ABM-LLN: 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.
ABM-LLN
Largest movements
- Cash -€4,251
down €4,251 (-19.3%), from €22,029 to €17,777
mainly Debts after one year (-€6,662) and Trade debts (-€2,665)
- Stocks and contracts +€2,322
up €2,322 (+110%), from €2,110 to €4,432
- Receivables within one year +€1,710
up €1,710 (+1,258%), from €136 to €1,845
of which Trade receivables: +€1,282
- Tangible fixed assets -€477
down €477 (-7.5%), from €6,401 to €5,924
- Profit (loss) carried forward +€9,675
up €9,675 (+79.7%), from -€12,147 to -€2,472
- Debts after one year -€6,662
down €6,662 (-28.1%), from €23,720 to €17,059
- Trade debts -€2,665
down €2,665 (-67.2%), from €3,964 to €1,299
- Tax, wage and social debts -€1,300
down €1,300 (-68.1%), from €1,911 to €610
- Gross operating margin +€8,016
up €8,016 (+50.0%), from €16,037 to €24,053
- Staff costs +€4,865
up €4,865 (+85.5%), from €5,689 to €10,554
- Other operating charges -€465
down €465 (-23.3%), from €1,994 to €1,529
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 | €36,048 | €35,096 | -€952 | -2.6% |
| Formation expenses | 20 | €758 | €503 | -€255 | -33.6% |
| Fixed assets | 21/28 | €11,016 | €10,539 | -€477 | -4.3% |
| Tangible fixed assets | 22/27 | €6,401 | €5,924 | -€477 | -7.5% |
| Plant, machinery and equipment | 23 | €6,401 | €5,924 | -€477 | -7.5% |
| Financial fixed assets | 28 | €4,615 | €4,615 | = | 0.0% |
| Current assets | 29/58 | €24,275 | €24,055 | -€220 | -0.9% |
| Stocks and contracts in progress | 3 | €2,110 | €4,432 | +€2,322 | +110% |
| Stocks | 30/36 | €2,110 | €4,432 | +€2,322 | +110% |
| Amounts receivable within one year | 40/41 | €136 | €1,845 | +€1,710 | +1,258% |
| Trade receivables | 40 | - | €1,282 | +€1,282 | |
| Other amounts receivable | 41 | €136 | €564 | +€428 | +315% |
| Cash at bank and in hand | 54/58 | €22,029 | €17,777 | -€4,251 | -19.3% |
| Total equity and liabilities | 10/49 | €36,048 | €35,096 | -€952 | -2.6% |
| Equity | 10/15 | €6,453 | €16,128 | +€9,675 | +150% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,147 | -€2,472 | +€9,675 | +79.7% |
| Amounts payable | 17/49 | €29,595 | €18,968 | -€10,627 | -35.9% |
| Amounts payable after more than one year | 17 | €23,720 | €17,059 | -€6,662 | -28.1% |
| Financial debts | 170/4 | €23,720 | €17,059 | -€6,662 | -28.1% |
| Amounts payable within one year | 42/48 | €5,875 | €1,909 | -€3,966 | -67.5% |
| Trade debts | 44 | €3,964 | €1,299 | -€2,665 | -67.2% |
| Suppliers | 440/4 | €3,964 | €1,299 | -€2,665 | -67.2% |
| Taxes, remuneration and social security | 45 | €1,911 | €610 | -€1,300 | -68.1% |
| Taxes | 450/3 | €1,911 | €610 | -€1,300 | -68.1% |
| Remuneration, social security and pensions | 62 | €5,689 | €10,554 | +€4,865 | +85.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,273 | €2,262 | -€11 | -0.5% |
| Other operating charges | 640/8 | €1,994 | €1,529 | -€465 | -23.3% |
| Gross operating margin | 9900 | €16,037 | €24,053 | +€8,016 | +50.0% |
| Operating profit (loss) | 9901 | €6,081 | €9,708 | +€3,627 | +59.6% |
| Financial income | 75/76B | - | €39 | +€39 | |
| Recurring financial income | 75 | - | €39 | +€39 | |
| Financial charges | 65/66B | €65 | €60 | -€5 | -8.1% |
| Recurring financial charges | 65 | €65 | €60 | -€5 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €6,016 | €9,687 | +€3,672 | +61.0% |
| Income taxes | 67/77 | - | €12 | +€12 | |
| Profit (loss) for the period | 9904 | €6,016 | €9,675 | +€3,660 | +60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,016 | €9,675 | +€3,660 | +60.8% |
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.