A.F.P. Services: what changed
A.F.P. Services
Largest movements
- Tangible fixed assets +€9,465
up €9,465 (+21.9%), from €43,297 to €52,762
of which Other tangible fixed assets: +€18,198
- Deferred charges and accrued income -€6,859
down €6,859 (-70.6%), from €9,719 to €2,860
- Receivables within one year -€6,717
down €6,717 (-5.8%), from €115,148 to €108,430
of which Other amounts receivable: -€5,397
- Cash +€6,701
up €6,701 (+4.3%), from €155,200 to €161,901
mainly Depreciation (+€20,776) and Tax, wage and social debts (+€13,034)
- Debts after one year -€21,730
down €21,730 (-63.9%), from €34,025 to €12,296
- Tax, wage and social debts +€13,034
up €13,034 (+28.2%), from €46,234 to €59,268
of which Remuneration and social security: +€29,912
- Profit (loss) carried forward +€7,096
up €7,096 (+10.2%), from €69,388 to €76,484
- Staff costs +€63,072
up €63,072 (+44.0%), from €143,490 to €206,561
- Gross operating margin +€58,386
up €58,386 (+31.3%), from €186,592 to €244,978
- Write-downs -€6,841
down €6,841 (-51.6%), from €13,260 to €6,418
- Depreciation +€5,798
up €5,798 (+38.7%), from €14,977 to €20,776
- Taxes +€3,706
up €3,706 (+366%), from €1,013 to €4,718
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €338,111 | €338,692 | +€581 | +0.2% |
| Fixed assets | 21/28 | €58,044 | €65,501 | +€7,457 | +12.8% |
| Intangible fixed assets | 21 | €14,747 | €12,739 | -€2,008 | -13.6% |
| Tangible fixed assets | 22/27 | €43,297 | €52,762 | +€9,465 | +21.9% |
| Furniture and vehicles | 24 | €34,232 | €25,500 | -€8,733 | -25.5% |
| Other tangible fixed assets | 26 | €9,064 | €27,262 | +€18,198 | +201% |
| Current assets | 29/58 | €280,067 | €273,191 | -€6,875 | -2.5% |
| Amounts receivable within one year | 40/41 | €115,148 | €108,430 | -€6,717 | -5.8% |
| Trade receivables | 40 | €96,353 | €95,032 | -€1,320 | -1.4% |
| Other amounts receivable | 41 | €18,795 | €13,398 | -€5,397 | -28.7% |
| Cash at bank and in hand | 54/58 | €155,200 | €161,901 | +€6,701 | +4.3% |
| Deferred charges and accrued income | 490/1 | €9,719 | €2,860 | -€6,859 | -70.6% |
| Total equity and liabilities | 10/49 | €338,111 | €338,692 | +€581 | +0.2% |
| Equity | 10/15 | €211,848 | €218,944 | +€7,096 | +3.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €122,000 | €122,000 | = | 0.0% |
| Distributable reserves | 133 | €122,000 | €122,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,388 | €76,484 | +€7,096 | +10.2% |
| Amounts payable | 17/49 | €126,263 | €119,748 | -€6,515 | -5.2% |
| Amounts payable after more than one year | 17 | €34,025 | €12,296 | -€21,730 | -63.9% |
| Other amounts payable | 178/9 | €34,025 | €12,296 | -€21,730 | -63.9% |
| Amounts payable within one year | 42/48 | €92,238 | €107,453 | +€15,215 | +16.5% |
| Trade debts | 44 | €26,004 | €28,184 | +€2,180 | +8.4% |
| Suppliers | 440/4 | €26,004 | €28,184 | +€2,180 | +8.4% |
| Taxes, remuneration and social security | 45 | €46,234 | €59,268 | +€13,034 | +28.2% |
| Taxes | 450/3 | €24,674 | €7,796 | -€16,878 | -68.4% |
| Remuneration and social security | 454/9 | €21,560 | €51,472 | +€29,912 | +139% |
| Other amounts payable | 47/48 | €20,000 | €20,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €143,490 | €206,561 | +€63,072 | +44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,977 | €20,776 | +€5,798 | +38.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,260 | €6,418 | -€6,841 | -51.6% |
| Other operating charges | 640/8 | €2,732 | €2,165 | -€567 | -20.8% |
| Gross operating margin | 9900 | €186,592 | €244,978 | +€58,386 | +31.3% |
| Operating profit (loss) | 9901 | €12,133 | €9,058 | -€3,076 | -25.3% |
| Financial income | 75/76B | €1,317 | €4,073 | +€2,756 | +209% |
| Recurring financial income | 75 | €1,317 | €4,073 | +€2,756 | +209% |
| Financial charges | 65/66B | €1,089 | €1,317 | +€228 | +20.9% |
| Recurring financial charges | 65 | €1,089 | €1,317 | +€228 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €12,361 | €11,814 | -€547 | -4.4% |
| Income taxes | 67/77 | €1,013 | €4,718 | +€3,706 | +366% |
| Profit (loss) for the period | 9904 | €11,349 | €7,096 | -€4,252 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,349 | €7,096 | -€4,252 | -37.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.