ABAX: 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.
ABAX
Largest movements
- Receivables within one year -€42,201
down €42,201 (-32.0%), from €131,678 to €89,477
of which Trade receivables: -€49,370
- Cash -€10,215
down €10,215 (-7.6%), from €135,018 to €124,803
mainly Trade debts (-€52,040) and Accrued charges and deferred income (-€5,827)
- Trade debts -€52,040
down €52,040 (-62.5%), from €83,328 to €31,288
- Accrued charges and deferred income -€5,827
down €5,827 (-100.0%), from €5,827 to €0
- Profit (loss) carried forward +€2,895
up €2,895 (+1.8%), from €163,271 to €166,166
- Staff costs -€26,288
down €26,288 (-44.7%), from €58,756 to €32,468
- Gross operating margin -€24,891
down €24,891 (-37.6%), from €66,128 to €41,237
- Depreciation +€1,294
up €1,294 (+266.8%), from €485 to €1,779
- Financial charges +€1,162
up €1,162 (+164.8%), from €705 to €1,867
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 | €280,788 | €226,695 | -€54,093 | -19.3% |
| Fixed assets | 21/28 | €5,004 | €3,225 | -€1,779 | -35.6% |
| Tangible fixed assets | 22/27 | €4,839 | €3,060 | -€1,779 | -36.8% |
| Furniture and vehicles | 24 | €4,839 | €3,060 | -€1,779 | -36.8% |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €275,784 | €223,470 | -€52,314 | -19.0% |
| Stocks and contracts in progress | 3 | €4,701 | €3,888 | -€813 | -17.3% |
| Stocks | 30/36 | €4,701 | €3,888 | -€813 | -17.3% |
| Amounts receivable within one year | 40/41 | €131,678 | €89,477 | -€42,201 | -32.0% |
| Trade receivables | 40 | €106,036 | €56,666 | -€49,370 | -46.6% |
| Other amounts receivable | 41 | €25,642 | €32,811 | +€7,169 | +28.0% |
| Cash at bank and in hand | 54/58 | €135,018 | €124,803 | -€10,215 | -7.6% |
| Deferred charges and accrued income | 490/1 | €4,387 | €5,301 | +€915 | +20.8% |
| Total equity and liabilities | 10/49 | €280,788 | €226,695 | -€54,093 | -19.3% |
| Equity | 10/15 | €183,722 | €186,617 | +€2,895 | +1.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €163,271 | €166,166 | +€2,895 | +1.8% |
| Amounts payable | 17/49 | €97,066 | €40,078 | -€56,988 | -58.7% |
| Amounts payable within one year | 42/48 | €91,238 | €40,078 | -€51,161 | -56.1% |
| Current portion of amounts payable after more than one year | 42 | €854 | €847 | -€7 | -0.9% |
| Trade debts | 44 | €83,328 | €31,288 | -€52,040 | -62.5% |
| Suppliers | 440/4 | €83,328 | €31,288 | -€52,040 | -62.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,202 | €3,089 | +€887 | +40.3% |
| Taxes | 450/3 | €1,602 | €3,028 | +€1,427 | +89.1% |
| Remuneration and social security | 454/9 | €601 | €61 | -€540 | -89.9% |
| Other amounts payable | 47/48 | €4,854 | €4,854 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,827 | €0 | -€5,827 | -100.0% |
| Remuneration, social security and pensions | 62 | €58,756 | €32,468 | -€26,288 | -44.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €485 | €1,779 | +€1,294 | +266.8% |
| Other operating charges | 640/8 | €1,001 | €893 | -€108 | -10.8% |
| Gross operating margin | 9900 | €66,128 | €41,237 | -€24,891 | -37.6% |
| Operating profit (loss) | 9901 | €5,886 | €6,097 | +€211 | +3.6% |
| Financial income | 75/76B | €6 | €101 | +€95 | +1695.5% |
| Recurring financial income | 75 | €6 | €101 | +€95 | +1695.5% |
| Financial charges | 65/66B | €705 | €1,867 | +€1,162 | +164.8% |
| Recurring financial charges | 65 | €705 | €1,867 | +€1,162 | +164.8% |
| Profit (loss) for the period before taxes | 9903 | €5,186 | €4,331 | -€855 | -16.5% |
| Income taxes | 67/77 | €1,080 | €1,435 | +€355 | +32.9% |
| Profit (loss) for the period | 9904 | €4,106 | €2,895 | -€1,210 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,106 | €2,895 | -€1,210 | -29.5% |
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 7 October 2026 via checked.be.