A.B.E.: what changed
A.B.E.
Largest movements
- Deferred charges and accrued income +€16,287
new in 2025: €16,287
- Tangible fixed assets +€11,063
up €11,063 (+43.8%), from €25,264 to €36,327
- Cash -€5,102
down €5,102 (-20.5%), from €24,833 to €19,731
mainly Investment in fixed assets (net) (-€22,713) and Deferred charges and accrued income (-€16,287)
- Receivables within one year +€3,164
up €3,164 (+22.0%), from €14,393 to €17,557
- Trade debts +€26,321
up €26,321 (+226%), from €11,637 to €37,958
of which Suppliers: +€26,341
- Current portion of long-term debt -€1,713
no longer reported in 2025 (was €1,713)
- Turnover -€50,828
no longer reported in 2025 (was €50,828)
- Purchases and services -€42,502
no longer reported in 2025 (was €42,502)
- Gross operating margin +€7,414
up €7,414 (+87.0%), from €8,523 to €15,937
- Depreciation +€4,542
up €4,542 (+63.9%), from €7,107 to €11,649
- Other operating charges +€1,842
up €1,842 (+184%), from €1,002 to €2,844
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 | €65,088 | €90,501 | +€25,412 | +39.0% |
| Fixed assets | 21/28 | €25,862 | €36,926 | +€11,063 | +42.8% |
| Tangible fixed assets | 22/27 | €25,264 | €36,327 | +€11,063 | +43.8% |
| Furniture and vehicles | 24 | €25,264 | €36,327 | +€11,063 | +43.8% |
| Financial fixed assets | 28 | €599 | €599 | = | 0.0% |
| Current assets | 29/58 | €39,226 | €53,575 | +€14,349 | +36.6% |
| Amounts receivable within one year | 40/41 | €14,393 | €17,557 | +€3,164 | +22.0% |
| Other amounts receivable | 41 | €14,393 | €17,557 | +€3,164 | +22.0% |
| Cash at bank and in hand | 54/58 | €24,833 | €19,731 | -€5,102 | -20.5% |
| Deferred charges and accrued income | 490/1 | - | €16,287 | +€16,287 | |
| Total equity and liabilities | 10/49 | €65,088 | €90,501 | +€25,412 | +39.0% |
| Equity | 10/15 | €51,738 | €52,543 | +€804 | +1.6% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €11,700 | €11,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €9,800 | €9,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,838 | €40,643 | +€804 | +2.0% |
| Amounts payable | 17/49 | €13,350 | €37,958 | +€24,608 | +184% |
| Amounts payable within one year | 42/48 | €13,350 | €37,958 | +€24,608 | +184% |
| Current portion of amounts payable after more than one year | 42 | €1,713 | - | -€1,713 | |
| Trade debts | 44 | €11,637 | €37,958 | +€26,321 | +226% |
| Suppliers | 440/4 | €11,617 | €37,958 | +€26,341 | +227% |
| Bills of exchange payable | 441 | €20 | - | -€20 | |
| Turnover | 70 | €50,828 | - | -€50,828 | |
| Goods, raw materials, services and sundry goods | 60/61 | €42,502 | - | -€42,502 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,107 | €11,649 | +€4,542 | +63.9% |
| Other operating charges | 640/8 | €1,002 | €2,844 | +€1,842 | +184% |
| Gross operating margin | 9900 | €8,523 | €15,937 | +€7,414 | +87.0% |
| Operating profit (loss) | 9901 | €414 | €1,444 | +€1,030 | +249% |
| Financial charges | 65/66B | €135 | €640 | +€505 | +374% |
| Recurring financial charges | 65 | €135 | €640 | +€505 | +374% |
| Profit (loss) for the period before taxes | 9903 | €279 | €804 | +€525 | +188% |
| Profit (loss) for the period | 9904 | €279 | €804 | +€525 | +188% |
| Profit (loss) for the period to be appropriated | 9905 | €279 | €804 | +€525 | +188% |
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.