AB WORKS CONCEPT: what changed
AB WORKS CONCEPT
Largest movements
- Receivables within one year +€42,639
up €42,639 (+4,542%), from €939 to €43,578
of which Trade receivables: +€41,603
- Cash -€463
down €463 (-96.9%), from €478 to €15
mainly Receivables within one year (-€42,639) and Other debts (-€232)
- Trade debts +€28,343
up €28,343 (+6,960%), from €407 to €28,750
- Profit (loss) carried forward +€12,815
up €12,815, from -€9,111 to €3,704
- Tax, wage and social debts +€1,251
up €1,251 (+141%), from €889 to €2,140
- Gross operating margin +€17,131
up €17,131, from -€4,088 to €13,043
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,417 | €43,593 | +€42,176 | +2,976% |
| Current assets | 29/58 | €1,417 | €43,593 | +€42,176 | +2,976% |
| Amounts receivable within one year | 40/41 | €939 | €43,578 | +€42,639 | +4,542% |
| Trade receivables | 40 | €0 | €41,603 | +€41,603 | |
| Other amounts receivable | 41 | €939 | €1,975 | +€1,036 | +110% |
| Cash at bank and in hand | 54/58 | €478 | €15 | -€463 | -96.9% |
| Total equity and liabilities | 10/49 | €1,417 | €43,593 | +€42,176 | +2,976% |
| Equity | 10/15 | -€4,111 | €8,704 | +€12,815 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €5,000 | +€5,000 | |
| Other | 1109/19 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | -€9,111 | €3,704 | +€12,815 | |
| Amounts payable | 17/49 | €5,528 | €34,889 | +€29,361 | +531% |
| Amounts payable within one year | 42/48 | €5,528 | €34,889 | +€29,361 | +531% |
| Trade debts | 44 | €407 | €28,750 | +€28,343 | +6,960% |
| Suppliers | 440/4 | €407 | €28,750 | +€28,343 | +6,960% |
| Taxes, remuneration and social security | 45 | €889 | €2,140 | +€1,251 | +141% |
| Taxes | 450/3 | €889 | €2,140 | +€1,251 | +141% |
| Other amounts payable | 47/48 | €4,232 | €3,999 | -€232 | -5.5% |
| Gross operating margin | 9900 | -€4,088 | €13,043 | +€17,131 | |
| Operating profit (loss) | 9901 | -€4,088 | €13,043 | +€17,131 | |
| Financial charges | 65/66B | €190 | €228 | +€38 | +20.0% |
| Recurring financial charges | 65 | €190 | €228 | +€38 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,278 | €12,815 | +€17,093 | |
| Profit (loss) for the period | 9904 | -€4,278 | €12,815 | +€17,093 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,278 | €12,815 | +€17,093 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.