ABO GLOBAL: what changed
Two fiscal 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 GLOBAL
NACE 46.872, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€477,468
2024 · €9.4m-€8.9m
Equity
€5.5m
2024 · €8.0m-€2.5m
Cash
€7.2m
2024 · €871,792+€6.3m
Balance sheet total
€16.2m
2024 · €18.2m-€2.0m
Largest movements
Assets
- Receivables within one year -€7.4m
down €7.4m (-89.7%), from €8.3m to €854,449
of which Other amounts receivable: -€7.2m
- Cash +€6.3m
up €6.3m (+726.0%), from €871,792 to €7.2m
mainly Receivables within one year (+€7.4m) and Debts after one year (+€1.7m)
- Current investments -€1.4m
down €1.4m (-26.4%), from €5.4m to €4.0m
- Tangible fixed assets +€345,854
up €345,854 (+433.9%), from €79,711 to €425,564
- Deferred charges and accrued income +€194,804
up €194,804 (+212.1%), from €91,854 to €286,658
Equity and liabilities
- Reserves -€2.5m
down €2.5m (-33.1%), from €7.5m to €5.0m
of which Non-distributable reserves: -€1.4m
- Other debts -€2.0m
down €2.0m (-34.7%), from €5.7m to €3.7m
- Debts after one year +€1.7m
up €1.7m (+58.9%), from €2.9m to €4.6m
of which Financial debts: +€2.4m
- Current portion of long-term debt +€560,781
up €560,781 (+81.1%), from €691,625 to €1.3m
- Trade debts +€323,790
up €323,790 (+62.5%), from €518,109 to €841,900
Income statement
- Financial income -€8.8m
down €8.8m (-92.7%), from €9.5m to €694,937
- Services and other goods +€1.3m
up €1.3m (+57.6%), from €2.3m to €3.6m
- Turnover +€970,175
up €970,175 (+33.5%), from €2.9m to €3.9m
- Financial charges +€141,947
up €141,947 (+218.8%), from €64,886 to €206,833
- Staff costs -€92,381
down €92,381 (-16.4%), from €561,639 to €469,257
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
€9.4m
Turnover
+€970,175
Other operating income
+€3,615
Goods and materials
+€40,410
Services and other goods
-€1.3m
Staff costs
+€92,381
Depreciation
-€29,671
Other operating charges
+€1,339
Other operating items
+€237,646
Financial income
-€8.8m
Financial charges
-€141,947
Taxes
+€3,157
Result 2025
€477,468
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
+€6.0m
Investment
+€1.0m
Financing
-€694,125
Cash 2024
€871,792
From operations (derived)
+€6.0m
Net result for the year
+€477,468
Depreciation
+€54,435
Receivables within one year
+€7.4m
Deferred charges and accrued income
-€194,804
Trade debts
+€323,790
Tax, wage and social debts
-€150,021
Other debts
-€2.0m
Accrued charges and deferred income
+€31,881
Investment (derived)
+€1.0m
Investment in fixed assets (net)
-€380,010
Current investments
+€1.4m
Financing
-€694,125
Debts after one year
+€1.7m
Current portion of long-term debt
+€560,781
Contributions, distributions and other
-€3.0m
Cash 2025
€7.2m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,179,668 | €16,192,361 | -€2.0m | -10.9% |
| Fixed assets | 21/28 | €3,547,408 | €3,872,983 | +€325,575 | +9.2% |
| Intangible fixed assets | 21 | €80,176 | €60,149 | -€20,027 | -25.0% |
| Tangible fixed assets | 22/27 | €79,711 | €425,564 | +€345,854 | +433.9% |
| Plant, machinery and equipment | 23 | - | €3,762 | +€3,762 | |
| Furniture and vehicles | 24 | €61,565 | €199,374 | +€137,809 | +223.8% |
| Other tangible fixed assets | 26 | - | €34,395 | +€34,395 | |
| Assets under construction and advance payments | 27 | €18,145 | €188,033 | +€169,888 | +936.3% |
| Financial fixed assets | 28 | €3,387,522 | €3,387,270 | -€252 | 0.0% |
| Affiliated companies | 280/1 | €3,387,270 | €3,387,270 | = | 0.0% |
| Participating interests | 280 | €3,112,270 | €3,112,270 | = | 0.0% |
| Amounts receivable | 281 | €275,000 | €275,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €252 | - | -€252 | |
| Amounts receivable and cash guarantees | 285/8 | €252 | - | -€252 | |
| Current assets | 29/58 | €14,632,260 | €12,319,377 | -€2.3m | -15.8% |
| Amounts receivable within one year | 40/41 | €8,261,414 | €854,449 | -€7.4m | -89.7% |
| Trade receivables | 40 | €791,147 | €603,915 | -€187,232 | -23.7% |
| Other amounts receivable | 41 | €7,470,267 | €250,534 | -€7.2m | -96.6% |
| Current investments | 50/53 | €5,407,200 | €3,977,647 | -€1.4m | -26.4% |
