Abracor: 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.
What changed
Abracor
NACE 46.649, Wholesale of other machinery and equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€104,286
2024 · €109,016-€4,730
Equity
€960,241
2024 · €1.0m-€77,714
Cash
€89,052
2024 · €217,413-€128,361
Balance sheet total
€1.9m
2024 · €2.0m-€104,378
Largest movements
Assets
- Cash -€128,361
down €128,361 (-59.0%), from €217,413 to €89,052
mainly Current portion of long-term debt (-€247,506) and Trade debts (-€183,109)
- Receivables within one year -€75,729
down €75,729 (-12.9%), from €585,030 to €509,301
of which Trade receivables: -€69,867
- Tangible fixed assets +€60,116
up €60,116 (+7.8%), from €773,441 to €833,557
of which Furniture and vehicles: +€89,867
- Stocks and contracts +€37,174
up €37,174 (+13.4%), from €278,103 to €315,277
Equity and liabilities
- Current portion of long-term debt -€247,506
down €247,506 (-90.3%), from €274,214 to €26,708
- Debts after one year +€223,806
new in 2025: €223,806
- Short-term financial debts +€200,000
up €200,000 (+400%), from €50,000 to €250,000
- Trade debts -€183,109
down €183,109 (-40.3%), from €454,808 to €271,699
- Reserves -€79,700
down €79,700 (-17.2%), from €464,499 to €384,799
of which Distributable reserves: -€85,000
Income statement
- Purchases and services -€173,541
down €173,541 (-8.1%), from €2.1m to €2.0m
- Turnover -€129,235
down €129,235 (-5.3%), from €2.4m to €2.3m
- Gross operating margin +€59,055
up €59,055 (+18.7%), from €315,066 to €374,121
- Depreciation +€35,438
up €35,438 (+70.6%), from €50,215 to €85,653
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.
Result 2024
€109,016
Gross operating margin
+€59,055
Staff costs
-€12,372
Depreciation
-€35,438
Write-downs
-€2,341
Provisions
-€4,148
Other operating charges
+€3,303
Financial income
+€792
Financial charges
-€5,731
Taxes
-€7,851
Result 2025
€104,286
raises the resultlowers the result
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.
From operations
+€23,898
Investment
-€146,558
Financing
-€5,700
Cash 2024
€217,413
From operations (derived)
+€23,898
Net result for the year
+€104,286
Depreciation
+€85,653
Stocks and contracts
-€37,174
Receivables within one year
+€75,729
Deferred charges and accrued income
-€1,633
Trade debts
-€183,109
Tax, wage and social debts
+€20,046
Other debts
+€2,000
Accrued charges and deferred income
-€41,901
Investment (derived)
-€146,558
Investment in fixed assets (net)
-€146,558
Financing
-€5,700
Debts after one year
+€223,806
Current portion of long-term debt
-€247,506
Short-term financial debts
+€200,000
Contributions, distributions and other
-€182,000
Cash 2025
€89,052
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,980,695 | €1,876,317 | -€104,378 | -5.3% |
| Fixed assets | 21/28 | €784,655 | €845,560 | +€60,905 | +7.8% |
| Intangible fixed assets | 21 | €11,184 | €11,974 | +€790 | +7.1% |
| Tangible fixed assets | 22/27 | €773,441 | €833,557 | +€60,116 | +7.8% |
| Land and buildings | 22 | €691,211 | €665,301 | -€25,911 | -3.7% |
| Plant, machinery and equipment | 23 | €30,820 | €26,979 | -€3,841 | -12.5% |
| Furniture and vehicles | 24 | €51,410 | €141,277 | +€89,867 | +175% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €1,196,040 | €1,030,757 | -€165,283 | -13.8% |
| Amounts receivable after more than one year | 29 | €102,500 | €102,500 | = | 0.0% |
| Other amounts receivable | 291 | €102,500 | €102,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €278,103 | €315,277 | +€37,174 | +13.4% |
| Stocks | 30/36 | €278,103 | €315,277 | +€37,174 | +13.4% |
| Amounts receivable within one year | 40/41 | €585,030 | €509,301 | -€75,729 | -12.9% |
