ABADIAM ANDRE: 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.
ABADIAM ANDRE
Largest movements
- Stocks and contracts +€254,341
up €254,341 (+26.9%), from €943,787 to €1.2m
- Receivables within one year -€12,217
down €12,217 (-87.0%), from €14,048 to €1,831
of which Other amounts receivable: -€12,217
- Trade debts +€416,497
up €416,497 (+52.7%), from €790,747 to €1.2m
- Profit (loss) carried forward -€105,213
down €105,213 (-41.7%), from -€252,048 to -€357,261
- Other debts -€65,941
down €65,941 (-18.2%), from €363,055 to €297,115
- Gross operating margin -€89,928
down €89,928, from €23,747 to -€66,181
- Staff costs -€7,532
down €7,532 (-20.7%), from €36,362 to €28,830
- Taxes -€2,600
down €2,600 (-74.5%), from €3,490 to €890
- Other operating charges +€1,101
up €1,101 (+93.8%), from €1,174 to €2,275
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 | €958,590 | €1,200,483 | +€241,893 | +25.2% |
| Current assets | 29/58 | €958,590 | €1,200,483 | +€241,893 | +25.2% |
| Stocks and contracts in progress | 3 | €943,787 | €1,198,128 | +€254,341 | +26.9% |
| Stocks | 30/36 | €943,787 | €1,198,128 | +€254,341 | +26.9% |
| Amounts receivable within one year | 40/41 | €14,048 | €1,831 | -€12,217 | -87.0% |
| Trade receivables | 40 | - | €0 | +€0 | |
| Other amounts receivable | 41 | €14,048 | €1,831 | -€12,217 | -87.0% |
| Cash at bank and in hand | 54/58 | €83 | €150 | +€66 | +79.7% |
| Deferred charges and accrued income | 490/1 | €672 | €374 | -€298 | -44.3% |
| Total equity and liabilities | 10/49 | €958,590 | €1,200,483 | +€241,893 | +25.2% |
| Equity | 10/15 | -€208,075 | -€313,287 | -€105,213 | -50.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,374 | €25,374 | = | 0.0% |
| Distributable reserves | 133 | €25,374 | €25,374 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€252,048 | -€357,261 | -€105,213 | -41.7% |
| Amounts payable | 17/49 | €1,166,665 | €1,513,770 | +€347,105 | +29.8% |
| Amounts payable within one year | 42/48 | €1,166,665 | €1,513,770 | +€347,105 | +29.8% |
| Trade debts | 44 | €790,747 | €1,207,244 | +€416,497 | +52.7% |
| Suppliers | 440/4 | €790,747 | €1,207,244 | +€416,497 | +52.7% |
| Taxes, remuneration and social security | 45 | €12,863 | €9,412 | -€3,451 | -26.8% |
| Taxes | 450/3 | €10,200 | €6,776 | -€3,425 | -33.6% |
| Remuneration and social security | 454/9 | €2,663 | €2,636 | -€27 | -1.0% |
| Other amounts payable | 47/48 | €363,055 | €297,115 | -€65,941 | -18.2% |
| Remuneration, social security and pensions | 62 | €36,362 | €28,830 | -€7,532 | -20.7% |
| Other operating charges | 640/8 | €1,174 | €2,275 | +€1,101 | +93.8% |
| Gross operating margin | 9900 | €23,747 | -€66,181 | -€89,928 | |
| Operating profit (loss) | 9901 | -€13,788 | -€97,286 | -€83,497 | -606% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €7,307 | €7,037 | -€270 | -3.7% |
| Recurring financial charges | 65 | €7,307 | €7,037 | -€270 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€21,095 | -€104,323 | -€83,228 | -395% |
| Income taxes | 67/77 | €3,490 | €890 | -€2,600 | -74.5% |
| Profit (loss) for the period | 9904 | -€24,585 | -€105,213 | -€80,627 | -328% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,585 | -€105,213 | -€80,627 | -328% |
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 16 October 2026 via checked.be.