ABUSUS: 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
ABUSUS
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€44,573
2024 · €958,553-€913,980
Equity
€3.6m
2024 · €3.6m-€30,427
Cash
€829,414
2024 · €1.3m-€472,434
Balance sheet total
€4.1m
2024 · €4.2m-€52,582
Largest movements
Assets
- Cash -€472,434
down €472,434 (-36.3%), from €1.3m to €829,414
mainly Investment in fixed assets (net) (-€476,480) and Contributions, distributions and other (-€75,000)
- Tangible fixed assets +€427,198
up €427,198 (+31.6%), from €1.3m to €1.8m
of which Assets under construction and advance payments: +€330,497
Equity and liabilities
- Other debts -€63,967
down €63,967 (-22.7%), from €281,273 to €217,306
- Trade debts +€46,549
up €46,549 (+1145.2%), from €4,065 to €50,613
Income statement
- Gross operating margin -€642,750
down €642,750 (-94.4%), from €680,855 to €38,104
- Financial income -€592,766
down €592,766 (-88.1%), from €672,728 to €79,962
- Depreciation -€118,493
down €118,493 (-72.0%), from €164,575 to €46,082
- Taxes -€29,435
down €29,435 (-55.6%), from €52,956 to €23,521
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
€958,553
Gross operating margin
-€642,750
Depreciation
+€118,493
Other operating charges
+€1,208
Other operating items
+€24,521
Financial income
-€592,766
Financial charges
-€50
Taxes
+€29,435
Deferred taxes and other
+€147,929
Result 2025
€44,573
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
+€64,788
Investment
-€476,480
Financing
-€60,742
Cash 2024
€1.3m
From operations (derived)
+€64,788
Net result for the year
+€44,573
Depreciation
+€46,082
Receivables within one year
+€10,754
Deferred charges and accrued income
-€208
Provisions
-€4,438
Trade debts
+€46,549
Tax, wage and social debts
-€14,556
Other debts
-€63,967
Investment (derived)
-€476,480
Investment in fixed assets (net)
-€476,480
Financing
-€60,742
Debts after one year
-€16,984
Current portion of long-term debt
+€31,242
Contributions, distributions and other
-€75,000
Cash 2025
€829,414
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,168,159 | €4,115,577 | -€52,582 | -1.3% |
| Fixed assets | 21/28 | €2,337,595 | €2,767,993 | +€430,398 | +18.4% |
| Tangible fixed assets | 22/27 | €1,349,795 | €1,776,993 | +€427,198 | +31.6% |
| Land and buildings | 22 | €1,254,014 | €1,305,716 | +€51,702 | +4.1% |
| Plant, machinery and equipment | 23 | €3,361 | €28 | -€3,333 | -99.2% |
| Furniture and vehicles | 24 | €2,346 | €50,678 | +€48,332 | +2060.2% |
| Other tangible fixed assets | 26 | €48,300 | €48,300 | = | 0.0% |
| Assets under construction and advance payments | 27 | €41,774 | €372,272 | +€330,497 | +791.2% |
| Financial fixed assets | 28 | €987,800 | €991,000 | +€3,200 | +0.3% |
| Current assets | 29/58 | €1,830,563 | €1,347,584 | -€482,979 | -26.4% |
| Amounts receivable within one year | 40/41 | €515,682 | €504,928 | -€10,754 | -2.1% |
| Trade receivables | 40 | €17,182 | €14,928 | -€2,254 | -13.1% |
| Other amounts receivable | 41 | €498,500 | €490,000 | -€8,500 | -1.7% |
| Current investments | 50/53 | €11,000 | €11,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,301,848 | €829,414 | -€472,434 | -36.3% |
| Deferred charges and accrued income | 490/1 | €2,033 | €2,242 | +€208 | +10.2% |
| Total equity and liabilities | 10/49 | €4,168,159 | €4,115,577 | -€52,582 | -1.3% |
| Equity | 10/15 | €3,621,878 | €3,591,451 | -€30,427 | -0.8% |
| Contributions | 10/11 | €214,956 | €214,956 | = | 0.0% |
| Outside capital | 11 | €214,956 | €214,956 | = | 0.0% |
| Other | 1109/19 | €214,956 | €214,956 | = | 0.0% |
| Reserves | 13 | €1,352,473 | €1,321,160 | -€31,314 | -2.3% |
| Tax-exempt reserves | 132 | €430,473 | €417,160 | -€13,314 | -3.1% |
| Distributable reserves | 133 | €922,000 | €904,000 | -€18,000 | -2.0% |
| Profit (loss) carried forward | 14 | €2,054,448 | €2,055,335 | +€887 | 0.0% |
| Provisions and deferred taxes | 16 | €143,491 | €139,053 | -€4,438 | -3.1% |
| Deferred taxes | 168 | €143,491 | €139,053 | -€4,438 | -3.1% |
| Amounts payable | 17/49 | €402,790 | €385,073 | -€17,717 | -4.4% |
| Amounts payable after more than one year | 17 | €18,428 | €1,444 | -€16,984 | -92.2% |
| Financial debts | 170/4 | €18,428 | €1,444 | -€16,984 | -92.2% |
| Amounts payable within one year | 42/48 | €384,362 | €383,630 | -€733 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €16,371 | €47,613 | +€31,242 | +190.8% |
| Trade debts | 44 | €4,065 | €50,613 | +€46,549 | +1145.2% |
| Suppliers | 440/4 | €4,065 | €50,613 | +€46,549 | +1145.2% |
| Taxes, remuneration and social security | 45 | €82,654 | €68,098 | -€14,556 | -17.6% |
| Taxes | 450/3 | €82,654 | €66,112 | -€16,542 | -20.0% |
| Remuneration and social security | 454/9 | - | €1,986 | +€1,986 | |
| Other amounts payable | 47/48 | €281,273 | €217,306 | -€63,967 | -22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €164,575 | €46,082 | -€118,493 | -72.0% |
| Other operating charges | 640/8 | €7,590 | €6,382 | -€1,208 | -15.9% |
| Non-recurring operating charges | 66A | €24,521 | - | -€24,521 | |
| Gross operating margin | 9900 | €680,855 | €38,104 | -€642,750 | -94.4% |
| Operating profit (loss) | 9901 | €484,169 | -€14,359 | -€498,528 | |
| Financial income | 75/76B | €672,728 | €79,962 | -€592,766 | -88.1% |
| Recurring financial income | 75 | €672,728 | €79,962 | -€592,766 | -88.1% |
| Financial charges | 65/66B | €1,896 | €1,947 | +€50 | +2.6% |
| Recurring financial charges | 65 | €1,896 | €1,947 | +€50 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €1,155,000 | €63,656 | -€1.1m | -94.5% |
| Transfer from deferred taxes | 780 | €4,438 | €4,438 | = | 0.0% |
| Transfer to deferred taxes | 680 | €147,929 | - | -€147,929 | |
| Income taxes | 67/77 | €52,956 | €23,521 | -€29,435 | -55.6% |
| Profit (loss) for the period | 9904 | €958,553 | €44,573 | -€913,980 | -95.3% |
| Transfer from tax-exempt reserves | 789 | €13,314 | €13,314 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €443,787 | - | -€443,787 | |
| Profit (loss) for the period to be appropriated | 9905 | €528,080 | €57,887 | -€470,193 | -89.0% |
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.