DEN ABEEL: 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 ABEEL
Largest movements
- Cash +€92,355
up €92,355 (+268.0%), from €34,465 to €126,821
mainly Net result for the year (+€69,199) and Tax, wage and social debts (+€28,539)
- Tangible fixed assets +€35,811
up €35,811 (+255.5%), from €14,015 to €49,825
of which Furniture and vehicles: +€32,999
- Receivables within one year +€7,067
up €7,067 (+52.5%), from €13,473 to €20,540
of which Trade receivables: +€7,610
- Reserves +€69,199
up €69,199 (+128.2%), from €53,994 to €123,193
of which Distributable reserves: +€69,199
- Tax, wage and social debts +€28,539
up €28,539 (+10529.6%), from €271 to €28,810
- Debts after one year +€19,492
up €19,492 (+799.9%), from €2,437 to €21,929
- Trade debts +€13,561
up €13,561 (+82.6%), from €16,414 to €29,974
of which Suppliers: +€13,770
- Short-term financial debts +€3,450
up €3,450 (+47.8%), from €7,220 to €10,670
- Gross operating margin +€82,010
up €82,010 (+446.9%), from €18,353 to €100,363
- Taxes +€23,291
up €23,291 (+16693.5%), from €140 to €23,430
- Depreciation -€16,838
down €16,838 (-63.2%), from €26,653 to €9,815
- Financial income +€16,656
up €16,656 (+4901.5%), from €340 to €16,996
of which Non-recurring financial income: +€16,535
- Staff costs +€1,418
up €1,418 (+16.4%), from €8,661 to €10,079
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 | €61,953 | €197,186 | +€135,234 | +218.3% |
| Fixed assets | 21/28 | €14,015 | €49,825 | +€35,811 | +255.5% |
| Tangible fixed assets | 22/27 | €14,015 | €49,825 | +€35,811 | +255.5% |
| Land and buildings | 22 | €395 | €48 | -€347 | -87.8% |
| Plant, machinery and equipment | 23 | €2,255 | €5,414 | +€3,159 | +140.1% |
| Furniture and vehicles | 24 | €11,365 | €44,364 | +€32,999 | +290.4% |
| Current assets | 29/58 | €47,938 | €147,361 | +€99,423 | +207.4% |
| Amounts receivable within one year | 40/41 | €13,473 | €20,540 | +€7,067 | +52.5% |
| Trade receivables | 40 | - | €7,610 | +€7,610 | |
| Other amounts receivable | 41 | €13,473 | €12,930 | -€543 | -4.0% |
| Cash at bank and in hand | 54/58 | €34,465 | €126,821 | +€92,355 | +268.0% |
| Total equity and liabilities | 10/49 | €61,953 | €197,186 | +€135,234 | +218.3% |
| Equity | 10/15 | €34,662 | €103,861 | +€69,199 | +199.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €53,994 | €123,193 | +€69,199 | +128.2% |
| Non-distributable reserves | 130/1 | €4,994 | €4,994 | = | 0.0% |
| Other | 1319 | €4,994 | €4,994 | = | 0.0% |
| Distributable reserves | 133 | €49,000 | €118,199 | +€69,199 | +141.2% |
| Profit (loss) carried forward | 14 | -€24,332 | -€24,332 | = | 0.0% |
| Amounts payable | 17/49 | €27,291 | €93,325 | +€66,035 | +242.0% |
| Amounts payable after more than one year | 17 | €2,437 | €21,929 | +€19,492 | +799.9% |
| Financial debts | 170/4 | €2,437 | €21,929 | +€19,492 | +799.9% |
| Amounts payable within one year | 42/48 | €23,904 | €69,455 | +€45,550 | +190.6% |
| Financial debts | 43 | €7,220 | €10,670 | +€3,450 | +47.8% |
| Credit institutions | 430/8 | €7,220 | €10,670 | +€3,450 | +47.8% |
| Trade debts | 44 | €16,414 | €29,974 | +€13,561 | +82.6% |
| Suppliers | 440/4 | €13,930 | €27,700 | +€13,770 | +98.9% |
| Bills of exchange payable | 441 | €2,484 | €2,274 | -€209 | -8.4% |
| Taxes, remuneration and social security | 45 | €271 | €28,810 | +€28,539 | +10529.6% |
| Taxes | 450/3 | €271 | €28,810 | +€28,539 | +10529.6% |
| Accrued charges and deferred income | 492/3 | €950 | €1,942 | +€992 | +104.4% |
| Remuneration, social security and pensions | 62 | €8,661 | €10,079 | +€1,418 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,653 | €9,815 | -€16,838 | -63.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €600 | +€600 | |
| Other operating charges | 640/8 | €1,198 | €1,626 | +€429 | +35.8% |
| Gross operating margin | 9900 | €18,353 | €100,363 | +€82,010 | +446.9% |
| Operating profit (loss) | 9901 | -€18,159 | €78,243 | +€96,402 | |
| Financial income | 75/76B | €340 | €16,996 | +€16,656 | +4901.5% |
| Recurring financial income | 75 | €340 | €460 | +€121 | +35.5% |
| Non-recurring financial income | 76B | - | €16,535 | +€16,535 | |
| Financial charges | 65/66B | €1,223 | €2,609 | +€1,386 | +113.4% |
| Recurring financial charges | 65 | €1,223 | €2,609 | +€1,386 | +113.4% |
| Profit (loss) for the period before taxes | 9903 | -€19,042 | €92,629 | +€111,671 | |
| Income taxes | 67/77 | €140 | €23,430 | +€23,291 | +16693.5% |
| Profit (loss) for the period | 9904 | -€19,182 | €69,199 | +€88,381 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,182 | €69,199 | +€88,381 |
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 12 October 2026 via checked.be.