ABSO: what changed
What changed
ABSO
NACE 43.110, Demolition
filed annual accounts (NBB)
Net result for the year
-€38,182
2024 · €47,088-€85,270
Equity
€479,815
2024 · €517,998-€38,182
Cash
€78,372
2024 · €50,878+€27,495
Balance sheet total
€1.9m
2024 · €1.8m+€58,548
Largest movements
Assets
- Tangible fixed assets +€238,226
up €238,226 (+98.3%), from €242,264 to €480,490
of which Leasing and similar rights: +€142,504
- Receivables within one year -€215,046
down €215,046 (-16.7%), from €1.3m to €1.1m
of which Trade receivables: -€239,343
- Cash +€27,495
up €27,495 (+54.0%), from €50,878 to €78,372
mainly Receivables within one year (+€215,046) and Depreciation (+€153,734)
Equity and liabilities
- Short-term financial debts -€150,000
down €150,000 (-75.0%), from €200,000 to €50,000
- Debts after one year +€143,668
up €143,668 (+491%), from €29,285 to €172,953
- Other debts +€59,868
up €59,868 (+7.2%), from €826,262 to €886,130
- Profit (loss) carried forward -€38,182
down €38,182 (-10.0%), from -€382,379 to -€420,562
- Trade debts +€27,244
up €27,244 (+17.3%), from €157,407 to €184,651
Income statement
- Gross operating margin -€231,439
down €231,439 (-27.7%), from €835,789 to €604,350
- Write-downs -€117,573
down €117,573 (-100%), from €117,573 to €0
- Staff costs -€51,062
down €51,062 (-10.5%), from €485,507 to €434,446
- Depreciation +€32,574
up €32,574 (+26.9%), from €121,160 to €153,734
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
€47,088
Gross operating margin
-€231,439
Staff costs
+€51,062
Depreciation
-€32,574
Write-downs
+€117,573
Other operating charges
+€5,120
Financial income
+€682
Financial charges
+€4,318
Taxes
-€12
Result 2025
-€38,182
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
+€408,161
Investment
-€391,960
Financing
+€11,294
Cash 2024
€50,878
From operations (derived)
+€408,161
Net result for the year
-€38,182
Depreciation
+€153,734
Stocks and contracts
-€3,881
Receivables within one year
+€215,046
Deferred charges and accrued income
-€3,991
Trade debts
+€27,244
Tax, wage and social debts
+€1,693
Other debts
+€59,868
Accrued charges and deferred income
-€3,370
Investment (derived)
-€391,960
Investment in fixed assets (net)
-€391,960
Financing
+€11,294
Debts after one year
+€143,668
Current portion of long-term debt
+€17,626
Short-term financial debts
-€150,000
Cash 2025
€78,372
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,838,514 | €1,897,062 | +€58,548 | +3.2% |
| Fixed assets | 21/28 | €243,825 | €482,051 | +€238,226 | +97.7% |
| Tangible fixed assets | 22/27 | €242,264 | €480,490 | +€238,226 | +98.3% |
| Land and buildings | 22 | - | €66,884 | +€66,884 | |
| Plant, machinery and equipment | 23 | €69,274 | €85,766 | +€16,493 | +23.8% |
| Furniture and vehicles | 24 | €3,140 | €15,485 | +€12,345 | +393% |
| Leasing and similar rights | 25 | €169,850 | €312,354 | +€142,504 | +83.9% |
| Financial fixed assets | 28 | €1,561 | €1,561 | = | 0.0% |
| Current assets | 29/58 | €1,594,690 | €1,415,011 | -€179,678 | -11.3% |
| Stocks and contracts in progress | 3 | €225,599 | €229,480 | +€3,881 | +1.7% |
| Contracts in progress | 37 | €225,599 | €229,480 | +€3,881 | +1.7% |
| Amounts receivable within one year | 40/41 | €1,290,493 | €1,075,447 | -€215,046 | -16.7% |
| Trade receivables | 40 | €1,230,188 | €990,845 | -€239,343 | -19.5% |
| Other amounts receivable | 41 | €60,304 | €84,602 | +€24,297 | +40.3% |
| Cash at bank and in hand | 54/58 | €50,878 | €78,372 | +€27,495 | +54.0% |
| Deferred charges and accrued income | 490/1 | €27,721 | €31,712 | +€3,991 | +14.4% |
| Total equity and liabilities | 10/49 | €1,838,514 | €1,897,062 | +€58,548 | +3.2% |
| Equity | 10/15 | €517,998 | €479,815 | -€38,182 | -7.4% |
| Contributions | 10/11 | €115,200 | €115,200 | = | 0.0% |
| Reserves | 13 | €785,177 | €785,177 | = | 0.0% |
| Distributable reserves | 133 | €785,177 | €785,177 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€382,379 | -€420,562 | -€38,182 | -10.0% |
| Amounts payable | 17/49 | €1,320,517 | €1,417,246 | +€96,730 | +7.3% |
| Amounts payable after more than one year | 17 | €29,285 | €172,953 | +€143,668 | +491% |
| Financial debts | 170/4 | €29,285 | €172,953 | +€143,668 | +491% |
| Amounts payable within one year | 42/48 | €1,262,128 | €1,218,560 | -€43,568 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €62,266 | €79,892 | +€17,626 | +28.3% |
| Financial debts | 43 | €200,000 | €50,000 | -€150,000 | -75.0% |
| Credit institutions | 430/8 | €200,000 | €50,000 | -€150,000 | -75.0% |
| Trade debts | 44 | €157,407 | €184,651 | +€27,244 | +17.3% |
| Suppliers | 440/4 | €157,407 | €184,651 | +€27,244 | +17.3% |
| Taxes, remuneration and social security | 45 | €16,194 | €17,887 | +€1,693 | +10.5% |
| Taxes | 450/3 | €6,412 | €3,254 | -€3,158 | -49.2% |
| Remuneration and social security | 454/9 | €9,782 | €14,633 | +€4,851 | +49.6% |
| Other amounts payable | 47/48 | €826,262 | €886,130 | +€59,868 | +7.2% |
| Accrued charges and deferred income | 492/3 | €29,103 | €25,734 | -€3,370 | -11.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €485,507 | €434,446 | -€51,062 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121,160 | €153,734 | +€32,574 | +26.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €117,573 | €0 | -€117,573 | -100% |
| Other operating charges | 640/8 | €13,739 | €8,618 | -€5,120 | -37.3% |
| Gross operating margin | 9900 | €835,789 | €604,350 | -€231,439 | -27.7% |
| Operating profit (loss) | 9901 | €97,810 | €7,552 | -€90,258 | -92.3% |
| Financial income | 75/76B | €652 | €1,334 | +€682 | +105% |
| Recurring financial income | 75 | €652 | €1,334 | +€682 | +105% |
| Financial charges | 65/66B | €51,208 | €46,890 | -€4,318 | -8.4% |
| Recurring financial charges | 65 | €51,208 | €46,890 | -€4,318 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €47,254 | -€38,004 | -€85,258 | |
| Income taxes | 67/77 | €166 | €179 | +€12 | +7.4% |
| Profit (loss) for the period | 9904 | €47,088 | -€38,182 | -€85,270 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,088 | -€38,182 | -€85,270 |
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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 2 November 2026 via checked.be.