ABP PROJECTS: 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.
ABP PROJECTS
Largest movements
- Tangible fixed assets +€58,546
up €58,546 (+37.8%), from €154,892 to €213,438
of which Furniture and vehicles: +€60,542
- Receivables within one year -€38,310
down €38,310 (-24.6%), from €155,954 to €117,644
of which Other amounts receivable: -€41,538
- Cash -€3,599
down €3,599 (-100.0%), from €3,600 to €1
mainly Investment in fixed assets (net) (-€71,454) and Debts after one year (-€9,997)
- Trade debts +€14,353
up €14,353 (+10.2%), from €141,325 to €155,678
- Debts after one year -€9,997
down €9,997 (-8.2%), from €122,125 to €112,128
- Other debts +€6,864
new in 2024: €6,864
- Profit (loss) carried forward +€5,053
up €5,053 (+21.6%), from €23,400 to €28,452
- Gross operating margin -€23,482
down €23,482 (-47.8%), from €49,154 to €25,672
- Taxes -€7,750
down €7,750 (-86.1%), from €9,000 to €1,250
- Depreciation +€5,072
up €5,072 (+64.7%), from €7,836 to €12,909
- Other operating charges -€3,623
down €3,623 (-62.7%), from €5,774 to €2,151
- Financial charges +€2,676
up €2,676 (+289%), from €926 to €3,602
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 | €314,447 | €331,084 | +€16,637 | +5.3% |
| Fixed assets | 21/28 | €154,892 | €213,438 | +€58,546 | +37.8% |
| Tangible fixed assets | 22/27 | €154,892 | €213,438 | +€58,546 | +37.8% |
| Land and buildings | 22 | €151,146 | €146,732 | -€4,414 | -2.9% |
| Plant, machinery and equipment | 23 | €2,995 | €5,412 | +€2,417 | +80.7% |
| Furniture and vehicles | 24 | €751 | €61,293 | +€60,542 | +8,058% |
| Current assets | 29/58 | €159,554 | €117,646 | -€41,909 | -26.3% |
| Amounts receivable within one year | 40/41 | €155,954 | €117,644 | -€38,310 | -24.6% |
| Trade receivables | 40 | €102,472 | €105,700 | +€3,228 | +3.1% |
| Other amounts receivable | 41 | €53,482 | €11,944 | -€41,538 | -77.7% |
| Cash at bank and in hand | 54/58 | €3,600 | €1 | -€3,599 | -100.0% |
| Total equity and liabilities | 10/49 | €314,447 | €331,084 | +€16,637 | +5.3% |
| Equity | 10/15 | €37,040 | €42,092 | +€5,053 | +13.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,240 | €1,240 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,240 | - | -€1,240 | |
| Reserves not available under the articles | 1311 | €1,240 | - | -€1,240 | |
| Distributable reserves | 133 | - | €1,240 | +€1,240 | |
| Profit (loss) carried forward | 14 | €23,400 | €28,452 | +€5,053 | +21.6% |
| Amounts payable | 17/49 | €277,407 | €288,991 | +€11,585 | +4.2% |
| Amounts payable after more than one year | 17 | €122,125 | €112,128 | -€9,997 | -8.2% |
| Financial debts | 170/4 | €122,125 | €112,128 | -€9,997 | -8.2% |
| Amounts payable within one year | 42/48 | €155,282 | €176,864 | +€21,582 | +13.9% |
| Trade debts | 44 | €141,325 | €155,678 | +€14,353 | +10.2% |
| Suppliers | 440/4 | €141,325 | €155,678 | +€14,353 | +10.2% |
| Taxes, remuneration and social security | 45 | €13,957 | €14,321 | +€364 | +2.6% |
| Taxes | 450/3 | €13,957 | €14,321 | +€364 | +2.6% |
| Other amounts payable | 47/48 | - | €6,864 | +€6,864 | |
| Non-recurring operating income | 76A | - | €53,761 | +€53,761 | |
| Remuneration, social security and pensions | 62 | €1,291 | €708 | -€583 | -45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,836 | €12,909 | +€5,072 | +64.7% |
| Other operating charges | 640/8 | €5,774 | €2,151 | -€3,623 | -62.7% |
| Gross operating margin | 9900 | €49,154 | €25,672 | -€23,482 | -47.8% |
| Operating profit (loss) | 9901 | €34,253 | €9,905 | -€24,348 | -71.1% |
| Financial charges | 65/66B | €926 | €3,602 | +€2,676 | +289% |
| Recurring financial charges | 65 | €926 | €3,602 | +€2,676 | +289% |
| Profit (loss) for the period before taxes | 9903 | €33,327 | €6,303 | -€27,024 | -81.1% |
| Income taxes | 67/77 | €9,000 | €1,250 | -€7,750 | -86.1% |
| Profit (loss) for the period | 9904 | €24,327 | €5,053 | -€19,274 | -79.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,327 | €5,053 | -€19,274 | -79.2% |
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 18 October 2026 via checked.be.