A&J INSTALL: 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 INSTALL
Largest movements
- Tangible fixed assets +€24,462
up €24,462 (+8.9%), from €275,541 to €300,003
of which Furniture and vehicles: +€13,483
- Cash +€6,839
up €6,839 (+28.4%), from €24,047 to €30,886
mainly Depreciation (+€19,238) and Net result for the year (+€9,729)
- Receivables within one year -€6,222
down €6,222 (-57.2%), from €10,885 to €4,663
of which Trade receivables: -€6,645
- Profit (loss) carried forward +€7,500
new in 2025: €7,500
- Other debts +€7,164
up €7,164 (+5.1%), from €140,663 to €147,827
- Current portion of long-term debt +€4,587
up €4,587 (+33.1%), from €13,844 to €18,431
- Trade debts +€4,504
up €4,504 (+526.4%), from €856 to €5,360
- Gross operating margin +€12,290
up €12,290 (+52.6%), from €23,369 to €35,658
- Taxes +€2,159
up €2,159 (+386.2%), from €559 to €2,719
- Depreciation +€1,735
up €1,735 (+9.9%), from €17,504 to €19,238
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 | €310,799 | €338,572 | +€27,772 | +8.9% |
| Fixed assets | 21/28 | €275,541 | €300,003 | +€24,462 | +8.9% |
| Tangible fixed assets | 22/27 | €275,541 | €300,003 | +€24,462 | +8.9% |
| Land and buildings | 22 | €253,533 | €263,575 | +€10,041 | +4.0% |
| Plant, machinery and equipment | 23 | €0 | €3,093 | +€3,093 | |
| Furniture and vehicles | 24 | €16,897 | €30,380 | +€13,483 | +79.8% |
| Other tangible fixed assets | 26 | €5,111 | €2,956 | -€2,155 | -42.2% |
| Current assets | 29/58 | €35,258 | €38,569 | +€3,311 | +9.4% |
| Amounts receivable within one year | 40/41 | €10,885 | €4,663 | -€6,222 | -57.2% |
| Trade receivables | 40 | €8,217 | €1,572 | -€6,645 | -80.9% |
| Other amounts receivable | 41 | €2,668 | €3,091 | +€423 | +15.8% |
| Cash at bank and in hand | 54/58 | €24,047 | €30,886 | +€6,839 | +28.4% |
| Deferred charges and accrued income | 490/1 | €326 | €3,020 | +€2,693 | +825.3% |
| Total equity and liabilities | 10/49 | €310,799 | €338,572 | +€27,772 | +8.9% |
| Equity | 10/15 | €37,805 | €47,534 | +€9,729 | +25.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,205 | €21,434 | +€2,229 | +11.6% |
| Distributable reserves | 133 | €19,205 | €21,434 | +€2,229 | +11.6% |
| Profit (loss) carried forward | 14 | - | €7,500 | +€7,500 | |
| Amounts payable | 17/49 | €272,994 | €291,037 | +€18,043 | +6.6% |
| Amounts payable after more than one year | 17 | €117,173 | €117,742 | +€569 | +0.5% |
| Financial debts | 170/4 | €117,173 | €117,742 | +€569 | +0.5% |
| Amounts payable within one year | 42/48 | €155,821 | €173,295 | +€17,474 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €13,844 | €18,431 | +€4,587 | +33.1% |
| Trade debts | 44 | €856 | €5,360 | +€4,504 | +526.4% |
| Suppliers | 440/4 | €856 | €5,360 | +€4,504 | +526.4% |
| Taxes, remuneration and social security | 45 | €458 | €1,677 | +€1,219 | +266.0% |
| Taxes | 450/3 | €458 | €1,677 | +€1,219 | +266.0% |
| Other amounts payable | 47/48 | €140,663 | €147,827 | +€7,164 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,504 | €19,238 | +€1,735 | +9.9% |
| Other operating charges | 640/8 | €996 | €1,119 | +€123 | +12.4% |
| Gross operating margin | 9900 | €23,369 | €35,658 | +€12,290 | +52.6% |
| Operating profit (loss) | 9901 | €4,869 | €15,301 | +€10,432 | +214.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €3,002 | €2,853 | -€149 | -5.0% |
| Recurring financial charges | 65 | €3,002 | €2,853 | -€149 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €1,867 | €12,448 | +€10,581 | +566.7% |
| Income taxes | 67/77 | €559 | €2,719 | +€2,159 | +386.2% |
| Profit (loss) for the period | 9904 | €1,308 | €9,729 | +€8,421 | +644.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,308 | €9,729 | +€8,421 | +644.0% |
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 8 October 2026 via checked.be.