ABRAHAM HW: 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.
ABRAHAM HW
Largest movements
- Stocks and contracts +€16,716
up €16,716 (+595%), from €2,808 to €19,524
- Cash -€5,699
down €5,699 (-50.3%), from €11,340 to €5,641
mainly Stocks and contracts (-€16,716) and Receivables within one year (-€3,802)
- Receivables within one year +€3,802
up €3,802 (+3,124%), from €122 to €3,923
- Tax, wage and social debts +€7,716
up €7,716 (+502%), from €1,537 to €9,253
of which Remuneration and social security: +€6,000
- Trade debts +€4,315
up €4,315 (+220%), from €1,957 to €6,272
- Profit (loss) carried forward +€4,288
up €4,288 (+119%), from €3,599 to €7,887
- Accrued charges and deferred income -€1,500
no longer reported in 2025 (was €1,500)
- Turnover +€13,938
up €13,938 (+17.3%), from €80,431 to €94,369
- Purchases and services +€13,053
up €13,053 (+16.4%), from €79,697 to €92,750
- Gross operating margin +€3,750
up €3,750 (+82.3%), from €4,559 to €8,309
- Other operating charges +€1,471
up €1,471 (+8,848%), from €17 to €1,487
- Financial charges +€1,417
up €1,417 (+3,221%), from €44 to €1,461
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 | €18,770 | €33,589 | +€14,819 | +78.9% |
| Fixed assets | 21/28 | €4,500 | €4,500 | = | 0.0% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €14,270 | €29,089 | +€14,819 | +104% |
| Stocks and contracts in progress | 3 | €2,808 | €19,524 | +€16,716 | +595% |
| Stocks | 30/36 | €2,808 | €19,524 | +€16,716 | +595% |
| Amounts receivable within one year | 40/41 | €122 | €3,923 | +€3,802 | +3,124% |
| Trade receivables | 40 | €122 | €3,923 | +€3,802 | +3,124% |
| Cash at bank and in hand | 54/58 | €11,340 | €5,641 | -€5,699 | -50.3% |
| Total equity and liabilities | 10/49 | €18,770 | €33,589 | +€14,819 | +78.9% |
| Equity | 10/15 | €13,776 | €18,064 | +€4,288 | +31.1% |
| Contributions | 10/11 | €10,177 | €10,177 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,599 | €7,887 | +€4,288 | +119% |
| Amounts payable | 17/49 | €4,994 | €15,525 | +€10,531 | +211% |
| Amounts payable within one year | 42/48 | €3,494 | €15,525 | +€12,031 | +344% |
| Trade debts | 44 | €1,957 | €6,272 | +€4,315 | +220% |
| Suppliers | 440/4 | €1,957 | €6,272 | +€4,315 | +220% |
| Taxes, remuneration and social security | 45 | €1,537 | €9,253 | +€7,716 | +502% |
| Taxes | 450/3 | €1,537 | €3,253 | +€1,716 | +112% |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Accrued charges and deferred income | 492/3 | €1,500 | - | -€1,500 | |
| Turnover | 70 | €80,431 | €94,369 | +€13,938 | +17.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €79,697 | €92,750 | +€13,053 | +16.4% |
| Other operating charges | 640/8 | €17 | €1,487 | +€1,471 | +8,848% |
| Gross operating margin | 9900 | €4,559 | €8,309 | +€3,750 | +82.3% |
| Operating profit (loss) | 9901 | €4,543 | €6,822 | +€2,279 | +50.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +2,100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +2,100% |
| Financial charges | 65/66B | €44 | €1,461 | +€1,417 | +3,221% |
| Recurring financial charges | 65 | €44 | €1,461 | +€1,417 | +3,221% |
| Profit (loss) for the period before taxes | 9903 | €4,499 | €5,361 | +€862 | +19.2% |
| Income taxes | 67/77 | €900 | €1,073 | +€173 | +19.2% |
| Profit (loss) for the period | 9904 | €3,599 | €4,288 | +€689 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,599 | €4,288 | +€689 | +19.2% |
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 20 October 2026 via checked.be.