ABOCO: what changed
ABOCO
Largest movements
- Cash +€141,758
up €141,758 (+72.1%), from €196,644 to €338,402
mainly Trade debts (+€69,241) and Net result for the year (+€42,339)
- Receivables within one year -€14,660
down €14,660 (-16.8%), from €87,147 to €72,487
of which Trade receivables: -€17,900
- Trade debts +€69,241
up €69,241 (+62.9%), from €110,128 to €179,369
- Reserves +€39,966
up €39,966 (+22.8%), from €175,649 to €215,614
of which Distributable reserves: +€39,966
- Accrued charges and deferred income +€31,966
up €31,966 (+4,734%), from €675 to €32,641
- Tax, wage and social debts -€14,179
down €14,179 (-48.0%), from €29,545 to €15,366
of which Taxes: -€7,580
- Other debts -€12,055
no longer reported in 2025 (was €12,055)
- Staff costs -€22,308
down €22,308 (-43.7%), from €51,006 to €28,697
- Gross operating margin +€9,736
up €9,736 (+8.8%), from €110,848 to €120,584
- Taxes +€8,521
up €8,521 (+60.8%), from €14,022 to €22,543
- Depreciation +€2,237
up €2,237 (+13.7%), from €16,322 to €18,558
- Other operating charges +€1,639
up €1,639 (+44.2%), from €3,704 to €5,343
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €379,897 | €503,812 | +€123,915 | +32.6% |
| Fixed assets | 21/28 | €95,941 | €92,923 | -€3,018 | -3.1% |
| Tangible fixed assets | 22/27 | €90,868 | €87,850 | -€3,018 | -3.3% |
| Land and buildings | 22 | €64,454 | €55,237 | -€9,217 | -14.3% |
| Plant, machinery and equipment | 23 | €7,401 | €8,031 | +€630 | +8.5% |
| Furniture and vehicles | 24 | €19,012 | €24,581 | +€5,569 | +29.3% |
| Financial fixed assets | 28 | €5,073 | €5,073 | = | 0.0% |
| Current assets | 29/58 | €283,956 | €410,889 | +€126,933 | +44.7% |
| Amounts receivable within one year | 40/41 | €87,147 | €72,487 | -€14,660 | -16.8% |
| Trade receivables | 40 | €87,147 | €69,246 | -€17,900 | -20.5% |
| Other amounts receivable | 41 | - | €3,241 | +€3,241 | |
| Cash at bank and in hand | 54/58 | €196,644 | €338,402 | +€141,758 | +72.1% |
| Deferred charges and accrued income | 490/1 | €166 | - | -€166 | |
| Total equity and liabilities | 10/49 | €379,897 | €503,812 | +€123,915 | +32.6% |
| Equity | 10/15 | €194,983 | €237,321 | +€42,339 | +21.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €175,649 | €215,614 | +€39,966 | +22.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,425 | €2,425 | = | 0.0% |
| Distributable reserves | 133 | €171,364 | €211,329 | +€39,966 | +23.3% |
| Profit (loss) carried forward | 14 | €734 | €3,107 | +€2,373 | +323% |
| Amounts payable | 17/49 | €184,914 | €266,490 | +€81,576 | +44.1% |
| Amounts payable after more than one year | 17 | €26,077 | €21,574 | -€4,503 | -17.3% |
| Financial debts | 170/4 | €26,077 | €21,574 | -€4,503 | -17.3% |
| Amounts payable within one year | 42/48 | €158,162 | €212,275 | +€54,114 | +34.2% |
| Current portion of amounts payable after more than one year | 42 | €6,433 | €17,540 | +€11,106 | +173% |
| Trade debts | 44 | €110,128 | €179,369 | +€69,241 | +62.9% |
| Suppliers | 440/4 | €110,128 | €179,369 | +€69,241 | +62.9% |
| Taxes, remuneration and social security | 45 | €29,545 | €15,366 | -€14,179 | -48.0% |
| Taxes | 450/3 | €22,946 | €15,366 | -€7,580 | -33.0% |
| Remuneration and social security | 454/9 | €6,600 | - | -€6,600 | |
| Other amounts payable | 47/48 | €12,055 | - | -€12,055 | |
| Accrued charges and deferred income | 492/3 | €675 | €32,641 | +€31,966 | +4,734% |
| Remuneration, social security and pensions | 62 | €51,006 | €28,697 | -€22,308 | -43.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,322 | €18,558 | +€2,237 | +13.7% |
| Other operating charges | 640/8 | €3,704 | €5,343 | +€1,639 | +44.2% |
| Gross operating margin | 9900 | €110,848 | €120,584 | +€9,736 | +8.8% |
| Operating profit (loss) | 9901 | €39,817 | €67,985 | +€28,168 | +70.7% |
| Financial income | 75/76B | €46 | €1 | -€45 | -97.4% |
| Recurring financial income | 75 | €46 | €1 | -€45 | -97.4% |
| Financial charges | 65/66B | €1,850 | €3,104 | +€1,254 | +67.8% |
| Recurring financial charges | 65 | €1,850 | €3,104 | +€1,254 | +67.8% |
| Profit (loss) for the period before taxes | 9903 | €38,013 | €64,882 | +€26,869 | +70.7% |
| Income taxes | 67/77 | €14,022 | €22,543 | +€8,521 | +60.8% |
| Profit (loss) for the period | 9904 | €23,991 | €42,339 | +€18,348 | +76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,991 | €42,339 | +€18,348 | +76.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.