L'Abaco: what changed
Two fiscal 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.
L'Abaco
Largest movements
- Cash -€92,246
down €92,246 (-25.1%), from €367,545 to €275,299
mainly Contributions, distributions and other (-€415,520) and Investment in fixed assets (net) (-€39,185)
- Receivables within one year +€36,157
up €36,157 (+45.3%), from €79,880 to €116,037
of which Trade receivables: +€36,468
- Current investments +€22,147
up €22,147 (+9.5%), from €234,000 to €256,147
- Reserves -€142,104
down €142,104 (-18.6%), from €763,912 to €621,808
- Other debts +€69,376
up €69,376 (+62.0%), from €111,817 to €181,192
- Tax, wage and social debts +€43,755
up €43,755 (+54.8%), from €79,861 to €123,616
of which Taxes: +€43,254
- Gross operating margin +€53,575
up €53,575 (+11.6%), from €461,073 to €514,648
- Financial income +€16,802
up €16,802 (+423.9%), from €3,964 to €20,766
- Taxes +€15,993
up €15,993 (+15.5%), from €102,919 to €118,912
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 | €1,018,065 | €986,525 | -€31,540 | -3.1% |
| Fixed assets | 21/28 | €315,475 | €318,251 | +€2,776 | +0.9% |
| Tangible fixed assets | 22/27 | €315,475 | €318,251 | +€2,776 | +0.9% |
| Land and buildings | 22 | €255,855 | €242,087 | -€13,768 | -5.4% |
| Plant, machinery and equipment | 23 | €1,559 | €409 | -€1,150 | -73.8% |
| Furniture and vehicles | 24 | €33,183 | €53,688 | +€20,505 | +61.8% |
| Other tangible fixed assets | 26 | €24,878 | €22,068 | -€2,811 | -11.3% |
| Current assets | 29/58 | €702,590 | €668,274 | -€34,316 | -4.9% |
| Amounts receivable within one year | 40/41 | €79,880 | €116,037 | +€36,157 | +45.3% |
| Trade receivables | 40 | €79,483 | €115,951 | +€36,468 | +45.9% |
| Other amounts receivable | 41 | €397 | €86 | -€311 | -78.3% |
| Current investments | 50/53 | €234,000 | €256,147 | +€22,147 | +9.5% |
| Cash at bank and in hand | 54/58 | €367,545 | €275,299 | -€92,246 | -25.1% |
| Deferred charges and accrued income | 490/1 | €21,165 | €20,791 | -€374 | -1.8% |
| Total equity and liabilities | 10/49 | €1,018,065 | €986,525 | -€31,540 | -3.1% |
| Equity | 10/15 | €802,668 | €660,564 | -€142,104 | -17.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €763,912 | €621,808 | -€142,104 | -18.6% |
| Distributable reserves | 133 | €763,912 | €621,808 | -€142,104 | -18.6% |
| Profit (loss) carried forward | 14 | €8,756 | €8,756 | = | 0.0% |
| Amounts payable | 17/49 | €215,397 | €325,961 | +€110,564 | +51.3% |
| Amounts payable within one year | 42/48 | €215,397 | €325,961 | +€110,564 | +51.3% |
| Trade debts | 44 | €23,720 | €21,152 | -€2,568 | -10.8% |
| Suppliers | 440/4 | €23,720 | €21,152 | -€2,568 | -10.8% |
| Taxes, remuneration and social security | 45 | €79,861 | €123,616 | +€43,755 | +54.8% |
| Taxes | 450/3 | €66,856 | €110,111 | +€43,254 | +64.7% |
| Remuneration and social security | 454/9 | €13,004 | €13,505 | +€501 | +3.9% |
| Other amounts payable | 47/48 | €111,817 | €181,192 | +€69,376 | +62.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €99,407 | €102,622 | +€3,216 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,579 | €36,409 | +€830 | +2.3% |
| Other operating charges | 640/8 | €3,590 | €3,999 | +€409 | +11.4% |
| Gross operating margin | 9900 | €461,073 | €514,648 | +€53,575 | +11.6% |
| Operating profit (loss) | 9901 | €322,497 | €371,617 | +€49,120 | +15.2% |
| Financial income | 75/76B | €3,964 | €20,766 | +€16,802 | +423.9% |
| Recurring financial income | 75 | €3,964 | €20,766 | +€16,802 | +423.9% |
| Financial charges | 65/66B | €43 | €54 | +€12 | +27.0% |
| Recurring financial charges | 65 | €43 | €54 | +€12 | +27.0% |
| Profit (loss) for the period before taxes | 9903 | €326,418 | €392,328 | +€65,911 | +20.2% |
| Income taxes | 67/77 | €102,919 | €118,912 | +€15,993 | +15.5% |
| Profit (loss) for the period | 9904 | €223,499 | €273,416 | +€49,917 | +22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €223,499 | €273,416 | +€49,917 | +22.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.