ABTS & CO: 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.
ABTS & CO
Largest movements
- Cash -€1.1m
down €1.1m (-72.5%), from €1.5m to €425,460
mainly Investment in fixed assets (net) (-€1.1m) and Contributions, distributions and other (-€484,050)
- Financial fixed assets +€1.1m
up €1.1m (+5.9%), from €18.8m to €19.9m
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€537,747
down €537,747 (-79.9%), from €673,248 to €135,501
of which Non-recurring financial income: -€520,122
- Financial charges +€368,327
up €368,327, from -€142,179 to €226,148
- Taxes -€227,592
down €227,592 (-54.8%), from €415,488 to €187,896
- Gross operating margin -€18,869
down €18,869 (-3.2%), from €587,933 to €569,064
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 | €26,146,022 | €26,065,876 | -€80,146 | -0.3% |
| Fixed assets | 21/28 | €18,829,882 | €19,950,873 | +€1.1m | +6.0% |
| Tangible fixed assets | 22/27 | - | €17,910 | +€17,910 | |
| Other tangible fixed assets | 26 | - | €17,910 | +€17,910 | |
| Financial fixed assets | 28 | €18,829,882 | €19,932,963 | +€1.1m | +5.9% |
| Current assets | 29/58 | €7,316,140 | €6,115,003 | -€1.2m | -16.4% |
| Amounts receivable within one year | 40/41 | €492,922 | €405,330 | -€87,592 | -17.8% |
| Trade receivables | 40 | €491,640 | €404,728 | -€86,913 | -17.7% |
| Other amounts receivable | 41 | €1,282 | €603 | -€680 | -53.0% |
| Current investments | 50/53 | €5,270,862 | €5,284,212 | +€13,350 | +0.3% |
| Cash at bank and in hand | 54/58 | €1,549,661 | €425,460 | -€1.1m | -72.5% |
| Deferred charges and accrued income | 490/1 | €2,695 | €0 | -€2,695 | -100% |
| Total equity and liabilities | 10/49 | €26,146,022 | €26,065,876 | -€80,146 | -0.3% |
| Equity | 10/15 | €24,955,248 | €24,754,040 | -€201,208 | -0.8% |
| Contributions | 10/11 | €5,150,000 | €5,150,000 | = | 0.0% |
| Reserves | 13 | €5,283,610 | €5,082,403 | -€201,208 | -3.8% |
| Non-distributable reserves | 130/1 | €1,115,000 | €1,115,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,115,000 | €1,115,000 | = | 0.0% |
| Distributable reserves | 133 | €4,168,610 | €3,967,403 | -€201,208 | -4.8% |
| Profit (loss) carried forward | 14 | €14,521,637 | €14,521,637 | = | 0.0% |
| Amounts payable | 17/49 | €1,190,774 | €1,311,836 | +€121,062 | +10.2% |
| Amounts payable within one year | 42/48 | €1,190,774 | €1,311,836 | +€121,062 | +10.2% |
| Trade debts | 44 | €82,690 | €24,900 | -€57,790 | -69.9% |
| Suppliers | 440/4 | €82,690 | €24,900 | -€57,790 | -69.9% |
| Taxes, remuneration and social security | 45 | €221,802 | €237,290 | +€15,488 | +7.0% |
| Taxes | 450/3 | €221,802 | €237,290 | +€15,488 | +7.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €886,282 | €1,049,646 | +€163,363 | +18.4% |
| Other operating charges | 640/8 | €6,874 | €7,679 | +€805 | +11.7% |
| Gross operating margin | 9900 | €587,933 | €569,064 | -€18,869 | -3.2% |
| Operating profit (loss) | 9901 | €581,059 | €561,385 | -€19,674 | -3.4% |
| Financial income | 75/76B | €673,248 | €135,501 | -€537,747 | -79.9% |
| Recurring financial income | 75 | €153,126 | €135,501 | -€17,625 | -11.5% |
| Non-recurring financial income | 76B | €520,122 | €0 | -€520,122 | -100% |
| Financial charges | 65/66B | -€142,179 | €226,148 | +€368,327 | |
| Recurring financial charges | 65 | -€142,179 | €226,148 | +€368,327 | |
| Profit (loss) for the period before taxes | 9903 | €1,396,486 | €470,738 | -€925,748 | -66.3% |
| Income taxes | 67/77 | €415,488 | €187,896 | -€227,592 | -54.8% |
| Profit (loss) for the period | 9904 | €980,998 | €282,842 | -€698,156 | -71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €980,998 | €282,842 | -€698,156 | -71.2% |
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 14 October 2026 via checked.be.