AUBEL: 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.
AUBEL
Largest movements
- Cash +€26,569
up €26,569 (+2185.5%), from €1,216 to €27,784
mainly Net result for the year (+€37,458) and Depreciation (+€26,559)
- Tangible fixed assets -€25,733
down €25,733 (-5.0%), from €514,434 to €488,700
of which Land and buildings: -€23,765
- Receivables within one year +€22,395
up €22,395 (+13.8%), from €162,536 to €184,931
of which Other amounts receivable: +€25,127
- Profit (loss) carried forward +€39,122
up €39,122 (+2.7%), from €1.5m to €1.5m
- Debts after one year -€18,850
down €18,850 (-16.9%), from €111,528 to €92,678
- Financial income -€125,517
down €125,517 (-77.2%), from €162,500 to €36,983
- Financial charges -€58,170
down €58,170 (-90.7%), from €64,114 to €5,944
of which Non-recurring financial charges: -€51,209
- Gross operating margin -€12,892
down €12,892 (-24.7%), from €52,105 to €39,213
- Other operating charges -€1,775
down €1,775 (-28.2%), from €6,290 to €4,515
- Depreciation -€808
down €808 (-3.0%), from €27,367 to €26,559
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 | €1,664,248 | €1,692,388 | +€28,141 | +1.7% |
| Fixed assets | 21/28 | €1,314,851 | €1,289,118 | -€25,733 | -2.0% |
| Tangible fixed assets | 22/27 | €514,434 | €488,700 | -€25,733 | -5.0% |
| Land and buildings | 22 | €506,790 | €483,025 | -€23,765 | -4.7% |
| Furniture and vehicles | 24 | €7,643 | €5,676 | -€1,968 | -25.7% |
| Financial fixed assets | 28 | €800,418 | €800,418 | = | 0.0% |
| Current assets | 29/58 | €349,397 | €403,271 | +€53,874 | +15.4% |
| Amounts receivable within one year | 40/41 | €162,536 | €184,931 | +€22,395 | +13.8% |
| Trade receivables | 40 | €3,315 | €583 | -€2,732 | -82.4% |
| Other amounts receivable | 41 | €159,221 | €184,348 | +€25,127 | +15.8% |
| Current investments | 50/53 | €183,292 | €182,271 | -€1,022 | -0.6% |
| Cash at bank and in hand | 54/58 | €1,216 | €27,784 | +€26,569 | +2185.5% |
| Deferred charges and accrued income | 490/1 | €2,353 | €8,285 | +€5,932 | +252.1% |
| Total equity and liabilities | 10/49 | €1,664,248 | €1,692,388 | +€28,141 | +1.7% |
| Equity | 10/15 | €1,491,151 | €1,528,609 | +€37,458 | +2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,164 | €18,500 | -€1,664 | -8.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €18,304 | €16,640 | -€1,664 | -9.1% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,452,387 | €1,491,509 | +€39,122 | +2.7% |
| Provisions and deferred taxes | 16 | €6,101 | €5,547 | -€555 | -9.1% |
| Deferred taxes | 168 | €6,101 | €5,547 | -€555 | -9.1% |
| Amounts payable | 17/49 | €166,995 | €158,233 | -€8,763 | -5.2% |
| Amounts payable after more than one year | 17 | €111,528 | €92,678 | -€18,850 | -16.9% |
| Financial debts | 170/4 | €111,528 | €92,678 | -€18,850 | -16.9% |
| Amounts payable within one year | 42/48 | €50,613 | €63,797 | +€13,184 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €18,850 | €18,850 | = | 0.0% |
| Trade debts | 44 | €1,794 | €17,851 | +€16,057 | +895.1% |
| Suppliers | 440/4 | €1,794 | €17,851 | +€16,057 | +895.1% |
| Taxes, remuneration and social security | 45 | €8,934 | €12,177 | +€3,243 | +36.3% |
| Taxes | 450/3 | €8,934 | €12,177 | +€3,243 | +36.3% |
| Other amounts payable | 47/48 | €21,036 | €14,919 | -€6,117 | -29.1% |
| Accrued charges and deferred income | 492/3 | €4,854 | €1,758 | -€3,096 | -63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,367 | €26,559 | -€808 | -3.0% |
| Other operating charges | 640/8 | €6,290 | €4,515 | -€1,775 | -28.2% |
| Gross operating margin | 9900 | €52,105 | €39,213 | -€12,892 | -24.7% |
| Operating profit (loss) | 9901 | €18,449 | €8,140 | -€10,309 | -55.9% |
| Financial income | 75/76B | €162,500 | €36,983 | -€125,517 | -77.2% |
| Recurring financial income | 75 | €162,500 | €36,983 | -€125,517 | -77.2% |
| Financial charges | 65/66B | €64,114 | €5,944 | -€58,170 | -90.7% |
| Recurring financial charges | 65 | €12,905 | €5,944 | -€6,961 | -53.9% |
| Non-recurring financial charges | 66B | €51,209 | €0 | -€51,209 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €116,835 | €39,179 | -€77,657 | -66.5% |
| Transfer from deferred taxes | 780 | €555 | €555 | = | 0.0% |
| Income taxes | 67/77 | €2,430 | €2,275 | -€154 | -6.3% |
| Profit (loss) for the period | 9904 | €114,960 | €37,458 | -€77,502 | -67.4% |
| Transfer from tax-exempt reserves | 789 | €1,664 | €1,664 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €116,624 | €39,122 | -€77,502 | -66.5% |
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 12 October 2026 via checked.be.