ABO Operations: 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.
ABO Operations
Largest movements
- Receivables within one year -€148,189
down €148,189 (-44.1%), from €336,336 to €188,146
of which Trade receivables: -€145,188
- Cash +€80,206
up €80,206 (+50.5%), from €158,712 to €238,918
mainly Receivables within one year (+€148,189) and Investment in fixed assets (net) (+€1,613)
- Trade debts -€52,362
down €52,362 (-45.0%), from €116,270 to €63,908
- Tax, wage and social debts -€16,086
down €16,086 (-24.6%), from €65,418 to €49,332
of which Remuneration and social security: -€10,643
- Gross operating margin -€66,917
down €66,917 (-34.3%), from €195,248 to €128,331
- Staff costs -€58,343
down €58,343 (-32.7%), from €178,670 to €120,327
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €498,711 | €430,336 | -€68,376 | -13.7% |
| Fixed assets | 21/28 | €1,613 | - | -€1,613 | |
| Financial fixed assets | 28 | €1,613 | - | -€1,613 | |
| Current assets | 29/58 | €497,099 | €430,336 | -€66,763 | -13.4% |
| Amounts receivable within one year | 40/41 | €336,336 | €188,146 | -€148,189 | -44.1% |
| Trade receivables | 40 | €328,900 | €183,712 | -€145,188 | -44.1% |
| Other amounts receivable | 41 | €7,435 | €4,434 | -€3,001 | -40.4% |
| Cash at bank and in hand | 54/58 | €158,712 | €238,918 | +€80,206 | +50.5% |
| Deferred charges and accrued income | 490/1 | €2,051 | €3,271 | +€1,220 | +59.5% |
| Total equity and liabilities | 10/49 | €498,711 | €430,336 | -€68,376 | -13.7% |
| Equity | 10/15 | €317,023 | €317,096 | +€73 | 0.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €255,523 | €255,596 | +€73 | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €249,373 | €249,446 | +€73 | 0.0% |
| Amounts payable | 17/49 | €181,688 | €113,240 | -€68,448 | -37.7% |
| Amounts payable within one year | 42/48 | €181,688 | €113,240 | -€68,448 | -37.7% |
| Trade debts | 44 | €116,270 | €63,908 | -€52,362 | -45.0% |
| Suppliers | 440/4 | €116,270 | €63,908 | -€52,362 | -45.0% |
| Taxes, remuneration and social security | 45 | €65,418 | €49,332 | -€16,086 | -24.6% |
| Taxes | 450/3 | €17,813 | €12,370 | -€5,443 | -30.6% |
| Remuneration and social security | 454/9 | €47,605 | €36,962 | -€10,643 | -22.4% |
| Remuneration, social security and pensions | 62 | €178,670 | €120,327 | -€58,343 | -32.7% |
| Other operating charges | 640/8 | €1,122 | €2,704 | +€1,582 | +140.9% |
| Gross operating margin | 9900 | €195,248 | €128,331 | -€66,917 | -34.3% |
| Operating profit (loss) | 9901 | €15,456 | €5,300 | -€10,156 | -65.7% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €1,962 | €1,734 | -€228 | -11.6% |
| Recurring financial charges | 65 | €1,962 | €1,734 | -€228 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €13,499 | €3,566 | -€9,932 | -73.6% |
| Income taxes | 67/77 | €4,735 | €3,494 | -€1,241 | -26.2% |
| Profit (loss) for the period | 9904 | €8,764 | €73 | -€8,691 | -99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,764 | €73 | -€8,691 | -99.2% |
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 3 October 2026 via checked.be.