ABAZOVIC: 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.
ABAZOVIC
Largest movements
- Cash +€17,765
up €17,765 (+31.8%), from €55,933 to €73,698
mainly Net result for the year (+€18,604) and Trade debts (+€8,565)
- Receivables within one year +€6,784
up €6,784 (+6.4%), from €106,443 to €113,227
of which Trade receivables: +€6,463
- Stocks and contracts -€6,741
down €6,741 (-68.8%), from €9,799 to €3,058
- Reserves +€18,604
up €18,604 (+23.0%), from €81,025 to €99,629
of which Distributable reserves: +€18,604
- Trade debts +€8,565
up €8,565 (+17.1%), from €50,087 to €58,651
- Other debts -€4,757
down €4,757 (-30.2%), from €15,768 to €11,011
- Debts after one year -€2,855
down €2,855 (-24.8%), from €11,499 to €8,644
- Tax, wage and social debts -€2,802
down €2,802 (-39.5%), from €7,099 to €4,297
of which Taxes: -€2,284
- Staff costs -€10,780
down €10,780 (-38.9%), from €27,744 to €16,964
- Gross operating margin -€7,996
down €7,996 (-13.9%), from €57,630 to €49,634
- Taxes +€1,545
up €1,545 (+22.0%), from €7,029 to €8,574
- Financial income +€1,121
up €1,121 (+6941.4%), from €16 to €1,137
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 | €187,408 | €204,563 | +€17,155 | +9.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €13,492 | €12,376 | -€1,116 | -8.3% |
| Tangible fixed assets | 22/27 | €13,492 | €12,376 | -€1,116 | -8.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €13,492 | €12,376 | -€1,116 | -8.3% |
| Current assets | 29/58 | €173,916 | €192,186 | +€18,271 | +10.5% |
| Stocks and contracts in progress | 3 | €9,799 | €3,058 | -€6,741 | -68.8% |
| Stocks | 30/36 | €9,799 | €3,058 | -€6,741 | -68.8% |
| Amounts receivable within one year | 40/41 | €106,443 | €113,227 | +€6,784 | +6.4% |
| Trade receivables | 40 | €85,387 | €91,850 | +€6,463 | +7.6% |
| Other amounts receivable | 41 | €21,056 | €21,378 | +€322 | +1.5% |
| Cash at bank and in hand | 54/58 | €55,933 | €73,698 | +€17,765 | +31.8% |
| Deferred charges and accrued income | 490/1 | €1,741 | €2,203 | +€462 | +26.6% |
| Total equity and liabilities | 10/49 | €187,408 | €204,563 | +€17,155 | +9.2% |
| Equity | 10/15 | €99,625 | €118,229 | +€18,604 | +18.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €0 | - | = | |
| Issued capital | 100 | €0 | - | = | |
| Uncalled capital | 101 | €0 | - | = | |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €81,025 | €99,629 | +€18,604 | +23.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €79,165 | €97,769 | +€18,604 | +23.5% |
| Amounts payable | 17/49 | €87,783 | €86,333 | -€1,449 | -1.7% |
| Amounts payable after more than one year | 17 | €11,499 | €8,644 | -€2,855 | -24.8% |
| Financial debts | 170/4 | €11,499 | €8,644 | -€2,855 | -24.8% |
| Amounts payable within one year | 42/48 | €76,284 | €77,689 | +€1,406 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €3,331 | €3,731 | +€400 | +12.0% |
| Trade debts | 44 | €50,087 | €58,651 | +€8,565 | +17.1% |
| Suppliers | 440/4 | €50,087 | €58,651 | +€8,565 | +17.1% |
| Taxes, remuneration and social security | 45 | €7,099 | €4,297 | -€2,802 | -39.5% |
| Taxes | 450/3 | €3,304 | €1,020 | -€2,284 | -69.1% |
| Remuneration and social security | 454/9 | €3,795 | €3,277 | -€517 | -13.6% |
| Other amounts payable | 47/48 | €15,768 | €11,011 | -€4,757 | -30.2% |
| Non-recurring operating income | 76A | €3,000 | - | -€3,000 | |
| Remuneration, social security and pensions | 62 | €27,744 | €16,964 | -€10,780 | -38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,064 | €5,285 | +€222 | +4.4% |
| Other operating charges | 640/8 | €518 | €220 | -€298 | -57.5% |
| Non-recurring operating charges | 66A | €523 | €258 | -€265 | -50.6% |
| Gross operating margin | 9900 | €57,630 | €49,634 | -€7,996 | -13.9% |
| Operating profit (loss) | 9901 | €23,782 | €26,907 | +€3,125 | +13.1% |
| Financial income | 75/76B | €16 | €1,137 | +€1,121 | +6941.4% |
| Recurring financial income | 75 | €16 | €1,137 | +€1,121 | +6941.4% |
| Financial charges | 65/66B | €1,222 | €867 | -€355 | -29.1% |
| Recurring financial charges | 65 | €1,222 | €867 | -€355 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €22,577 | €27,178 | +€4,601 | +20.4% |
| Income taxes | 67/77 | €7,029 | €8,574 | +€1,545 | +22.0% |
| Profit (loss) for the period | 9904 | €15,548 | €18,604 | +€3,056 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,548 | €18,604 | +€3,056 | +19.7% |
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 11 October 2026 via checked.be.