ABVB: 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.
ABVB
Largest movements
- Stocks and contracts -€380,835
down €380,835 (-60.6%), from €627,975 to €247,140
- Receivables within one year -€22,068
down €22,068 (-29.9%), from €73,686 to €51,619
of which Other amounts receivable: -€17,241
- Debts after one year -€250,000
no longer reported in 2024 (was €250,000)
- Current portion of long-term debt -€137,032
no longer reported in 2024 (was €137,032)
- Profit (loss) carried forward +€133,079
up €133,079, from -€40,423 to €92,655
- Other debts -€103,710
down €103,710 (-72.0%), from €144,110 to €40,400
- Accrued charges and deferred income -€48,603
no longer reported in 2024 (was €48,603)
- Gross operating margin +€98,112
up €98,112 (+150.9%), from €65,006 to €163,118
- Financial charges -€33,974
down €33,974 (-93.8%), from €36,218 to €2,244
- Other operating charges -€21,815
down €21,815 (-77.0%), from €28,348 to €6,533
- Taxes +€21,262
new in 2024: €21,262
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 | €701,850 | €299,992 | -€401,858 | -57.3% |
| Current assets | 29/58 | €701,850 | €299,992 | -€401,858 | -57.3% |
| Stocks and contracts in progress | 3 | €627,975 | €247,140 | -€380,835 | -60.6% |
| Contracts in progress | 37 | €627,975 | €247,140 | -€380,835 | -60.6% |
| Amounts receivable within one year | 40/41 | €73,686 | €51,619 | -€22,068 | -29.9% |
| Trade receivables | 40 | €53,369 | €48,543 | -€4,827 | -9.0% |
| Other amounts receivable | 41 | €20,317 | €3,076 | -€17,241 | -84.9% |
| Cash at bank and in hand | 54/58 | €89 | €1,129 | +€1,040 | +1164.1% |
| Deferred charges and accrued income | 490/1 | €100 | €104 | +€5 | +4.8% |
| Total equity and liabilities | 10/49 | €701,850 | €299,992 | -€401,858 | -57.3% |
| Equity | 10/15 | -€19,963 | €113,115 | +€133,079 | |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,423 | €92,655 | +€133,079 | |
| Amounts payable | 17/49 | €721,813 | €186,877 | -€534,937 | -74.1% |
| Amounts payable after more than one year | 17 | €250,000 | - | -€250,000 | |
| Financial debts | 170/4 | €250,000 | - | -€250,000 | |
| Amounts payable within one year | 42/48 | €423,211 | €186,877 | -€236,334 | -55.8% |
| Current portion of amounts payable after more than one year | 42 | €137,032 | - | -€137,032 | |
| Trade debts | 44 | €115,522 | €125,215 | +€9,693 | +8.4% |
| Suppliers | 440/4 | €115,522 | €125,215 | +€9,693 | +8.4% |
| Taxes, remuneration and social security | 45 | €26,547 | €21,262 | -€5,285 | -19.9% |
| Taxes | 450/3 | €26,547 | €21,262 | -€5,285 | -19.9% |
| Other amounts payable | 47/48 | €144,110 | €40,400 | -€103,710 | -72.0% |
| Accrued charges and deferred income | 492/3 | €48,603 | - | -€48,603 | |
| Other operating charges | 640/8 | €28,348 | €6,533 | -€21,815 | -77.0% |
| Gross operating margin | 9900 | €65,006 | €163,118 | +€98,112 | +150.9% |
| Operating profit (loss) | 9901 | €36,658 | €156,585 | +€119,927 | +327.1% |
| Financial charges | 65/66B | €36,218 | €2,244 | -€33,974 | -93.8% |
| Recurring financial charges | 65 | €36,218 | €2,244 | -€33,974 | -93.8% |
| Profit (loss) for the period before taxes | 9903 | €440 | €154,341 | +€153,901 | +34943.3% |
| Income taxes | 67/77 | - | €21,262 | +€21,262 | |
| Profit (loss) for the period | 9904 | €440 | €133,079 | +€132,638 | +30115.7% |
| Profit (loss) for the period to be appropriated | 9905 | €440 | €133,079 | +€132,638 | +30115.7% |
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 9 October 2026 via checked.be.