ABSI: 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.
ABSI
Largest movements
- Receivables within one year -€14,722
down €14,722 (-44.4%), from €33,177 to €18,454
of which Trade receivables: -€17,612
- Tangible fixed assets +€9,621
up €9,621 (+152%), from €6,346 to €15,967
- Cash -€8,763
down €8,763 (-74.8%), from €11,719 to €2,956
- Profit (loss) carried forward +€63,636
up €63,636, from -€62,929 to €707
- Other debts -€36,878
no longer reported in 2024 (was €36,878)
- Trade debts -€23,523
down €23,523 (-59.0%), from €39,865 to €16,341
- Current portion of long-term debt -€11,095
down €11,095 (-72.0%), from €15,417 to €4,322
- Tax, wage and social debts -€3,918
down €3,918 (-34.9%), from €11,238 to €7,321
of which Taxes: -€5,626
- Staff costs +€29,497
new in 2024: €29,497
- Gross operating margin +€19,033
up €19,033 (+38.4%), from €49,622 to €68,656
- Depreciation +€3,854
up €3,854 (+60.7%), from €6,346 to €10,200
From the 2022 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
A cash bridge needs two consecutive financial 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 | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,156 | €47,291 | -€13,865 | -22.7% |
| Fixed assets | 21/28 | €6,496 | €16,117 | +€9,621 | +148% |
| Tangible fixed assets | 22/27 | €6,346 | €15,967 | +€9,621 | +152% |
| Furniture and vehicles | 24 | €6,346 | €15,967 | +€9,621 | +152% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €54,660 | €31,175 | -€23,486 | -43.0% |
| Stocks and contracts in progress | 3 | €9,764 | €9,764 | = | 0.0% |
| Stocks | 30/36 | €9,764 | €9,764 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,177 | €18,454 | -€14,722 | -44.4% |
| Trade receivables | 40 | €33,177 | €15,564 | -€17,612 | -53.1% |
| Other amounts receivable | 41 | - | €2,890 | +€2,890 | |
| Cash at bank and in hand | 54/58 | €11,719 | €2,956 | -€8,763 | -74.8% |
| Total equity and liabilities | 10/49 | €61,156 | €47,291 | -€13,865 | -22.7% |
| Equity | 10/15 | -€44,329 | €19,307 | +€63,636 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,929 | €707 | +€63,636 | |
| Amounts payable | 17/49 | €105,485 | €27,984 | -€77,500 | -73.5% |
| Amounts payable after more than one year | 17 | €2,087 | - | -€2,087 | |
| Financial debts | 170/4 | €2,087 | - | -€2,087 | |
| Amounts payable within one year | 42/48 | €103,398 | €27,984 | -€75,414 | -72.9% |
| Current portion of amounts payable after more than one year | 42 | €15,417 | €4,322 | -€11,095 | -72.0% |
| Trade debts | 44 | €39,865 | €16,341 | -€23,523 | -59.0% |
| Suppliers | 440/4 | €39,865 | €16,341 | -€23,523 | -59.0% |
| Taxes, remuneration and social security | 45 | €11,238 | €7,321 | -€3,918 | -34.9% |
| Taxes | 450/3 | €7,065 | €1,439 | -€5,626 | -79.6% |
| Remuneration and social security | 454/9 | €4,173 | €5,881 | +€1,708 | +40.9% |
| Other amounts payable | 47/48 | €36,878 | - | -€36,878 | |
| Remuneration, social security and pensions | 62 | - | €29,497 | +€29,497 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,346 | €10,200 | +€3,854 | +60.7% |
| Other operating charges | 640/8 | €85 | €63 | -€22 | -25.8% |
| Gross operating margin | 9900 | €49,622 | €68,656 | +€19,033 | +38.4% |
| Operating profit (loss) | 9901 | €43,191 | €28,895 | -€14,296 | -33.1% |
| Financial charges | 65/66B | €45 | €132 | +€86 | +191% |
| Recurring financial charges | 65 | €45 | €132 | +€86 | +191% |
| Profit (loss) for the period before taxes | 9903 | €43,146 | €28,764 | -€14,382 | -33.3% |
| Profit (loss) for the period | 9904 | €43,146 | €28,764 | -€14,382 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,146 | €28,764 | -€14,382 | -33.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.