ABYSSAL PROCESS: 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.
ABYSSAL PROCESS
Largest movements
- Receivables within one year -€59,073
down €59,073 (-18.0%), from €327,403 to €268,330
of which Other amounts receivable: -€31,812
- Tangible fixed assets -€6,170
down €6,170 (-57.8%), from €10,675 to €4,505
of which Furniture and vehicles: -€5,822
- Debts after one year +€217,622
up €217,622 (+298.9%), from €72,819 to €290,441
- Profit (loss) carried forward -€208,268
down €208,268 (-5132.3%), from -€4,058 to -€212,326
- Trade debts -€88,666
down €88,666 (-89.5%), from €99,050 to €10,384
- Short-term financial debts +€26,658
up €26,658 (+48.8%), from €54,628 to €81,286
of which Credit institutions: +€81,286
- Tax, wage and social debts -€7,700
down €7,700 (-42.7%), from €18,038 to €10,338
of which Remuneration and social security: -€5,122
- Other operating charges +€97,314
up €97,314 (+1278.1%), from €7,614 to €104,928
- Gross operating margin -€92,612
down €92,612, from €51,115 to -€41,497
- Staff costs -€40,572
down €40,572 (-46.7%), from €86,947 to €46,375
- Financial charges +€6,390
up €6,390 (+363.5%), from €1,758 to €8,148
- Taxes -€908
down €908 (-85.0%), from €1,068 to €160
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €351,005 | €284,772 | -€66,233 | -18.9% |
| Fixed assets | 21/28 | €23,602 | €16,442 | -€7,160 | -30.3% |
| Intangible fixed assets | 21 | €3,319 | €2,329 | -€990 | -29.8% |
| Tangible fixed assets | 22/27 | €10,675 | €4,505 | -€6,170 | -57.8% |
| Furniture and vehicles | 24 | €9,818 | €3,996 | -€5,822 | -59.3% |
| Other tangible fixed assets | 26 | €857 | €509 | -€348 | -40.6% |
| Financial fixed assets | 28 | €9,608 | €9,608 | = | 0.0% |
| Current assets | 29/58 | €327,403 | €268,330 | -€59,073 | -18.0% |
| Amounts receivable within one year | 40/41 | €327,403 | €268,330 | -€59,073 | -18.0% |
| Trade receivables | 40 | €167,000 | €139,739 | -€27,261 | -16.3% |
| Other amounts receivable | 41 | €160,403 | €128,591 | -€31,812 | -19.8% |
| Total equity and liabilities | 10/49 | €351,005 | €284,772 | -€66,233 | -18.9% |
| Equity | 10/15 | €64,002 | -€144,266 | -€208,268 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €61,860 | €61,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,058 | -€212,326 | -€208,268 | -5132.3% |
| Amounts payable | 17/49 | €287,003 | €429,038 | +€142,035 | +49.5% |
| Amounts payable after more than one year | 17 | €72,819 | €290,441 | +€217,622 | +298.9% |
| Financial debts | 170/4 | €72,819 | €290,441 | +€217,622 | +298.9% |
| Amounts payable within one year | 42/48 | €214,184 | €138,597 | -€75,587 | -35.3% |
| Financial debts | 43 | €54,628 | €81,286 | +€26,658 | +48.8% |
| Credit institutions | 430/8 | - | €81,286 | +€81,286 | |
| Other loans | 439 | €54,628 | - | -€54,628 | |
| Trade debts | 44 | €99,050 | €10,384 | -€88,666 | -89.5% |
| Suppliers | 440/4 | €99,050 | €10,384 | -€88,666 | -89.5% |
| Taxes, remuneration and social security | 45 | €18,038 | €10,338 | -€7,700 | -42.7% |
| Taxes | 450/3 | €2,578 | - | -€2,578 | |
| Remuneration and social security | 454/9 | €15,460 | €10,338 | -€5,122 | -33.1% |
| Other amounts payable | 47/48 | €42,468 | €36,589 | -€5,879 | -13.8% |
| Remuneration, social security and pensions | 62 | €86,947 | €46,375 | -€40,572 | -46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,792 | €7,160 | -€632 | -8.1% |
| Other operating charges | 640/8 | €7,614 | €104,928 | +€97,314 | +1278.1% |
| Gross operating margin | 9900 | €51,115 | -€41,497 | -€92,612 | |
| Operating profit (loss) | 9901 | -€51,238 | -€199,960 | -€148,722 | -290.3% |
| Financial charges | 65/66B | €1,758 | €8,148 | +€6,390 | +363.5% |
| Recurring financial charges | 65 | €1,758 | €8,148 | +€6,390 | +363.5% |
| Profit (loss) for the period before taxes | 9903 | -€52,996 | -€208,108 | -€155,112 | -292.7% |
| Income taxes | 67/77 | €1,068 | €160 | -€908 | -85.0% |
| Profit (loss) for the period | 9904 | -€54,064 | -€208,268 | -€154,204 | -285.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,064 | -€208,268 | -€154,204 | -285.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.