ABO: 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.
What changed
ABO
NACE 71.209, Other technical testing and analysis
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€569,198
2024 · €582,074-€12,876
Equity
€3.9m
2024 · €3.7m+€206,118
Cash
€385,234
2024 · €560,637-€175,403
Balance sheet total
€13.6m
2024 · €13.1m+€447,041
Largest movements
Assets
- Receivables within one year +€1.2m
up €1.2m (+22.1%), from €5.4m to €6.6m
of which Other amounts receivable: +€1.8m
- Stocks and contracts -€441,014
down €441,014 (-8.3%), from €5.3m to €4.9m
- Cash -€175,403
down €175,403 (-31.3%), from €560,637 to €385,234
mainly Receivables within one year (-€1.2m) and Contributions, distributions and other (-€363,080)
Equity and liabilities
- Other debts +€424,099
up €424,099 (+17.5%), from €2.4m to €2.9m
- Trade debts -€341,008
down €341,008 (-19.7%), from €1.7m to €1.4m
- Tax, wage and social debts +€275,998
up €275,998 (+11.9%), from €2.3m to €2.6m
of which Remuneration and social security: +€173,723
- Profit (loss) carried forward +€206,118
up €206,118 (+7.9%), from €2.6m to €2.8m
Income statement
- Turnover +€1.6m
up €1.6m (+9.7%), from €16.2m to €17.8m
- Staff costs +€858,652
up €858,652 (+11.4%), from €7.5m to €8.4m
- Other operating income +€315,466
up €315,466 (+192.2%), from €164,117 to €479,582
- Goods and materials -€280,134
down €280,134 (-4.7%), from €5.9m to €5.6m
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.
Result 2024
€582,074
Turnover
+€1.6m
Other operating income
+€315,466
Goods and materials
+€280,134
Services and other goods
+€161,259
Staff costs
-€858,652
Depreciation
-€98,014
Write-downs
+€41,393
Other operating charges
-€595
Other operating items
-€1.4m
Financial income
-€31,681
Financial charges
+€13,310
Taxes
+€40,748
Result 2025
€569,198
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.
From operations
+€677,234
Investment
-€284,680
Financing
-€567,958
Cash 2024
€560,637
From operations (derived)
+€677,234
Net result for the year
+€569,198
Depreciation
+€423,930
Stocks and contracts
+€441,014
Receivables within one year
-€1.2m
Deferred charges and accrued income
+€957
Provisions
-€60,000
Trade debts
-€341,008
Tax, wage and social debts
+€275,998
Advances received
+€73,942
Other debts
+€424,099
Accrued charges and deferred income
+€72,771
Investment (derived)
-€284,680
Investment in fixed assets (net)
-€284,680
Financing
-€567,958
Debts after one year
-€121,945
Current portion of long-term debt
+€29,220
Short-term financial debts
-€112,153
Contributions, distributions and other
-€363,080
Cash 2025
€385,234
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,127,950 | €13,574,991 | +€447,041 | +3.4% |
| Fixed assets | 21/28 | €1,792,088 | €1,652,838 | -€139,250 | -7.8% |
| Intangible fixed assets | 21 | €236,941 | €232,044 | -€4,897 | -2.1% |
| Tangible fixed assets | 22/27 | €1,152,228 | €1,057,176 | -€95,053 | -8.2% |
| Plant, machinery and equipment | 23 | €84,311 | €116,601 | +€32,289 | +38.3% |
| Furniture and vehicles | 24 | €54,297 | €42,280 | -€12,017 | -22.1% |
| Leasing and similar rights | 25 | €954,992 | €852,403 | -€102,589 | -10.7% |
| Other tangible fixed assets | 26 | €58,629 | €45,892 | -€12,737 | -21.7% |
| Financial fixed assets | 28 | €402,919 | €363,618 | -€39,301 | -9.8% |
| Other financial fixed assets | 284/8 | €402,919 | €363,618 | -€39,301 | -9.8% |
| Amounts receivable and cash guarantees | 285/8 | €402,919 | €363,618 | -€39,301 | -9.8% |
| Current assets | 29/58 | €11,335,862 | €11,922,154 | +€586,291 | +5.2% |
| Stocks and contracts in progress | 3 | €5,324,002 | €4,882,987 | -€441,014 | -8.3% |
| Contracts in progress | 37 | €5,324,002 | €4,882,987 | -€441,014 | -8.3% |
| Amounts receivable within one year | 40/41 | €5,443,731 | €6,647,396 | +€1.2m | +22.1% |
| Trade receivables | 40 | €4,323,206 | €3,723,396 | -€599,810 | -13.9% |
| Other amounts receivable | 41 | €1,120,525 | €2,924,000 | +€1.8m | +160.9% |
| Cash at bank and in hand | 54/58 | €560,637 | €385,234 | -€175,403 | -31.3% |
| Deferred charges and accrued income | 490/1 | €7,493 | €6,536 | -€957 | -12.8% |
| Total equity and liabilities | 10/49 | €13,127,950 | €13,574,991 | +€447,041 | +3.4% |
| Equity | 10/15 | €3,741,989 | €3,948,107 | +€206,118 | +5.5% |
| Contributions | 10/11 | €1,034,600 | €1,034,600 | = | 0.0% |
| Capital | 10 | €1,034,600 | €1,034,600 | = | 0.0% |
