Aboleris Holdco: 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.
Aboleris Holdco
Largest movements
- Current investments +€4.0m
new in 2025: €4.0m
- Cash -€2.4m
down €2.4m (-72.8%), from €3.3m to €888,423
mainly Net result for the year (-€5.8m) and Current investments (-€4.0m)
- Contributions +€7.5m
up €7.5m (+31.9%), from €23.5m to €31.0m
- Profit (loss) carried forward -€5.8m
down €5.8m (-53.3%), from -€10.9m to -€16.7m
- Trade debts -€157,366
down €157,366 (-23.6%), from €667,120 to €509,754
- Gross operating margin +€2.0m
up €2.0m (+25.5%), from -€7.8m to -€5.8m
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 | €13,267,316 | €14,802,684 | +€1.5m | +11.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €9,763,045 | €9,730,844 | -€32,201 | -0.3% |
| Intangible fixed assets | 21 | €8,079 | €7,730 | -€349 | -4.3% |
| Tangible fixed assets | 22/27 | €6,743 | €3,637 | -€3,106 | -46.1% |
| Furniture and vehicles | 24 | €6,743 | €3,637 | -€3,106 | -46.1% |
| Financial fixed assets | 28 | €9,748,223 | €9,719,477 | -€28,746 | -0.3% |
| Current assets | 29/58 | €3,504,271 | €5,071,840 | +€1.6m | +44.7% |
| Amounts receivable within one year | 40/41 | €227,718 | €160,403 | -€67,316 | -29.6% |
| Other amounts receivable | 41 | €227,718 | €160,403 | -€67,316 | -29.6% |
| Current investments | 50/53 | - | €4,000,000 | +€4.0m | |
| Cash at bank and in hand | 54/58 | €3,263,270 | €888,423 | -€2.4m | -72.8% |
| Deferred charges and accrued income | 490/1 | €13,283 | €23,014 | +€9,732 | +73.3% |
| Total equity and liabilities | 10/49 | €13,267,316 | €14,802,684 | +€1.5m | +11.6% |
| Equity | 10/15 | €12,600,196 | €14,292,930 | +€1.7m | +13.4% |
| Contributions | 10/11 | €23,489,477 | €30,988,985 | +€7.5m | +31.9% |
| Capital | 10 | €23,489,477 | €30,988,985 | +€7.5m | +31.9% |
| Issued capital | 100 | €23,489,477 | €30,988,985 | +€7.5m | +31.9% |
| Profit (loss) carried forward | 14 | -€10,889,281 | -€16,696,055 | -€5.8m | -53.3% |
| Amounts payable | 17/49 | €667,120 | €509,754 | -€157,366 | -23.6% |
| Amounts payable within one year | 42/48 | €667,120 | €509,754 | -€157,366 | -23.6% |
| Trade debts | 44 | €667,120 | €509,754 | -€157,366 | -23.6% |
| Suppliers | 440/4 | €667,120 | €509,754 | -€157,366 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,598 | €8,955 | -€5,644 | -38.7% |
| Other operating charges | 640/8 | €387 | €1,352 | +€965 | +249% |
| Gross operating margin | 9900 | -€7,805,092 | -€5,812,529 | +€2.0m | +25.5% |
| Operating profit (loss) | 9901 | -€7,820,078 | -€5,822,836 | +€2.0m | +25.5% |
| Financial income | 75/76B | €80,364 | €31,265 | -€49,099 | -61.1% |
| Recurring financial income | 75 | €80,364 | €31,265 | -€49,099 | -61.1% |
| Financial charges | 65/66B | €42,993 | €7,401 | -€35,592 | -82.8% |
| Recurring financial charges | 65 | €42,993 | €7,401 | -€35,592 | -82.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,782,707 | -€5,798,972 | +€2.0m | +25.5% |
| Income taxes | 67/77 | €3 | €7,802 | +€7,799 | +226,716% |
| Profit (loss) for the period | 9904 | -€7,782,711 | -€5,806,774 | +€2.0m | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,782,711 | -€5,806,774 | +€2.0m | +25.4% |
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 14 October 2026 via checked.be.