AB ENGINEERING: what changed
AB ENGINEERING
Largest movements
- Tangible fixed assets +€75,062
new in 2025: €75,062
- Cash -€20,489
down €20,489 (-33.1%), from €61,913 to €41,424
mainly Investment in fixed assets (net) (-€75,434) and Trade debts (-€16,674)
- Receivables within one year -€15,169
down €15,169 (-24.8%), from €61,110 to €45,941
of which Trade receivables: -€20,905
- Profit (loss) carried forward +€64,263
up €64,263 (+82.9%), from €77,509 to €141,772
- Trade debts -€16,674
down €16,674 (-77.5%), from €21,510 to €4,836
- Tax, wage and social debts -€7,523
down €7,523 (-31.8%), from €23,646 to €16,123
of which Remuneration and social security: -€4,000
- Gross operating margin -€17,894
down €17,894 (-18.0%), from €99,225 to €81,330
- Taxes -€3,323
down €3,323 (-17.1%), from €19,446 to €16,123
- Depreciation -€1,127
down €1,127 (-75.2%), from €1,499 to €372
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 | €124,665 | €164,940 | +€40,275 | +32.3% |
| Fixed assets | 21/28 | - | €75,062 | +€75,062 | |
| Tangible fixed assets | 22/27 | - | €75,062 | +€75,062 | |
| Furniture and vehicles | 24 | - | €75,062 | +€75,062 | |
| Current assets | 29/58 | €124,665 | €89,878 | -€34,787 | -27.9% |
| Amounts receivable within one year | 40/41 | €61,110 | €45,941 | -€15,169 | -24.8% |
| Trade receivables | 40 | €61,110 | €40,205 | -€20,905 | -34.2% |
| Other amounts receivable | 41 | - | €5,736 | +€5,736 | |
| Cash at bank and in hand | 54/58 | €61,913 | €41,424 | -€20,489 | -33.1% |
| Deferred charges and accrued income | 490/1 | €1,642 | €2,513 | +€871 | +53.1% |
| Total equity and liabilities | 10/49 | €124,665 | €164,940 | +€40,275 | +32.3% |
| Equity | 10/15 | €79,509 | €143,772 | +€64,263 | +80.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,509 | €141,772 | +€64,263 | +82.9% |
| Amounts payable | 17/49 | €45,156 | €21,168 | -€23,988 | -53.1% |
| Amounts payable within one year | 42/48 | €45,156 | €21,168 | -€23,988 | -53.1% |
| Trade debts | 44 | €21,510 | €4,836 | -€16,674 | -77.5% |
| Suppliers | 440/4 | €21,510 | €4,836 | -€16,674 | -77.5% |
| Taxes, remuneration and social security | 45 | €23,646 | €16,123 | -€7,523 | -31.8% |
| Taxes | 450/3 | €19,646 | €16,123 | -€3,523 | -17.9% |
| Remuneration and social security | 454/9 | €4,000 | - | -€4,000 | |
| Other amounts payable | 47/48 | - | €209 | +€209 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,499 | €372 | -€1,127 | -75.2% |
| Other operating charges | 640/8 | €705 | €363 | -€342 | -48.5% |
| Gross operating margin | 9900 | €99,225 | €81,330 | -€17,894 | -18.0% |
| Operating profit (loss) | 9901 | €97,021 | €80,595 | -€16,425 | -16.9% |
| Financial income | 75/76B | - | €61 | +€61 | |
| Recurring financial income | 75 | - | €61 | +€61 | |
| Financial charges | 65/66B | €66 | €270 | +€204 | +310% |
| Recurring financial charges | 65 | €66 | €270 | +€204 | +310% |
| Profit (loss) for the period before taxes | 9903 | €96,955 | €80,386 | -€16,569 | -17.1% |
| Income taxes | 67/77 | €19,446 | €16,123 | -€3,323 | -17.1% |
| Profit (loss) for the period | 9904 | €77,509 | €64,263 | -€13,246 | -17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €77,509 | €64,263 | -€13,246 | -17.1% |
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 1 November 2026 via checked.be.