ABGREN: 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.
ABGREN
Largest movements
- Cash +€33,418
new in 2025: €33,418
mainly Other debts (+€47,000) and Depreciation (+€32,885)
- Tangible fixed assets -€30,319
down €30,319 (-31.6%), from €95,818 to €65,499
of which Furniture and vehicles: -€23,476
- Receivables within one year -€13,996
down €13,996 (-10.5%), from €133,890 to €119,894
of which Trade receivables: -€16,562
- Stocks and contracts +€12,541
up €12,541 (+66.8%), from €18,782 to €31,323
- Deferred charges and accrued income -€6,403
down €6,403 (-28.6%), from €22,394 to €15,991
- Other debts +€47,000
new in 2025: €47,000
- Profit (loss) carried forward -€27,112
down €27,112 (-25.2%), from €107,773 to €80,661
- Debts after one year -€22,379
down €22,379 (-33.4%), from €66,974 to €44,595
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Short-term financial debts -€10,088
down €10,088 (-34.3%), from €29,379 to €19,291
of which Other loans: -€10,000
- Turnover -€1.4m
no longer reported in 2025 (was €1.4m)
- Purchases and services -€1.3m
no longer reported in 2025 (was €1.3m)
- Gross operating margin -€14,333
down €14,333 (-11.0%), from €130,608 to €116,275
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 | €270,961 | €266,202 | -€4,759 | -1.8% |
| Fixed assets | 21/28 | €95,895 | €65,576 | -€30,319 | -31.6% |
| Tangible fixed assets | 22/27 | €95,818 | €65,499 | -€30,319 | -31.6% |
| Plant, machinery and equipment | 23 | €16,113 | €9,271 | -€6,842 | -42.5% |
| Furniture and vehicles | 24 | €79,705 | €56,229 | -€23,476 | -29.5% |
| Financial fixed assets | 28 | €77 | €77 | -€0 | -0.5% |
| Current assets | 29/58 | €175,066 | €200,627 | +€25,561 | +14.6% |
| Stocks and contracts in progress | 3 | €18,782 | €31,323 | +€12,541 | +66.8% |
| Stocks | 30/36 | €18,782 | €31,323 | +€12,541 | +66.8% |
| Amounts receivable within one year | 40/41 | €133,890 | €119,894 | -€13,996 | -10.5% |
| Trade receivables | 40 | €110,863 | €94,301 | -€16,562 | -14.9% |
| Other amounts receivable | 41 | €23,027 | €25,593 | +€2,566 | +11.1% |
| Cash at bank and in hand | 54/58 | - | €33,418 | +€33,418 | |
| Deferred charges and accrued income | 490/1 | €22,394 | €15,991 | -€6,403 | -28.6% |
| Total equity and liabilities | 10/49 | €270,961 | €266,202 | -€4,759 | -1.8% |
| Equity | 10/15 | €115,833 | €101,121 | -€14,712 | -12.7% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,773 | €80,661 | -€27,112 | -25.2% |
| Amounts payable | 17/49 | €155,128 | €165,081 | +€9,953 | +6.4% |
| Amounts payable after more than one year | 17 | €66,974 | €44,595 | -€22,379 | -33.4% |
| Financial debts | 170/4 | €66,974 | €44,595 | -€22,379 | -33.4% |
| Amounts payable within one year | 42/48 | €88,154 | €120,455 | +€32,301 | +36.6% |
| Current portion of amounts payable after more than one year | 42 | €25,932 | €22,379 | -€3,553 | -13.7% |
| Financial debts | 43 | €29,379 | €19,291 | -€10,088 | -34.3% |
| Credit institutions | 430/8 | €9,379 | €9,291 | -€88 | -0.9% |
| Other loans | 439 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Trade debts | 44 | €30,835 | €29,777 | -€1,058 | -3.4% |
| Suppliers | 440/4 | €30,835 | €29,777 | -€1,058 | -3.4% |
| Taxes, remuneration and social security | 45 | €2,008 | €2,008 | +€0 | 0.0% |
| Taxes | 450/3 | €8 | €8 | +€0 | +5.0% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | - | €47,000 | +€47,000 | |
| Accrued charges and deferred income | 492/3 | - | €32 | +€32 | |
| Turnover | 70 | €1,419,262 | - | -€1.4m | |
| Non-recurring operating income | 76A | €8,676 | - | -€8,676 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,297,330 | - | -€1.3m | |
| Remuneration, social security and pensions | 62 | €51,572 | €51,340 | -€232 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,121 | €32,885 | -€4,236 | -11.4% |
| Other operating charges | 640/8 | €7,889 | €652 | -€7,237 | -91.7% |
| Gross operating margin | 9900 | €130,608 | €116,275 | -€14,333 | -11.0% |
| Operating profit (loss) | 9901 | €34,026 | €31,398 | -€2,628 | -7.7% |
| Financial income | 75/76B | €1,061 | - | -€1,061 | |
| Recurring financial income | 75 | €1,061 | - | -€1,061 | |
| Financial charges | 65/66B | €5,118 | €6,471 | +€1,353 | +26.4% |
| Recurring financial charges | 65 | €5,118 | €6,471 | +€1,353 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | €29,969 | €24,927 | -€5,042 | -16.8% |
| Income taxes | 67/77 | €6,246 | €5,040 | -€1,206 | -19.3% |
| Profit (loss) for the period | 9904 | €23,723 | €19,887 | -€3,836 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,723 | €19,887 | -€3,836 | -16.2% |
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 26 October 2026 via checked.be.