ABA: 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.
ABA
Largest movements
- Tangible fixed assets +€260,119
up €260,119 (+28.6%), from €908,913 to €1.2m
of which Land and buildings: +€260,396
- Receivables within one year +€121,269
up €121,269 (+60.6%), from €200,063 to €321,331
of which Other amounts receivable: +€94,467
- Cash -€50,743
down €50,743 (-99.7%), from €50,915 to €172
mainly Investment in fixed assets (net) (-€323,333) and Receivables within one year (-€121,269)
- Debts after one year +€237,414
up €237,414 (+140%), from €169,497 to €406,911
- Profit (loss) carried forward +€48,190
up €48,190 (+23.5%), from €204,936 to €253,126
- Other debts +€48,064
up €48,064 (+138%), from €34,793 to €82,857
- Short-term financial debts -€35,007
down €35,007 (-53.6%), from €65,255 to €30,248
- Current portion of long-term debt +€19,911
up €19,911 (+38.8%), from €51,290 to €71,201
- Gross operating margin -€155,528
down €155,528 (-49.4%), from €314,968 to €159,441
- Depreciation +€40,634
up €40,634 (+180%), from €22,580 to €63,214
- Taxes +€8,600
up €8,600 (+65.6%), from €13,120 to €21,720
- Financial charges -€8,354
down €8,354 (-35.1%), from €23,832 to €15,479
- Staff costs +€8,350
new in 2025: €8,350
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 | €1,188,852 | €1,520,802 | +€331,950 | +27.9% |
| Fixed assets | 21/28 | €927,273 | €1,187,392 | +€260,119 | +28.1% |
| Tangible fixed assets | 22/27 | €908,913 | €1,169,032 | +€260,119 | +28.6% |
| Land and buildings | 22 | €908,635 | €1,169,032 | +€260,396 | +28.7% |
| Furniture and vehicles | 24 | €277 | - | -€277 | |
| Financial fixed assets | 28 | €18,360 | €18,360 | = | 0.0% |
| Current assets | 29/58 | €261,579 | €333,411 | +€71,831 | +27.5% |
| Amounts receivable within one year | 40/41 | €200,063 | €321,331 | +€121,269 | +60.6% |
| Trade receivables | 40 | €34,722 | €61,524 | +€26,801 | +77.2% |
| Other amounts receivable | 41 | €165,340 | €259,808 | +€94,467 | +57.1% |
| Cash at bank and in hand | 54/58 | €50,915 | €172 | -€50,743 | -99.7% |
| Deferred charges and accrued income | 490/1 | €10,602 | €11,907 | +€1,306 | +12.3% |
| Total equity and liabilities | 10/49 | €1,188,852 | €1,520,802 | +€331,950 | +27.9% |
| Equity | 10/15 | €682,601 | €730,791 | +€48,190 | +7.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €218,744 | €218,744 | = | 0.0% |
| Reserves | 13 | €238,921 | €238,921 | = | 0.0% |
| Tax-exempt reserves | 132 | €228,921 | €228,921 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €204,936 | €253,126 | +€48,190 | +23.5% |
| Provisions and deferred taxes | 16 | €154,920 | €154,920 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €97,363 | €97,363 | = | 0.0% |
| Pensions and similar obligations | 160 | €97,363 | €97,363 | = | 0.0% |
| Deferred taxes | 168 | €57,557 | €57,557 | = | 0.0% |
| Amounts payable | 17/49 | €351,331 | €635,091 | +€283,761 | +80.8% |
| Amounts payable after more than one year | 17 | €169,497 | €406,911 | +€237,414 | +140% |
| Financial debts | 170/4 | €169,497 | €406,911 | +€237,414 | +140% |
| Amounts payable within one year | 42/48 | €178,582 | €224,209 | +€45,627 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €51,290 | €71,201 | +€19,911 | +38.8% |
| Financial debts | 43 | €65,255 | €30,248 | -€35,007 | -53.6% |
| Credit institutions | 430/8 | €65,255 | €30,248 | -€35,007 | -53.6% |
| Trade debts | 44 | €13,529 | €6,919 | -€6,609 | -48.9% |
| Suppliers | 440/4 | €13,529 | €6,919 | -€6,609 | -48.9% |
| Taxes, remuneration and social security | 45 | €13,715 | €32,984 | +€19,268 | +140% |
| Taxes | 450/3 | €13,715 | €32,984 | +€19,268 | +140% |
| Other amounts payable | 47/48 | €34,793 | €82,857 | +€48,064 | +138% |
| Accrued charges and deferred income | 492/3 | €3,251 | €3,971 | +€720 | +22.1% |
| Remuneration, social security and pensions | 62 | - | €8,350 | +€8,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,580 | €63,214 | +€40,634 | +180% |
| Other operating charges | 640/8 | €9,206 | €14,478 | +€5,271 | +57.3% |
| Gross operating margin | 9900 | €314,968 | €159,441 | -€155,528 | -49.4% |
| Operating profit (loss) | 9901 | €283,182 | €73,400 | -€209,782 | -74.1% |
| Financial income | 75/76B | €8,157 | €11,988 | +€3,832 | +47.0% |
| Recurring financial income | 75 | €8,157 | €11,988 | +€3,832 | +47.0% |
| Financial charges | 65/66B | €23,832 | €15,479 | -€8,354 | -35.1% |
| Recurring financial charges | 65 | €23,832 | €15,479 | -€8,354 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €267,506 | €69,909 | -€197,597 | -73.9% |
| Transfer to deferred taxes | 680 | €57,557 | - | -€57,557 | |
| Income taxes | 67/77 | €13,120 | €21,720 | +€8,600 | +65.6% |
| Profit (loss) for the period | 9904 | €196,829 | €48,190 | -€148,640 | -75.5% |
| Transfer to tax-exempt reserves | 689 | €172,671 | - | -€172,671 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,158 | €48,190 | +€24,032 | +99.5% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.