ABES MARINE: what changed
ABES MARINE
Largest movements
- Receivables within one year +€111,945
up €111,945 (+41.0%), from €273,213 to €385,158
of which Trade receivables: +€76,545
- Deferred charges and accrued income -€4,933
down €4,933 (-75.3%), from €6,551 to €1,617
- Reserves +€57,981
up €57,981 (+60.1%), from €96,434 to €154,414
of which Distributable reserves: +€57,981
- Tax, wage and social debts +€38,569
up €38,569 (+57.9%), from €66,639 to €105,208
of which Remuneration and social security: +€20,617
- Accrued charges and deferred income +€13,951
up €13,951 (+975%), from €1,430 to €15,381
- Staff costs +€98,751
up €98,751 (+53.0%), from €186,229 to €284,980
- Gross operating margin +€73,118
up €73,118 (+24.1%), from €303,137 to €376,256
- Depreciation -€30,035
no longer reported in 2025 (was €30,035)
- Other operating charges +€11,063
up €11,063 (+266%), from €4,156 to €15,219
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €279,764 | €386,775 | +€107,012 | +38.3% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Current assets | 29/58 | €279,764 | €386,775 | +€107,012 | +38.3% |
| Amounts receivable within one year | 40/41 | €273,213 | €385,158 | +€111,945 | +41.0% |
| Trade receivables | 40 | €75,359 | €151,904 | +€76,545 | +102% |
| Other amounts receivable | 41 | €197,854 | €233,253 | +€35,400 | +17.9% |
| Deferred charges and accrued income | 490/1 | €6,551 | €1,617 | -€4,933 | -75.3% |
| Total equity and liabilities | 10/49 | €279,764 | €386,775 | +€107,012 | +38.3% |
| Equity | 10/15 | €158,434 | €216,414 | +€57,981 | +36.6% |
| 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 | €96,434 | €154,414 | +€57,981 | +60.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €90,234 | €148,214 | +€57,981 | +64.3% |
| Amounts payable | 17/49 | €121,330 | €170,361 | +€49,031 | +40.4% |
| Amounts payable within one year | 42/48 | €119,900 | €154,980 | +€35,080 | +29.3% |
| Trade debts | 44 | €53,261 | €49,772 | -€3,489 | -6.6% |
| Suppliers | 440/4 | €53,261 | €49,772 | -€3,489 | -6.6% |
| Taxes, remuneration and social security | 45 | €66,639 | €105,208 | +€38,569 | +57.9% |
| Taxes | 450/3 | €39,486 | €57,438 | +€17,952 | +45.5% |
| Remuneration and social security | 454/9 | €27,153 | €47,769 | +€20,617 | +75.9% |
| Accrued charges and deferred income | 492/3 | €1,430 | €15,381 | +€13,951 | +975% |
| Remuneration, social security and pensions | 62 | €186,229 | €284,980 | +€98,751 | +53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,035 | - | -€30,035 | |
| Other operating charges | 640/8 | €4,156 | €15,219 | +€11,063 | +266% |
| Gross operating margin | 9900 | €303,137 | €376,256 | +€73,118 | +24.1% |
| Operating profit (loss) | 9901 | €82,717 | €76,057 | -€6,661 | -8.1% |
| Financial income | 75/76B | €5,137 | €4,642 | -€495 | -9.6% |
| Recurring financial income | 75 | €5,137 | €4,642 | -€495 | -9.6% |
| Financial charges | 65/66B | €51 | €53 | +€1 | +2.9% |
| Recurring financial charges | 65 | €51 | €53 | +€1 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €87,803 | €80,646 | -€7,157 | -8.2% |
| Income taxes | 67/77 | €24,660 | €22,665 | -€1,995 | -8.1% |
| Profit (loss) for the period | 9904 | €63,143 | €57,981 | -€5,162 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €63,143 | €57,981 | -€5,162 | -8.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.