M. ABRAHAM: 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.
M. ABRAHAM
Largest movements
- Cash +€17,627
up €17,627 (+53.2%), from €33,158 to €50,784
mainly Other debts (+€40,152) and Net result for the year (+€12,951)
- Deferred charges and accrued income -€736
down €736 (-34.7%), from €2,121 to €1,385
- Other debts +€40,152
new in 2025: €40,152
- Profit (loss) carried forward -€26,142
no longer reported in 2025 (was €26,142)
- Tax, wage and social debts +€3,831
up €3,831 (+24.0%), from €15,944 to €19,775
of which Taxes: +€3,831
- Trade debts -€950
down €950 (-74.9%), from €1,267 to €318
- Turnover -€90,070
no longer reported in 2025 (was €90,070)
- Purchases and services -€59,064
no longer reported in 2025 (was €59,064)
- Gross operating margin -€9,083
down €9,083 (-23.4%), from €38,840 to €29,756
- Taxes +€5,368
up €5,368 (+69.1%), from €7,773 to €13,141
- Other operating charges -€1,263
down €1,263 (-56.8%), from €2,223 to €960
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 | €44,354 | €61,245 | +€16,891 | +38.1% |
| Current assets | 29/58 | €44,354 | €61,245 | +€16,891 | +38.1% |
| Amounts receivable within one year | 40/41 | €9,075 | €9,075 | = | 0.0% |
| Trade receivables | 40 | €9,075 | €9,075 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33,158 | €50,784 | +€17,627 | +53.2% |
| Deferred charges and accrued income | 490/1 | €2,121 | €1,385 | -€736 | -34.7% |
| Total equity and liabilities | 10/49 | €44,354 | €61,245 | +€16,891 | +38.1% |
| Equity | 10/15 | €27,142 | €1,000 | -€26,142 | -96.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,142 | - | -€26,142 | |
| Amounts payable | 17/49 | €17,212 | €60,245 | +€43,033 | +250.0% |
| Amounts payable within one year | 42/48 | €17,212 | €60,245 | +€43,033 | +250.0% |
| Trade debts | 44 | €1,267 | €318 | -€950 | -74.9% |
| Suppliers | 440/4 | €1,267 | €318 | -€950 | -74.9% |
| Taxes, remuneration and social security | 45 | €15,944 | €19,775 | +€3,831 | +24.0% |
| Taxes | 450/3 | €14,244 | €18,075 | +€3,831 | +26.9% |
| Remuneration and social security | 454/9 | €1,700 | €1,700 | = | 0.0% |
| Other amounts payable | 47/48 | - | €40,152 | +€40,152 | |
| Turnover | 70 | €90,070 | - | -€90,070 | |
| Non-recurring operating income | 76A | €7,834 | - | -€7,834 | |
| Goods, raw materials, services and sundry goods | 60/61 | €59,064 | - | -€59,064 | |
| Remuneration, social security and pensions | 62 | €2,650 | €2,650 | = | 0.0% |
| Other operating charges | 640/8 | €2,223 | €960 | -€1,263 | -56.8% |
| Gross operating margin | 9900 | €38,840 | €29,756 | -€9,083 | -23.4% |
| Operating profit (loss) | 9901 | €33,967 | €26,147 | -€7,820 | -23.0% |
| Financial charges | 65/66B | €51 | €54 | +€3 | +5.9% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €33,916 | €26,093 | -€7,823 | -23.1% |
| Income taxes | 67/77 | €7,773 | €13,141 | +€5,368 | +69.1% |
| Profit (loss) for the period | 9904 | €26,142 | €12,951 | -€13,191 | -50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,142 | €12,951 | -€13,191 | -50.5% |
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 8 October 2026 via checked.be.