DEN ABAZJOER: 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.
DEN ABAZJOER
Largest movements
- Receivables after one year +€47,862
new in 2025: €47,862
- Receivables within one year -€13,065
down €13,065 (-19.5%), from €67,122 to €54,057
of which Other amounts receivable: -€66,663
- Cash -€4,549
down €4,549 (-9.6%), from €47,217 to €42,667
mainly Receivables after one year (-€47,862) and Net result for the year (-€9,758)
- Deferred charges and accrued income -€3,732
down €3,732 (-56.6%), from €6,592 to €2,860
- Tangible fixed assets +€2,695
up €2,695 (+14.9%), from €18,141 to €20,836
of which Plant, machinery and equipment: +€2,288
- Trade debts +€28,690
up €28,690 (+67.6%), from €42,468 to €71,158
- Tax, wage and social debts +€13,397
up €13,397 (+79.2%), from €16,925 to €30,322
of which Taxes: +€6,780
- Profit (loss) carried forward -€9,758
down €9,758 (-23.2%), from €42,105 to €32,346
- Accrued charges and deferred income -€2,998
down €2,998 (-100%), from €2,998 to €0
- Staff costs +€45,991
up €45,991 (+101%), from €45,313 to €91,304
- Gross operating margin +€17,197
up €17,197 (+23.4%), from €73,360 to €90,557
- Financial income -€5,307
down €5,307 (-100.0%), from €5,307 to €0
of which Non-recurring financial income: -€5,306
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 | €140,795 | €170,126 | +€29,331 | +20.8% |
| Fixed assets | 21/28 | €19,059 | €21,755 | +€2,695 | +14.1% |
| Tangible fixed assets | 22/27 | €18,141 | €20,836 | +€2,695 | +14.9% |
| Plant, machinery and equipment | 23 | €8,057 | €10,344 | +€2,288 | +28.4% |
| Furniture and vehicles | 24 | €5,696 | €6,916 | +€1,220 | +21.4% |
| Other tangible fixed assets | 26 | €4,389 | €3,576 | -€812 | -18.5% |
| Financial fixed assets | 28 | €918 | €918 | = | 0.0% |
| Current assets | 29/58 | €121,736 | €148,371 | +€26,635 | +21.9% |
| Amounts receivable after more than one year | 29 | - | €47,862 | +€47,862 | |
| Other amounts receivable | 291 | - | €47,862 | +€47,862 | |
| Stocks and contracts in progress | 3 | €805 | €924 | +€119 | +14.8% |
| Stocks | 30/36 | €805 | €924 | +€119 | +14.8% |
| Amounts receivable within one year | 40/41 | €67,122 | €54,057 | -€13,065 | -19.5% |
| Trade receivables | 40 | €209 | €53,807 | +€53,599 | +25,676% |
| Other amounts receivable | 41 | €66,913 | €250 | -€66,663 | -99.6% |
| Cash at bank and in hand | 54/58 | €47,217 | €42,667 | -€4,549 | -9.6% |
| Deferred charges and accrued income | 490/1 | €6,592 | €2,860 | -€3,732 | -56.6% |
| Total equity and liabilities | 10/49 | €140,795 | €170,126 | +€29,331 | +20.8% |
| Equity | 10/15 | €78,405 | €68,646 | -€9,758 | -12.4% |
| Contributions | 10/11 | €33,000 | €33,000 | = | 0.0% |
| Reserves | 13 | €3,300 | €3,300 | = | 0.0% |
| Distributable reserves | 133 | €3,300 | €3,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,105 | €32,346 | -€9,758 | -23.2% |
| Amounts payable | 17/49 | €62,391 | €101,480 | +€39,089 | +62.7% |
| Amounts payable within one year | 42/48 | €59,392 | €101,480 | +€42,087 | +70.9% |
| Trade debts | 44 | €42,468 | €71,158 | +€28,690 | +67.6% |
| Suppliers | 440/4 | €42,468 | €71,158 | +€28,690 | +67.6% |
| Taxes, remuneration and social security | 45 | €16,925 | €30,322 | +€13,397 | +79.2% |
| Taxes | 450/3 | €4,335 | €11,115 | +€6,780 | +156% |
| Remuneration and social security | 454/9 | €12,590 | €19,207 | +€6,617 | +52.6% |
| Accrued charges and deferred income | 492/3 | €2,998 | €0 | -€2,998 | -100% |
| Remuneration, social security and pensions | 62 | €45,313 | €91,304 | +€45,991 | +101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,362 | €3,999 | +€637 | +18.9% |
| Other operating charges | 640/8 | €648 | €948 | +€300 | +46.2% |
| Gross operating margin | 9900 | €73,360 | €90,557 | +€17,197 | +23.4% |
| Operating profit (loss) | 9901 | €24,036 | -€5,694 | -€29,730 | |
| Financial income | 75/76B | €5,307 | €0 | -€5,307 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -95.9% |
| Non-recurring financial income | 76B | €5,306 | €0 | -€5,306 | -100% |
| Financial charges | 65/66B | €4,474 | €3,905 | -€569 | -12.7% |
| Recurring financial charges | 65 | €4,474 | €3,905 | -€569 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €24,869 | -€9,599 | -€34,468 | |
| Income taxes | 67/77 | €173 | €159 | -€14 | -8.2% |
| Profit (loss) for the period | 9904 | €24,695 | -€9,758 | -€34,454 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,695 | -€9,758 | -€34,454 |
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.