ABATEX. A: what changed
Two financial 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.
ABATEX. A
Largest movements
- Current investments +€300,000
up €300,000 (+150.0%), from €200,000 to €500,000
- Stocks and contracts -€251,568
down €251,568 (-6.1%), from €4.1m to €3.9m
- Financial fixed assets +€115,326
up €115,326 (+9514.4%), from €1,212 to €116,538
- Cash +€115,209
up €115,209 (+16.0%), from €718,968 to €834,178
mainly Net result for the year (+€595,158) and Trade debts (+€444,905)
- Reserves +€595,158
up €595,158 (+18.2%), from €3.3m to €3.9m
of which Distributable reserves: +€595,158
- Current portion of long-term debt -€589,878
down €589,878 (-79.7%), from €739,878 to €150,000
- Trade debts +€444,905
new in 2024: €444,905
- Debts after one year -€150,000
down €150,000 (-33.3%), from €450,000 to €300,000
- Other debts -€101,370
down €101,370 (-11.8%), from €860,182 to €758,812
- Purchases and services +€7.3m
new in 2024: €7.3m
- Gross operating margin +€541,185
up €541,185 (+24.0%), from €2.3m to €2.8m
- Staff costs +€69,450
up €69,450 (+3.6%), from €1.9m to €2.0m
- Taxes +€35,994
up €35,994 (+101.6%), from €35,416 to €71,409
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 | €6,084,842 | €6,293,548 | +€208,706 | +3.4% |
| Fixed assets | 21/28 | €805,650 | €851,484 | +€45,834 | +5.7% |
| Intangible fixed assets | 21 | €86,940 | €60,668 | -€26,272 | -30.2% |
| Tangible fixed assets | 22/27 | €717,498 | €674,277 | -€43,221 | -6.0% |
| Land and buildings | 22 | €361,779 | €330,633 | -€31,146 | -8.6% |
| Plant, machinery and equipment | 23 | €317,950 | €282,373 | -€35,577 | -11.2% |
| Furniture and vehicles | 24 | €37,769 | €61,271 | +€23,502 | +62.2% |
| Financial fixed assets | 28 | €1,212 | €116,538 | +€115,326 | +9514.4% |
| Current assets | 29/58 | €5,279,192 | €5,442,065 | +€162,873 | +3.1% |
| Stocks and contracts in progress | 3 | €4,112,198 | €3,860,630 | -€251,568 | -6.1% |
| Stocks | 30/36 | €4,112,198 | €3,860,630 | -€251,568 | -6.1% |
| Amounts receivable within one year | 40/41 | €224,890 | €211,232 | -€13,658 | -6.1% |
| Trade receivables | 40 | €224,890 | €211,232 | -€13,658 | -6.1% |
| Current investments | 50/53 | €200,000 | €500,000 | +€300,000 | +150.0% |
| Cash at bank and in hand | 54/58 | €718,968 | €834,178 | +€115,209 | +16.0% |
| Deferred charges and accrued income | 490/1 | €23,136 | €36,025 | +€12,889 | +55.7% |
| Total equity and liabilities | 10/49 | €6,084,842 | €6,293,548 | +€208,706 | +3.4% |
| Equity | 10/15 | €3,384,353 | €3,979,511 | +€595,158 | +17.6% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Capital | 10 | €110,000 | €110,000 | = | 0.0% |
| Issued capital | 100 | €110,000 | €110,000 | = | 0.0% |
| Reserves | 13 | €3,274,353 | €3,869,511 | +€595,158 | +18.2% |
| Non-distributable reserves | 130/1 | €17,366 | €17,366 | = | 0.0% |
| Legal reserve | 130 | €17,366 | €17,366 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,000 | €16,000 | = | 0.0% |
| Distributable reserves | 133 | €3,240,987 | €3,836,145 | +€595,158 | +18.4% |
| Amounts payable | 17/49 | €2,700,489 | €2,314,037 | -€386,452 | -14.3% |
| Amounts payable after more than one year | 17 | €450,000 | €300,000 | -€150,000 | -33.3% |
| Financial debts | 170/4 | €450,000 | €300,000 | -€150,000 | -33.3% |
| Amounts payable within one year | 42/48 | €2,085,532 | €1,850,973 | -€234,559 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €739,878 | €150,000 | -€589,878 | -79.7% |
| Financial debts | 43 | €43,206 | €42,081 | -€1,124 | -2.6% |
| Credit institutions | 430/8 | €43,206 | €42,081 | -€1,124 | -2.6% |
| Trade debts | 44 | - | €444,905 | +€444,905 | |
| Suppliers | 440/4 | - | €444,905 | +€444,905 | |
| Taxes, remuneration and social security | 45 | €442,265 | €455,174 | +€12,909 | +2.9% |
| Taxes | 450/3 | €137,224 | €122,461 | -€14,763 | -10.8% |
| Remuneration and social security | 454/9 | €305,042 | €332,713 | +€27,671 | +9.1% |
| Other amounts payable | 47/48 | €860,182 | €758,812 | -€101,370 | -11.8% |
| Accrued charges and deferred income | 492/3 | €164,958 | €163,065 | -€1,893 | -1.1% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €7,303,195 | +€7.3m | |
| Remuneration, social security and pensions | 62 | €1,916,710 | €1,986,160 | +€69,450 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155,612 | €179,902 | +€24,290 | +15.6% |
| Other operating charges | 640/8 | €9,130 | €10,411 | +€1,281 | +14.0% |
| Gross operating margin | 9900 | €2,253,370 | €2,794,554 | +€541,185 | +24.0% |
| Operating profit (loss) | 9901 | €171,918 | €618,082 | +€446,164 | +259.5% |
| Financial income | 75/76B | €119,919 | €130,287 | +€10,368 | +8.6% |
| Recurring financial income | 75 | €119,852 | €123,485 | +€3,633 | +3.0% |
| Non-recurring financial income | 76B | €66 | €6,802 | +€6,735 | +10138.8% |
| Financial charges | 65/66B | €72,638 | €81,801 | +€9,163 | +12.6% |
| Recurring financial charges | 65 | €72,638 | €81,801 | +€9,163 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €219,199 | €666,568 | +€447,369 | +204.1% |
| Income taxes | 67/77 | €35,416 | €71,409 | +€35,994 | +101.6% |
| Profit (loss) for the period | 9904 | €183,783 | €595,158 | +€411,376 | +223.8% |
| Profit (loss) for the period to be appropriated | 9905 | €183,783 | €595,158 | +€411,376 | +223.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.