| Trade receivables | 40 | €551,475 | €481,608 | -€69,867 | -12.7% |
| Other amounts receivable | 41 | €33,555 | €27,692 | -€5,863 | -17.5% |
| Cash at bank and in hand | 54/58 | €217,413 | €89,052 | -€128,361 | -59.0% |
| Deferred charges and accrued income | 490/1 | €12,995 | €14,628 | +€1,633 | +12.6% |
| Total equity and liabilities | 10/49 | €1,980,695 | €1,876,317 | -€104,378 | -5.3% |
| Equity | 10/15 | €1,037,954 | €960,241 | -€77,714 | -7.5% |
| Contributions | 10/11 | €460,000 | €460,000 | = | 0.0% |
| Capital | 10 | €460,000 | €460,000 | = | 0.0% |
| Issued capital | 100 | €460,000 | €460,000 | = | 0.0% |
| Revaluation surpluses | 12 | €112,225 | €112,225 | = | 0.0% |
| Reserves | 13 | €464,499 | €384,799 | -€79,700 | -17.2% |
| Non-distributable reserves | 130/1 | €25,565 | €30,865 | +€5,300 | +20.7% |
| Legal reserve | 130 | €25,565 | €30,865 | +€5,300 | +20.7% |
| Tax-exempt reserves | 132 | €106,934 | €106,934 | = | 0.0% |
| Distributable reserves | 133 | €332,000 | €247,000 | -€85,000 | -25.6% |
| Profit (loss) carried forward | 14 | €1,231 | €3,217 | +€1,986 | +161% |
| Amounts payable | 17/49 | €942,741 | €916,077 | -€26,664 | -2.8% |
| Amounts payable after more than one year | 17 | - | €223,806 | +€223,806 | |
| Financial debts | 170/4 | - | €223,806 | +€223,806 | |
| Amounts payable within one year | 42/48 | €891,150 | €682,581 | -€208,569 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €274,214 | €26,708 | -€247,506 | -90.3% |
| Financial debts | 43 | €50,000 | €250,000 | +€200,000 | +400% |
| Credit institutions | 430/8 | €50,000 | €250,000 | +€200,000 | +400% |
| Trade debts | 44 | €454,808 | €271,699 | -€183,109 | -40.3% |
| Suppliers | 440/4 | €454,808 | €271,699 | -€183,109 | -40.3% |
| Taxes, remuneration and social security | 45 | €17,128 | €37,174 | +€20,046 | +117% |
| Taxes | 450/3 | €3,381 | €22,903 | +€19,522 | +577% |
| Remuneration and social security | 454/9 | €13,747 | €14,271 | +€524 | +3.8% |
| Other amounts payable | 47/48 | €95,000 | €97,000 | +€2,000 | +2.1% |
| Accrued charges and deferred income | 492/3 | €51,591 | €9,690 | -€41,901 | -81.2% |
| Turnover | 70 | €2,444,482 | €2,315,247 | -€129,235 | -5.3% |
| Non-recurring operating income | 76A | - | €14,750 | +€14,750 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,129,416 | €1,955,875 | -€173,541 | -8.1% |
| Remuneration, social security and pensions | 62 | €95,668 | €108,040 | +€12,372 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,215 | €85,653 | +€35,438 | +70.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€760 | €1,581 | +€2,341 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€4,148 | - | +€4,148 | |
| Other operating charges | 640/8 | €15,503 | €12,200 | -€3,303 | -21.3% |
| Gross operating margin | 9900 | €315,066 | €374,121 | +€59,055 | +18.7% |
| Operating profit (loss) | 9901 | €158,588 | €166,648 | +€8,060 | +5.1% |
| Financial income | 75/76B | €5,588 | €6,380 | +€792 | +14.2% |
| Recurring financial income | 75 | €5,588 | €6,380 | +€792 | +14.2% |
| Financial charges | 65/66B | €19,968 | €25,699 | +€5,731 | +28.7% |
| Recurring financial charges | 65 | €19,968 | €25,699 | +€5,731 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €144,207 | €147,328 | +€3,121 | +2.2% |
| Income taxes | 67/77 | €35,191 | €43,042 | +€7,851 | +22.3% |
| Profit (loss) for the period | 9904 | €109,016 | €104,286 | -€4,730 | -4.3% |
| Transfer to tax-exempt reserves | 689 | €22,734 | - | -€22,734 | |
| Profit (loss) for the period to be appropriated | 9905 | €86,282 | €104,286 | +€18,004 | +20.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.