AB Firestop: 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.
AB Firestop
Largest movements
- Receivables within one year -€7,797
down €7,797 (-22.2%), from €35,096 to €27,299
of which Trade receivables: -€8,180
- Cash -€2,870
down €2,870 (-73.7%), from €3,894 to €1,024
mainly Net result for the year (-€10,561) and Investment in fixed assets (net) (-€2,500)
- Tangible fixed assets +€1,487
up €1,487 (+61.7%), from €2,410 to €3,897
of which Plant, machinery and equipment: +€1,794
- Profit (loss) carried forward -€10,561
down €10,561, from €2,156 to -€8,405
- Other debts +€3,742
up €3,742 (+13.3%), from €28,080 to €31,822
- Trade debts -€2,117
down €2,117 (-42.8%), from €4,943 to €2,826
- Gross operating margin -€28,352
down €28,352, from €20,957 to -€7,395
- Staff costs -€4,963
down €4,963 (-93.5%), from €5,311 to €347
- Other operating charges +€635
up €635 (+96.0%), from €662 to €1,297
- Depreciation +€632
up €632 (+98.9%), from €639 to €1,272
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 | €41,725 | €32,443 | -€9,282 | -22.2% |
| Fixed assets | 21/28 | €2,669 | €3,897 | +€1,228 | +46.0% |
| Tangible fixed assets | 22/27 | €2,410 | €3,897 | +€1,487 | +61.7% |
| Plant, machinery and equipment | 23 | €2,104 | €3,897 | +€1,794 | +85.3% |
| Furniture and vehicles | 24 | €306 | €0 | -€306 | -100% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €259 | €0 | -€259 | -100% |
| Current assets | 29/58 | €39,056 | €28,546 | -€10,510 | -26.9% |
| Amounts receivable within one year | 40/41 | €35,096 | €27,299 | -€7,797 | -22.2% |
| Trade receivables | 40 | €35,004 | €26,824 | -€8,180 | -23.4% |
| Other amounts receivable | 41 | €92 | €475 | +€383 | +416% |
| Cash at bank and in hand | 54/58 | €3,894 | €1,024 | -€2,870 | -73.7% |
| Deferred charges and accrued income | 490/1 | €66 | €223 | +€157 | +239% |
| Total equity and liabilities | 10/49 | €41,725 | €32,443 | -€9,282 | -22.2% |
| Equity | 10/15 | €3,156 | -€7,405 | -€10,561 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,156 | -€8,405 | -€10,561 | |
| Amounts payable | 17/49 | €38,569 | €39,848 | +€1,280 | +3.3% |
| Amounts payable within one year | 42/48 | €33,369 | €34,648 | +€1,280 | +3.8% |
| Trade debts | 44 | €4,943 | €2,826 | -€2,117 | -42.8% |
| Suppliers | 440/4 | €4,943 | €2,826 | -€2,117 | -42.8% |
| Taxes, remuneration and social security | 45 | €346 | €0 | -€346 | -100% |
| Taxes | 450/3 | €346 | €0 | -€346 | -100% |
| Other amounts payable | 47/48 | €28,080 | €31,822 | +€3,742 | +13.3% |
| Accrued charges and deferred income | 492/3 | €5,200 | €5,200 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €5,311 | €347 | -€4,963 | -93.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €639 | €1,272 | +€632 | +98.9% |
| Other operating charges | 640/8 | €662 | €1,297 | +€635 | +96.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €20,957 | -€7,395 | -€28,352 | |
| Operating profit (loss) | 9901 | €14,345 | -€10,310 | -€24,656 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €194 | €251 | +€57 | +29.4% |
| Recurring financial charges | 65 | €194 | €251 | +€57 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | €14,151 | -€10,561 | -€24,713 | |
| Profit (loss) for the period | 9904 | €14,151 | -€10,561 | -€24,713 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,151 | -€10,561 | -€24,713 |
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 13 October 2026 via checked.be.