ABT-BELUX: 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.
ABT-BELUX
Largest movements
- Tangible fixed assets -€38,142
no longer reported in 2025 (was €38,142)
- Receivables within one year -€7,917
no longer reported in 2025 (was €7,917)
- Cash -€2,401
down €2,401 (-13.4%), from €17,871 to €15,470
mainly Trade debts (-€32,756) and Debts after one year (-€25,000)
- Trade debts -€32,756
down €32,756 (-84.3%), from €38,846 to €6,090
- Debts after one year -€25,000
no longer reported in 2025 (was €25,000)
- Reserves +€5,155
new in 2025: €5,155
- Profit (loss) carried forward +€3,751
no longer reported in 2025 (was -€3,751)
- Tax, wage and social debts +€867
new in 2025: €867
- Depreciation -€11,405
no longer reported in 2025 (was €11,405)
- Gross operating margin +€3,310
up €3,310 (+40.6%), from €8,155 to €11,465
- Taxes +€1,867
new in 2025: €1,867
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 | €63,930 | €15,470 | -€48,459 | -75.8% |
| Fixed assets | 21/28 | €38,142 | - | -€38,142 | |
| Tangible fixed assets | 22/27 | €38,142 | - | -€38,142 | |
| Furniture and vehicles | 24 | €38,142 | - | -€38,142 | |
| Current assets | 29/58 | €25,788 | €15,470 | -€10,318 | -40.0% |
| Amounts receivable within one year | 40/41 | €7,917 | - | -€7,917 | |
| Trade receivables | 40 | €7,917 | - | -€7,917 | |
| Cash at bank and in hand | 54/58 | €17,871 | €15,470 | -€2,401 | -13.4% |
| Total equity and liabilities | 10/49 | €63,930 | €15,470 | -€48,459 | -75.8% |
| Equity | 10/15 | -€2,751 | €6,155 | +€8,906 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €5,155 | +€5,155 | |
| Distributable reserves | 133 | - | €5,155 | +€5,155 | |
| Profit (loss) carried forward | 14 | -€3,751 | - | +€3,751 | |
| Amounts payable | 17/49 | €66,681 | €9,315 | -€57,366 | -86.0% |
| Amounts payable after more than one year | 17 | €25,000 | - | -€25,000 | |
| Financial debts | 170/4 | €25,000 | - | -€25,000 | |
| Amounts payable within one year | 42/48 | €41,681 | €9,315 | -€32,366 | -77.7% |
| Trade debts | 44 | €38,846 | €6,090 | -€32,756 | -84.3% |
| Suppliers | 440/4 | €38,846 | €6,090 | -€32,756 | -84.3% |
| Taxes, remuneration and social security | 45 | - | €867 | +€867 | |
| Taxes | 450/3 | - | €867 | +€867 | |
| Other amounts payable | 47/48 | €2,835 | €2,358 | -€477 | -16.8% |
| Non-recurring operating income | 76A | €10,223 | €25,801 | +€15,578 | +152% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,405 | - | -€11,405 | |
| Other operating charges | 640/8 | €106 | - | -€106 | |
| Non-recurring operating charges | 66A | - | €642 | +€642 | |
| Gross operating margin | 9900 | €8,155 | €11,465 | +€3,310 | +40.6% |
| Operating profit (loss) | 9901 | -€3,357 | €10,823 | +€14,180 | |
| Financial charges | 65/66B | €56 | €50 | -€6 | -10.7% |
| Recurring financial charges | 65 | €56 | €50 | -€6 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,413 | €10,773 | +€14,186 | |
| Income taxes | 67/77 | - | €1,867 | +€1,867 | |
| Profit (loss) for the period | 9904 | -€3,413 | €8,906 | +€12,319 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,413 | €8,906 | +€12,319 |
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 24 October 2026 via checked.be.