ABL EXPRESS: 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.
ABL EXPRESS
Largest movements
- Cash +€51,591
up €51,591 (+702.7%), from €7,341 to €58,932
mainly Tax, wage and social debts (+€66,517) and Net result for the year (+€49,881)
- Receivables within one year +€48,174
up €48,174 (+122.9%), from €39,189 to €87,363
of which Trade receivables: +€45,692
- Financial fixed assets +€10,000
up €10,000 (+111.1%), from €9,000 to €19,000
- Tangible fixed assets +€1,771
new in 2025: €1,771
- Tax, wage and social debts +€66,517
up €66,517 (+698.1%), from €9,528 to €76,045
of which Taxes: +€34,411
- Reserves +€49,881
up €49,881 (+197.2%), from €25,293 to €75,174
- Other debts -€15,218
down €15,218 (-98.7%), from €15,425 to €207
- Trade debts +€11,655
up €11,655 (+4098.7%), from €284 to €11,939
- Gross operating margin +€219,911
up €219,911 (+623.9%), from €35,246 to €255,157
- Staff costs +€178,468
new in 2025: €178,468
- Taxes +€12,198
up €12,198 (+128.0%), from €9,528 to €21,726
- Other operating charges +€4,867
new in 2025: €4,867
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 | €55,530 | €168,365 | +€112,835 | +203.2% |
| Fixed assets | 21/28 | €9,000 | €20,771 | +€11,771 | +130.8% |
| Tangible fixed assets | 22/27 | - | €1,771 | +€1,771 | |
| Furniture and vehicles | 24 | - | €1,771 | +€1,771 | |
| Financial fixed assets | 28 | €9,000 | €19,000 | +€10,000 | +111.1% |
| Current assets | 29/58 | €46,530 | €147,595 | +€101,065 | +217.2% |
| Amounts receivable within one year | 40/41 | €39,189 | €87,363 | +€48,174 | +122.9% |
| Trade receivables | 40 | €39,133 | €84,825 | +€45,692 | +116.8% |
| Other amounts receivable | 41 | €56 | €2,539 | +€2,482 | +4421.1% |
| Cash at bank and in hand | 54/58 | €7,341 | €58,932 | +€51,591 | +702.7% |
| Deferred charges and accrued income | 490/1 | - | €1,299 | +€1,299 | |
| Total equity and liabilities | 10/49 | €55,530 | €168,365 | +€112,835 | +203.2% |
| Equity | 10/15 | €30,293 | €80,174 | +€49,881 | +164.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,293 | €75,174 | +€49,881 | +197.2% |
| Distributable reserves | 133 | €25,293 | €75,174 | +€49,881 | +197.2% |
| Amounts payable | 17/49 | €25,237 | €88,191 | +€62,954 | +249.4% |
| Amounts payable within one year | 42/48 | €25,237 | €88,191 | +€62,954 | +249.4% |
| Trade debts | 44 | €284 | €11,939 | +€11,655 | +4098.7% |
| Suppliers | 440/4 | €284 | €11,939 | +€11,655 | +4098.7% |
| Taxes, remuneration and social security | 45 | €9,528 | €76,045 | +€66,517 | +698.1% |
| Taxes | 450/3 | €9,528 | €43,938 | +€34,411 | +361.2% |
| Remuneration and social security | 454/9 | - | €32,106 | +€32,106 | |
| Other amounts payable | 47/48 | €15,425 | €207 | -€15,218 | -98.7% |
| Non-recurring operating income | 76A | - | €795 | +€795 | |
| Remuneration, social security and pensions | 62 | - | €178,468 | +€178,468 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €194 | +€194 | |
| Other operating charges | 640/8 | - | €4,867 | +€4,867 | |
| Gross operating margin | 9900 | €35,246 | €255,157 | +€219,911 | +623.9% |
| Operating profit (loss) | 9901 | €35,246 | €71,628 | +€36,382 | +103.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €0 | €21 | +€21 | +205100.0% |
| Recurring financial charges | 65 | €0 | €21 | +€21 | +205100.0% |
| Profit (loss) for the period before taxes | 9903 | €35,246 | €71,608 | +€36,362 | +103.2% |
| Income taxes | 67/77 | €9,528 | €21,726 | +€12,198 | +128.0% |
| Profit (loss) for the period | 9904 | €25,718 | €49,881 | +€24,163 | +94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,718 | €49,881 | +€24,163 | +94.0% |
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 29 September 2026 via checked.be.