AB SERVICES: 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 SERVICES
Largest movements
- Receivables within one year -€69,754
down €69,754 (-88.7%), from €78,654 to €8,900
- Cash +€52,211
up €52,211 (+85159.4%), from €61 to €52,273
mainly Receivables within one year (+€69,754) and Net result for the year (+€24,249)
- Tangible fixed assets -€4,560
down €4,560 (-17.2%), from €26,534 to €21,974
- Debts within one year -€46,352
down €46,352 (-59.6%), from €77,724 to €31,371
- Equity +€24,249
up €24,249 (+88.1%), from €27,526 to €51,775
of which Profit (loss) carried forward: +€24,249
- Turnover +€123,945
up €123,945 (+39.2%), from €316,207 to €440,152
- Gross operating margin -€51,606
down €51,606 (-36.0%), from €143,244 to €91,638
- Taxes -€4,527
no longer reported in 2020 (was €4,527)
From the 2019 result to the 2020 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 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,250 | €83,147 | -€22,103 | -21.0% |
| Fixed assets | 21/28 | €26,534 | €21,974 | -€4,560 | -17.2% |
| Tangible fixed assets | 22/27 | €26,534 | €21,974 | -€4,560 | -17.2% |
| Current assets | 29/58 | €78,715 | €61,173 | -€17,543 | -22.3% |
| Amounts receivable within one year | 40/41 | €78,654 | €8,900 | -€69,754 | -88.7% |
| Cash at bank and in hand | 54/58 | €61 | €52,273 | +€52,211 | +85159.4% |
| Total equity and liabilities | 10/49 | €105,250 | €83,147 | -€22,103 | -21.0% |
| Equity | 10/15 | €27,526 | €51,775 | +€24,249 | +88.1% |
| Contributions | 10/11 | €12,400 | - | -€12,400 | |
| Profit (loss) carried forward | 14 | €15,126 | €39,375 | +€24,249 | +160.3% |
| Amounts payable | 17/49 | €77,724 | €31,371 | -€46,352 | -59.6% |
| Amounts payable within one year | 42/48 | €77,724 | €31,371 | -€46,352 | -59.6% |
| Trade debts | 44 | €47,232 | €1,316 | -€45,915 | -97.2% |
| Turnover | 70 | €316,207 | €440,152 | +€123,945 | +39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,236 | €4,560 | -€1,676 | -26.9% |
| Gross operating margin | 9900 | €143,244 | €91,638 | -€51,606 | -36.0% |
| Operating profit (loss) | 9901 | €19,708 | €24,577 | +€4,869 | +24.7% |
| Recurring financial charges | 65 | €56 | €328 | +€272 | +489.3% |
| Profit (loss) for the period before taxes | 9903 | €19,653 | €24,249 | +€4,596 | +23.4% |
| Income taxes | 67/77 | €4,527 | - | -€4,527 | |
| Profit (loss) for the period | 9904 | €15,126 | €24,249 | +€9,123 | +60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,126 | €24,249 | +€9,123 | +60.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.