AB GROUP: 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.
AB GROUP
Largest movements
- Receivables within one year +€24,730
up €24,730 (+619.2%), from €3,994 to €28,724
of which Trade receivables: +€24,876
- Deferred charges and accrued income -€15,000
no longer reported in 2024 (was €15,000)
- Stocks and contracts +€13,190
up €13,190 (+33.2%), from €39,704 to €52,894
- Cash +€3,934
new in 2024: €3,934
mainly Other debts (+€20,677) and Deferred charges and accrued income (+€15,000)
- Other debts +€20,677
up €20,677 (+51.2%), from €40,416 to €61,093
- Profit (loss) carried forward +€2,946
up €2,946, from -€1,348 to €1,599
- Tax, wage and social debts +€2,400
new in 2024: €2,400
of which Remuneration and social security: +€2,000
- Gross operating margin +€4,574
up €4,574 (+683.0%), from €670 to €5,244
- Other operating charges +€1,020
up €1,020 (+4113.8%), from €25 to €1,045
- Depreciation +€831
new in 2024: €831
- Financial income -€762
down €762 (-95.0%), from €802 to €40
- Taxes +€400
new in 2024: €400
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.
Cash bridge derived
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 | €59,528 | €85,552 | +€26,023 | +43.7% |
| Formation expenses | 20 | €831 | - | -€831 | |
| Current assets | 29/58 | €58,698 | €85,552 | +€26,854 | +45.7% |
| Stocks and contracts in progress | 3 | €39,704 | €52,894 | +€13,190 | +33.2% |
| Stocks | 30/36 | €39,704 | €52,894 | +€13,190 | +33.2% |
| Amounts receivable within one year | 40/41 | €3,994 | €28,724 | +€24,730 | +619.2% |
| Trade receivables | 40 | - | €24,876 | +€24,876 | |
| Other amounts receivable | 41 | €3,994 | €3,848 | -€146 | -3.6% |
| Cash at bank and in hand | 54/58 | - | €3,934 | +€3,934 | |
| Deferred charges and accrued income | 490/1 | €15,000 | - | -€15,000 | |
| Total equity and liabilities | 10/49 | €59,528 | €85,552 | +€26,023 | +43.7% |
| Equity | 10/15 | €19,112 | €22,059 | +€2,946 | +15.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,348 | €1,599 | +€2,946 | |
| Amounts payable | 17/49 | €40,416 | €63,493 | +€23,077 | +57.1% |
| Amounts payable within one year | 42/48 | €40,416 | €63,493 | +€23,077 | +57.1% |
| Taxes, remuneration and social security | 45 | - | €2,400 | +€2,400 | |
| Taxes | 450/3 | - | €400 | +€400 | |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €40,416 | €61,093 | +€20,677 | +51.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €831 | +€831 | |
| Other operating charges | 640/8 | €25 | €1,045 | +€1,020 | +4113.8% |
| Gross operating margin | 9900 | €670 | €5,244 | +€4,574 | +683.0% |
| Operating profit (loss) | 9901 | €645 | €3,368 | +€2,723 | +422.3% |
| Financial income | 75/76B | €802 | €40 | -€762 | -95.0% |
| Recurring financial income | 75 | €802 | €40 | -€762 | -95.0% |
| Financial charges | 65/66B | €171 | €62 | -€109 | -63.6% |
| Recurring financial charges | 65 | €171 | €62 | -€109 | -63.6% |
| Profit (loss) for the period before taxes | 9903 | €1,276 | €3,346 | +€2,070 | +162.2% |
| Income taxes | 67/77 | - | €400 | +€400 | |
| Profit (loss) for the period | 9904 | €1,276 | €2,946 | +€1,671 | +130.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,276 | €2,946 | +€1,671 | +130.9% |
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.