A.A.B.: 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.
A.A.B.
Largest movements
- Stocks and contracts -€12,000
no longer reported in 2025 (was €12,000)
- Receivables within one year +€10,128
up €10,128 (+7.9%), from €127,564 to €137,692
of which Trade receivables: +€10,294
- Tangible fixed assets -€7,521
down €7,521 (-9.6%), from €78,494 to €70,973
of which Other tangible fixed assets: -€6,455
- Trade debts -€39,467
down €39,467 (-69.7%), from €56,610 to €17,144
- Tax, wage and social debts +€23,695
up €23,695 (+98.1%), from €24,164 to €47,859
of which Taxes: +€12,635
- Profit (loss) carried forward +€10,429
up €10,429 (+8.2%), from €127,237 to €137,667
- Gross operating margin +€38,867
up €38,867 (+78.6%), from €49,459 to €88,327
- Staff costs +€23,469
up €23,469 (+107%), from €21,877 to €45,347
- Other operating charges -€8,802
down €8,802 (-47.9%), from €18,387 to €9,585
- Taxes +€5,767
new in 2025: €5,767
- Financial charges +€1,357
up €1,357 (+55.4%), from €2,448 to €3,805
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,408 | €236,308 | -€7,100 | -2.9% |
| Fixed assets | 21/28 | €103,844 | €96,323 | -€7,521 | -7.2% |
| Tangible fixed assets | 22/27 | €78,494 | €70,973 | -€7,521 | -9.6% |
| Plant, machinery and equipment | 23 | €427 | €1,904 | +€1,477 | +346% |
| Furniture and vehicles | 24 | €3,877 | €1,333 | -€2,544 | -65.6% |
| Other tangible fixed assets | 26 | €74,191 | €67,736 | -€6,455 | -8.7% |
| Financial fixed assets | 28 | €25,350 | €25,350 | = | 0.0% |
| Current assets | 29/58 | €139,564 | €139,985 | +€421 | +0.3% |
| Stocks and contracts in progress | 3 | €12,000 | - | -€12,000 | |
| Stocks | 30/36 | €12,000 | - | -€12,000 | |
| Amounts receivable within one year | 40/41 | €127,564 | €137,692 | +€10,128 | +7.9% |
| Trade receivables | 40 | €71,896 | €82,190 | +€10,294 | +14.3% |
| Other amounts receivable | 41 | €55,668 | €55,502 | -€166 | -0.3% |
| Deferred charges and accrued income | 490/1 | - | €2,293 | +€2,293 | |
| Total equity and liabilities | 10/49 | €243,408 | €236,308 | -€7,100 | -2.9% |
| Equity | 10/15 | €147,688 | €158,118 | +€10,429 | +7.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,237 | €137,667 | +€10,429 | +8.2% |
| Amounts payable | 17/49 | €95,719 | €78,190 | -€17,529 | -18.3% |
| Amounts payable within one year | 42/48 | €95,719 | €78,190 | -€17,529 | -18.3% |
| Financial debts | 43 | €14,945 | €13,188 | -€1,757 | -11.8% |
| Credit institutions | 430/8 | €14,945 | €13,188 | -€1,757 | -11.8% |
| Trade debts | 44 | €56,610 | €17,144 | -€39,467 | -69.7% |
| Suppliers | 440/4 | €56,610 | €17,144 | -€39,467 | -69.7% |
| Taxes, remuneration and social security | 45 | €24,164 | €47,859 | +€23,695 | +98.1% |
| Taxes | 450/3 | €473 | €13,108 | +€12,635 | +2,673% |
| Remuneration and social security | 454/9 | €23,691 | €34,751 | +€11,059 | +46.7% |
| Remuneration, social security and pensions | 62 | €21,877 | €45,347 | +€23,469 | +107% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,586 | €13,394 | -€192 | -1.4% |
| Other operating charges | 640/8 | €18,387 | €9,585 | -€8,802 | -47.9% |
| Gross operating margin | 9900 | €49,459 | €88,327 | +€38,867 | +78.6% |
| Operating profit (loss) | 9901 | -€4,390 | €20,001 | +€24,391 | |
| Financial charges | 65/66B | €2,448 | €3,805 | +€1,357 | +55.4% |
| Recurring financial charges | 65 | €2,448 | €3,805 | +€1,357 | +55.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,839 | €16,196 | +€23,035 | |
| Income taxes | 67/77 | - | €5,767 | +€5,767 | |
| Profit (loss) for the period | 9904 | -€6,839 | €10,429 | +€17,268 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,839 | €10,429 | +€17,268 |
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 19 October 2026 via checked.be.