ABRAZO: 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.
ABRAZO
Largest movements
- Receivables within one year -€6,567
down €6,567 (-47.9%), from €13,723 to €7,156
- Cash +€3,161
up €3,161 (+7.3%), from €43,471 to €46,632
mainly Receivables within one year (+€6,567) and Trade debts (+€1,543)
- Tax, wage and social debts -€4,529
down €4,529 (-9.6%), from €47,046 to €42,517
of which Remuneration and social security: -€2,603
- Trade debts +€1,543
up €1,543 (+120.0%), from €1,286 to €2,829
- Other debts -€883
no longer reported in 2025 (was €883)
- Profit (loss) carried forward +€846
up €846 (+85.7%), from €987 to €1,833
- Turnover -€5,938
down €5,938 (-18.2%), from €32,676 to €26,738
- Purchases and services -€4,000
down €4,000 (-14.4%), from €27,785 to €23,785
- Gross operating margin -€1,938
down €1,938 (-39.6%), from €4,891 to €2,953
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 | €58,261 | €55,238 | -€3,023 | -5.2% |
| Fixed assets | 21/28 | €1,067 | €1,450 | +€383 | +35.9% |
| Tangible fixed assets | 22/27 | €323 | €706 | +€383 | +118.6% |
| Furniture and vehicles | 24 | €323 | €706 | +€383 | +118.6% |
| Financial fixed assets | 28 | €744 | €744 | = | 0.0% |
| Current assets | 29/58 | €57,194 | €53,788 | -€3,406 | -6.0% |
| Amounts receivable within one year | 40/41 | €13,723 | €7,156 | -€6,567 | -47.9% |
| Trade receivables | 40 | €13,723 | €7,156 | -€6,567 | -47.9% |
| Cash at bank and in hand | 54/58 | €43,471 | €46,632 | +€3,161 | +7.3% |
| Total equity and liabilities | 10/49 | €58,261 | €55,238 | -€3,023 | -5.2% |
| Equity | 10/15 | €9,046 | €9,892 | +€846 | +9.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €987 | €1,833 | +€846 | +85.7% |
| Amounts payable | 17/49 | €49,215 | €45,346 | -€3,869 | -7.9% |
| Amounts payable within one year | 42/48 | €49,215 | €45,346 | -€3,869 | -7.9% |
| Trade debts | 44 | €1,286 | €2,829 | +€1,543 | +120.0% |
| Suppliers | 440/4 | €1,286 | €2,829 | +€1,543 | +120.0% |
| Taxes, remuneration and social security | 45 | €47,046 | €42,517 | -€4,529 | -9.6% |
| Taxes | 450/3 | €2,604 | €678 | -€1,926 | -74.0% |
| Remuneration and social security | 454/9 | €44,442 | €41,839 | -€2,603 | -5.9% |
| Other amounts payable | 47/48 | €883 | - | -€883 | |
| Turnover | 70 | €32,676 | €26,738 | -€5,938 | -18.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €27,785 | €23,785 | -€4,000 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €664 | €541 | -€123 | -18.5% |
| Other operating charges | 640/8 | €821 | €787 | -€34 | -4.1% |
| Gross operating margin | 9900 | €4,891 | €2,953 | -€1,938 | -39.6% |
| Operating profit (loss) | 9901 | €3,406 | €1,625 | -€1,781 | -52.3% |
| Financial charges | 65/66B | €724 | €779 | +€55 | +7.6% |
| Recurring financial charges | 65 | €724 | €779 | +€55 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €2,682 | €846 | -€1,836 | -68.5% |
| Profit (loss) for the period | 9904 | €2,682 | €846 | -€1,836 | -68.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,682 | €846 | -€1,836 | -68.5% |
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 3 October 2026 via checked.be.