ABDELHADI: 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.
ABDELHADI
Largest movements
- Tangible fixed assets -€34,753
down €34,753 (-5.5%), from €633,271 to €598,518
- Receivables within one year +€25,079
new in 2025: €25,079
- Debts after one year -€66,272
down €66,272 (-21.7%), from €305,196 to €238,925
- Reserves +€26,268
up €26,268 (+69.9%), from €37,562 to €63,830
- Other debts +€13,668
up €13,668 (+6.6%), from €205,741 to €219,410
- Tax, wage and social debts +€9,322
up €9,322 (+62.9%), from €14,809 to €24,131
- Accrued charges and deferred income +€8,045
new in 2025: €8,045
- Financial charges -€3,625
down €3,625 (-26.0%), from €13,954 to €10,329
- Taxes +€2,159
up €2,159 (+19.7%), from €10,986 to €13,145
- Gross operating margin +€1,991
up €1,991 (+2.2%), from €90,369 to €92,360
- Depreciation -€1,597
down €1,597 (-4.4%), from €36,350 to €34,753
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 | €635,037 | €625,578 | -€9,459 | -1.5% |
| Fixed assets | 21/28 | €633,271 | €598,518 | -€34,753 | -5.5% |
| Tangible fixed assets | 22/27 | €633,271 | €598,518 | -€34,753 | -5.5% |
| Land and buildings | 22 | €633,271 | €598,518 | -€34,753 | -5.5% |
| Current assets | 29/58 | €1,766 | €27,059 | +€25,294 | +1,433% |
| Amounts receivable within one year | 40/41 | - | €25,079 | +€25,079 | |
| Other amounts receivable | 41 | - | €25,079 | +€25,079 | |
| Cash at bank and in hand | 54/58 | €1,766 | €1,980 | +€214 | +12.1% |
| Total equity and liabilities | 10/49 | €635,037 | €625,578 | -€9,459 | -1.5% |
| Equity | 10/15 | €43,762 | €70,030 | +€26,268 | +60.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €37,562 | €63,830 | +€26,268 | +69.9% |
| Distributable reserves | 133 | €37,562 | €63,830 | +€26,268 | +69.9% |
| Amounts payable | 17/49 | €591,275 | €555,548 | -€35,727 | -6.0% |
| Amounts payable after more than one year | 17 | €305,196 | €238,925 | -€66,272 | -21.7% |
| Financial debts | 170/4 | €305,196 | €238,925 | -€66,272 | -21.7% |
| Amounts payable within one year | 42/48 | €286,078 | €308,578 | +€22,500 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €65,528 | €64,861 | -€667 | -1.0% |
| Trade debts | 44 | - | €176 | +€176 | |
| Suppliers | 440/4 | - | €176 | +€176 | |
| Taxes, remuneration and social security | 45 | €14,809 | €24,131 | +€9,322 | +62.9% |
| Taxes | 450/3 | €14,809 | €24,131 | +€9,322 | +62.9% |
| Other amounts payable | 47/48 | €205,741 | €219,410 | +€13,668 | +6.6% |
| Accrued charges and deferred income | 492/3 | - | €8,045 | +€8,045 | |
| Non-recurring operating income | 76A | €133 | - | -€133 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,350 | €34,753 | -€1,597 | -4.4% |
| Other operating charges | 640/8 | €7,624 | €7,866 | +€241 | +3.2% |
| Gross operating margin | 9900 | €90,369 | €92,360 | +€1,991 | +2.2% |
| Operating profit (loss) | 9901 | €46,395 | €49,742 | +€3,347 | +7.2% |
| Financial charges | 65/66B | €13,954 | €10,329 | -€3,625 | -26.0% |
| Recurring financial charges | 65 | €13,954 | €10,329 | -€3,625 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €32,442 | €39,413 | +€6,971 | +21.5% |
| Income taxes | 67/77 | €10,986 | €13,145 | +€2,159 | +19.7% |
| Profit (loss) for the period | 9904 | €21,456 | €26,268 | +€4,812 | +22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,456 | €26,268 | +€4,812 | +22.4% |
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.