ABCOS: 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.
ABCOS
Largest movements
- Tangible fixed assets -€520,686
down €520,686 (-76.8%), from €678,402 to €157,716
- Receivables within one year -€34,565
down €34,565 (-13.0%), from €265,048 to €230,483
of which Trade receivables: -€87,050
- Debts after one year -€557,421
down €557,421 (-86.1%), from €647,170 to €89,749
of which Financial debts: -€557,421
- Current portion of long-term debt -€37,424
down €37,424 (-32.6%), from €114,845 to €77,421
- Profit (loss) carried forward +€36,072
up €36,072 (+77.6%), from -€46,479 to -€10,407
- Other debts +€35,760
up €35,760 (+44.5%), from €80,449 to €116,209
- Trade debts -€24,796
down €24,796 (-89.5%), from €27,715 to €2,919
- Other operating charges +€166,691
up €166,691 (+399.4%), from €41,739 to €208,430
- Gross operating margin +€80,270
up €80,270 (+39.0%), from €206,080 to €286,349
- Depreciation -€32,629
down €32,629 (-77.3%), from €42,229 to €9,600
- Financial charges +€6,283
up €6,283 (+24.7%), from €25,487 to €31,770
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 | €994,614 | €434,577 | -€560,036 | -56.3% |
| Fixed assets | 21/28 | €688,402 | €163,216 | -€525,186 | -76.3% |
| Tangible fixed assets | 22/27 | €678,402 | €157,716 | -€520,686 | -76.8% |
| Land and buildings | 22 | €678,402 | €157,716 | -€520,686 | -76.8% |
| Financial fixed assets | 28 | €10,000 | €5,500 | -€4,500 | -45.0% |
| Current assets | 29/58 | €306,212 | €271,361 | -€34,850 | -11.4% |
| Amounts receivable within one year | 40/41 | €265,048 | €230,483 | -€34,565 | -13.0% |
| Trade receivables | 40 | €104,173 | €17,124 | -€87,050 | -83.6% |
| Other amounts receivable | 41 | €160,875 | €213,360 | +€52,485 | +32.6% |
| Cash at bank and in hand | 54/58 | €29,047 | €28,738 | -€309 | -1.1% |
| Deferred charges and accrued income | 490/1 | €12,117 | €12,140 | +€23 | +0.2% |
| Total equity and liabilities | 10/49 | €994,614 | €434,577 | -€560,036 | -56.3% |
| Equity | 10/15 | €31,897 | €67,969 | +€36,072 | +113.1% |
| Contributions | 10/11 | €72,610 | €72,610 | = | 0.0% |
| Reserves | 13 | €5,767 | €5,767 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,878 | €2,878 | = | 0.0% |
| Distributable reserves | 133 | €2,889 | €2,889 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,479 | -€10,407 | +€36,072 | +77.6% |
| Amounts payable | 17/49 | €962,716 | €366,608 | -€596,109 | -61.9% |
| Amounts payable after more than one year | 17 | €647,170 | €89,749 | -€557,421 | -86.1% |
| Financial debts | 170/4 | €641,235 | €83,814 | -€557,421 | -86.9% |
| Other amounts payable | 178/9 | €5,935 | €5,935 | = | 0.0% |
| Amounts payable within one year | 42/48 | €304,346 | €276,441 | -€27,905 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €114,845 | €77,421 | -€37,424 | -32.6% |
| Financial debts | 43 | €70,000 | €70,000 | = | 0.0% |
| Credit institutions | 430/8 | €70,000 | €70,000 | = | 0.0% |
| Trade debts | 44 | €27,715 | €2,919 | -€24,796 | -89.5% |
| Suppliers | 440/4 | €27,715 | €2,919 | -€24,796 | -89.5% |
| Taxes, remuneration and social security | 45 | €11,337 | €9,892 | -€1,446 | -12.8% |
| Taxes | 450/3 | €11,337 | €9,892 | -€1,446 | -12.8% |
| Other amounts payable | 47/48 | €80,449 | €116,209 | +€35,760 | +44.5% |
| Accrued charges and deferred income | 492/3 | €11,200 | €418 | -€10,783 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,229 | €9,600 | -€32,629 | -77.3% |
| Other operating charges | 640/8 | €41,739 | €208,430 | +€166,691 | +399.4% |
| Gross operating margin | 9900 | €206,080 | €286,349 | +€80,270 | +39.0% |
| Operating profit (loss) | 9901 | €122,111 | €68,319 | -€53,792 | -44.1% |
| Financial income | 75/76B | €12 | €114 | +€103 | +878.0% |
| Recurring financial income | 75 | €12 | €114 | +€103 | +878.0% |
| Financial charges | 65/66B | €25,487 | €31,770 | +€6,283 | +24.7% |
| Recurring financial charges | 65 | €25,487 | €31,770 | +€6,283 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €96,636 | €36,664 | -€59,972 | -62.1% |
| Income taxes | 67/77 | €290 | €592 | +€302 | +104.1% |
| Profit (loss) for the period | 9904 | €96,346 | €36,072 | -€60,274 | -62.6% |
| Profit (loss) for the period to be appropriated | 9905 | €96,346 | €36,072 | -€60,274 | -62.6% |
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 4 October 2026 via checked.be.