CORE-ABISS: 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.
CORE-ABISS
Largest movements
- Tangible fixed assets +€562,477
up €562,477 (+1,019%), from €55,220 to €617,697
of which Other tangible fixed assets: +€469,966
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Cash +€147,107
up €147,107 (+95.5%), from €153,967 to €301,075
mainly Debts after one year (+€368,758) and Current investments (+€150,000)
- Receivables within one year -€59,685
down €59,685 (-68.7%), from €86,881 to €27,196
of which Other amounts receivable: -€31,689
- Stocks and contracts +€27,747
up €27,747 (+21.6%), from €128,602 to €156,348
- Debts after one year +€368,758
new in 2025: €368,758
- Reserves +€71,524
up €71,524 (+19.0%), from €376,527 to €448,051
of which Distributable reserves: +€73,379
- Current portion of long-term debt +€39,338
new in 2025: €39,338
- Other debts +€22,558
up €22,558 (+380%), from €5,933 to €28,491
- Tax, wage and social debts +€15,379
up €15,379 (+28.2%), from €54,630 to €70,009
of which Taxes: +€15,366
- Depreciation +€23,931
up €23,931 (+387%), from €6,191 to €30,122
- Financial charges +€11,125
up €11,125 (+6,544%), from €170 to €11,295
- Gross operating margin +€9,947
up €9,947 (+5.5%), from €180,847 to €190,795
- Taxes -€5,400
down €5,400 (-9.4%), from €57,386 to €51,986
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 | €574,669 | €1,103,481 | +€528,812 | +92.0% |
| Fixed assets | 21/28 | €55,220 | €617,697 | +€562,477 | +1,019% |
| Tangible fixed assets | 22/27 | €55,220 | €617,697 | +€562,477 | +1,019% |
| Land and buildings | 22 | - | €98,000 | +€98,000 | |
| Plant, machinery and equipment | 23 | €323 | €1,322 | +€999 | +310% |
| Furniture and vehicles | 24 | €54,897 | €48,408 | -€6,489 | -11.8% |
| Other tangible fixed assets | 26 | - | €469,966 | +€469,966 | |
| Current assets | 29/58 | €519,449 | €485,784 | -€33,666 | -6.5% |
| Stocks and contracts in progress | 3 | €128,602 | €156,348 | +€27,747 | +21.6% |
| Stocks | 30/36 | €128,602 | €156,348 | +€27,747 | +21.6% |
| Amounts receivable within one year | 40/41 | €86,881 | €27,196 | -€59,685 | -68.7% |
| Trade receivables | 40 | €37,784 | €9,788 | -€27,996 | -74.1% |
| Other amounts receivable | 41 | €49,096 | €17,407 | -€31,689 | -64.5% |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €153,967 | €301,075 | +€147,107 | +95.5% |
| Deferred charges and accrued income | 490/1 | - | €1,166 | +€1,166 | |
| Total equity and liabilities | 10/49 | €574,669 | €1,103,481 | +€528,812 | +92.0% |
| Equity | 10/15 | €382,727 | €456,106 | +€73,379 | +19.2% |
| Contributions | 10/11 | €6,200 | €8,055 | +€1,855 | +29.9% |
| Reserves | 13 | €376,527 | €448,051 | +€71,524 | +19.0% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | €374,672 | €448,051 | +€73,379 | +19.6% |
| Provisions and deferred taxes | 16 | €130,000 | €130,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €130,000 | €130,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €130,000 | €130,000 | = | 0.0% |
| Amounts payable | 17/49 | €61,943 | €517,375 | +€455,432 | +735% |
| Amounts payable after more than one year | 17 | - | €368,758 | +€368,758 | |
| Financial debts | 170/4 | - | €368,758 | +€368,758 | |
| Amounts payable within one year | 42/48 | €61,414 | €148,617 | +€87,203 | +142% |
| Current portion of amounts payable after more than one year | 42 | - | €39,338 | +€39,338 | |
| Trade debts | 44 | €851 | €10,780 | +€9,929 | +1,166% |
| Suppliers | 440/4 | €851 | €10,780 | +€9,929 | +1,166% |
| Taxes, remuneration and social security | 45 | €54,630 | €70,009 | +€15,379 | +28.2% |
| Taxes | 450/3 | €50,975 | €66,341 | +€15,366 | +30.1% |
| Remuneration and social security | 454/9 | €3,655 | €3,667 | +€12 | +0.3% |
| Other amounts payable | 47/48 | €5,933 | €28,491 | +€22,558 | +380% |
| Accrued charges and deferred income | 492/3 | €528 | - | -€528 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,191 | €30,122 | +€23,931 | +387% |
| Other operating charges | 640/8 | €4,403 | €2,632 | -€1,771 | -40.2% |
| Gross operating margin | 9900 | €180,847 | €190,795 | +€9,947 | +5.5% |
| Operating profit (loss) | 9901 | €170,253 | €158,040 | -€12,213 | -7.2% |
| Financial income | 75/76B | €3,177 | €3,502 | +€324 | +10.2% |
| Recurring financial income | 75 | €3,177 | €3,502 | +€324 | +10.2% |
| Financial charges | 65/66B | €170 | €11,295 | +€11,125 | +6,544% |
| Recurring financial charges | 65 | €170 | €11,295 | +€11,125 | +6,544% |
| Profit (loss) for the period before taxes | 9903 | €173,260 | €150,247 | -€23,013 | -13.3% |
| Income taxes | 67/77 | €57,386 | €51,986 | -€5,400 | -9.4% |
| Profit (loss) for the period | 9904 | €115,874 | €98,261 | -€17,613 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €115,874 | €98,261 | -€17,613 | -15.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.