ABYLSEN BELGIUM: what changed
What changed
ABYLSEN BELGIUM
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €859,050+€617,933
Equity
€44.5m
2024 · €43.0m+€1.5m
Cash
€1.0m
2024 · €8.2m-€7.2m
Balance sheet total
€65.5m
2024 · €55.3m+€10.2m
Largest movements
Assets
- Receivables within one year +€19.6m
up €19.6m (+78.9%), from €24.9m to €44.5m
of which Other amounts receivable: +€13.4m
- Cash -€7.2m
down €7.2m (-87.3%), from €8.2m to €1.0m
mainly Receivables within one year (-€19.6m) and Accrued charges and deferred income (-€518,777)
- Intangible fixed assets -€2.3m
down €2.3m (-10.9%), from €21.4m to €19.1m
Equity and liabilities
- Short-term financial debts +€7.0m
new in 2025: €7.0m
- Tax, wage and social debts +€1.5m
up €1.5m (+23.3%), from €6.6m to €8.1m
of which Taxes: +€2.4m
- Profit (loss) carried forward +€1.5m
up €1.5m (+9.1%), from €16.1m to €17.5m
- Trade debts +€872,119
up €872,119 (+25.5%), from €3.4m to €4.3m
Income statement
- Turnover -€5.7m
down €5.7m (-10.5%), from €54.1m to €48.5m
- Staff costs -€3.5m
down €3.5m (-11.6%), from €30.3m to €26.8m
- Services and other goods -€1.4m
down €1.4m (-6.9%), from €20.5m to €19.0m
- Other operating income +€1.1m
up €1.1m (+42.7%), from €2.6m to €3.7m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€859,050
Turnover
-€5.7m
Other operating income
+€1.1m
Services and other goods
+€1.4m
Staff costs
+€3.5m
Depreciation
-€125
Provisions
+€432,000
Other operating charges
+€62,934
Other operating items
+€70,487
Financial income
+€29,550
Financial charges
-€282,501
Taxes
-€39,477
Result 2025
€1.5m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€14.0m
Investment
-€176,806
Financing
+€7.0m
Cash 2024
€8.2m
From operations (derived)
-€14.0m
Net result for the year
+€1.5m
Depreciation
+€2.6m
Receivables within one year
-€19.6m
Deferred charges and accrued income
-€112,746
Provisions
-€171,000
Trade debts
+€872,119
Tax, wage and social debts
+€1.5m
Other debts
+€14,356
Accrued charges and deferred income
-€518,777
Investment (derived)
-€176,806
Investment in fixed assets (net)
-€176,806
Financing
+€7.0m
Short-term financial debts
+€7.0m
Cash 2025
€1.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,324,420 | €65,526,084 | +€10.2m | +18.4% |
| Fixed assets | 21/28 | €22,017,873 | €19,630,481 | -€2.4m | -10.8% |
| Intangible fixed assets | 21 | €21,427,740 | €19,084,560 | -€2.3m | -10.9% |
| Tangible fixed assets | 22/27 | €440,223 | €328,278 | -€111,945 | -25.4% |
| Furniture and vehicles | 24 | €81,849 | €60,400 | -€21,449 | -26.2% |
| Other tangible fixed assets | 26 | €358,374 | €267,878 | -€90,496 | -25.3% |
| Financial fixed assets | 28 | €149,910 | €217,643 | +€67,733 | +45.2% |
| Affiliated companies | 280/1 | €10,301 | €10,301 | = | 0.0% |
| Participating interests | 280 | €10,301 | €10,301 | = | 0.0% |
| Other financial fixed assets | 284/8 | €139,609 | €207,342 | +€67,733 | +48.5% |
| Amounts receivable and cash guarantees | 285/8 | €139,609 | €207,342 | +€67,733 | +48.5% |
| Current assets | 29/58 | €33,306,547 | €45,895,603 | +€12.6m | +37.8% |
| Amounts receivable within one year | 40/41 | €24,876,377 | €44,514,385 | +€19.6m | +78.9% |
| Trade receivables | 40 | €7,467,887 | €13,687,026 | +€6.2m | +83.3% |
| Other amounts receivable | 41 | €17,408,490 | €30,827,359 | +€13.4m | +77.1% |
| Cash at bank and in hand | 54/58 | €8,205,495 | €1,043,797 | -€7.2m | -87.3% |
| Deferred charges and accrued income | 490/1 | €224,675 | €337,421 | +€112,746 | +50.2% |
| Total equity and liabilities | 10/49 | €55,324,420 | €65,526,084 | +€10.2m | +18.4% |
| Equity | 10/15 | €42,986,064 | €44,463,047 | +€1.5m | +3.4% |
