ABELBA: what changed
Two fiscal 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.
ABELBA
Largest movements
- Receivables within one year +€77,856
up €77,856 (+757.2%), from €10,282 to €88,138
- Cash -€12,054
down €12,054 (-18.3%), from €65,847 to €53,793
mainly Receivables within one year (-€77,856) and Smaller working-capital items (-€119)
- Tangible fixed assets -€1,469
down €1,469 (-44.8%), from €3,280 to €1,811
- Reserves +€49,236
up €49,236 (+82.8%), from €59,472 to €108,708
- Tax, wage and social debts +€15,215
up €15,215 (+102.0%), from €14,920 to €30,136
- Taxes +€10,315
up €10,315 (+69.1%), from €14,920 to €25,236
- Financial income +€1,753
new in 2025: €1,753
- Gross operating margin -€1,255
down €1,255 (-1.7%), from €75,550 to €74,295
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.
Cash bridge derived
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 | €79,726 | €143,996 | +€64,270 | +80.6% |
| Fixed assets | 21/28 | €3,280 | €1,811 | -€1,469 | -44.8% |
| Tangible fixed assets | 22/27 | €3,280 | €1,811 | -€1,469 | -44.8% |
| Furniture and vehicles | 24 | €3,280 | €1,811 | -€1,469 | -44.8% |
| Current assets | 29/58 | €76,446 | €142,185 | +€65,739 | +86.0% |
| Amounts receivable within one year | 40/41 | €10,282 | €88,138 | +€77,856 | +757.2% |
| Other amounts receivable | 41 | €10,282 | €88,138 | +€77,856 | +757.2% |
| Cash at bank and in hand | 54/58 | €65,847 | €53,793 | -€12,054 | -18.3% |
| Deferred charges and accrued income | 490/1 | €316 | €254 | -€62 | -19.5% |
| Total equity and liabilities | 10/49 | €79,726 | €143,996 | +€64,270 | +80.6% |
| Equity | 10/15 | €62,472 | €111,708 | +€49,236 | +78.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €59,472 | €108,708 | +€49,236 | +82.8% |
| Distributable reserves | 133 | €59,472 | €108,708 | +€49,236 | +82.8% |
| Profit (loss) carried forward | 14 | - | €0 | +€0 | |
| Amounts payable | 17/49 | €17,254 | €32,288 | +€15,034 | +87.1% |
| Amounts payable within one year | 42/48 | €17,254 | €32,288 | +€15,034 | +87.1% |
| Trade debts | 44 | €2,333 | €2,152 | -€181 | -7.8% |
| Suppliers | 440/4 | €2,333 | €2,152 | -€181 | -7.8% |
| Taxes, remuneration and social security | 45 | €14,920 | €30,136 | +€15,215 | +102.0% |
| Taxes | 450/3 | €14,920 | €30,136 | +€15,215 | +102.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,127 | €1,469 | +€342 | +30.4% |
| Other operating charges | 640/8 | - | €62 | +€62 | |
| Gross operating margin | 9900 | €75,550 | €74,295 | -€1,255 | -1.7% |
| Operating profit (loss) | 9901 | €74,423 | €72,764 | -€1,659 | -2.2% |
| Financial income | 75/76B | - | €1,753 | +€1,753 | |
| Recurring financial income | 75 | - | €1,753 | +€1,753 | |
| Financial charges | 65/66B | €30 | €45 | +€15 | +50.0% |
| Recurring financial charges | 65 | €30 | €45 | +€15 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €74,393 | €74,472 | +€79 | +0.1% |
| Income taxes | 67/77 | €14,920 | €25,236 | +€10,315 | +69.1% |
| Profit (loss) for the period | 9904 | €59,472 | €49,236 | -€10,236 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,472 | €49,236 | -€10,236 | -17.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.