AB-TECHNICS: 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-TECHNICS
Largest movements
- Receivables within one year +€265,174
up €265,174 (+21.0%), from €1.3m to €1.5m
of which Other amounts receivable: +€137,635
- Stocks and contracts +€117,158
up €117,158 (+13.8%), from €850,000 to €967,158
- Cash -€37,294
down €37,294 (-32.3%), from €115,429 to €78,136
mainly Receivables within one year (-€265,174) and Stocks and contracts (-€117,158)
- Tangible fixed assets -€29,646
down €29,646 (-26.7%), from €110,936 to €81,290
- Trade debts +€205,296
up €205,296 (+49.0%), from €419,261 to €624,557
- Current portion of long-term debt +€84,171
up €84,171 (+20.3%), from €415,490 to €499,661
- Debts after one year -€57,109
down €57,109 (-35.9%), from €159,023 to €101,914
- Short-term financial debts +€33,744
up €33,744 (+5.4%), from €622,286 to €656,030
- Tax, wage and social debts +€31,537
up €31,537 (+27.3%), from €115,409 to €146,946
of which Remuneration and social security: +€20,219
- Staff costs +€250,002
up €250,002 (+29.8%), from €838,799 to €1.1m
- Gross operating margin +€194,942
up €194,942 (+18.4%), from €1.1m to €1.3m
- Taxes -€14,191
down €14,191 (-51.3%), from €27,665 to €13,475
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 | €2,611,967 | €2,947,420 | +€335,454 | +12.8% |
| Fixed assets | 21/28 | €155,308 | €123,732 | -€31,576 | -20.3% |
| Intangible fixed assets | 21 | €44,372 | €42,442 | -€1,930 | -4.3% |
| Tangible fixed assets | 22/27 | €110,936 | €81,290 | -€29,646 | -26.7% |
| Plant, machinery and equipment | 23 | €52,741 | €40,506 | -€12,235 | -23.2% |
| Furniture and vehicles | 24 | €47,000 | €33,591 | -€13,408 | -28.5% |
| Other tangible fixed assets | 26 | €11,196 | €7,192 | -€4,003 | -35.8% |
| Current assets | 29/58 | €2,456,659 | €2,823,688 | +€367,030 | +14.9% |
| Stocks and contracts in progress | 3 | €850,000 | €967,158 | +€117,158 | +13.8% |
| Stocks | 30/36 | €850,000 | €967,158 | +€117,158 | +13.8% |
| Amounts receivable within one year | 40/41 | €1,264,371 | €1,529,545 | +€265,174 | +21.0% |
| Trade receivables | 40 | €1,046,281 | €1,173,819 | +€127,539 | +12.2% |
| Other amounts receivable | 41 | €218,091 | €355,725 | +€137,635 | +63.1% |
| Cash at bank and in hand | 54/58 | €115,429 | €78,136 | -€37,294 | -32.3% |
| Deferred charges and accrued income | 490/1 | €226,858 | €248,851 | +€21,993 | +9.7% |
| Total equity and liabilities | 10/49 | €2,611,967 | €2,947,420 | +€335,454 | +12.8% |
| Equity | 10/15 | €838,161 | €856,564 | +€18,402 | +2.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €819,569 | €837,972 | +€18,402 | +2.2% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €817,710 | €837,972 | +€20,262 | +2.5% |
| Amounts payable | 17/49 | €1,773,805 | €2,090,857 | +€317,051 | +17.9% |
| Amounts payable after more than one year | 17 | €159,023 | €101,914 | -€57,109 | -35.9% |
| Financial debts | 170/4 | €159,023 | €101,914 | -€57,109 | -35.9% |
| Amounts payable within one year | 42/48 | €1,614,782 | €1,988,942 | +€374,160 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €415,490 | €499,661 | +€84,171 | +20.3% |
| Financial debts | 43 | €622,286 | €656,030 | +€33,744 | +5.4% |
| Credit institutions | 430/8 | €622,286 | €656,030 | +€33,744 | +5.4% |
| Trade debts | 44 | €419,261 | €624,557 | +€205,296 | +49.0% |
| Suppliers | 440/4 | €419,261 | €624,557 | +€205,296 | +49.0% |
| Taxes, remuneration and social security | 45 | €115,409 | €146,946 | +€31,537 | +27.3% |
| Taxes | 450/3 | €49,181 | €60,498 | +€11,318 | +23.0% |
| Remuneration and social security | 454/9 | €66,229 | €86,448 | +€20,219 | +30.5% |
| Other amounts payable | 47/48 | €42,336 | €61,748 | +€19,412 | +45.9% |
| Remuneration, social security and pensions | 62 | €838,799 | €1,088,802 | +€250,002 | +29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,525 | €40,470 | -€7,054 | -14.8% |
| Other operating charges | 640/8 | €3,875 | €8,316 | +€4,441 | +114.6% |
| Gross operating margin | 9900 | €1,058,756 | €1,253,698 | +€194,942 | +18.4% |
| Operating profit (loss) | 9901 | €168,557 | €116,110 | -€52,447 | -31.1% |
| Financial income | 75/76B | €313 | €1,743 | +€1,429 | +456.5% |
| Recurring financial income | 75 | €313 | €1,743 | +€1,429 | +456.5% |
| Financial charges | 65/66B | €80,680 | €85,976 | +€5,295 | +6.6% |
| Recurring financial charges | 65 | €80,680 | €85,976 | +€5,295 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €88,190 | €31,877 | -€56,313 | -63.9% |
| Income taxes | 67/77 | €27,665 | €13,475 | -€14,191 | -51.3% |
| Profit (loss) for the period | 9904 | €60,524 | €18,402 | -€42,122 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €60,524 | €18,402 | -€42,122 | -69.6% |
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 7 October 2026 via checked.be.