A.F.C. CONCEPT: 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.F.C. CONCEPT
Largest movements
- Tangible fixed assets -€6,165
down €6,165 (-25.9%), from €23,777 to €17,612
of which Furniture and vehicles: -€4,263
- Receivables within one year -€742
down €742 (-95.8%), from €774 to €33
of which Trade receivables: -€774
- Debts after one year -€3,263
down €3,263 (-35.2%), from €9,264 to €6,001
- Current portion of long-term debt -€2,207
down €2,207 (-40.4%), from €5,470 to €3,263
- Profit (loss) carried forward -€875
down €875 (-4.0%), from -€21,752 to -€22,627
- Tax, wage and social debts -€480
down €480 (-62.8%), from €764 to €284
- Depreciation -€1,662
down €1,662 (-21.2%), from €7,827 to €6,165
- Gross operating margin -€208
down €208 (-3.1%), from €6,621 to €6,412
- Financial charges -€207
down €207 (-25.3%), from €818 to €611
- Other operating charges +€98
up €98 (+22.6%), from €434 to €532
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 | €36,718 | €29,688 | -€7,030 | -19.1% |
| Fixed assets | 21/28 | €23,827 | €17,662 | -€6,165 | -25.9% |
| Tangible fixed assets | 22/27 | €23,777 | €17,612 | -€6,165 | -25.9% |
| Land and buildings | 22 | €19,018 | €17,116 | -€1,902 | -10.0% |
| Furniture and vehicles | 24 | €4,759 | €496 | -€4,263 | -89.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €12,891 | €12,026 | -€865 | -6.7% |
| Amounts receivable within one year | 40/41 | €774 | €33 | -€742 | -95.8% |
| Trade receivables | 40 | €774 | - | -€774 | |
| Other amounts receivable | 41 | - | €33 | +€33 | |
| Cash at bank and in hand | 54/58 | €11,577 | €11,679 | +€101 | +0.9% |
| Deferred charges and accrued income | 490/1 | €539 | €314 | -€225 | -41.7% |
| Total equity and liabilities | 10/49 | €36,718 | €29,688 | -€7,030 | -19.1% |
| Equity | 10/15 | €13,208 | €12,333 | -€875 | -6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,360 | €16,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €14,500 | €14,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,752 | -€22,627 | -€875 | -4.0% |
| Amounts payable | 17/49 | €23,510 | €17,355 | -€6,156 | -26.2% |
| Amounts payable after more than one year | 17 | €9,264 | €6,001 | -€3,263 | -35.2% |
| Financial debts | 170/4 | €9,264 | €6,001 | -€3,263 | -35.2% |
| Amounts payable within one year | 42/48 | €14,246 | €11,353 | -€2,893 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €5,470 | €3,263 | -€2,207 | -40.4% |
| Trade debts | 44 | €496 | €136 | -€361 | -72.7% |
| Suppliers | 440/4 | €496 | €136 | -€361 | -72.7% |
| Advances received on contracts in progress | 46 | €1,936 | €1,936 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €764 | €284 | -€480 | -62.8% |
| Taxes | 450/3 | €764 | €284 | -€480 | -62.8% |
| Other amounts payable | 47/48 | €5,581 | €5,735 | +€155 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,827 | €6,165 | -€1,662 | -21.2% |
| Other operating charges | 640/8 | €434 | €532 | +€98 | +22.6% |
| Gross operating margin | 9900 | €6,621 | €6,412 | -€208 | -3.1% |
| Operating profit (loss) | 9901 | -€1,640 | -€285 | +€1,355 | +82.6% |
| Financial income | 75/76B | €139 | €188 | +€49 | +35.0% |
| Recurring financial income | 75 | €139 | €188 | +€49 | +35.0% |
| Financial charges | 65/66B | €818 | €611 | -€207 | -25.3% |
| Recurring financial charges | 65 | €818 | €611 | -€207 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,319 | -€708 | +€1,611 | +69.5% |
| Income taxes | 67/77 | €205 | €167 | -€38 | -18.4% |
| Profit (loss) for the period | 9904 | -€2,523 | -€875 | +€1,649 | +65.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,523 | -€875 | +€1,649 | +65.3% |
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 26 October 2026 via checked.be.