| Contributions | 10/11 | €26,896,197 | €26,896,197 | = | 0.0% |
| Reserves | 13 | €4,000 | €20,700 | +€16,700 | +418% |
| Non-distributable reserves | 130/1 | €4,000 | €20,700 | +€16,700 | +418% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Other | 1319 | - | €16,700 | +€16,700 | |
| Profit (loss) carried forward | 14 | €16,082,073 | €17,542,356 | +€1.5m | +9.1% |
| Investment grants | 15 | €3,794 | €3,794 | = | 0.0% |
| Provisions and deferred taxes | 16 | €261,000 | €90,000 | -€171,000 | -65.5% |
| Provisions for liabilities and charges | 160/5 | €261,000 | €90,000 | -€171,000 | -65.5% |
| Other liabilities and charges | 164/5 | €261,000 | €90,000 | -€171,000 | -65.5% |
| Amounts payable | 17/49 | €12,077,356 | €20,973,037 | +€8.9m | +73.7% |
| Amounts payable after more than one year | 17 | €1,375,000 | €1,375,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,375,000 | €1,375,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,001,407 | €19,415,865 | +€9.4m | +94.1% |
| Financial debts | 43 | - | €6,996,905 | +€7.0m | |
| Other loans | 439 | - | €6,996,905 | +€7.0m | |
| Trade debts | 44 | €3,419,444 | €4,291,563 | +€872,119 | +25.5% |
| Suppliers | 440/4 | €3,419,444 | €4,291,563 | +€872,119 | +25.5% |
| Taxes, remuneration and social security | 45 | €6,574,784 | €8,105,862 | +€1.5m | +23.3% |
| Taxes | 450/3 | €2,634,084 | €5,075,766 | +€2.4m | +92.7% |
| Remuneration and social security | 454/9 | €3,940,700 | €3,030,096 | -€910,604 | -23.1% |
| Other amounts payable | 47/48 | €7,179 | €21,535 | +€14,356 | +200% |
| Accrued charges and deferred income | 492/3 | €700,949 | €182,172 | -€518,777 | -74.0% |
| Operating income | 70/76A | €56,691,448 | €52,128,180 | -€4.6m | -8.0% |
| Turnover | 70 | €54,126,014 | €48,452,731 | -€5.7m | -10.5% |
| Own construction capitalised | 72 | - | €15,271 | +€15,271 | |
| Other operating income | 74 | €2,565,434 | €3,660,178 | +€1.1m | +42.7% |
| Operating charges | 60/66A | €53,820,788 | €48,347,159 | -€5.5m | -10.2% |
| Services and other goods | 61 | €20,462,292 | €19,049,984 | -€1.4m | -6.9% |
| Remuneration, social security and pensions | 62 | €30,290,470 | €26,779,174 | -€3.5m | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,564,073 | €2,564,198 | +€125 | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €261,000 | -€171,000 | -€432,000 | |
| Other operating charges | 640/8 | €187,737 | €124,803 | -€62,934 | -33.5% |
| Non-recurring operating charges | 66A | €55,216 | - | -€55,216 | |
| Operating profit (loss) | 9901 | €2,870,660 | €3,781,021 | +€910,361 | +31.7% |
| Financial income | 75/76B | €609,245 | €638,795 | +€29,550 | +4.9% |
| Recurring financial income | 75 | €609,245 | €638,795 | +€29,550 | +4.9% |
| Income from financial fixed assets | 750 | €609,245 | €638,795 | +€29,550 | +4.9% |
| Financial charges | 65/66B | €742,426 | €1,024,927 | +€282,501 | +38.1% |
| Recurring financial charges | 65 | €742,426 | €1,024,927 | +€282,501 | +38.1% |
| Debt charges | 650 | €742,426 | €1,024,927 | +€282,501 | +38.1% |
| Profit (loss) for the period before taxes | 9903 | €2,737,479 | €3,394,889 | +€657,410 | +24.0% |
| Income taxes | 67/77 | €1,878,429 | €1,917,906 | +€39,477 | +2.1% |
| Taxes | 670/3 | €1,878,429 | €1,917,906 | +€39,477 | +2.1% |
| Profit (loss) for the period | 9904 | €859,050 | €1,476,983 | +€617,933 | +71.9% |
| Transfer to tax-exempt reserves | 689 | - | €16,700 | +€16,700 | |
| Profit (loss) for the period to be appropriated | 9905 | €859,050 | €1,460,283 | +€601,233 | +70.0% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.