AFC LEUVEN: 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 LEUVEN
Largest movements
- Receivables within one year +€2,478
up €2,478 (+71.6%), from €3,459 to €5,937
- Cash -€2,433
down €2,433 (-28.4%), from €8,576 to €6,143
mainly Net result for the year (-€53,055) and Trade debts (-€6,193)
- Stocks and contracts -€1,072
down €1,072 (-48.2%), from €2,223 to €1,151
- Profit (loss) carried forward -€53,055
down €53,055 (-497%), from -€10,678 to -€63,734
- Tax, wage and social debts +€39,743
up €39,743 (+365%), from €10,876 to €50,619
of which Remuneration and social security: +€36,585
- Accrued charges and deferred income +€11,792
new in 2025: €11,792
- Other debts +€7,042
up €7,042 (+1,690%), from €417 to €7,458
- Trade debts -€6,193
down €6,193 (-50.9%), from €12,174 to €5,981
- Staff costs +€53,799
up €53,799 (+235%), from €22,879 to €76,678
- Gross operating margin +€15,130
up €15,130 (+86.0%), from €17,588 to €32,719
- Other operating charges +€3,150
up €3,150 (+272%), from €1,160 to €4,309
- Financial charges +€807
up €807 (+1,103%), from €73 to €880
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.
Derived cash bridge
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 | €32,788 | €32,117 | -€671 | -2.0% |
| Fixed assets | 21/28 | €17,516 | €17,643 | +€127 | +0.7% |
| Tangible fixed assets | 22/27 | €11,424 | €11,551 | +€127 | +1.1% |
| Plant, machinery and equipment | 23 | €5,203 | €3,902 | -€1,301 | -25.0% |
| Furniture and vehicles | 24 | €3,582 | €2,621 | -€961 | -26.8% |
| Other tangible fixed assets | 26 | €2,639 | €5,027 | +€2,389 | +90.5% |
| Financial fixed assets | 28 | €6,092 | €6,092 | = | 0.0% |
| Current assets | 29/58 | €15,273 | €14,474 | -€799 | -5.2% |
| Stocks and contracts in progress | 3 | €2,223 | €1,151 | -€1,072 | -48.2% |
| Stocks | 30/36 | €2,223 | €1,151 | -€1,072 | -48.2% |
| Amounts receivable within one year | 40/41 | €3,459 | €5,937 | +€2,478 | +71.6% |
| Other amounts receivable | 41 | €3,459 | €5,937 | +€2,478 | +71.6% |
| Cash at bank and in hand | 54/58 | €8,576 | €6,143 | -€2,433 | -28.4% |
| Deferred charges and accrued income | 490/1 | €1,015 | €1,243 | +€228 | +22.5% |
| Total equity and liabilities | 10/49 | €32,788 | €32,117 | -€671 | -2.0% |
| Equity | 10/15 | €9,322 | -€43,734 | -€53,055 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,678 | -€63,734 | -€53,055 | -497% |
| Amounts payable | 17/49 | €23,467 | €75,851 | +€52,384 | +223% |
| Amounts payable within one year | 42/48 | €23,467 | €64,058 | +€40,592 | +173% |
| Trade debts | 44 | €12,174 | €5,981 | -€6,193 | -50.9% |
| Suppliers | 440/4 | €12,174 | €5,981 | -€6,193 | -50.9% |
| Taxes, remuneration and social security | 45 | €10,876 | €50,619 | +€39,743 | +365% |
| Taxes | 450/3 | €791 | €3,950 | +€3,158 | +399% |
| Remuneration and social security | 454/9 | €10,085 | €46,669 | +€36,585 | +363% |
| Other amounts payable | 47/48 | €417 | €7,458 | +€7,042 | +1,690% |
| Accrued charges and deferred income | 492/3 | - | €11,792 | +€11,792 | |
| Remuneration, social security and pensions | 62 | €22,879 | €76,678 | +€53,799 | +235% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,155 | €3,921 | -€234 | -5.6% |
| Other operating charges | 640/8 | €1,160 | €4,309 | +€3,150 | +272% |
| Gross operating margin | 9900 | €17,588 | €32,719 | +€15,130 | +86.0% |
| Operating profit (loss) | 9901 | -€10,605 | -€52,189 | -€41,584 | -392% |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €73 | €880 | +€807 | +1,103% |
| Recurring financial charges | 65 | €73 | €880 | +€807 | +1,103% |
| Profit (loss) for the period before taxes | 9903 | -€10,678 | -€53,055 | -€42,377 | -397% |
| Profit (loss) for the period | 9904 | -€10,678 | -€53,055 | -€42,377 | -397% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,678 | -€53,055 | -€42,377 | -397% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.