A & I: what changed
Two fiscal 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 & I
Largest movements
- Cash -€15,988
down €15,988 (-15.4%), from €104,053 to €88,065
mainly Receivables within one year (-€10,000) and Net result for the year (-€3,980)
- Receivables within one year +€10,000
up €10,000 (+20.0%), from €49,908 to €59,908
- Tangible fixed assets +€2,008
new in 2025: €2,008
- Reserves -€3,980
down €3,980 (-3.1%), from €127,001 to €123,021
- Gross operating margin -€56,720
down €56,720, from €53,267 to -€3,454
- Taxes -€14,560
down €14,560 (-100.0%), from €14,560 to €0
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.
Cash bridge derived
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 | €153,961 | €149,981 | -€3,980 | -2.6% |
| Fixed assets | 21/28 | - | €2,008 | +€2,008 | |
| Tangible fixed assets | 22/27 | - | €2,008 | +€2,008 | |
| Plant, machinery and equipment | 23 | - | €2,008 | +€2,008 | |
| Current assets | 29/58 | €153,961 | €147,973 | -€5,988 | -3.9% |
| Amounts receivable within one year | 40/41 | €49,908 | €59,908 | +€10,000 | +20.0% |
| Other amounts receivable | 41 | €49,908 | €59,908 | +€10,000 | +20.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €104,053 | €88,065 | -€15,988 | -15.4% |
| Total equity and liabilities | 10/49 | €153,961 | €149,981 | -€3,980 | -2.6% |
| Equity | 10/15 | €139,401 | €135,421 | -€3,980 | -2.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €127,001 | €123,021 | -€3,980 | -3.1% |
| Distributable reserves | 133 | €127,001 | €123,021 | -€3,980 | -3.1% |
| Amounts payable | 17/49 | €14,560 | €14,560 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,560 | €14,560 | = | 0.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €14,560 | €14,560 | = | 0.0% |
| Taxes | 450/3 | €14,560 | €14,560 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €80 | +€80 | |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €53,267 | -€3,454 | -€56,720 | |
| Operating profit (loss) | 9901 | €53,267 | -€3,934 | -€57,200 | |
| Financial income | 75/76B | €390 | €103 | -€287 | -73.6% |
| Recurring financial income | 75 | €390 | €103 | -€287 | -73.6% |
| Financial charges | 65/66B | €225 | €149 | -€76 | -33.9% |
| Recurring financial charges | 65 | €225 | €149 | -€76 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €53,431 | -€3,980 | -€57,411 | |
| Income taxes | 67/77 | €14,560 | €0 | -€14,560 | -100.0% |
| Profit (loss) for the period | 9904 | €38,871 | -€3,980 | -€42,851 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,871 | -€3,980 | -€42,851 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.