AB-SAN: 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-SAN
Largest movements
- Tangible fixed assets -€28,879
down €28,879 (-29.3%), from €98,660 to €69,781
- Receivables within one year +€27,200
up €27,200 (+22.7%), from €119,833 to €147,033
of which Other amounts receivable: +€14,472
- Cash -€13,091
down €13,091 (-60.4%), from €21,667 to €8,575
mainly Receivables within one year (-€27,200) and Debts after one year (-€20,760)
- Deferred charges and accrued income +€5,897
up €5,897 (+164%), from €3,597 to €9,495
- Debts after one year -€20,760
down €20,760 (-40.0%), from €51,861 to €31,101
- Profit (loss) carried forward +€8,756
up €8,756 (+6.5%), from €133,688 to €142,444
- Tax, wage and social debts +€7,817
up €7,817 (+221%), from €3,535 to €11,352
of which Remuneration and social security: +€4,764
- Trade debts -€4,278
down €4,278 (-32.8%), from €13,046 to €8,768
- Staff costs +€31,455
new in 2024: €31,455
- Gross operating margin +€21,155
up €21,155 (+40.0%), from €52,951 to €74,105
- Other operating charges -€5,690
down €5,690 (-80.3%), from €7,089 to €1,399
- Depreciation -€1,636
down €1,636 (-5.4%), from €30,514 to €28,879
- Taxes -€820
down €820 (-23.3%), from €3,519 to €2,699
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 | €243,758 | €234,884 | -€8,873 | -3.6% |
| Fixed assets | 21/28 | €98,660 | €69,781 | -€28,879 | -29.3% |
| Tangible fixed assets | 22/27 | €98,660 | €69,781 | -€28,879 | -29.3% |
| Furniture and vehicles | 24 | €98,660 | €69,781 | -€28,879 | -29.3% |
| Current assets | 29/58 | €145,097 | €165,103 | +€20,006 | +13.8% |
| Amounts receivable within one year | 40/41 | €119,833 | €147,033 | +€27,200 | +22.7% |
| Trade receivables | 40 | €49,033 | €61,761 | +€12,728 | +26.0% |
| Other amounts receivable | 41 | €70,800 | €85,272 | +€14,472 | +20.4% |
| Cash at bank and in hand | 54/58 | €21,667 | €8,575 | -€13,091 | -60.4% |
| Deferred charges and accrued income | 490/1 | €3,597 | €9,495 | +€5,897 | +164% |
| Total equity and liabilities | 10/49 | €243,758 | €234,884 | -€8,873 | -3.6% |
| Equity | 10/15 | €154,148 | €162,904 | +€8,756 | +5.7% |
| 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 | €133,688 | €142,444 | +€8,756 | +6.5% |
| Amounts payable | 17/49 | €89,610 | €71,980 | -€17,630 | -19.7% |
| Amounts payable after more than one year | 17 | €51,861 | €31,101 | -€20,760 | -40.0% |
| Financial debts | 170/4 | €51,861 | €31,101 | -€20,760 | -40.0% |
| Amounts payable within one year | 42/48 | €37,749 | €40,879 | +€3,130 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €21,168 | €20,760 | -€408 | -1.9% |
| Trade debts | 44 | €13,046 | €8,768 | -€4,278 | -32.8% |
| Suppliers | 440/4 | €13,046 | €8,768 | -€4,278 | -32.8% |
| Taxes, remuneration and social security | 45 | €3,535 | €11,352 | +€7,817 | +221% |
| Taxes | 450/3 | €3,535 | €6,588 | +€3,053 | +86.4% |
| Remuneration and social security | 454/9 | - | €4,764 | +€4,764 | |
| Remuneration, social security and pensions | 62 | - | €31,455 | +€31,455 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,514 | €28,879 | -€1,636 | -5.4% |
| Other operating charges | 640/8 | €7,089 | €1,399 | -€5,690 | -80.3% |
| Gross operating margin | 9900 | €52,951 | €74,105 | +€21,155 | +40.0% |
| Operating profit (loss) | 9901 | €15,347 | €12,372 | -€2,975 | -19.4% |
| Financial income | 75/76B | €1 | €0 | -€1 | -94.6% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -94.6% |
| Financial charges | 65/66B | €1,145 | €917 | -€228 | -19.9% |
| Recurring financial charges | 65 | €1,145 | €917 | -€228 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €14,203 | €11,456 | -€2,748 | -19.3% |
| Income taxes | 67/77 | €3,519 | €2,699 | -€820 | -23.3% |
| Profit (loss) for the period | 9904 | €10,684 | €8,756 | -€1,928 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,684 | €8,756 | -€1,928 | -18.0% |
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 16 October 2026 via checked.be.