ABOU BAKR: 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.
ABOU BAKR
Largest movements
- Stocks and contracts -€17,905
down €17,905 (-15.2%), from €117,801 to €99,895
- Tangible fixed assets -€8,596
down €8,596 (-53.3%), from €16,136 to €7,540
- Cash -€3,778
down €3,778 (-82.1%), from €4,601 to €823
- Profit (loss) carried forward -€80,612
down €80,612 (-22.6%), from -€356,391 to -€437,003
- Debts within one year +€50,332
up €50,332 (+10.6%), from €476,329 to €526,661
of which Other debts: +€518,957
- Gross operating margin +€8,596
up €8,596 (+41.7%), from -€20,636 to -€12,041
- Depreciation -€7,489
down €7,489 (-68.7%), from €10,908 to €3,419
From the 2020 result to the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,538 | €108,258 | -€30,280 | -21.9% |
| Fixed assets | 21/28 | €16,136 | €7,540 | -€8,596 | -53.3% |
| Tangible fixed assets | 22/27 | €16,136 | €7,540 | -€8,596 | -53.3% |
| Plant, machinery and equipment | 23 | - | €871 | +€871 | |
| Other tangible fixed assets | 26 | - | €6,669 | +€6,669 | |
| Current assets | 29/58 | €122,402 | €100,718 | -€21,684 | -17.7% |
| Stocks and contracts in progress | 3 | €117,801 | €99,895 | -€17,905 | -15.2% |
| Stocks | 30/36 | - | €99,895 | +€99,895 | |
| Cash at bank and in hand | 54/58 | €4,601 | €823 | -€3,778 | -82.1% |
| Total equity and liabilities | 10/49 | €138,538 | €108,258 | -€30,280 | -21.9% |
| Equity | 10/15 | -€337,791 | -€418,403 | -€80,612 | -23.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€356,391 | -€437,003 | -€80,612 | -22.6% |
| Amounts payable | 17/49 | €476,329 | €526,661 | +€50,332 | +10.6% |
| Amounts payable within one year | 42/48 | €476,329 | €526,661 | +€50,332 | +10.6% |
| Trade debts | 44 | €6,244 | €3,289 | -€2,954 | -47.3% |
| Suppliers | 440/4 | - | €3,289 | +€3,289 | |
| Taxes, remuneration and social security | 45 | - | €4,414 | +€4,414 | |
| Taxes | 450/3 | - | €4,414 | +€4,414 | |
| Other amounts payable | 47/48 | - | €518,957 | +€518,957 | |
| Non-recurring operating income | 76A | - | €3,566 | +€3,566 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,908 | €3,419 | -€7,489 | -68.7% |
| Gross operating margin | 9900 | -€20,636 | -€12,041 | +€8,596 | +41.7% |
| Operating profit (loss) | 9901 | -€64,851 | -€15,460 | +€49,391 | +76.2% |
| Financial charges | 65/66B | - | €0 | +€0 | |
| Recurring financial charges | 65 | €72 | €0 | -€71 | -99.7% |
| Profit (loss) for the period before taxes | 9903 | -€64,923 | -€15,460 | +€49,463 | +76.2% |
| Profit (loss) for the period | 9904 | -€64,923 | -€15,460 | +€49,463 | +76.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,923 | -€15,460 | +€49,463 | +76.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.