Aferbel: 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.
Aferbel
Largest movements
- Cash +€72,100
new in 2024: €72,100
- Current investments -€29,403
no longer reported in 2024 (was €29,403)
- Tangible fixed assets +€29,136
up €29,136 (+59.1%), from €49,283 to €78,419
of which Furniture and vehicles: +€21,338
- Receivables within one year +€14,987
up €14,987 (+82.6%), from €18,150 to €33,137
of which Trade receivables: +€14,987
- Profit (loss) carried forward +€51,576
up €51,576 (+118.3%), from €43,599 to €95,174
- Tax, wage and social debts +€18,030
up €18,030 (+55.1%), from €32,728 to €50,757
of which Taxes: +€12,043
- Debts after one year +€15,852
new in 2024: €15,852
- Trade debts +€3,752
up €3,752 (+523.6%), from €717 to €4,468
- Other debts -€2,271
down €2,271 (-14.2%), from €16,046 to €13,775
- Gross operating margin +€22,027
up €22,027 (+45.8%), from €48,133 to €70,160
- Depreciation +€9,896
up €9,896 (+103.2%), from €9,593 to €19,489
- Staff costs -€4,501
no longer reported in 2024 (was €4,501)
- Taxes +€3,451
up €3,451 (+50.8%), from €6,800 to €10,251
- Financial charges +€1,001
up €1,001 (+91.9%), from €1,089 to €2,090
From the 2022 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.
Cash bridge derived
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,089 | €185,027 | +€86,938 | +88.6% |
| Fixed assets | 21/28 | €49,593 | €78,729 | +€29,136 | +58.8% |
| Tangible fixed assets | 22/27 | €49,283 | €78,419 | +€29,136 | +59.1% |
| Plant, machinery and equipment | 23 | €1,071 | €533 | -€539 | -50.3% |
| Furniture and vehicles | 24 | €24,420 | €45,757 | +€21,338 | +87.4% |
| Other tangible fixed assets | 26 | €23,792 | €32,129 | +€8,337 | +35.0% |
| Financial fixed assets | 28 | €310 | €310 | = | 0.0% |
| Current assets | 29/58 | €48,496 | €106,298 | +€57,802 | +119.2% |
| Amounts receivable within one year | 40/41 | €18,150 | €33,137 | +€14,987 | +82.6% |
| Trade receivables | 40 | €18,150 | €33,137 | +€14,987 | +82.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €29,403 | - | -€29,403 | |
| Cash at bank and in hand | 54/58 | - | €72,100 | +€72,100 | |
| Deferred charges and accrued income | 490/1 | €944 | €1,060 | +€117 | +12.4% |
| Total equity and liabilities | 10/49 | €98,089 | €185,027 | +€86,938 | +88.6% |
| Equity | 10/15 | €48,599 | €100,174 | +€51,576 | +106.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,599 | €95,174 | +€51,576 | +118.3% |
| Amounts payable | 17/49 | €49,491 | €84,853 | +€35,362 | +71.5% |
| Amounts payable after more than one year | 17 | - | €15,852 | +€15,852 | |
| Financial debts | 170/4 | - | €15,852 | +€15,852 | |
| Amounts payable within one year | 42/48 | €49,491 | €69,000 | +€19,510 | +39.4% |
| Trade debts | 44 | €717 | €4,468 | +€3,752 | +523.6% |
| Suppliers | 440/4 | €717 | €4,468 | +€3,752 | +523.6% |
| Taxes, remuneration and social security | 45 | €32,728 | €50,757 | +€18,030 | +55.1% |
| Taxes | 450/3 | €13,830 | €25,873 | +€12,043 | +87.1% |
| Remuneration and social security | 454/9 | €18,897 | €24,884 | +€5,987 | +31.7% |
| Other amounts payable | 47/48 | €16,046 | €13,775 | -€2,271 | -14.2% |
| Remuneration, social security and pensions | 62 | €4,501 | - | -€4,501 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,593 | €19,489 | +€9,896 | +103.2% |
| Other operating charges | 640/8 | €302 | €1,221 | +€920 | +304.9% |
| Gross operating margin | 9900 | €48,133 | €70,160 | +€22,027 | +45.8% |
| Operating profit (loss) | 9901 | €33,737 | €49,449 | +€15,712 | +46.6% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €1,089 | €2,090 | +€1,001 | +91.9% |
| Recurring financial charges | 65 | €1,089 | €2,090 | +€1,001 | +91.9% |
| Profit (loss) for the period before taxes | 9903 | €32,649 | €47,364 | +€14,716 | +45.1% |
| Income taxes | 67/77 | €6,800 | €10,251 | +€3,451 | +50.8% |
| Profit (loss) for the period | 9904 | €25,849 | €37,113 | +€11,264 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,849 | €37,113 | +€11,264 | +43.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.