ABO-KITWERKEN: 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.
ABO-KITWERKEN
Largest movements
- Deferred charges and accrued income +€20,121
up €20,121 (+747%), from €2,692 to €22,813
- Receivables within one year -€18,883
down €18,883 (-53.6%), from €35,208 to €16,325
of which Other amounts receivable: -€28,591
- Cash +€12,625
up €12,625 (+5.7%), from €221,816 to €234,442
mainly Net result for the year (+€56,614) and Other debts (+€39,327)
- Tangible fixed assets -€11,587
down €11,587 (-46.2%), from €25,076 to €13,490
of which Furniture and vehicles: -€11,541
- Profit (loss) carried forward -€43,386
down €43,386 (-17.6%), from €246,875 to €203,489
- Other debts +€39,327
new in 2025: €39,327
- Tax, wage and social debts +€15,684
up €15,684 (+3,410%), from €460 to €16,144
- Debts after one year -€7,265
down €7,265 (-59.4%), from €12,224 to €4,960
- Current portion of long-term debt -€4,257
down €4,257 (-36.9%), from €11,522 to €7,265
- Gross operating margin -€89,394
down €89,394 (-51.5%), from €173,423 to €84,029
- Taxes -€20,046
down €20,046 (-56.7%), from €35,361 to €15,315
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 | €284,793 | €287,070 | +€2,276 | +0.8% |
| Fixed assets | 21/28 | €25,076 | €13,490 | -€11,587 | -46.2% |
| Tangible fixed assets | 22/27 | €25,076 | €13,490 | -€11,587 | -46.2% |
| Plant, machinery and equipment | 23 | €460 | €414 | -€46 | -9.9% |
| Furniture and vehicles | 24 | €24,617 | €13,076 | -€11,541 | -46.9% |
| Current assets | 29/58 | €259,717 | €273,580 | +€13,863 | +5.3% |
| Amounts receivable within one year | 40/41 | €35,208 | €16,325 | -€18,883 | -53.6% |
| Trade receivables | 40 | €4,746 | €14,453 | +€9,707 | +205% |
| Other amounts receivable | 41 | €30,463 | €1,872 | -€28,591 | -93.9% |
| Cash at bank and in hand | 54/58 | €221,816 | €234,442 | +€12,625 | +5.7% |
| Deferred charges and accrued income | 490/1 | €2,692 | €22,813 | +€20,121 | +747% |
| Total equity and liabilities | 10/49 | €284,793 | €287,070 | +€2,276 | +0.8% |
| Equity | 10/15 | €256,875 | €213,489 | -€43,386 | -16.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €246,875 | €203,489 | -€43,386 | -17.6% |
| Amounts payable | 17/49 | €27,918 | €73,580 | +€45,662 | +164% |
| Amounts payable after more than one year | 17 | €12,224 | €4,960 | -€7,265 | -59.4% |
| Financial debts | 170/4 | €12,224 | €4,960 | -€7,265 | -59.4% |
| Amounts payable within one year | 42/48 | €15,694 | €68,621 | +€52,927 | +337% |
| Current portion of amounts payable after more than one year | 42 | €11,522 | €7,265 | -€4,257 | -36.9% |
| Trade debts | 44 | €3,712 | €5,885 | +€2,173 | +58.5% |
| Suppliers | 440/4 | €3,712 | €5,885 | +€2,173 | +58.5% |
| Taxes, remuneration and social security | 45 | €460 | €16,144 | +€15,684 | +3,410% |
| Taxes | 450/3 | €460 | €16,144 | +€15,684 | +3,410% |
| Other amounts payable | 47/48 | - | €39,327 | +€39,327 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,390 | €12,134 | -€1,257 | -9.4% |
| Gross operating margin | 9900 | €173,423 | €84,029 | -€89,394 | -51.5% |
| Operating profit (loss) | 9901 | €160,033 | €71,895 | -€88,137 | -55.1% |
| Financial income | 75/76B | €167 | €531 | +€363 | +217% |
| Recurring financial income | 75 | €167 | €531 | +€363 | +217% |
| Financial charges | 65/66B | €813 | €496 | -€317 | -39.0% |
| Recurring financial charges | 65 | €813 | €496 | -€317 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €159,387 | €71,929 | -€87,457 | -54.9% |
| Income taxes | 67/77 | €35,361 | €15,315 | -€20,046 | -56.7% |
| Profit (loss) for the period | 9904 | €124,025 | €56,614 | -€67,411 | -54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €124,025 | €56,614 | -€67,411 | -54.4% |
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 16 October 2026 via checked.be.