ABAK IMMO: 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.
ABAK IMMO
Largest movements
- Stocks and contracts +€2.3m
up €2.3m (+37.8%), from €6.2m to €8.5m
- Cash -€240,531
down €240,531 (-81.5%), from €295,085 to €54,555
mainly Stocks and contracts (-€2.3m) and Net result for the year (-€234,240)
- Receivables within one year -€170,037
down €170,037 (-100%), from €170,037 to €0
of which Trade receivables: -€170,037
- Debts after one year +€2.2m
up €2.2m (+36.5%), from €6.2m to €8.4m
of which Advances received on contracts in progress: +€2.4m
- Profit (loss) carried forward -€234,240
down €234,240 (-114%), from -€206,194 to -€440,434
- Trade debts -€185,223
down €185,223 (-59.6%), from €310,716 to €125,493
- Tax, wage and social debts +€103,049
up €103,049 (+152%), from €67,652 to €170,701
- Financial charges +€54,583
up €54,583 (+30.9%), from €176,710 to €231,293
- Other operating charges +€563
up €563 (+130%), from €435 to €998
- Gross operating margin +€462
up €462 (+19.2%), from -€2,411 to -€1,949
- Purchases and services -€462
down €462 (-19.2%), from €2,411 to €1,949
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 | €6,653,282 | €8,584,650 | +€1.9m | +29.0% |
| Current assets | 29/58 | €6,653,282 | €8,584,650 | +€1.9m | +29.0% |
| Stocks and contracts in progress | 3 | €6,188,159 | €8,530,095 | +€2.3m | +37.8% |
| Stocks | 30/36 | €6,188,159 | €8,530,095 | +€2.3m | +37.8% |
| Amounts receivable within one year | 40/41 | €170,037 | €0 | -€170,037 | -100% |
| Trade receivables | 40 | €170,037 | €0 | -€170,037 | -100% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €295,085 | €54,555 | -€240,531 | -81.5% |
| Total equity and liabilities | 10/49 | €6,653,282 | €8,584,650 | +€1.9m | +29.0% |
| Equity | 10/15 | €118,806 | -€115,434 | -€234,240 | |
| Contributions | 10/11 | €325,000 | €325,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€206,194 | -€440,434 | -€234,240 | -114% |
| Amounts payable | 17/49 | €6,534,476 | €8,700,084 | +€2.2m | +33.1% |
| Amounts payable after more than one year | 17 | €6,156,108 | €8,403,890 | +€2.2m | +36.5% |
| Financial debts | 170/4 | €3,567,794 | €3,408,805 | -€158,989 | -4.5% |
| Advances received on contracts in progress | 176 | €1,079,564 | €3,522,785 | +€2.4m | +226% |
| Other amounts payable | 178/9 | €1,508,750 | €1,472,300 | -€36,450 | -2.4% |
| Amounts payable within one year | 42/48 | €378,368 | €296,194 | -€82,174 | -21.7% |
| Trade debts | 44 | €310,716 | €125,493 | -€185,223 | -59.6% |
| Suppliers | 440/4 | €310,716 | €125,493 | -€185,223 | -59.6% |
| Taxes, remuneration and social security | 45 | €67,652 | €170,701 | +€103,049 | +152% |
| Taxes | 450/3 | €67,652 | €170,701 | +€103,049 | +152% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,411 | €1,949 | -€462 | -19.2% |
| Other operating charges | 640/8 | €435 | €998 | +€563 | +130% |
| Gross operating margin | 9900 | -€2,411 | -€1,949 | +€462 | +19.2% |
| Operating profit (loss) | 9901 | -€2,846 | -€2,947 | -€101 | -3.6% |
| Financial charges | 65/66B | €176,710 | €231,293 | +€54,583 | +30.9% |
| Recurring financial charges | 65 | €176,710 | €231,293 | +€54,583 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | -€179,556 | -€234,240 | -€54,684 | -30.5% |
| Profit (loss) for the period | 9904 | -€179,556 | -€234,240 | -€54,684 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€179,556 | -€234,240 | -€54,684 | -30.5% |
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 15 October 2026 via checked.be.