ABSR HOLDING: 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.
ABSR HOLDING
Largest movements
- Current investments +€8.4m
up €8.4m (+665%), from €1.3m to €9.7m
- Financial fixed assets +€5.0m
up €5.0m (+1,016%), from €493,886 to €5.5m
- Deferred charges and accrued income +€1.6m
up €1.6m (+81,567%), from €2,000 to €1.6m
- Receivables within one year +€487,656
up €487,656 (+228%), from €214,000 to €701,656
of which Other amounts receivable: +€501,656
- Intangible fixed assets -€434,942
down €434,942 (-33.3%), from €1.3m to €869,884
- Profit (loss) carried forward +€13.9m
up €13.9m (+722%), from €1.9m to €15.9m
- Other debts +€1.5m
up €1.5m, from €0 to €1.5m
- Financial income +€15.8m
up €15.8m (+7,927%), from €199,163 to €16.0m
- Financial charges -€66,722
down €66,722 (-81.2%), from €82,177 to €15,454
- Gross operating margin -€62,514
down €62,514 (-943%), from -€6,629 to -€69,143
- Taxes -€35,989
down €35,989 (-69.4%), from €51,842 to €15,853
- Other operating charges +€14,033
up €14,033 (+1,293%), from €1,086 to €15,118
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 | €3,297,577 | €18,678,849 | +€15.4m | +466% |
| Fixed assets | 21/28 | €1,798,712 | €6,379,724 | +€4.6m | +255% |
| Intangible fixed assets | 21 | €1,304,826 | €869,884 | -€434,942 | -33.3% |
| Financial fixed assets | 28 | €493,886 | €5,509,840 | +€5.0m | +1,016% |
| Current assets | 29/58 | €1,498,865 | €12,299,125 | +€10.8m | +721% |
| Amounts receivable within one year | 40/41 | €214,000 | €701,656 | +€487,656 | +228% |
| Trade receivables | 40 | €14,000 | €0 | -€14,000 | -100% |
| Other amounts receivable | 41 | €200,000 | €701,656 | +€501,656 | +251% |
| Current investments | 50/53 | €1,267,485 | €9,695,873 | +€8.4m | +665% |
| Cash at bank and in hand | 54/58 | €15,380 | €268,251 | +€252,872 | +1,644% |
| Deferred charges and accrued income | 490/1 | €2,000 | €1,633,344 | +€1.6m | +81,567% |
| Total equity and liabilities | 10/49 | €3,297,577 | €18,678,849 | +€15.4m | +466% |
| Equity | 10/15 | €3,226,945 | €17,162,849 | +€13.9m | +432% |
| Contributions | 10/11 | €239,573 | €239,573 | = | 0.0% |
| Capital | 10 | €239,573 | €239,573 | = | 0.0% |
| Issued capital | 100 | €239,573 | €239,573 | = | 0.0% |
| Reserves | 13 | €1,057,953 | €1,057,953 | = | 0.0% |
| Non-distributable reserves | 130/1 | €71,872 | €71,872 | = | 0.0% |
| Legal reserve | 130 | €71,872 | €71,872 | = | 0.0% |
| Distributable reserves | 133 | €986,081 | €986,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,929,419 | €15,865,323 | +€13.9m | +722% |
| Amounts payable | 17/49 | €70,631 | €1,516,000 | +€1.4m | +2,046% |
| Amounts payable within one year | 42/48 | €70,631 | €1,516,000 | +€1.4m | +2,046% |
| Trade debts | 44 | €8,968 | €16,000 | +€7,032 | +78.4% |
| Suppliers | 440/4 | €8,968 | €16,000 | +€7,032 | +78.4% |
| Taxes, remuneration and social security | 45 | €61,664 | €0 | -€61,664 | -100% |
| Taxes | 450/3 | €61,664 | €0 | -€61,664 | -100% |
| Other amounts payable | 47/48 | €0 | €1,500,000 | +€1.5m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €434,942 | €434,942 | = | 0.0% |
| Other operating charges | 640/8 | €1,086 | €15,118 | +€14,033 | +1,293% |
| Gross operating margin | 9900 | -€6,629 | -€69,143 | -€62,514 | -943% |
| Operating profit (loss) | 9901 | -€442,656 | -€519,204 | -€76,547 | -17.3% |
| Financial income | 75/76B | €199,163 | €15,986,414 | +€15.8m | +7,927% |
| Recurring financial income | 75 | €199,163 | €15,986,414 | +€15.8m | +7,927% |
| Financial charges | 65/66B | €82,177 | €15,454 | -€66,722 | -81.2% |
| Recurring financial charges | 65 | €82,177 | €15,454 | -€66,722 | -81.2% |
| Profit (loss) for the period before taxes | 9903 | -€325,670 | €15,451,756 | +€15.8m | |
| Income taxes | 67/77 | €51,842 | €15,853 | -€35,989 | -69.4% |
| Profit (loss) for the period | 9904 | -€377,512 | €15,435,903 | +€15.8m | |
| Profit (loss) for the period to be appropriated | 9905 | -€377,512 | €15,435,903 | +€15.8m |
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 30 October 2026 via checked.be.