ABD-ELECT GROUP: 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.
ABD-ELECT GROUP
Largest movements
- Cash +€72,000
up €72,000 (+14373.4%), from €501 to €72,501
mainly Accrued charges and deferred income (+€110,099) and Net result for the year (+€28,720)
- Receivables within one year +€45,238
up €45,238 (+67.5%), from €67,037 to €112,276
of which Trade receivables: +€44,777
- Tangible fixed assets +€5,516
up €5,516 (+124.8%), from €4,421 to €9,937
- Deferred charges and accrued income -€2,115
down €2,115 (-67.2%), from €3,146 to €1,031
- Accrued charges and deferred income +€110,099
new in 2025: €110,099
- Profit (loss) carried forward +€28,720
up €28,720 (+106.8%), from €26,895 to €55,616
- Trade debts -€10,792
down €10,792 (-53.2%), from €20,270 to €9,478
- Short-term financial debts -€9,283
no longer reported in 2025 (was €9,283)
- Other debts +€3,009
up €3,009 (+32.9%), from €9,137 to €12,146
- Gross operating margin +€43,916
up €43,916 (+176.5%), from €24,880 to €68,796
- Staff costs +€17,747
up €17,747 (+254.1%), from €6,984 to €24,731
- Taxes +€7,793
up €7,793 (+185.7%), from €4,198 to €11,991
- Depreciation +€1,051
up €1,051 (+315.2%), from €333 to €1,385
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 | €75,105 | €195,745 | +€120,639 | +160.6% |
| Fixed assets | 21/28 | €4,421 | €9,937 | +€5,516 | +124.8% |
| Tangible fixed assets | 22/27 | €4,421 | €9,937 | +€5,516 | +124.8% |
| Furniture and vehicles | 24 | €4,421 | €9,937 | +€5,516 | +124.8% |
| Current assets | 29/58 | €70,685 | €185,808 | +€115,123 | +162.9% |
| Amounts receivable within one year | 40/41 | €67,037 | €112,276 | +€45,238 | +67.5% |
| Trade receivables | 40 | €62,180 | €106,957 | +€44,777 | +72.0% |
| Other amounts receivable | 41 | €4,858 | €5,319 | +€461 | +9.5% |
| Cash at bank and in hand | 54/58 | €501 | €72,501 | +€72,000 | +14373.4% |
| Deferred charges and accrued income | 490/1 | €3,146 | €1,031 | -€2,115 | -67.2% |
| Total equity and liabilities | 10/49 | €75,105 | €195,745 | +€120,639 | +160.6% |
| Equity | 10/15 | €31,024 | €59,744 | +€28,720 | +92.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Contributions outside capital | 11 | €4,000 | €4,000 | = | 0.0% |
| Share premium | 1100/10 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €128 | €128 | = | 0.0% |
| Distributable reserves | 133 | €128 | €128 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,895 | €55,616 | +€28,720 | +106.8% |
| Amounts payable | 17/49 | €44,081 | €136,001 | +€91,919 | +208.5% |
| Amounts payable within one year | 42/48 | €44,081 | €25,902 | -€18,180 | -41.2% |
| Financial debts | 43 | €9,283 | - | -€9,283 | |
| Credit institutions | 430/8 | €9,283 | - | -€9,283 | |
| Trade debts | 44 | €20,270 | €9,478 | -€10,792 | -53.2% |
| Suppliers | 440/4 | €20,270 | €9,478 | -€10,792 | -53.2% |
| Taxes, remuneration and social security | 45 | €5,392 | €4,278 | -€1,114 | -20.7% |
| Taxes | 450/3 | €697 | €1,290 | +€592 | +84.9% |
| Remuneration and social security | 454/9 | €4,695 | €2,988 | -€1,707 | -36.4% |
| Other amounts payable | 47/48 | €9,137 | €12,146 | +€3,009 | +32.9% |
| Accrued charges and deferred income | 492/3 | - | €110,099 | +€110,099 | |
| Remuneration, social security and pensions | 62 | €6,984 | €24,731 | +€17,747 | +254.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €333 | €1,385 | +€1,051 | +315.2% |
| Other operating charges | 640/8 | €86 | €474 | +€388 | +450.0% |
| Gross operating margin | 9900 | €24,880 | €68,796 | +€43,916 | +176.5% |
| Operating profit (loss) | 9901 | €17,476 | €42,206 | +€24,730 | +141.5% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €1,559 | €1,495 | -€64 | -4.1% |
| Recurring financial charges | 65 | €1,559 | €1,495 | -€64 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €15,919 | €40,711 | +€24,792 | +155.7% |
| Income taxes | 67/77 | €4,198 | €11,991 | +€7,793 | +185.7% |
| Profit (loss) for the period | 9904 | €11,721 | €28,720 | +€16,999 | +145.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,721 | €28,720 | +€16,999 | +145.0% |
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 11 October 2026 via checked.be.