ABS Belgium: 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.
ABS Belgium
Largest movements
- Receivables within one year +€1.6m
up €1.6m (+179%), from €881,407 to €2.5m
of which Trade receivables: +€1.5m
- Current investments -€388,944
down €388,944 (-100%), from €388,944 to €0
- Cash +€348,028
new in 2025: €348,028
mainly Net result for the year (+€1.1m) and Current investments (+€388,944)
- Reserves +€1.1m
up €1.1m (+101%), from €1.1m to €2.2m
of which Distributable reserves: +€1.1m
- Trade debts +€270,134
up €270,134 (+363%), from €74,454 to €344,588
- Tax, wage and social debts +€192,305
up €192,305 (+37,695%), from €510 to €192,815
- Gross operating margin +€1.1m
up €1.1m (+301%), from €369,710 to €1.5m
- Taxes +€311,194
up €311,194 (+330%), from €94,247 to €405,441
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 | €1,270,351 | €2,814,334 | +€1.5m | +122% |
| Current assets | 29/58 | €1,270,351 | €2,814,334 | +€1.5m | +122% |
| Amounts receivable within one year | 40/41 | €881,407 | €2,462,823 | +€1.6m | +179% |
| Trade receivables | 40 | €849,827 | €2,331,242 | +€1.5m | +174% |
| Other amounts receivable | 41 | €31,580 | €131,580 | +€100,000 | +317% |
| Current investments | 50/53 | €388,944 | €0 | -€388,944 | -100% |
| Cash at bank and in hand | 54/58 | - | €348,028 | +€348,028 | |
| Deferred charges and accrued income | 490/1 | - | €3,483 | +€3,483 | |
| Total equity and liabilities | 10/49 | €1,270,351 | €2,814,334 | +€1.5m | +122% |
| Equity | 10/15 | €1,195,387 | €2,276,930 | +€1.1m | +90.5% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €1,071,387 | €2,152,930 | +€1.1m | +101% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Distributable reserves | 133 | €1,058,987 | €2,140,530 | +€1.1m | +102% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €74,964 | €537,404 | +€462,440 | +617% |
| Amounts payable within one year | 42/48 | €74,964 | €537,404 | +€462,440 | +617% |
| Trade debts | 44 | €74,454 | €344,588 | +€270,134 | +363% |
| Suppliers | 440/4 | €74,454 | €344,588 | +€270,134 | +363% |
| Taxes, remuneration and social security | 45 | €510 | €192,815 | +€192,305 | +37,695% |
| Taxes | 450/3 | €510 | €192,815 | +€192,305 | +37,695% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,468 | €1,206 | -€262 | -17.8% |
| Gross operating margin | 9900 | €369,710 | €1,481,912 | +€1.1m | +301% |
| Operating profit (loss) | 9901 | €368,242 | €1,480,706 | +€1.1m | +302% |
| Financial income | 75/76B | €2,752 | €13,682 | +€10,930 | +397% |
| Recurring financial income | 75 | €2,752 | €13,682 | +€10,930 | +397% |
| Financial charges | 65/66B | €3,786 | €7,404 | +€3,619 | +95.6% |
| Recurring financial charges | 65 | €3,786 | €7,404 | +€3,619 | +95.6% |
| Profit (loss) for the period before taxes | 9903 | €367,208 | €1,486,984 | +€1.1m | +305% |
| Income taxes | 67/77 | €94,247 | €405,441 | +€311,194 | +330% |
| Profit (loss) for the period | 9904 | €272,961 | €1,081,543 | +€808,581 | +296% |
| Profit (loss) for the period to be appropriated | 9905 | €272,961 | €1,081,543 | +€808,581 | +296% |
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 15 October 2026 via checked.be.