ABSW-Advies: 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.
What changed
ABSW-Advies
NACE 39.000, Remediation activities and other waste management service activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€64,745
2024 · €71,177-€6,433
Equity
€238,644
2024 · €173,899+€64,745
Cash
€49,768
2024 · €130,115-€80,347
Balance sheet total
€273,824
2024 · €212,870+€60,954
Largest movements
Assets
- Current investments +€130,000
up €130,000 (+260%), from €50,000 to €180,000
- Cash -€80,347
down €80,347 (-61.8%), from €130,115 to €49,768
mainly Current investments (-€130,000) and Investment in fixed assets (net) (-€9,496)
- Receivables within one year +€6,821
up €6,821 (+35.7%), from €19,133 to €25,955
of which Trade receivables: +€6,821
- Tangible fixed assets +€3,243
up €3,243 (+26.4%), from €12,291 to €15,534
of which Furniture and vehicles: +€3,844
Equity and liabilities
- Reserves +€64,745
up €64,745 (+38.3%), from €168,899 to €233,644
of which Distributable reserves: +€64,745
- Tax, wage and social debts -€4,646
down €4,646 (-32.5%), from €14,295 to €9,649
of which Taxes: -€4,646
Income statement
- Gross operating margin -€7,374
down €7,374 (-7.0%), from €104,787 to €97,413
- Taxes -€4,095
down €4,095 (-13.7%), from €29,830 to €25,734
- Depreciation +€2,842
up €2,842 (+83.3%), from €3,412 to €6,253
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.
Result 2024
€71,177
Gross operating margin
-€7,374
Depreciation
-€2,842
Other operating charges
-€346
Financial income
+€113
Financial charges
-€79
Taxes
+€4,095
Result 2025
€64,745
raises the resultlowers the result
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.
From operations
+€59,149
Investment
-€139,496
Financing
€0
Cash 2024
€130,115
From operations (derived)
+€59,149
Net result for the year
+€64,745
Depreciation
+€6,253
Receivables within one year
-€6,821
Deferred charges and accrued income
-€1,237
Trade debts
+€1,135
Tax, wage and social debts
-€4,646
Other debts
+€92
Accrued charges and deferred income
-€371
Investment (derived)
-€139,496
Investment in fixed assets (net)
-€9,496
Current investments
-€130,000
Cash 2025
€49,768
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €212,870 | €273,824 | +€60,954 | +28.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €12,741 | €15,984 | +€3,243 | +25.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €12,291 | €15,534 | +€3,243 | +26.4% |
| Land and buildings | 22 | €2,548 | €2,238 | -€310 | -12.2% |
| Plant, machinery and equipment | 23 | €2,255 | €1,964 | -€291 | -12.9% |
| Furniture and vehicles | 24 | €7,488 | €11,332 | +€3,844 | +51.3% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €200,129 | €257,840 | +€57,711 | +28.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €19,133 | €25,955 | +€6,821 | +35.7% |
| Trade receivables | 40 | €19,133 | €25,955 | +€6,821 | +35.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €50,000 | €180,000 | +€130,000 | +260% |
| Cash at bank and in hand | 54/58 | €130,115 | €49,768 | -€80,347 | -61.8% |
| Deferred charges and accrued income | 490/1 | €881 | €2,118 | +€1,237 | +140% |
| Total equity and liabilities | 10/49 | €212,870 | €273,824 | +€60,954 | +28.6% |
| Equity | 10/15 | €173,899 | €238,644 | +€64,745 | +37.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €168,899 | €233,644 | +€64,745 | +38.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Own shares acquired | 1312 | €0 | - | = | |
| Financial assistance | 1313 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €168,899 | €233,644 | +€64,745 | +38.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | €0 | - | = | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Taxes | 161 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €38,970 | €35,180 | -€3,791 | -9.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Trade debts | 175 | €0 | - | = | |
| Advances received on contracts in progress | 176 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €38,570 | €35,151 | -€3,420 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €2,163 | €3,298 | +€1,135 | +52.5% |
| Suppliers | 440/4 | €2,163 | €3,298 | +€1,135 | +52.5% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €14,295 | €9,649 | -€4,646 | -32.5% |
| Taxes | 450/3 | €14,295 | €9,649 | -€4,646 | -32.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €22,112 | €22,203 | +€92 | +0.4% |
| Accrued charges and deferred income | 492/3 | €400 | €29 | -€371 | -92.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,412 | €6,253 | +€2,842 | +83.3% |
| Other operating charges | 640/8 | €411 | €758 | +€346 | +84.2% |
| Gross operating margin | 9900 | €104,787 | €97,413 | -€7,374 | -7.0% |
| Operating profit (loss) | 9901 | €100,964 | €90,402 | -€10,562 | -10.5% |
| Financial income | 75/76B | €1,740 | €1,853 | +€113 | +6.5% |
| Recurring financial income | 75 | €1,740 | €1,853 | +€113 | +6.5% |
| Financial charges | 65/66B | €1,697 | €1,776 | +€79 | +4.7% |
| Recurring financial charges | 65 | €1,697 | €1,776 | +€79 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €101,007 | €90,479 | -€10,528 | -10.4% |
| Income taxes | 67/77 | €29,830 | €25,734 | -€4,095 | -13.7% |
| Profit (loss) for the period | 9904 | €71,177 | €64,745 | -€6,433 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,177 | €64,745 | -€6,433 | -9.0% |
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 27 October 2026 via checked.be.