ABMG: 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.
ABMG
Largest movements
- Cash -€107,134
down €107,134 (-44.7%), from €239,469 to €132,336
mainly Contributions, distributions and other (-€298,065) and Trade debts (-€2,177)
- Tangible fixed assets -€44,086
down €44,086 (-9.5%), from €465,954 to €421,868
- Current investments -€24,165
down €24,165 (-5.2%), from €463,041 to €438,876
- Reserves -€209,577
down €209,577 (-26.8%), from €782,057 to €572,480
of which Distributable reserves: -€209,577
- Other debts +€29,879
up €29,879 (+15.7%), from €190,109 to €219,988
- Gross operating margin +€41,557
up €41,557 (+38.2%), from €108,858 to €150,415
- Financial charges +€7,691
up €7,691 (+655%), from €1,174 to €8,865
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 | €1,187,305 | €1,013,082 | -€174,223 | -14.7% |
| Fixed assets | 21/28 | €465,954 | €421,868 | -€44,086 | -9.5% |
| Tangible fixed assets | 22/27 | €465,954 | €421,868 | -€44,086 | -9.5% |
| Land and buildings | 22 | €288,888 | €272,639 | -€16,250 | -5.6% |
| Furniture and vehicles | 24 | €2,215 | €1,388 | -€827 | -37.3% |
| Leasing and similar rights | 25 | €158,843 | €139,081 | -€19,761 | -12.4% |
| Other tangible fixed assets | 26 | €16,008 | €8,761 | -€7,247 | -45.3% |
| Current assets | 29/58 | €721,351 | €591,213 | -€130,138 | -18.0% |
| Amounts receivable within one year | 40/41 | €18,841 | €20,002 | +€1,161 | +6.2% |
| Trade receivables | 40 | €18,841 | €20,002 | +€1,161 | +6.2% |
| Current investments | 50/53 | €463,041 | €438,876 | -€24,165 | -5.2% |
| Cash at bank and in hand | 54/58 | €239,469 | €132,336 | -€107,134 | -44.7% |
| Total equity and liabilities | 10/49 | €1,187,305 | €1,013,082 | -€174,223 | -14.7% |
| Equity | 10/15 | €981,958 | €772,382 | -€209,577 | -21.3% |
| Contributions | 10/11 | €28,094 | €28,094 | = | 0.0% |
| Reserves | 13 | €782,057 | €572,480 | -€209,577 | -26.8% |
| Tax-exempt reserves | 132 | €17,911 | €17,911 | = | 0.0% |
| Distributable reserves | 133 | €764,146 | €554,569 | -€209,577 | -27.4% |
| Profit (loss) carried forward | 14 | €171,807 | €171,807 | = | 0.0% |
| Amounts payable | 17/49 | €205,347 | €240,700 | +€35,353 | +17.2% |
| Amounts payable within one year | 42/48 | €205,347 | €240,700 | +€35,353 | +17.2% |
| Trade debts | 44 | €2,206 | €29 | -€2,177 | -98.7% |
| Suppliers | 440/4 | €2,206 | €29 | -€2,177 | -98.7% |
| Taxes, remuneration and social security | 45 | €13,032 | €20,682 | +€7,651 | +58.7% |
| Taxes | 450/3 | €13,032 | €20,682 | +€7,651 | +58.7% |
| Other amounts payable | 47/48 | €190,109 | €219,988 | +€29,879 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,563 | €44,086 | -€478 | -1.1% |
| Other operating charges | 640/8 | €8,954 | €8,867 | -€87 | -1.0% |
| Gross operating margin | 9900 | €108,858 | €150,415 | +€41,557 | +38.2% |
| Operating profit (loss) | 9901 | €55,341 | €97,463 | +€42,122 | +76.1% |
| Financial income | 75/76B | €15,496 | €15,932 | +€435 | +2.8% |
| Recurring financial income | 75 | €15,496 | €15,932 | +€435 | +2.8% |
| Financial charges | 65/66B | €1,174 | €8,865 | +€7,691 | +655% |
| Recurring financial charges | 65 | €1,174 | €8,865 | +€7,691 | +655% |
| Profit (loss) for the period before taxes | 9903 | €69,662 | €104,529 | +€34,867 | +50.1% |
| Income taxes | 67/77 | €15,973 | €16,041 | +€67 | +0.4% |
| Profit (loss) for the period | 9904 | €53,689 | €88,488 | +€34,799 | +64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,689 | €88,488 | +€34,799 | +64.8% |
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.