ABDUL MELIK: 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 MELIK
Largest movements
- Receivables within one year -€112,096
down €112,096 (-75.6%), from €148,319 to €36,223
of which Trade receivables: -€106,493
- Stocks and contracts +€17,446
up €17,446 (+11.1%), from €156,875 to €174,321
- Advances received -€123,843
down €123,843 (-100%), from €123,843 to €0
- Profit (loss) carried forward +€21,296
up €21,296 (+23.3%), from €91,299 to €112,595
- Other debts +€9,475
up €9,475 (+63.7%), from €14,879 to €24,354
- Trade debts +€4,754
up €4,754 (+6.0%), from €78,658 to €83,412
- Tax, wage and social debts +€4,169
up €4,169 (+15.8%), from €26,416 to €30,585
of which Taxes: +€8,286
- Gross operating margin -€78,313
down €78,313 (-41.0%), from €191,028 to €112,715
- Staff costs -€72,416
down €72,416 (-50.3%), from €143,911 to €71,495
- Depreciation -€3,781
down €3,781 (-42.7%), from €8,862 to €5,081
- Other operating charges -€2,754
down €2,754 (-41.6%), from €6,620 to €3,866
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 | €353,907 | €264,734 | -€89,173 | -25.2% |
| Fixed assets | 21/28 | €10,364 | €13,533 | +€3,169 | +30.6% |
| Tangible fixed assets | 22/27 | €9,764 | €12,933 | +€3,169 | +32.5% |
| Plant, machinery and equipment | 23 | €9,764 | €12,933 | +€3,169 | +32.5% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €343,543 | €251,201 | -€92,342 | -26.9% |
| Stocks and contracts in progress | 3 | €156,875 | €174,321 | +€17,446 | +11.1% |
| Stocks | 30/36 | €156,875 | €174,321 | +€17,446 | +11.1% |
| Amounts receivable within one year | 40/41 | €148,319 | €36,223 | -€112,096 | -75.6% |
| Trade receivables | 40 | €134,299 | €27,807 | -€106,493 | -79.3% |
| Other amounts receivable | 41 | €14,020 | €8,416 | -€5,603 | -40.0% |
| Cash at bank and in hand | 54/58 | €13,106 | €14,937 | +€1,832 | +14.0% |
| Deferred charges and accrued income | 490/1 | €25,243 | €25,720 | +€477 | +1.9% |
| Total equity and liabilities | 10/49 | €353,907 | €264,734 | -€89,173 | -25.2% |
| Equity | 10/15 | €105,086 | €126,382 | +€21,296 | +20.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,587 | €7,587 | = | 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% |
| Distributable reserves | 133 | €5,727 | €5,727 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,299 | €112,595 | +€21,296 | +23.3% |
| Amounts payable | 17/49 | €248,821 | €138,352 | -€110,469 | -44.4% |
| Amounts payable after more than one year | 17 | €2,958 | €0 | -€2,958 | -100% |
| Financial debts | 170/4 | €2,958 | €0 | -€2,958 | -100% |
| Amounts payable within one year | 42/48 | €245,863 | €138,352 | -€107,511 | -43.7% |
| Current portion of amounts payable after more than one year | 42 | €2,067 | €0 | -€2,067 | -100% |
| Trade debts | 44 | €78,658 | €83,412 | +€4,754 | +6.0% |
| Suppliers | 440/4 | €78,658 | €83,412 | +€4,754 | +6.0% |
| Advances received on contracts in progress | 46 | €123,843 | €0 | -€123,843 | -100% |
| Taxes, remuneration and social security | 45 | €26,416 | €30,585 | +€4,169 | +15.8% |
| Taxes | 450/3 | €6,467 | €14,753 | +€8,286 | +128% |
| Remuneration and social security | 454/9 | €19,949 | €15,832 | -€4,117 | -20.6% |
| Other amounts payable | 47/48 | €14,879 | €24,354 | +€9,475 | +63.7% |
| Remuneration, social security and pensions | 62 | €143,911 | €71,495 | -€72,416 | -50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,862 | €5,081 | -€3,781 | -42.7% |
| Other operating charges | 640/8 | €6,620 | €3,866 | -€2,754 | -41.6% |
| Gross operating margin | 9900 | €191,028 | €112,715 | -€78,313 | -41.0% |
| Operating profit (loss) | 9901 | €31,635 | €32,273 | +€637 | +2.0% |
| Financial income | 75/76B | €283 | €0 | -€283 | -100% |
| Recurring financial income | 75 | €283 | €0 | -€283 | -100% |
| Financial charges | 65/66B | €4,168 | €4,803 | +€635 | +15.2% |
| Recurring financial charges | 65 | €4,168 | €4,803 | +€635 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €27,750 | €27,470 | -€281 | -1.0% |
| Income taxes | 67/77 | €6,054 | €6,174 | +€120 | +2.0% |
| Profit (loss) for the period | 9904 | €21,696 | €21,296 | -€400 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,696 | €21,296 | -€400 | -1.8% |
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 19 October 2026 via checked.be.