ABERGAVENNY: 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.
What changed
ABERGAVENNY
NACE 46.110, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€124,059
2024 · €129,165-€5,107
Equity
€2.1m
2024 · €1.9m+€124,059
Cash
€3.5m
2024 · €4.3m-€798,974
Balance sheet total
€9.9m
2024 · €11.3m-€1.4m
Largest movements
Assets
- Receivables within one year -€1.1m
down €1.1m (-26.6%), from €4.2m to €3.1m
of which Trade receivables: -€1.1m
- Cash -€798,974
down €798,974 (-18.8%), from €4.3m to €3.5m
mainly Trade debts (-€1.2m) and Current portion of long-term debt (-€812,759)
- Financial fixed assets +€400,000
up €400,000 (+15.5%), from €2.6m to €3.0m
of which Affiliated companies: +€400,000
Equity and liabilities
- Trade debts -€1.2m
down €1.2m (-15.0%), from €7.9m to €6.7m
- Current portion of long-term debt -€812,759
down €812,759 (-100%), from €812,759 to €0
- Other debts +€400,000
new in 2025: €400,000
- Profit (loss) carried forward +€124,059
up €124,059 (+44.4%), from €279,208 to €403,267
Income statement
- Turnover +€1.2m
up €1.2m (+8.2%), from €14.3m to €15.5m
- Goods and materials +€1.2m
up €1.2m (+8.3%), from €14.0m to €15.2m
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.
Result 2024
€129,165
Turnover
+€1.2m
Other operating income
-€21,029
Goods and materials
-€1.2m
Services and other goods
+€21,465
Staff costs
-€6,808
Other operating charges
-€6,509
Financial income
+€15,814
Financial charges
-€22,793
Taxes
+€2,597
Result 2025
€124,059
raises the resultlowers the result
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.
From operations
+€413,784
Investment
-€400,000
Financing
-€812,759
Cash 2024
€4.3m
From operations (derived)
+€413,784
Net result for the year
+€124,059
Receivables within one year
+€1.1m
Deferred charges and accrued income
-€60,713
Trade debts
-€1.2m
Tax, wage and social debts
-€7,094
Other debts
+€400,000
Accrued charges and deferred income
+€23,782
Investment (derived)
-€400,000
Investment in fixed assets (net)
-€400,000
Financing
-€812,759
Current portion of long-term debt
-€812,759
Cash 2025
€3.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,336,650 | €9,887,159 | -€1.4m | -12.8% |
| Fixed assets | 21/28 | €2,734,051 | €3,134,051 | +€400,000 | +14.6% |
| Tangible fixed assets | 22/27 | €159,650 | €159,650 | = | 0.0% |
| Land and buildings | 22 | €159,650 | €159,650 | = | 0.0% |
| Financial fixed assets | 28 | €2,574,401 | €2,974,401 | +€400,000 | +15.5% |
| Affiliated companies | 280/1 | €2,572,271 | €2,972,271 | +€400,000 | +15.6% |
| Participating interests | 280 | €2,200,000 | €2,600,000 | +€400,000 | +18.2% |
| Amounts receivable | 281 | €372,271 | €372,271 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,130 | €2,130 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,130 | €2,130 | = | 0.0% |
| Current assets | 29/58 | €8,602,599 | €6,753,109 | -€1.8m | -21.5% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €4,176,789 | €3,065,560 | -€1.1m | -26.6% |
| Trade receivables | 40 | €4,065,964 | €2,948,657 | -€1.1m | -27.5% |
| Other amounts receivable | 41 | €110,826 | €116,903 | +€6,077 | +5.5% |
| Cash at bank and in hand | 54/58 | €4,254,685 | €3,455,711 | -€798,974 | -18.8% |
| Deferred charges and accrued income | 490/1 | €171,125 | €231,838 | +€60,713 | +35.5% |
| Total equity and liabilities | 10/49 | €11,336,650 | €9,887,159 | -€1.4m | -12.8% |
| Equity | 10/15 | €1,947,408 | €2,071,467 | +€124,059 | +6.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,606,200 | €1,606,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,600,000 | €1,600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €279,208 | €403,267 | +€124,059 | +44.4% |
| Amounts payable | 17/49 | €9,389,242 | €7,815,693 | -€1.6m | -16.8% |
| Amounts payable after more than one year | 17 | €700,000 | €700,000 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Credit institutions | 173 | €0 | - | = | |
| Other amounts payable | 178/9 | €700,000 | €700,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,683,580 | €7,086,249 | -€1.6m | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €812,759 | €0 | -€812,759 | -100% |
| Trade debts | 44 | €7,854,493 | €6,677,015 | -€1.2m | -15.0% |
| Suppliers | 440/4 | €7,854,493 | €6,677,015 | -€1.2m | -15.0% |
| Taxes, remuneration and social security | 45 | €16,328 | €9,234 | -€7,094 | -43.4% |
| Taxes | 450/3 | €9,321 | €372 | -€8,950 | -96.0% |
| Remuneration and social security | 454/9 | €7,007 | €8,863 | +€1,856 | +26.5% |
| Other amounts payable | 47/48 | - | €400,000 | +€400,000 | |
| Accrued charges and deferred income | 492/3 | €5,662 | €29,443 | +€23,782 | +420% |
| Operating income | 70/76A | €14,342,574 | €15,498,116 | +€1.2m | +8.1% |
| Turnover | 70 | €14,297,055 | €15,473,625 | +€1.2m | +8.2% |
| Other operating income | 74 | €45,520 | €24,491 | -€21,029 | -46.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €14,163,123 | €15,319,390 | +€1.2m | +8.2% |
| Goods for resale, raw materials and consumables | 60 | €14,001,717 | €15,166,132 | +€1.2m | +8.3% |
| Purchases | 600/8 | €14,001,717 | €15,166,132 | +€1.2m | +8.3% |
| Services and other goods | 61 | €120,464 | €98,999 | -€21,465 | -17.8% |
| Remuneration, social security and pensions | 62 | €40,824 | €47,632 | +€6,808 | +16.7% |
| Other operating charges | 640/8 | €118 | €6,627 | +€6,509 | +5,516% |
| Operating profit (loss) | 9901 | €179,451 | €178,726 | -€725 | -0.4% |
| Financial income | 75/76B | €44,899 | €60,713 | +€15,814 | +35.2% |
| Recurring financial income | 75 | €44,899 | €60,713 | +€15,814 | +35.2% |
| Income from current assets | 751 | €44,875 | €60,713 | +€15,838 | +35.3% |
| Other financial income | 752/9 | €24 | €0 | -€24 | -100% |
| Financial charges | 65/66B | €51,235 | €74,027 | +€22,793 | +44.5% |
| Recurring financial charges | 65 | €51,235 | €74,027 | +€22,793 | +44.5% |
| Debt charges | 650 | €12,838 | €27,737 | +€14,899 | +116% |
| Other financial charges | 652/9 | €38,397 | €46,290 | +€7,893 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | €173,116 | €165,411 | -€7,704 | -4.5% |
| Income taxes | 67/77 | €43,950 | €41,353 | -€2,597 | -5.9% |
| Taxes | 670/3 | €43,950 | €41,353 | -€2,597 | -5.9% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €129,165 | €124,059 | -€5,107 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €129,165 | €124,059 | -€5,107 | -4.0% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.