DEN ABT: 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 ABT
Largest movements
- Tangible fixed assets +€567,252
up €567,252 (+59.7%), from €950,185 to €1.5m
- Cash +€32,187
up €32,187 (+24.4%), from €131,855 to €164,042
mainly Contributions, distributions and other (+€511,500) and Net result for the year (+€78,569)
- Contributions +€590,000
up €590,000 (+58.8%), from €1.0m to €1.6m
- Gross operating margin +€22,008
up €22,008 (+20.1%), from €109,463 to €131,471
- Depreciation +€8,813
up €8,813 (+44.7%), from €19,700 to €28,513
- Taxes +€3,749
up €3,749 (+16.7%), from €22,441 to €26,190
- Financial income +€2,414
up €2,414 (+28.7%), from €8,415 to €10,829
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 | €1,086,278 | €1,687,208 | +€600,929 | +55.3% |
| Fixed assets | 21/28 | €950,185 | €1,517,437 | +€567,252 | +59.7% |
| Tangible fixed assets | 22/27 | €950,185 | €1,517,437 | +€567,252 | +59.7% |
| Land and buildings | 22 | €950,185 | €1,517,437 | +€567,252 | +59.7% |
| Current assets | 29/58 | €136,094 | €169,771 | +€33,677 | +24.7% |
| Amounts receivable within one year | 40/41 | €67 | €29 | -€38 | -57.2% |
| Other amounts receivable | 41 | €67 | €29 | -€38 | -57.2% |
| Cash at bank and in hand | 54/58 | €131,855 | €164,042 | +€32,187 | +24.4% |
| Deferred charges and accrued income | 490/1 | €4,171 | €5,700 | +€1,529 | +36.6% |
| Total equity and liabilities | 10/49 | €1,086,278 | €1,687,208 | +€600,929 | +55.3% |
| Equity | 10/15 | €1,008,804 | €1,598,873 | +€590,069 | +58.5% |
| Contributions | 10/11 | €1,003,100 | €1,593,100 | +€590,000 | +58.8% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,844 | €3,913 | +€69 | +1.8% |
| Amounts payable | 17/49 | €77,474 | €88,335 | +€10,860 | +14.0% |
| Amounts payable within one year | 42/48 | €75,239 | €86,900 | +€11,660 | +15.5% |
| Trade debts | 44 | - | €553 | +€553 | |
| Suppliers | 440/4 | - | €553 | +€553 | |
| Taxes, remuneration and social security | 45 | €7,518 | €6,126 | -€1,393 | -18.5% |
| Taxes | 450/3 | €7,518 | €6,126 | -€1,393 | -18.5% |
| Other amounts payable | 47/48 | €67,721 | €80,221 | +€12,500 | +18.5% |
| Accrued charges and deferred income | 492/3 | €2,235 | €1,435 | -€800 | -35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,700 | €28,513 | +€8,813 | +44.7% |
| Other operating charges | 640/8 | €8,602 | €8,534 | -€67 | -0.8% |
| Gross operating margin | 9900 | €109,463 | €131,471 | +€22,008 | +20.1% |
| Operating profit (loss) | 9901 | €81,161 | €94,423 | +€13,262 | +16.3% |
| Financial income | 75/76B | €8,415 | €10,829 | +€2,414 | +28.7% |
| Recurring financial income | 75 | €8,415 | €10,829 | +€2,414 | +28.7% |
| Financial charges | 65/66B | €620 | €493 | -€127 | -20.5% |
| Recurring financial charges | 65 | €620 | €493 | -€127 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €88,957 | €104,759 | +€15,802 | +17.8% |
| Income taxes | 67/77 | €22,441 | €26,190 | +€3,749 | +16.7% |
| Profit (loss) for the period | 9904 | €66,516 | €78,569 | +€12,053 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €66,516 | €78,569 | +€12,053 | +18.1% |
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 18 October 2026 via checked.be.