AFANE INVEST: what changed
AFANE INVEST
Largest movements
- Receivables within one year +€74,169
up €74,169 (+44.9%), from €165,140 to €239,309
of which Trade receivables: +€76,559
- Tangible fixed assets -€4,188
no longer reported in 2024 (was €4,188)
- Cash -€3,069
down €3,069 (-82.6%), from €3,717 to €648
mainly Receivables within one year (-€74,169) and Trade debts (-€19,496)
- Other debts +€81,175
up €81,175 (+380%), from €21,338 to €102,513
- Trade debts -€19,496
down €19,496 (-72.9%), from €26,748 to €7,251
- Profit (loss) carried forward +€5,233
up €5,233 (+4.9%), from €107,309 to €112,542
- Gross operating margin +€13,677
up €13,677, from -€6,471 to €7,206
- Depreciation -€1,910
no longer reported in 2024 (was €1,910)
- Other operating charges +€532
up €532 (+37.7%), from €1,409 to €1,941
- Financial charges -€459
down €459 (-92.5%), from €497 to €37
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 | €175,855 | €242,767 | +€66,912 | +38.0% |
| Fixed assets | 21/28 | €6,998 | €2,810 | -€4,188 | -59.8% |
| Tangible fixed assets | 22/27 | €4,188 | - | -€4,188 | |
| Furniture and vehicles | 24 | €4,188 | - | -€4,188 | |
| Financial fixed assets | 28 | €2,810 | €2,810 | = | 0.0% |
| Current assets | 29/58 | €168,857 | €239,957 | +€71,100 | +42.1% |
| Amounts receivable within one year | 40/41 | €165,140 | €239,309 | +€74,169 | +44.9% |
| Trade receivables | 40 | €76,079 | €152,637 | +€76,559 | +101% |
| Other amounts receivable | 41 | €89,061 | €86,672 | -€2,390 | -2.7% |
| Cash at bank and in hand | 54/58 | €3,717 | €648 | -€3,069 | -82.6% |
| Total equity and liabilities | 10/49 | €175,855 | €242,767 | +€66,912 | +38.0% |
| Equity | 10/15 | €127,769 | €133,002 | +€5,233 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €107,309 | €112,542 | +€5,233 | +4.9% |
| Amounts payable | 17/49 | €48,086 | €109,765 | +€61,679 | +128% |
| Amounts payable within one year | 42/48 | €48,086 | €109,765 | +€61,679 | +128% |
| Trade debts | 44 | €26,748 | €7,251 | -€19,496 | -72.9% |
| Suppliers | 440/4 | €26,748 | €7,251 | -€19,496 | -72.9% |
| Other amounts payable | 47/48 | €21,338 | €102,513 | +€81,175 | +380% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,910 | - | -€1,910 | |
| Other operating charges | 640/8 | €1,409 | €1,941 | +€532 | +37.7% |
| Gross operating margin | 9900 | -€6,471 | €7,206 | +€13,677 | |
| Operating profit (loss) | 9901 | -€9,791 | €5,265 | +€15,056 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €497 | €37 | -€459 | -92.5% |
| Recurring financial charges | 65 | €497 | €37 | -€459 | -92.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,284 | €5,228 | +€15,512 | |
| Income taxes | 67/77 | €20 | -€6 | -€25 | |
| Profit (loss) for the period | 9904 | -€10,304 | €5,233 | +€15,537 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,304 | €5,233 | +€15,537 |
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 4 November 2026 via checked.be.