ABAO: 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.
ABAO
Largest movements
- Cash +€11,613
up €11,613 (+170.6%), from €6,807 to €18,420
mainly Net result for the year (+€25,572) and Receivables within one year (+€3,202)
- Stocks and contracts +€10,874
up €10,874 (+20.2%), from €53,769 to €64,642
- Receivables within one year -€3,202
down €3,202 (-7.8%), from €41,038 to €37,836
of which Trade receivables: -€4,474
- Tangible fixed assets -€1,788
down €1,788 (-13.6%), from €13,150 to €11,363
- Profit (loss) carried forward +€25,572
up €25,572 (+33.0%), from -€77,604 to -€52,032
- Trade debts -€5,727
down €5,727 (-19.0%), from €30,170 to €24,443
- Other debts -€2,658
down €2,658 (-1.9%), from €143,602 to €140,944
- Gross operating margin +€11,774
up €11,774 (+65.0%), from €18,113 to €29,888
- Other operating charges -€10,025
down €10,025 (-86.7%), from €11,565 to €1,540
- Depreciation -€4,931
down €4,931 (-73.4%), from €6,719 to €1,788
- Financial charges -€463
down €463 (-32.8%), from €1,415 to €951
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 | €115,345 | €132,628 | +€17,283 | +15.0% |
| Fixed assets | 21/28 | €13,517 | €11,730 | -€1,788 | -13.2% |
| Tangible fixed assets | 22/27 | €13,150 | €11,363 | -€1,788 | -13.6% |
| Other tangible fixed assets | 26 | €13,150 | €11,363 | -€1,788 | -13.6% |
| Financial fixed assets | 28 | €367 | €367 | = | 0.0% |
| Current assets | 29/58 | €101,827 | €120,898 | +€19,071 | +18.7% |
| Stocks and contracts in progress | 3 | €53,769 | €64,642 | +€10,874 | +20.2% |
| Stocks | 30/36 | €53,769 | €64,642 | +€10,874 | +20.2% |
| Amounts receivable within one year | 40/41 | €41,038 | €37,836 | -€3,202 | -7.8% |
| Trade receivables | 40 | €40,562 | €36,088 | -€4,474 | -11.0% |
| Other amounts receivable | 41 | €476 | €1,748 | +€1,272 | +267.1% |
| Cash at bank and in hand | 54/58 | €6,807 | €18,420 | +€11,613 | +170.6% |
| Deferred charges and accrued income | 490/1 | €214 | - | -€214 | |
| Total equity and liabilities | 10/49 | €115,345 | €132,628 | +€17,283 | +15.0% |
| Equity | 10/15 | -€59,004 | -€33,432 | +€25,572 | +43.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,604 | -€52,032 | +€25,572 | +33.0% |
| Amounts payable | 17/49 | €174,349 | €166,060 | -€8,288 | -4.8% |
| Amounts payable within one year | 42/48 | €174,349 | €166,060 | -€8,288 | -4.8% |
| Trade debts | 44 | €30,170 | €24,443 | -€5,727 | -19.0% |
| Suppliers | 440/4 | €30,170 | €24,443 | -€5,727 | -19.0% |
| Taxes, remuneration and social security | 45 | €577 | €674 | +€97 | +16.9% |
| Taxes | 450/3 | €577 | €674 | +€97 | +16.9% |
| Other amounts payable | 47/48 | €143,602 | €140,944 | -€2,658 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,719 | €1,788 | -€4,931 | -73.4% |
| Other operating charges | 640/8 | €11,565 | €1,540 | -€10,025 | -86.7% |
| Non-recurring operating charges | 66A | €1,461 | - | -€1,461 | |
| Gross operating margin | 9900 | €18,113 | €29,888 | +€11,774 | +65.0% |
| Operating profit (loss) | 9901 | -€1,631 | €26,560 | +€28,191 | |
| Financial income | 75/76B | €4 | €2 | -€2 | -50.4% |
| Recurring financial income | 75 | €4 | €2 | -€2 | -50.4% |
| Financial charges | 65/66B | €1,415 | €951 | -€463 | -32.8% |
| Recurring financial charges | 65 | €1,415 | €951 | -€463 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,041 | €25,611 | +€28,652 | |
| Income taxes | 67/77 | €215 | €39 | -€176 | -81.8% |
| Profit (loss) for the period | 9904 | -€3,256 | €25,572 | +€28,828 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,256 | €25,572 | +€28,828 |
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 10 October 2026 via checked.be.