ABXTRACT: 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.
ABXTRACT
Largest movements
- Receivables within one year -€121,964
down €121,964 (-54.2%), from €224,948 to €102,984
of which Trade receivables: -€98,361
- Tangible fixed assets -€49,135
down €49,135 (-5.2%), from €944,068 to €894,932
of which Land and buildings: -€50,942
- Trade debts -€121,023
down €121,023 (-89.1%), from €135,819 to €14,796
- Debts after one year -€49,383
down €49,383 (-7.5%), from €657,506 to €608,124
- Reserves +€27,204
up €27,204 (+9.6%), from €283,738 to €310,941
- Current portion of long-term debt -€21,887
down €21,887 (-28.7%), from €76,270 to €54,383
- Gross operating margin -€39,035
down €39,035 (-25.2%), from €155,176 to €116,142
- Taxes -€4,976
down €4,976 (-30.3%), from €16,411 to €11,435
- Depreciation -€4,061
down €4,061 (-7.1%), from €57,584 to €53,523
- Other operating charges -€2,367
down €2,367 (-23.6%), from €10,021 to €7,654
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 | €1,241,053 | €1,058,155 | -€182,899 | -14.7% |
| Fixed assets | 21/28 | €944,068 | €894,932 | -€49,135 | -5.2% |
| Tangible fixed assets | 22/27 | €944,068 | €894,932 | -€49,135 | -5.2% |
| Land and buildings | 22 | €940,030 | €889,089 | -€50,942 | -5.4% |
| Plant, machinery and equipment | 23 | €402 | €188 | -€213 | -53.1% |
| Furniture and vehicles | 24 | €3,636 | €5,655 | +€2,020 | +55.5% |
| Current assets | 29/58 | €296,986 | €163,222 | -€133,763 | -45.0% |
| Amounts receivable within one year | 40/41 | €224,948 | €102,984 | -€121,964 | -54.2% |
| Trade receivables | 40 | €188,392 | €90,032 | -€98,361 | -52.2% |
| Other amounts receivable | 41 | €36,556 | €12,952 | -€23,604 | -64.6% |
| Cash at bank and in hand | 54/58 | €66,774 | €59,172 | -€7,602 | -11.4% |
| Deferred charges and accrued income | 490/1 | €5,264 | €1,067 | -€4,197 | -79.7% |
| Total equity and liabilities | 10/49 | €1,241,053 | €1,058,155 | -€182,899 | -14.7% |
| Equity | 10/15 | €314,279 | €341,482 | +€27,204 | +8.7% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Outside capital | 11 | €12,500 | - | -€12,500 | |
| Other | 1109/19 | €12,500 | - | -€12,500 | |
| Reserves | 13 | €283,738 | €310,941 | +€27,204 | +9.6% |
| Distributable reserves | 133 | €283,738 | €310,941 | +€27,204 | +9.6% |
| Profit (loss) carried forward | 14 | €18,041 | €18,041 | = | 0.0% |
| Amounts payable | 17/49 | €926,775 | €716,672 | -€210,102 | -22.7% |
| Amounts payable after more than one year | 17 | €657,506 | €608,124 | -€49,383 | -7.5% |
| Financial debts | 170/4 | €657,506 | €608,124 | -€49,383 | -7.5% |
| Amounts payable within one year | 42/48 | €269,269 | €108,549 | -€160,720 | -59.7% |
| Current portion of amounts payable after more than one year | 42 | €76,270 | €54,383 | -€21,887 | -28.7% |
| Trade debts | 44 | €135,819 | €14,796 | -€121,023 | -89.1% |
| Suppliers | 440/4 | €135,819 | €14,796 | -€121,023 | -89.1% |
| Taxes, remuneration and social security | 45 | €22,658 | €16,634 | -€6,024 | -26.6% |
| Taxes | 450/3 | €22,658 | €16,634 | -€6,024 | -26.6% |
| Other amounts payable | 47/48 | €34,521 | €22,736 | -€11,786 | -34.1% |
| Non-recurring operating income | 76A | €18,137 | - | -€18,137 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,584 | €53,523 | -€4,061 | -7.1% |
| Other operating charges | 640/8 | €10,021 | €7,654 | -€2,367 | -23.6% |
| Gross operating margin | 9900 | €155,176 | €116,142 | -€39,035 | -25.2% |
| Operating profit (loss) | 9901 | €87,571 | €54,964 | -€32,607 | -37.2% |
| Financial income | 75/76B | €603 | €623 | +€20 | +3.3% |
| Recurring financial income | 75 | €603 | €623 | +€20 | +3.3% |
| Financial charges | 65/66B | €16,661 | €16,949 | +€287 | +1.7% |
| Recurring financial charges | 65 | €16,661 | €16,949 | +€287 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €71,513 | €38,639 | -€32,874 | -46.0% |
| Income taxes | 67/77 | €16,411 | €11,435 | -€4,976 | -30.3% |
| Profit (loss) for the period | 9904 | €55,102 | €27,204 | -€27,898 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,102 | €27,204 | -€27,898 | -50.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.