ABEICHE: 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.
ABEICHE
Largest movements
- Receivables within one year +€993,511
up €993,511 (+203.4%), from €488,360 to €1.5m
of which Other amounts receivable: +€1.4m
- Tangible fixed assets +€681,998
up €681,998 (+70.7%), from €964,350 to €1.6m
of which Land and buildings: +€683,006
- Stocks and contracts -€615,000
down €615,000 (-53.9%), from €1.1m to €525,000
- Cash +€88,774
up €88,774 (+428.2%), from €20,731 to €109,505
mainly Other debts (+€790,632) and Contributions, distributions and other (+€713,000)
- Other debts +€790,632
up €790,632 (+368.6%), from €214,474 to €1.0m
- Contributions +€713,000
up €713,000 (+191.7%), from €371,840 to €1.1m
- Trade debts -€682,956
down €682,956 (-56.1%), from €1.2m to €535,318
- Reserves +€264,977
up €264,977 (+1140.6%), from €23,231 to €288,208
of which Distributable reserves: +€264,977
- Short-term financial debts +€100,000
new in 2025: €100,000
- Turnover -€1.4m
no longer reported in 2025 (was €1.4m)
- Purchases and services -€1.4m
no longer reported in 2025 (was €1.4m)
- Gross operating margin +€281,434
up €281,434 (+326.5%), from €86,209 to €367,642
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 | €2,619,202 | €3,774,729 | +€1.2m | +44.1% |
| Fixed assets | 21/28 | €969,416 | €1,651,414 | +€681,998 | +70.4% |
| Tangible fixed assets | 22/27 | €964,350 | €1,646,348 | +€681,998 | +70.7% |
| Land and buildings | 22 | €937,498 | €1,620,504 | +€683,006 | +72.9% |
| Plant, machinery and equipment | 23 | €25,455 | €17,010 | -€8,445 | -33.2% |
| Furniture and vehicles | 24 | €1,397 | €6,587 | +€5,190 | +371.7% |
| Other tangible fixed assets | 26 | - | €2,247 | +€2,247 | |
| Financial fixed assets | 28 | €5,067 | €5,067 | = | 0.0% |
| Current assets | 29/58 | €1,649,786 | €2,123,315 | +€473,529 | +28.7% |
| Stocks and contracts in progress | 3 | €1,140,000 | €525,000 | -€615,000 | -53.9% |
| Stocks | 30/36 | €1,140,000 | €525,000 | -€615,000 | -53.9% |
| Amounts receivable within one year | 40/41 | €488,360 | €1,481,871 | +€993,511 | +203.4% |
| Trade receivables | 40 | €487,960 | €93,960 | -€394,000 | -80.7% |
| Other amounts receivable | 41 | €400 | €1,387,911 | +€1.4m | +346877.7% |
| Cash at bank and in hand | 54/58 | €20,731 | €109,505 | +€88,774 | +428.2% |
| Deferred charges and accrued income | 490/1 | €694 | €6,939 | +€6,244 | +899.2% |
| Total equity and liabilities | 10/49 | €2,619,202 | €3,774,729 | +€1.2m | +44.1% |
| Equity | 10/15 | €360,877 | €1,373,048 | +€1.0m | +280.5% |
| Contributions | 10/11 | €371,840 | €1,084,840 | +€713,000 | +191.7% |
| Capital | 10 | €371,840 | €1,084,840 | +€713,000 | +191.7% |
| Issued capital | 100 | €371,840 | €1,084,840 | +€713,000 | +191.7% |
| Reserves | 13 | €23,231 | €288,208 | +€264,977 | +1140.6% |
| Non-distributable reserves | 130/1 | €18,881 | €18,881 | = | 0.0% |
| Legal reserve | 130 | €18,881 | €18,881 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,350 | €4,350 | = | 0.0% |
| Distributable reserves | 133 | - | €264,977 | +€264,977 | |
| Profit (loss) carried forward | 14 | -€34,194 | - | +€34,194 | |
| Amounts payable | 17/49 | €2,258,325 | €2,401,681 | +€143,355 | +6.3% |
| Amounts payable after more than one year | 17 | €761,256 | €698,602 | -€62,654 | -8.2% |
| Financial debts | 170/4 | €761,256 | €698,602 | -€62,654 | -8.2% |
| Amounts payable within one year | 42/48 | €1,497,059 | €1,703,079 | +€206,020 | +13.8% |
| Current portion of amounts payable after more than one year | 42 | €61,444 | €62,654 | +€1,210 | +2.0% |
| Financial debts | 43 | - | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €1,218,275 | €535,318 | -€682,956 | -56.1% |
| Suppliers | 440/4 | €1,218,275 | €535,318 | -€682,956 | -56.1% |
| Taxes, remuneration and social security | 45 | €2,866 | - | -€2,866 | |
| Taxes | 450/3 | €2,866 | - | -€2,866 | |
| Other amounts payable | 47/48 | €214,474 | €1,005,106 | +€790,632 | +368.6% |
| Accrued charges and deferred income | 492/3 | €10 | - | -€10 | |
| Turnover | 70 | €1,424,358 | - | -€1.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,383,083 | - | -€1.4m | |
| Remuneration, social security and pensions | 62 | - | €6,098 | +€6,098 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,769 | €38,997 | -€5,773 | -12.9% |
| Other operating charges | 640/8 | €5,052 | €5,066 | +€14 | +0.3% |
| Gross operating margin | 9900 | €86,209 | €367,642 | +€281,434 | +326.5% |
| Operating profit (loss) | 9901 | €36,387 | €317,482 | +€281,095 | +772.5% |
| Financial income | 75/76B | €192 | €80 | -€112 | -58.4% |
| Recurring financial income | 75 | €192 | €80 | -€112 | -58.4% |
| Financial charges | 65/66B | €23,075 | €18,367 | -€4,708 | -20.4% |
| Recurring financial charges | 65 | €23,075 | €18,367 | -€4,708 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €13,504 | €299,195 | +€285,692 | +2115.7% |
| Income taxes | 67/77 | €57 | €24 | -€34 | -58.8% |
| Profit (loss) for the period | 9904 | €13,446 | €299,171 | +€285,725 | +2125.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,446 | €299,171 | +€285,725 | +2125.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.