Afalinvest: 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.
Afalinvest
Largest movements
- Receivables within one year +€10,934
up €10,934 (+15.1%), from €72,388 to €83,321
of which Other amounts receivable: +€33,749
- Tangible fixed assets -€3,529
down €3,529 (-23.9%), from €14,740 to €11,211
of which Furniture and vehicles: -€2,244
- Financial fixed assets -€1,250
down €1,250 (-100.0%), from €1,250 to €0
- Formation expenses +€1,227
new in 2025: €1,227
- Other debts +€30,095
up €30,095 (+105.9%), from €28,430 to €58,525
- Profit (loss) carried forward -€26,206
down €26,206 (-100.0%), from €26,206 to €0
- Tax, wage and social debts +€6,606
up €6,606 (+78.1%), from €8,464 to €15,070
- Trade debts -€3,554
down €3,554 (-46.6%), from €7,631 to €4,078
- Gross operating margin -€6,667
down €6,667 (-11.3%), from €58,857 to €52,190
- Other operating charges +€5,639
up €5,639 (+1169.7%), from €482 to €6,121
- Taxes -€1,259
down €1,259 (-11.7%), from €10,728 to €9,469
- Financial charges +€813
up €813 (+47.8%), from €1,701 to €2,514
of which Non-recurring financial charges: +€1,250
- Depreciation +€772
up €772 (+28.0%), from €2,757 to €3,529
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 | €90,081 | €97,023 | +€6,942 | +7.7% |
| Formation expenses | 20 | - | €1,227 | +€1,227 | |
| Fixed assets | 21/28 | €15,990 | €11,211 | -€4,779 | -29.9% |
| Tangible fixed assets | 22/27 | €14,740 | €11,211 | -€3,529 | -23.9% |
| Land and buildings | 22 | €5,944 | €5,754 | -€190 | -3.2% |
| Plant, machinery and equipment | 23 | €4,930 | €3,836 | -€1,094 | -22.2% |
| Furniture and vehicles | 24 | €3,865 | €1,621 | -€2,244 | -58.1% |
| Financial fixed assets | 28 | €1,250 | €0 | -€1,250 | -100.0% |
| Current assets | 29/58 | €74,091 | €84,584 | +€10,493 | +14.2% |
| Amounts receivable within one year | 40/41 | €72,388 | €83,321 | +€10,934 | +15.1% |
| Trade receivables | 40 | €23,701 | €886 | -€22,815 | -96.3% |
| Other amounts receivable | 41 | €48,686 | €82,435 | +€33,749 | +69.3% |
| Cash at bank and in hand | 54/58 | €1,703 | €1,263 | -€440 | -25.8% |
| Total equity and liabilities | 10/49 | €90,081 | €97,023 | +€6,942 | +7.7% |
| Equity | 10/15 | €44,806 | €18,600 | -€26,206 | -58.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,206 | €0 | -€26,206 | -100.0% |
| Amounts payable | 17/49 | €45,275 | €78,423 | +€33,148 | +73.2% |
| Amounts payable within one year | 42/48 | €44,525 | €77,673 | +€33,148 | +74.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €7,631 | €4,078 | -€3,554 | -46.6% |
| Suppliers | 440/4 | €7,631 | €4,078 | -€3,554 | -46.6% |
| Taxes, remuneration and social security | 45 | €8,464 | €15,070 | +€6,606 | +78.1% |
| Taxes | 450/3 | €8,464 | €15,070 | +€6,606 | +78.1% |
| Other amounts payable | 47/48 | €28,430 | €58,525 | +€30,095 | +105.9% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,757 | €3,529 | +€772 | +28.0% |
| Other operating charges | 640/8 | €482 | €6,121 | +€5,639 | +1169.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €58,857 | €52,190 | -€6,667 | -11.3% |
| Operating profit (loss) | 9901 | €55,617 | €42,540 | -€13,078 | -23.5% |
| Financial income | 75/76B | €278 | €263 | -€15 | -5.4% |
| Recurring financial income | 75 | €278 | €263 | -€15 | -5.4% |
| Financial charges | 65/66B | €1,701 | €2,514 | +€813 | +47.8% |
| Recurring financial charges | 65 | €1,701 | €1,265 | -€437 | -25.7% |
| Non-recurring financial charges | 66B | - | €1,250 | +€1,250 | |
| Profit (loss) for the period before taxes | 9903 | €54,195 | €40,288 | -€13,906 | -25.7% |
| Income taxes | 67/77 | €10,728 | €9,469 | -€1,259 | -11.7% |
| Profit (loss) for the period | 9904 | €43,466 | €30,819 | -€12,647 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,466 | €30,819 | -€12,647 | -29.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.