ABTS: 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.
What changed
ABTS
NACE 46.349, Wholesale of beverages, general range
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10.3m
2024 · €10.1m+€138,636
Equity
€15.8m
2024 · €14.5m+€1.3m
Cash
€13.4m
2024 · €10.2m+€3.3m
Balance sheet total
€24.4m
2024 · €23.2m+€1.2m
Largest movements
Assets
- Cash +€3.3m
up €3.3m (+32.0%), from €10.2m to €13.4m
mainly Net result for the year (+€10.3m) and Receivables within one year (+€1.2m)
- Receivables within one year -€1.2m
down €1.2m (-12.3%), from €9.7m to €8.5m
of which Other amounts receivable: -€3.4m
- Current investments -€1.0m
down €1.0m (-33.3%), from €3.0m to €2.0m
Equity and liabilities
- Reserves +€1.3m
up €1.3m (+9.0%), from €14.2m to €15.5m
of which Distributable reserves: +€1.3m
- Other debts -€361,294
down €361,294 (-14.2%), from €2.5m to €2.2m
- Tax, wage and social debts +€304,768
up €304,768 (+82.2%), from €370,973 to €675,741
of which Taxes: +€281,011
Income statement
- Turnover +€3.3m
up €3.3m (+8.7%), from €38.1m to €41.4m
- Goods and materials +€2.0m
up €2.0m (+10.1%), from €19.8m to €21.8m
of which Purchases: +€2.0m
- Taxes +€665,042
up €665,042 (+21.7%), from €3.1m to €3.7m
of which Taxes: +€665,042
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
€10.1m
Turnover
+€3.3m
Other operating income
+€21,860
Goods and materials
-€2.0m
Services and other goods
-€305,834
Staff costs
-€110,045
Depreciation
-€58,043
Write-downs
+€2,099
Provisions
+€113,068
Other operating charges
-€1,788
Other operating items
+€5,030
Financial income
-€163,868
Financial charges
+€928
Taxes
-€665,042
Result 2025
€10.3m
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.
From operations
+€11.5m
Investment
+€721,804
Financing
-€9.0m
Cash 2024
€10.2m
From operations (derived)
+€11.5m
Net result for the year
+€10.3m
Depreciation
+€136,309
Smaller working-capital items
-€23,801
Receivables within one year
+€1.2m
Provisions
-€61,183
Trade debts
-€137,352
Tax, wage and social debts
+€304,768
Other debts
-€361,294
Accrued charges and deferred income
+€202,935
Investment (derived)
+€721,804
Investment in fixed assets (net)
-€278,196
Current investments
+€1.0m
Financing
-€9.0m
Contributions, distributions and other
-€9.0m
Cash 2025
€13.4m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,191,286 | €24,417,381 | +€1.2m | +5.3% |
| Fixed assets | 21/28 | €257,590 | €399,477 | +€141,887 | +55.1% |
| Intangible fixed assets | 21 | - | €19,120 | +€19,120 | |
| Tangible fixed assets | 22/27 | €257,351 | €380,118 | +€122,767 | +47.7% |
| Land and buildings | 22 | €40,369 | €38,850 | -€1,519 | -3.8% |
| Plant, machinery and equipment | 23 | €970 | €27,364 | +€26,393 | +2720.5% |
| Furniture and vehicles | 24 | €216,012 | €313,904 | +€97,892 | +45.3% |
| Financial fixed assets | 28 | €239 | €239 | = | 0.0% |
| Other financial fixed assets | 284/8 | €239 | €239 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €239 | €239 | = | 0.0% |
| Current assets | 29/58 | €22,933,696 | €24,017,904 | +€1.1m | +4.7% |
| Stocks and contracts in progress | 3 | €69,587 | €73,296 | +€3,709 | +5.3% |
| Stocks | 30/36 | €69,587 | €73,296 | +€3,709 | +5.3% |
| Goods purchased for resale | 34 | €69,587 | €73,296 | +€3,709 | +5.3% |
| Amounts receivable within one year | 40/41 | €9,676,581 | €8,481,886 | -€1.2m | -12.3% |
| Trade receivables | 40 | €4,134,026 | €6,356,754 | +€2.2m | +53.8% |
| Other amounts receivable | 41 | €5,542,555 | €2,125,131 | -€3.4m | -61.7% |
| Current investments | 50/53 | €3,000,000 | €2,000,000 | -€1.0m | -33.3% |
| Other investments | 51/53 | €3,000,000 | €2,000,000 | -€1.0m | -33.3% |
| Cash at bank and in hand | 54/58 | €10,180,035 | €13,435,137 | +€3.3m | +32.0% |
| Deferred charges and accrued income | 490/1 | €7,494 | €27,586 | +€20,092 | +268.1% |
| Total equity and liabilities | 10/49 | €23,191,286 | €24,417,381 | +€1.2m | +5.3% |
