ABV ENVIRONMENT: 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.
ABV ENVIRONMENT
Largest movements
- Cash +€129,590
up €129,590 (+81.2%), from €159,675 to €289,265
mainly Trade debts (+€169,875) and Short-term financial debts (+€150,000)
- Tangible fixed assets -€30,626
down €30,626 (-14.5%), from €210,736 to €180,110
of which Plant, machinery and equipment: -€26,410
- Receivables within one year -€18,356
down €18,356 (-1.7%), from €1.1m to €1.1m
of which Trade receivables: -€65,988
- Trade debts +€169,875
up €169,875 (+74.4%), from €228,343 to €398,218
- Short-term financial debts +€150,000
up €150,000 (+100.0%), from €150,000 to €300,000
- Tax, wage and social debts -€105,198
down €105,198 (-28.9%), from €363,943 to €258,745
of which Taxes: -€94,553
- Debts after one year -€90,701
down €90,701 (-42.7%), from €212,175 to €121,474
- Other debts -€53,449
down €53,449 (-91.5%), from €58,412 to €4,963
- Staff costs +€179,748
up €179,748 (+8.9%), from €2.0m to €2.2m
- Gross operating margin +€94,013
up €94,013 (+4.2%), from €2.2m to €2.3m
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 | €1,732,955 | €1,804,706 | +€71,751 | +4.1% |
| Fixed assets | 21/28 | €212,086 | €181,460 | -€30,626 | -14.4% |
| Tangible fixed assets | 22/27 | €210,736 | €180,110 | -€30,626 | -14.5% |
| Plant, machinery and equipment | 23 | €193,972 | €167,562 | -€26,410 | -13.6% |
| Furniture and vehicles | 24 | €15,900 | €12,093 | -€3,807 | -23.9% |
| Leasing and similar rights | 25 | €864 | €456 | -€409 | -47.3% |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €1,520,869 | €1,623,246 | +€102,377 | +6.7% |
| Amounts receivable within one year | 40/41 | €1,079,358 | €1,061,002 | -€18,356 | -1.7% |
| Trade receivables | 40 | €1,052,886 | €986,898 | -€65,988 | -6.3% |
| Other amounts receivable | 41 | €26,472 | €74,104 | +€47,632 | +179.9% |
| Current investments | 50/53 | €245,000 | €245,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €159,675 | €289,265 | +€129,590 | +81.2% |
| Deferred charges and accrued income | 490/1 | €36,836 | €27,978 | -€8,858 | -24.0% |
| Total equity and liabilities | 10/49 | €1,732,955 | €1,804,706 | +€71,751 | +4.1% |
| Equity | 10/15 | €598,046 | €636,297 | +€38,251 | +6.4% |
| Contributions | 10/11 | €26,400 | €26,400 | = | 0.0% |
| Reserves | 13 | €262,500 | €262,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €245,000 | €245,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €245,000 | €245,000 | = | 0.0% |
| Distributable reserves | 133 | €17,500 | €17,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €309,146 | €347,397 | +€38,251 | +12.4% |
| Amounts payable | 17/49 | €1,134,909 | €1,168,409 | +€33,500 | +3.0% |
| Amounts payable after more than one year | 17 | €212,175 | €121,474 | -€90,701 | -42.7% |
| Financial debts | 170/4 | €212,175 | €121,474 | -€90,701 | -42.7% |
| Amounts payable within one year | 42/48 | €922,734 | €1,046,935 | +€124,201 | +13.5% |
| Current portion of amounts payable after more than one year | 42 | €122,036 | €85,009 | -€37,027 | -30.3% |
| Financial debts | 43 | €150,000 | €300,000 | +€150,000 | +100.0% |
| Credit institutions | 430/8 | €150,000 | €300,000 | +€150,000 | +100.0% |
| Trade debts | 44 | €228,343 | €398,218 | +€169,875 | +74.4% |
| Suppliers | 440/4 | €228,343 | €398,218 | +€169,875 | +74.4% |
| Taxes, remuneration and social security | 45 | €363,943 | €258,745 | -€105,198 | -28.9% |
| Taxes | 450/3 | €138,316 | €43,763 | -€94,553 | -68.4% |
| Remuneration and social security | 454/9 | €225,628 | €214,982 | -€10,645 | -4.7% |
| Other amounts payable | 47/48 | €58,412 | €4,963 | -€53,449 | -91.5% |
| Remuneration, social security and pensions | 62 | €2,009,324 | €2,189,072 | +€179,748 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,128 | €44,625 | -€503 | -1.1% |
| Other operating charges | 640/8 | €596 | €2,846 | +€2,249 | +377.2% |
| Gross operating margin | 9900 | €2,240,989 | €2,335,002 | +€94,013 | +4.2% |
| Operating profit (loss) | 9901 | €185,941 | €98,459 | -€87,481 | -47.0% |
| Financial income | 75/76B | €3,720 | €22 | -€3,698 | -99.4% |
| Recurring financial income | 75 | €3,720 | €22 | -€3,698 | -99.4% |
| Financial charges | 65/66B | €25,562 | €20,774 | -€4,787 | -18.7% |
| Recurring financial charges | 65 | €25,562 | €20,774 | -€4,787 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €164,099 | €77,707 | -€86,391 | -52.6% |
| Income taxes | 67/77 | €57,000 | €39,456 | -€17,544 | -30.8% |
| Profit (loss) for the period | 9904 | €107,099 | €38,251 | -€68,848 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €107,099 | €38,251 | -€68,848 | -64.3% |
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 10 October 2026 via checked.be.