Abstractive: 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.
Abstractive
Largest movements
- Current investments +€100,000
up €100,000 (+333%), from €30,000 to €130,000
- Cash +€73,428
up €73,428 (+58.8%), from €124,805 to €198,233
mainly Net result for the year (+€111,317) and Accrued charges and deferred income (+€72,504)
- Tangible fixed assets -€63,292
down €63,292 (-15.1%), from €419,105 to €355,812
of which Furniture and vehicles: -€45,321
- Receivables within one year -€36,422
down €36,422 (-26.1%), from €139,598 to €103,177
- Reserves +€85,000
up €85,000 (+43.4%), from €195,722 to €280,722
of which Distributable reserves: +€85,000
- Accrued charges and deferred income +€72,504
up €72,504 (+5,042%), from €1,438 to €73,942
- Debts after one year -€52,666
down €52,666 (-23.0%), from €229,091 to €176,424
- Profit (loss) carried forward -€34,312
down €34,312 (-20.0%), from €171,705 to €137,393
- Other debts -€15,239
down €15,239 (-42.5%), from €35,868 to €20,629
- Gross operating margin +€86,285
up €86,285 (+18.9%), from €457,112 to €543,397
- Staff costs +€47,523
up €47,523 (+17.4%), from €273,123 to €320,645
- Taxes +€11,015
up €11,015 (+31.1%), from €35,392 to €46,407
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 | €753,427 | €818,111 | +€64,684 | +8.6% |
| Fixed assets | 21/28 | €431,692 | €362,872 | -€68,820 | -15.9% |
| Intangible fixed assets | 21 | €12,587 | €7,060 | -€5,527 | -43.9% |
| Tangible fixed assets | 22/27 | €419,105 | €355,812 | -€63,292 | -15.1% |
| Land and buildings | 22 | €275,830 | €267,200 | -€8,630 | -3.1% |
| Plant, machinery and equipment | 23 | €67,818 | €64,823 | -€2,995 | -4.4% |
| Furniture and vehicles | 24 | €64,594 | €19,273 | -€45,321 | -70.2% |
| Other tangible fixed assets | 26 | €10,863 | €4,517 | -€6,346 | -58.4% |
| Current assets | 29/58 | €321,735 | €455,239 | +€133,504 | +41.5% |
| Amounts receivable within one year | 40/41 | €139,598 | €103,177 | -€36,422 | -26.1% |
| Trade receivables | 40 | €139,598 | €103,177 | -€36,422 | -26.1% |
| Current investments | 50/53 | €30,000 | €130,000 | +€100,000 | +333% |
| Cash at bank and in hand | 54/58 | €124,805 | €198,233 | +€73,428 | +58.8% |
| Deferred charges and accrued income | 490/1 | €27,331 | €23,829 | -€3,502 | -12.8% |
| Total equity and liabilities | 10/49 | €753,427 | €818,111 | +€64,684 | +8.6% |
| Equity | 10/15 | €385,977 | €436,665 | +€50,688 | +13.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €195,722 | €280,722 | +€85,000 | +43.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,500 | €5,500 | = | 0.0% |
| Distributable reserves | 133 | €188,362 | €273,362 | +€85,000 | +45.1% |
| Profit (loss) carried forward | 14 | €171,705 | €137,393 | -€34,312 | -20.0% |
| Amounts payable | 17/49 | €367,450 | €381,446 | +€13,997 | +3.8% |
| Amounts payable after more than one year | 17 | €229,091 | €176,424 | -€52,666 | -23.0% |
| Financial debts | 170/4 | €229,091 | €176,424 | -€52,666 | -23.0% |
| Amounts payable within one year | 42/48 | €136,921 | €131,080 | -€5,840 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | - | €3,529 | +€3,529 | |
| Trade debts | 44 | €9,639 | €6,553 | -€3,086 | -32.0% |
| Suppliers | 440/4 | €9,639 | €6,553 | -€3,086 | -32.0% |
| Taxes, remuneration and social security | 45 | €91,414 | €100,369 | +€8,955 | +9.8% |
| Taxes | 450/3 | €63,677 | €64,905 | +€1,228 | +1.9% |
| Remuneration and social security | 454/9 | €27,738 | €35,464 | +€7,726 | +27.9% |
| Other amounts payable | 47/48 | €35,868 | €20,629 | -€15,239 | -42.5% |
| Accrued charges and deferred income | 492/3 | €1,438 | €73,942 | +€72,504 | +5,042% |
| Remuneration, social security and pensions | 62 | €273,123 | €320,645 | +€47,523 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,194 | €44,691 | -€2,504 | -5.3% |
| Other operating charges | 640/8 | €779 | €3,060 | +€2,281 | +293% |
| Non-recurring operating charges | 66A | - | €11,379 | +€11,379 | |
| Gross operating margin | 9900 | €457,112 | €543,397 | +€86,285 | +18.9% |
| Operating profit (loss) | 9901 | €136,016 | €163,622 | +€27,606 | +20.3% |
| Financial income | 75/76B | €185 | €285 | +€100 | +54.2% |
| Recurring financial income | 75 | €185 | €285 | +€100 | +54.2% |
| Financial charges | 65/66B | €6,600 | €6,183 | -€417 | -6.3% |
| Recurring financial charges | 65 | €6,600 | €6,183 | -€417 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €129,601 | €157,724 | +€28,123 | +21.7% |
| Income taxes | 67/77 | €35,392 | €46,407 | +€11,015 | +31.1% |
| Profit (loss) for the period | 9904 | €94,208 | €111,317 | +€17,109 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €94,208 | €111,317 | +€17,109 | +18.2% |
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 16 October 2026 via checked.be.