AB INVEX: 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 INVEX
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year -€84,340
down €84,340 (-5.4%), from €1.6m to €1.5m
of which Financial debts: -€83,761
- Trade debts +€67,803
up €67,803 (+5,520%), from €1,228 to €69,031
- Profit (loss) carried forward +€33,722
up €33,722 (+42.9%), from -€78,647 to -€44,924
- Depreciation +€26,463
up €26,463 (+54.7%), from €48,390 to €74,853
- Gross operating margin +€23,556
up €23,556 (+19.4%), from €121,507 to €145,063
- Financial charges -€2,021
down €2,021 (-5.2%), from €38,995 to €36,973
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,589,391 | €1,608,722 | +€19,332 | +1.2% |
| Fixed assets | 21/28 | €1,562,276 | €1,571,852 | +€9,576 | +0.6% |
| Tangible fixed assets | 22/27 | €829,620 | €839,196 | +€9,576 | +1.2% |
| Land and buildings | 22 | €644,219 | €609,344 | -€34,875 | -5.4% |
| Plant, machinery and equipment | 23 | €185,222 | €229,673 | +€44,451 | +24.0% |
| Furniture and vehicles | 24 | €179 | €179 | = | 0.0% |
| Financial fixed assets | 28 | €732,656 | €732,656 | = | 0.0% |
| Current assets | 29/58 | €27,115 | €36,870 | +€9,755 | +36.0% |
| Amounts receivable within one year | 40/41 | €9,189 | €10,898 | +€1,709 | +18.6% |
| Trade receivables | 40 | €5,400 | €5,400 | = | 0.0% |
| Other amounts receivable | 41 | €3,789 | €5,498 | +€1,709 | +45.1% |
| Cash at bank and in hand | 54/58 | €17,926 | €25,972 | +€8,046 | +44.9% |
| Total equity and liabilities | 10/49 | €1,589,391 | €1,608,722 | +€19,332 | +1.2% |
| Equity | 10/15 | -€53,647 | -€19,924 | +€33,722 | +62.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | - | -€25,000 | |
| Issued capital | 100 | €25,000 | - | -€25,000 | |
| Profit (loss) carried forward | 14 | -€78,647 | -€44,924 | +€33,722 | +42.9% |
| Amounts payable | 17/49 | €1,643,038 | €1,628,647 | -€14,391 | -0.9% |
| Amounts payable after more than one year | 17 | €1,553,086 | €1,468,745 | -€84,340 | -5.4% |
| Financial debts | 170/4 | €1,355,424 | €1,271,664 | -€83,761 | -6.2% |
| Other amounts payable | 178/9 | €197,661 | €197,082 | -€580 | -0.3% |
| Amounts payable within one year | 42/48 | €89,952 | €159,901 | +€69,949 | +77.8% |
| Current portion of amounts payable after more than one year | 42 | €82,883 | €85,029 | +€2,146 | +2.6% |
| Trade debts | 44 | €1,228 | €69,031 | +€67,803 | +5,520% |
| Suppliers | 440/4 | €1,228 | €69,031 | +€67,803 | +5,520% |
| Other amounts payable | 47/48 | €5,840 | €5,840 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,390 | €74,853 | +€26,463 | +54.7% |
| Gross operating margin | 9900 | €121,507 | €145,063 | +€23,556 | +19.4% |
| Operating profit (loss) | 9901 | €73,117 | €70,211 | -€2,906 | -4.0% |
| Financial charges | 65/66B | €38,995 | €36,973 | -€2,021 | -5.2% |
| Recurring financial charges | 65 | €38,995 | €36,973 | -€2,021 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €34,123 | €33,237 | -€885 | -2.6% |
| Income taxes | 67/77 | - | -€485 | -€485 | |
| Profit (loss) for the period | 9904 | €34,123 | €33,722 | -€400 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,123 | €33,722 | -€400 | -1.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.