ABO Logistics: 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 Logistics
Largest movements
- Cash +€30,567
up €30,567 (+115%), from €26,670 to €57,237
mainly Other debts (+€121,475) and Depreciation (+€11,651)
- Receivables within one year +€10,738
up €10,738 (+37.4%), from €28,678 to €39,416
- Tangible fixed assets +€7,614
up €7,614 (+2.4%), from €323,675 to €331,289
of which Furniture and vehicles: +€15,095
- Other debts +€121,475
up €121,475 (+3.3%), from €3.7m to €3.8m
- Profit (loss) carried forward -€70,405
down €70,405 (-2.0%), from -€3.5m to -€3.6m
- Trade debts -€7,552
down €7,552 (-29.0%), from €26,065 to €18,514
- Gross operating margin -€628,072
down €628,072 (-88.8%), from €707,276 to €79,204
- Financial charges -€128,345
down €128,345 (-51.3%), from €250,339 to €121,994
of which Non-recurring financial charges: -€75,797
- Depreciation -€35,426
down €35,426 (-75.3%), from €47,077 to €11,651
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 | €379,744 | €428,662 | +€48,919 | +12.9% |
| Fixed assets | 21/28 | €323,675 | €331,289 | +€7,614 | +2.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €323,675 | €331,289 | +€7,614 | +2.4% |
| Land and buildings | 22 | €304,646 | €297,646 | -€6,999 | -2.3% |
| Plant, machinery and equipment | 23 | €4,230 | €3,749 | -€481 | -11.4% |
| Furniture and vehicles | 24 | €14,799 | €29,893 | +€15,095 | +102% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €56,069 | €97,373 | +€41,304 | +73.7% |
| Amounts receivable within one year | 40/41 | €28,678 | €39,416 | +€10,738 | +37.4% |
| Trade receivables | 40 | €28,678 | €39,416 | +€10,738 | +37.4% |
| Current investments | 50/53 | €720 | €720 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €26,670 | €57,237 | +€30,567 | +115% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €379,744 | €428,662 | +€48,919 | +12.9% |
| Equity | 10/15 | -€3,345,583 | -€3,415,988 | -€70,405 | -2.1% |
| Contributions | 10/11 | €136,883 | €136,883 | = | 0.0% |
| Capital | 10 | €136,883 | €136,883 | = | 0.0% |
| Issued capital | 100 | €136,883 | €136,883 | = | 0.0% |
| Reserves | 13 | €13,688 | €13,688 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,688 | €13,688 | = | 0.0% |
| Legal reserve | 130 | €13,688 | €13,688 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,496,154 | -€3,566,559 | -€70,405 | -2.0% |
| Amounts payable | 17/49 | €3,725,326 | €3,844,650 | +€119,324 | +3.2% |
| Amounts payable within one year | 42/48 | €3,725,001 | €3,842,914 | +€117,913 | +3.2% |
| Trade debts | 44 | €26,065 | €18,514 | -€7,552 | -29.0% |
| Suppliers | 440/4 | €26,065 | €18,514 | -€7,552 | -29.0% |
| Taxes, remuneration and social security | 45 | €6,701 | €10,691 | +€3,990 | +59.5% |
| Taxes | 450/3 | €6,701 | €10,691 | +€3,990 | +59.5% |
| Other amounts payable | 47/48 | €3,692,235 | €3,813,710 | +€121,475 | +3.3% |
| Accrued charges and deferred income | 492/3 | €325 | €1,736 | +€1,411 | +434% |
| Non-recurring operating income | 76A | €628,122 | €9,598 | -€618,524 | -98.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,077 | €11,651 | -€35,426 | -75.3% |
| Other operating charges | 640/8 | €10,723 | €13,360 | +€2,636 | +24.6% |
| Non-recurring operating charges | 66A | €490,071 | - | -€490,071 | |
| Gross operating margin | 9900 | €707,276 | €79,204 | -€628,072 | -88.8% |
| Operating profit (loss) | 9901 | €159,405 | €54,194 | -€105,211 | -66.0% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Non-recurring financial income | 76B | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €250,339 | €121,994 | -€128,345 | -51.3% |
| Recurring financial charges | 65 | €174,541 | €121,994 | -€52,548 | -30.1% |
| Non-recurring financial charges | 66B | €75,797 | - | -€75,797 | |
| Profit (loss) for the period before taxes | 9903 | -€90,932 | -€67,800 | +€23,133 | +25.4% |
| Income taxes | 67/77 | - | €2,605 | +€2,605 | |
| Profit (loss) for the period | 9904 | -€90,932 | -€70,405 | +€20,527 | +22.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€90,932 | -€70,405 | +€20,527 | +22.6% |
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.