ABSYTECH: what changed
Two fiscal 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.
ABSYTECH
Largest movements
- Cash -€216,359
no longer reported in 2025 (was €216,359)
mainly Receivables within one year (-€189,023) and Stocks and contracts (-€150,835)
- Receivables within one year +€189,023
up €189,023 (+73.4%), from €257,695 to €446,718
of which Trade receivables: +€170,924
- Stocks and contracts +€150,835
up €150,835 (+154.7%), from €97,485 to €248,320
- Deferred charges and accrued income +€58,209
up €58,209 (+1066.6%), from €5,458 to €63,666
- Tangible fixed assets -€23,994
down €23,994 (-16.4%), from €146,277 to €122,283
of which Land and buildings: -€18,458
- Short-term financial debts +€165,186
new in 2025: €165,186
- Tax, wage and social debts +€29,056
up €29,056 (+25.7%), from €112,919 to €141,976
of which Remuneration and social security: +€42,618
- Debts after one year -€21,287
down €21,287 (-30.0%), from €70,871 to €49,584
of which Financial debts: -€21,287
- Profit (loss) carried forward +€15,020
up €15,020 (+6.6%), from €226,296 to €241,316
- Current portion of long-term debt -€10,533
down €10,533 (-33.1%), from €31,820 to €21,287
- Gross operating margin -€64,953
down €64,953 (-10.4%), from €622,648 to €557,696
- Staff costs -€19,539
down €19,539 (-4.0%), from €483,046 to €463,506
- Financial charges +€15,165
up €15,165 (+85.1%), from €17,825 to €32,990
- Other operating charges -€11,317
down €11,317 (-73.0%), from €15,495 to €4,179
- Taxes -€9,326
down €9,326 (-69.8%), from €13,367 to €4,041
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.
Cash bridge derived
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 | €723,646 | €881,359 | +€157,713 | +21.8% |
| Fixed assets | 21/28 | €146,649 | €122,655 | -€23,994 | -16.4% |
| Tangible fixed assets | 22/27 | €146,277 | €122,283 | -€23,994 | -16.4% |
| Land and buildings | 22 | €109,163 | €90,705 | -€18,458 | -16.9% |
| Plant, machinery and equipment | 23 | €9,860 | €6,455 | -€3,406 | -34.5% |
| Furniture and vehicles | 24 | €27,254 | €25,124 | -€2,130 | -7.8% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €576,997 | €758,704 | +€181,707 | +31.5% |
| Stocks and contracts in progress | 3 | €97,485 | €248,320 | +€150,835 | +154.7% |
| Stocks | 30/36 | €97,485 | €248,320 | +€150,835 | +154.7% |
| Amounts receivable within one year | 40/41 | €257,695 | €446,718 | +€189,023 | +73.4% |
| Trade receivables | 40 | €236,643 | €407,567 | +€170,924 | +72.2% |
| Other amounts receivable | 41 | €21,052 | €39,151 | +€18,099 | +86.0% |
| Cash at bank and in hand | 54/58 | €216,359 | - | -€216,359 | |
| Deferred charges and accrued income | 490/1 | €5,458 | €63,666 | +€58,209 | +1066.6% |
| Total equity and liabilities | 10/49 | €723,646 | €881,359 | +€157,713 | +21.8% |
| Equity | 10/15 | €286,104 | €298,845 | +€12,741 | +4.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,296 | €241,316 | +€15,020 | +6.6% |
| Investment grants | 15 | €4,808 | €2,529 | -€2,279 | -47.4% |
| Amounts payable | 17/49 | €437,542 | €582,515 | +€144,972 | +33.1% |
| Amounts payable after more than one year | 17 | €70,871 | €49,584 | -€21,287 | -30.0% |
| Financial debts | 170/4 | €54,441 | €33,154 | -€21,287 | -39.1% |
| Other amounts payable | 178/9 | €16,430 | €16,430 | = | 0.0% |
| Amounts payable within one year | 42/48 | €363,809 | €532,188 | +€168,379 | +46.3% |
| Current portion of amounts payable after more than one year | 42 | €31,820 | €21,287 | -€10,533 | -33.1% |
| Financial debts | 43 | - | €165,186 | +€165,186 | |
| Credit institutions | 430/8 | - | €165,186 | +€165,186 | |
| Trade debts | 44 | €173,402 | €165,874 | -€7,528 | -4.3% |
| Suppliers | 440/4 | €173,402 | €165,874 | -€7,528 | -4.3% |
| Advances received on contracts in progress | 46 | €26,200 | €17,818 | -€8,382 | -32.0% |
| Taxes, remuneration and social security | 45 | €112,919 | €141,976 | +€29,056 | +25.7% |
| Taxes | 450/3 | €39,965 | €26,403 | -€13,562 | -33.9% |
| Remuneration and social security | 454/9 | €72,955 | €115,573 | +€42,618 | +58.4% |
| Other amounts payable | 47/48 | €19,467 | €20,048 | +€581 | +3.0% |
| Accrued charges and deferred income | 492/3 | €2,862 | €742 | -€2,119 | -74.1% |
| Remuneration, social security and pensions | 62 | €483,046 | €463,506 | -€19,539 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,167 | €40,998 | +€1,831 | +4.7% |
| Other operating charges | 640/8 | €15,495 | €4,179 | -€11,317 | -73.0% |
| Non-recurring operating charges | 66A | €11,100 | - | -€11,100 | |
| Gross operating margin | 9900 | €622,648 | €557,696 | -€64,953 | -10.4% |
| Operating profit (loss) | 9901 | €73,840 | €49,013 | -€24,827 | -33.6% |
| Financial income | 75/76B | €3,427 | €3,038 | -€389 | -11.4% |
| Recurring financial income | 75 | €3,427 | €3,038 | -€389 | -11.4% |
| Financial charges | 65/66B | €17,825 | €32,990 | +€15,165 | +85.1% |
| Recurring financial charges | 65 | €17,825 | €32,990 | +€15,165 | +85.1% |
| Profit (loss) for the period before taxes | 9903 | €59,442 | €19,061 | -€40,381 | -67.9% |
| Income taxes | 67/77 | €13,367 | €4,041 | -€9,326 | -69.8% |
| Profit (loss) for the period | 9904 | €46,075 | €15,020 | -€31,055 | -67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,075 | €15,020 | -€31,055 | -67.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.