ABRASSART STEPHANE: what changed
What changed
ABRASSART STEPHANE
NACE 46.610, Wholesale trade
filed annual accounts (NBB)
Net result for the year
€34,429
2024 · €60,928-€26,500
Equity
€771,118
2024 · €740,049+€31,069
Cash
€148,258
2024 · €10,250+€138,008
Balance sheet total
€3.0m
2024 · €2.6m+€441,238
Largest movements
Assets
- Tangible fixed assets +€222,504
up €222,504 (+37.7%), from €589,826 to €812,331
of which Land and buildings: +€241,835
- Cash +€138,008
up €138,008 (+1,346%), from €10,250 to €148,258
mainly Debts after one year (+€552,742) and Short-term financial debts (+€81,591)
- Receivables after one year +€68,370
up €68,370 (+18.9%), from €361,766 to €430,136
Equity and liabilities
- Debts after one year +€552,742
up €552,742 (+82.6%), from €668,928 to €1.2m
of which Other amounts payable: +€277,143
- Trade debts -€214,810
down €214,810 (-39.7%), from €541,496 to €326,686
- Short-term financial debts +€81,591
up €81,591 (+19.7%), from €414,932 to €496,523
- Profit (loss) carried forward +€34,429
up €34,429 (+467%), from €7,368 to €41,797
- Advances received -€31,800
down €31,800 (-76.1%), from €41,800 to €10,000
Income statement
- Gross operating margin -€135,898
down €135,898 (-16.1%), from €845,897 to €709,999
- Staff costs -€88,142
down €88,142 (-15.3%), from €577,968 to €489,826
- Financial charges -€15,218
down €15,218 (-13.5%), from €112,352 to €97,135
- Taxes -€13,458
down €13,458 (-62.2%), from €21,629 to €8,171
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€60,928
Gross operating margin
-€135,898
Staff costs
+€88,142
Depreciation
-€4,662
Other operating charges
-€2,443
Financial income
-€314
Financial charges
+€15,218
Taxes
+€13,458
Result 2025
€34,429
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€228,688
Investment
-€288,763
Financing
+€655,459
Cash 2024
€10,250
From operations (derived)
-€228,688
Net result for the year
+€34,429
Depreciation
+€69,992
Receivables after one year
-€68,370
Stocks and contracts
-€16,017
Receivables within one year
+€18,159
Deferred charges and accrued income
-€18,232
Trade debts
-€214,810
Tax, wage and social debts
+€10,939
Advances received
-€31,800
Other debts
-€11,500
Accrued charges and deferred income
-€1,479
Investment (derived)
-€288,763
Investment in fixed assets (net)
-€288,763
Financing
+€655,459
Debts after one year
+€552,742
Current portion of long-term debt
+€24,486
Short-term financial debts
+€81,591
Contributions, distributions and other
-€3,360
Cash 2025
€148,258
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,603,121 | €3,044,359 | +€441,238 | +17.0% |
| Fixed assets | 21/28 | €616,994 | €835,765 | +€218,771 | +35.5% |
| Intangible fixed assets | 21 | €6,867 | €3,134 | -€3,733 | -54.4% |
| Tangible fixed assets | 22/27 | €589,826 | €812,331 | +€222,504 | +37.7% |
| Land and buildings | 22 | €493,694 | €735,529 | +€241,835 | +49.0% |
| Plant, machinery and equipment | 23 | €71,277 | €60,562 | -€10,716 | -15.0% |
| Furniture and vehicles | 24 | €4,261 | €2,147 | -€2,115 | -49.6% |
| Leasing and similar rights | 25 | €19,256 | €14,093 | -€5,163 | -26.8% |
| Other tangible fixed assets | 26 | €1,337 | - | -€1,337 | |
| Financial fixed assets | 28 | €20,300 | €20,300 | = | 0.0% |
| Current assets | 29/58 | €1,986,127 | €2,208,594 | +€222,468 | +11.2% |
| Amounts receivable after more than one year | 29 | €361,766 | €430,136 | +€68,370 | +18.9% |
