ABDESHOF: what changed
ABDESHOF
Largest movements
- Tangible fixed assets +€51,067
up €51,067 (+30.2%), from €168,881 to €219,948
of which Plant, machinery and equipment: +€66,541
- Cash -€34,557
down €34,557 (-55.5%), from €62,299 to €27,742
- Receivables within one year +€27,348
up €27,348 (+114%), from €24,042 to €51,390
of which Other amounts receivable: +€27,348
- Stocks and contracts -€4,730
down €4,730 (-19.8%), from €23,850 to €19,120
- Debts after one year +€36,750
new in 2025: €36,750
- Other debts -€17,553
down €17,553 (-52.0%), from €33,747 to €16,194
- Current portion of long-term debt +€9,800
new in 2025: €9,800
- Trade debts +€8,846
up €8,846 (+56.7%), from €15,600 to €24,446
- Financial income +€157,385
up €157,385 (+837%), from €18,812 to €176,196
of which Financial income: +€152,433
- Gross operating margin -€151,187
down €151,187, from €40,881 to -€110,306
- Depreciation +€8,542
up €8,542 (+22.7%), from €37,698 to €46,240
- Other operating charges +€2,713
up €2,713 (+22.4%), from €12,099 to €14,812
- Taxes -€1,890
down €1,890 (-88.0%), from €2,149 to €259
Change in the result, 2023 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €280,731 | €320,259 | +€39,529 | +14.1% |
| Fixed assets | 21/28 | €168,881 | €219,948 | +€51,067 | +30.2% |
| Tangible fixed assets | 22/27 | €168,881 | €219,948 | +€51,067 | +30.2% |
| Land and buildings | 22 | €75,387 | €65,991 | -€9,395 | -12.5% |
| Plant, machinery and equipment | 23 | €65,027 | €131,567 | +€66,541 | +102% |
| Furniture and vehicles | 24 | €28,468 | €22,390 | -€6,078 | -21.4% |
| Current assets | 29/58 | €111,850 | €100,311 | -€11,539 | -10.3% |
| Stocks and contracts in progress | 3 | €23,850 | €19,120 | -€4,730 | -19.8% |
| Stocks | 30/36 | €23,850 | €19,120 | -€4,730 | -19.8% |
| Amounts receivable within one year | 40/41 | €24,042 | €51,390 | +€27,348 | +114% |
| Trade receivables | 40 | €353 | €353 | = | 0.0% |
| Other amounts receivable | 41 | €23,689 | €51,037 | +€27,348 | +115% |
| Current investments | 50/53 | €1,659 | €2,059 | +€400 | +24.1% |
| Cash at bank and in hand | 54/58 | €62,299 | €27,742 | -€34,557 | -55.5% |
| Total equity and liabilities | 10/49 | €280,731 | €320,259 | +€39,529 | +14.1% |
| Equity | 10/15 | €230,046 | €232,529 | +€2,482 | +1.1% |
| Contributions | 10/11 | €93,262 | €93,262 | = | 0.0% |
| Reserves | 13 | €19,937 | €19,937 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,326 | €9,326 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,326 | €9,326 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,611 | €10,611 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,848 | €119,330 | +€2,482 | +2.1% |
| Amounts payable | 17/49 | €50,685 | €87,731 | +€37,046 | +73.1% |
| Amounts payable after more than one year | 17 | - | €36,750 | +€36,750 | |
| Financial debts | 170/4 | - | €36,750 | +€36,750 | |
| Amounts payable within one year | 42/48 | €50,685 | €50,981 | +€296 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,800 | +€9,800 | |
| Trade debts | 44 | €15,600 | €24,446 | +€8,846 | +56.7% |
| Suppliers | 440/4 | €15,600 | €24,446 | +€8,846 | +56.7% |
| Taxes, remuneration and social security | 45 | €1,337 | €541 | -€797 | -59.6% |
| Taxes | 450/3 | €1,337 | €541 | -€797 | -59.6% |
| Other amounts payable | 47/48 | €33,747 | €16,194 | -€17,553 | -52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,698 | €46,240 | +€8,542 | +22.7% |
| Other operating charges | 640/8 | €12,099 | €14,812 | +€2,713 | +22.4% |
| Non-recurring operating charges | 66A | - | €1,291 | +€1,291 | |
| Gross operating margin | 9900 | €40,881 | -€110,306 | -€151,187 | |
| Operating profit (loss) | 9901 | -€8,916 | -€172,648 | -€163,732 | -1,836% |
| Financial income | 75/76B | €18,812 | €176,196 | +€157,385 | +837% |
| Recurring financial income | 75 | €18,812 | €171,245 | +€152,433 | +810% |
| Non-recurring financial income | 76B | - | €4,952 | +€4,952 | |
| Financial charges | 65/66B | €157 | €807 | +€650 | +415% |
| Recurring financial charges | 65 | €157 | €807 | +€650 | +415% |
| Profit (loss) for the period before taxes | 9903 | €9,739 | €2,741 | -€6,998 | -71.9% |
| Income taxes | 67/77 | €2,149 | €259 | -€1,890 | -88.0% |
| Profit (loss) for the period | 9904 | €7,590 | €2,482 | -€5,108 | -67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,590 | €2,482 | -€5,108 | -67.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.