ABBOT&COSTELLO: 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.
ABBOT&COSTELLO
Largest movements
- Receivables within one year -€21,215
down €21,215 (-17.4%), from €121,995 to €100,779
of which Other amounts receivable: -€20,713
- Tangible fixed assets -€13,343
down €13,343 (-44.5%), from €29,956 to €16,613
of which Plant, machinery and equipment: -€11,643
- Cash -€6,261
down €6,261 (-91.4%), from €6,850 to €589
mainly Net result for the year (-€35,354) and Tax, wage and social debts (-€3,235)
- Profit (loss) carried forward -€35,354
new in 2024: -€35,354
- Tax, wage and social debts -€3,235
down €3,235 (-84.6%), from €3,823 to €589
of which Taxes: -€2,991
- Current portion of long-term debt -€3,142
down €3,142 (-74.6%), from €4,210 to €1,069
- Trade debts +€1,998
up €1,998 (+12.7%), from €15,669 to €17,667
- Gross operating margin -€60,592
down €60,592 (-90.1%), from €67,239 to €6,648
- Staff costs -€9,029
down €9,029 (-25.9%), from €34,854 to €25,825
- Other operating charges -€8,269
down €8,269 (-81.7%), from €10,116 to €1,848
- Taxes -€3,052
no longer reported in 2024 (was €3,052)
- Depreciation -€3,039
down €3,039 (-18.6%), from €16,382 to €13,343
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.
Derived cash bridge
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 | €160,540 | €119,739 | -€40,802 | -25.4% |
| Fixed assets | 21/28 | €29,956 | €16,613 | -€13,343 | -44.5% |
| Tangible fixed assets | 22/27 | €29,956 | €16,613 | -€13,343 | -44.5% |
| Plant, machinery and equipment | 23 | €25,020 | €13,378 | -€11,643 | -46.5% |
| Furniture and vehicles | 24 | €4,936 | €3,236 | -€1,700 | -34.4% |
| Current assets | 29/58 | €130,584 | €103,125 | -€27,459 | -21.0% |
| Amounts receivable after more than one year | 29 | €1,627 | €1,627 | = | 0.0% |
| Other amounts receivable | 291 | €1,627 | €1,627 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €121,995 | €100,779 | -€21,215 | -17.4% |
| Trade receivables | 40 | €503 | - | -€503 | |
| Other amounts receivable | 41 | €121,492 | €100,779 | -€20,713 | -17.0% |
| Cash at bank and in hand | 54/58 | €6,850 | €589 | -€6,261 | -91.4% |
| Deferred charges and accrued income | 490/1 | €112 | €130 | +€18 | +15.8% |
| Total equity and liabilities | 10/49 | €160,540 | €119,739 | -€40,802 | -25.4% |
| Equity | 10/15 | €115,769 | €80,414 | -€35,354 | -30.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €97,219 | €97,219 | = | 0.0% |
| Distributable reserves | 133 | €97,219 | €97,219 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€35,354 | -€35,354 | |
| Amounts payable | 17/49 | €44,772 | €39,324 | -€5,447 | -12.2% |
| Amounts payable after more than one year | 17 | €1,069 | - | -€1,069 | |
| Financial debts | 170/4 | €1,069 | - | -€1,069 | |
| Amounts payable within one year | 42/48 | €43,703 | €39,324 | -€4,379 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €4,210 | €1,069 | -€3,142 | -74.6% |
| Trade debts | 44 | €15,669 | €17,667 | +€1,998 | +12.7% |
| Suppliers | 440/4 | €15,669 | €17,667 | +€1,998 | +12.7% |
| Taxes, remuneration and social security | 45 | €3,823 | €589 | -€3,235 | -84.6% |
| Taxes | 450/3 | €2,991 | - | -€2,991 | |
| Remuneration and social security | 454/9 | €832 | €589 | -€244 | -29.3% |
| Other amounts payable | 47/48 | €20,000 | €20,000 | = | 0.0% |
| Non-recurring operating income | 76A | €1,333 | - | -€1,333 | |
| Remuneration, social security and pensions | 62 | €34,854 | €25,825 | -€9,029 | -25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,382 | €13,343 | -€3,039 | -18.6% |
| Other operating charges | 640/8 | €10,116 | €1,848 | -€8,269 | -81.7% |
| Non-recurring operating charges | 66A | - | €1,209 | +€1,209 | |
| Gross operating margin | 9900 | €67,239 | €6,648 | -€60,592 | -90.1% |
| Operating profit (loss) | 9901 | €5,887 | -€35,577 | -€41,464 | |
| Financial income | 75/76B | €338 | €636 | +€298 | +88.0% |
| Recurring financial income | 75 | €338 | €636 | +€298 | +88.0% |
| Financial charges | 65/66B | €643 | €413 | -€229 | -35.7% |
| Recurring financial charges | 65 | €643 | €413 | -€229 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €5,582 | -€35,354 | -€40,937 | |
| Income taxes | 67/77 | €3,052 | - | -€3,052 | |
| Profit (loss) for the period | 9904 | €2,531 | -€35,354 | -€37,885 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,531 | -€35,354 | -€37,885 |
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 18 October 2026 via checked.be.