ABALAG: 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.
ABALAG
Largest movements
- Receivables within one year +€111,901
up €111,901 (+59.6%), from €187,730 to €299,631
of which Trade receivables: +€94,496
- Profit (loss) carried forward +€107,297
up €107,297 (+861.9%), from €12,448 to €119,746
- Trade debts +€31,474
up €31,474 (+23.5%), from €134,063 to €165,537
- Current portion of long-term debt -€14,015
down €14,015 (-28.1%), from €49,963 to €35,947
- Short-term financial debts -€12,006
down €12,006 (-65.0%), from €18,459 to €6,453
- Debts after one year +€7,279
up €7,279 (+4.1%), from €177,783 to €185,062
- Gross operating margin +€189,618
up €189,618 (+227.0%), from €83,532 to €273,150
- Taxes +€14,883
up €14,883 (+2002.3%), from €743 to €15,627
- Staff costs +€14,558
up €14,558 (+54.6%), from €26,651 to €41,209
- Financial charges +€11,632
up €11,632 (+159.7%), from €7,282 to €18,914
- Depreciation -€7,978
down €7,978 (-10.9%), from €72,878 to €64,900
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €422,831 | €534,454 | +€111,623 | +26.4% |
| Fixed assets | 21/28 | €234,146 | €234,047 | -€99 | 0.0% |
| Tangible fixed assets | 22/27 | €233,966 | €233,867 | -€99 | 0.0% |
| Land and buildings | 22 | €129,412 | €122,912 | -€6,500 | -5.0% |
| Furniture and vehicles | 24 | €6,571 | €63,849 | +€57,279 | +871.7% |
| Leasing and similar rights | 25 | €97,983 | €47,105 | -€50,878 | -51.9% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €188,685 | €300,407 | +€111,722 | +59.2% |
| Amounts receivable within one year | 40/41 | €187,730 | €299,631 | +€111,901 | +59.6% |
| Trade receivables | 40 | €182,930 | €277,427 | +€94,496 | +51.7% |
| Other amounts receivable | 41 | €4,800 | €22,204 | +€17,404 | +362.6% |
| Deferred charges and accrued income | 490/1 | €955 | €777 | -€179 | -18.7% |
| Total equity and liabilities | 10/49 | €422,831 | €534,454 | +€111,623 | +26.4% |
| Equity | 10/15 | €18,948 | €126,246 | +€107,297 | +566.3% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,448 | €119,746 | +€107,297 | +861.9% |
| Amounts payable | 17/49 | €403,883 | €408,209 | +€4,326 | +1.1% |
| Amounts payable after more than one year | 17 | €177,783 | €185,062 | +€7,279 | +4.1% |
| Financial debts | 170/4 | €177,783 | €185,062 | +€7,279 | +4.1% |
| Amounts payable within one year | 42/48 | €226,099 | €223,146 | -€2,953 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €49,963 | €35,947 | -€14,015 | -28.1% |
| Financial debts | 43 | €18,459 | €6,453 | -€12,006 | -65.0% |
| Credit institutions | 430/8 | €18,459 | €6,453 | -€12,006 | -65.0% |
| Trade debts | 44 | €134,063 | €165,537 | +€31,474 | +23.5% |
| Suppliers | 440/4 | €134,063 | €165,537 | +€31,474 | +23.5% |
| Advances received on contracts in progress | 46 | €4,000 | - | -€4,000 | |
| Taxes, remuneration and social security | 45 | €19,614 | €15,208 | -€4,406 | -22.5% |
| Taxes | 450/3 | €10,140 | €11,370 | +€1,230 | +12.1% |
| Remuneration and social security | 454/9 | €9,474 | €3,839 | -€5,635 | -59.5% |
| Remuneration, social security and pensions | 62 | €26,651 | €41,209 | +€14,558 | +54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,878 | €64,900 | -€7,978 | -10.9% |
| Other operating charges | 640/8 | €6,925 | €7,457 | +€532 | +7.7% |
| Non-recurring operating charges | 66A | €2,789 | €17,842 | +€15,052 | +539.7% |
| Gross operating margin | 9900 | €83,532 | €273,150 | +€189,618 | +227.0% |
| Operating profit (loss) | 9901 | -€25,711 | €141,743 | +€167,454 | |
| Financial income | 75/76B | €4 | €95 | +€91 | +2388.2% |
| Recurring financial income | 75 | €4 | €95 | +€91 | +2388.2% |
| Financial charges | 65/66B | €7,282 | €18,914 | +€11,632 | +159.7% |
| Recurring financial charges | 65 | €7,282 | €18,914 | +€11,632 | +159.7% |
| Profit (loss) for the period before taxes | 9903 | -€32,989 | €122,924 | +€155,913 | |
| Income taxes | 67/77 | €743 | €15,627 | +€14,883 | +2002.3% |
| Profit (loss) for the period | 9904 | -€33,732 | €107,297 | +€141,029 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,732 | €107,297 | +€141,029 |
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.