ABS: 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.
ABS
Largest movements
- Cash +€42,693
up €42,693 (+62.0%), from €68,845 to €111,539
mainly Net result for the year (+€59,421) and Receivables within one year (+€1,277)
- Reserves +€40,533
up €40,533 (+447.2%), from €9,064 to €49,597
of which Distributable reserves: +€34,333
- Profit (loss) carried forward +€18,888
no longer reported in 2025 (was -€18,888)
- Tax, wage and social debts -€17,738
down €17,738 (-18.4%), from €96,356 to €78,618
of which Remuneration and social security: -€34,711
- Staff costs -€71,746
down €71,746 (-14.0%), from €513,939 to €442,193
- Taxes +€19,228
up €19,228 (+2489.2%), from €772 to €20,000
- Gross operating margin +€14,136
up €14,136 (+2.8%), from €508,430 to €522,565
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 | €152,445 | €193,862 | +€41,417 | +27.2% |
| Current assets | 29/58 | €152,445 | €193,862 | +€41,417 | +27.2% |
| Amounts receivable within one year | 40/41 | €83,600 | €82,323 | -€1,277 | -1.5% |
| Trade receivables | 40 | €82,643 | €82,057 | -€586 | -0.7% |
| Other amounts receivable | 41 | €957 | €266 | -€691 | -72.2% |
| Cash at bank and in hand | 54/58 | €68,845 | €111,539 | +€42,693 | +62.0% |
| Total equity and liabilities | 10/49 | €152,445 | €193,862 | +€41,417 | +27.2% |
| Equity | 10/15 | €52,176 | €111,597 | +€59,421 | +113.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €9,064 | €49,597 | +€40,533 | +447.2% |
| Non-distributable reserves | 130/1 | €1,860 | €8,060 | +€6,200 | +333.3% |
| Legal reserve | 130 | - | €6,200 | +€6,200 | |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,204 | €41,537 | +€34,333 | +476.6% |
| Profit (loss) carried forward | 14 | -€18,888 | - | +€18,888 | |
| Amounts payable | 17/49 | €100,269 | €82,265 | -€18,004 | -18.0% |
| Amounts payable within one year | 42/48 | €100,269 | €82,265 | -€18,004 | -18.0% |
| Trade debts | 44 | €3,913 | €3,647 | -€266 | -6.8% |
| Suppliers | 440/4 | €3,913 | €3,647 | -€266 | -6.8% |
| Taxes, remuneration and social security | 45 | €96,356 | €78,618 | -€17,738 | -18.4% |
| Taxes | 450/3 | €13,454 | €30,427 | +€16,972 | +126.1% |
| Remuneration and social security | 454/9 | €82,902 | €48,191 | -€34,711 | -41.9% |
| Remuneration, social security and pensions | 62 | €513,939 | €442,193 | -€71,746 | -14.0% |
| Other operating charges | 640/8 | €896 | €15 | -€881 | -98.3% |
| Gross operating margin | 9900 | €508,430 | €522,565 | +€14,136 | +2.8% |
| Operating profit (loss) | 9901 | -€6,406 | €80,357 | +€86,763 | |
| Financial income | 75/76B | €482 | €0 | -€482 | -100.0% |
| Recurring financial income | 75 | €482 | €0 | -€482 | -100.0% |
| Financial charges | 65/66B | €1,030 | €936 | -€94 | -9.1% |
| Recurring financial charges | 65 | €1,030 | €936 | -€94 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,954 | €79,421 | +€86,375 | |
| Income taxes | 67/77 | €772 | €20,000 | +€19,228 | +2489.2% |
| Profit (loss) for the period | 9904 | -€7,727 | €59,421 | +€67,147 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,727 | €59,421 | +€67,147 |
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 5 October 2026 via checked.be.