ABE Invest: what changed
ABE Invest
Largest movements
- Tangible fixed assets -€3,100
down €3,100 (-24.2%), from €12,791 to €9,691
- Receivables within one year -€2,325
down €2,325 (-97.6%), from €2,383 to €58
of which Trade receivables: -€2,325
- Cash -€953
down €953 (-13.7%), from €6,944 to €5,990
mainly Other debts (-€25,000) and Deferred charges and accrued income (-€100)
- Other debts -€25,000
down €25,000 (-97.5%), from €25,630 to €630
- Debts after one year +€10,000
new in 2025: €10,000
- Profit (loss) carried forward +€5,056
up €5,056, from -€4,184 to €872
- Tax, wage and social debts +€2,311
up €2,311 (+1,897%), from €122 to €2,432
of which Taxes: +€1,861
- Trade debts +€1,289
new in 2025: €1,289
- Other operating charges -€16,017
down €16,017 (-66.3%), from €24,141 to €8,124
- Gross operating margin -€5,037
down €5,037 (-21.2%), from €23,793 to €18,756
- Taxes +€2,084
up €2,084 (+4,787%), from €44 to €2,127
- Depreciation -€601
down €601 (-16.2%), from €3,701 to €3,100
Change in the result, 2024 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
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,118 | €15,840 | -€6,278 | -28.4% |
| Fixed assets | 21/28 | €12,791 | €9,691 | -€3,100 | -24.2% |
| Tangible fixed assets | 22/27 | €12,791 | €9,691 | -€3,100 | -24.2% |
| Plant, machinery and equipment | 23 | €4,370 | €3,675 | -€695 | -15.9% |
| Furniture and vehicles | 24 | €4,308 | €3,257 | -€1,051 | -24.4% |
| Other tangible fixed assets | 26 | €4,113 | €2,759 | -€1,354 | -32.9% |
| Current assets | 29/58 | €9,327 | €6,149 | -€3,178 | -34.1% |
| Amounts receivable within one year | 40/41 | €2,383 | €58 | -€2,325 | -97.6% |
| Trade receivables | 40 | €2,325 | - | -€2,325 | |
| Other amounts receivable | 41 | €58 | €58 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,944 | €5,990 | -€953 | -13.7% |
| Deferred charges and accrued income | 490/1 | - | €100 | +€100 | |
| Total equity and liabilities | 10/49 | €22,118 | €15,840 | -€6,278 | -28.4% |
| Equity | 10/15 | -€3,634 | €1,422 | +€5,056 | |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | €50 | €50 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,184 | €872 | +€5,056 | |
| Amounts payable | 17/49 | €25,752 | €14,418 | -€11,334 | -44.0% |
| Amounts payable after more than one year | 17 | - | €10,000 | +€10,000 | |
| Other amounts payable | 178/9 | - | €10,000 | +€10,000 | |
| Amounts payable within one year | 42/48 | €25,752 | €4,418 | -€21,334 | -82.8% |
| Financial debts | 43 | - | €66 | +€66 | |
| Credit institutions | 430/8 | - | €66 | +€66 | |
| Trade debts | 44 | - | €1,289 | +€1,289 | |
| Suppliers | 440/4 | - | €1,289 | +€1,289 | |
| Taxes, remuneration and social security | 45 | €122 | €2,432 | +€2,311 | +1,897% |
| Taxes | 450/3 | €122 | €1,982 | +€1,861 | +1,528% |
| Remuneration and social security | 454/9 | - | €450 | +€450 | |
| Other amounts payable | 47/48 | €25,630 | €630 | -€25,000 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,701 | €3,100 | -€601 | -16.2% |
| Other operating charges | 640/8 | €24,141 | €8,124 | -€16,017 | -66.3% |
| Gross operating margin | 9900 | €23,793 | €18,756 | -€5,037 | -21.2% |
| Operating profit (loss) | 9901 | -€4,049 | €7,532 | +€11,581 | |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €488 | €349 | -€139 | -28.4% |
| Recurring financial charges | 65 | €488 | €349 | -€139 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,521 | €7,183 | +€11,703 | |
| Income taxes | 67/77 | €44 | €2,127 | +€2,084 | +4,787% |
| Profit (loss) for the period | 9904 | -€4,564 | €5,056 | +€9,620 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,564 | €5,056 | +€9,620 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.