A'BELLO: 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.
A'BELLO
Largest movements
- Receivables within one year +€234,505
up €234,505 (+130%), from €180,429 to €414,934
of which Trade receivables: +€253,081
- Stocks and contracts -€137,250
down €137,250 (-30.5%), from €449,393 to €312,143
- Cash +€125,349
up €125,349 (+3,376%), from €3,713 to €129,062
mainly Stocks and contracts (+€137,250) and Short-term financial debts (+€81,750)
- Short-term financial debts +€81,750
new in 2024: €81,750
- Trade debts +€78,786
up €78,786 (+191%), from €41,214 to €120,000
- Other debts +€55,237
up €55,237 (+23.6%), from €233,568 to €288,805
- Reserves +€18,777
up €18,777 (+30.2%), from €62,127 to €80,904
- Tax, wage and social debts -€12,123
down €12,123 (-65.9%), from €18,399 to €6,276
of which Taxes: -€10,633
- Gross operating margin -€62,911
down €62,911 (-59.8%), from €105,195 to €42,284
- Taxes -€11,038
down €11,038 (-65.4%), from €16,880 to €5,842
- Other operating charges -€9,941
down €9,941 (-71.6%), from €13,877 to €3,936
- Depreciation +€4,222
up €4,222 (+561%), from €752 to €4,974
- Financial charges -€2,804
down €2,804 (-24.3%), from €11,559 to €8,755
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €659,421 | €880,735 | +€221,314 | +33.6% |
| Fixed assets | 21/28 | €23,878 | €19,733 | -€4,145 | -17.4% |
| Tangible fixed assets | 22/27 | €23,878 | €19,733 | -€4,145 | -17.4% |
| Plant, machinery and equipment | 23 | €3,327 | €3,308 | -€19 | -0.6% |
| Furniture and vehicles | 24 | €20,551 | €16,425 | -€4,126 | -20.1% |
| Current assets | 29/58 | €635,543 | €861,002 | +€225,459 | +35.5% |
| Stocks and contracts in progress | 3 | €449,393 | €312,143 | -€137,250 | -30.5% |
| Stocks | 30/36 | €449,393 | €312,143 | -€137,250 | -30.5% |
| Amounts receivable within one year | 40/41 | €180,429 | €414,934 | +€234,505 | +130% |
| Trade receivables | 40 | €160,000 | €413,081 | +€253,081 | +158% |
| Other amounts receivable | 41 | €20,429 | €1,853 | -€18,576 | -90.9% |
| Cash at bank and in hand | 54/58 | €3,713 | €129,062 | +€125,349 | +3,376% |
| Deferred charges and accrued income | 490/1 | €2,008 | €4,863 | +€2,855 | +142% |
| Total equity and liabilities | 10/49 | €659,421 | €880,735 | +€221,314 | +33.6% |
| Equity | 10/15 | €65,127 | €83,904 | +€18,777 | +28.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €62,127 | €80,904 | +€18,777 | +30.2% |
| Distributable reserves | 133 | €62,127 | €80,904 | +€18,777 | +30.2% |
| Amounts payable | 17/49 | €594,294 | €796,831 | +€202,537 | +34.1% |
| Amounts payable within one year | 42/48 | €593,181 | €796,831 | +€203,650 | +34.3% |
| Current portion of amounts payable after more than one year | 42 | €300,000 | €300,000 | = | 0.0% |
| Financial debts | 43 | - | €81,750 | +€81,750 | |
| Other loans | 439 | - | €81,750 | +€81,750 | |
| Trade debts | 44 | €41,214 | €120,000 | +€78,786 | +191% |
| Suppliers | 440/4 | €41,214 | €120,000 | +€78,786 | +191% |
| Taxes, remuneration and social security | 45 | €18,399 | €6,276 | -€12,123 | -65.9% |
| Taxes | 450/3 | €16,909 | €6,276 | -€10,633 | -62.9% |
| Remuneration and social security | 454/9 | €1,490 | - | -€1,490 | |
| Other amounts payable | 47/48 | €233,568 | €288,805 | +€55,237 | +23.6% |
| Accrued charges and deferred income | 492/3 | €1,113 | - | -€1,113 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €752 | €4,974 | +€4,222 | +561% |
| Other operating charges | 640/8 | €13,877 | €3,936 | -€9,941 | -71.6% |
| Gross operating margin | 9900 | €105,195 | €42,284 | -€62,911 | -59.8% |
| Operating profit (loss) | 9901 | €90,566 | €33,374 | -€57,192 | -63.1% |
| Financial charges | 65/66B | €11,559 | €8,755 | -€2,804 | -24.3% |
| Recurring financial charges | 65 | €11,559 | €8,755 | -€2,804 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €79,007 | €24,619 | -€54,388 | -68.8% |
| Income taxes | 67/77 | €16,880 | €5,842 | -€11,038 | -65.4% |
| Profit (loss) for the period | 9904 | €62,127 | €18,777 | -€43,350 | -69.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,127 | €18,777 | -€43,350 | -69.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.