ABSOLUTE GREEN: 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 GREEN
Largest movements
- Receivables within one year -€180,884
down €180,884 (-50.1%), from €361,375 to €180,490
- Cash -€11,329
down €11,329 (-16.6%), from €68,211 to €56,883
- Reserves -€195,527
down €195,527 (-45.8%), from €426,674 to €231,147
- Gross operating margin +€8,679
no longer reported in 2024 (was -€8,679)
- Taxes +€5,361
no longer reported in 2024 (was -€5,361)
- Other operating charges +€1,252
new in 2024: €1,252
- Financial charges +€779
new in 2024: €779
- Depreciation -€523
down €523 (-55.2%), from €949 to €425
From the 2020 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
A cash bridge needs two consecutive fiscal 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 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €433,369 | €238,066 | -€195,303 | -45.1% |
| Fixed assets | 21/28 | €3,783 | €693 | -€3,090 | -81.7% |
| Tangible fixed assets | 22/27 | €3,428 | €338 | -€3,090 | -90.1% |
| Plant, machinery and equipment | 23 | - | €338 | +€338 | |
| Financial fixed assets | 28 | €355 | €355 | = | 0.0% |
| Current assets | 29/58 | €429,586 | €237,373 | -€192,213 | -44.7% |
| Amounts receivable within one year | 40/41 | €361,375 | €180,490 | -€180,884 | -50.1% |
| Trade receivables | 40 | - | €165,427 | +€165,427 | |
| Other amounts receivable | 41 | - | €15,064 | +€15,064 | |
| Cash at bank and in hand | 54/58 | €68,211 | €56,883 | -€11,329 | -16.6% |
| Total equity and liabilities | 10/49 | €433,369 | €238,066 | -€195,303 | -45.1% |
| Equity | 10/15 | €432,872 | €237,344 | -€195,527 | -45.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €426,674 | €231,147 | -€195,527 | -45.8% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Distributable reserves | 133 | - | €229,288 | +€229,288 | |
| Amounts payable | 17/49 | €497 | €721 | +€224 | +45.1% |
| Amounts payable within one year | 42/48 | €497 | €721 | +€224 | +45.1% |
| Trade debts | 44 | €497 | €721 | +€224 | +45.1% |
| Suppliers | 440/4 | - | €721 | +€721 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €949 | €425 | -€523 | -55.2% |
| Other operating charges | 640/8 | - | €1,252 | +€1,252 | |
| Gross operating margin | 9900 | -€8,679 | - | +€8,679 | |
| Operating profit (loss) | 9901 | -€9,663 | -€1,677 | +€7,986 | +82.6% |
| Financial charges | 65/66B | - | €779 | +€779 | |
| Recurring financial charges | 65 | €583 | €779 | +€196 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,246 | -€2,456 | +€7,790 | +76.0% |
| Income taxes | 67/77 | -€5,361 | - | +€5,361 | |
| Profit (loss) for the period | 9904 | -€4,885 | -€2,456 | +€2,429 | +49.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,885 | -€2,456 | +€2,429 | +49.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 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.