ABV Enterprise: 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.
ABV Enterprise
Largest movements
- Cash -€532,327
down €532,327 (-54.9%), from €969,990 to €437,663
mainly Contributions, distributions and other (-€600,704) and Other debts (-€566,000)
- Receivables within one year +€250,634
up €250,634 (+14.4%), from €1.7m to €2.0m
of which Trade receivables: +€374,788
- Current investments +€47,246
up €47,246 (+13.4%), from €352,754 to €400,000
- Other debts -€566,000
down €566,000 (-48.5%), from €1.2m to €600,056
- Reserves +€537,246
up €537,246 (+70.4%), from €762,754 to €1.3m
of which Distributable reserves: +€890,000
- Trade debts -€216,039
down €216,039 (-22.6%), from €956,553 to €740,514
- Profit (loss) carried forward +€73,133
up €73,133 (+1589.8%), from €4,600 to €77,733
- Tax, wage and social debts -€70,357
down €70,357 (-37.2%), from €189,113 to €118,756
of which Remuneration and social security: -€38,891
- Gross operating margin +€780,590
up €780,590 (+44.8%), from €1.7m to €2.5m
- Taxes +€163,785
up €163,785 (+64.0%), from €255,804 to €419,589
- Staff costs +€154,194
up €154,194 (+20.4%), from €756,537 to €910,732
- Financial income +€57,917
up €57,917 (+492.3%), from €11,766 to €69,683
of which Non-recurring financial income: +€62,438
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 | €3,097,626 | €2,855,609 | -€242,017 | -7.8% |
| Fixed assets | 21/28 | €15,887 | €15,291 | -€596 | -3.8% |
| Tangible fixed assets | 22/27 | €12,887 | €12,291 | -€596 | -4.6% |
| Plant, machinery and equipment | 23 | €5,584 | €3,316 | -€2,268 | -40.6% |
| Furniture and vehicles | 24 | €7,303 | €8,975 | +€1,672 | +22.9% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €3,081,738 | €2,840,318 | -€241,421 | -7.8% |
| Amounts receivable within one year | 40/41 | €1,741,384 | €1,992,018 | +€250,634 | +14.4% |
| Trade receivables | 40 | €1,591,810 | €1,966,598 | +€374,788 | +23.5% |
| Other amounts receivable | 41 | €149,574 | €25,420 | -€124,154 | -83.0% |
| Current investments | 50/53 | €352,754 | €400,000 | +€47,246 | +13.4% |
| Cash at bank and in hand | 54/58 | €969,990 | €437,663 | -€532,327 | -54.9% |
| Deferred charges and accrued income | 490/1 | €17,611 | €10,636 | -€6,975 | -39.6% |
| Total equity and liabilities | 10/49 | €3,097,626 | €2,855,609 | -€242,017 | -7.8% |
| Equity | 10/15 | €785,904 | €1,396,283 | +€610,379 | +77.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €762,754 | €1,300,000 | +€537,246 | +70.4% |
| Non-distributable reserves | 130/1 | €352,754 | - | -€352,754 | |
| Reserves not available under the articles | 1311 | €352,754 | - | -€352,754 | |
| Distributable reserves | 133 | €410,000 | €1,300,000 | +€890,000 | +217.1% |
| Profit (loss) carried forward | 14 | €4,600 | €77,733 | +€73,133 | +1589.8% |
| Amounts payable | 17/49 | €2,311,722 | €1,459,326 | -€852,396 | -36.9% |
| Amounts payable within one year | 42/48 | €2,311,722 | €1,459,326 | -€852,396 | -36.9% |
| Trade debts | 44 | €956,553 | €740,514 | -€216,039 | -22.6% |
| Suppliers | 440/4 | €956,553 | €740,514 | -€216,039 | -22.6% |
| Taxes, remuneration and social security | 45 | €189,113 | €118,756 | -€70,357 | -37.2% |
| Taxes | 450/3 | €81,807 | €50,341 | -€31,466 | -38.5% |
| Remuneration and social security | 454/9 | €107,306 | €68,415 | -€38,891 | -36.2% |
| Other amounts payable | 47/48 | €1,166,056 | €600,056 | -€566,000 | -48.5% |
| Remuneration, social security and pensions | 62 | €756,537 | €910,732 | +€154,194 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,912 | €7,404 | +€492 | +7.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,977 | +€10,977 | |
| Other operating charges | 640/8 | €9,253 | €16,592 | +€7,338 | +79.3% |
| Non-recurring operating charges | 66A | - | €136 | +€136 | |
| Gross operating margin | 9900 | €1,740,857 | €2,521,447 | +€780,590 | +44.8% |
| Operating profit (loss) | 9901 | €968,154 | €1,575,606 | +€607,452 | +62.7% |
| Financial income | 75/76B | €11,766 | €69,683 | +€57,917 | +492.3% |
| Recurring financial income | 75 | €11,766 | €7,245 | -€4,521 | -38.4% |
| Non-recurring financial income | 76B | - | €62,438 | +€62,438 | |
| Financial charges | 65/66B | €13,617 | €14,617 | +€999 | +7.3% |
| Recurring financial charges | 65 | €13,617 | €14,617 | +€999 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €966,302 | €1,630,672 | +€664,370 | +68.8% |
| Income taxes | 67/77 | €255,804 | €419,589 | +€163,785 | +64.0% |
| Profit (loss) for the period | 9904 | €710,498 | €1,211,083 | +€500,585 | +70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €710,498 | €1,211,083 | +€500,585 | +70.5% |
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 3 October 2026 via checked.be.