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AB CONCEPT SOLUTION: 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.

What changed

AB CONCEPT SOLUTION

BE 0799.648.006
NACE 43.910, Bricklaying and masonry work
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€22,590
2023 · €34,777-€12,187
Equity
€62,367
2023 · €39,777+€22,590
Cash
€70,598
2023 · €25,570+€45,028
Balance sheet total
€121,157
2023 · €89,883+€31,274

Largest movements

2023 to 2024
Assets
  • Cash +€45,028

    up €45,028 (+176.1%), from €25,570 to €70,598

    mainly Net result for the year (+€22,590) and Tax, wage and social debts (+€13,158)

  • Receivables within one year -€8,442

    down €8,442 (-35.4%), from €23,880 to €15,438

    of which Other amounts receivable: -€6,410

  • Tangible fixed assets -€5,312

    down €5,312 (-13.1%), from €40,433 to €35,121

    of which Furniture and vehicles: -€9,701

Equity and liabilities
  • Reserves +€22,590

    new in 2024: €22,590

  • Tax, wage and social debts +€13,158

    up €13,158 (+127.1%), from €10,351 to €23,509

    of which Taxes: +€11,024

  • Other debts -€8,357

    down €8,357 (-28.6%), from €29,252 to €20,895

  • Trade debts +€3,883

    up €3,883 (+37.0%), from €10,503 to €14,386

Income statement
  • Depreciation +€5,430

    up €5,430 (+119.1%), from €4,561 to €9,991

  • Gross operating margin -€5,142

    down €5,142 (-10.4%), from €49,345 to €44,203

  • Taxes +€2,847

    up €2,847 (+34.8%), from €8,177 to €11,024

  • Other operating charges -€1,624

    down €1,624 (-91.6%), from €1,773 to €149

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €34,777
Gross operating margin -€5,142
Staff costs -€242
Depreciation -€5,430
Other operating charges +€1,624
Financial charges -€150
Taxes -€2,847
Result 2024 €22,590

Cash bridge derived

cash 2023 to 2024

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.

From operations +€49,707
Investment -€4,679
Financing €0
Cash 2023 €25,570
Net result for the year +€22,590
Depreciation +€9,991
Receivables within one year +€8,442
Trade debts +€3,883
Tax, wage and social debts +€13,158
Other debts -€8,357
Investment in fixed assets (net) -€4,679
Cash 2024 €70,598
Every line side by side 36 lines
Line Code 2023 2024 Change %
Total assets 20/58 €89,883 €121,157 +€31,274 +34.8%
Fixed assets 21/28 €40,433 €35,121 -€5,312 -13.1%
Tangible fixed assets 22/27 €40,433 €35,121 -€5,312 -13.1%
Plant, machinery and equipment 23 - €4,389 +€4,389
Furniture and vehicles 24 €40,433 €30,732 -€9,701 -24.0%
Current assets 29/58 €49,450 €86,036 +€36,586 +74.0%
Amounts receivable within one year 40/41 €23,880 €15,438 -€8,442 -35.4%
Trade receivables 40 €17,200 €15,168 -€2,032 -11.8%
Other amounts receivable 41 €6,680 €270 -€6,410 -96.0%
Cash at bank and in hand 54/58 €25,570 €70,598 +€45,028 +176.1%
Total equity and liabilities 10/49 €89,883 €121,157 +€31,274 +34.8%
Equity 10/15 €39,777 €62,367 +€22,590 +56.8%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 - €22,590 +€22,590
Distributable reserves 133 - €22,590 +€22,590
Profit (loss) carried forward 14 €34,777 €34,777 = 0.0%
Amounts payable 17/49 €50,106 €58,790 +€8,684 +17.3%
Amounts payable within one year 42/48 €50,106 €58,790 +€8,684 +17.3%
Trade debts 44 €10,503 €14,386 +€3,883 +37.0%
Suppliers 440/4 €10,503 €14,386 +€3,883 +37.0%
Taxes, remuneration and social security 45 €10,351 €23,509 +€13,158 +127.1%
Taxes 450/3 €10,351 €21,375 +€11,024 +106.5%
Remuneration and social security 454/9 - €2,134 +€2,134
Other amounts payable 47/48 €29,252 €20,895 -€8,357 -28.6%
Remuneration, social security and pensions 62 - €242 +€242
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,561 €9,991 +€5,430 +119.1%
Other operating charges 640/8 €1,773 €149 -€1,624 -91.6%
Gross operating margin 9900 €49,345 €44,203 -€5,142 -10.4%
Operating profit (loss) 9901 €43,011 €33,821 -€9,190 -21.4%
Financial charges 65/66B €57 €207 +€150 +263.2%
Recurring financial charges 65 €57 €81 +€24 +42.1%
Non-recurring financial charges 66B - €126 +€126
Profit (loss) for the period before taxes 9903 €42,954 €33,614 -€9,340 -21.7%
Income taxes 67/77 €8,177 €11,024 +€2,847 +34.8%
Profit (loss) for the period 9904 €34,777 €22,590 -€12,187 -35.0%
Profit (loss) for the period to be appropriated 9905 €34,777 €22,590 -€12,187 -35.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.