ABSON: 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.
ABSON
Largest movements
- Receivables within one year +€152,336
up €152,336 (+17.9%), from €849,720 to €1.0m
of which Other amounts receivable: +€93,561
- Tangible fixed assets -€27,283
down €27,283 (-5.9%), from €465,133 to €437,849
of which Furniture and vehicles: -€15,415
- Reserves +€78,790
up €78,790 (+8.4%), from €941,911 to €1.0m
of which Tax-exempt reserves: +€54,730
- Other debts +€61,987
up €61,987 (+16.3%), from €379,950 to €441,937
- Gross operating margin -€79,137
down €79,137 (-23.4%), from €338,316 to €259,178
- Taxes -€25,050
down €25,050 (-41.9%), from €59,778 to €34,728
- Financial charges +€24,588
up €24,588 (+50.1%), from €49,051 to €73,640
- Staff costs -€10,494
down €10,494 (-46.5%), from €22,579 to €12,085
- Financial income +€5,222
up €5,222 (+189898.2%), from €3 to €5,225
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 | €2,503,579 | €2,664,216 | +€160,637 | +6.4% |
| Fixed assets | 21/28 | €465,133 | €437,849 | -€27,283 | -5.9% |
| Tangible fixed assets | 22/27 | €465,133 | €437,849 | -€27,283 | -5.9% |
| Land and buildings | 22 | €407,004 | €396,199 | -€10,805 | -2.7% |
| Plant, machinery and equipment | 23 | €5,799 | €4,736 | -€1,063 | -18.3% |
| Furniture and vehicles | 24 | €22,329 | €6,914 | -€15,415 | -69.0% |
| Other tangible fixed assets | 26 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €2,038,447 | €2,226,367 | +€187,921 | +9.2% |
| Stocks and contracts in progress | 3 | €1,179,537 | €1,204,247 | +€24,709 | +2.1% |
| Stocks | 30/36 | €1,179,537 | €1,204,247 | +€24,709 | +2.1% |
| Amounts receivable within one year | 40/41 | €849,720 | €1,002,056 | +€152,336 | +17.9% |
| Trade receivables | 40 | €15 | €58,790 | +€58,775 | +394463.8% |
| Other amounts receivable | 41 | €849,705 | €943,266 | +€93,561 | +11.0% |
| Cash at bank and in hand | 54/58 | €611 | €4,857 | +€4,246 | +695.0% |
| Deferred charges and accrued income | 490/1 | €8,578 | €15,207 | +€6,629 | +77.3% |
| Total equity and liabilities | 10/49 | €2,503,579 | €2,664,216 | +€160,637 | +6.4% |
| Equity | 10/15 | €1,140,967 | €1,219,757 | +€78,790 | +6.9% |
| Contributions | 10/11 | €165,000 | €165,000 | = | 0.0% |
| Reserves | 13 | €941,911 | €1,020,701 | +€78,790 | +8.4% |
| Tax-exempt reserves | 132 | €329,399 | €384,129 | +€54,730 | +16.6% |
| Distributable reserves | 133 | €612,512 | €636,572 | +€24,060 | +3.9% |
| Profit (loss) carried forward | 14 | €34,056 | €34,056 | = | 0.0% |
| Provisions and deferred taxes | 16 | €84,262 | €84,262 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €84,262 | €84,262 | = | 0.0% |
| Other liabilities and charges | 164/5 | €84,262 | €84,262 | = | 0.0% |
| Amounts payable | 17/49 | €1,278,350 | €1,360,198 | +€81,847 | +6.4% |
| Amounts payable within one year | 42/48 | €1,272,093 | €1,338,389 | +€66,296 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €850,000 | €850,000 | = | 0.0% |
| Trade debts | 44 | €37,128 | €29,926 | -€7,202 | -19.4% |
| Suppliers | 440/4 | €37,128 | €29,926 | -€7,202 | -19.4% |
| Taxes, remuneration and social security | 45 | €5,015 | €16,526 | +€11,511 | +229.5% |
| Taxes | 450/3 | €5,015 | €14,914 | +€9,898 | +197.4% |
| Remuneration and social security | 454/9 | - | €1,612 | +€1,612 | |
| Other amounts payable | 47/48 | €379,950 | €441,937 | +€61,987 | +16.3% |
| Accrued charges and deferred income | 492/3 | €6,257 | €21,809 | +€15,552 | +248.5% |
| Non-recurring operating income | 76A | - | €6,787 | +€6,787 | |
| Remuneration, social security and pensions | 62 | €22,579 | €12,085 | -€10,494 | -46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,709 | €55,284 | +€1,575 | +2.9% |
| Other operating charges | 640/8 | €9,293 | €9,877 | +€584 | +6.3% |
| Gross operating margin | 9900 | €338,316 | €259,178 | -€79,137 | -23.4% |
| Operating profit (loss) | 9901 | €252,735 | €181,932 | -€70,803 | -28.0% |
| Financial income | 75/76B | €3 | €5,225 | +€5,222 | +189898.2% |
| Recurring financial income | 75 | €3 | €5,225 | +€5,222 | +189898.2% |
| Financial charges | 65/66B | €49,051 | €73,640 | +€24,588 | +50.1% |
| Recurring financial charges | 65 | €49,051 | €73,640 | +€24,588 | +50.1% |
| Profit (loss) for the period before taxes | 9903 | €203,686 | €113,518 | -€90,169 | -44.3% |
| Income taxes | 67/77 | €59,778 | €34,728 | -€25,050 | -41.9% |
| Profit (loss) for the period | 9904 | €143,908 | €78,790 | -€65,118 | -45.2% |
| Transfer to tax-exempt reserves | 689 | €84,200 | €54,730 | -€29,470 | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,708 | €24,060 | -€35,648 | -59.7% |
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 29 September 2026 via checked.be.