ABPS: 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.
ABPS
Largest movements
- Tangible fixed assets -€51,036
down €51,036 (-28.1%), from €181,454 to €130,419
- Cash -€30,727
down €30,727 (-84.1%), from €36,555 to €5,827
mainly Net result for the year (-€48,870) and Debts after one year (-€21,676)
- Receivables within one year +€11,563
up €11,563 (+891%), from €1,298 to €12,861
- Profit (loss) carried forward -€48,870
down €48,870 (-50.8%), from -€96,199 to -€145,069
- Debts after one year -€21,676
down €21,676 (-15.5%), from €140,165 to €118,489
- Tax, wage and social debts -€9,905
down €9,905 (-23.5%), from €42,134 to €32,228
of which Remuneration and social security: -€7,617
- Trade debts +€9,254
up €9,254 (+64.6%), from €14,335 to €23,589
- Gross operating margin -€40,506
down €40,506 (-15.0%), from €269,337 to €228,830
- Staff costs -€24,665
down €24,665 (-10.2%), from €242,507 to €217,843
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 | €238,836 | €166,824 | -€72,012 | -30.2% |
| Formation expenses | 20 | €314 | €0 | -€314 | -100% |
| Fixed assets | 21/28 | €184,454 | €133,419 | -€51,036 | -27.7% |
| Tangible fixed assets | 22/27 | €181,454 | €130,419 | -€51,036 | -28.1% |
| Land and buildings | 22 | €123,723 | €99,828 | -€23,895 | -19.3% |
| Plant, machinery and equipment | 23 | €21,536 | €8,135 | -€13,401 | -62.2% |
| Furniture and vehicles | 24 | €36,195 | €22,456 | -€13,740 | -38.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €54,068 | €33,405 | -€20,663 | -38.2% |
| Stocks and contracts in progress | 3 | €16,097 | €14,595 | -€1,502 | -9.3% |
| Stocks | 30/36 | €16,097 | €14,595 | -€1,502 | -9.3% |
| Amounts receivable within one year | 40/41 | €1,298 | €12,861 | +€11,563 | +891% |
| Trade receivables | 40 | €1,298 | €12,861 | +€11,563 | +891% |
| Cash at bank and in hand | 54/58 | €36,555 | €5,827 | -€30,727 | -84.1% |
| Deferred charges and accrued income | 490/1 | €119 | €121 | +€3 | +2.5% |
| Total equity and liabilities | 10/49 | €238,836 | €166,824 | -€72,012 | -30.2% |
| Equity | 10/15 | -€76,199 | -€125,069 | -€48,870 | -64.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,199 | -€145,069 | -€48,870 | -50.8% |
| Amounts payable | 17/49 | €315,035 | €291,893 | -€23,142 | -7.3% |
| Amounts payable after more than one year | 17 | €140,165 | €118,489 | -€21,676 | -15.5% |
| Financial debts | 170/4 | €140,165 | €118,489 | -€21,676 | -15.5% |
| Amounts payable within one year | 42/48 | €172,923 | €171,272 | -€1,651 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €21,315 | €21,676 | +€361 | +1.7% |
| Trade debts | 44 | €14,335 | €23,589 | +€9,254 | +64.6% |
| Suppliers | 440/4 | €14,335 | €23,589 | +€9,254 | +64.6% |
| Taxes, remuneration and social security | 45 | €42,134 | €32,228 | -€9,905 | -23.5% |
| Taxes | 450/3 | €18,508 | €16,219 | -€2,289 | -12.4% |
| Remuneration and social security | 454/9 | €23,626 | €16,009 | -€7,617 | -32.2% |
| Other amounts payable | 47/48 | €95,139 | €93,780 | -€1,360 | -1.4% |
| Accrued charges and deferred income | 492/3 | €1,947 | €2,131 | +€184 | +9.5% |
| Remuneration, social security and pensions | 62 | €242,507 | €217,843 | -€24,665 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,378 | €53,920 | -€458 | -0.8% |
| Other operating charges | 640/8 | €2,473 | €596 | -€1,877 | -75.9% |
| Gross operating margin | 9900 | €269,337 | €228,830 | -€40,506 | -15.0% |
| Operating profit (loss) | 9901 | -€30,021 | -€43,528 | -€13,507 | -45.0% |
| Financial income | 75/76B | €3 | €16 | +€13 | +488% |
| Recurring financial income | 75 | €3 | €16 | +€13 | +488% |
| Financial charges | 65/66B | €2,528 | €5,147 | +€2,619 | +104% |
| Recurring financial charges | 65 | €2,528 | €5,147 | +€2,619 | +104% |
| Profit (loss) for the period before taxes | 9903 | -€32,547 | -€48,660 | -€16,113 | -49.5% |
| Income taxes | 67/77 | €279 | €211 | -€68 | -24.5% |
| Profit (loss) for the period | 9904 | -€32,826 | -€48,870 | -€16,044 | -48.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,826 | -€48,870 | -€16,044 | -48.9% |
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 27 October 2026 via checked.be.