AFA: what changed
AFA
Largest movements
- Tangible fixed assets +€16,700
new in 2024: €16,700
- Cash -€4,161
down €4,161 (-40.8%), from €10,204 to €6,043
mainly Investment in fixed assets (net) (-€15,400) and Contributions, distributions and other (-€3,593)
- Stocks and contracts +€2,000
new in 2024: €2,000
- Financial fixed assets -€1,300
no longer reported in 2024 (was €1,300)
- Debts after one year +€9,116
new in 2024: €9,116
- Equity +€1,704
up €1,704 (+26.3%), from €6,473 to €8,177
of which Profit (loss) carried forward: +€7,001
- Trade debts +€1,528
up €1,528 (+324%), from €472 to €2,000
- Other debts +€889
up €889 (+630%), from €141 to €1,030
- Purchases and services +€170,400
new in 2024: €170,400
- Gross operating margin +€42,494
up €42,494 (+772%), from €5,506 to €48,000
- Staff costs +€36,000
new in 2024: €36,000
- Other operating charges +€3,948
up €3,948 (+836%), from €472 to €4,420
- Taxes +€842
up €842 (+64.4%), from €1,308 to €2,150
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,508 | €24,743 | +€13,235 | +115% |
| Fixed assets | 21/28 | €1,300 | €16,700 | +€15,400 | +1,185% |
| Tangible fixed assets | 22/27 | - | €16,700 | +€16,700 | |
| Furniture and vehicles | 24 | - | €16,700 | +€16,700 | |
| Financial fixed assets | 28 | €1,300 | - | -€1,300 | |
| Current assets | 29/58 | €10,208 | €8,043 | -€2,165 | -21.2% |
| Stocks and contracts in progress | 3 | - | €2,000 | +€2,000 | |
| Stocks | 30/36 | - | €2,000 | +€2,000 | |
| Amounts receivable within one year | 40/41 | €4 | - | -€4 | |
| Other amounts receivable | 41 | €4 | - | -€4 | |
| Cash at bank and in hand | 54/58 | €10,204 | €6,043 | -€4,161 | -40.8% |
| Total equity and liabilities | 10/49 | €11,508 | €24,743 | +€13,235 | +115% |
| Equity | 10/15 | €6,473 | €8,177 | +€1,704 | +26.3% |
| Contributions | 10/11 | €2,880 | €2,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,593 | €10,594 | +€7,001 | +195% |
| Advance to shareholders on the distribution of net assets | 19 | - | €5,297 | +€5,297 | |
| Amounts payable | 17/49 | €5,035 | €16,566 | +€11,531 | +229% |
| Amounts payable after more than one year | 17 | - | €9,116 | +€9,116 | |
| Financial debts | 170/4 | - | €9,116 | +€9,116 | |
| Amounts payable within one year | 42/48 | €5,035 | €7,450 | +€2,415 | +48.0% |
| Trade debts | 44 | €472 | €2,000 | +€1,528 | +324% |
| Suppliers | 440/4 | €472 | €2,000 | +€1,528 | +324% |
| Taxes, remuneration and social security | 45 | €4,422 | €4,420 | -€2 | 0.0% |
| Taxes | 450/3 | €4,422 | €4,420 | -€2 | 0.0% |
| Other amounts payable | 47/48 | €141 | €1,030 | +€889 | +630% |
| Non-recurring operating income | 76A | - | €218,400 | +€218,400 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €170,400 | +€170,400 | |
| Remuneration, social security and pensions | 62 | - | €36,000 | +€36,000 | |
| Other operating charges | 640/8 | €472 | €4,420 | +€3,948 | +836% |
| Gross operating margin | 9900 | €5,506 | €48,000 | +€42,494 | +772% |
| Operating profit (loss) | 9901 | €5,034 | €7,580 | +€2,546 | +50.6% |
| Financial charges | 65/66B | €133 | €133 | = | 0.0% |
| Recurring financial charges | 65 | €133 | €133 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €4,901 | €7,447 | +€2,546 | +51.9% |
| Income taxes | 67/77 | €1,308 | €2,150 | +€842 | +64.4% |
| Profit (loss) for the period | 9904 | €3,593 | €5,297 | +€1,704 | +47.4% |
| Transfer from tax-exempt reserves | 789 | - | €5,297 | +€5,297 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,593 | €10,594 | +€7,001 | +195% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.