ABL GROUP: 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 GROUP
Largest movements
- Receivables within one year +€155,990
up €155,990 (+143%), from €108,951 to €264,941
of which Trade receivables: +€97,578
- Financial fixed assets +€20,180
up €20,180 (+75.0%), from €26,925 to €47,105
- Cash -€10,357
down €10,357 (-60.5%), from €17,114 to €6,758
mainly Receivables within one year (-€155,990) and Investment in fixed assets (net) (-€20,180)
- Tangible fixed assets -€8,150
down €8,150 (-90.8%), from €8,981 to €831
- Profit (loss) carried forward +€77,662
up €77,662 (+103%), from €75,363 to €153,025
- Tax, wage and social debts +€40,892
up €40,892 (+61.8%), from €66,154 to €107,046
- Trade debts +€22,110
up €22,110 (+143%), from €15,454 to €37,564
- Other debts +€17,000
new in 2024: €17,000
- Turnover +€109,020
up €109,020 (+11.0%), from €987,967 to €1.1m
- Gross operating margin +€80,910
up €80,910 (+38.3%), from €211,221 to €292,132
- Staff costs +€20,026
up €20,026 (+14.5%), from €138,032 to €158,058
- Purchases and services +€18,891
up €18,891 (+2.4%), from €785,965 to €804,856
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 | €161,971 | €319,635 | +€157,664 | +97.3% |
| Fixed assets | 21/28 | €35,906 | €47,936 | +€12,030 | +33.5% |
| Tangible fixed assets | 22/27 | €8,981 | €831 | -€8,150 | -90.8% |
| Furniture and vehicles | 24 | €8,981 | €831 | -€8,150 | -90.8% |
| Financial fixed assets | 28 | €26,925 | €47,105 | +€20,180 | +75.0% |
| Current assets | 29/58 | €126,066 | €271,699 | +€145,633 | +116% |
| Amounts receivable within one year | 40/41 | €108,951 | €264,941 | +€155,990 | +143% |
| Trade receivables | 40 | €73,964 | €171,542 | +€97,578 | +132% |
| Other amounts receivable | 41 | €34,987 | €93,399 | +€58,412 | +167% |
| Cash at bank and in hand | 54/58 | €17,114 | €6,758 | -€10,357 | -60.5% |
| Total equity and liabilities | 10/49 | €161,971 | €319,635 | +€157,664 | +97.3% |
| Equity | 10/15 | €80,363 | €158,025 | +€77,662 | +96.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,363 | €153,025 | +€77,662 | +103% |
| Amounts payable | 17/49 | €81,608 | €161,610 | +€80,001 | +98.0% |
| Amounts payable within one year | 42/48 | €81,608 | €161,610 | +€80,001 | +98.0% |
| Trade debts | 44 | €15,454 | €37,564 | +€22,110 | +143% |
| Suppliers | 440/4 | €15,454 | €37,564 | +€22,110 | +143% |
| Taxes, remuneration and social security | 45 | €66,154 | €107,046 | +€40,892 | +61.8% |
| Taxes | 450/3 | €66,154 | €107,046 | +€40,892 | +61.8% |
| Other amounts payable | 47/48 | - | €17,000 | +€17,000 | |
| Turnover | 70 | €987,967 | €1,096,987 | +€109,020 | +11.0% |
| Non-recurring operating income | 76A | €9,219 | - | -€9,219 | |
| Goods, raw materials, services and sundry goods | 60/61 | €785,965 | €804,856 | +€18,891 | +2.4% |
| Remuneration, social security and pensions | 62 | €138,032 | €158,058 | +€20,026 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,150 | €8,150 | -€0 | 0.0% |
| Other operating charges | 640/8 | €13,251 | €6,523 | -€6,728 | -50.8% |
| Gross operating margin | 9900 | €211,221 | €292,132 | +€80,910 | +38.3% |
| Operating profit (loss) | 9901 | €51,788 | €119,401 | +€67,613 | +131% |
| Financial income | 75/76B | - | €258 | +€258 | |
| Recurring financial income | 75 | - | €258 | +€258 | |
| Financial charges | 65/66B | €344 | €1,063 | +€719 | +209% |
| Recurring financial charges | 65 | €344 | €1,063 | +€719 | +209% |
| Profit (loss) for the period before taxes | 9903 | €51,445 | €118,596 | +€67,151 | +131% |
| Income taxes | 67/77 | €14,383 | €23,934 | +€9,551 | +66.4% |
| Profit (loss) for the period | 9904 | €37,061 | €94,662 | +€57,601 | +155% |
| Profit (loss) for the period to be appropriated | 9905 | €37,061 | €94,662 | +€57,601 | +155% |
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 22 October 2026 via checked.be.