| Other amounts receivable | 291 | €361,766 | €430,136 | +€68,370 | +18.9% |
| Stocks and contracts in progress | 3 | €1,376,302 | €1,392,318 | +€16,017 | +1.2% |
| Stocks | 30/36 | €1,376,302 | €1,392,318 | +€16,017 | +1.2% |
| Amounts receivable within one year | 40/41 | €217,570 | €199,411 | -€18,159 | -8.3% |
| Trade receivables | 40 | €174,557 | €187,112 | +€12,555 | +7.2% |
| Other amounts receivable | 41 | €43,013 | €12,299 | -€30,714 | -71.4% |
| Cash at bank and in hand | 54/58 | €10,250 | €148,258 | +€138,008 | +1,346% |
| Deferred charges and accrued income | 490/1 | €20,239 | €38,471 | +€18,232 | +90.1% |
| Total equity and liabilities | 10/49 | €2,603,121 | €3,044,359 | +€441,238 | +17.0% |
| Equity | 10/15 | €740,049 | €771,118 | +€31,069 | +4.2% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €707,500 | €707,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €700,000 | €700,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,368 | €41,797 | +€34,429 | +467% |
| Investment grants | 15 | €6,181 | €2,821 | -€3,360 | -54.4% |
| Amounts payable | 17/49 | €1,863,071 | €2,273,241 | +€410,170 | +22.0% |
| Amounts payable after more than one year | 17 | €668,928 | €1,221,671 | +€552,742 | +82.6% |
| Financial debts | 170/4 | €625,179 | €900,779 | +€275,599 | +44.1% |
| Other amounts payable | 178/9 | €43,749 | €320,892 | +€277,143 | +633% |
| Amounts payable within one year | 42/48 | €1,192,664 | €1,051,571 | -€141,094 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €85,018 | €109,504 | +€24,486 | +28.8% |
| Financial debts | 43 | €414,932 | €496,523 | +€81,591 | +19.7% |
| Credit institutions | 430/8 | €414,932 | €496,523 | +€81,591 | +19.7% |
| Trade debts | 44 | €541,496 | €326,686 | -€214,810 | -39.7% |
| Suppliers | 440/4 | €541,496 | €326,686 | -€214,810 | -39.7% |
| Advances received on contracts in progress | 46 | €41,800 | €10,000 | -€31,800 | -76.1% |
| Taxes, remuneration and social security | 45 | €96,919 | €107,858 | +€10,939 | +11.3% |
| Taxes | 450/3 | €12,548 | €107,858 | +€95,310 | +760% |
| Remuneration and social security | 454/9 | €84,371 | - | -€84,371 | |
| Other amounts payable | 47/48 | €12,500 | €1,000 | -€11,500 | -92.0% |
| Accrued charges and deferred income | 492/3 | €1,479 | - | -€1,479 | |
| Remuneration, social security and pensions | 62 | €577,968 | €489,826 | -€88,142 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,330 | €69,992 | +€4,662 | +7.1% |
| Other operating charges | 640/8 | €11,489 | €13,932 | +€2,443 | +21.3% |
| Gross operating margin | 9900 | €845,897 | €709,999 | -€135,898 | -16.1% |
| Operating profit (loss) | 9901 | €191,110 | €136,249 | -€54,861 | -28.7% |
| Financial income | 75/76B | €3,800 | €3,485 | -€314 | -8.3% |
| Recurring financial income | 75 | €3,800 | €3,485 | -€314 | -8.3% |
| Financial charges | 65/66B | €112,352 | €97,135 | -€15,218 | -13.5% |
| Recurring financial charges | 65 | €112,352 | €97,135 | -€15,218 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €82,558 | €42,600 | -€39,958 | -48.4% |
| Income taxes | 67/77 | €21,629 | €8,171 | -€13,458 | -62.2% |
| Profit (loss) for the period | 9904 | €60,928 | €34,429 | -€26,500 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €60,928 | €34,429 | -€26,500 | -43.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.