A.E.F.: 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.
A.E.F.
Largest movements
- Receivables within one year +€1,416
up €1,416 (+25.3%), from €5,598 to €7,015
of which Trade receivables: +€880
- Profit (loss) carried forward +€1,058
up €1,058 (+64.4%), from €1,642 to €2,699
- Other debts +€376
up €376 (+24.6%), from €1,531 to €1,907
- Gross operating margin +€2,733
up €2,733, from -€693 to €2,039
- Turnover +€1,700
up €1,700 (+77.3%), from €2,200 to €3,900
- Purchases and services -€1,033
down €1,033 (-35.7%), from €2,893 to €1,861
- Other operating charges +€489
up €489 (+127%), from €384 to €873
- Financial charges +€43
up €43 (+64.5%), from €66 to €108
of which Financial charges: +€43
From the 2024 result to the 2025 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
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,150 | €11,584 | +€1,434 | +14.1% |
| Fixed assets | 21/28 | €25 | €25 | = | 0.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €10,125 | €11,559 | +€1,434 | +14.2% |
| Amounts receivable within one year | 40/41 | €5,598 | €7,015 | +€1,416 | +25.3% |
| Trade receivables | 40 | €2,558 | €3,438 | +€880 | +34.4% |
| Other amounts receivable | 41 | €3,040 | €3,577 | +€536 | +17.6% |
| Cash at bank and in hand | 54/58 | €4,527 | €4,545 | +€18 | +0.4% |
| Total equity and liabilities | 10/49 | €10,150 | €11,584 | +€1,434 | +14.1% |
| Equity | 10/15 | €8,608 | €9,666 | +€1,058 | +12.3% |
| Contributions | 10/11 | €6,967 | €6,967 | = | 0.0% |
| Contributions outside capital | 11 | €6,967 | €6,967 | = | 0.0% |
| Share premium | 1100/10 | €6,967 | €6,967 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,642 | €2,699 | +€1,058 | +64.4% |
| Amounts payable | 17/49 | €1,542 | €1,918 | +€376 | +24.4% |
| Amounts payable within one year | 42/48 | €1,542 | €1,918 | +€376 | +24.4% |
| Taxes, remuneration and social security | 45 | €11 | €11 | = | 0.0% |
| Remuneration and social security | 454/9 | €11 | €11 | = | 0.0% |
| Other amounts payable | 47/48 | €1,531 | €1,907 | +€376 | +24.6% |
| Turnover | 70 | €2,200 | €3,900 | +€1,700 | +77.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,893 | €1,861 | -€1,033 | -35.7% |
| Other operating charges | 640/8 | €384 | €873 | +€489 | +127% |
| Gross operating margin | 9900 | -€693 | €2,039 | +€2,733 | |
| Operating profit (loss) | 9901 | -€1,078 | €1,166 | +€2,244 | |
| Financial charges | 65/66B | €66 | €108 | +€43 | +64.5% |
| Recurring financial charges | 65 | €66 | €108 | +€43 | +64.8% |
| Non-recurring financial charges | 66B | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | -€1,144 | €1,058 | +€2,201 | |
| Profit (loss) for the period | 9904 | -€1,144 | €1,058 | +€2,201 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,144 | €1,058 | +€2,201 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.