absop: 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.
absop
Largest movements
- Cash -€36,179
down €36,179 (-51.1%), from €70,779 to €34,600
mainly Trade debts (-€36,189) and Debts after one year (-€14,385)
- Tangible fixed assets -€10,875
down €10,875 (-11.9%), from €91,714 to €80,838
of which Leasing and similar rights: -€11,520
- Receivables within one year +€6,316
up €6,316 (+7.0%), from €90,005 to €96,320
of which Trade receivables: +€6,316
- Trade debts -€36,189
down €36,189 (-98.9%), from €36,582 to €393
- Other debts +€22,974
up €22,974 (+431%), from €5,334 to €28,308
- Debts after one year -€14,385
down €14,385 (-38.8%), from €37,084 to €22,699
- Tax, wage and social debts -€11,062
down €11,062 (-68.0%), from €16,279 to €5,217
of which Taxes: -€11,062
- Gross operating margin -€18,687
down €18,687 (-42.6%), from €43,818 to €25,131
- Depreciation +€8,249
up €8,249 (+63.6%), from €12,980 to €21,229
- Write-downs -€7,629
no longer reported in 2025 (was €7,629)
- Taxes -€7,120
down €7,120 (-81.5%), from €8,731 to €1,611
- Financial charges -€1,691
down €1,691 (-43.5%), from €3,887 to €2,196
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 | €252,986 | €212,208 | -€40,778 | -16.1% |
| Fixed assets | 21/28 | €91,714 | €80,838 | -€10,875 | -11.9% |
| Tangible fixed assets | 22/27 | €91,714 | €80,838 | -€10,875 | -11.9% |
| Plant, machinery and equipment | 23 | €18,221 | €12,288 | -€5,934 | -32.6% |
| Furniture and vehicles | 24 | - | €1,513 | +€1,513 | |
| Leasing and similar rights | 25 | €51,935 | €40,415 | -€11,520 | -22.2% |
| Other tangible fixed assets | 26 | €21,558 | €26,623 | +€5,065 | +23.5% |
| Current assets | 29/58 | €161,272 | €131,369 | -€29,903 | -18.5% |
| Amounts receivable within one year | 40/41 | €90,005 | €96,320 | +€6,316 | +7.0% |
| Trade receivables | 40 | €90,005 | €96,320 | +€6,316 | +7.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €70,779 | €34,600 | -€36,179 | -51.1% |
| Deferred charges and accrued income | 490/1 | €489 | €449 | -€40 | -8.1% |
| Total equity and liabilities | 10/49 | €252,986 | €212,208 | -€40,778 | -16.1% |
| Equity | 10/15 | €143,141 | €141,201 | -€1,940 | -1.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €138,141 | €138,141 | = | 0.0% |
| Distributable reserves | 133 | €138,141 | €138,141 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€1,940 | -€1,940 | |
| Amounts payable | 17/49 | €109,845 | €71,007 | -€38,838 | -35.4% |
| Amounts payable after more than one year | 17 | €37,084 | €22,699 | -€14,385 | -38.8% |
| Financial debts | 170/4 | €37,084 | €22,699 | -€14,385 | -38.8% |
| Amounts payable within one year | 42/48 | €72,010 | €48,304 | -€23,707 | -32.9% |
| Current portion of amounts payable after more than one year | 42 | €13,815 | €14,385 | +€570 | +4.1% |
| Trade debts | 44 | €36,582 | €393 | -€36,189 | -98.9% |
| Suppliers | 440/4 | €36,582 | €393 | -€36,189 | -98.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €16,279 | €5,217 | -€11,062 | -68.0% |
| Taxes | 450/3 | €16,279 | €5,217 | -€11,062 | -68.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €5,334 | €28,308 | +€22,974 | +431% |
| Accrued charges and deferred income | 492/3 | €750 | €4 | -€746 | -99.5% |
| Non-recurring operating income | 76A | €11,522 | - | -€11,522 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,980 | €21,229 | +€8,249 | +63.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,629 | - | -€7,629 | |
| Other operating charges | 640/8 | €1,820 | €2,040 | +€220 | +12.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €43,818 | €25,131 | -€18,687 | -42.6% |
| Operating profit (loss) | 9901 | €21,389 | €1,862 | -€19,527 | -91.3% |
| Financial income | 75/76B | €414 | €4 | -€410 | -99.0% |
| Recurring financial income | 75 | €414 | €4 | -€410 | -99.0% |
| Financial charges | 65/66B | €3,887 | €2,196 | -€1,691 | -43.5% |
| Recurring financial charges | 65 | €3,887 | €2,196 | -€1,691 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | €17,916 | -€329 | -€18,245 | |
| Income taxes | 67/77 | €8,731 | €1,611 | -€7,120 | -81.5% |
| Profit (loss) for the period | 9904 | €9,185 | -€1,940 | -€11,126 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,185 | -€1,940 | -€11,126 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.