ABVg: 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.
ABVg
Largest movements
- Cash +€40,315
up €40,315 (+33.3%), from €120,933 to €161,248
mainly Depreciation (+€38,823) and Receivables within one year (+€7,507)
- Tangible fixed assets -€36,857
down €36,857 (-15.5%), from €238,231 to €201,374
of which Land and buildings: -€27,908
- Receivables within one year -€7,507
down €7,507 (-23.6%), from €31,745 to €24,238
- Tax, wage and social debts -€4,875
down €4,875 (-65.8%), from €7,411 to €2,536
- Gross operating margin -€3,119
down €3,119 (-5.9%), from €52,437 to €49,318
- Depreciation -€596
down €596 (-1.5%), from €39,419 to €38,823
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 | €394,003 | €390,244 | -€3,759 | -1.0% |
| Fixed assets | 21/28 | €238,231 | €201,374 | -€36,857 | -15.5% |
| Tangible fixed assets | 22/27 | €238,231 | €201,374 | -€36,857 | -15.5% |
| Land and buildings | 22 | €208,996 | €181,088 | -€27,908 | -13.4% |
| Furniture and vehicles | 24 | €29,235 | €20,287 | -€8,949 | -30.6% |
| Current assets | 29/58 | €155,772 | €188,869 | +€33,098 | +21.2% |
| Amounts receivable within one year | 40/41 | €31,745 | €24,238 | -€7,507 | -23.6% |
| Trade receivables | 40 | €31,745 | €24,238 | -€7,507 | -23.6% |
| Cash at bank and in hand | 54/58 | €120,933 | €161,248 | +€40,315 | +33.3% |
| Deferred charges and accrued income | 490/1 | €3,094 | €3,384 | +€290 | +9.4% |
| Total equity and liabilities | 10/49 | €394,003 | €390,244 | -€3,759 | -1.0% |
| Equity | 10/15 | €379,091 | €380,016 | +€925 | +0.2% |
| Contributions | 10/11 | €36,325 | €36,325 | = | 0.0% |
| Reserves | 13 | €342,766 | €343,691 | +€925 | +0.3% |
| Distributable reserves | 133 | €342,766 | €343,691 | +€925 | +0.3% |
| Amounts payable | 17/49 | €14,912 | €10,227 | -€4,684 | -31.4% |
| Amounts payable within one year | 42/48 | €14,312 | €9,727 | -€4,584 | -32.0% |
| Financial debts | 43 | - | €39 | +€39 | |
| Credit institutions | 430/8 | - | €39 | +€39 | |
| Trade debts | 44 | €6,634 | €7,152 | +€518 | +7.8% |
| Suppliers | 440/4 | €6,634 | €7,152 | +€518 | +7.8% |
| Taxes, remuneration and social security | 45 | €7,411 | €2,536 | -€4,875 | -65.8% |
| Taxes | 450/3 | €7,411 | €2,536 | -€4,875 | -65.8% |
| Other amounts payable | 47/48 | €267 | €0 | -€267 | -100.0% |
| Accrued charges and deferred income | 492/3 | €600 | €500 | -€100 | -16.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,419 | €38,823 | -€596 | -1.5% |
| Other operating charges | 640/8 | €8,734 | €9,238 | +€503 | +5.8% |
| Gross operating margin | 9900 | €52,437 | €49,318 | -€3,119 | -5.9% |
| Operating profit (loss) | 9901 | €4,284 | €1,258 | -€3,026 | -70.6% |
| Financial income | 75/76B | €1 | €1 | -€0 | -46.5% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -46.5% |
| Financial charges | 65/66B | €503 | €12 | -€491 | -97.6% |
| Recurring financial charges | 65 | €503 | €12 | -€491 | -97.6% |
| Profit (loss) for the period before taxes | 9903 | €3,782 | €1,247 | -€2,535 | -67.0% |
| Income taxes | 67/77 | €390 | €321 | -€69 | -17.6% |
| Profit (loss) for the period | 9904 | €3,392 | €925 | -€2,466 | -72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,392 | €925 | -€2,466 | -72.7% |
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.