ABELTA: 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.
ABELTA
Largest movements
- Tangible fixed assets +€68,384
up €68,384 (+73.5%), from €93,085 to €161,469
of which Furniture and vehicles: +€53,302
- Cash -€25,733
down €25,733 (-79.8%), from €32,254 to €6,521
mainly Investment in fixed assets (net) (-€106,336) and Other debts (-€4,958)
- Deferred charges and accrued income +€4,014
up €4,014 (+306.0%), from €1,312 to €5,325
- Receivables within one year +€3,936
up €3,936 (+40.4%), from €9,749 to €13,686
of which Other amounts receivable: +€4,299
- Debts after one year +€60,376
up €60,376 (+500.9%), from €12,054 to €72,429
- Trade debts +€5,915
up €5,915 (+127.9%), from €4,625 to €10,540
- Other debts -€4,958
down €4,958 (-16.4%), from €30,157 to €25,199
- Tax, wage and social debts -€4,532
down €4,532 (-32.2%), from €14,072 to €9,540
of which Taxes: -€4,284
- Current portion of long-term debt -€3,558
down €3,558 (-10.8%), from €32,944 to €29,386
- Gross operating margin -€28,424
down €28,424 (-26.2%), from €108,415 to €79,992
- Taxes -€9,205
down €9,205 (-100.0%), from €9,206 to €1
- Depreciation +€6,962
up €6,962 (+22.5%), from €30,990 to €37,952
- Other operating charges +€2,147
up €2,147 (+252.4%), from €851 to €2,998
- Financial charges +€1,819
up €1,819 (+73.6%), from €2,471 to €4,290
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 | €136,640 | €187,226 | +€50,587 | +37.0% |
| Fixed assets | 21/28 | €93,311 | €161,694 | +€68,384 | +73.3% |
| Tangible fixed assets | 22/27 | €93,085 | €161,469 | +€68,384 | +73.5% |
| Plant, machinery and equipment | 23 | €41,773 | €43,039 | +€1,266 | +3.0% |
| Furniture and vehicles | 24 | €11,883 | €65,185 | +€53,302 | +448.6% |
| Leasing and similar rights | 25 | €19,032 | €13,003 | -€6,029 | -31.7% |
| Other tangible fixed assets | 26 | €20,397 | €40,242 | +€19,845 | +97.3% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €43,329 | €25,532 | -€17,797 | -41.1% |
| Amounts receivable within one year | 40/41 | €9,749 | €13,686 | +€3,936 | +40.4% |
| Trade receivables | 40 | €7,591 | €7,229 | -€362 | -4.8% |
| Other amounts receivable | 41 | €2,158 | €6,457 | +€4,299 | +199.2% |
| Current investments | 50/53 | €14 | €0 | -€14 | -100.0% |
| Cash at bank and in hand | 54/58 | €32,254 | €6,521 | -€25,733 | -79.8% |
| Deferred charges and accrued income | 490/1 | €1,312 | €5,325 | +€4,014 | +306.0% |
| Total equity and liabilities | 10/49 | €136,640 | €187,226 | +€50,587 | +37.0% |
| Equity | 10/15 | €42,787 | €40,132 | -€2,656 | -6.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,787 | €15,132 | -€2,656 | -14.9% |
| Amounts payable | 17/49 | €93,852 | €147,095 | +€53,243 | +56.7% |
| Amounts payable after more than one year | 17 | €12,054 | €72,429 | +€60,376 | +500.9% |
| Financial debts | 170/4 | €12,054 | €72,429 | +€60,376 | +500.9% |
| Amounts payable within one year | 42/48 | €81,798 | €74,666 | -€7,133 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €32,944 | €29,386 | -€3,558 | -10.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €4,625 | €10,540 | +€5,915 | +127.9% |
| Suppliers | 440/4 | €4,625 | €10,540 | +€5,915 | +127.9% |
| Taxes, remuneration and social security | 45 | €14,072 | €9,540 | -€4,532 | -32.2% |
| Taxes | 450/3 | €9,706 | €5,423 | -€4,284 | -44.1% |
| Remuneration and social security | 454/9 | €4,365 | €4,117 | -€248 | -5.7% |
| Other amounts payable | 47/48 | €30,157 | €25,199 | -€4,958 | -16.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €1,933 | +€1,933 | |
| Remuneration, social security and pensions | 62 | €35,660 | €37,407 | +€1,747 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,990 | €37,952 | +€6,962 | +22.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €773 | €0 | -€773 | -100.0% |
| Other operating charges | 640/8 | €851 | €2,998 | +€2,147 | +252.4% |
| Non-recurring operating charges | 66A | €382 | €0 | -€382 | -100.0% |
| Gross operating margin | 9900 | €108,415 | €79,992 | -€28,424 | -26.2% |
| Operating profit (loss) | 9901 | €39,760 | €1,635 | -€38,125 | -95.9% |
| Financial income | 75/76B | €22 | €0 | -€22 | -100.0% |
| Recurring financial income | 75 | €22 | €0 | -€22 | -100.0% |
| Financial charges | 65/66B | €2,471 | €4,290 | +€1,819 | +73.6% |
| Recurring financial charges | 65 | €2,471 | €4,290 | +€1,819 | +73.6% |
| Profit (loss) for the period before taxes | 9903 | €37,311 | -€2,655 | -€39,966 | |
| Income taxes | 67/77 | €9,206 | €1 | -€9,205 | -100.0% |
| Profit (loss) for the period | 9904 | €28,105 | -€2,656 | -€30,761 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,105 | -€2,656 | -€30,761 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.