ABO AUTOMOBILE: 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.
ABO AUTOMOBILE
Largest movements
- Receivables within one year +€132,662
up €132,662 (+26.1%), from €507,891 to €640,553
of which Other amounts receivable: +€133,046
- Tangible fixed assets -€25,870
down €25,870 (-48.4%), from €53,462 to €27,592
of which Furniture and vehicles: -€26,731
- Cash +€18,915
up €18,915 (+991%), from €1,908 to €20,824
mainly Other debts (+€276,214) and Depreciation (+€27,161)
- Stocks and contracts -€10,758
down €10,758 (-3.2%), from €338,848 to €328,090
- Other debts +€276,214
up €276,214 (+53.7%), from €514,284 to €790,498
- Trade debts -€154,734
down €154,734 (-93.6%), from €165,252 to €10,518
- Current portion of long-term debt -€19,591
down €19,591 (-31.5%), from €62,284 to €42,693
- Gross operating margin -€56,982
down €56,982 (-38.9%), from €146,407 to €89,425
- Taxes -€6,074
down €6,074 (-43.7%), from €13,913 to €7,838
- Financial charges -€2,836
down €2,836 (-90.2%), from €3,145 to €309
- Staff costs +€1,874
up €1,874 (+5.4%), from €34,993 to €36,867
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 | €902,308 | €1,017,258 | +€114,950 | +12.7% |
| Fixed assets | 21/28 | €53,662 | €27,792 | -€25,870 | -48.2% |
| Tangible fixed assets | 22/27 | €53,462 | €27,592 | -€25,870 | -48.4% |
| Plant, machinery and equipment | 23 | - | €861 | +€861 | |
| Furniture and vehicles | 24 | €53,462 | €26,731 | -€26,731 | -50.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €848,647 | €989,466 | +€140,819 | +16.6% |
| Stocks and contracts in progress | 3 | €338,848 | €328,090 | -€10,758 | -3.2% |
| Stocks | 30/36 | €338,848 | €328,090 | -€10,758 | -3.2% |
| Amounts receivable within one year | 40/41 | €507,891 | €640,553 | +€132,662 | +26.1% |
| Trade receivables | 40 | €384 | - | -€384 | |
| Other amounts receivable | 41 | €507,507 | €640,553 | +€133,046 | +26.2% |
| Cash at bank and in hand | 54/58 | €1,908 | €20,824 | +€18,915 | +991% |
| Total equity and liabilities | 10/49 | €902,308 | €1,017,258 | +€114,950 | +12.7% |
| Equity | 10/15 | €110,464 | €117,295 | +€6,831 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €383 | €383 | = | 0.0% |
| Non-distributable reserves | 130/1 | €383 | €383 | = | 0.0% |
| Reserves not available under the articles | 1311 | €383 | €383 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,481 | €98,312 | +€6,831 | +7.5% |
| Amounts payable | 17/49 | €791,844 | €899,964 | +€108,119 | +13.7% |
| Amounts payable within one year | 42/48 | €791,844 | €899,964 | +€108,119 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €62,284 | €42,693 | -€19,591 | -31.5% |
| Trade debts | 44 | €165,252 | €10,518 | -€154,734 | -93.6% |
| Suppliers | 440/4 | €165,252 | €10,518 | -€154,734 | -93.6% |
| Taxes, remuneration and social security | 45 | €50,024 | €56,255 | +€6,230 | +12.5% |
| Taxes | 450/3 | €21,497 | €35,455 | +€13,957 | +64.9% |
| Remuneration and social security | 454/9 | €28,527 | €20,800 | -€7,727 | -27.1% |
| Other amounts payable | 47/48 | €514,284 | €790,498 | +€276,214 | +53.7% |
| Remuneration, social security and pensions | 62 | €34,993 | €36,867 | +€1,874 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,111 | €27,161 | +€50 | +0.2% |
| Other operating charges | 640/8 | €921 | €418 | -€503 | -54.6% |
| Gross operating margin | 9900 | €146,407 | €89,425 | -€56,982 | -38.9% |
| Operating profit (loss) | 9901 | €83,382 | €24,978 | -€58,404 | -70.0% |
| Financial charges | 65/66B | €3,145 | €309 | -€2,836 | -90.2% |
| Recurring financial charges | 65 | €3,145 | €309 | -€2,836 | -90.2% |
| Profit (loss) for the period before taxes | 9903 | €80,237 | €24,669 | -€55,568 | -69.3% |
| Income taxes | 67/77 | €13,913 | €7,838 | -€6,074 | -43.7% |
| Profit (loss) for the period | 9904 | €66,325 | €16,831 | -€49,494 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €66,325 | €16,831 | -€49,494 | -74.6% |
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 26 October 2026 via checked.be.