A.H.L.: 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.H.L.
Largest movements
- Deferred charges and accrued income +€9,620
new in 2025: €9,620
- Receivables within one year +€8,084
up €8,084 (+19.2%), from €42,139 to €50,223
of which Trade receivables: +€9,398
- Tangible fixed assets +€7,749
new in 2025: €7,749
- Trade debts +€16,532
up €16,532 (+43.4%), from €38,081 to €54,612
- Accrued charges and deferred income +€9,620
new in 2025: €9,620
- Other debts -€1,503
down €1,503 (-8.3%), from €18,080 to €16,577
- Gross operating margin +€6,696
up €6,696, from -€4,241 to €2,455
- Depreciation +€1,871
new in 2025: €1,871
- Taxes -€1,690
no longer reported in 2025 (was €1,690)
- Other operating charges -€596
down €596 (-97.5%), from €611 to €15
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 | €51,526 | €76,745 | +€25,218 | +48.9% |
| Fixed assets | 21/28 | - | €7,749 | +€7,749 | |
| Tangible fixed assets | 22/27 | - | €7,749 | +€7,749 | |
| Furniture and vehicles | 24 | - | €7,749 | +€7,749 | |
| Current assets | 29/58 | €51,526 | €68,995 | +€17,469 | +33.9% |
| Amounts receivable within one year | 40/41 | €42,139 | €50,223 | +€8,084 | +19.2% |
| Trade receivables | 40 | €39,711 | €49,109 | +€9,398 | +23.7% |
| Other amounts receivable | 41 | €2,428 | €1,114 | -€1,314 | -54.1% |
| Cash at bank and in hand | 54/58 | €9,388 | €9,152 | -€235 | -2.5% |
| Deferred charges and accrued income | 490/1 | - | €9,620 | +€9,620 | |
| Total equity and liabilities | 10/49 | €51,526 | €76,745 | +€25,218 | +48.9% |
| Equity | 10/15 | -€4,634 | -€4,065 | +€569 | +12.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,134 | -€6,565 | +€569 | +8.0% |
| Amounts payable | 17/49 | €56,161 | €80,809 | +€24,649 | +43.9% |
| Amounts payable within one year | 42/48 | €56,161 | €71,189 | +€15,029 | +26.8% |
| Trade debts | 44 | €38,081 | €54,612 | +€16,532 | +43.4% |
| Suppliers | 440/4 | €38,081 | €54,612 | +€16,532 | +43.4% |
| Other amounts payable | 47/48 | €18,080 | €16,577 | -€1,503 | -8.3% |
| Accrued charges and deferred income | 492/3 | - | €9,620 | +€9,620 | |
| Non-recurring operating income | 76A | €625 | €366 | -€259 | -41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,871 | +€1,871 | |
| Other operating charges | 640/8 | €611 | €15 | -€596 | -97.5% |
| Gross operating margin | 9900 | -€4,241 | €2,455 | +€6,696 | |
| Operating profit (loss) | 9901 | -€4,852 | €569 | +€5,422 | |
| Profit (loss) for the period before taxes | 9903 | -€4,852 | €569 | +€5,422 | |
| Income taxes | 67/77 | €1,690 | - | -€1,690 | |
| Profit (loss) for the period | 9904 | -€6,542 | €569 | +€7,112 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,542 | €569 | +€7,112 |
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 19 October 2026 via checked.be.