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.
What changed
AB SERVICES
NACE 70.200, Business and other management consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€82,817
2023 · -€26,857-€55,960
Equity
€550,543
2023 · €633,719-€83,176
Cash
€18,659
2023 · €26,228-€7,569
Balance sheet total
€934,657
2023 · €723,308+€211,349
Largest movements
Assets
- Tangible fixed assets +€219,087
up €219,087 (+32.1%), from €681,823 to €900,911
of which Land and buildings: +€213,150
Equity and liabilities
- Debts after one year +€284,855
up €284,855 (+403.2%), from €70,651 to €355,506
of which Financial debts: +€259,855
- Profit (loss) carried forward -€82,817
down €82,817 (-142.3%), from -€58,205 to -€141,022
Income statement
- Other operating charges +€36,681
up €36,681 (+258.5%), from €14,191 to €50,872
- Depreciation +€11,309
up €11,309 (+15.8%), from €71,383 to €82,693
- Financial charges +€8,991
up €8,991 (+360.0%), from €2,497 to €11,488
- Gross operating margin +€1,231
up €1,231 (+1.9%), from €64,439 to €65,670
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.
Result 2023
-€26,857
Gross operating margin
+€1,231
Staff costs
-€74
Depreciation
-€11,309
Other operating charges
-€36,681
Financial income
-€131
Financial charges
-€8,991
Taxes
-€5
Result 2024
-€82,817
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.
From operations
+€10,252
Investment
-€301,780
Financing
+€283,959
Cash 2023
€26,228
From operations (derived)
+€10,252
Net result for the year
-€82,817
Depreciation
+€82,693
Stocks and contracts
+€2,000
Smaller working-capital items
-€485
Deferred charges and accrued income
-€1,977
Trade debts
+€8,699
Tax, wage and social debts
-€756
Other debts
+€2,895
Investment (derived)
-€301,780
Investment in fixed assets (net)
-€301,780
Financing
+€283,959
Debts after one year
+€284,855
Current portion of long-term debt
-€536
Contributions, distributions and other
-€359
Cash 2024
€18,659
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €723,308 | €934,657 | +€211,349 | +29.2% |
| Fixed assets | 21/28 | €681,823 | €900,911 | +€219,087 | +32.1% |
| Tangible fixed assets | 22/27 | €681,823 | €900,911 | +€219,087 | +32.1% |
| Land and buildings | 22 | €633,235 | €846,385 | +€213,150 | +33.7% |
| Plant, machinery and equipment | 23 | €25,035 | €16,909 | -€8,126 | -32.5% |
| Furniture and vehicles | 24 | €23,554 | €37,617 | +€14,063 | +59.7% |
| Current assets | 29/58 | €41,485 | €33,746 | -€7,739 | -18.7% |
| Stocks and contracts in progress | 3 | €2,000 | - | -€2,000 | |
| Contracts in progress | 37 | €2,000 | - | -€2,000 | |
| Amounts receivable within one year | 40/41 | €12,276 | €12,129 | -€147 | -1.2% |
| Trade receivables | 40 | €5,285 | €10,700 | +€5,415 | +102.5% |
| Other amounts receivable | 41 | €6,992 | €1,430 | -€5,562 | -79.6% |
| Cash at bank and in hand | 54/58 | €26,228 | €18,659 | -€7,569 | -28.9% |
| Deferred charges and accrued income | 490/1 | €981 | €2,958 | +€1,977 | +201.6% |
| Total equity and liabilities | 10/49 | €723,308 | €934,657 | +€211,349 | +29.2% |
| Equity | 10/15 | €633,719 | €550,543 | -€83,176 | -13.1% |
| Contributions | 10/11 | €669,956 | €669,956 | = | 0.0% |
| Reserves | 13 | €21,156 | €21,156 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,538 | €8,538 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,538 | €8,538 | = | 0.0% |
| Distributable reserves | 133 | €12,619 | €12,619 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,205 | -€141,022 | -€82,817 | -142.3% |
| Investment grants | 15 | €811 | €452 | -€359 | -44.3% |
| Provisions and deferred taxes | 16 | €1,430 | €798 | -€632 | -44.2% |
| Deferred taxes | 168 | €1,430 | €798 | -€632 | -44.2% |
| Amounts payable | 17/49 | €88,159 | €383,316 | +€295,157 | +334.8% |
| Amounts payable after more than one year | 17 | €70,651 | €355,506 | +€284,855 | +403.2% |
| Financial debts | 170/4 | €70,651 | €330,506 | +€259,855 | +367.8% |
| Other amounts payable | 178/9 | - | €25,000 | +€25,000 | |
| Amounts payable within one year | 42/48 | €17,508 | €27,810 | +€10,302 | +58.8% |
| Current portion of amounts payable after more than one year | 42 | €13,852 | €13,316 | -€536 | -3.9% |
| Trade debts | 44 | €2,899 | €11,599 | +€8,699 | +300.0% |
| Suppliers | 440/4 | €2,899 | €11,599 | +€8,699 | +300.0% |
| Taxes, remuneration and social security | 45 | €756 | - | -€756 | |
| Taxes | 450/3 | €756 | - | -€756 | |
| Other amounts payable | 47/48 | - | €2,895 | +€2,895 | |
| Remuneration, social security and pensions | 62 | €3,963 | €4,037 | +€74 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,383 | €82,693 | +€11,309 | +15.8% |
| Other operating charges | 640/8 | €14,191 | €50,872 | +€36,681 | +258.5% |
| Gross operating margin | 9900 | €64,439 | €65,670 | +€1,231 | +1.9% |
| Operating profit (loss) | 9901 | -€25,099 | -€71,931 | -€46,833 | -186.6% |
| Financial income | 75/76B | €496 | €365 | -€131 | -26.4% |
| Recurring financial income | 75 | €496 | €365 | -€131 | -26.4% |
| Financial charges | 65/66B | €2,497 | €11,488 | +€8,991 | +360.0% |
| Recurring financial charges | 65 | €2,497 | €11,488 | +€8,991 | +360.0% |
| Profit (loss) for the period before taxes | 9903 | -€27,100 | -€83,055 | -€55,955 | -206.5% |
| Transfer from deferred taxes | 780 | €632 | €632 | = | 0.0% |
| Income taxes | 67/77 | €389 | €394 | +€5 | +1.4% |
| Profit (loss) for the period | 9904 | -€26,857 | -€82,817 | -€55,960 | -208.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,857 | -€82,817 | -€55,960 | -208.4% |
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 2 October 2026 via checked.be.