ABETECH: 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.
ABETECH
Largest movements
- Financial fixed assets +€653,089
up €653,089 (+409%), from €159,603 to €812,692
- Receivables within one year +€419,109
up €419,109 (+47.1%), from €889,911 to €1.3m
of which Trade receivables: +€224,168
- Cash -€71,050
down €71,050 (-71.9%), from €98,824 to €27,774
mainly Investment in fixed assets (net) (-€664,214) and Receivables within one year (-€419,109)
- Tangible fixed assets -€56,052
down €56,052 (-17.7%), from €315,905 to €259,853
- Debts after one year +€449,097
up €449,097 (+397%), from €113,122 to €562,219
- Trade debts +€348,317
up €348,317 (+205%), from €170,200 to €518,517
- Other debts +€135,401
up €135,401 (+188%), from €72,200 to €207,601
- Other operating charges -€358,567
down €358,567 (-94.1%), from €380,894 to €22,327
- Gross operating margin -€312,913
down €312,913 (-60.5%), from €517,106 to €204,193
- Staff costs +€56,263
up €56,263 (+71.4%), from €78,751 to €135,014
- Purchases and services +€49,716
up €49,716 (+47.8%), from €103,930 to €153,646
- Turnover +€23,840
up €23,840 (+14.7%), from €162,313 to €186,153
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,466,456 | €2,411,552 | +€945,096 | +64.4% |
| Fixed assets | 21/28 | €475,508 | €1,072,545 | +€597,037 | +126% |
| Tangible fixed assets | 22/27 | €315,905 | €259,853 | -€56,052 | -17.7% |
| Land and buildings | 22 | €201,991 | €179,508 | -€22,483 | -11.1% |
| Plant, machinery and equipment | 23 | €13,178 | €9,450 | -€3,728 | -28.3% |
| Furniture and vehicles | 24 | €55,555 | €45,244 | -€10,311 | -18.6% |
| Leasing and similar rights | 25 | €45,181 | €25,651 | -€19,530 | -43.2% |
| Financial fixed assets | 28 | €159,603 | €812,692 | +€653,089 | +409% |
| Current assets | 29/58 | €990,948 | €1,339,007 | +€348,059 | +35.1% |
| Amounts receivable within one year | 40/41 | €889,911 | €1,309,020 | +€419,109 | +47.1% |
| Trade receivables | 40 | €889,911 | €1,114,079 | +€224,168 | +25.2% |
| Other amounts receivable | 41 | - | €194,941 | +€194,941 | |
| Cash at bank and in hand | 54/58 | €98,824 | €27,774 | -€71,050 | -71.9% |
| Deferred charges and accrued income | 490/1 | €2,213 | €2,213 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,466,456 | €2,411,552 | +€945,096 | +64.4% |
| Equity | 10/15 | €764,061 | €757,543 | -€6,518 | -0.9% |
| Contributions | 10/11 | €550,000 | €550,000 | = | 0.0% |
| Capital | 10 | €550,000 | €550,000 | = | 0.0% |
| Issued capital | 100 | €550,000 | €550,000 | = | 0.0% |
| Reserves | 13 | €22,532 | €22,532 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,532 | €22,532 | = | 0.0% |
| Legal reserve | 130 | €22,532 | €22,532 | = | 0.0% |
| Profit (loss) carried forward | 14 | €191,529 | €185,011 | -€6,518 | -3.4% |
| Provisions and deferred taxes | 16 | €64,376 | €64,376 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €64,376 | €64,376 | = | 0.0% |
| Pensions and similar obligations | 160 | €9,617 | €9,617 | = | 0.0% |
| Other liabilities and charges | 164/5 | €54,759 | €54,759 | = | 0.0% |
| Amounts payable | 17/49 | €638,019 | €1,589,633 | +€951,614 | +149% |
| Amounts payable after more than one year | 17 | €113,122 | €562,219 | +€449,097 | +397% |
| Financial debts | 170/4 | €113,122 | €562,219 | +€449,097 | +397% |
| Amounts payable within one year | 42/48 | €283,697 | €786,214 | +€502,517 | +177% |
| Trade debts | 44 | €170,200 | €518,517 | +€348,317 | +205% |
| Suppliers | 440/4 | €170,200 | €518,517 | +€348,317 | +205% |
| Taxes, remuneration and social security | 45 | €41,297 | €60,096 | +€18,799 | +45.5% |
| Taxes | 450/3 | €12,295 | €22,091 | +€9,796 | +79.7% |
| Remuneration and social security | 454/9 | €29,002 | €38,005 | +€9,003 | +31.0% |
| Other amounts payable | 47/48 | €72,200 | €207,601 | +€135,401 | +188% |
| Accrued charges and deferred income | 492/3 | €241,200 | €241,200 | = | 0.0% |
| Turnover | 70 | €162,313 | €186,153 | +€23,840 | +14.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €103,930 | €153,646 | +€49,716 | +47.8% |
| Remuneration, social security and pensions | 62 | €78,751 | €135,014 | +€56,263 | +71.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,402 | €67,177 | -€3,225 | -4.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€32,795 | -€34,471 | -€1,676 | -5.1% |
| Other operating charges | 640/8 | €380,894 | €22,327 | -€358,567 | -94.1% |
| Gross operating margin | 9900 | €517,106 | €204,193 | -€312,913 | -60.5% |
| Operating profit (loss) | 9901 | €19,854 | €14,146 | -€5,708 | -28.7% |
| Financial income | 75/76B | €10 | €25 | +€15 | +150% |
| Recurring financial income | 75 | €10 | €25 | +€15 | +150% |
| Financial charges | 65/66B | €4,533 | €11,190 | +€6,657 | +147% |
| Recurring financial charges | 65 | €4,533 | €11,190 | +€6,657 | +147% |
| Profit (loss) for the period before taxes | 9903 | €15,331 | €2,981 | -€12,350 | -80.6% |
| Income taxes | 67/77 | €8,834 | €9,499 | +€665 | +7.5% |
| Profit (loss) for the period | 9904 | €6,497 | -€6,518 | -€13,015 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,497 | -€6,518 | -€13,015 |
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 16 October 2026 via checked.be.