ABB GROUP: 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.
ABB GROUP
Largest movements
- Receivables within one year +€165,111
up €165,111 (+25.9%), from €636,865 to €801,976
of which Trade receivables: +€164,164
- Cash -€83,261
down €83,261 (-62.9%), from €132,469 to €49,208
mainly Receivables within one year (-€165,111) and Investment in fixed assets (net) (-€85,159)
- Tangible fixed assets +€20,944
up €20,944 (+14.8%), from €141,083 to €162,026
of which Plant, machinery and equipment: +€32,663
- Profit (loss) carried forward +€124,218
up €124,218 (+25.6%), from €484,737 to €608,954
- Tax, wage and social debts -€21,245
down €21,245 (-27.6%), from €76,922 to €55,678
of which Remuneration and social security: -€34,176
- Staff costs -€60,376
down €60,376 (-69.3%), from €87,106 to €26,730
- Other operating charges +€24,371
up €24,371 (+16.8%), from €144,928 to €169,299
- Taxes +€15,397
up €15,397 (+59.9%), from €25,684 to €41,081
- Gross operating margin +€13,381
up €13,381 (+3.2%), from €420,698 to €434,080
- Financial charges -€5,675
down €5,675 (-94.4%), from €6,009 to €334
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 | €1,064,495 | €1,151,863 | +€87,368 | +8.2% |
| Fixed assets | 21/28 | €285,518 | €297,261 | +€11,744 | +4.1% |
| Intangible fixed assets | 21 | €78,685 | €67,685 | -€11,000 | -14.0% |
| Tangible fixed assets | 22/27 | €141,083 | €162,026 | +€20,944 | +14.8% |
| Plant, machinery and equipment | 23 | €17,010 | €49,673 | +€32,663 | +192.0% |
| Furniture and vehicles | 24 | €437 | €31 | -€406 | -92.9% |
| Other tangible fixed assets | 26 | €123,635 | €112,322 | -€11,313 | -9.2% |
| Financial fixed assets | 28 | €65,750 | €67,550 | +€1,800 | +2.7% |
| Current assets | 29/58 | €778,977 | €854,602 | +€75,624 | +9.7% |
| Amounts receivable within one year | 40/41 | €636,865 | €801,976 | +€165,111 | +25.9% |
| Trade receivables | 40 | €492,556 | €656,720 | +€164,164 | +33.3% |
| Other amounts receivable | 41 | €144,309 | €145,256 | +€947 | +0.7% |
| Cash at bank and in hand | 54/58 | €132,469 | €49,208 | -€83,261 | -62.9% |
| Deferred charges and accrued income | 490/1 | €9,644 | €3,418 | -€6,226 | -64.6% |
| Total equity and liabilities | 10/49 | €1,064,495 | €1,151,863 | +€87,368 | +8.2% |
| Equity | 10/15 | €505,197 | €629,414 | +€124,218 | +24.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €484,737 | €608,954 | +€124,218 | +25.6% |
| Amounts payable | 17/49 | €559,299 | €522,449 | -€36,850 | -6.6% |
| Amounts payable after more than one year | 17 | €2,990 | €2,990 | = | 0.0% |
| Other amounts payable | 178/9 | €2,990 | €2,990 | = | 0.0% |
| Amounts payable within one year | 42/48 | €556,309 | €519,459 | -€36,850 | -6.6% |
| Trade debts | 44 | €459,291 | €455,006 | -€4,285 | -0.9% |
| Suppliers | 440/4 | €459,291 | €455,006 | -€4,285 | -0.9% |
| Taxes, remuneration and social security | 45 | €76,922 | €55,678 | -€21,245 | -27.6% |
| Taxes | 450/3 | €34,132 | €47,063 | +€12,931 | +37.9% |
| Remuneration and social security | 454/9 | €42,790 | €8,615 | -€34,176 | -79.9% |
| Other amounts payable | 47/48 | €20,095 | €8,775 | -€11,321 | -56.3% |
| Remuneration, social security and pensions | 62 | €87,106 | €26,730 | -€60,376 | -69.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,249 | €73,416 | -€1,833 | -2.4% |
| Other operating charges | 640/8 | €144,928 | €169,299 | +€24,371 | +16.8% |
| Gross operating margin | 9900 | €420,698 | €434,080 | +€13,381 | +3.2% |
| Operating profit (loss) | 9901 | €113,417 | €164,635 | +€51,219 | +45.2% |
| Financial income | 75/76B | €1,022 | €997 | -€25 | -2.5% |
| Recurring financial income | 75 | €1,022 | €997 | -€25 | -2.5% |
| Financial charges | 65/66B | €6,009 | €334 | -€5,675 | -94.4% |
| Recurring financial charges | 65 | €6,009 | €334 | -€5,675 | -94.4% |
| Profit (loss) for the period before taxes | 9903 | €108,430 | €165,299 | +€56,869 | +52.4% |
| Income taxes | 67/77 | €25,684 | €41,081 | +€15,397 | +59.9% |
| Profit (loss) for the period | 9904 | €82,746 | €124,218 | +€41,472 | +50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €82,746 | €124,218 | +€41,472 | +50.1% |
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.