ABMR: 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.
ABMR
Largest movements
- Tangible fixed assets +€109,821
up €109,821 (+39.3%), from €279,370 to €389,192
of which Furniture and vehicles: +€120,267
- Cash +€44,567
up €44,567 (+37.5%), from €118,941 to €163,508
mainly Debts after one year (+€174,861) and Depreciation (+€66,195)
- Debts after one year +€174,861
up €174,861 (+141%), from €124,427 to €299,287
- Other debts -€102,514
down €102,514 (-92.2%), from €111,215 to €8,701
- Reserves +€64,800
up €64,800 (+26.1%), from €247,900 to €312,700
- Current portion of long-term debt +€24,132
up €24,132 (+47.3%), from €51,008 to €75,139
- Trade debts -€12,585
down €12,585 (-61.3%), from €20,547 to €7,962
- Gross operating margin +€31,512
up €31,512 (+21.2%), from €148,354 to €179,866
- Taxes +€15,804
up €15,804 (+114%), from €13,920 to €29,724
- Depreciation -€15,791
down €15,791 (-19.3%), from €81,987 to €66,195
- Financial charges -€5,152
down €5,152 (-52.8%), from €9,758 to €4,607
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 | €588,896 | €737,658 | +€148,763 | +25.3% |
| Fixed assets | 21/28 | €288,370 | €398,492 | +€110,121 | +38.2% |
| Tangible fixed assets | 22/27 | €279,370 | €389,192 | +€109,821 | +39.3% |
| Land and buildings | 22 | €193,039 | €176,900 | -€16,139 | -8.4% |
| Plant, machinery and equipment | 23 | €3,949 | €9,642 | +€5,693 | +144% |
| Furniture and vehicles | 24 | €82,383 | €202,650 | +€120,267 | +146% |
| Financial fixed assets | 28 | €9,000 | €9,300 | +€300 | +3.3% |
| Current assets | 29/58 | €300,525 | €339,167 | +€38,641 | +12.9% |
| Amounts receivable after more than one year | 29 | €120,000 | €120,000 | = | 0.0% |
| Other amounts receivable | 291 | €120,000 | €120,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €55,912 | €51,529 | -€4,383 | -7.8% |
| Trade receivables | 40 | €46,152 | €51,529 | +€5,377 | +11.7% |
| Other amounts receivable | 41 | €9,760 | - | -€9,760 | |
| Cash at bank and in hand | 54/58 | €118,941 | €163,508 | +€44,567 | +37.5% |
| Deferred charges and accrued income | 490/1 | €5,672 | €4,129 | -€1,543 | -27.2% |
| Total equity and liabilities | 10/49 | €588,896 | €737,658 | +€148,763 | +25.3% |
| Equity | 10/15 | €271,764 | €336,612 | +€64,848 | +23.9% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €247,900 | €312,700 | +€64,800 | +26.1% |
| Distributable reserves | 133 | €247,900 | €312,700 | +€64,800 | +26.1% |
| Profit (loss) carried forward | 14 | €1,864 | €1,912 | +€48 | +2.6% |
| Amounts payable | 17/49 | €317,131 | €401,046 | +€83,915 | +26.5% |
| Amounts payable after more than one year | 17 | €124,427 | €299,287 | +€174,861 | +141% |
| Financial debts | 170/4 | €124,427 | €299,287 | +€174,861 | +141% |
| Amounts payable within one year | 42/48 | €192,705 | €101,759 | -€90,946 | -47.2% |
| Current portion of amounts payable after more than one year | 42 | €51,008 | €75,139 | +€24,132 | +47.3% |
| Trade debts | 44 | €20,547 | €7,962 | -€12,585 | -61.3% |
| Suppliers | 440/4 | €20,547 | €7,962 | -€12,585 | -61.3% |
| Taxes, remuneration and social security | 45 | €9,935 | €9,957 | +€22 | +0.2% |
| Taxes | 450/3 | €8,071 | €8,078 | +€7 | +0.1% |
| Remuneration and social security | 454/9 | €1,864 | €1,879 | +€14 | +0.8% |
| Other amounts payable | 47/48 | €111,215 | €8,701 | -€102,514 | -92.2% |
| Non-recurring operating income | 76A | - | €5,834 | +€5,834 | |
| Remuneration, social security and pensions | 62 | €414 | €266 | -€148 | -35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,987 | €66,195 | -€15,791 | -19.3% |
| Other operating charges | 640/8 | €12,882 | €14,592 | +€1,709 | +13.3% |
| Gross operating margin | 9900 | €148,354 | €179,866 | +€31,512 | +21.2% |
| Operating profit (loss) | 9901 | €53,071 | €98,814 | +€45,742 | +86.2% |
| Financial income | 75/76B | €1,184 | €365 | -€819 | -69.2% |
| Recurring financial income | 75 | €1,184 | €365 | -€819 | -69.2% |
| Financial charges | 65/66B | €9,758 | €4,607 | -€5,152 | -52.8% |
| Recurring financial charges | 65 | €9,758 | €4,607 | -€5,152 | -52.8% |
| Profit (loss) for the period before taxes | 9903 | €44,497 | €94,572 | +€50,075 | +113% |
| Income taxes | 67/77 | €13,920 | €29,724 | +€15,804 | +114% |
| Profit (loss) for the period | 9904 | €30,577 | €64,848 | +€34,271 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €30,577 | €64,848 | +€34,271 | +112% |
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 17 October 2026 via checked.be.