ABMF: 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.
ABMF
Largest movements
- Cash -€243,522
down €243,522 (-90.6%), from €268,706 to €25,185
mainly Other debts (-€129,712) and Net result for the year (-€110,181)
- Receivables within one year -€28,482
down €28,482 (-24.3%), from €117,200 to €88,718
of which Trade receivables: -€16,952
- Deferred charges and accrued income +€15,083
up €15,083 (+932.3%), from €1,618 to €16,701
- Tangible fixed assets +€6,609
up €6,609 (+34.4%), from €19,209 to €25,818
of which Furniture and vehicles: +€12,873
- Other debts -€129,712
down €129,712 (-100.0%), from €129,712 to €0
- Profit (loss) carried forward -€110,181
down €110,181 (-62.1%), from €177,330 to €67,149
- Trade debts -€12,665
down €12,665 (-18.1%), from €69,987 to €57,321
- Gross operating margin -€169,269
down €169,269, from €83,854 to -€85,414
- Taxes -€13,405
down €13,405 (-100.0%), from €13,405 to €0
- Staff costs -€7,770
down €7,770 (-32.3%), from €24,035 to €16,265
- Other operating charges -€936
down €936 (-38.4%), from €2,438 to €1,501
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 | €406,733 | €156,422 | -€250,311 | -61.5% |
| Fixed assets | 21/28 | €19,209 | €25,818 | +€6,609 | +34.4% |
| Tangible fixed assets | 22/27 | €19,209 | €25,818 | +€6,609 | +34.4% |
| Land and buildings | 22 | €6,535 | €5,228 | -€1,307 | -20.0% |
| Plant, machinery and equipment | 23 | €10,283 | €5,326 | -€4,957 | -48.2% |
| Furniture and vehicles | 24 | €2,392 | €15,264 | +€12,873 | +538.2% |
| Current assets | 29/58 | €387,524 | €130,604 | -€256,920 | -66.3% |
| Amounts receivable within one year | 40/41 | €117,200 | €88,718 | -€28,482 | -24.3% |
| Trade receivables | 40 | €79,762 | €62,810 | -€16,952 | -21.3% |
| Other amounts receivable | 41 | €37,438 | €25,908 | -€11,530 | -30.8% |
| Cash at bank and in hand | 54/58 | €268,706 | €25,185 | -€243,522 | -90.6% |
| Deferred charges and accrued income | 490/1 | €1,618 | €16,701 | +€15,083 | +932.3% |
| Total equity and liabilities | 10/49 | €406,733 | €156,422 | -€250,311 | -61.5% |
| Equity | 10/15 | €198,897 | €88,716 | -€110,181 | -55.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,567 | €1,567 | = | 0.0% |
| Distributable reserves | 133 | €1,567 | €1,567 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177,330 | €67,149 | -€110,181 | -62.1% |
| Amounts payable | 17/49 | €207,836 | €67,706 | -€140,130 | -67.4% |
| Amounts payable within one year | 42/48 | €207,836 | €67,706 | -€140,130 | -67.4% |
| Financial debts | 43 | €5,084 | €5,061 | -€23 | -0.4% |
| Credit institutions | 430/8 | €5,084 | €5,061 | -€23 | -0.4% |
| Trade debts | 44 | €69,987 | €57,321 | -€12,665 | -18.1% |
| Suppliers | 440/4 | €69,987 | €57,321 | -€12,665 | -18.1% |
| Taxes, remuneration and social security | 45 | €3,053 | €5,323 | +€2,270 | +74.4% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €3,053 | €5,323 | +€2,270 | +74.4% |
| Other amounts payable | 47/48 | €129,712 | €0 | -€129,712 | -100.0% |
| Non-recurring operating income | 76A | - | €6,493 | +€6,493 | |
| Remuneration, social security and pensions | 62 | €24,035 | €16,265 | -€7,770 | -32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,259 | €8,445 | -€814 | -8.8% |
| Other operating charges | 640/8 | €2,438 | €1,501 | -€936 | -38.4% |
| Gross operating margin | 9900 | €83,854 | -€85,414 | -€169,269 | |
| Operating profit (loss) | 9901 | €48,123 | -€111,625 | -€159,748 | |
| Financial income | 75/76B | €2,242 | €2,532 | +€290 | +12.9% |
| Recurring financial income | 75 | €2,242 | €2,532 | +€290 | +12.9% |
| Financial charges | 65/66B | €1,074 | €1,088 | +€14 | +1.3% |
| Recurring financial charges | 65 | €1,074 | €1,088 | +€14 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €49,291 | -€110,181 | -€159,472 | |
| Income taxes | 67/77 | €13,405 | €0 | -€13,405 | -100.0% |
| Profit (loss) for the period | 9904 | €35,886 | -€110,181 | -€146,067 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,886 | -€110,181 | -€146,067 |
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 12 October 2026 via checked.be.