AAA-Belgium: 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.
AAA-Belgium
Largest movements
- Receivables within one year -€1,564
down €1,564 (-8.6%), from €18,236 to €16,672
- Profit (loss) carried forward -€5,920
down €5,920 (-6.2%), from -€95,646 to -€101,567
- Trade debts +€1,903
up €1,903 (+3.7%), from €51,909 to €53,811
- Other debts +€1,865
up €1,865 (+103.3%), from €1,805 to €3,670
- Gross operating margin +€2,241
up €2,241 (+36.3%), from -€6,168 to -€3,927
- Financial charges +€985
up €985 (+291.3%), from €338 to €1,322
of which Non-recurring financial charges: +€988
- Other operating charges +€308
new in 2025: €308
- Depreciation -€232
down €232 (-39.0%), from €594 to €362
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 | €58,068 | €55,915 | -€2,153 | -3.7% |
| Fixed assets | 21/28 | €39,375 | €39,012 | -€362 | -0.9% |
| Tangible fixed assets | 22/27 | €39,197 | €38,835 | -€362 | -0.9% |
| Land and buildings | 22 | €38,525 | €38,525 | = | 0.0% |
| Furniture and vehicles | 24 | €672 | €310 | -€362 | -53.9% |
| Financial fixed assets | 28 | €178 | €178 | = | 0.0% |
| Current assets | 29/58 | €18,693 | €16,902 | -€1,791 | -9.6% |
| Amounts receivable within one year | 40/41 | €18,236 | €16,672 | -€1,564 | -8.6% |
| Other amounts receivable | 41 | €18,236 | €16,672 | -€1,564 | -8.6% |
| Cash at bank and in hand | 54/58 | €457 | €230 | -€226 | -49.6% |
| Total equity and liabilities | 10/49 | €58,068 | €55,915 | -€2,153 | -3.7% |
| Equity | 10/15 | €4,354 | -€1,567 | -€5,920 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,646 | -€101,567 | -€5,920 | -6.2% |
| Amounts payable | 17/49 | €53,714 | €57,481 | +€3,767 | +7.0% |
| Amounts payable within one year | 42/48 | €53,714 | €57,481 | +€3,767 | +7.0% |
| Trade debts | 44 | €51,909 | €53,811 | +€1,903 | +3.7% |
| Suppliers | 440/4 | €51,909 | €53,811 | +€1,903 | +3.7% |
| Other amounts payable | 47/48 | €1,805 | €3,670 | +€1,865 | +103.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €594 | €362 | -€232 | -39.0% |
| Other operating charges | 640/8 | - | €308 | +€308 | |
| Gross operating margin | 9900 | -€6,168 | -€3,927 | +€2,241 | +36.3% |
| Operating profit (loss) | 9901 | -€6,762 | -€4,598 | +€2,164 | +32.0% |
| Financial charges | 65/66B | €338 | €1,322 | +€985 | +291.3% |
| Recurring financial charges | 65 | €338 | €334 | -€4 | -1.1% |
| Non-recurring financial charges | 66B | - | €988 | +€988 | |
| Profit (loss) for the period before taxes | 9903 | -€7,100 | -€5,920 | +€1,179 | +16.6% |
| Profit (loss) for the period | 9904 | -€7,100 | -€5,920 | +€1,179 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,100 | -€5,920 | +€1,179 | +16.6% |
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 12 October 2026 via checked.be.