ABICON: 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.
ABICON
Largest movements
- Receivables within one year +€426,396
up €426,396 (+83.5%), from €510,580 to €936,977
of which Trade receivables: +€424,831
- Cash +€184,801
up €184,801 (+30.0%), from €616,759 to €801,559
mainly Net result for the year (+€650,543) and Trade debts (+€598,267)
- Current investments +€134,486
up €134,486 (+27.2%), from €493,543 to €628,029
- Tangible fixed assets +€122,102
up €122,102 (+26.0%), from €470,430 to €592,531
of which Furniture and vehicles: +€168,547
- Deferred charges and accrued income +€55,000
up €55,000 (+513%), from €10,716 to €65,716
- Trade debts +€598,267
up €598,267 (+181%), from €330,843 to €929,109
- Reserves +€300,543
up €300,543 (+40.1%), from €749,302 to €1.0m
of which Distributable reserves: +€300,543
- Tax, wage and social debts +€156,762
up €156,762 (+70.8%), from €221,475 to €378,237
of which Taxes: +€102,218
- Debts after one year -€80,000
down €80,000 (-35.3%), from €226,667 to €146,667
- Other debts -€50,000
down €50,000 (-12.5%), from €400,000 to €350,000
- Gross operating margin +€776,793
up €776,793 (+62.2%), from €1.2m to €2.0m
- Staff costs +€145,709
up €145,709 (+14.7%), from €990,278 to €1.1m
- Taxes +€64,925
up €64,925 (+123%), from €52,615 to €117,540
- Depreciation +€47,840
up €47,840 (+50.7%), from €94,376 to €142,216
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 | €2,108,286 | €3,033,858 | +€925,572 | +43.9% |
| Fixed assets | 21/28 | €476,688 | €601,578 | +€124,890 | +26.2% |
| Intangible fixed assets | 21 | €6,258 | €9,046 | +€2,788 | +44.6% |
| Tangible fixed assets | 22/27 | €470,430 | €592,531 | +€122,102 | +26.0% |
| Plant, machinery and equipment | 23 | €26,384 | €24,163 | -€2,221 | -8.4% |
| Furniture and vehicles | 24 | €92,418 | €260,964 | +€168,547 | +182% |
| Other tangible fixed assets | 26 | €351,628 | €307,404 | -€44,224 | -12.6% |
| Current assets | 29/58 | €1,631,598 | €2,432,280 | +€800,682 | +49.1% |
| Amounts receivable within one year | 40/41 | €510,580 | €936,977 | +€426,396 | +83.5% |
| Trade receivables | 40 | €377,697 | €802,529 | +€424,831 | +112% |
| Other amounts receivable | 41 | €132,883 | €134,448 | +€1,565 | +1.2% |
| Current investments | 50/53 | €493,543 | €628,029 | +€134,486 | +27.2% |
| Cash at bank and in hand | 54/58 | €616,759 | €801,559 | +€184,801 | +30.0% |
| Deferred charges and accrued income | 490/1 | €10,716 | €65,716 | +€55,000 | +513% |
| Total equity and liabilities | 10/49 | €2,108,286 | €3,033,858 | +€925,572 | +43.9% |
| Equity | 10/15 | €849,302 | €1,149,845 | +€300,543 | +35.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €749,302 | €1,049,845 | +€300,543 | +40.1% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €720,552 | €1,021,095 | +€300,543 | +41.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,258,984 | €1,884,013 | +€625,029 | +49.6% |
| Amounts payable after more than one year | 17 | €226,667 | €146,667 | -€80,000 | -35.3% |
| Financial debts | 170/4 | €226,667 | €146,667 | -€80,000 | -35.3% |
| Amounts payable within one year | 42/48 | €1,032,317 | €1,737,346 | +€705,029 | +68.3% |
| Current portion of amounts payable after more than one year | 42 | €80,000 | €80,000 | = | 0.0% |
| Trade debts | 44 | €330,843 | €929,109 | +€598,267 | +181% |
| Suppliers | 440/4 | €330,843 | €929,109 | +€598,267 | +181% |
| Taxes, remuneration and social security | 45 | €221,475 | €378,237 | +€156,762 | +70.8% |
| Taxes | 450/3 | €114,419 | €216,637 | +€102,218 | +89.3% |
| Remuneration and social security | 454/9 | €107,056 | €161,599 | +€54,543 | +50.9% |
| Other amounts payable | 47/48 | €400,000 | €350,000 | -€50,000 | -12.5% |
| Non-recurring operating income | 76A | €0 | €5,744 | +€5,744 | |
| Remuneration, social security and pensions | 62 | €990,278 | €1,135,987 | +€145,709 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,376 | €142,216 | +€47,840 | +50.7% |
| Other operating charges | 640/8 | €2,390 | €1,997 | -€393 | -16.4% |
| Non-recurring operating charges | 66A | - | €415 | +€415 | |
| Gross operating margin | 9900 | €1,248,465 | €2,025,258 | +€776,793 | +62.2% |
| Operating profit (loss) | 9901 | €161,420 | €744,642 | +€583,221 | +361% |
| Financial income | 75/76B | €44,633 | €45,824 | +€1,191 | +2.7% |
| Recurring financial income | 75 | €44,633 | €45,824 | +€1,191 | +2.7% |
| Financial charges | 65/66B | €25,874 | €22,383 | -€3,491 | -13.5% |
| Recurring financial charges | 65 | €25,874 | €22,383 | -€3,491 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €180,179 | €768,083 | +€587,904 | +326% |
| Income taxes | 67/77 | €52,615 | €117,540 | +€64,925 | +123% |
| Profit (loss) for the period | 9904 | €127,565 | €650,543 | +€522,978 | +410% |
| Profit (loss) for the period to be appropriated | 9905 | €127,565 | €650,543 | +€522,978 | +410% |
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 14 October 2026 via checked.be.