ABZ: 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.
ABZ
Largest movements
- Tangible fixed assets +€262,628
up €262,628 (+86.8%), from €302,567 to €565,195
of which Land and buildings: +€257,344
- Cash -€63,152
down €63,152 (-45.9%), from €137,479 to €74,327
mainly Investment in fixed assets (net) (-€276,804) and Current investments (-€10,000)
- Current investments +€10,000
up €10,000 (+346%), from €2,890 to €12,890
- Debts after one year +€159,290
up €159,290 (+95.3%), from €167,161 to €326,451
- Reserves +€28,425
up €28,425 (+9.9%), from €285,891 to €314,315
- Current portion of long-term debt +€10,140
up €10,140 (+101%), from €10,040 to €20,181
- Trade debts +€8,869
up €8,869 (+3,881%), from €229 to €9,097
- Accrued charges and deferred income +€7,755
up €7,755 (+1,536%), from €505 to €8,260
- Other operating charges +€25,066
up €25,066 (+2,202%), from €1,138 to €26,204
- Gross operating margin +€17,694
up €17,694 (+21.3%), from €83,042 to €100,736
- Financial charges +€6,334
up €6,334 (+85.7%), from €7,388 to €13,722
- Depreciation +€4,969
up €4,969 (+54.0%), from €9,206 to €14,175
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.
Derived cash bridge
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 | €477,787 | €690,476 | +€212,688 | +44.5% |
| Fixed assets | 21/28 | €303,567 | €566,195 | +€262,628 | +86.5% |
| Tangible fixed assets | 22/27 | €302,567 | €565,195 | +€262,628 | +86.8% |
| Land and buildings | 22 | €279,744 | €537,088 | +€257,344 | +92.0% |
| Plant, machinery and equipment | 23 | €891 | €491 | -€400 | -44.9% |
| Furniture and vehicles | 24 | €20,357 | €26,690 | +€6,333 | +31.1% |
| Other tangible fixed assets | 26 | €1,575 | €927 | -€648 | -41.1% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €174,220 | €124,281 | -€49,940 | -28.7% |
| Amounts receivable within one year | 40/41 | €33,214 | €34,584 | +€1,370 | +4.1% |
| Trade receivables | 40 | €28,572 | €32,898 | +€4,327 | +15.1% |
| Other amounts receivable | 41 | €4,643 | €1,686 | -€2,957 | -63.7% |
| Current investments | 50/53 | €2,890 | €12,890 | +€10,000 | +346% |
| Cash at bank and in hand | 54/58 | €137,479 | €74,327 | -€63,152 | -45.9% |
| Deferred charges and accrued income | 490/1 | €636 | €2,479 | +€1,842 | +289% |
| Total equity and liabilities | 10/49 | €477,787 | €690,476 | +€212,688 | +44.5% |
| Equity | 10/15 | €286,891 | €315,315 | +€28,425 | +9.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,000 | €1,000 | = | 0.0% |
| Other | 1109/19 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €285,891 | €314,315 | +€28,425 | +9.9% |
| Distributable reserves | 133 | €285,891 | €314,315 | +€28,425 | +9.9% |
| Amounts payable | 17/49 | €190,897 | €375,160 | +€184,264 | +96.5% |
| Amounts payable after more than one year | 17 | €167,161 | €326,451 | +€159,290 | +95.3% |
| Financial debts | 170/4 | €167,161 | €326,451 | +€159,290 | +95.3% |
| Amounts payable within one year | 42/48 | €23,230 | €40,449 | +€17,219 | +74.1% |
| Current portion of amounts payable after more than one year | 42 | €10,040 | €20,181 | +€10,140 | +101% |
| Trade debts | 44 | €229 | €9,097 | +€8,869 | +3,881% |
| Suppliers | 440/4 | €229 | €9,097 | +€8,869 | +3,881% |
| Taxes, remuneration and social security | 45 | €10,575 | €10,801 | +€225 | +2.1% |
| Taxes | 450/3 | €10,575 | €8,621 | -€1,955 | -18.5% |
| Remuneration and social security | 454/9 | - | €2,180 | +€2,180 | |
| Other amounts payable | 47/48 | €2,386 | €371 | -€2,015 | -84.5% |
| Accrued charges and deferred income | 492/3 | €505 | €8,260 | +€7,755 | +1,536% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,206 | €14,175 | +€4,969 | +54.0% |
| Other operating charges | 640/8 | €1,138 | €26,204 | +€25,066 | +2,202% |
| Non-recurring operating charges | 66A | - | €2,896 | +€2,896 | |
| Gross operating margin | 9900 | €83,042 | €100,736 | +€17,694 | +21.3% |
| Operating profit (loss) | 9901 | €72,697 | €57,461 | -€15,237 | -21.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €7,388 | €13,722 | +€6,334 | +85.7% |
| Recurring financial charges | 65 | €7,388 | €13,722 | +€6,334 | +85.7% |
| Profit (loss) for the period before taxes | 9903 | €65,309 | €43,739 | -€21,571 | -33.0% |
| Income taxes | 67/77 | €15,360 | €15,314 | -€46 | -0.3% |
| Profit (loss) for the period | 9904 | €49,950 | €28,425 | -€21,525 | -43.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,950 | €28,425 | -€21,525 | -43.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.