ABDS: 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.
ABDS
Largest movements
- Receivables after one year +€144,502
new in 2024: €144,502
- Receivables within one year -€122,107
down €122,107 (-69.3%), from €176,326 to €54,219
of which Other amounts receivable: -€78,792
- Tangible fixed assets -€42,790
down €42,790 (-19.2%), from €222,656 to €179,866
- Cash -€41,709
down €41,709 (-18.9%), from €221,173 to €179,464
mainly Receivables after one year (-€144,502) and Other debts (-€94,055)
- Formation expenses -€8,541
down €8,541 (-33.3%), from €25,623 to €17,082
- Other debts -€94,055
no longer reported in 2024 (was €94,055)
- Profit (loss) carried forward +€83,872
up €83,872, from -€24,611 to €59,260
- Debts after one year -€56,232
down €56,232 (-56.2%), from €100,000 to €43,768
- Tax, wage and social debts -€44,287
down €44,287 (-24.6%), from €179,865 to €135,578
of which Remuneration and social security: -€45,475
- Trade debts +€41,509
up €41,509 (+15.9%), from €260,355 to €301,864
- Gross operating margin +€37,302
up €37,302 (+3.5%), from €1.1m to €1.1m
- Staff costs -€31,383
down €31,383 (-3.3%), from €955,195 to €923,812
- Taxes +€27,288
new in 2024: €27,288
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 | €673,477 | €604,284 | -€69,193 | -10.3% |
| Formation expenses | 20 | €25,623 | €17,082 | -€8,541 | -33.3% |
| Fixed assets | 21/28 | €223,418 | €180,324 | -€43,094 | -19.3% |
| Intangible fixed assets | 21 | €762 | €458 | -€304 | -39.9% |
| Tangible fixed assets | 22/27 | €222,656 | €179,866 | -€42,790 | -19.2% |
| Plant, machinery and equipment | 23 | €34,577 | €19,309 | -€15,268 | -44.2% |
| Furniture and vehicles | 24 | €13,647 | €7,026 | -€6,621 | -48.5% |
| Other tangible fixed assets | 26 | €174,433 | €153,531 | -€20,901 | -12.0% |
| Current assets | 29/58 | €424,436 | €406,878 | -€17,558 | -4.1% |
| Amounts receivable after more than one year | 29 | - | €144,502 | +€144,502 | |
| Other amounts receivable | 291 | - | €144,502 | +€144,502 | |
| Stocks and contracts in progress | 3 | €26,937 | €23,787 | -€3,150 | -11.7% |
| Stocks | 30/36 | €26,937 | €23,787 | -€3,150 | -11.7% |
| Amounts receivable within one year | 40/41 | €176,326 | €54,219 | -€122,107 | -69.3% |
| Trade receivables | 40 | €63,409 | €20,094 | -€43,315 | -68.3% |
| Other amounts receivable | 41 | €112,917 | €34,125 | -€78,792 | -69.8% |
| Cash at bank and in hand | 54/58 | €221,173 | €179,464 | -€41,709 | -18.9% |
| Deferred charges and accrued income | 490/1 | - | €4,906 | +€4,906 | |
| Total equity and liabilities | 10/49 | €673,477 | €604,284 | -€69,193 | -10.3% |
| Equity | 10/15 | €39,202 | €123,074 | +€83,872 | +213.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Outside capital | 11 | €40,000 | - | -€40,000 | |
| Other | 1109/19 | €40,000 | - | -€40,000 | |
| Profit (loss) carried forward | 14 | -€24,611 | €59,260 | +€83,872 | |
| Investment grants | 15 | €23,814 | €23,814 | = | 0.0% |
| Amounts payable | 17/49 | €634,275 | €481,210 | -€153,065 | -24.1% |
| Amounts payable after more than one year | 17 | €100,000 | €43,768 | -€56,232 | -56.2% |
| Financial debts | 170/4 | €100,000 | €43,768 | -€56,232 | -56.2% |
| Amounts payable within one year | 42/48 | €534,275 | €437,442 | -€96,833 | -18.1% |
| Trade debts | 44 | €260,355 | €301,864 | +€41,509 | +15.9% |
| Suppliers | 440/4 | €260,355 | €301,864 | +€41,509 | +15.9% |
| Taxes, remuneration and social security | 45 | €179,865 | €135,578 | -€44,287 | -24.6% |
| Taxes | 450/3 | €17,168 | €18,357 | +€1,188 | +6.9% |
| Remuneration and social security | 454/9 | €162,697 | €117,221 | -€45,475 | -28.0% |
| Other amounts payable | 47/48 | €94,055 | - | -€94,055 | |
| Remuneration, social security and pensions | 62 | €955,195 | €923,812 | -€31,383 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,679 | €63,186 | +€1,507 | +2.4% |
| Other operating charges | 640/8 | €1,943 | €6,335 | +€4,391 | +226.0% |
| Gross operating margin | 9900 | €1,079,168 | €1,116,470 | +€37,302 | +3.5% |
| Operating profit (loss) | 9901 | €60,351 | €123,138 | +€62,786 | +104.0% |
| Financial charges | 65/66B | €7,800 | €11,978 | +€4,178 | +53.6% |
| Recurring financial charges | 65 | €7,800 | €11,978 | +€4,178 | +53.6% |
| Profit (loss) for the period before taxes | 9903 | €52,551 | €111,160 | +€58,608 | +111.5% |
| Income taxes | 67/77 | - | €27,288 | +€27,288 | |
| Profit (loss) for the period | 9904 | €52,551 | €83,872 | +€31,320 | +59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €52,551 | €83,872 | +€31,320 | +59.6% |
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.