ABR concept: 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.
ABR concept
Largest movements
- Receivables within one year -€34,877
down €34,877 (-20.2%), from €173,044 to €138,167
of which Trade receivables: -€50,099
- Cash +€29,140
up €29,140 (+31.2%), from €93,440 to €122,580
mainly Provisions (+€50,000) and Net result for the year (+€44,844)
- Intangible fixed assets +€4,579
new in 2025: €4,579
- Provisions +€50,000
new in 2025: €50,000
- Trade debts -€41,211
down €41,211 (-43.4%), from €95,009 to €53,798
- Other debts -€39,768
down €39,768 (-91.7%), from €43,359 to €3,590
- Reserves +€26,278
up €26,278 (+25.9%), from €101,358 to €127,636
- Profit (loss) carried forward +€18,566
up €18,566, from -€18,566 to €0
- Gross operating margin +€81,258
up €81,258 (+88.8%), from €91,508 to €172,766
- Provisions +€50,000
new in 2025: €50,000
- Taxes +€15,217
new in 2025: €15,217
- Depreciation -€13,912
down €13,912 (-75.1%), from €18,528 to €4,615
- Financial charges -€2,424
down €2,424 (-43.7%), from €5,551 to €3,128
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 | €273,479 | €275,775 | +€2,296 | +0.8% |
| Fixed assets | 21/28 | €6,238 | €12,735 | +€6,497 | +104% |
| Intangible fixed assets | 21 | - | €4,579 | +€4,579 | |
| Tangible fixed assets | 22/27 | €6,238 | €8,156 | +€1,918 | +30.7% |
| Land and buildings | 22 | €0 | €0 | -€0 | -100% |
| Plant, machinery and equipment | 23 | €4,835 | €3,980 | -€854 | -17.7% |
| Furniture and vehicles | 24 | - | €3,891 | +€3,891 | |
| Other tangible fixed assets | 26 | €1,404 | €285 | -€1,119 | -79.7% |
| Current assets | 29/58 | €267,241 | €263,039 | -€4,201 | -1.6% |
| Amounts receivable within one year | 40/41 | €173,044 | €138,167 | -€34,877 | -20.2% |
| Trade receivables | 40 | €167,803 | €117,704 | -€50,099 | -29.9% |
| Other amounts receivable | 41 | €5,240 | €20,463 | +€15,223 | +290% |
| Cash at bank and in hand | 54/58 | €93,440 | €122,580 | +€29,140 | +31.2% |
| Deferred charges and accrued income | 490/1 | €757 | €2,292 | +€1,535 | +203% |
| Total equity and liabilities | 10/49 | €273,479 | €275,775 | +€2,296 | +0.8% |
| Equity | 10/15 | €101,392 | €146,236 | +€44,844 | +44.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €101,358 | €127,636 | +€26,278 | +25.9% |
| Distributable reserves | 133 | €101,358 | €127,636 | +€26,278 | +25.9% |
| Profit (loss) carried forward | 14 | -€18,566 | €0 | +€18,566 | |
| Provisions and deferred taxes | 16 | - | €50,000 | +€50,000 | |
| Provisions for liabilities and charges | 160/5 | - | €50,000 | +€50,000 | |
| Other liabilities and charges | 164/5 | - | €50,000 | +€50,000 | |
| Amounts payable | 17/49 | €172,087 | €79,539 | -€92,549 | -53.8% |
| Amounts payable after more than one year | 17 | €13,199 | €1,041 | -€12,158 | -92.1% |
| Financial debts | 170/4 | €13,199 | €1,041 | -€12,158 | -92.1% |
| Amounts payable within one year | 42/48 | €158,888 | €78,497 | -€80,391 | -50.6% |
| Current portion of amounts payable after more than one year | 42 | €11,553 | €12,158 | +€605 | +5.2% |
| Trade debts | 44 | €95,009 | €53,798 | -€41,211 | -43.4% |
| Suppliers | 440/4 | €95,009 | €53,798 | -€41,211 | -43.4% |
| Taxes, remuneration and social security | 45 | €8,968 | €8,951 | -€17 | -0.2% |
| Taxes | 450/3 | €965 | €477 | -€488 | -50.6% |
| Remuneration and social security | 454/9 | €8,003 | €8,474 | +€471 | +5.9% |
| Other amounts payable | 47/48 | €43,359 | €3,590 | -€39,768 | -91.7% |
| Remuneration, social security and pensions | 62 | €62,000 | €62,744 | +€744 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,528 | €4,615 | -€13,912 | -75.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €50,000 | +€50,000 | |
| Other operating charges | 640/8 | €3,919 | €3,105 | -€813 | -20.7% |
| Gross operating margin | 9900 | €91,508 | €172,766 | +€81,258 | +88.8% |
| Operating profit (loss) | 9901 | €7,062 | €52,301 | +€45,240 | +641% |
| Financial income | 75/76B | €9,083 | €10,887 | +€1,805 | +19.9% |
| Recurring financial income | 75 | €9,083 | €10,887 | +€1,805 | +19.9% |
| Financial charges | 65/66B | €5,551 | €3,128 | -€2,424 | -43.7% |
| Recurring financial charges | 65 | €5,551 | €3,128 | -€2,424 | -43.7% |
| Profit (loss) for the period before taxes | 9903 | €10,593 | €60,061 | +€49,468 | +467% |
| Income taxes | 67/77 | - | €15,217 | +€15,217 | |
| Profit (loss) for the period | 9904 | €10,593 | €44,844 | +€34,251 | +323% |
| Profit (loss) for the period to be appropriated | 9905 | €10,593 | €44,844 | +€34,251 | +323% |
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 15 October 2026 via checked.be.