ABM DISTRIBUTION: 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.
ABM DISTRIBUTION
Largest movements
- Stocks and contracts +€74,930
up €74,930 (+102%), from €73,426 to €148,356
- Receivables within one year +€21,135
up €21,135 (+9.3%), from €226,165 to €247,300
of which Trade receivables: +€21,752
- Tangible fixed assets -€11,636
down €11,636 (-16.3%), from €71,229 to €59,593
- Cash +€5,390
up €5,390 (+131%), from €4,120 to €9,510
mainly Trade debts (+€78,096) and Net result for the year (+€22,014)
- Trade debts +€78,096
up €78,096 (+39.1%), from €199,966 to €278,062
- Profit (loss) carried forward +€22,014
up €22,014 (+19.6%), from €112,082 to €134,096
- Tax, wage and social debts -€11,809
down €11,809 (-23.3%), from €50,781 to €38,973
of which Taxes: -€7,444
- Gross operating margin +€23,962
up €23,962 (+11.4%), from €209,571 to €233,533
- Staff costs +€22,246
up €22,246 (+13.5%), from €164,420 to €186,666
- Taxes -€11,383
down €11,383 (-51.4%), from €22,126 to €10,743
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 | €383,290 | €473,109 | +€89,819 | +23.4% |
| Fixed assets | 21/28 | €79,579 | €67,943 | -€11,636 | -14.6% |
| Tangible fixed assets | 22/27 | €71,229 | €59,593 | -€11,636 | -16.3% |
| Plant, machinery and equipment | 23 | €5,389 | €3,593 | -€1,796 | -33.3% |
| Furniture and vehicles | 24 | €15,740 | €11,700 | -€4,040 | -25.7% |
| Other tangible fixed assets | 26 | €50,100 | €44,300 | -€5,800 | -11.6% |
| Financial fixed assets | 28 | €8,350 | €8,350 | = | 0.0% |
| Current assets | 29/58 | €303,711 | €405,166 | +€101,456 | +33.4% |
| Stocks and contracts in progress | 3 | €73,426 | €148,356 | +€74,930 | +102% |
| Stocks | 30/36 | €73,426 | €148,356 | +€74,930 | +102% |
| Amounts receivable within one year | 40/41 | €226,165 | €247,300 | +€21,135 | +9.3% |
| Trade receivables | 40 | €225,548 | €247,300 | +€21,752 | +9.6% |
| Other amounts receivable | 41 | €617 | - | -€617 | |
| Cash at bank and in hand | 54/58 | €4,120 | €9,510 | +€5,390 | +131% |
| Total equity and liabilities | 10/49 | €383,290 | €473,109 | +€89,819 | +23.4% |
| Equity | 10/15 | €132,542 | €154,556 | +€22,014 | +16.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,082 | €134,096 | +€22,014 | +19.6% |
| Amounts payable | 17/49 | €250,748 | €318,553 | +€67,806 | +27.0% |
| Amounts payable within one year | 42/48 | €250,748 | €318,553 | +€67,806 | +27.0% |
| Trade debts | 44 | €199,966 | €278,062 | +€78,096 | +39.1% |
| Suppliers | 440/4 | €199,966 | €278,062 | +€78,096 | +39.1% |
| Advances received on contracts in progress | 46 | - | €1,519 | +€1,519 | |
| Taxes, remuneration and social security | 45 | €50,781 | €38,973 | -€11,809 | -23.3% |
| Taxes | 450/3 | €20,357 | €12,914 | -€7,444 | -36.6% |
| Remuneration and social security | 454/9 | €30,424 | €26,059 | -€4,365 | -14.3% |
| Remuneration, social security and pensions | 62 | €164,420 | €186,666 | +€22,246 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,636 | €11,636 | = | 0.0% |
| Other operating charges | 640/8 | €1,478 | €1,646 | +€168 | +11.4% |
| Gross operating margin | 9900 | €209,571 | €233,533 | +€23,962 | +11.4% |
| Operating profit (loss) | 9901 | €32,037 | €33,584 | +€1,547 | +4.8% |
| Financial income | 75/76B | €12 | €199 | +€186 | +1,495% |
| Recurring financial income | 75 | €12 | €199 | +€186 | +1,495% |
| Financial charges | 65/66B | €1,626 | €1,026 | -€600 | -36.9% |
| Recurring financial charges | 65 | €1,626 | €1,026 | -€600 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €30,423 | €32,756 | +€2,333 | +7.7% |
| Income taxes | 67/77 | €22,126 | €10,743 | -€11,383 | -51.4% |
| Profit (loss) for the period | 9904 | €8,297 | €22,014 | +€13,716 | +165% |
| Profit (loss) for the period to be appropriated | 9905 | €8,297 | €22,014 | +€13,716 | +165% |
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 22 October 2026 via checked.be.