ABSOlute Consulting: what changed
Two fiscal 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.
ABSOlute Consulting
Largest movements
- Receivables within one year -€315,640
down €315,640 (-84.3%), from €374,291 to €58,651
of which Trade receivables: -€315,635
- Cash -€208,730
down €208,730 (-70.3%), from €296,988 to €88,258
mainly Contributions, distributions and other (-€491,292) and Current investments (-€135,164)
- Current investments +€135,164
up €135,164 (+22.6%), from €597,237 to €732,401
- Deferred charges and accrued income +€35,844
new in 2024: €35,844
- Reserves -€221,698
down €221,698 (-10.2%), from €2.2m to €2.0m
of which Tax-exempt reserves: -€126,300
- Tax, wage and social debts -€117,028
down €117,028 (-47.1%), from €248,279 to €131,250
of which Taxes: -€117,068
- Gross operating margin -€198,651
down €198,651 (-33.4%), from €594,455 to €395,804
- Taxes -€57,749
down €57,749 (-31.6%), from €182,723 to €124,974
- Financial income -€23,703
down €23,703 (-75.4%), from €31,421 to €7,718
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.
Cash bridge derived
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 | €2,692,044 | €2,337,000 | -€355,044 | -13.2% |
| Fixed assets | 21/28 | €223,166 | €221,485 | -€1,682 | -0.8% |
| Tangible fixed assets | 22/27 | €201,566 | €199,885 | -€1,682 | -0.8% |
| Land and buildings | 22 | €179,250 | €179,250 | = | 0.0% |
| Furniture and vehicles | 24 | €16,372 | €16,063 | -€310 | -1.9% |
| Other tangible fixed assets | 26 | €5,944 | €4,572 | -€1,372 | -23.1% |
| Financial fixed assets | 28 | €21,600 | €21,600 | = | 0.0% |
| Current assets | 29/58 | €2,468,878 | €2,115,515 | -€353,363 | -14.3% |
| Amounts receivable after more than one year | 29 | €1,200,363 | €1,200,363 | = | 0.0% |
| Other amounts receivable | 291 | €1,200,363 | €1,200,363 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €374,291 | €58,651 | -€315,640 | -84.3% |
| Trade receivables | 40 | €323,193 | €7,558 | -€315,635 | -97.7% |
| Other amounts receivable | 41 | €51,098 | €51,093 | -€5 | 0.0% |
| Current investments | 50/53 | €597,237 | €732,401 | +€135,164 | +22.6% |
| Cash at bank and in hand | 54/58 | €296,988 | €88,258 | -€208,730 | -70.3% |
| Deferred charges and accrued income | 490/1 | - | €35,844 | +€35,844 | |
| Total equity and liabilities | 10/49 | €2,692,044 | €2,337,000 | -€355,044 | -13.2% |
| Equity | 10/15 | €2,283,281 | €2,061,482 | -€221,798 | -9.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,178,817 | €1,957,120 | -€221,698 | -10.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €315,750 | €189,450 | -€126,300 | -40.0% |
| Distributable reserves | 133 | €1,861,207 | €1,765,810 | -€95,398 | -5.1% |
| Profit (loss) carried forward | 14 | €85,863 | €85,762 | -€101 | -0.1% |
| Amounts payable | 17/49 | €408,764 | €275,518 | -€133,246 | -32.6% |
| Amounts payable after more than one year | 17 | €121,158 | €110,972 | -€10,187 | -8.4% |
| Financial debts | 170/4 | €121,158 | €110,972 | -€10,187 | -8.4% |
| Amounts payable within one year | 42/48 | €287,605 | €164,546 | -€123,059 | -42.8% |
| Current portion of amounts payable after more than one year | 42 | €10,078 | €10,187 | +€109 | +1.1% |
| Trade debts | 44 | €2,126 | €17,971 | +€15,845 | +745.3% |
| Suppliers | 440/4 | €2,126 | €17,971 | +€15,845 | +745.3% |
| Taxes, remuneration and social security | 45 | €248,279 | €131,250 | -€117,028 | -47.1% |
| Taxes | 450/3 | €245,457 | €128,390 | -€117,068 | -47.7% |
| Remuneration and social security | 454/9 | €2,821 | €2,860 | +€39 | +1.4% |
| Other amounts payable | 47/48 | €27,123 | €5,138 | -€21,984 | -81.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,945 | €4,135 | -€1,811 | -30.5% |
| Other operating charges | 640/8 | €5,286 | €2,599 | -€2,687 | -50.8% |
| Non-recurring operating charges | 66A | - | €55 | +€55 | |
| Gross operating margin | 9900 | €594,455 | €395,804 | -€198,651 | -33.4% |
| Operating profit (loss) | 9901 | €583,224 | €389,016 | -€194,208 | -33.3% |
| Financial income | 75/76B | €31,421 | €7,718 | -€23,703 | -75.4% |
| Recurring financial income | 75 | €31,421 | €7,718 | -€23,703 | -75.4% |
| Financial charges | 65/66B | -€0 | €2,266 | +€2,267 | |
| Recurring financial charges | 65 | -€0 | €2,215 | +€2,216 | |
| Non-recurring financial charges | 66B | -€0 | €51 | +€51 | |
| Profit (loss) for the period before taxes | 9903 | €614,645 | €394,468 | -€220,178 | -35.8% |
| Income taxes | 67/77 | €182,723 | €124,974 | -€57,749 | -31.6% |
| Profit (loss) for the period | 9904 | €431,922 | €269,493 | -€162,429 | -37.6% |
| Transfer to tax-exempt reserves | 689 | €147,350 | - | -€147,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €284,572 | €269,493 | -€15,079 | -5.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.