ABDA: 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.
ABDA
Largest movements
- Tangible fixed assets +€13,062
new in 2025: €13,062
- Cash -€9,434
down €9,434 (-5.4%), from €173,752 to €164,318
mainly Investment in fixed assets (net) (-€16,752) and Receivables within one year (-€9,159)
- Receivables within one year +€9,159
up €9,159 (+1.9%), from €492,452 to €501,611
of which Trade receivables: +€8,024
- Trade debts +€11,849
up €11,849 (+4.7%), from €251,983 to €263,832
- Turnover -€1.3m
no longer reported in 2025 (was €1.3m)
- Purchases and services -€1.2m
no longer reported in 2025 (was €1.2m)
- Taxes +€62,045
up €62,045 (+941.3%), from €6,591 to €68,636
- Gross operating margin +€13,885
up €13,885 (+17.6%), from €78,682 to €92,567
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 | €669,022 | €681,808 | +€12,787 | +1.9% |
| Fixed assets | 21/28 | €2,817 | €15,879 | +€13,062 | +463.6% |
| Tangible fixed assets | 22/27 | - | €13,062 | +€13,062 | |
| Furniture and vehicles | 24 | - | €13,062 | +€13,062 | |
| Financial fixed assets | 28 | €2,817 | €2,817 | = | 0.0% |
| Current assets | 29/58 | €666,204 | €665,929 | -€275 | 0.0% |
| Amounts receivable within one year | 40/41 | €492,452 | €501,611 | +€9,159 | +1.9% |
| Trade receivables | 40 | €489,075 | €497,099 | +€8,024 | +1.6% |
| Other amounts receivable | 41 | €3,377 | €4,512 | +€1,135 | +33.6% |
| Cash at bank and in hand | 54/58 | €173,752 | €164,318 | -€9,434 | -5.4% |
| Total equity and liabilities | 10/49 | €669,022 | €681,808 | +€12,787 | +1.9% |
| Equity | 10/15 | €406,235 | €406,537 | +€302 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €367,617 | €367,617 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €365,757 | €365,757 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,018 | €20,320 | +€302 | +1.5% |
| Amounts payable | 17/49 | €262,787 | €275,271 | +€12,484 | +4.8% |
| Amounts payable within one year | 42/48 | €262,787 | €275,271 | +€12,484 | +4.8% |
| Trade debts | 44 | €251,983 | €263,832 | +€11,849 | +4.7% |
| Suppliers | 440/4 | €251,983 | €263,832 | +€11,849 | +4.7% |
| Taxes, remuneration and social security | 45 | €10,804 | €11,439 | +€635 | +5.9% |
| Taxes | 450/3 | €10,804 | €11,439 | +€635 | +5.9% |
| Turnover | 70 | €1,282,486 | - | -€1.3m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,203,805 | - | -€1.2m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,690 | +€3,690 | |
| Other operating charges | 640/8 | €5,927 | €9,540 | +€3,613 | +61.0% |
| Gross operating margin | 9900 | €78,682 | €92,567 | +€13,885 | +17.6% |
| Operating profit (loss) | 9901 | €72,755 | €79,336 | +€6,582 | +9.0% |
| Financial income | 75/76B | €277 | €20 | -€257 | -92.9% |
| Recurring financial income | 75 | €277 | €20 | -€257 | -92.9% |
| Financial charges | 65/66B | €503 | €10,417 | +€9,915 | +1972.2% |
| Recurring financial charges | 65 | €503 | €10,417 | +€9,915 | +1972.2% |
| Profit (loss) for the period before taxes | 9903 | €72,529 | €68,939 | -€3,590 | -5.0% |
| Income taxes | 67/77 | €6,591 | €68,636 | +€62,045 | +941.3% |
| Profit (loss) for the period | 9904 | €65,938 | €302 | -€65,635 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €65,938 | €302 | -€65,635 | -99.5% |
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 6 October 2026 via checked.be.