Dr. ABBOUD: what changed
Dr. ABBOUD
Largest movements
- Receivables within one year +€16,296
up €16,296 (+22.5%), from €72,361 to €88,656
- Tangible fixed assets -€11,308
down €11,308 (-5.9%), from €191,465 to €180,156
of which Land and buildings: -€11,091
- Deferred charges and accrued income +€9,011
up €9,011 (+268%), from €3,367 to €12,378
- Cash -€6,166
down €6,166 (-61.6%), from €10,010 to €3,843
mainly Contributions, distributions and other (-€22,723) and Receivables within one year (-€16,296)
- Other debts +€22,723
new in 2025: €22,723
- Debts after one year -€11,604
down €11,604 (-5.0%), from €233,581 to €221,977
- Profit (loss) carried forward -€9,912
no longer reported in 2025 (was €9,912)
- Tax, wage and social debts +€3,979
up €3,979 (+207%), from €1,920 to €5,899
- Gross operating margin -€4,992
down €4,992 (-12.4%), from €40,301 to €35,309
- Financial income +€1,653
up €1,653 (+52.9%), from €3,126 to €4,779
- Depreciation -€1,163
down €1,163 (-9.3%), from €12,471 to €11,308
- Taxes +€607
up €607 (+18.0%), from €3,373 to €3,979
- Financial charges -€445
down €445 (-4.5%), from €9,990 to €9,544
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €277,282 | €285,114 | +€7,832 | +2.8% |
| Fixed assets | 21/28 | €191,545 | €180,237 | -€11,308 | -5.9% |
| Tangible fixed assets | 22/27 | €191,465 | €180,156 | -€11,308 | -5.9% |
| Land and buildings | 22 | €190,654 | €179,562 | -€11,091 | -5.8% |
| Furniture and vehicles | 24 | €811 | €594 | -€217 | -26.8% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €85,737 | €104,878 | +€19,140 | +22.3% |
| Amounts receivable within one year | 40/41 | €72,361 | €88,656 | +€16,296 | +22.5% |
| Other amounts receivable | 41 | €72,361 | €88,656 | +€16,296 | +22.5% |
| Cash at bank and in hand | 54/58 | €10,010 | €3,843 | -€6,166 | -61.6% |
| Deferred charges and accrued income | 490/1 | €3,367 | €12,378 | +€9,011 | +268% |
| Total equity and liabilities | 10/49 | €277,282 | €285,114 | +€7,832 | +2.8% |
| Equity | 10/15 | €30,372 | €20,460 | -€9,912 | -32.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,912 | - | -€9,912 | |
| Amounts payable | 17/49 | €246,910 | €264,654 | +€17,745 | +7.2% |
| Amounts payable after more than one year | 17 | €233,581 | €221,977 | -€11,604 | -5.0% |
| Financial debts | 170/4 | €233,581 | €221,977 | -€11,604 | -5.0% |
| Amounts payable within one year | 42/48 | €12,525 | €41,901 | +€29,376 | +235% |
| Current portion of amounts payable after more than one year | 42 | €10,425 | €12,641 | +€2,216 | +21.3% |
| Trade debts | 44 | €180 | €638 | +€458 | +255% |
| Suppliers | 440/4 | €180 | €638 | +€458 | +255% |
| Taxes, remuneration and social security | 45 | €1,920 | €5,899 | +€3,979 | +207% |
| Taxes | 450/3 | €1,920 | €5,899 | +€3,979 | +207% |
| Other amounts payable | 47/48 | - | €22,723 | +€22,723 | |
| Accrued charges and deferred income | 492/3 | €804 | €777 | -€27 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,471 | €11,308 | -€1,163 | -9.3% |
| Other operating charges | 640/8 | €2,249 | €2,445 | +€196 | +8.7% |
| Gross operating margin | 9900 | €40,301 | €35,309 | -€4,992 | -12.4% |
| Operating profit (loss) | 9901 | €25,581 | €21,556 | -€4,025 | -15.7% |
| Financial income | 75/76B | €3,126 | €4,779 | +€1,653 | +52.9% |
| Recurring financial income | 75 | €3,126 | €4,779 | +€1,653 | +52.9% |
| Financial charges | 65/66B | €9,990 | €9,544 | -€445 | -4.5% |
| Recurring financial charges | 65 | €9,990 | €9,544 | -€445 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €18,717 | €16,790 | -€1,927 | -10.3% |
| Income taxes | 67/77 | €3,373 | €3,979 | +€607 | +18.0% |
| Profit (loss) for the period | 9904 | €15,344 | €12,811 | -€2,533 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,344 | €12,811 | -€2,533 | -16.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.