A.J.C.: 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.J.C.
Largest movements
- Cash +€8,197
up €8,197 (+17.2%), from €47,713 to €55,911
mainly Net result for the year (+€5,451) and Receivables within one year (+€2,453)
- Receivables within one year -€2,453
down €2,453 (-35.1%), from €6,983 to €4,530
of which Trade receivables: -€2,542
- Reserves +€5,450
up €5,450 (+18.8%), from €29,000 to €34,450
- Turnover -€33,205
no longer reported in 2025 (was €33,205)
- Purchases and services -€28,295
no longer reported in 2025 (was €28,295)
- Gross operating margin +€3,679
up €3,679 (+73.4%), from €5,012 to €8,691
- Taxes +€2,154
up €2,154 (+11518.5%), from €19 to €2,173
- Staff costs +€512
new in 2025: €512
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 | €54,776 | €60,517 | +€5,740 | +10.5% |
| Fixed assets | 21/28 | €80 | €76 | -€4 | -4.7% |
| Tangible fixed assets | 22/27 | €4 | €0 | -€4 | -100.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €4 | €0 | -€4 | -100.0% |
| Financial fixed assets | 28 | €76 | €76 | = | 0.0% |
| Current assets | 29/58 | €54,696 | €60,440 | +€5,744 | +10.5% |
| Amounts receivable within one year | 40/41 | €6,983 | €4,530 | -€2,453 | -35.1% |
| Trade receivables | 40 | €6,979 | €4,437 | -€2,542 | -36.4% |
| Other amounts receivable | 41 | €4 | €92 | +€89 | +2341.3% |
| Cash at bank and in hand | 54/58 | €47,713 | €55,911 | +€8,197 | +17.2% |
| Total equity and liabilities | 10/49 | €54,776 | €60,517 | +€5,740 | +10.5% |
| Equity | 10/15 | €49,932 | €55,383 | +€5,451 | +10.9% |
| Contributions | 10/11 | €14,360 | €14,360 | = | 0.0% |
| Reserves | 13 | €29,000 | €34,450 | +€5,450 | +18.8% |
| Distributable reserves | 133 | €29,000 | €34,450 | +€5,450 | +18.8% |
| Profit (loss) carried forward | 14 | €6,572 | €6,573 | +€1 | 0.0% |
| Amounts payable | 17/49 | €4,844 | €5,134 | +€289 | +6.0% |
| Amounts payable within one year | 42/48 | €4,844 | €5,134 | +€289 | +6.0% |
| Trade debts | 44 | €1,250 | €1,409 | +€159 | +12.7% |
| Suppliers | 440/4 | €1,250 | €1,409 | +€159 | +12.7% |
| Taxes, remuneration and social security | 45 | €3,594 | €3,725 | +€131 | +3.6% |
| Taxes | 450/3 | €3,594 | €3,725 | +€131 | +3.6% |
| Turnover | 70 | €33,205 | - | -€33,205 | |
| Goods, raw materials, services and sundry goods | 60/61 | €28,295 | - | -€28,295 | |
| Remuneration, social security and pensions | 62 | - | €512 | +€512 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124 | €4 | -€120 | -97.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €5,012 | €8,691 | +€3,679 | +73.4% |
| Operating profit (loss) | 9901 | €4,501 | €7,776 | +€3,275 | +72.8% |
| Financial charges | 65/66B | €138 | €152 | +€14 | +10.0% |
| Recurring financial charges | 65 | €138 | €152 | +€14 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €4,363 | €7,624 | +€3,261 | +74.7% |
| Income taxes | 67/77 | €19 | €2,173 | +€2,154 | +11518.5% |
| Profit (loss) for the period | 9904 | €4,344 | €5,451 | +€1,107 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,344 | €5,451 | +€1,107 | +25.5% |
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 4 October 2026 via checked.be.