AAB: what changed
What changed
AAB
NACE 46.170, Agents in the wholesale of food, beverages and tobacco
filed annual accounts (NBB)
Net result for the year
-€10,547
2024 · €76,551-€87,098
Equity
€670,630
2024 · €681,177-€10,547
Cash
€52,204
2024 · €137,307-€85,103
Balance sheet total
€1.1m
2024 · €935,917+€195,036
Largest movements
Assets
- Receivables within one year +€259,603
up €259,603 (+5,676%), from €4,574 to €264,177
of which Other amounts receivable: +€262,058
- Cash -€85,103
down €85,103 (-62.0%), from €137,307 to €52,204
mainly Receivables within one year (-€259,603) and Investment in fixed assets (net) (-€67,816)
- Tangible fixed assets +€19,453
up €19,453 (+3.0%), from €658,209 to €677,662
of which Land and buildings: +€24,804
Equity and liabilities
- Other debts +€190,611
up €190,611 (+16,603%), from €1,148 to €191,760
- Trade debts +€62,476
up €62,476 (+2,044%), from €3,056 to €65,532
- Debts after one year -€46,500
down €46,500 (-25.5%), from €182,125 to €135,625
Income statement
- Gross operating margin -€115,502
down €115,502 (-69.5%), from €166,123 to €50,622
- Taxes -€29,646
down €29,646 (-73.3%), from €40,470 to €10,823
- Other operating charges +€2,135
up €2,135 (+276%), from €773 to €2,908
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.
Result 2024
€76,551
Gross operating margin
-€115,502
Depreciation
+€86
Other operating charges
-€2,135
Financial charges
+€807
Taxes
+€29,646
Result 2025
-€10,547
raises the resultlowers the result
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.
From operations
+€29,932
Investment
-€67,816
Financing
-€47,219
Cash 2024
€137,307
From operations (derived)
+€29,932
Net result for the year
-€10,547
Depreciation
+€45,753
Receivables within one year
-€259,603
Deferred charges and accrued income
+€1,527
Trade debts
+€62,476
Tax, wage and social debts
-€286
Other debts
+€190,611
Investment (derived)
-€67,816
Investment in fixed assets (net)
-€67,816
Financing
-€47,219
Debts after one year
-€46,500
Short-term financial debts
-€719
Cash 2025
€52,204
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €935,917 | €1,130,953 | +€195,036 | +20.8% |
| Fixed assets | 21/28 | €717,509 | €739,572 | +€22,063 | +3.1% |
| Tangible fixed assets | 22/27 | €658,209 | €677,662 | +€19,453 | +3.0% |
| Land and buildings | 22 | €645,445 | €670,249 | +€24,804 | +3.8% |
| Plant, machinery and equipment | 23 | €10,981 | €6,081 | -€4,900 | -44.6% |
| Furniture and vehicles | 24 | €1,782 | €1,331 | -€451 | -25.3% |
| Financial fixed assets | 28 | €59,300 | €61,910 | +€2,610 | +4.4% |
| Current assets | 29/58 | €218,408 | €391,381 | +€172,973 | +79.2% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,574 | €264,177 | +€259,603 | +5,676% |
| Trade receivables | 40 | €2,455 | €0 | -€2,455 | -100% |
| Other amounts receivable | 41 | €2,119 | €264,177 | +€262,058 | +12,368% |
| Cash at bank and in hand | 54/58 | €137,307 | €52,204 | -€85,103 | -62.0% |
| Deferred charges and accrued income | 490/1 | €1,527 | €0 | -€1,527 | -100% |
| Total equity and liabilities | 10/49 | €935,917 | €1,130,953 | +€195,036 | +20.8% |
| Equity | 10/15 | €681,177 | €670,630 | -€10,547 | -1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €662,577 | €652,030 | -€10,547 | -1.6% |
| Distributable reserves | 133 | €662,577 | €652,030 | -€10,547 | -1.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €254,740 | €460,322 | +€205,583 | +80.7% |
| Amounts payable after more than one year | 17 | €182,125 | €135,625 | -€46,500 | -25.5% |
| Financial debts | 170/4 | €182,125 | €135,625 | -€46,500 | -25.5% |
| Amounts payable within one year | 42/48 | €72,615 | €324,697 | +€252,083 | +347% |
| Current portion of amounts payable after more than one year | 42 | €46,500 | €46,500 | = | 0.0% |
| Financial debts | 43 | €7,829 | €7,110 | -€719 | -9.2% |
| Credit institutions | 430/8 | €7,829 | €7,110 | -€719 | -9.2% |
| Trade debts | 44 | €3,056 | €65,532 | +€62,476 | +2,044% |
| Suppliers | 440/4 | €3,056 | €65,532 | +€62,476 | +2,044% |
| Taxes, remuneration and social security | 45 | €14,082 | €13,796 | -€286 | -2.0% |
| Taxes | 450/3 | €14,082 | €13,796 | -€286 | -2.0% |
| Other amounts payable | 47/48 | €1,148 | €191,760 | +€190,611 | +16,603% |
| Non-recurring operating income | 76A | €55,354 | €2,924 | -€52,430 | -94.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,839 | €45,753 | -€86 | -0.2% |
| Other operating charges | 640/8 | €773 | €2,908 | +€2,135 | +276% |
| Gross operating margin | 9900 | €166,123 | €50,622 | -€115,502 | -69.5% |
| Operating profit (loss) | 9901 | €119,511 | €1,960 | -€117,551 | -98.4% |
| Financial income | 75/76B | €2,250 | €2,250 | = | 0.0% |
| Recurring financial income | 75 | €2,250 | €2,250 | = | 0.0% |
| Financial charges | 65/66B | €4,740 | €3,934 | -€807 | -17.0% |
| Recurring financial charges | 65 | €4,740 | €3,934 | -€807 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €117,021 | €277 | -€116,744 | -99.8% |
| Income taxes | 67/77 | €40,470 | €10,823 | -€29,646 | -73.3% |
| Profit (loss) for the period | 9904 | €76,551 | -€10,547 | -€87,098 | |
| Profit (loss) for the period to be appropriated | 9905 | €76,551 | -€10,547 | -€87,098 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 3 November 2026 via checked.be.