ABELOG: 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.
ABELOG
Largest movements
- Cash +€79,609
up €79,609 (+27.8%), from €285,919 to €365,528
mainly Depreciation (+€85,712) and Net result for the year (+€76,589)
- Tangible fixed assets -€72,501
down €72,501 (-12.6%), from €576,110 to €503,609
- Receivables within one year -€27,704
down €27,704 (-17.7%), from €156,323 to €128,619
of which Trade receivables: -€25,357
- Profit (loss) carried forward +€76,589
up €76,589 (+18.7%), from €408,543 to €485,132
- Trade debts -€59,189
down €59,189 (-26.5%), from €223,362 to €164,173
- Debts after one year -€57,754
down €57,754 (-17.6%), from €328,627 to €270,873
- Taxes -€21,105
down €21,105 (-60.3%), from €35,000 to €13,895
- Financial income -€8,818
down €8,818 (-90.6%), from €9,732 to €914
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 | €1,195,928 | €1,163,110 | -€32,818 | -2.7% |
| Fixed assets | 21/28 | €627,941 | €549,500 | -€78,441 | -12.5% |
| Intangible fixed assets | 21 | €51,286 | €45,346 | -€5,940 | -11.6% |
| Tangible fixed assets | 22/27 | €576,110 | €503,609 | -€72,501 | -12.6% |
| Land and buildings | 22 | €441,998 | €407,331 | -€34,667 | -7.8% |
| Plant, machinery and equipment | 23 | €1,300 | €1,300 | = | 0.0% |
| Furniture and vehicles | 24 | €850 | €2,977 | +€2,127 | +250.2% |
| Leasing and similar rights | 25 | €98,893 | €62,960 | -€35,933 | -36.3% |
| Other tangible fixed assets | 26 | €33,069 | €29,041 | -€4,028 | -12.2% |
| Financial fixed assets | 28 | €545 | €545 | = | 0.0% |
| Current assets | 29/58 | €567,987 | €613,610 | +€45,623 | +8.0% |
| Stocks and contracts in progress | 3 | €125,745 | €119,463 | -€6,282 | -5.0% |
| Stocks | 30/36 | €125,745 | €119,463 | -€6,282 | -5.0% |
| Amounts receivable within one year | 40/41 | €156,323 | €128,619 | -€27,704 | -17.7% |
| Trade receivables | 40 | €153,106 | €127,749 | -€25,357 | -16.6% |
| Other amounts receivable | 41 | €3,217 | €870 | -€2,347 | -73.0% |
| Cash at bank and in hand | 54/58 | €285,919 | €365,528 | +€79,609 | +27.8% |
| Total equity and liabilities | 10/49 | €1,195,928 | €1,163,110 | -€32,818 | -2.7% |
| Equity | 10/15 | €473,881 | €550,470 | +€76,589 | +16.2% |
| Contributions | 10/11 | €62,237 | €62,237 | = | 0.0% |
| Capital | 10 | €62,237 | €62,237 | = | 0.0% |
| Issued capital | 100 | €62,237 | €62,237 | = | 0.0% |
| Reserves | 13 | €3,101 | €3,101 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,101 | €3,101 | = | 0.0% |
| Legal reserve | 130 | €3,101 | €3,101 | = | 0.0% |
| Profit (loss) carried forward | 14 | €408,543 | €485,132 | +€76,589 | +18.7% |
| Amounts payable | 17/49 | €722,047 | €612,640 | -€109,407 | -15.2% |
| Amounts payable after more than one year | 17 | €328,627 | €270,873 | -€57,754 | -17.6% |
| Financial debts | 170/4 | €328,627 | €270,873 | -€57,754 | -17.6% |
| Amounts payable within one year | 42/48 | €393,419 | €341,767 | -€51,652 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €56,447 | €57,754 | +€1,307 | +2.3% |
| Trade debts | 44 | €223,362 | €164,173 | -€59,189 | -26.5% |
| Suppliers | 440/4 | €223,362 | €164,173 | -€59,189 | -26.5% |
| Taxes, remuneration and social security | 45 | €61,100 | €66,942 | +€5,842 | +9.6% |
| Taxes | 450/3 | €1,599 | €3,412 | +€1,813 | +113.4% |
| Remuneration and social security | 454/9 | €59,501 | €63,530 | +€4,029 | +6.8% |
| Other amounts payable | 47/48 | €52,510 | €52,898 | +€388 | +0.7% |
| Accrued charges and deferred income | 492/3 | €1 | - | -€1 | |
| Remuneration, social security and pensions | 62 | €151,787 | €153,577 | +€1,790 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,806 | €85,712 | -€1,094 | -1.3% |
| Other operating charges | 640/8 | €8,721 | €9,967 | +€1,246 | +14.3% |
| Gross operating margin | 9900 | €350,624 | €347,219 | -€3,405 | -1.0% |
| Operating profit (loss) | 9901 | €103,310 | €97,963 | -€5,347 | -5.2% |
| Financial income | 75/76B | €9,732 | €914 | -€8,818 | -90.6% |
| Recurring financial income | 75 | €9,732 | €914 | -€8,818 | -90.6% |
| Financial charges | 65/66B | €9,654 | €8,393 | -€1,261 | -13.1% |
| Recurring financial charges | 65 | €9,654 | €8,393 | -€1,261 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €103,388 | €90,484 | -€12,904 | -12.5% |
| Income taxes | 67/77 | €35,000 | €13,895 | -€21,105 | -60.3% |
| Profit (loss) for the period | 9904 | €68,388 | €76,589 | +€8,201 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €68,388 | €76,589 | +€8,201 | +12.0% |
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 11 October 2026 via checked.be.