L'Absolu: what changed
L'Absolu
Largest movements
- Cash +€5,522
up €5,522 (+76.0%), from €7,264 to €12,786
mainly Net result for the year (+€9,337) and Depreciation (+€7,372)
- Tangible fixed assets -€4,471
down €4,471 (-42.6%), from €10,505 to €6,034
of which Other tangible fixed assets: -€3,660
- Intangible fixed assets -€2,900
down €2,900 (-81.8%), from €3,546 to €646
- Reserves +€9,000
new in 2025: €9,000
- Other debts -€6,550
down €6,550 (-99.2%), from €6,600 to €50
- Tax, wage and social debts -€2,993
down €2,993 (-11.3%), from €26,551 to €23,558
of which Remuneration and social security: -€2,432
- Current portion of long-term debt -€2,579
down €2,579 (-42.5%), from €6,062 to €3,484
- Trade debts +€1,315
up €1,315 (+11.3%), from €11,640 to €12,955
- Staff costs -€12,214
down €12,214 (-8.1%), from €150,657 to €138,443
- Gross operating margin -€11,317
down €11,317 (-6.7%), from €170,107 to €158,790
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 | €107,082 | €105,612 | -€1,471 | -1.4% |
| Fixed assets | 21/28 | €14,051 | €6,679 | -€7,372 | -52.5% |
| Intangible fixed assets | 21 | €3,546 | €646 | -€2,900 | -81.8% |
| Tangible fixed assets | 22/27 | €10,505 | €6,034 | -€4,471 | -42.6% |
| Plant, machinery and equipment | 23 | €2,375 | €1,877 | -€498 | -21.0% |
| Furniture and vehicles | 24 | €810 | €497 | -€313 | -38.7% |
| Other tangible fixed assets | 26 | €7,320 | €3,660 | -€3,660 | -50.0% |
| Current assets | 29/58 | €93,031 | €98,932 | +€5,901 | +6.3% |
| Stocks and contracts in progress | 3 | €81,651 | €82,508 | +€857 | +1.0% |
| Stocks | 30/36 | €81,651 | €82,508 | +€857 | +1.0% |
| Amounts receivable within one year | 40/41 | €121 | €277 | +€156 | +128% |
| Trade receivables | 40 | €121 | €277 | +€156 | +128% |
| Cash at bank and in hand | 54/58 | €7,264 | €12,786 | +€5,522 | +76.0% |
| Deferred charges and accrued income | 490/1 | €3,995 | €3,362 | -€633 | -15.9% |
| Total equity and liabilities | 10/49 | €107,082 | €105,612 | -€1,471 | -1.4% |
| Equity | 10/15 | €56,229 | €65,566 | +€9,337 | +16.6% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | - | €9,000 | +€9,000 | |
| Distributable reserves | 133 | - | €9,000 | +€9,000 | |
| Profit (loss) carried forward | 14 | €49,729 | €50,066 | +€337 | +0.7% |
| Amounts payable | 17/49 | €50,853 | €40,046 | -€10,808 | -21.3% |
| Amounts payable within one year | 42/48 | €50,853 | €40,046 | -€10,808 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €6,062 | €3,484 | -€2,579 | -42.5% |
| Trade debts | 44 | €11,640 | €12,955 | +€1,315 | +11.3% |
| Suppliers | 440/4 | €11,640 | €12,955 | +€1,315 | +11.3% |
| Taxes, remuneration and social security | 45 | €26,551 | €23,558 | -€2,993 | -11.3% |
| Taxes | 450/3 | €4,821 | €4,260 | -€562 | -11.6% |
| Remuneration and social security | 454/9 | €21,730 | €19,298 | -€2,432 | -11.2% |
| Other amounts payable | 47/48 | €6,600 | €50 | -€6,550 | -99.2% |
| Remuneration, social security and pensions | 62 | €150,657 | €138,443 | -€12,214 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,878 | €7,372 | +€494 | +7.2% |
| Other operating charges | 640/8 | €1,031 | €948 | -€84 | -8.1% |
| Gross operating margin | 9900 | €170,107 | €158,790 | -€11,317 | -6.7% |
| Operating profit (loss) | 9901 | €11,540 | €12,027 | +€487 | +4.2% |
| Financial income | 75/76B | €214 | €122 | -€92 | -43.0% |
| Recurring financial income | 75 | €214 | €122 | -€92 | -43.0% |
| Financial charges | 65/66B | €1,815 | €1,912 | +€97 | +5.4% |
| Recurring financial charges | 65 | €1,815 | €1,912 | +€97 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €9,939 | €10,237 | +€298 | +3.0% |
| Income taxes | 67/77 | - | €900 | +€900 | |
| Profit (loss) for the period | 9904 | €9,939 | €9,337 | -€602 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,939 | €9,337 | -€602 | -6.1% |
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 5 November 2026 via checked.be.