| Own shares | 50 | €5,407,200 | €3,977,647 | -€1.4m | -26.4% |
| Cash at bank and in hand | 54/58 | €871,792 | €7,200,624 | +€6.3m | +726.0% |
| Deferred charges and accrued income | 490/1 | €91,854 | €286,658 | +€194,804 | +212.1% |
| Total equity and liabilities | 10/49 | €18,179,668 | €16,192,361 | -€2.0m | -10.9% |
| Equity | 10/15 | €8,025,335 | €5,525,303 | -€2.5m | -31.2% |
| Contributions | 10/11 | €479,858 | €479,858 | = | 0.0% |
| Reserves | 13 | €7,545,477 | €5,045,445 | -€2.5m | -33.1% |
| Non-distributable reserves | 130/1 | €5,437,325 | €4,007,772 | -€1.4m | -26.3% |
| Reserves not available under the articles | 1311 | €30,125 | €30,125 | = | 0.0% |
| Own shares acquired | 1312 | €5,407,200 | €3,977,647 | -€1.4m | -26.4% |
| Distributable reserves | 133 | €2,108,152 | €1,037,673 | -€1.1m | -50.8% |
| Amounts payable | 17/49 | €10,154,332 | €10,667,058 | +€512,725 | +5.0% |
| Amounts payable after more than one year | 17 | €2,922,842 | €4,645,436 | +€1.7m | +58.9% |
| Financial debts | 170/4 | €1,522,842 | €3,945,436 | +€2.4m | +159.1% |
| Credit institutions | 173 | €1,522,842 | €3,945,436 | +€2.4m | +159.1% |
| Other amounts payable | 178/9 | €1,400,000 | €700,000 | -€700,000 | -50.0% |
| Amounts payable within one year | 42/48 | €7,211,067 | €5,969,318 | -€1.2m | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €691,625 | €1,252,406 | +€560,781 | +81.1% |
| Trade debts | 44 | €518,109 | €841,900 | +€323,790 | +62.5% |
| Suppliers | 440/4 | €518,109 | €841,900 | +€323,790 | +62.5% |
| Taxes, remuneration and social security | 45 | €298,533 | €148,512 | -€150,021 | -50.3% |
| Taxes | 450/3 | €143,941 | €50,373 | -€93,569 | -65.0% |
| Remuneration and social security | 454/9 | €154,592 | €98,140 | -€56,452 | -36.5% |
| Other amounts payable | 47/48 | €5,702,800 | €3,726,500 | -€2.0m | -34.7% |
| Accrued charges and deferred income | 492/3 | €20,424 | €52,304 | +€31,881 | +156.1% |
| Operating income | 70/76A | €2,898,214 | €4,109,710 | +€1.2m | +41.8% |
| Turnover | 70 | €2,898,154 | €3,868,330 | +€970,175 | +33.5% |
| Other operating income | 74 | €60 | €3,675 | +€3,615 | +6025.0% |
| Non-recurring operating income | 76A | - | €237,705 | +€237,705 | |
| Operating charges | 60/66A | €2,904,560 | €4,103,997 | +€1.2m | +41.3% |
| Goods for resale, raw materials and consumables | 60 | €50,410 | €10,000 | -€40,410 | -80.2% |
| Purchases | 600/8 | €50,410 | €10,000 | -€40,410 | -80.2% |
| Services and other goods | 61 | €2,264,894 | €3,568,731 | +€1.3m | +57.6% |
| Remuneration, social security and pensions | 62 | €561,639 | €469,257 | -€92,381 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,765 | €54,435 | +€29,671 | +119.8% |
| Other operating charges | 640/8 | €2,853 | €1,514 | -€1,339 | -46.9% |
| Non-recurring operating charges | 66A | - | €59 | +€59 | |
| Operating profit (loss) | 9901 | -€6,346 | €5,713 | +€12,058 | |
| Financial income | 75/76B | €9,499,455 | €694,937 | -€8.8m | -92.7% |
| Recurring financial income | 75 | €9,499,455 | €694,937 | -€8.8m | -92.7% |
| Income from financial fixed assets | 750 | €9,408,273 | €478,250 | -€8.9m | -94.9% |
| Income from current assets | 751 | €91,132 | €206,413 | +€115,281 | +126.5% |
| Other financial income | 752/9 | €51 | €10,274 | +€10,223 | +20184.4% |
| Financial charges | 65/66B | €64,886 | €206,833 | +€141,947 | +218.8% |
| Recurring financial charges | 65 | €64,886 | €206,833 | +€141,947 | +218.8% |
| Debt charges | 650 | €53,116 | €184,827 | +€131,711 | +248.0% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €8,820 | +€8,820 | |
| Other financial charges | 652/9 | €11,769 | €13,186 | +€1,416 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €9,428,224 | €493,817 | -€8.9m | -94.8% |
| Income taxes | 67/77 | €19,506 | €16,349 | -€3,157 | -16.2% |
| Taxes | 670/3 | €19,506 | €16,349 | -€3,157 | -16.2% |
| Profit (loss) for the period | 9904 | €9,408,718 | €477,468 | -€8.9m | -94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,408,718 | €477,468 | -€8.9m | -94.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.