ABSOLU: 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.
ABSOLU
Largest movements
- Receivables within one year +€21,242
up €21,242 (+40.5%), from €52,428 to €73,670
- Tangible fixed assets +€18,201
up €18,201 (+4,572%), from €398 to €18,600
of which Furniture and vehicles: +€15,947
- Cash +€10,644
up €10,644 (+218%), from €4,880 to €15,524
mainly Debts after one year (+€20,230) and Net result for the year (+€10,459)
- Stocks and contracts -€2,150
down €2,150 (-37.6%), from €5,721 to €3,570
- Debts after one year +€20,230
new in 2024: €20,230
- Reserves +€10,459
up €10,459 (+11.4%), from €91,452 to €101,911
of which Distributable reserves: +€12,172
- Tax, wage and social debts +€10,196
up €10,196 (+33.0%), from €30,940 to €41,137
of which Remuneration and social security: +€5,421
- Current portion of long-term debt +€6,923
new in 2024: €6,923
- Accrued charges and deferred income +€2,027
up €2,027 (+527%), from €384 to €2,412
- Staff costs +€21,336
up €21,336 (+21.6%), from €98,719 to €120,055
- Gross operating margin +€8,363
up €8,363 (+6.5%), from €129,442 to €137,805
- Taxes -€2,992
down €2,992 (-37.1%), from €8,073 to €5,081
- Financial charges +€1,687
up €1,687 (+211%), from €801 to €2,487
- Financial income +€1,648
up €1,648 (+39.0%), from €4,222 to €5,870
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 | €139,124 | €187,033 | +€47,908 | +34.4% |
| Fixed assets | 21/28 | €452 | €18,600 | +€18,148 | +4,016% |
| Intangible fixed assets | 21 | €54 | - | -€54 | |
| Tangible fixed assets | 22/27 | €398 | €18,600 | +€18,201 | +4,572% |
| Plant, machinery and equipment | 23 | €398 | €2,652 | +€2,254 | +566% |
| Furniture and vehicles | 24 | - | €15,947 | +€15,947 | |
| Current assets | 29/58 | €138,673 | €168,433 | +€29,761 | +21.5% |
| Amounts receivable after more than one year | 29 | €75,396 | €75,396 | = | 0.0% |
| Other amounts receivable | 291 | €75,396 | €75,396 | = | 0.0% |
| Stocks and contracts in progress | 3 | €5,721 | €3,570 | -€2,150 | -37.6% |
| Stocks | 30/36 | €5,721 | €3,570 | -€2,150 | -37.6% |
| Amounts receivable within one year | 40/41 | €52,428 | €73,670 | +€21,242 | +40.5% |
| Other amounts receivable | 41 | €52,428 | €73,670 | +€21,242 | +40.5% |
| Cash at bank and in hand | 54/58 | €4,880 | €15,524 | +€10,644 | +218% |
| Deferred charges and accrued income | 490/1 | €248 | €273 | +€25 | +10.1% |
| Total equity and liabilities | 10/49 | €139,124 | €187,033 | +€47,908 | +34.4% |
| Equity | 10/15 | €91,552 | €102,011 | +€10,459 | +11.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €91,452 | €101,911 | +€10,459 | +11.4% |
| Non-distributable reserves | 130/1 | €1,713 | - | -€1,713 | |
| Reserves not available under the articles | 1311 | €1,713 | - | -€1,713 | |
| Distributable reserves | 133 | €89,739 | €101,911 | +€12,172 | +13.6% |
| Amounts payable | 17/49 | €47,572 | €85,022 | +€37,450 | +78.7% |
| Amounts payable after more than one year | 17 | - | €20,230 | +€20,230 | |
| Financial debts | 170/4 | - | €20,230 | +€20,230 | |
| Amounts payable within one year | 42/48 | €47,188 | €62,380 | +€15,192 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | - | €6,923 | +€6,923 | |
| Financial debts | 43 | €2,047 | €2,030 | -€17 | -0.8% |
| Credit institutions | 430/8 | €2,047 | €2,030 | -€17 | -0.8% |
| Trade debts | 44 | €14,200 | €12,291 | -€1,909 | -13.4% |
| Suppliers | 440/4 | €14,200 | €12,291 | -€1,909 | -13.4% |
| Taxes, remuneration and social security | 45 | €30,940 | €41,137 | +€10,196 | +33.0% |
| Taxes | 450/3 | €19,703 | €24,477 | +€4,775 | +24.2% |
| Remuneration and social security | 454/9 | €11,238 | €16,659 | +€5,421 | +48.2% |
| Accrued charges and deferred income | 492/3 | €384 | €2,412 | +€2,027 | +527% |
| Remuneration, social security and pensions | 62 | €98,719 | €120,055 | +€21,336 | +21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,216 | €4,524 | -€692 | -13.3% |
| Other operating charges | 640/8 | €780 | €1,070 | +€290 | +37.2% |
| Gross operating margin | 9900 | €129,442 | €137,805 | +€8,363 | +6.5% |
| Operating profit (loss) | 9901 | €24,728 | €12,157 | -€12,571 | -50.8% |
| Financial income | 75/76B | €4,222 | €5,870 | +€1,648 | +39.0% |
| Recurring financial income | 75 | €4,222 | €5,870 | +€1,648 | +39.0% |
| Financial charges | 65/66B | €801 | €2,487 | +€1,687 | +211% |
| Recurring financial charges | 65 | €801 | €2,487 | +€1,687 | +211% |
| Profit (loss) for the period before taxes | 9903 | €28,149 | €15,540 | -€12,609 | -44.8% |
| Income taxes | 67/77 | €8,073 | €5,081 | -€2,992 | -37.1% |
| Profit (loss) for the period | 9904 | €20,076 | €10,459 | -€9,618 | -47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,076 | €10,459 | -€9,618 | -47.9% |
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 13 October 2026 via checked.be.