AFAMIA: 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.
AFAMIA
Largest movements
- Cash +€9,759
up €9,759 (+20.6%), from €47,283 to €57,042
mainly Net result for the year (+€9,711) and Depreciation (+€7,584)
- Receivables within one year +€7,961
up €7,961 (+12.0%), from €66,416 to €74,377
of which Trade receivables: +€21,473
- Tangible fixed assets -€6,706
down €6,706 (-16.3%), from €41,193 to €34,487
of which Other tangible fixed assets: -€3,607
- Stocks and contracts +€2,318
up €2,318 (+50.0%), from €4,634 to €6,952
- Reserves +€9,711
up €9,711 (+8.4%), from €116,168 to €125,879
- Tax, wage and social debts +€3,320
up €3,320 (+24.9%), from €13,338 to €16,658
of which Taxes: +€3,934
- Gross operating margin -€40,175
down €40,175 (-59.6%), from €67,392 to €27,217
- Depreciation -€8,417
down €8,417 (-52.6%), from €16,001 to €7,584
- Staff costs -€6,823
down €6,823 (-27.7%), from €24,639 to €17,816
- Taxes -€6,151
down €6,151 (-56.9%), from €10,815 to €4,664
- Financial income +€3,254
up €3,254 (+23.9%), from €13,642 to €16,895
of which Financial income: +€3,254
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 | €160,117 | €173,448 | +€13,332 | +8.3% |
| Fixed assets | 21/28 | €41,783 | €35,077 | -€6,706 | -16.0% |
| Tangible fixed assets | 22/27 | €41,193 | €34,487 | -€6,706 | -16.3% |
| Plant, machinery and equipment | 23 | €628 | - | -€628 | |
| Furniture and vehicles | 24 | €11,470 | €9,000 | -€2,470 | -21.5% |
| Other tangible fixed assets | 26 | €29,095 | €25,488 | -€3,607 | -12.4% |
| Financial fixed assets | 28 | €590 | €590 | = | 0.0% |
| Current assets | 29/58 | €118,334 | €138,371 | +€20,038 | +16.9% |
| Stocks and contracts in progress | 3 | €4,634 | €6,952 | +€2,318 | +50.0% |
| Stocks | 30/36 | €4,634 | €6,952 | +€2,318 | +50.0% |
| Amounts receivable within one year | 40/41 | €66,416 | €74,377 | +€7,961 | +12.0% |
| Trade receivables | 40 | - | €21,473 | +€21,473 | |
| Other amounts receivable | 41 | €66,416 | €52,905 | -€13,512 | -20.3% |
| Cash at bank and in hand | 54/58 | €47,283 | €57,042 | +€9,759 | +20.6% |
| Total equity and liabilities | 10/49 | €160,117 | €173,448 | +€13,332 | +8.3% |
| Equity | 10/15 | €141,168 | €150,879 | +€9,711 | +6.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €116,168 | €125,879 | +€9,711 | +8.4% |
| Distributable reserves | 133 | €116,168 | €125,879 | +€9,711 | +8.4% |
| Amounts payable | 17/49 | €18,948 | €22,569 | +€3,621 | +19.1% |
| Amounts payable within one year | 42/48 | €18,948 | €22,569 | +€3,621 | +19.1% |
| Trade debts | 44 | €5,610 | €5,911 | +€301 | +5.4% |
| Suppliers | 440/4 | €5,610 | €5,911 | +€301 | +5.4% |
| Taxes, remuneration and social security | 45 | €13,338 | €16,658 | +€3,320 | +24.9% |
| Taxes | 450/3 | €11,959 | €15,893 | +€3,934 | +32.9% |
| Remuneration and social security | 454/9 | €1,379 | €765 | -€614 | -44.5% |
| Remuneration, social security and pensions | 62 | €24,639 | €17,816 | -€6,823 | -27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,001 | €7,584 | -€8,417 | -52.6% |
| Other operating charges | 640/8 | €1,064 | €400 | -€664 | -62.4% |
| Gross operating margin | 9900 | €67,392 | €27,217 | -€40,175 | -59.6% |
| Operating profit (loss) | 9901 | €25,687 | €1,417 | -€24,270 | -94.5% |
| Financial income | 75/76B | €13,642 | €16,895 | +€3,254 | +23.9% |
| Recurring financial income | 75 | €13,642 | €16,895 | +€3,254 | +23.9% |
| Non-recurring financial income | 76B | €13,642 | €16,895 | +€3,254 | +23.9% |
| Financial charges | 65/66B | €1,782 | €3,938 | +€2,155 | +120.9% |
| Recurring financial charges | 65 | €1,782 | €3,938 | +€2,155 | +120.9% |
| Profit (loss) for the period before taxes | 9903 | €37,547 | €14,375 | -€23,172 | -61.7% |
| Income taxes | 67/77 | €10,815 | €4,664 | -€6,151 | -56.9% |
| Profit (loss) for the period | 9904 | €26,732 | €9,711 | -€17,021 | -63.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,732 | €9,711 | -€17,021 | -63.7% |
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 8 October 2026 via checked.be.