ABCO: 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.
ABCO
Largest movements
- Cash +€286,480
up €286,480 (+228%), from €125,623 to €412,103
mainly Depreciation (+€118,188) and Trade debts (+€64,975)
- Tangible fixed assets -€118,188
down €118,188 (-3.5%), from €3.4m to €3.2m
of which Land and buildings: -€95,102
- Receivables within one year -€53,836
down €53,836 (-43.1%), from €124,823 to €70,987
of which Other amounts receivable: -€79,989
- Trade debts +€64,975
up €64,975 (+1,777%), from €3,657 to €68,632
- Debts after one year +€52,709
up €52,709 (+4.0%), from €1.3m to €1.4m
- Gross operating margin +€87,865
up €87,865 (+22.8%), from €385,294 to €473,159
- Depreciation +€37,203
up €37,203 (+45.9%), from €80,985 to €118,188
- Staff costs +€22,933
up €22,933 (+12.4%), from €184,508 to €207,441
- Financial charges +€10,199
up €10,199 (+23.6%), from €43,277 to €53,476
- Other operating charges +€8,319
up €8,319 (+20.9%), from €39,898 to €48,217
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 | €3,607,706 | €3,724,716 | +€117,010 | +3.2% |
| Fixed assets | 21/28 | €3,357,259 | €3,239,071 | -€118,188 | -3.5% |
| Tangible fixed assets | 22/27 | €3,357,259 | €3,239,071 | -€118,188 | -3.5% |
| Land and buildings | 22 | €3,279,608 | €3,184,507 | -€95,102 | -2.9% |
| Furniture and vehicles | 24 | €77,651 | €54,565 | -€23,086 | -29.7% |
| Current assets | 29/58 | €250,447 | €485,644 | +€235,198 | +93.9% |
| Amounts receivable within one year | 40/41 | €124,823 | €70,987 | -€53,836 | -43.1% |
| Trade receivables | 40 | €23,191 | €49,344 | +€26,153 | +113% |
| Other amounts receivable | 41 | €101,633 | €21,644 | -€79,989 | -78.7% |
| Cash at bank and in hand | 54/58 | €125,623 | €412,103 | +€286,480 | +228% |
| Deferred charges and accrued income | 490/1 | €0 | €2,554 | +€2,554 | |
| Total equity and liabilities | 10/49 | €3,607,706 | €3,724,716 | +€117,010 | +3.2% |
| Equity | 10/15 | €2,207,541 | €2,237,943 | +€30,402 | +1.4% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €2,133,173 | €2,163,575 | +€30,402 | +1.4% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €2,125,736 | €2,156,138 | +€30,402 | +1.4% |
| Amounts payable | 17/49 | €1,400,165 | €1,486,773 | +€86,608 | +6.2% |
| Amounts payable after more than one year | 17 | €1,319,410 | €1,372,120 | +€52,709 | +4.0% |
| Other amounts payable | 178/9 | €1,319,410 | €1,372,120 | +€52,709 | +4.0% |
| Amounts payable within one year | 42/48 | €80,755 | €113,939 | +€33,184 | +41.1% |
| Trade debts | 44 | €3,657 | €68,632 | +€64,975 | +1,777% |
| Suppliers | 440/4 | €3,657 | €68,632 | +€64,975 | +1,777% |
| Taxes, remuneration and social security | 45 | €76,287 | €45,247 | -€31,040 | -40.7% |
| Taxes | 450/3 | €44,446 | €10,976 | -€33,470 | -75.3% |
| Remuneration and social security | 454/9 | €31,841 | €34,270 | +€2,429 | +7.6% |
| Other amounts payable | 47/48 | €811 | €60 | -€751 | -92.6% |
| Accrued charges and deferred income | 492/3 | €0 | €714 | +€714 | |
| Remuneration, social security and pensions | 62 | €184,508 | €207,441 | +€22,933 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,985 | €118,188 | +€37,203 | +45.9% |
| Other operating charges | 640/8 | €39,898 | €48,217 | +€8,319 | +20.9% |
| Gross operating margin | 9900 | €385,294 | €473,159 | +€87,865 | +22.8% |
| Operating profit (loss) | 9901 | €79,904 | €99,313 | +€19,409 | +24.3% |
| Financial income | 75/76B | €3,629 | €782 | -€2,847 | -78.5% |
| Recurring financial income | 75 | €3,629 | €782 | -€2,847 | -78.5% |
| Financial charges | 65/66B | €43,277 | €53,476 | +€10,199 | +23.6% |
| Recurring financial charges | 65 | €43,277 | €53,476 | +€10,199 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | €40,256 | €46,619 | +€6,363 | +15.8% |
| Income taxes | 67/77 | €15,276 | €16,217 | +€941 | +6.2% |
| Profit (loss) for the period | 9904 | €24,980 | €30,402 | +€5,422 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,980 | €30,402 | +€5,422 | +21.7% |
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 22 October 2026 via checked.be.