Abas-Building: 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.
Abas-Building
Largest movements
- Tangible fixed assets +€318,445
up €318,445 (+14.7%), from €2.2m to €2.5m
of which Land and buildings: +€294,633
- Debts after one year +€373,824
up €373,824 (+32.7%), from €1.1m to €1.5m
of which Financial debts: +€373,824
- Profit (loss) carried forward -€168,659
down €168,659, from €19,496 to -€149,164
- Short-term financial debts +€75,000
up €75,000 (+15.6%), from €481,000 to €556,000
- Current portion of long-term debt -€37,233
down €37,233 (-22.8%), from €163,381 to €126,147
- Other debts +€33,871
up €33,871 (+483.1%), from €7,011 to €40,883
- Depreciation +€59,892
up €59,892 (+60.7%), from €98,722 to €158,614
- Gross operating margin -€57,513
down €57,513 (-40.9%), from €140,611 to €83,098
- Financial charges +€24,499
up €24,499 (+38.8%), from €63,110 to €87,609
- Financial income +€4,543
up €4,543 (+454334.0%), from €1 to €4,544
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 | €2,211,643 | €2,505,348 | +€293,705 | +13.3% |
| Fixed assets | 21/28 | €2,159,492 | €2,477,937 | +€318,445 | +14.7% |
| Tangible fixed assets | 22/27 | €2,159,492 | €2,477,937 | +€318,445 | +14.7% |
| Land and buildings | 22 | €2,110,530 | €2,405,163 | +€294,633 | +14.0% |
| Plant, machinery and equipment | 23 | €17,777 | €11,860 | -€5,917 | -33.3% |
| Furniture and vehicles | 24 | €31,185 | €60,915 | +€29,730 | +95.3% |
| Current assets | 29/58 | €52,152 | €27,411 | -€24,740 | -47.4% |
| Amounts receivable within one year | 40/41 | €20,510 | - | -€20,510 | |
| Trade receivables | 40 | €7,800 | - | -€7,800 | |
| Other amounts receivable | 41 | €12,710 | - | -€12,710 | |
| Cash at bank and in hand | 54/58 | €13,642 | €9,411 | -€4,231 | -31.0% |
| Deferred charges and accrued income | 490/1 | €18,000 | €18,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,211,643 | €2,505,348 | +€293,705 | +13.3% |
| Equity | 10/15 | €278,295 | €109,636 | -€168,659 | -60.6% |
| Contributions | 10/11 | €234,011 | €234,011 | = | 0.0% |
| Capital | 10 | €234,011 | €234,011 | = | 0.0% |
| Issued capital | 100 | €234,011 | €234,011 | = | 0.0% |
| Reserves | 13 | €24,788 | €24,788 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,788 | €24,788 | = | 0.0% |
| Legal reserve | 130 | €23,401 | €23,401 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,387 | €1,387 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,496 | -€149,164 | -€168,659 | |
| Amounts payable | 17/49 | €1,933,348 | €2,395,712 | +€462,364 | +23.9% |
| Amounts payable after more than one year | 17 | €1,144,787 | €1,518,610 | +€373,824 | +32.7% |
| Financial debts | 170/4 | €1,124,087 | €1,497,910 | +€373,824 | +33.3% |
| Other amounts payable | 178/9 | €20,700 | €20,700 | = | 0.0% |
| Amounts payable within one year | 42/48 | €727,480 | €795,337 | +€67,857 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €163,381 | €126,147 | -€37,233 | -22.8% |
| Financial debts | 43 | €481,000 | €556,000 | +€75,000 | +15.6% |
| Other loans | 439 | €481,000 | €556,000 | +€75,000 | +15.6% |
| Trade debts | 44 | €76,088 | €72,307 | -€3,781 | -5.0% |
| Suppliers | 440/4 | €76,088 | €72,307 | -€3,781 | -5.0% |
| Other amounts payable | 47/48 | €7,011 | €40,883 | +€33,871 | +483.1% |
| Accrued charges and deferred income | 492/3 | €61,081 | €81,765 | +€20,683 | +33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,722 | €158,614 | +€59,892 | +60.7% |
| Other operating charges | 640/8 | €10,483 | €10,079 | -€404 | -3.9% |
| Non-recurring operating charges | 66A | €27,492 | - | -€27,492 | |
| Gross operating margin | 9900 | €140,611 | €83,098 | -€57,513 | -40.9% |
| Operating profit (loss) | 9901 | €3,914 | -€85,594 | -€89,508 | |
| Financial income | 75/76B | €1 | €4,544 | +€4,543 | +454334.0% |
| Recurring financial income | 75 | €1 | €4,544 | +€4,543 | +454334.0% |
| Financial charges | 65/66B | €63,110 | €87,609 | +€24,499 | +38.8% |
| Recurring financial charges | 65 | €63,110 | €87,609 | +€24,499 | +38.8% |
| Profit (loss) for the period before taxes | 9903 | -€59,196 | -€168,659 | -€109,464 | -184.9% |
| Profit (loss) for the period | 9904 | -€59,196 | -€168,659 | -€109,464 | -184.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,196 | -€168,659 | -€109,464 | -184.9% |
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 4 October 2026 via checked.be.