Aayo: 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.
Aayo
Largest movements
- Receivables within one year +€7,928
up €7,928 (+119.8%), from €6,618 to €14,546
of which Trade receivables: +€5,643
- Cash -€5,808
down €5,808 (-41.1%), from €14,143 to €8,335
mainly Net result for the year (-€8,873) and Receivables within one year (-€7,928)
- Tangible fixed assets -€4,158
down €4,158 (-48.0%), from €8,661 to €4,503
- Reserves -€8,873
down €8,873 (-36.3%), from €24,454 to €15,580
- Other debts +€4,268
up €4,268 (+145.6%), from €2,931 to €7,200
- Tax, wage and social debts +€1,676
up €1,676 (+104.4%), from €1,606 to €3,283
of which Remuneration and social security: +€1,100
- Trade debts +€974
up €974 (+67.1%), from €1,451 to €2,425
- Gross operating margin +€1,436
up €1,436 (+28.5%), from -€5,041 to -€3,604
- Depreciation +€914
up €914 (+28.2%), from €3,244 to €4,158
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 | €31,442 | €29,488 | -€1,954 | -6.2% |
| Fixed assets | 21/28 | €8,661 | €4,503 | -€4,158 | -48.0% |
| Tangible fixed assets | 22/27 | €8,661 | €4,503 | -€4,158 | -48.0% |
| Furniture and vehicles | 24 | €8,661 | €4,503 | -€4,158 | -48.0% |
| Current assets | 29/58 | €22,781 | €24,986 | +€2,204 | +9.7% |
| Amounts receivable within one year | 40/41 | €6,618 | €14,546 | +€7,928 | +119.8% |
| Trade receivables | 40 | €5,247 | €10,890 | +€5,643 | +107.5% |
| Other amounts receivable | 41 | €1,371 | €3,656 | +€2,285 | +166.7% |
| Cash at bank and in hand | 54/58 | €14,143 | €8,335 | -€5,808 | -41.1% |
| Deferred charges and accrued income | 490/1 | €2,021 | €2,105 | +€84 | +4.2% |
| Total equity and liabilities | 10/49 | €31,442 | €29,488 | -€1,954 | -6.2% |
| Equity | 10/15 | €25,454 | €16,580 | -€8,873 | -34.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €24,454 | €15,580 | -€8,873 | -36.3% |
| Distributable reserves | 133 | €24,454 | €15,580 | -€8,873 | -36.3% |
| Amounts payable | 17/49 | €5,989 | €12,908 | +€6,919 | +115.5% |
| Amounts payable within one year | 42/48 | €5,989 | €12,908 | +€6,919 | +115.5% |
| Trade debts | 44 | €1,451 | €2,425 | +€974 | +67.1% |
| Suppliers | 440/4 | €1,451 | €2,425 | +€974 | +67.1% |
| Taxes, remuneration and social security | 45 | €1,606 | €3,283 | +€1,676 | +104.4% |
| Taxes | 450/3 | €1,606 | €2,183 | +€576 | +35.9% |
| Remuneration and social security | 454/9 | - | €1,100 | +€1,100 | |
| Other amounts payable | 47/48 | €2,931 | €7,200 | +€4,268 | +145.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,244 | €4,158 | +€914 | +28.2% |
| Other operating charges | 640/8 | €866 | €890 | +€24 | +2.7% |
| Gross operating margin | 9900 | -€5,041 | -€3,604 | +€1,436 | +28.5% |
| Operating profit (loss) | 9901 | -€9,151 | -€8,653 | +€499 | +5.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €46 | €56 | +€10 | +21.1% |
| Recurring financial charges | 65 | €46 | €56 | +€10 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,198 | -€8,709 | +€489 | +5.3% |
| Income taxes | 67/77 | €154 | €164 | +€10 | +6.6% |
| Profit (loss) for the period | 9904 | -€9,352 | -€8,873 | +€479 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,352 | -€8,873 | +€479 | +5.1% |
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 9 October 2026 via checked.be.