AFC ANTWERP: 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.
AFC ANTWERP
Largest movements
- Cash +€20,123
up €20,123 (+429%), from €4,692 to €24,815
mainly Net result for the year (+€20,706) and Tax, wage and social debts (+€12,100)
- Stocks and contracts -€8,603
down €8,603 (-86.8%), from €9,907 to €1,304
- Tangible fixed assets -€5,644
down €5,644 (-29.4%), from €19,184 to €13,540
of which Other tangible fixed assets: -€3,976
- Other debts -€30,870
down €30,870 (-21.6%), from €142,865 to €111,994
- Profit (loss) carried forward +€20,706
up €20,706 (+21.7%), from -€95,481 to -€74,775
- Tax, wage and social debts +€12,100
up €12,100 (+59.4%), from €20,375 to €32,475
- Trade debts +€2,790
up €2,790 (+7.2%), from €38,805 to €41,595
- Gross operating margin +€110,024
up €110,024, from -€82,152 to €27,872
- Depreciation -€4,260
down €4,260 (-43.0%), from €9,904 to €5,644
- Other operating charges -€1,526
down €1,526 (-49.5%), from €3,081 to €1,555
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €146,563 | €151,289 | +€4,726 | +3.2% |
| Fixed assets | 21/28 | €19,184 | €13,540 | -€5,644 | -29.4% |
| Tangible fixed assets | 22/27 | €19,184 | €13,540 | -€5,644 | -29.4% |
| Plant, machinery and equipment | 23 | €5,424 | €3,931 | -€1,493 | -27.5% |
| Furniture and vehicles | 24 | €452 | €277 | -€175 | -38.7% |
| Other tangible fixed assets | 26 | €13,308 | €9,332 | -€3,976 | -29.9% |
| Current assets | 29/58 | €127,379 | €137,750 | +€10,370 | +8.1% |
| Stocks and contracts in progress | 3 | €9,907 | €1,304 | -€8,603 | -86.8% |
| Stocks | 30/36 | €9,907 | €1,304 | -€8,603 | -86.8% |
| Amounts receivable within one year | 40/41 | €112,780 | €111,630 | -€1,150 | -1.0% |
| Trade receivables | 40 | €104,796 | €110,020 | +€5,224 | +5.0% |
| Other amounts receivable | 41 | €7,984 | €1,610 | -€6,374 | -79.8% |
| Cash at bank and in hand | 54/58 | €4,692 | €24,815 | +€20,123 | +429% |
| Total equity and liabilities | 10/49 | €146,563 | €151,289 | +€4,726 | +3.2% |
| Equity | 10/15 | -€55,481 | -€34,775 | +€20,706 | +37.3% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Capital | 10 | €40,000 | €40,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Uncalled capital | 101 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,481 | -€74,775 | +€20,706 | +21.7% |
| Amounts payable | 17/49 | €202,044 | €186,064 | -€15,980 | -7.9% |
| Amounts payable within one year | 42/48 | €202,044 | €186,064 | -€15,980 | -7.9% |
| Trade debts | 44 | €38,805 | €41,595 | +€2,790 | +7.2% |
| Suppliers | 440/4 | €38,805 | €41,595 | +€2,790 | +7.2% |
| Taxes, remuneration and social security | 45 | €20,375 | €32,475 | +€12,100 | +59.4% |
| Remuneration and social security | 454/9 | €20,375 | €32,475 | +€12,100 | +59.4% |
| Other amounts payable | 47/48 | €142,865 | €111,994 | -€30,870 | -21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,904 | €5,644 | -€4,260 | -43.0% |
| Other operating charges | 640/8 | €3,081 | €1,555 | -€1,526 | -49.5% |
| Gross operating margin | 9900 | -€82,152 | €27,872 | +€110,024 | |
| Operating profit (loss) | 9901 | -€95,137 | €20,673 | +€115,810 | |
| Financial income | 75/76B | €9 | €150 | +€141 | +1,523% |
| Recurring financial income | 75 | €9 | €150 | +€141 | +1,523% |
| Financial charges | 65/66B | €353 | €117 | -€236 | -66.9% |
| Recurring financial charges | 65 | €353 | €117 | -€236 | -66.9% |
| Profit (loss) for the period before taxes | 9903 | -€95,481 | €20,706 | +€116,187 | |
| Profit (loss) for the period | 9904 | -€95,481 | €20,706 | +€116,187 | |
| Profit (loss) for the period to be appropriated | 9905 | -€95,481 | €20,706 | +€116,187 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.