ABC projects: 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.
ABC projects
Largest movements
- Cash +€129,856
up €129,856 (+110.4%), from €117,673 to €247,529
mainly Current investments (+€120,000) and Net result for the year (+€25,650)
- Current investments -€120,000
down €120,000 (-100.0%), from €120,000 to €0
- Tangible fixed assets -€18,396
down €18,396 (-10.7%), from €172,387 to €153,991
of which Land and buildings: -€16,490
- Receivables within one year +€16,776
up €16,776 (+98.7%), from €16,993 to €33,768
of which Trade receivables: +€16,776
- Reserves +€25,650
up €25,650 (+17.0%), from €151,015 to €176,665
of which Distributable reserves: +€25,650
- Debts after one year -€19,025
down €19,025 (-9.8%), from €193,913 to €174,889
- Other debts -€6,667
down €6,667 (-27.3%), from €24,427 to €17,760
- Accrued charges and deferred income +€6,032
up €6,032 (+208.1%), from €2,898 to €8,930
- Gross operating margin +€20,041
up €20,041 (+52.8%), from €37,992 to €58,034
- Taxes +€6,017
up €6,017 (+489.7%), from €1,229 to €7,246
- Depreciation -€3,916
down €3,916 (-17.6%), from €22,312 to €18,396
- Financial income +€3,435
up €3,435, from €0 to €3,435
- Financial charges +€3,000
up €3,000 (+59.2%), from €5,064 to €8,065
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 | €429,680 | €436,747 | +€7,067 | +1.6% |
| Fixed assets | 21/28 | €172,387 | €153,991 | -€18,396 | -10.7% |
| Tangible fixed assets | 22/27 | €172,387 | €153,991 | -€18,396 | -10.7% |
| Land and buildings | 22 | €167,163 | €150,673 | -€16,490 | -9.9% |
| Furniture and vehicles | 24 | €2,224 | €319 | -€1,905 | -85.7% |
| Other tangible fixed assets | 26 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €257,293 | €282,756 | +€25,463 | +9.9% |
| Stocks and contracts in progress | 3 | €250 | €250 | = | 0.0% |
| Stocks | 30/36 | €250 | €250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,993 | €33,768 | +€16,776 | +98.7% |
| Trade receivables | 40 | €16,993 | €33,768 | +€16,776 | +98.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €120,000 | €0 | -€120,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €117,673 | €247,529 | +€129,856 | +110.4% |
| Deferred charges and accrued income | 490/1 | €2,378 | €1,208 | -€1,170 | -49.2% |
| Total equity and liabilities | 10/49 | €429,680 | €436,747 | +€7,067 | +1.6% |
| Equity | 10/15 | €169,615 | €195,265 | +€25,650 | +15.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €151,015 | €176,665 | +€25,650 | +17.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €17,900 | €17,900 | = | 0.0% |
| Distributable reserves | 133 | €133,115 | €158,765 | +€25,650 | +19.3% |
| Amounts payable | 17/49 | €260,065 | €241,482 | -€18,583 | -7.1% |
| Amounts payable after more than one year | 17 | €193,913 | €174,889 | -€19,025 | -9.8% |
| Financial debts | 170/4 | €193,913 | €174,889 | -€19,025 | -9.8% |
| Amounts payable within one year | 42/48 | €63,253 | €57,663 | -€5,590 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €18,757 | €19,025 | +€268 | +1.4% |
| Financial debts | 43 | €0 | €163 | +€163 | |
| Credit institutions | 430/8 | €0 | €163 | +€163 | |
| Trade debts | 44 | €3,818 | €2,349 | -€1,468 | -38.5% |
| Suppliers | 440/4 | €3,818 | €2,349 | -€1,468 | -38.5% |
| Taxes, remuneration and social security | 45 | €16,252 | €18,366 | +€2,115 | +13.0% |
| Taxes | 450/3 | €13,552 | €15,666 | +€2,115 | +15.6% |
| Remuneration and social security | 454/9 | €2,700 | €2,700 | = | 0.0% |
| Other amounts payable | 47/48 | €24,427 | €17,760 | -€6,667 | -27.3% |
| Accrued charges and deferred income | 492/3 | €2,898 | €8,930 | +€6,032 | +208.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,312 | €18,396 | -€3,916 | -17.6% |
| Other operating charges | 640/8 | €2,262 | €2,113 | -€149 | -6.6% |
| Gross operating margin | 9900 | €37,992 | €58,034 | +€20,041 | +52.8% |
| Operating profit (loss) | 9901 | €13,418 | €37,525 | +€24,107 | +179.7% |
| Financial income | 75/76B | €0 | €3,435 | +€3,435 | |
| Recurring financial income | 75 | €0 | €3,435 | +€3,435 | |
| Financial charges | 65/66B | €5,064 | €8,065 | +€3,000 | +59.2% |
| Recurring financial charges | 65 | €5,064 | €8,065 | +€3,000 | +59.2% |
| Profit (loss) for the period before taxes | 9903 | €8,354 | €32,896 | +€24,542 | +293.8% |
| Income taxes | 67/77 | €1,229 | €7,246 | +€6,017 | +489.7% |
| Profit (loss) for the period | 9904 | €7,125 | €25,650 | +€18,525 | +260.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,125 | €25,650 | +€18,525 | +260.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.