ABL Construct: 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.
ABL Construct
Largest movements
- Tangible fixed assets +€31,752
up €31,752 (+469.3%), from €6,766 to €38,518
of which Plant, machinery and equipment: +€23,318
- Cash -€18,989
down €18,989 (-96.3%), from €19,716 to €727
mainly Investment in fixed assets (net) (-€42,324) and Trade debts (-€11,600)
- Receivables within one year -€11,086
down €11,086 (-16.0%), from €69,405 to €58,319
of which Other amounts receivable: -€21,337
- Deferred charges and accrued income +€5,391
new in 2024: €5,391
- Reserves +€69,455
new in 2024: €69,455
- Profit (loss) carried forward -€55,659
no longer reported in 2024 (was €55,659)
- Trade debts -€11,600
down €11,600 (-93.7%), from €12,385 to €784
- Tax, wage and social debts +€7,138
up €7,138 (+50.2%), from €14,207 to €21,344
- Debts after one year -€2,405
down €2,405 (-28.7%), from €8,371 to €5,965
- Gross operating margin -€32,481
down €32,481 (-45.2%), from €71,871 to €39,389
- Taxes -€10,182
down €10,182 (-71.7%), from €14,207 to €4,024
- Depreciation +€8,916
up €8,916 (+538.2%), from €1,657 to €10,572
- Staff costs +€5,963
up €5,963 (+1457.4%), from €409 to €6,372
- Financial charges +€2,107
up €2,107 (+292.8%), from €719 to €2,826
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 | €95,887 | €102,955 | +€7,068 | +7.4% |
| Fixed assets | 21/28 | €6,766 | €38,518 | +€31,752 | +469.3% |
| Tangible fixed assets | 22/27 | €6,766 | €38,518 | +€31,752 | +469.3% |
| Plant, machinery and equipment | 23 | €392 | €23,710 | +€23,318 | +5951.8% |
| Furniture and vehicles | 24 | €6,374 | €14,808 | +€8,434 | +132.3% |
| Current assets | 29/58 | €89,121 | €64,437 | -€24,685 | -27.7% |
| Amounts receivable within one year | 40/41 | €69,405 | €58,319 | -€11,086 | -16.0% |
| Trade receivables | 40 | €33,373 | €43,624 | +€10,250 | +30.7% |
| Other amounts receivable | 41 | €36,032 | €14,695 | -€21,337 | -59.2% |
| Cash at bank and in hand | 54/58 | €19,716 | €727 | -€18,989 | -96.3% |
| Deferred charges and accrued income | 490/1 | - | €5,391 | +€5,391 | |
| Total equity and liabilities | 10/49 | €95,887 | €102,955 | +€7,068 | +7.4% |
| Equity | 10/15 | €58,659 | €72,455 | +€13,796 | +23.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €69,455 | +€69,455 | |
| Distributable reserves | 133 | - | €69,455 | +€69,455 | |
| Profit (loss) carried forward | 14 | €55,659 | - | -€55,659 | |
| Amounts payable | 17/49 | €37,228 | €30,499 | -€6,729 | -18.1% |
| Amounts payable after more than one year | 17 | €8,371 | €5,965 | -€2,405 | -28.7% |
| Financial debts | 170/4 | €8,371 | €5,965 | -€2,405 | -28.7% |
| Amounts payable within one year | 42/48 | €28,857 | €24,534 | -€4,324 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €2,266 | €2,405 | +€139 | +6.1% |
| Trade debts | 44 | €12,385 | €784 | -€11,600 | -93.7% |
| Suppliers | 440/4 | €12,385 | €784 | -€11,600 | -93.7% |
| Taxes, remuneration and social security | 45 | €14,207 | €21,344 | +€7,138 | +50.2% |
| Taxes | 450/3 | €14,207 | €21,344 | +€7,138 | +50.2% |
| Non-recurring operating income | 76A | - | €965 | +€965 | |
| Remuneration, social security and pensions | 62 | €409 | €6,372 | +€5,963 | +1457.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,657 | €10,572 | +€8,916 | +538.2% |
| Other operating charges | 640/8 | €23 | €1,800 | +€1,777 | +7883.9% |
| Gross operating margin | 9900 | €71,871 | €39,389 | -€32,481 | -45.2% |
| Operating profit (loss) | 9901 | €69,782 | €20,646 | -€49,137 | -70.4% |
| Financial income | 75/76B | €803 | €1 | -€801 | -99.8% |
| Recurring financial income | 75 | €803 | €1 | -€801 | -99.8% |
| Financial charges | 65/66B | €719 | €2,826 | +€2,107 | +292.8% |
| Recurring financial charges | 65 | €719 | €2,826 | +€2,107 | +292.8% |
| Profit (loss) for the period before taxes | 9903 | €69,866 | €17,821 | -€52,045 | -74.5% |
| Income taxes | 67/77 | €14,207 | €4,024 | -€10,182 | -71.7% |
| Profit (loss) for the period | 9904 | €55,659 | €13,796 | -€41,863 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €55,659 | €13,796 | -€41,863 | -75.2% |
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 11 October 2026 via checked.be.