ABRACUS: what changed
Two fiscal 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.
ABRACUS
Largest movements
- Cash +€84,108
up €84,108 (+22.4%), from €375,417 to €459,526
mainly Net result for the year (+€105,934) and Receivables within one year (+€41,499)
- Receivables within one year -€41,499
down €41,499 (-36.0%), from €115,197 to €73,697
of which Other amounts receivable: -€23,424
- Deferred charges and accrued income -€10,986
down €10,986 (-95.2%), from €11,535 to €549
- Tangible fixed assets -€8,908
down €8,908 (-4.8%), from €184,287 to €175,379
of which Land and buildings: -€8,565
- Reserves +€54,561
up €54,561 (+9.1%), from €598,079 to €652,641
- Debts after one year -€10,750
down €10,750 (-100.0%), from €10,750 to €0
- Current portion of long-term debt -€10,470
down €10,470 (-49.3%), from €21,221 to €10,750
- Staff costs -€31,962
down €31,962 (-99.0%), from €32,294 to €331
- Gross operating margin -€14,810
down €14,810 (-5.1%), from €289,762 to €274,953
- Taxes +€8,798
up €8,798 (+20.3%), from €43,276 to €52,074
- Other operating charges +€6,081
up €6,081 (+5.9%), from €102,323 to €108,403
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.
Cash bridge derived
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 | €689,495 | €711,310 | +€21,815 | +3.2% |
| Fixed assets | 21/28 | €187,346 | €177,539 | -€9,808 | -5.2% |
| Intangible fixed assets | 21 | €3,059 | €2,159 | -€900 | -29.4% |
| Tangible fixed assets | 22/27 | €184,287 | €175,379 | -€8,908 | -4.8% |
| Land and buildings | 22 | €183,843 | €175,278 | -€8,565 | -4.7% |
| Plant, machinery and equipment | 23 | €444 | €101 | -€343 | -77.2% |
| Current assets | 29/58 | €502,149 | €533,772 | +€31,623 | +6.3% |
| Amounts receivable within one year | 40/41 | €115,197 | €73,697 | -€41,499 | -36.0% |
| Trade receivables | 40 | €87,092 | €69,017 | -€18,076 | -20.8% |
| Other amounts receivable | 41 | €28,104 | €4,681 | -€23,424 | -83.3% |
| Cash at bank and in hand | 54/58 | €375,417 | €459,526 | +€84,108 | +22.4% |
| Deferred charges and accrued income | 490/1 | €11,535 | €549 | -€10,986 | -95.2% |
| Total equity and liabilities | 10/49 | €689,495 | €711,310 | +€21,815 | +3.2% |
| Equity | 10/15 | €628,079 | €682,641 | +€54,561 | +8.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €598,079 | €652,641 | +€54,561 | +9.1% |
| Distributable reserves | 133 | €598,079 | €652,641 | +€54,561 | +9.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €61,416 | €28,669 | -€32,747 | -53.3% |
| Amounts payable after more than one year | 17 | €10,750 | €0 | -€10,750 | -100.0% |
| Financial debts | 170/4 | €10,750 | €0 | -€10,750 | -100.0% |
| Amounts payable within one year | 42/48 | €50,666 | €28,669 | -€21,996 | -43.4% |
| Current portion of amounts payable after more than one year | 42 | €21,221 | €10,750 | -€10,470 | -49.3% |
| Trade debts | 44 | €12,335 | €6,508 | -€5,827 | -47.2% |
| Suppliers | 440/4 | €12,335 | €6,508 | -€5,827 | -47.2% |
| Taxes, remuneration and social security | 45 | €16,874 | €11,411 | -€5,463 | -32.4% |
| Taxes | 450/3 | €14,040 | €8,577 | -€5,463 | -38.9% |
| Remuneration and social security | 454/9 | €2,833 | €2,833 | = | 0.0% |
| Other amounts payable | 47/48 | €236 | €0 | -€236 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €32,294 | €331 | -€31,962 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,868 | €9,808 | -€60 | -0.6% |
| Other operating charges | 640/8 | €102,323 | €108,403 | +€6,081 | +5.9% |
| Gross operating margin | 9900 | €289,762 | €274,953 | -€14,810 | -5.1% |
| Operating profit (loss) | 9901 | €145,278 | €156,410 | +€11,132 | +7.7% |
| Financial income | 75/76B | €1,937 | €2,864 | +€927 | +47.8% |
| Recurring financial income | 75 | €1,937 | €2,864 | +€927 | +47.8% |
| Financial charges | 65/66B | €1,673 | €1,266 | -€407 | -24.3% |
| Recurring financial charges | 65 | €1,673 | €1,266 | -€407 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €145,542 | €158,008 | +€12,466 | +8.6% |
| Income taxes | 67/77 | €43,276 | €52,074 | +€8,798 | +20.3% |
| Profit (loss) for the period | 9904 | €102,266 | €105,934 | +€3,668 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €102,266 | €105,934 | +€3,668 | +3.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.