Abaco Belgium: 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.
Abaco Belgium
Largest movements
- Current investments +€5.7m
up €5.7m (+145.3%), from €3.9m to €9.6m
- Tangible fixed assets -€3.1m
down €3.1m (-50.4%), from €6.1m to €3.0m
of which Land and buildings: -€3.0m
- Financial fixed assets -€1.3m
down €1.3m (-11.6%), from €11.4m to €10.0m
- Profit (loss) carried forward +€3.4m
up €3.4m, from -€3.0m to €333,901
- Other debts -€1.4m
down €1.4m (-98.4%), from €1.4m to €22,675
- Trade debts -€752,627
down €752,627 (-99.7%), from €754,686 to €2,059
- Gross operating margin +€7.3m
up €7.3m, from -€97,428 to €7.2m
- Other operating charges +€3.0m
up €3.0m (+8181.3%), from €36,846 to €3.1m
- Taxes +€618,336
new in 2025: €618,336
- Financial charges +€219,687
up €219,687 (+1842.7%), from €11,922 to €231,609
- Financial income +€86,188
up €86,188 (+46.1%), from €187,120 to €273,308
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 | €21,500,608 | €22,761,694 | +€1.3m | +5.9% |
| Fixed assets | 21/28 | €17,432,353 | €13,051,515 | -€4.4m | -25.1% |
| Tangible fixed assets | 22/27 | €6,068,026 | €3,010,749 | -€3.1m | -50.4% |
| Land and buildings | 22 | €5,958,985 | €2,949,471 | -€3.0m | -50.5% |
| Plant, machinery and equipment | 23 | €109,041 | €60,751 | -€48,289 | -44.3% |
| Furniture and vehicles | 24 | - | €526 | +€526 | |
| Financial fixed assets | 28 | €11,364,327 | €10,040,767 | -€1.3m | -11.6% |
| Current assets | 29/58 | €4,068,256 | €9,710,178 | +€5.6m | +138.7% |
| Amounts receivable within one year | 40/41 | €84,352 | €80,381 | -€3,971 | -4.7% |
| Trade receivables | 40 | - | €24,873 | +€24,873 | |
| Other amounts receivable | 41 | €84,352 | €55,508 | -€28,844 | -34.2% |
| Current investments | 50/53 | €3,913,953 | €9,600,000 | +€5.7m | +145.3% |
| Cash at bank and in hand | 54/58 | €69,401 | €29,362 | -€40,038 | -57.7% |
| Deferred charges and accrued income | 490/1 | €549 | €435 | -€114 | -20.8% |
| Total equity and liabilities | 10/49 | €21,500,608 | €22,761,694 | +€1.3m | +5.9% |
| Equity | 10/15 | €19,345,794 | €22,727,614 | +€3.4m | +17.5% |
| Contributions | 10/11 | €22,324,626 | €22,324,626 | = | 0.0% |
| Capital | 10 | €22,324,626 | €22,324,626 | = | 0.0% |
| Issued capital | 100 | €22,324,626 | €22,324,626 | = | 0.0% |
| Reserves | 13 | €51,513 | €69,087 | +€17,574 | +34.1% |
| Non-distributable reserves | 130/1 | €51,513 | €69,087 | +€17,574 | +34.1% |
| Legal reserve | 130 | €51,513 | €69,087 | +€17,574 | +34.1% |
| Profit (loss) carried forward | 14 | -€3,030,345 | €333,901 | +€3.4m | |
| Amounts payable | 17/49 | €2,154,814 | €34,080 | -€2.1m | -98.4% |
| Amounts payable within one year | 42/48 | €2,154,814 | €34,080 | -€2.1m | -98.4% |
| Trade debts | 44 | €754,686 | €2,059 | -€752,627 | -99.7% |
| Suppliers | 440/4 | €754,686 | €2,059 | -€752,627 | -99.7% |
| Taxes, remuneration and social security | 45 | €11,223 | €9,346 | -€1,877 | -16.7% |
| Taxes | 450/3 | €865 | - | -€865 | |
| Remuneration and social security | 454/9 | €10,358 | €9,346 | -€1,012 | -9.8% |
| Other amounts payable | 47/48 | €1,388,905 | €22,675 | -€1.4m | -98.4% |
| Remuneration, social security and pensions | 62 | €75,807 | €71,654 | -€4,153 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,951 | €138,757 | -€5,195 | -3.6% |
| Other operating charges | 640/8 | €36,846 | €3,051,275 | +€3.0m | +8181.3% |
| Gross operating margin | 9900 | -€97,428 | €7,220,142 | +€7.3m | |
| Operating profit (loss) | 9901 | -€354,032 | €3,958,457 | +€4.3m | |
| Financial income | 75/76B | €187,120 | €273,308 | +€86,188 | +46.1% |
| Recurring financial income | 75 | €187,120 | €273,308 | +€86,188 | +46.1% |
| Financial charges | 65/66B | €11,922 | €231,609 | +€219,687 | +1842.7% |
| Recurring financial charges | 65 | €11,922 | €231,609 | +€219,687 | +1842.7% |
| Profit (loss) for the period before taxes | 9903 | -€178,834 | €4,000,156 | +€4.2m | |
| Income taxes | 67/77 | - | €618,336 | +€618,336 | |
| Profit (loss) for the period | 9904 | -€178,834 | €3,381,820 | +€3.6m | |
| Profit (loss) for the period to be appropriated | 9905 | -€178,834 | €3,381,820 | +€3.6m |
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 4 October 2026 via checked.be.