ABDUL AFG: 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.
ABDUL AFG
Largest movements
- Tangible fixed assets +€4,448
up €4,448 (+446.6%), from €996 to €5,444
- Receivables within one year -€851
no longer reported in 2020 (was €851)
- Stocks and contracts -€838
down €838 (-7.8%), from €10,688 to €9,850
- Cash +€674
up €674 (+86.5%), from €779 to €1,453
mainly Net result for the year (+€11,130) and Depreciation (+€2,703)
- Intangible fixed assets -€201
no longer reported in 2020 (was €201)
- Profit (loss) carried forward +€11,130
up €11,130 (+85.7%), from -€12,992 to -€1,862
- Debts within one year -€7,898
down €7,898 (-56.0%), from €14,107 to €6,209
- Gross operating margin +€14,716
up €14,716, from -€854 to €13,862
- Depreciation +€1,505
up €1,505 (+125.6%), from €1,198 to €2,703
From the 2019 result to the 2020 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 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,515 | €16,747 | +€3,232 | +23.9% |
| Fixed assets | 21/28 | €1,197 | €5,444 | +€4,247 | +354.8% |
| Intangible fixed assets | 21 | €201 | - | -€201 | |
| Tangible fixed assets | 22/27 | €996 | €5,444 | +€4,448 | +446.6% |
| Current assets | 29/58 | €12,318 | €11,303 | -€1,015 | -8.2% |
| Stocks and contracts in progress | 3 | €10,688 | €9,850 | -€838 | -7.8% |
| Amounts receivable within one year | 40/41 | €851 | - | -€851 | |
| Cash at bank and in hand | 54/58 | €779 | €1,453 | +€674 | +86.5% |
| Total equity and liabilities | 10/49 | €13,515 | €16,747 | +€3,232 | +23.9% |
| Equity | 10/15 | -€592 | €10,538 | +€11,130 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,992 | -€1,862 | +€11,130 | +85.7% |
| Amounts payable | 17/49 | €14,107 | €6,209 | -€7,898 | -56.0% |
| Amounts payable within one year | 42/48 | €14,107 | €6,209 | -€7,898 | -56.0% |
| Trade debts | 44 | €839 | €3,862 | +€3,023 | +360.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,198 | €2,703 | +€1,505 | +125.6% |
| Gross operating margin | 9900 | -€854 | €13,862 | +€14,716 | |
| Operating profit (loss) | 9901 | -€2,158 | €11,159 | +€13,317 | |
| Recurring financial charges | 65 | €278 | €29 | -€249 | -89.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,436 | €11,130 | +€13,566 | |
| Profit (loss) for the period | 9904 | -€2,436 | €11,130 | +€13,566 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,436 | €11,130 | +€13,566 |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.