Abeele Invest: 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.
Abeele Invest
Largest movements
- Cash -€410,941
down €410,941 (-89.0%), from €461,740 to €50,799
mainly Contributions, distributions and other (-€188,000) and Investment in fixed assets (net) (-€185,628)
- Current investments +€103,542
up €103,542 (+41.7%), from €248,109 to €351,651
- Financial fixed assets +€55,238
up €55,238 (+19.9%), from €278,095 to €333,333
- Tangible fixed assets +€39,262
up €39,262 (+1.7%), from €2.4m to €2.4m
of which Furniture and vehicles: +€106,976
- Reserves -€184,920
down €184,920 (-6.7%), from €2.8m to €2.6m
of which Distributable reserves: -€184,920
- Debts after one year -€173,425
down €173,425 (-39.4%), from €439,712 to €266,287
- Other debts +€156,399
up €156,399 (+34.3%), from €456,434 to €612,833
- Provisions +€55,800
new in 2025: €55,800
- Current portion of long-term debt -€41,192
down €41,192 (-66.7%), from €61,740 to €20,548
- Gross operating margin -€88,647
down €88,647 (-37.0%), from €239,627 to €150,980
- Provisions +€55,800
new in 2025: €55,800
- Taxes -€29,776
down €29,776 (-70.8%), from €42,060 to €12,285
- Financial income +€10,092
up €10,092 (+47.0%), from €21,478 to €31,570
- Financial charges -€4,961
down €4,961 (-27.0%), from €18,386 to €13,425
of which Financial charges: -€2,800
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 | €3,904,713 | €3,680,346 | -€224,367 | -5.7% |
| Fixed assets | 21/28 | €2,635,875 | €2,730,376 | +€94,501 | +3.6% |
| Tangible fixed assets | 22/27 | €2,357,780 | €2,397,042 | +€39,262 | +1.7% |
| Land and buildings | 22 | €2,312,617 | €2,244,903 | -€67,714 | -2.9% |
| Furniture and vehicles | 24 | €45,163 | €152,139 | +€106,976 | +237% |
| Financial fixed assets | 28 | €278,095 | €333,333 | +€55,238 | +19.9% |
| Current assets | 29/58 | €1,268,838 | €949,970 | -€318,868 | -25.1% |
| Amounts receivable after more than one year | 29 | €420,000 | €420,000 | = | 0.0% |
| Other amounts receivable | 291 | €420,000 | €420,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €108,109 | €83,928 | -€24,181 | -22.4% |
| Trade receivables | 40 | - | €65,000 | +€65,000 | |
| Other amounts receivable | 41 | €108,109 | €18,928 | -€89,181 | -82.5% |
| Current investments | 50/53 | €248,109 | €351,651 | +€103,542 | +41.7% |
| Cash at bank and in hand | 54/58 | €461,740 | €50,799 | -€410,941 | -89.0% |
| Deferred charges and accrued income | 490/1 | €30,880 | €43,592 | +€12,712 | +41.2% |
| Total equity and liabilities | 10/49 | €3,904,713 | €3,680,346 | -€224,367 | -5.7% |
| Equity | 10/15 | €2,903,527 | €2,718,607 | -€184,920 | -6.4% |
| Contributions | 10/11 | €20,600 | €20,600 | = | 0.0% |
| Reserves | 13 | €2,773,960 | €2,589,040 | -€184,920 | -6.7% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €2,773,760 | €2,588,840 | -€184,920 | -6.7% |
| Profit (loss) carried forward | 14 | €108,967 | €108,967 | +€0 | 0.0% |
| Provisions and deferred taxes | 16 | - | €55,800 | +€55,800 | |
| Provisions for liabilities and charges | 160/5 | - | €55,800 | +€55,800 | |
| Other liabilities and charges | 164/5 | - | €55,800 | +€55,800 | |
| Amounts payable | 17/49 | €1,001,186 | €905,939 | -€95,248 | -9.5% |
| Amounts payable after more than one year | 17 | €439,712 | €266,287 | -€173,425 | -39.4% |
| Financial debts | 170/4 | €439,712 | €266,287 | -€173,425 | -39.4% |
| Amounts payable within one year | 42/48 | €561,474 | €639,652 | +€78,177 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €61,740 | €20,548 | -€41,192 | -66.7% |
| Trade debts | 44 | €3,052 | €3,566 | +€514 | +16.8% |
| Suppliers | 440/4 | €3,052 | €3,566 | +€514 | +16.8% |
| Taxes, remuneration and social security | 45 | €40,248 | €2,705 | -€37,544 | -93.3% |
| Taxes | 450/3 | €40,248 | €2,705 | -€37,544 | -93.3% |
| Other amounts payable | 47/48 | €456,434 | €612,833 | +€156,399 | +34.3% |
| Non-recurring operating income | 76A | €30,465 | €0 | -€30,465 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,568 | €91,127 | -€4,440 | -4.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €55,800 | +€55,800 | |
| Other operating charges | 640/8 | €4,719 | €6,833 | +€2,114 | +44.8% |
| Gross operating margin | 9900 | €239,627 | €150,980 | -€88,647 | -37.0% |
| Operating profit (loss) | 9901 | €139,340 | -€2,781 | -€142,120 | |
| Financial income | 75/76B | €21,478 | €31,570 | +€10,092 | +47.0% |
| Recurring financial income | 75 | €21,478 | €31,570 | +€10,092 | +47.0% |
| Financial charges | 65/66B | €18,386 | €13,425 | -€4,961 | -27.0% |
| Recurring financial charges | 65 | €16,221 | €13,421 | -€2,800 | -17.3% |
| Non-recurring financial charges | 66B | €2,165 | €4 | -€2,161 | -99.8% |
| Profit (loss) for the period before taxes | 9903 | €142,432 | €15,365 | -€127,067 | -89.2% |
| Income taxes | 67/77 | €42,060 | €12,285 | -€29,776 | -70.8% |
| Profit (loss) for the period | 9904 | €100,372 | €3,080 | -€97,291 | -96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €100,372 | €3,080 | -€97,291 | -96.9% |
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 24 October 2026 via checked.be.