AFERIN: 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.
AFERIN
Largest movements
- Cash +€5,351
up €5,351 (+15.7%), from €34,117 to €39,467
mainly Net result for the year (+€16,435) and Trade debts (+€562)
- Receivables within one year +€4,533
up €4,533 (+39.2%), from €11,561 to €16,094
of which Trade receivables: +€2,679
- Reserves +€16,435
up €16,435 (+81.3%), from €20,221 to €36,656
- Tax, wage and social debts -€5,847
down €5,847 (-59.0%), from €9,917 to €4,070
of which Remuneration and social security: -€4,737
- Other debts -€1,146
down €1,146 (-7.5%), from €15,195 to €14,048
- Gross operating margin -€9,630
down €9,630 (-28.8%), from €33,472 to €23,842
- Financial charges -€463
down €463 (-21.0%), from €2,210 to €1,747
- Other operating charges -€388
down €388 (-38.8%), from €1,001 to €612
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 | €46,177 | €56,181 | +€10,004 | +21.7% |
| Current assets | 29/58 | €46,177 | €56,181 | +€10,004 | +21.7% |
| Amounts receivable within one year | 40/41 | €11,561 | €16,094 | +€4,533 | +39.2% |
| Trade receivables | 40 | €11,561 | €14,240 | +€2,679 | +23.2% |
| Other amounts receivable | 41 | - | €1,854 | +€1,854 | |
| Cash at bank and in hand | 54/58 | €34,117 | €39,467 | +€5,351 | +15.7% |
| Deferred charges and accrued income | 490/1 | €500 | €620 | +€120 | +24.0% |
| Total equity and liabilities | 10/49 | €46,177 | €56,181 | +€10,004 | +21.7% |
| Equity | 10/15 | €20,321 | €36,756 | +€16,435 | +80.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €20,221 | €36,656 | +€16,435 | +81.3% |
| Distributable reserves | 133 | €20,221 | €36,656 | +€16,435 | +81.3% |
| Amounts payable | 17/49 | €25,857 | €19,426 | -€6,431 | -24.9% |
| Amounts payable within one year | 42/48 | €25,857 | €19,426 | -€6,431 | -24.9% |
| Trade debts | 44 | €745 | €1,307 | +€562 | +75.4% |
| Suppliers | 440/4 | €745 | €1,307 | +€562 | +75.4% |
| Taxes, remuneration and social security | 45 | €9,917 | €4,070 | -€5,847 | -59.0% |
| Taxes | 450/3 | €5,179 | €4,070 | -€1,109 | -21.4% |
| Remuneration and social security | 454/9 | €4,737 | - | -€4,737 | |
| Other amounts payable | 47/48 | €15,195 | €14,048 | -€1,146 | -7.5% |
| Other operating charges | 640/8 | €1,001 | €612 | -€388 | -38.8% |
| Gross operating margin | 9900 | €33,472 | €23,842 | -€9,630 | -28.8% |
| Operating profit (loss) | 9901 | €32,471 | €23,230 | -€9,242 | -28.5% |
| Financial income | 75/76B | - | €140 | +€140 | |
| Recurring financial income | 75 | - | €140 | +€140 | |
| Financial charges | 65/66B | €2,210 | €1,747 | -€463 | -21.0% |
| Recurring financial charges | 65 | €2,210 | €1,747 | -€463 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €30,261 | €21,622 | -€8,639 | -28.5% |
| Income taxes | 67/77 | €5,195 | €5,187 | -€8 | -0.2% |
| Profit (loss) for the period | 9904 | €25,066 | €16,435 | -€8,630 | -34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,066 | €16,435 | -€8,630 | -34.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.