ABVISE: 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.
ABVISE
Largest movements
- Cash +€130,712
up €130,712 (+332.1%), from €39,364 to €170,076
mainly Receivables within one year (+€86,547) and Net result for the year (+€73,938)
- Receivables within one year -€86,547
down €86,547 (-98.8%), from €87,576 to €1,029
of which Other amounts receivable: -€80,308
- Stocks and contracts +€26,554
new in 2025: €26,554
- Reserves +€73,500
up €73,500 (+68.4%), from €107,487 to €180,987
- Debts after one year -€6,902
down €6,902 (-18.4%), from €37,580 to €30,679
- Gross operating margin +€41,421
up €41,421 (+53.7%), from €77,102 to €118,523
- Taxes +€13,096
up €13,096 (+54.6%), from €23,975 to €37,072
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 | €179,922 | €249,091 | +€69,169 | +38.4% |
| Fixed assets | 21/28 | €49,804 | €48,429 | -€1,375 | -2.8% |
| Tangible fixed assets | 22/27 | €49,804 | €48,429 | -€1,375 | -2.8% |
| Land and buildings | 22 | €49,804 | €48,429 | -€1,375 | -2.8% |
| Current assets | 29/58 | €130,118 | €200,662 | +€70,544 | +54.2% |
| Stocks and contracts in progress | 3 | - | €26,554 | +€26,554 | |
| Stocks | 30/36 | - | €26,554 | +€26,554 | |
| Amounts receivable within one year | 40/41 | €87,576 | €1,029 | -€86,547 | -98.8% |
| Trade receivables | 40 | €7,268 | €1,029 | -€6,239 | -85.8% |
| Other amounts receivable | 41 | €80,308 | - | -€80,308 | |
| Cash at bank and in hand | 54/58 | €39,364 | €170,076 | +€130,712 | +332.1% |
| Deferred charges and accrued income | 490/1 | €3,178 | €3,003 | -€175 | -5.5% |
| Total equity and liabilities | 10/49 | €179,922 | €249,091 | +€69,169 | +38.4% |
| Equity | 10/15 | €107,987 | €181,926 | +€73,938 | +68.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €107,487 | €180,987 | +€73,500 | +68.4% |
| Non-distributable reserves | 130/1 | €107,487 | €180,987 | +€73,500 | +68.4% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Other | 1319 | €107,437 | €180,937 | +€73,500 | +68.4% |
| Profit (loss) carried forward | 14 | - | €438 | +€438 | |
| Amounts payable | 17/49 | €71,934 | €67,165 | -€4,769 | -6.6% |
| Amounts payable after more than one year | 17 | €37,580 | €30,679 | -€6,902 | -18.4% |
| Financial debts | 170/4 | €37,580 | €30,679 | -€6,902 | -18.4% |
| Amounts payable within one year | 42/48 | €34,314 | €36,446 | +€2,132 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €6,432 | €6,902 | +€470 | +7.3% |
| Trade debts | 44 | - | €225 | +€225 | |
| Suppliers | 440/4 | - | €225 | +€225 | |
| Taxes, remuneration and social security | 45 | €7,701 | €7,092 | -€609 | -7.9% |
| Taxes | 450/3 | €7,701 | €7,092 | -€609 | -7.9% |
| Other amounts payable | 47/48 | €20,181 | €22,227 | +€2,047 | +10.1% |
| Accrued charges and deferred income | 492/3 | €40 | €41 | +€1 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,466 | €1,375 | -€92 | -6.2% |
| Other operating charges | 640/8 | €2,895 | €3,083 | +€188 | +6.5% |
| Gross operating margin | 9900 | €77,102 | €118,523 | +€41,421 | +53.7% |
| Operating profit (loss) | 9901 | €72,741 | €114,065 | +€41,324 | +56.8% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €3,533 | €3,055 | -€478 | -13.5% |
| Recurring financial charges | 65 | €3,533 | €3,055 | -€478 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €69,210 | €111,010 | +€41,800 | +60.4% |
| Income taxes | 67/77 | €23,975 | €37,072 | +€13,096 | +54.6% |
| Profit (loss) for the period | 9904 | €45,235 | €73,938 | +€28,704 | +63.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,235 | €73,938 | +€28,704 | +63.5% |
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 9 October 2026 via checked.be.