| Equity | 10/15 | €14,491,453 | €15,769,673 | +€1.3m | +8.8% |
| Contributions | 10/11 | €269,460 | €269,460 | = | 0.0% |
| Capital | 10 | €269,460 | €269,460 | = | 0.0% |
| Issued capital | 100 | €269,460 | €269,460 | = | 0.0% |
| Reserves | 13 | €14,221,992 | €15,500,213 | +€1.3m | +9.0% |
| Non-distributable reserves | 130/1 | €26,946 | €26,946 | = | 0.0% |
| Legal reserve | 130 | €26,946 | €26,946 | = | 0.0% |
| Tax-exempt reserves | 132 | €999,997 | €999,997 | = | 0.0% |
| Distributable reserves | 133 | €13,195,049 | €14,473,269 | +€1.3m | +9.7% |
| Provisions and deferred taxes | 16 | €1,285,400 | €1,224,218 | -€61,183 | -4.8% |
| Provisions for liabilities and charges | 160/5 | €1,285,400 | €1,224,218 | -€61,183 | -4.8% |
| Other liabilities and charges | 164/5 | €1,285,400 | €1,224,218 | -€61,183 | -4.8% |
| Amounts payable | 17/49 | €7,414,433 | €7,423,491 | +€9,058 | +0.1% |
| Amounts payable within one year | 42/48 | €7,266,103 | €7,072,225 | -€193,878 | -2.7% |
| Trade debts | 44 | €4,345,398 | €4,208,047 | -€137,352 | -3.2% |
| Suppliers | 440/4 | €4,345,398 | €4,208,047 | -€137,352 | -3.2% |
| Taxes, remuneration and social security | 45 | €370,973 | €675,741 | +€304,768 | +82.2% |
| Taxes | 450/3 | €260,975 | €541,986 | +€281,011 | +107.7% |
| Remuneration and social security | 454/9 | €109,998 | €133,754 | +€23,756 | +21.6% |
| Other amounts payable | 47/48 | €2,549,732 | €2,188,438 | -€361,294 | -14.2% |
| Accrued charges and deferred income | 492/3 | €148,331 | €351,266 | +€202,935 | +136.8% |
| Operating income | 70/76A | €38,270,039 | €41,595,946 | +€3.3m | +8.7% |
| Turnover | 70 | €38,091,563 | €41,390,580 | +€3.3m | +8.7% |
| Other operating income | 74 | €171,593 | €193,453 | +€21,860 | +12.7% |
| Non-recurring operating income | 76A | €6,883 | €11,913 | +€5,030 | +73.1% |
| Operating charges | 60/66A | €25,277,067 | €27,636,357 | +€2.4m | +9.3% |
| Goods for resale, raw materials and consumables | 60 | €19,784,137 | €21,782,885 | +€2.0m | +10.1% |
| Purchases | 600/8 | €19,802,445 | €21,786,594 | +€2.0m | +10.0% |
| Change in stocks: decrease (increase) | 609 | -€18,308 | -€3,709 | +€14,599 | +79.7% |
| Services and other goods | 61 | €4,623,695 | €4,929,529 | +€305,834 | +6.6% |
| Remuneration, social security and pensions | 62 | €721,373 | €831,418 | +€110,045 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,267 | €136,309 | +€58,043 | +74.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€2,099 | -€2,099 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €51,885 | -€61,183 | -€113,068 | |
| Other operating charges | 640/8 | €17,710 | €19,499 | +€1,788 | +10.1% |
| Operating profit (loss) | 9901 | €12,992,971 | €13,959,589 | +€966,617 | +7.4% |
| Financial income | 75/76B | €234,643 | €70,776 | -€163,868 | -69.8% |
| Recurring financial income | 75 | €234,643 | €70,776 | -€163,868 | -69.8% |
| Income from current assets | 751 | €149,456 | €63,953 | -€85,503 | -57.2% |
| Other financial income | 752/9 | €85,187 | €6,823 | -€78,365 | -92.0% |
| Financial charges | 65/66B | €18,400 | €17,472 | -€928 | -5.0% |
| Recurring financial charges | 65 | €18,400 | €17,472 | -€928 | -5.0% |
| Debt charges | 650 | €354 | €941 | +€587 | +165.9% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €0 | - | = | |
| Other financial charges | 652/9 | €18,046 | €16,531 | -€1,515 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €13,209,214 | €14,012,892 | +€803,677 | +6.1% |
| Income taxes | 67/77 | €3,069,630 | €3,734,672 | +€665,042 | +21.7% |
| Taxes | 670/3 | €3,069,630 | €3,734,672 | +€665,042 | +21.7% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €10,139,584 | €10,278,220 | +€138,636 | +1.4% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | €999,997 | €0 | -€999,997 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,139,587 | €10,278,220 | +€1.1m | +12.5% |
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 29 September 2026 via checked.be.