €68,771 | €109,956 | +€41,185 | +59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €68,771 | €109,956 | +€41,185 | +59.9% |
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 3 October 2026 via checked.be.