ABIVET: 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.
ABIVET
Largest movements
- Receivables within one year -€191,161
down €191,161 (-92.4%), from €206,953 to €15,792
of which Trade receivables: -€191,166
- Cash +€10,594
up €10,594 (+110.1%), from €9,622 to €20,216
mainly Receivables within one year (+€191,161) and Depreciation (+€20,272)
- Trade debts -€185,332
down €185,332 (-96.2%), from €192,627 to €7,294
- Debts after one year -€16,534
down €16,534 (-3.7%), from €451,885 to €435,351
- Other debts +€14,516
up €14,516 (+81.8%), from €17,739 to €32,255
- Gross operating margin +€34,582
up €34,582 (+117.5%), from €29,437 to €64,019
- Staff costs +€27,642
new in 2025: €27,642
- Depreciation +€10,758
up €10,758 (+113.1%), from €9,514 to €20,272
- Financial charges +€2,029
up €2,029 (+11.8%), from €17,131 to €19,160
- Other operating charges -€1,644
down €1,644 (-54.3%), from €3,029 to €1,385
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 | €703,755 | €519,135 | -€184,620 | -26.2% |
| Fixed assets | 21/28 | €487,180 | €483,127 | -€4,053 | -0.8% |
| Tangible fixed assets | 22/27 | €487,180 | €482,855 | -€4,325 | -0.9% |
| Land and buildings | 22 | €461,331 | €448,252 | -€13,079 | -2.8% |
| Plant, machinery and equipment | 23 | €5,203 | €14,808 | +€9,604 | +184.6% |
| Furniture and vehicles | 24 | €20,646 | €19,796 | -€851 | -4.1% |
| Financial fixed assets | 28 | - | €272 | +€272 | |
| Current assets | 29/58 | €216,575 | €36,008 | -€180,567 | -83.4% |
| Amounts receivable within one year | 40/41 | €206,953 | €15,792 | -€191,161 | -92.4% |
| Trade receivables | 40 | €206,942 | €15,776 | -€191,166 | -92.4% |
| Other amounts receivable | 41 | €10 | €16 | +€5 | +52.2% |
| Cash at bank and in hand | 54/58 | €9,622 | €20,216 | +€10,594 | +110.1% |
| Total equity and liabilities | 10/49 | €703,755 | €519,135 | -€184,620 | -26.2% |
| Equity | 10/15 | €16,049 | €11,627 | -€4,422 | -27.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,951 | -€18,373 | -€4,422 | -31.7% |
| Amounts payable | 17/49 | €687,706 | €507,508 | -€180,197 | -26.2% |
| Amounts payable after more than one year | 17 | €451,885 | €435,351 | -€16,534 | -3.7% |
| Financial debts | 170/4 | €451,885 | €435,351 | -€16,534 | -3.7% |
| Amounts payable within one year | 42/48 | €235,820 | €72,157 | -€163,663 | -69.4% |
| Current portion of amounts payable after more than one year | 42 | €21,452 | €25,018 | +€3,567 | +16.6% |
| Trade debts | 44 | €192,627 | €7,294 | -€185,332 | -96.2% |
| Suppliers | 440/4 | €192,627 | €7,294 | -€185,332 | -96.2% |
| Taxes, remuneration and social security | 45 | €4,003 | €7,589 | +€3,586 | +89.6% |
| Taxes | 450/3 | €4,003 | €4,476 | +€473 | +11.8% |
| Remuneration and social security | 454/9 | - | €3,113 | +€3,113 | |
| Other amounts payable | 47/48 | €17,739 | €32,255 | +€14,516 | +81.8% |
| Remuneration, social security and pensions | 62 | - | €27,642 | +€27,642 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,514 | €20,272 | +€10,758 | +113.1% |
| Other operating charges | 640/8 | €3,029 | €1,385 | -€1,644 | -54.3% |
| Gross operating margin | 9900 | €29,437 | €64,019 | +€34,582 | +117.5% |
| Operating profit (loss) | 9901 | €16,894 | €14,720 | -€2,174 | -12.9% |
| Financial income | 75/76B | €111 | €18 | -€93 | -83.8% |
| Recurring financial income | 75 | €111 | €18 | -€93 | -83.8% |
| Financial charges | 65/66B | €17,131 | €19,160 | +€2,029 | +11.8% |
| Recurring financial charges | 65 | €17,131 | €19,160 | +€2,029 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | -€126 | -€4,422 | -€4,296 | -3408.0% |
| Profit (loss) for the period | 9904 | -€126 | -€4,422 | -€4,296 | -3408.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€126 | -€4,422 | -€4,296 | -3408.0% |
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 30 September 2026 via checked.be.