ABC-RAILS: 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.
ABC-RAILS
Largest movements
- Stocks and contracts -€26,428
down €26,428 (-11.0%), from €239,310 to €212,881
- Cash +€13,390
up €13,390 (+417.3%), from €3,209 to €16,598
mainly Net result for the year (+€33,881) and Stocks and contracts (+€26,428)
- Receivables within one year -€12,442
down €12,442 (-25.4%), from €48,992 to €36,550
of which Other amounts receivable: -€8,850
- Other debts -€46,642
down €46,642 (-21.3%), from €219,102 to €172,460
- Profit (loss) carried forward +€33,881
up €33,881 (+43.3%), from -€78,210 to -€44,329
- Short-term financial debts -€25,274
no longer reported in 2025 (was €25,274)
- Trade debts +€5,350
up €5,350 (+833.0%), from €642 to €5,993
- Tax, wage and social debts +€4,862
up €4,862 (+49.8%), from €9,769 to €14,632
of which Taxes: +€5,459
- Write-downs -€17,335
no longer reported in 2025 (was €17,335)
- Gross operating margin +€10,765
up €10,765 (+25.9%), from €41,525 to €52,291
- Financial charges +€9,249
up €9,249 (+338.5%), from €2,733 to €11,981
of which Financial charges: +€9,441
- Financial income -€4,931
no longer reported in 2025 (was €4,931)
of which Financial income: -€4,327
- Depreciation -€1,916
down €1,916 (-24.4%), from €7,837 to €5,921
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 | €315,177 | €287,355 | -€27,822 | -8.8% |
| Fixed assets | 21/28 | €23,021 | €20,745 | -€2,276 | -9.9% |
| Tangible fixed assets | 22/27 | €23,021 | €20,745 | -€2,276 | -9.9% |
| Plant, machinery and equipment | 23 | - | €3,220 | +€3,220 | |
| Furniture and vehicles | 24 | €2,534 | €1,102 | -€1,433 | -56.5% |
| Other tangible fixed assets | 26 | €20,487 | €16,424 | -€4,063 | -19.8% |
| Current assets | 29/58 | €292,156 | €266,609 | -€25,547 | -8.7% |
| Stocks and contracts in progress | 3 | €239,310 | €212,881 | -€26,428 | -11.0% |
| Stocks | 30/36 | €239,310 | €212,881 | -€26,428 | -11.0% |
| Amounts receivable within one year | 40/41 | €48,992 | €36,550 | -€12,442 | -25.4% |
| Trade receivables | 40 | €40,141 | €36,550 | -€3,592 | -8.9% |
| Other amounts receivable | 41 | €8,850 | - | -€8,850 | |
| Cash at bank and in hand | 54/58 | €3,209 | €16,598 | +€13,390 | +417.3% |
| Deferred charges and accrued income | 490/1 | €646 | €580 | -€66 | -10.2% |
| Total equity and liabilities | 10/49 | €315,177 | €287,355 | -€27,822 | -8.8% |
| Equity | 10/15 | -€59,610 | -€25,729 | +€33,881 | +56.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,210 | -€44,329 | +€33,881 | +43.3% |
| Amounts payable | 17/49 | €374,787 | €313,084 | -€61,703 | -16.5% |
| Amounts payable after more than one year | 17 | €120,000 | €120,000 | = | 0.0% |
| Financial debts | 170/4 | €120,000 | €120,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €254,787 | €193,084 | -€61,703 | -24.2% |
| Financial debts | 43 | €25,274 | - | -€25,274 | |
| Credit institutions | 430/8 | €25,274 | - | -€25,274 | |
| Trade debts | 44 | €642 | €5,993 | +€5,350 | +833.0% |
| Suppliers | 440/4 | €642 | €5,993 | +€5,350 | +833.0% |
| Taxes, remuneration and social security | 45 | €9,769 | €14,632 | +€4,862 | +49.8% |
| Taxes | 450/3 | €9,173 | €14,632 | +€5,459 | +59.5% |
| Remuneration and social security | 454/9 | €597 | - | -€597 | |
| Other amounts payable | 47/48 | €219,102 | €172,460 | -€46,642 | -21.3% |
| Non-recurring operating income | 76A | - | €753 | +€753 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,837 | €5,921 | -€1,916 | -24.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,335 | - | -€17,335 | |
| Other operating charges | 640/8 | €540 | €507 | -€32 | -6.0% |
| Gross operating margin | 9900 | €41,525 | €52,291 | +€10,765 | +25.9% |
| Operating profit (loss) | 9901 | €15,814 | €45,862 | +€30,048 | +190.0% |
| Financial income | 75/76B | €4,931 | - | -€4,931 | |
| Recurring financial income | 75 | €4,327 | - | -€4,327 | |
| Non-recurring financial income | 76B | €604 | - | -€604 | |
| Financial charges | 65/66B | €2,733 | €11,981 | +€9,249 | +338.5% |
| Recurring financial charges | 65 | €2,540 | €11,981 | +€9,441 | +371.6% |
| Non-recurring financial charges | 66B | €192 | - | -€192 | |
| Profit (loss) for the period before taxes | 9903 | €18,013 | €33,881 | +€15,868 | +88.1% |
| Profit (loss) for the period | 9904 | €18,013 | €33,881 | +€15,868 | +88.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,013 | €33,881 | +€15,868 | +88.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.