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AACH: 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.

What changed

AACH

BE 0802.604.625
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€587
2024 · -€122-€465
Equity
€499
2024 · €1,086-€587
Cash
€899
2024 · €1,486-€587
Balance sheet total
€899
2024 · €2,018-€1,119

Largest movements

2024 to 2025
Assets
  • Cash -€587

    down €587 (-39.5%), from €1,486 to €899

    mainly Net result for the year (-€587) and Accrued charges and deferred income (-€532)

  • Deferred charges and accrued income -€532

    no longer reported in 2025 (was €532)

Equity and liabilities
  • Profit (loss) carried forward -€587

    down €587 (-30.7%), from -€1,914 to -€2,501

  • Accrued charges and deferred income -€532

    no longer reported in 2025 (was €532)

Income statement
  • Gross operating margin -€435

    down €435 (-681.7%), from -€64 to -€499

  • Financial charges +€30

    up €30 (+51.1%), from €58 to €88

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€122
Gross operating margin -€435
Financial charges -€30
Result 2025 -€587

Cash bridge derived

cash 2024 to 2025

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.

From operations -€587
Investment €0
Financing €0
Cash 2024 €1,486
Net result for the year -€587
Deferred charges and accrued income +€532
Accrued charges and deferred income -€532
Cash 2025 €899
Every line side by side 19 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,018 €899 -€1,119 -55.4%
Current assets 29/58 €2,018 €899 -€1,119 -55.4%
Cash at bank and in hand 54/58 €1,486 €899 -€587 -39.5%
Deferred charges and accrued income 490/1 €532 - -€532
Total equity and liabilities 10/49 €2,018 €899 -€1,119 -55.4%
Equity 10/15 €1,086 €499 -€587 -54.1%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 -€1,914 -€2,501 -€587 -30.7%
Amounts payable 17/49 €932 €400 -€532 -57.1%
Amounts payable within one year 42/48 €400 €400 = 0.0%
Other amounts payable 47/48 €400 €400 = 0.0%
Accrued charges and deferred income 492/3 €532 - -€532
Gross operating margin 9900 -€64 -€499 -€435 -681.7%
Operating profit (loss) 9901 -€64 -€499 -€435 -681.7%
Financial charges 65/66B €58 €88 +€30 +51.1%
Recurring financial charges 65 €58 €88 +€30 +51.1%
Profit (loss) for the period before taxes 9903 -€122 -€587 -€465 -380.5%
Profit (loss) for the period 9904 -€122 -€587 -€465 -380.5%
Profit (loss) for the period to be appropriated 9905 -€122 -€587 -€465 -380.5%

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 29 September 2026 via checked.be.