ABECO: 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.
ABECO
Largest movements
- Financial fixed assets -€221,302
no longer reported in 2025 (was €221,302)
- Intangible fixed assets +€114,182
new in 2025: €114,182
- Receivables after one year +€100,188
up €100,188 (+106.7%), from €93,893 to €194,081
- Receivables within one year +€48,103
up €48,103 (+330.9%), from €14,535 to €62,639
of which Other amounts receivable: +€35,040
- Tangible fixed assets +€35,208
new in 2025: €35,208
of which Furniture and vehicles: +€19,837
- Other debts -€111,242
down €111,242 (-92.1%), from €120,756 to €9,514
- Debts after one year +€110,288
up €110,288 (+361.0%), from €30,547 to €140,836
- Reserves +€48,319
up €48,319 (+35.5%), from €136,138 to €184,457
of which Distributable reserves: +€48,319
- Short-term financial debts +€25,000
new in 2025: €25,000
- Tax, wage and social debts +€13,282
up €13,282 (+128.4%), from €10,348 to €23,631
of which Taxes: +€15,282
- Gross operating margin +€71,773
up €71,773 (+388.8%), from €18,458 to €90,230
- Depreciation +€21,484
new in 2025: €21,484
- Financial charges +€9,439
up €9,439 (+380.4%), from €2,482 to €11,920
- Taxes +€6,934
up €6,934 (+129.6%), from €5,348 to €12,282
- Financial income +€3,871
up €3,871 (+147.7%), from €2,620 to €6,491
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 | €344,915 | €426,276 | +€81,362 | +23.6% |
| Fixed assets | 21/28 | €221,302 | €149,391 | -€71,911 | -32.5% |
| Intangible fixed assets | 21 | - | €114,182 | +€114,182 | |
| Tangible fixed assets | 22/27 | - | €35,208 | +€35,208 | |
| Land and buildings | 22 | - | €13,802 | +€13,802 | |
| Plant, machinery and equipment | 23 | - | €1,569 | +€1,569 | |
| Furniture and vehicles | 24 | - | €19,837 | +€19,837 | |
| Financial fixed assets | 28 | €221,302 | - | -€221,302 | |
| Current assets | 29/58 | €123,613 | €276,886 | +€153,272 | +124.0% |
| Amounts receivable after more than one year | 29 | €93,893 | €194,081 | +€100,188 | +106.7% |
| Trade receivables | 290 | €93,893 | €194,081 | +€100,188 | +106.7% |
| Amounts receivable within one year | 40/41 | €14,535 | €62,639 | +€48,103 | +330.9% |
| Trade receivables | 40 | €11,915 | €24,978 | +€13,063 | +109.6% |
| Other amounts receivable | 41 | €2,620 | €37,660 | +€35,040 | +1337.4% |
| Current investments | 50/53 | €15,000 | €15,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €185 | €1,164 | +€980 | +529.8% |
| Deferred charges and accrued income | 490/1 | - | €4,002 | +€4,002 | |
| Total equity and liabilities | 10/49 | €344,915 | €426,276 | +€81,362 | +23.6% |
| Equity | 10/15 | €142,338 | €190,657 | +€48,319 | +33.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €136,138 | €184,457 | +€48,319 | +35.5% |
| 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 | €134,278 | €182,597 | +€48,319 | +36.0% |
| Amounts payable | 17/49 | €202,577 | €235,620 | +€33,042 | +16.3% |
| Amounts payable after more than one year | 17 | €30,547 | €140,836 | +€110,288 | +361.0% |
| Financial debts | 170/4 | €30,547 | €140,836 | +€110,288 | +361.0% |
| Amounts payable within one year | 42/48 | €171,902 | €93,015 | -€78,887 | -45.9% |
| Current portion of amounts payable after more than one year | 42 | €32,973 | €26,180 | -€6,793 | -20.6% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €7,825 | €8,690 | +€865 | +11.1% |
| Suppliers | 440/4 | €7,825 | €8,690 | +€865 | +11.1% |
| Taxes, remuneration and social security | 45 | €10,348 | €23,631 | +€13,282 | +128.4% |
| Taxes | 450/3 | €8,348 | €23,631 | +€15,282 | +183.1% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €120,756 | €9,514 | -€111,242 | -92.1% |
| Accrued charges and deferred income | 492/3 | €128 | €1,769 | +€1,641 | +1285.6% |
| Non-recurring operating income | 76A | - | €49,019 | +€49,019 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €21,484 | +€21,484 | |
| Other operating charges | 640/8 | €446 | €2,715 | +€2,269 | +508.2% |
| Gross operating margin | 9900 | €18,458 | €90,230 | +€71,773 | +388.8% |
| Operating profit (loss) | 9901 | €18,011 | €66,031 | +€48,020 | +266.6% |
| Financial income | 75/76B | €2,620 | €6,491 | +€3,871 | +147.7% |
| Recurring financial income | 75 | €2,620 | €6,491 | +€3,871 | +147.7% |
| Financial charges | 65/66B | €2,482 | €11,920 | +€9,439 | +380.4% |
| Recurring financial charges | 65 | €2,482 | €11,920 | +€9,439 | +380.4% |
| Profit (loss) for the period before taxes | 9903 | €18,150 | €60,601 | +€42,452 | +233.9% |
| Income taxes | 67/77 | €5,348 | €12,282 | +€6,934 | +129.6% |
| Profit (loss) for the period | 9904 | €12,801 | €48,319 | +€35,518 | +277.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,801 | €48,319 | +€35,518 | +277.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.