AA&B: 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.
AA&B
Largest movements
- Receivables within one year +€408,746
up €408,746 (+378%), from €108,075 to €516,821
of which Trade receivables: +€224,159
- Tangible fixed assets +€191,009
up €191,009 (+244%), from €78,279 to €269,289
of which Furniture and vehicles: +€186,552
- Deferred charges and accrued income -€24,968
down €24,968 (-60.5%), from €41,260 to €16,291
- Stocks and contracts -€22,500
down €22,500 (-100%), from €22,500 to €0
- Debts after one year +€142,215
new in 2024: €142,215
- Reserves +€100,000
new in 2024: €100,000
- Tax, wage and social debts +€95,938
up €95,938 (+224%), from €42,806 to €138,743
of which Taxes: +€77,002
- Trade debts +€66,542
up €66,542 (+1,076%), from €6,183 to €72,725
- Current portion of long-term debt +€62,441
new in 2024: €62,441
- Gross operating margin +€320,466
up €320,466 (+145%), from €221,011 to €541,477
- Staff costs +€181,307
up €181,307 (+196%), from €92,717 to €274,024
- Taxes +€58,343
up €58,343 (+228%), from €25,543 to €83,886
- Depreciation +€40,793
up €40,793 (+293%), from €13,903 to €54,696
- Other operating charges +€14,247
up €14,247 (+490%), from €2,905 to €17,152
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 | €254,240 | €806,426 | +€552,186 | +217% |
| Fixed assets | 21/28 | €82,304 | €273,314 | +€191,009 | +232% |
| Tangible fixed assets | 22/27 | €78,279 | €269,289 | +€191,009 | +244% |
| Plant, machinery and equipment | 23 | €2,934 | €7,391 | +€4,457 | +152% |
| Furniture and vehicles | 24 | €75,346 | €261,898 | +€186,552 | +248% |
| Financial fixed assets | 28 | €4,025 | €4,025 | = | 0.0% |
| Current assets | 29/58 | €171,936 | €533,112 | +€361,176 | +210% |
| Stocks and contracts in progress | 3 | €22,500 | €0 | -€22,500 | -100% |
| Stocks | 30/36 | €22,500 | €0 | -€22,500 | -100% |
| Amounts receivable within one year | 40/41 | €108,075 | €516,821 | +€408,746 | +378% |
| Trade receivables | 40 | €95,693 | €319,852 | +€224,159 | +234% |
| Other amounts receivable | 41 | €12,382 | €196,969 | +€184,587 | +1,491% |
| Cash at bank and in hand | 54/58 | €102 | €0 | -€102 | -100% |
| Deferred charges and accrued income | 490/1 | €41,260 | €16,291 | -€24,968 | -60.5% |
| Total equity and liabilities | 10/49 | €254,240 | €806,426 | +€552,186 | +217% |
| Equity | 10/15 | €67,449 | €174,382 | +€106,933 | +159% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | - | €100,000 | +€100,000 | |
| Distributable reserves | 133 | - | €100,000 | +€100,000 | |
| Profit (loss) carried forward | 14 | €66,949 | €73,882 | +€6,933 | +10.4% |
| Amounts payable | 17/49 | €186,791 | €632,044 | +€445,253 | +238% |
| Amounts payable after more than one year | 17 | - | €142,215 | +€142,215 | |
| Financial debts | 170/4 | - | €142,215 | +€142,215 | |
| Amounts payable within one year | 42/48 | €60,913 | €312,434 | +€251,521 | +413% |
| Current portion of amounts payable after more than one year | 42 | - | €62,441 | +€62,441 | |
| Financial debts | 43 | - | €38,525 | +€38,525 | |
| Credit institutions | 430/8 | - | €38,525 | +€38,525 | |
| Trade debts | 44 | €6,183 | €72,725 | +€66,542 | +1,076% |
| Suppliers | 440/4 | €6,183 | €72,725 | +€66,542 | +1,076% |
| Taxes, remuneration and social security | 45 | €42,806 | €138,743 | +€95,938 | +224% |
| Taxes | 450/3 | €25,543 | €102,545 | +€77,002 | +301% |
| Remuneration and social security | 454/9 | €17,263 | €36,198 | +€18,935 | +110% |
| Other amounts payable | 47/48 | €11,924 | €0 | -€11,924 | -100% |
| Accrued charges and deferred income | 492/3 | €125,879 | €177,395 | +€51,517 | +40.9% |
| Remuneration, social security and pensions | 62 | €92,717 | €274,024 | +€181,307 | +196% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,903 | €54,696 | +€40,793 | +293% |
| Other operating charges | 640/8 | €2,905 | €17,152 | +€14,247 | +490% |
| Gross operating margin | 9900 | €221,011 | €541,477 | +€320,466 | +145% |
| Operating profit (loss) | 9901 | €111,485 | €195,606 | +€84,121 | +75.5% |
| Financial income | 75/76B | €11 | €1,061 | +€1,050 | +9,342% |
| Recurring financial income | 75 | €11 | €1,061 | +€1,050 | +9,342% |
| Financial charges | 65/66B | €3,823 | €5,848 | +€2,025 | +53.0% |
| Recurring financial charges | 65 | €3,823 | €5,848 | +€2,025 | +53.0% |
| Profit (loss) for the period before taxes | 9903 | €107,674 | €190,819 | +€83,145 | +77.2% |
| Income taxes | 67/77 | €25,543 | €83,886 | +€58,343 | +228% |
| Profit (loss) for the period | 9904 | €82,131 | €106,933 | +€24,802 | +30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €82,131 | €106,933 | +€24,802 | +30.2% |
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.