abidax: what changed
Two fiscal 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.
abidax
Largest movements
- Tangible fixed assets +€62,898
up €62,898 (+15.2%), from €414,575 to €477,473
of which Furniture and vehicles: +€77,371
- Receivables within one year -€37,354
down €37,354 (-27.5%), from €135,777 to €98,422
- Stocks and contracts +€10,112
up €10,112 (+31.3%), from €32,269 to €42,381
of which Stocks: +€9,175
- Cash +€8,662
up €8,662 (+15.6%), from €55,351 to €64,013
mainly Net result for the year (+€59,044) and Depreciation (+€39,546)
- Reserves +€59,292
up €59,292 (+16.7%), from €354,710 to €414,002
of which Distributable reserves: +€59,292
- Tax, wage and social debts -€23,762
down €23,762 (-47.7%), from €49,800 to €26,038
- Debts after one year +€22,000
up €22,000 (+27.1%), from €81,250 to €103,250
- Other debts -€16,880
down €16,880 (-18.6%), from €90,685 to €73,805
- Gross operating margin -€23,368
down €23,368 (-15.2%), from €153,343 to €129,976
- Depreciation +€12,734
up €12,734 (+47.5%), from €26,812 to €39,546
- Taxes -€11,260
down €11,260 (-32.9%), from €34,266 to €23,007
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.
Cash bridge derived
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 | €638,608 | €682,926 | +€44,318 | +6.9% |
| Fixed assets | 21/28 | €415,211 | €478,109 | +€62,898 | +15.1% |
| Tangible fixed assets | 22/27 | €414,575 | €477,473 | +€62,898 | +15.2% |
| Land and buildings | 22 | €388,760 | €378,021 | -€10,740 | -2.8% |
| Plant, machinery and equipment | 23 | €9,953 | €6,219 | -€3,734 | -37.5% |
| Furniture and vehicles | 24 | €15,862 | €93,233 | +€77,371 | +487.8% |
| Financial fixed assets | 28 | €636 | €636 | = | 0.0% |
| Current assets | 29/58 | €223,397 | €204,817 | -€18,580 | -8.3% |
| Stocks and contracts in progress | 3 | €32,269 | €42,381 | +€10,112 | +31.3% |
| Stocks | 30/36 | €29,041 | €38,215 | +€9,175 | +31.6% |
| Contracts in progress | 37 | €3,228 | €4,166 | +€938 | +29.0% |
| Amounts receivable within one year | 40/41 | €135,777 | €98,422 | -€37,354 | -27.5% |
| Trade receivables | 40 | €135,777 | €98,422 | -€37,354 | -27.5% |
| Cash at bank and in hand | 54/58 | €55,351 | €64,013 | +€8,662 | +15.6% |
| Total equity and liabilities | 10/49 | €638,608 | €682,926 | +€44,318 | +6.9% |
| Equity | 10/15 | €354,810 | €414,102 | +€59,292 | +16.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €354,710 | €414,002 | +€59,292 | +16.7% |
| Tax-exempt reserves | 132 | €14,759 | €14,759 | = | 0.0% |
| Distributable reserves | 133 | €339,951 | €399,242 | +€59,292 | +17.4% |
| Amounts payable | 17/49 | €283,798 | €268,824 | -€14,974 | -5.3% |
| Amounts payable after more than one year | 17 | €81,250 | €103,250 | +€22,000 | +27.1% |
| Financial debts | 170/4 | €81,250 | €103,250 | +€22,000 | +27.1% |
| Amounts payable within one year | 42/48 | €202,548 | €165,574 | -€36,974 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €38,576 | €40,909 | +€2,333 | +6.0% |
| Financial debts | 43 | €1,681 | €0 | -€1,681 | -100.0% |
| Credit institutions | 430/8 | €1,681 | €0 | -€1,681 | -100.0% |
| Trade debts | 44 | €21,807 | €24,822 | +€3,015 | +13.8% |
| Suppliers | 440/4 | €21,807 | €24,822 | +€3,015 | +13.8% |
| Taxes, remuneration and social security | 45 | €49,800 | €26,038 | -€23,762 | -47.7% |
| Taxes | 450/3 | €49,800 | €26,038 | -€23,762 | -47.7% |
| Other amounts payable | 47/48 | €90,685 | €73,805 | -€16,880 | -18.6% |
| Non-recurring operating income | 76A | - | €3,790 | +€3,790 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,812 | €39,546 | +€12,734 | +47.5% |
| Other operating charges | 640/8 | €4,201 | €3,684 | -€516 | -12.3% |
| Gross operating margin | 9900 | €153,343 | €129,976 | -€23,368 | -15.2% |
| Operating profit (loss) | 9901 | €122,331 | €86,746 | -€35,585 | -29.1% |
| Financial income | 75/76B | €17 | €0 | -€17 | -99.9% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -99.9% |
| Financial charges | 65/66B | €3,426 | €4,695 | +€1,269 | +37.0% |
| Recurring financial charges | 65 | €3,426 | €4,695 | +€1,269 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | €118,922 | €82,051 | -€36,871 | -31.0% |
| Income taxes | 67/77 | €34,266 | €23,007 | -€11,260 | -32.9% |
| Profit (loss) for the period | 9904 | €84,656 | €59,044 | -€25,612 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €84,656 | €59,044 | -€25,612 | -30.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.