ABGES: 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.
ABGES
Largest movements
- Tangible fixed assets -€28,362
down €28,362 (-6.9%), from €413,645 to €385,283
of which Furniture and vehicles: -€19,117
- Cash +€17,511
up €17,511 (+171%), from €10,237 to €27,748
mainly Depreciation (+€38,764) and Net result for the year (+€13,763)
- Receivables within one year -€7,116
down €7,116 (-84.9%), from €8,382 to €1,267
- Debts after one year -€31,176
down €31,176 (-18.1%), from €171,883 to €140,707
- Profit (loss) carried forward +€13,763
up €13,763 (+22.9%), from €60,199 to €73,962
- Current portion of long-term debt -€6,238
down €6,238 (-16.7%), from €37,414 to €31,176
- Tax, wage and social debts +€4,897
up €4,897 (+318%), from €1,541 to €6,439
of which Taxes: +€4,868
- Gross operating margin +€58,480
up €58,480 (+609%), from €9,601 to €68,081
- Financial charges +€3,180
up €3,180 (+51.9%), from €6,130 to €9,310
- Staff costs +€2,841
new in 2025: €2,841
- Other operating charges -€930
down €930 (-22.5%), from €4,125 to €3,195
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 | €432,609 | €414,642 | -€17,967 | -4.2% |
| Fixed assets | 21/28 | €413,990 | €385,628 | -€28,362 | -6.9% |
| Tangible fixed assets | 22/27 | €413,645 | €385,283 | -€28,362 | -6.9% |
| Land and buildings | 22 | €385,192 | €366,089 | -€19,103 | -5.0% |
| Plant, machinery and equipment | 23 | - | €9,858 | +€9,858 | |
| Furniture and vehicles | 24 | €28,453 | €9,336 | -€19,117 | -67.2% |
| Financial fixed assets | 28 | €345 | €345 | = | 0.0% |
| Current assets | 29/58 | €18,619 | €29,015 | +€10,395 | +55.8% |
| Amounts receivable within one year | 40/41 | €8,382 | €1,267 | -€7,116 | -84.9% |
| Trade receivables | 40 | €8,382 | €1,267 | -€7,116 | -84.9% |
| Cash at bank and in hand | 54/58 | €10,237 | €27,748 | +€17,511 | +171% |
| Total equity and liabilities | 10/49 | €432,609 | €414,642 | -€17,967 | -4.2% |
| Equity | 10/15 | €140,531 | €154,294 | +€13,763 | +9.8% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €332 | €332 | = | 0.0% |
| Non-distributable reserves | 130/1 | €332 | €332 | = | 0.0% |
| Reserves not available under the articles | 1311 | €332 | €332 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,199 | €73,962 | +€13,763 | +22.9% |
| Amounts payable | 17/49 | €292,078 | €260,348 | -€31,730 | -10.9% |
| Amounts payable after more than one year | 17 | €171,883 | €140,707 | -€31,176 | -18.1% |
| Financial debts | 170/4 | €171,883 | €140,707 | -€31,176 | -18.1% |
| Amounts payable within one year | 42/48 | €120,195 | €119,641 | -€554 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €37,414 | €31,176 | -€6,238 | -16.7% |
| Financial debts | 43 | €230 | - | -€230 | |
| Credit institutions | 430/8 | €230 | - | -€230 | |
| Trade debts | 44 | €10,423 | €9,931 | -€492 | -4.7% |
| Suppliers | 440/4 | €10,423 | €9,931 | -€492 | -4.7% |
| Taxes, remuneration and social security | 45 | €1,541 | €6,439 | +€4,897 | +318% |
| Taxes | 450/3 | €1,541 | €6,409 | +€4,868 | +316% |
| Remuneration and social security | 454/9 | - | €29 | +€29 | |
| Other amounts payable | 47/48 | €70,587 | €72,095 | +€1,509 | +2.1% |
| Remuneration, social security and pensions | 62 | - | €2,841 | +€2,841 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,220 | €38,764 | +€544 | +1.4% |
| Other operating charges | 640/8 | €4,125 | €3,195 | -€930 | -22.5% |
| Gross operating margin | 9900 | €9,601 | €68,081 | +€58,480 | +609% |
| Operating profit (loss) | 9901 | -€32,745 | €23,281 | +€56,026 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,130 | €9,310 | +€3,180 | +51.9% |
| Recurring financial charges | 65 | €6,130 | €9,310 | +€3,180 | +51.9% |
| Profit (loss) for the period before taxes | 9903 | -€38,875 | €13,971 | +€52,846 | |
| Income taxes | 67/77 | €110 | €208 | +€98 | +89.3% |
| Profit (loss) for the period | 9904 | -€38,985 | €13,763 | +€52,748 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,985 | €13,763 | +€52,748 |
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 19 October 2026 via checked.be.