| Issued capital | 100 | €1,034,600 | €1,034,600 | = | 0.0% |
| Reserves | 13 | €103,460 | €103,460 | = | 0.0% |
| Non-distributable reserves | 130/1 | €103,460 | €103,460 | = | 0.0% |
| Legal reserve | 130 | €103,460 | €103,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,603,929 | €2,810,047 | +€206,118 | +7.9% |
| Provisions and deferred taxes | 16 | €110,000 | €50,000 | -€60,000 | -54.5% |
| Provisions for liabilities and charges | 160/5 | €110,000 | €50,000 | -€60,000 | -54.5% |
| Other liabilities and charges | 164/5 | €110,000 | €50,000 | -€60,000 | -54.5% |
| Amounts payable | 17/49 | €9,275,961 | €9,576,884 | +€300,923 | +3.2% |
| Amounts payable after more than one year | 17 | €721,713 | €599,769 | -€121,945 | -16.9% |
| Financial debts | 170/4 | €721,713 | €599,769 | -€121,945 | -16.9% |
| Leasing and similar obligations | 172 | €721,713 | €599,769 | -€121,945 | -16.9% |
| Amounts payable within one year | 42/48 | €8,439,257 | €8,789,354 | +€350,097 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €243,149 | €272,369 | +€29,220 | +12.0% |
| Financial debts | 43 | €1,286,485 | €1,174,331 | -€112,153 | -8.7% |
| Credit institutions | 430/8 | €1,286,485 | €1,174,331 | -€112,153 | -8.7% |
| Trade debts | 44 | €1,728,494 | €1,387,486 | -€341,008 | -19.7% |
| Suppliers | 440/4 | €1,728,494 | €1,387,486 | -€341,008 | -19.7% |
| Advances received on contracts in progress | 46 | €436,307 | €510,248 | +€73,942 | +16.9% |
| Taxes, remuneration and social security | 45 | €2,318,445 | €2,594,442 | +€275,998 | +11.9% |
| Taxes | 450/3 | €803,221 | €905,496 | +€102,275 | +12.7% |
| Remuneration and social security | 454/9 | €1,515,224 | €1,688,946 | +€173,723 | +11.5% |
| Other amounts payable | 47/48 | €2,426,378 | €2,850,477 | +€424,099 | +17.5% |
| Accrued charges and deferred income | 492/3 | €114,991 | €187,761 | +€72,771 | +63.3% |
| Operating income | 70/76A | €17,412,117 | €17,841,803 | +€429,687 | +2.5% |
| Turnover | 70 | €16,207,872 | €17,779,864 | +€1.6m | +9.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €994,169 | -€497,664 | -€1.5m | |
| Other operating income | 74 | €164,117 | €479,582 | +€315,466 | +192.2% |
| Non-recurring operating income | 76A | €45,959 | €80,020 | +€34,061 | +74.1% |
| Operating charges | 60/66A | €16,403,074 | €16,868,014 | +€464,940 | +2.8% |
| Goods for resale, raw materials and consumables | 60 | €5,906,951 | €5,626,817 | -€280,134 | -4.7% |
| Purchases | 600/8 | €5,906,951 | €5,626,817 | -€280,134 | -4.7% |
| Services and other goods | 61 | €2,496,611 | €2,335,353 | -€161,259 | -6.5% |
| Remuneration, social security and pensions | 62 | €7,539,353 | €8,398,005 | +€858,652 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €325,916 | €423,930 | +€98,014 | +30.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €18,296 | -€23,097 | -€41,393 | |
| Other operating charges | 640/8 | €106,142 | €106,737 | +€595 | +0.6% |
| Non-recurring operating charges | 66A | €9,804 | €269 | -€9,535 | -97.3% |
| Operating profit (loss) | 9901 | €1,009,043 | €973,790 | -€35,253 | -3.5% |
| Financial income | 75/76B | €93,353 | €61,672 | -€31,681 | -33.9% |
| Recurring financial income | 75 | €89,841 | €61,327 | -€28,514 | -31.7% |
| Income from financial fixed assets | 750 | €12,361 | €3,429 | -€8,932 | -72.3% |
| Income from current assets | 751 | €77,316 | €57,880 | -€19,436 | -25.1% |
| Other financial income | 752/9 | €164 | €17 | -€146 | -89.4% |
| Non-recurring financial income | 76B | €3,513 | €346 | -€3,167 | -90.2% |
| Financial charges | 65/66B | €191,498 | €178,188 | -€13,310 | -7.0% |
| Recurring financial charges | 65 | €191,498 | €178,188 | -€13,310 | -7.0% |
| Debt charges | 650 | €132,664 | €129,898 | -€2,766 | -2.1% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €0 | €0 | = | |
| Other financial charges | 652/9 | €58,834 | €48,290 | -€10,544 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €910,898 | €857,274 | -€53,624 | -5.9% |
| Income taxes | 67/77 | €328,824 | €288,076 | -€40,748 | -12.4% |
| Taxes | 670/3 | €328,824 | €288,076 | -€40,748 | -12.4% |
| Profit (loss) for the period | 9904 | €582,074 | €569,198 | -€12,876 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €582,074 | €569,198 | -€12,876 | -2.2% |
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 9 October 2026 via checked.be.