ABELEC: 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.
ABELEC
Largest movements
- Receivables within one year -€1,983
down €1,983 (-1.1%), from €182,149 to €180,166
of which Trade receivables: -€6,841
- Advances received -€2,203
no longer reported in 2024 (was €2,203)
- Profit (loss) carried forward -€1,905
down €1,905 (-1.7%), from €113,099 to €111,194
- Gross operating margin -€8,216
down €8,216, from €1,312 to -€6,904
- Write-downs +€3,076
new in 2024: €3,076
- Taxes -€2,639
down €2,639 (-59.3%), from €4,452 to €1,813
- Financial income +€1,657
up €1,657 (+18.2%), from €9,103 to €10,760
- Financial charges -€342
no longer reported in 2024 (was €342)
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 | €187,192 | €184,667 | -€2,525 | -1.3% |
| Fixed assets | 21/28 | €986 | €500 | -€486 | -49.3% |
| Tangible fixed assets | 22/27 | €986 | €500 | -€486 | -49.3% |
| Furniture and vehicles | 24 | €986 | €500 | -€486 | -49.3% |
| Current assets | 29/58 | €186,206 | €184,167 | -€2,039 | -1.1% |
| Amounts receivable within one year | 40/41 | €182,149 | €180,166 | -€1,983 | -1.1% |
| Trade receivables | 40 | €8,084 | €1,243 | -€6,841 | -84.6% |
| Other amounts receivable | 41 | €174,065 | €178,923 | +€4,858 | +2.8% |
| Cash at bank and in hand | 54/58 | €4,057 | €4,001 | -€56 | -1.4% |
| Total equity and liabilities | 10/49 | €187,192 | €184,667 | -€2,525 | -1.3% |
| Equity | 10/15 | €181,947 | €180,050 | -€1,897 | -1.0% |
| Contributions | 10/11 | €18,592 | €18,600 | +€8 | 0.0% |
| Capital | 10 | €18,592 | €18,600 | +€8 | 0.0% |
| Issued capital | 100 | €18,592 | €18,600 | +€8 | 0.0% |
| Reserves | 13 | €50,256 | €50,256 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,890 | €1,890 | = | 0.0% |
| Legal reserve | 130 | €1,890 | €1,890 | = | 0.0% |
| Distributable reserves | 133 | €48,366 | €48,366 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,099 | €111,194 | -€1,905 | -1.7% |
| Amounts payable | 17/49 | €5,245 | €4,617 | -€628 | -12.0% |
| Amounts payable within one year | 42/48 | €5,245 | €4,617 | -€628 | -12.0% |
| Trade debts | 44 | €1,452 | €1,215 | -€237 | -16.3% |
| Suppliers | 440/4 | €1,452 | €1,215 | -€237 | -16.3% |
| Advances received on contracts in progress | 46 | €2,203 | - | -€2,203 | |
| Taxes, remuneration and social security | 45 | €1,590 | €3,402 | +€1,812 | +114.0% |
| Taxes | 450/3 | €1,590 | €3,402 | +€1,812 | +114.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €485 | €485 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,076 | +€3,076 | |
| Other operating charges | 640/8 | €385 | €387 | +€2 | +0.5% |
| Gross operating margin | 9900 | €1,312 | -€6,904 | -€8,216 | |
| Operating profit (loss) | 9901 | €442 | -€10,852 | -€11,294 | |
| Financial income | 75/76B | €9,103 | €10,760 | +€1,657 | +18.2% |
| Recurring financial income | 75 | €9,103 | €10,760 | +€1,657 | +18.2% |
| Financial charges | 65/66B | €342 | - | -€342 | |
| Recurring financial charges | 65 | €342 | - | -€342 | |
| Profit (loss) for the period before taxes | 9903 | €9,203 | -€92 | -€9,295 | |
| Income taxes | 67/77 | €4,452 | €1,813 | -€2,639 | -59.3% |
| Profit (loss) for the period | 9904 | €4,751 | -€1,905 | -€6,656 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,751 | -€1,905 | -€6,656 |
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 5 October 2026 via checked.be.