ABL-INVEST: 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.
ABL-INVEST
Largest movements
- Receivables after one year +€8,454
up €8,454 (+129%), from €6,560 to €15,014
- Tangible fixed assets -€8,432
down €8,432 (-14.1%), from €59,891 to €51,460
of which Land and buildings: -€8,383
- Cash -€7,874
down €7,874 (-20.0%), from €39,416 to €31,541
mainly Receivables after one year (-€8,454) and Net result for the year (-€7,940)
- Reserves -€7,940
down €7,940 (-9.1%), from €87,193 to €79,254
- Gross operating margin -€5,015
down €5,015 (-55.1%), from €9,102 to €4,087
- Depreciation +€550
up €550 (+6.1%), from €9,026 to €9,576
- Financial income +€210
up €210 (+89.7%), from €234 to €444
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 | €105,911 | €98,061 | -€7,850 | -7.4% |
| Fixed assets | 21/28 | €59,891 | €51,460 | -€8,432 | -14.1% |
| Tangible fixed assets | 22/27 | €59,891 | €51,460 | -€8,432 | -14.1% |
| Land and buildings | 22 | €57,558 | €49,175 | -€8,383 | -14.6% |
| Plant, machinery and equipment | 23 | €851 | €259 | -€591 | -69.5% |
| Furniture and vehicles | 24 | €1,483 | €2,026 | +€543 | +36.6% |
| Current assets | 29/58 | €46,020 | €46,601 | +€581 | +1.3% |
| Amounts receivable after more than one year | 29 | €6,560 | €15,014 | +€8,454 | +129% |
| Other amounts receivable | 291 | €6,560 | €15,014 | +€8,454 | +129% |
| Cash at bank and in hand | 54/58 | €39,416 | €31,541 | -€7,874 | -20.0% |
| Deferred charges and accrued income | 490/1 | €44 | €46 | +€2 | +3.7% |
| Total equity and liabilities | 10/49 | €105,911 | €98,061 | -€7,850 | -7.4% |
| Equity | 10/15 | €105,785 | €97,846 | -€7,940 | -7.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €87,193 | €79,254 | -€7,940 | -9.1% |
| Distributable reserves | 133 | €87,193 | €79,254 | -€7,940 | -9.1% |
| Amounts payable | 17/49 | €126 | €216 | +€90 | +71.2% |
| Amounts payable within one year | 42/48 | €126 | €216 | +€90 | +71.2% |
| Trade debts | 44 | €126 | €216 | +€90 | +71.2% |
| Suppliers | 440/4 | €126 | €216 | +€90 | +71.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,026 | €9,576 | +€550 | +6.1% |
| Other operating charges | 640/8 | €2,035 | €2,098 | +€62 | +3.1% |
| Gross operating margin | 9900 | €9,102 | €4,087 | -€5,015 | -55.1% |
| Operating profit (loss) | 9901 | -€1,959 | -€7,587 | -€5,627 | -287% |
| Financial income | 75/76B | €234 | €444 | +€210 | +89.7% |
| Recurring financial income | 75 | €234 | €444 | +€210 | +89.7% |
| Financial charges | 65/66B | €840 | €797 | -€44 | -5.2% |
| Recurring financial charges | 65 | €840 | €797 | -€44 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,566 | -€7,940 | -€5,374 | -209% |
| Profit (loss) for the period | 9904 | -€2,566 | -€7,940 | -€5,374 | -209% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,566 | -€7,940 | -€5,374 | -209% |
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 25 October 2026 via checked.be.