TOM VAN den ABBEELE: 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.
TOM VAN den ABBEELE
Largest movements
- Receivables within one year +€338,429
up €338,429 (+186%), from €182,070 to €520,499
of which Other amounts receivable: +€350,438
- Tangible fixed assets -€85,012
down €85,012 (-3.8%), from €2.2m to €2.1m
of which Land and buildings: -€84,926
- Current investments +€49,142
up €49,142 (+17.5%), from €281,576 to €330,718
- Reserves +€632,485
up €632,485 (+63.9%), from €989,480 to €1.6m
- Other debts -€198,171
down €198,171 (-100%), from €198,171 to €0
- Debts after one year -€124,665
down €124,665 (-8.9%), from €1.4m to €1.3m
- Other operating charges -€218,742
down €218,742 (-94.5%), from €231,438 to €12,696
- Gross operating margin +€147,932
up €147,932 (+115%), from €128,590 to €276,522
- Financial income +€105,088
up €105,088 (+21.1%), from €498,857 to €603,944
- Taxes +€57,518
up €57,518 (+184%), from €31,189 to €88,707
- Depreciation +€47,200
up €47,200 (+125%), from €37,811 to €85,012
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 | €3,303,606 | €3,578,878 | +€275,272 | +8.3% |
| Fixed assets | 21/28 | €2,707,525 | €2,622,513 | -€85,012 | -3.1% |
| Tangible fixed assets | 22/27 | €2,214,125 | €2,129,113 | -€85,012 | -3.8% |
| Land and buildings | 22 | €2,213,551 | €2,128,625 | -€84,926 | -3.8% |
| Furniture and vehicles | 24 | €574 | €488 | -€86 | -15.0% |
| Financial fixed assets | 28 | €493,400 | €493,400 | = | 0.0% |
| Current assets | 29/58 | €596,081 | €956,365 | +€360,284 | +60.4% |
| Amounts receivable within one year | 40/41 | €182,070 | €520,499 | +€338,429 | +186% |
| Trade receivables | 40 | €90,750 | €78,741 | -€12,009 | -13.2% |
| Other amounts receivable | 41 | €91,320 | €441,758 | +€350,438 | +384% |
| Current investments | 50/53 | €281,576 | €330,718 | +€49,142 | +17.5% |
| Cash at bank and in hand | 54/58 | €132,309 | €105,034 | -€27,275 | -20.6% |
| Deferred charges and accrued income | 490/1 | €127 | €114 | -€13 | -10.2% |
| Total equity and liabilities | 10/49 | €3,303,606 | €3,578,878 | +€275,272 | +8.3% |
| Equity | 10/15 | €1,470,480 | €2,102,965 | +€632,485 | +43.0% |
| Contributions | 10/11 | €481,000 | €481,000 | = | 0.0% |
| Reserves | 13 | €989,480 | €1,621,965 | +€632,485 | +63.9% |
| Distributable reserves | 133 | €989,480 | €1,621,965 | +€632,485 | +63.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,833,126 | €1,475,913 | -€357,213 | -19.5% |
| Amounts payable after more than one year | 17 | €1,398,884 | €1,274,219 | -€124,665 | -8.9% |
| Financial debts | 170/4 | €1,398,884 | €1,274,219 | -€124,665 | -8.9% |
| Amounts payable within one year | 42/48 | €434,242 | €201,695 | -€232,547 | -53.6% |
| Current portion of amounts payable after more than one year | 42 | €128,247 | €124,665 | -€3,582 | -2.8% |
| Financial debts | 43 | €67,000 | €66,945 | -€55 | -0.1% |
| Credit institutions | 430/8 | €67,000 | €66,945 | -€55 | -0.1% |
| Trade debts | 44 | €17,990 | €3,374 | -€14,616 | -81.2% |
| Suppliers | 440/4 | €17,990 | €3,374 | -€14,616 | -81.2% |
| Taxes, remuneration and social security | 45 | €22,834 | €6,710 | -€16,124 | -70.6% |
| Taxes | 450/3 | €22,834 | €6,710 | -€16,124 | -70.6% |
| Other amounts payable | 47/48 | €198,171 | €0 | -€198,171 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,811 | €85,012 | +€47,200 | +125% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €231,438 | €12,696 | -€218,742 | -94.5% |
| Gross operating margin | 9900 | €128,590 | €276,522 | +€147,932 | +115% |
| Operating profit (loss) | 9901 | -€140,658 | €178,815 | +€319,474 | |
| Financial income | 75/76B | €498,857 | €603,944 | +€105,088 | +21.1% |
| Recurring financial income | 75 | €498,857 | €603,944 | +€105,088 | +21.1% |
| Financial charges | 65/66B | €19,554 | €61,568 | +€42,014 | +215% |
| Recurring financial charges | 65 | €19,554 | €61,568 | +€42,014 | +215% |
| Profit (loss) for the period before taxes | 9903 | €338,644 | €721,192 | +€382,547 | +113% |
| Income taxes | 67/77 | €31,189 | €88,707 | +€57,518 | +184% |
| Profit (loss) for the period | 9904 | €307,455 | €632,485 | +€325,030 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €307,455 | €632,485 | +€325,030 | +106% |
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 24 October 2026 via checked.be.