ABD GROUP BRUSSELS: 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 GROUP BRUSSELS
Largest movements
- Receivables within one year +€43,912
up €43,912 (+23.9%), from €183,569 to €227,481
of which Other amounts receivable: +€33,208
- Tangible fixed assets +€30,829
up €30,829 (+364%), from €8,470 to €39,299
- Deferred charges and accrued income +€7,108
new in 2025: €7,108
- Trade debts +€92,220
up €92,220 (+203%), from €45,518 to €137,738
- Advances received +€85,287
new in 2025: €85,287
- Other debts -€50,000
no longer reported in 2025 (was €50,000)
- Profit (loss) carried forward -€26,296
down €26,296 (-42.6%), from €61,775 to €35,479
- Tax, wage and social debts -€15,551
down €15,551 (-17.2%), from €90,348 to €74,797
of which Taxes: -€46,976
- Staff costs +€170,768
up €170,768 (+75.6%), from €225,935 to €396,703
- Gross operating margin +€136,919
up €136,919 (+36.6%), from €374,312 to €511,231
- Write-downs +€29,053
new in 2025: €29,053
- Taxes -€19,216
down €19,216 (-63.3%), from €30,359 to €11,143
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 | €266,641 | €352,302 | +€85,661 | +32.1% |
| Formation expenses | 20 | €678 | €2,835 | +€2,157 | +318% |
| Fixed assets | 21/28 | €8,470 | €39,299 | +€30,829 | +364% |
| Tangible fixed assets | 22/27 | €8,470 | €39,299 | +€30,829 | +364% |
| Furniture and vehicles | 24 | €8,470 | €39,299 | +€30,829 | +364% |
| Current assets | 29/58 | €257,494 | €310,168 | +€52,674 | +20.5% |
| Amounts receivable within one year | 40/41 | €183,569 | €227,481 | +€43,912 | +23.9% |
| Trade receivables | 40 | €99,545 | €110,248 | +€10,703 | +10.8% |
| Other amounts receivable | 41 | €84,025 | €117,233 | +€33,208 | +39.5% |
| Cash at bank and in hand | 54/58 | €73,925 | €75,579 | +€1,654 | +2.2% |
| Deferred charges and accrued income | 490/1 | - | €7,108 | +€7,108 | |
| Total equity and liabilities | 10/49 | €266,641 | €352,302 | +€85,661 | +32.1% |
| Equity | 10/15 | €80,775 | €54,479 | -€26,296 | -32.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,775 | €35,479 | -€26,296 | -42.6% |
| Amounts payable | 17/49 | €185,866 | €297,823 | +€111,957 | +60.2% |
| Amounts payable within one year | 42/48 | €185,866 | €297,823 | +€111,957 | +60.2% |
| Trade debts | 44 | €45,518 | €137,738 | +€92,220 | +203% |
| Suppliers | 440/4 | €45,518 | €137,738 | +€92,220 | +203% |
| Advances received on contracts in progress | 46 | - | €85,287 | +€85,287 | |
| Taxes, remuneration and social security | 45 | €90,348 | €74,797 | -€15,551 | -17.2% |
| Taxes | 450/3 | €90,348 | €43,372 | -€46,976 | -52.0% |
| Remuneration and social security | 454/9 | - | €31,425 | +€31,425 | |
| Other amounts payable | 47/48 | €50,000 | - | -€50,000 | |
| Remuneration, social security and pensions | 62 | €225,935 | €396,703 | +€170,768 | +75.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,653 | €4,972 | -€680 | -12.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €29,053 | +€29,053 | |
| Other operating charges | 640/8 | €2,237 | €501 | -€1,736 | -77.6% |
| Non-recurring operating charges | 66A | - | €24,541 | +€24,541 | |
| Gross operating margin | 9900 | €374,312 | €511,231 | +€136,919 | +36.6% |
| Operating profit (loss) | 9901 | €140,488 | €55,461 | -€85,027 | -60.5% |
| Financial income | 75/76B | €748 | €2,623 | +€1,875 | +251% |
| Recurring financial income | 75 | €748 | €2,623 | +€1,875 | +251% |
| Financial charges | 65/66B | €1,153 | €2,648 | +€1,496 | +130% |
| Recurring financial charges | 65 | €1,153 | €2,648 | +€1,496 | +130% |
| Profit (loss) for the period before taxes | 9903 | €140,083 | €55,436 | -€84,647 | -60.4% |
| Income taxes | 67/77 | €30,359 | €11,143 | -€19,216 | -63.3% |
| Profit (loss) for the period | 9904 | €109,723 | €44,292 | -€65,431 | -59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €109,723 | €44,292 | -€65,431 | -59.6% |
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 24 October 2026 via checked.be.