ABRAHAM: 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.
ABRAHAM
Largest movements
- Cash -€29,330
down €29,330 (-20.3%), from €144,632 to €115,302
mainly Investment in fixed assets (net) (-€19,200) and Net result for the year (-€10,748)
- Tangible fixed assets +€18,000
up €18,000 (+164.7%), from €10,926 to €28,926
- Profit (loss) carried forward -€10,748
down €10,748 (-7.7%), from €139,805 to €129,056
- Gross operating margin -€8,973
down €8,973, from €1,083 to -€7,890
- Depreciation -€2,466
down €2,466 (-67.3%), from €3,666 to €1,200
- Other operating charges +€385
up €385 (+43.7%), from €882 to €1,266
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 | €163,045 | €152,425 | -€10,620 | -6.5% |
| Fixed assets | 21/28 | €18,162 | €36,162 | +€18,000 | +99.1% |
| Tangible fixed assets | 22/27 | €10,926 | €28,926 | +€18,000 | +164.7% |
| Furniture and vehicles | 24 | €10,926 | €28,926 | +€18,000 | +164.7% |
| Financial fixed assets | 28 | €7,237 | €7,237 | = | 0.0% |
| Current assets | 29/58 | €144,882 | €116,263 | -€28,620 | -19.8% |
| Amounts receivable within one year | 40/41 | €251 | €961 | +€710 | +283.1% |
| Other amounts receivable | 41 | €251 | €961 | +€710 | +283.1% |
| Cash at bank and in hand | 54/58 | €144,632 | €115,302 | -€29,330 | -20.3% |
| Total equity and liabilities | 10/49 | €163,045 | €152,425 | -€10,620 | -6.5% |
| Equity | 10/15 | €160,265 | €149,516 | -€10,748 | -6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139,805 | €129,056 | -€10,748 | -7.7% |
| Amounts payable | 17/49 | €2,780 | €2,909 | +€129 | +4.6% |
| Amounts payable within one year | 42/48 | €2,780 | €2,909 | +€129 | +4.6% |
| Trade debts | 44 | €1,074 | €866 | -€209 | -19.4% |
| Suppliers | 440/4 | €1,074 | €866 | -€209 | -19.4% |
| Other amounts payable | 47/48 | €1,706 | €2,043 | +€337 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,666 | €1,200 | -€2,466 | -67.3% |
| Other operating charges | 640/8 | €882 | €1,266 | +€385 | +43.7% |
| Gross operating margin | 9900 | €1,083 | -€7,890 | -€8,973 | |
| Operating profit (loss) | 9901 | -€3,465 | -€10,356 | -€6,891 | -198.9% |
| Financial charges | 65/66B | €269 | €252 | -€16 | -6.1% |
| Recurring financial charges | 65 | €269 | €252 | -€16 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,734 | -€10,609 | -€6,875 | -184.1% |
| Income taxes | 67/77 | €132 | €140 | +€8 | +6.1% |
| Profit (loss) for the period | 9904 | -€3,865 | -€10,748 | -€6,883 | -178.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,865 | -€10,748 | -€6,883 | -178.1% |
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 2 October 2026 via checked.be.