ABORDS: 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.
ABORDS
Largest movements
- Tangible fixed assets -€18,865
down €18,865 (-75.7%), from €24,921 to €6,055
of which Furniture and vehicles: -€10,196
- Receivables within one year -€2,285
down €2,285 (-42.9%), from €5,324 to €3,039
of which Other amounts receivable: -€2,487
- Cash +€1,278
up €1,278 (+26.0%), from €4,910 to €6,189
mainly Investment in fixed assets (net) (+€9,654) and Depreciation (+€9,212)
- Debts after one year -€8,196
down €8,196 (-85.9%), from €9,538 to €1,341
- Profit (loss) carried forward -€6,573
down €6,573 (-39.1%), from -€16,817 to -€23,390
- Trade debts -€2,532
down €2,532 (-97.7%), from €2,592 to €61
- Other debts -€1,818
down €1,818 (-99.7%), from €1,824 to €5
- Current portion of long-term debt -€1,364
down €1,364 (-12.5%), from €10,919 to €9,555
- Depreciation -€8,082
down €8,082 (-46.7%), from €17,294 to €9,212
- Gross operating margin -€2,770
down €2,770 (-26.9%), from €10,294 to €7,524
- Other operating charges -€396
down €396 (-53.8%), from €737 to €341
- Financial income -€211
down €211 (-88.3%), from €239 to €28
- Financial charges -€139
down €139 (-14.0%), from €994 to €855
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 | €35,295 | €15,423 | -€19,872 | -56.3% |
| Fixed assets | 21/28 | €25,061 | €6,195 | -€18,865 | -75.3% |
| Tangible fixed assets | 22/27 | €24,921 | €6,055 | -€18,865 | -75.7% |
| Plant, machinery and equipment | 23 | €6,458 | €2,315 | -€4,143 | -64.2% |
| Furniture and vehicles | 24 | €10,290 | €94 | -€10,196 | -99.1% |
| Leasing and similar rights | 25 | €8,174 | €3,646 | -€4,527 | -55.4% |
| Financial fixed assets | 28 | €140 | €140 | = | 0.0% |
| Current assets | 29/58 | €10,234 | €9,228 | -€1,006 | -9.8% |
| Amounts receivable within one year | 40/41 | €5,324 | €3,039 | -€2,285 | -42.9% |
| Trade receivables | 40 | €837 | €1,039 | +€202 | +24.1% |
| Other amounts receivable | 41 | €4,487 | €2,000 | -€2,487 | -55.4% |
| Cash at bank and in hand | 54/58 | €4,910 | €6,189 | +€1,278 | +26.0% |
| Total equity and liabilities | 10/49 | €35,295 | €15,423 | -€19,872 | -56.3% |
| Equity | 10/15 | €9,743 | €3,170 | -€6,573 | -67.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,360 | €20,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €18,500 | €18,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,817 | -€23,390 | -€6,573 | -39.1% |
| Amounts payable | 17/49 | €25,552 | €12,253 | -€13,299 | -52.0% |
| Amounts payable after more than one year | 17 | €9,538 | €1,341 | -€8,196 | -85.9% |
| Financial debts | 170/4 | €9,538 | €1,341 | -€8,196 | -85.9% |
| Amounts payable within one year | 42/48 | €16,015 | €10,912 | -€5,103 | -31.9% |
| Current portion of amounts payable after more than one year | 42 | €10,919 | €9,555 | -€1,364 | -12.5% |
| Trade debts | 44 | €2,592 | €61 | -€2,532 | -97.7% |
| Suppliers | 440/4 | €2,592 | €61 | -€2,532 | -97.7% |
| Taxes, remuneration and social security | 45 | €681 | €1,291 | +€611 | +89.7% |
| Taxes | 450/3 | €681 | €1,291 | +€611 | +89.7% |
| Other amounts payable | 47/48 | €1,824 | €5 | -€1,818 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,294 | €9,212 | -€8,082 | -46.7% |
| Other operating charges | 640/8 | €737 | €341 | -€396 | -53.8% |
| Non-recurring operating charges | 66A | - | €3,717 | +€3,717 | |
| Gross operating margin | 9900 | €10,294 | €7,524 | -€2,770 | -26.9% |
| Operating profit (loss) | 9901 | -€7,737 | -€5,746 | +€1,991 | +25.7% |
| Financial income | 75/76B | €239 | €28 | -€211 | -88.3% |
| Recurring financial income | 75 | €239 | €28 | -€211 | -88.3% |
| Financial charges | 65/66B | €994 | €855 | -€139 | -14.0% |
| Recurring financial charges | 65 | €994 | €855 | -€139 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,492 | -€6,573 | +€1,919 | +22.6% |
| Profit (loss) for the period | 9904 | -€8,492 | -€6,573 | +€1,919 | +22.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,492 | -€6,573 | +€1,919 | +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 20 October 2026 via checked.be.