ABA MANAGEMENT: 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.
ABA MANAGEMENT
Largest movements
- Receivables within one year +€879,931
up €879,931 (+163.0%), from €539,960 to €1.4m
of which Trade receivables: +€907,865
- Cash +€27,054
up €27,054 (+6856.5%), from €395 to €27,448
mainly Trade debts (+€861,446) and Tax, wage and social debts (+€91,897)
- Trade debts +€861,446
up €861,446 (+126.0%), from €683,625 to €1.5m
- Tax, wage and social debts +€91,897
up €91,897 (+105.1%), from €87,446 to €179,344
- Gross operating margin -€985,891
down €985,891 (-92.6%), from €1.1m to €78,749
- Write-downs -€964,918
down €964,918 (-91.2%), from €1.1m to €93,266
- Financial charges -€13,123
down €13,123 (-81.0%), from €16,209 to €3,086
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 | €1,246,468 | €2,172,257 | +€925,789 | +74.3% |
| Fixed assets | 21/28 | €31,613 | €31,613 | = | 0.0% |
| Financial fixed assets | 28 | €31,613 | €31,613 | = | 0.0% |
| Current assets | 29/58 | €1,214,855 | €2,140,644 | +€925,789 | +76.2% |
| Amounts receivable after more than one year | 29 | €674,500 | €693,304 | +€18,804 | +2.8% |
| Other amounts receivable | 291 | €674,500 | €693,304 | +€18,804 | +2.8% |
| Amounts receivable within one year | 40/41 | €539,960 | €1,419,891 | +€879,931 | +163.0% |
| Trade receivables | 40 | €507,883 | €1,415,747 | +€907,865 | +178.8% |
| Other amounts receivable | 41 | €32,077 | €4,144 | -€27,933 | -87.1% |
| Cash at bank and in hand | 54/58 | €395 | €27,448 | +€27,054 | +6856.5% |
| Total equity and liabilities | 10/49 | €1,246,468 | €2,172,257 | +€925,789 | +74.3% |
| Equity | 10/15 | €51,927 | €31,149 | -€20,778 | -40.0% |
| Contributions | 10/11 | €29,800 | €29,800 | = | 0.0% |
| Reserves | 13 | €22,127 | €1,349 | -€20,778 | -93.9% |
| Distributable reserves | 133 | €22,127 | €1,349 | -€20,778 | -93.9% |
| Amounts payable | 17/49 | €1,194,541 | €2,141,108 | +€946,567 | +79.2% |
| Amounts payable within one year | 42/48 | €1,194,541 | €2,141,108 | +€946,567 | +79.2% |
| Trade debts | 44 | €683,625 | €1,545,072 | +€861,446 | +126.0% |
| Suppliers | 440/4 | €683,625 | €1,545,072 | +€861,446 | +126.0% |
| Taxes, remuneration and social security | 45 | €87,446 | €179,344 | +€91,897 | +105.1% |
| Taxes | 450/3 | €87,446 | €179,344 | +€91,897 | +105.1% |
| Other amounts payable | 47/48 | €423,469 | €416,693 | -€6,777 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €817 | - | -€817 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,058,184 | €93,266 | -€964,918 | -91.2% |
| Other operating charges | 640/8 | €2,878 | €1,967 | -€911 | -31.6% |
| Non-recurring operating charges | 66A | €8,011 | €1,207 | -€6,803 | -84.9% |
| Gross operating margin | 9900 | €1,064,639 | €78,749 | -€985,891 | -92.6% |
| Operating profit (loss) | 9901 | -€5,250 | -€17,692 | -€12,442 | -237.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -83.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -83.3% |
| Financial charges | 65/66B | €16,209 | €3,086 | -€13,123 | -81.0% |
| Recurring financial charges | 65 | €16,209 | €3,086 | -€13,123 | -81.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,459 | -€20,778 | +€681 | +3.2% |
| Profit (loss) for the period | 9904 | -€21,459 | -€20,778 | +€681 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,459 | -€20,778 | +€681 | +3.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.