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Abelle: 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.

What changed

Abelle

BE 0479.714.983
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€57,248
2024 · €32,204+€25,044
Equity
€117,898
2024 · €60,650+€57,248
Cash
€48,354
2024 · €57,845-€9,491
Balance sheet total
€491,423
2024 · €79,757+€411,666

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€420,698

    up €420,698 (+11156.6%), from €3,771 to €424,468

    of which Land and buildings: +€415,066

  • Cash -€9,491

    down €9,491 (-16.4%), from €57,845 to €48,354

    mainly Investment in fixed assets (net) (-€442,499) and Other debts (-€5,657)

Equity and liabilities
  • Debts after one year +€339,363

    new in 2025: €339,363

    of which Financial debts: +€289,363

  • Profit (loss) carried forward +€33,032

    no longer reported in 2025 (was -€33,032)

  • Reserves +€24,216

    up €24,216 (+18363.6%), from €132 to €24,348

    of which Distributable reserves: +€24,216

  • Accrued charges and deferred income +€12,100

    new in 2025: €12,100

  • Trade debts +€6,594

    up €6,594 (+410.0%), from €1,608 to €8,203

Income statement
  • Gross operating margin +€68,778

    up €68,778 (+170.0%), from €40,454 to €109,232

  • Depreciation +€21,075

    up €21,075 (+2901.2%), from €726 to €21,801

  • Taxes +€19,893

    up €19,893 (+321.7%), from €6,184 to €26,077

  • Financial charges +€2,261

    up €2,261 (+976.7%), from €231 to €2,492

  • Other operating charges +€1,115

    up €1,115 (+82.5%), from €1,351 to €2,466

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €32,204
Gross operating margin +€68,778
Depreciation -€21,075
Other operating charges -€1,115
Financial income +€609
Financial charges -€2,261
Taxes -€19,893
Result 2025 €57,248

Cash bridge derived

cash 2024 to 2025

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.

From operations +€93,638
Investment -€442,493
Financing +€339,363
Cash 2024 €57,845
Net result for the year +€57,248
Depreciation +€21,801
Receivables within one year -€466
Trade debts +€6,594
Tax, wage and social debts +€2,017
Other debts -€5,657
Accrued charges and deferred income +€12,100
Investment in fixed assets (net) -€442,499
Current investments +€6
Debts after one year +€339,363
Cash 2025 €48,354
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €79,757 €491,423 +€411,666 +516.1%
Fixed assets 21/28 €3,771 €424,468 +€420,698 +11156.6%
Tangible fixed assets 22/27 €3,771 €424,468 +€420,698 +11156.6%
Land and buildings 22 - €415,066 +€415,066
Furniture and vehicles 24 €3,771 €9,402 +€5,631 +149.3%
Current assets 29/58 €75,986 €66,955 -€9,032 -11.9%
Amounts receivable within one year 40/41 €18,135 €18,601 +€466 +2.6%
Trade receivables 40 €18,135 €18,601 +€466 +2.6%
Current investments 50/53 €6 - -€6
Cash at bank and in hand 54/58 €57,845 €48,354 -€9,491 -16.4%
Total equity and liabilities 10/49 €79,757 €491,423 +€411,666 +516.1%
Equity 10/15 €60,650 €117,898 +€57,248 +94.4%
Contributions 10/11 €93,550 €93,550 = 0.0%
Reserves 13 €132 €24,348 +€24,216 +18363.6%
Non-distributable reserves 130/1 €132 €132 = 0.0%
Reserves not available under the articles 1311 €132 €132 = 0.0%
Distributable reserves 133 - €24,216 +€24,216
Profit (loss) carried forward 14 -€33,032 - +€33,032
Amounts payable 17/49 €19,107 €373,525 +€354,418 +1854.9%
Amounts payable after more than one year 17 - €339,363 +€339,363
Financial debts 170/4 - €289,363 +€289,363
Other amounts payable 178/9 - €50,000 +€50,000
Amounts payable within one year 42/48 €19,107 €22,062 +€2,955 +15.5%
Trade debts 44 €1,608 €8,203 +€6,594 +410.0%
Suppliers 440/4 €1,608 €8,203 +€6,594 +410.0%
Taxes, remuneration and social security 45 €10,285 €12,302 +€2,017 +19.6%
Taxes 450/3 €10,285 €12,302 +€2,017 +19.6%
Other amounts payable 47/48 €7,214 €1,557 -€5,657 -78.4%
Accrued charges and deferred income 492/3 - €12,100 +€12,100
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €726 €21,801 +€21,075 +2901.2%
Other operating charges 640/8 €1,351 €2,466 +€1,115 +82.5%
Gross operating margin 9900 €40,454 €109,232 +€68,778 +170.0%
Operating profit (loss) 9901 €38,377 €84,966 +€46,588 +121.4%
Financial income 75/76B €242 €850 +€609 +251.8%
Recurring financial income 75 €242 €850 +€609 +251.8%
Financial charges 65/66B €231 €2,492 +€2,261 +976.7%
Recurring financial charges 65 €231 €2,492 +€2,261 +976.7%
Profit (loss) for the period before taxes 9903 €38,388 €83,324 +€44,937 +117.1%
Income taxes 67/77 €6,184 €26,077 +€19,893 +321.7%
Profit (loss) for the period 9904 €32,204 €57,248 +€25,044 +77.8%
Profit (loss) for the period to be appropriated 9905 €32,204 €57,248 +€25,044 +77.8%

Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.