ABT+: 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.
ABT+
Largest movements
- Current investments +€242,601
new in 2025: €242,601
- Cash -€220,712
down €220,712 (-73.2%), from €301,412 to €80,700
mainly Current investments (-€242,601) and Other debts (-€46,277)
- Receivables within one year -€14,112
down €14,112 (-15.9%), from €88,576 to €74,463
of which Trade receivables: -€16,633
- Tangible fixed assets -€10,614
down €10,614 (-36.9%), from €28,787 to €18,173
of which Furniture and vehicles: -€10,333
- Reserves +€49,204
up €49,204 (+11.7%), from €422,019 to €471,223
- Other debts -€46,277
down €46,277 (-83.1%), from €55,666 to €9,390
- Trade debts -€18,044
down €18,044 (-51.0%), from €35,346 to €17,302
- Tax, wage and social debts +€15,402
up €15,402 (+61.2%), from €25,166 to €40,568
of which Taxes: +€19,975
- Gross operating margin +€8,656
up €8,656 (+6.3%), from €137,047 to €145,703
- Financial income -€4,005
down €4,005 (-54.5%), from €7,355 to €3,350
- Other operating charges -€3,834
down €3,834 (-62.7%), from €6,118 to €2,284
- Write-downs +€2,560
new in 2025: €2,560
- Staff costs +€2,234
up €2,234 (+4.2%), from €53,733 to €55,968
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 | €557,598 | €557,083 | -€515 | -0.1% |
| Fixed assets | 21/28 | €28,787 | €18,173 | -€10,614 | -36.9% |
| Tangible fixed assets | 22/27 | €28,787 | €18,173 | -€10,614 | -36.9% |
| Furniture and vehicles | 24 | €26,752 | €16,419 | -€10,333 | -38.6% |
| Other tangible fixed assets | 26 | €2,034 | €1,753 | -€281 | -13.8% |
| Current assets | 29/58 | €528,811 | €538,910 | +€10,099 | +1.9% |
| Amounts receivable after more than one year | 29 | €46,000 | €46,000 | = | 0.0% |
| Other amounts receivable | 291 | €46,000 | €46,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €92,428 | €95,146 | +€2,717 | +2.9% |
| Stocks | 30/36 | €92,428 | €95,146 | +€2,717 | +2.9% |
| Amounts receivable within one year | 40/41 | €88,576 | €74,463 | -€14,112 | -15.9% |
| Trade receivables | 40 | €85,816 | €69,183 | -€16,633 | -19.4% |
| Other amounts receivable | 41 | €2,760 | €5,280 | +€2,521 | +91.3% |
| Current investments | 50/53 | - | €242,601 | +€242,601 | |
| Cash at bank and in hand | 54/58 | €301,412 | €80,700 | -€220,712 | -73.2% |
| Deferred charges and accrued income | 490/1 | €395 | €0 | -€395 | -100.0% |
| Total equity and liabilities | 10/49 | €557,598 | €557,083 | -€515 | -0.1% |
| Equity | 10/15 | €440,619 | €489,823 | +€49,204 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €422,019 | €471,223 | +€49,204 | +11.7% |
| Distributable reserves | 133 | €422,019 | €471,223 | +€49,204 | +11.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €116,978 | €67,260 | -€49,719 | -42.5% |
| Amounts payable within one year | 42/48 | €116,178 | €67,260 | -€48,919 | -42.1% |
| Trade debts | 44 | €35,346 | €17,302 | -€18,044 | -51.0% |
| Suppliers | 440/4 | €35,346 | €17,302 | -€18,044 | -51.0% |
| Taxes, remuneration and social security | 45 | €25,166 | €40,568 | +€15,402 | +61.2% |
| Taxes | 450/3 | €14,578 | €34,553 | +€19,975 | +137.0% |
| Remuneration and social security | 454/9 | €10,588 | €6,015 | -€4,573 | -43.2% |
| Other amounts payable | 47/48 | €55,666 | €9,390 | -€46,277 | -83.1% |
| Accrued charges and deferred income | 492/3 | €800 | €0 | -€800 | -100.0% |
| Remuneration, social security and pensions | 62 | €53,733 | €55,968 | +€2,234 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,614 | €10,614 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,560 | +€2,560 | |
| Other operating charges | 640/8 | €6,118 | €2,284 | -€3,834 | -62.7% |
| Gross operating margin | 9900 | €137,047 | €145,703 | +€8,656 | +6.3% |
| Operating profit (loss) | 9901 | €66,581 | €74,277 | +€7,696 | +11.6% |
| Financial income | 75/76B | €7,355 | €3,350 | -€4,005 | -54.5% |
| Recurring financial income | 75 | €7,355 | €3,350 | -€4,005 | -54.5% |
| Financial charges | 65/66B | €862 | €1,723 | +€861 | +99.8% |
| Recurring financial charges | 65 | €862 | €1,723 | +€861 | +99.8% |
| Profit (loss) for the period before taxes | 9903 | €73,074 | €75,905 | +€2,830 | +3.9% |
| Income taxes | 67/77 | €24,577 | €26,701 | +€2,123 | +8.6% |
| Profit (loss) for the period | 9904 | €48,497 | €49,204 | +€707 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,497 | €49,204 | +€707 | +1.5% |
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 7 October 2026 via checked.be.