ABE-HR: 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.
ABE-HR
Largest movements
- Cash +€25,600
up €25,600 (+203%), from €12,624 to €38,224
mainly Net result for the year (+€47,566) and Other debts (+€28,951)
- Tangible fixed assets +€19,895
up €19,895 (+7.2%), from €275,339 to €295,233
of which Land and buildings: +€19,019
- Receivables within one year +€7,720
up €7,720 (+17.9%), from €43,161 to €50,881
of which Other amounts receivable: +€4,949
- Current investments +€6,000
up €6,000 (+30.0%), from €20,000 to €26,000
- Other debts +€28,951
new in 2025: €28,951
- Profit (loss) carried forward +€12,566
up €12,566 (+8.4%), from €149,988 to €162,554
- Tax, wage and social debts +€8,949
up €8,949 (+147%), from €6,078 to €15,027
- Reserves +€8,200
up €8,200 (+4.8%), from €170,465 to €178,665
of which Distributable reserves: +€8,200
- Gross operating margin -€20,878
down €20,878 (-21.3%), from €97,898 to €77,019
- Taxes -€4,307
down €4,307 (-19.9%), from €21,694 to €17,386
- Depreciation +€2,659
up €2,659 (+27.5%), from €9,662 to €12,322
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 | €351,163 | €410,377 | +€59,214 | +16.9% |
| Fixed assets | 21/28 | €275,378 | €295,272 | +€19,895 | +7.2% |
| Tangible fixed assets | 22/27 | €275,339 | €295,233 | +€19,895 | +7.2% |
| Land and buildings | 22 | €258,246 | €277,266 | +€19,019 | +7.4% |
| Plant, machinery and equipment | 23 | €9,131 | €7,204 | -€1,927 | -21.1% |
| Furniture and vehicles | 24 | €7,961 | €6,325 | -€1,636 | -20.5% |
| Other tangible fixed assets | 26 | - | €4,438 | +€4,438 | |
| Financial fixed assets | 28 | €39 | €39 | = | 0.0% |
| Current assets | 29/58 | €75,785 | €115,105 | +€39,320 | +51.9% |
| Amounts receivable within one year | 40/41 | €43,161 | €50,881 | +€7,720 | +17.9% |
| Trade receivables | 40 | €32,372 | €35,142 | +€2,770 | +8.6% |
| Other amounts receivable | 41 | €10,789 | €15,739 | +€4,949 | +45.9% |
| Current investments | 50/53 | €20,000 | €26,000 | +€6,000 | +30.0% |
| Cash at bank and in hand | 54/58 | €12,624 | €38,224 | +€25,600 | +203% |
| Total equity and liabilities | 10/49 | €351,163 | €410,377 | +€59,214 | +16.9% |
| Equity | 10/15 | €326,653 | €347,419 | +€20,766 | +6.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €170,465 | €178,665 | +€8,200 | +4.8% |
| 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 | €168,605 | €176,805 | +€8,200 | +4.9% |
| Profit (loss) carried forward | 14 | €149,988 | €162,554 | +€12,566 | +8.4% |
| Amounts payable | 17/49 | €24,511 | €62,959 | +€38,448 | +157% |
| Amounts payable within one year | 42/48 | €24,511 | €62,959 | +€38,448 | +157% |
| Trade debts | 44 | €609 | €1,156 | +€547 | +90.0% |
| Suppliers | 440/4 | €609 | €1,156 | +€547 | +90.0% |
| Advances received on contracts in progress | 46 | €17,824 | €17,824 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,078 | €15,027 | +€8,949 | +147% |
| Taxes | 450/3 | €6,078 | €15,027 | +€8,949 | +147% |
| Other amounts payable | 47/48 | - | €28,951 | +€28,951 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,662 | €12,322 | +€2,659 | +27.5% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €97,898 | €77,019 | -€20,878 | -21.3% |
| Operating profit (loss) | 9901 | €87,848 | €64,698 | -€23,150 | -26.4% |
| Financial income | 75/76B | €505 | €361 | -€143 | -28.4% |
| Recurring financial income | 75 | €505 | €361 | -€143 | -28.4% |
| Financial charges | 65/66B | €407 | €107 | -€300 | -73.8% |
| Recurring financial charges | 65 | €407 | €107 | -€300 | -73.8% |
| Profit (loss) for the period before taxes | 9903 | €87,946 | €64,952 | -€22,994 | -26.1% |
| Income taxes | 67/77 | €21,694 | €17,386 | -€4,307 | -19.9% |
| Profit (loss) for the period | 9904 | €66,252 | €47,566 | -€18,686 | -28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €66,252 | €47,566 | -€18,686 | -28.2% |
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 16 October 2026 via checked.be.