ABRAMO CONSTRUCTION: 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.
ABRAMO CONSTRUCTION
Largest movements
- Receivables within one year -€18,718
down €18,718 (-51.3%), from €36,485 to €17,767
of which Trade receivables: -€13,393
- Cash -€4,342
down €4,342 (-19.6%), from €22,130 to €17,788
mainly Trade debts (-€23,483) and Tax, wage and social debts (-€5,588)
- Trade debts -€23,483
down €23,483 (-98.4%), from €23,858 to €375
- Tax, wage and social debts -€5,588
down €5,588 (-48.3%), from €11,575 to €5,987
of which Remuneration and social security: -€5,411
- Profit (loss) carried forward +€5,243
up €5,243 (+18.0%), from €29,069 to €34,312
- Other debts +€1,097
new in 2023: €1,097
- Gross operating margin -€4,200
down €4,200 (-29.4%), from €14,279 to €10,079
- Depreciation -€1,548
no longer reported in 2023 (was €1,548)
- Taxes -€1,453
down €1,453 (-30.4%), from €4,775 to €3,322
- Other operating charges -€692
down €692 (-40.2%), from €1,723 to €1,031
- Financial charges +€283
up €283 (+142%), from €199 to €482
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,502 | €44,771 | -€22,731 | -33.7% |
| Fixed assets | 21/28 | €8,887 | €9,217 | +€330 | +3.7% |
| Tangible fixed assets | 22/27 | €8,887 | €9,217 | +€330 | +3.7% |
| Plant, machinery and equipment | 23 | - | €330 | +€330 | |
| Furniture and vehicles | 24 | €8,887 | €8,887 | = | 0.0% |
| Current assets | 29/58 | €58,615 | €35,554 | -€23,060 | -39.3% |
| Amounts receivable within one year | 40/41 | €36,485 | €17,767 | -€18,718 | -51.3% |
| Trade receivables | 40 | €29,992 | €16,600 | -€13,393 | -44.7% |
| Other amounts receivable | 41 | €6,492 | €1,167 | -€5,326 | -82.0% |
| Cash at bank and in hand | 54/58 | €22,130 | €17,788 | -€4,342 | -19.6% |
| Total equity and liabilities | 10/49 | €67,502 | €44,771 | -€22,731 | -33.7% |
| Equity | 10/15 | €32,069 | €37,312 | +€5,243 | +16.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | - | -€3,000 | |
| Issued capital | 100 | €3,000 | - | -€3,000 | |
| Contributions outside capital | 11 | - | €3,000 | +€3,000 | |
| Other | 1109/19 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €29,069 | €34,312 | +€5,243 | +18.0% |
| Amounts payable | 17/49 | €35,433 | €7,459 | -€27,974 | -78.9% |
| Amounts payable within one year | 42/48 | €35,433 | €7,459 | -€27,974 | -78.9% |
| Trade debts | 44 | €23,858 | €375 | -€23,483 | -98.4% |
| Suppliers | 440/4 | €23,858 | €375 | -€23,483 | -98.4% |
| Taxes, remuneration and social security | 45 | €11,575 | €5,987 | -€5,588 | -48.3% |
| Taxes | 450/3 | €3,775 | €3,598 | -€178 | -4.7% |
| Remuneration and social security | 454/9 | €7,800 | €2,389 | -€5,411 | -69.4% |
| Other amounts payable | 47/48 | - | €1,097 | +€1,097 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,548 | - | -€1,548 | |
| Other operating charges | 640/8 | €1,723 | €1,031 | -€692 | -40.2% |
| Gross operating margin | 9900 | €14,279 | €10,079 | -€4,200 | -29.4% |
| Operating profit (loss) | 9901 | €11,008 | €9,048 | -€1,960 | -17.8% |
| Financial charges | 65/66B | €199 | €482 | +€283 | +142% |
| Recurring financial charges | 65 | €199 | €482 | +€283 | +142% |
| Profit (loss) for the period before taxes | 9903 | €10,809 | €8,566 | -€2,244 | -20.8% |
| Income taxes | 67/77 | €4,775 | €3,322 | -€1,453 | -30.4% |
| Profit (loss) for the period | 9904 | €6,034 | €5,243 | -€791 | -13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,034 | €5,243 | -€791 | -13.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.