AFFÉA: 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.
AFFÉA
Largest movements
- Tangible fixed assets -€37,209
down €37,209 (-4.2%), from €889,431 to €852,222
of which Land and buildings: -€38,028
- Debts after one year -€22,641
down €22,641 (-3.7%), from €607,746 to €585,105
of which Financial debts: -€23,902
- Depreciation +€10,316
up €10,316 (+10.4%), from €99,515 to €109,831
- Gross operating margin -€7,013
down €7,013 (-5.3%), from €132,865 to €125,851
- Financial charges -€1,572
down €1,572 (-25.6%), from €6,144 to €4,571
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 | €892,069 | €860,778 | -€31,291 | -3.5% |
| Fixed assets | 21/28 | €889,431 | €852,222 | -€37,209 | -4.2% |
| Tangible fixed assets | 22/27 | €889,431 | €852,222 | -€37,209 | -4.2% |
| Land and buildings | 22 | €556,513 | €518,485 | -€38,028 | -6.8% |
| Furniture and vehicles | 24 | €24,520 | €19,581 | -€4,939 | -20.1% |
| Other tangible fixed assets | 26 | €308,399 | €314,157 | +€5,758 | +1.9% |
| Current assets | 29/58 | €2,638 | €8,556 | +€5,918 | +224.3% |
| Cash at bank and in hand | 54/58 | €2,638 | €8,556 | +€5,918 | +224.3% |
| Total equity and liabilities | 10/49 | €892,069 | €860,778 | -€31,291 | -3.5% |
| Equity | 10/15 | €256,916 | €250,996 | -€5,921 | -2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €551,221 | €551,221 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€314,764 | -€320,685 | -€5,921 | -1.9% |
| Amounts payable | 17/49 | €635,153 | €609,783 | -€25,370 | -4.0% |
| Amounts payable after more than one year | 17 | €607,746 | €585,105 | -€22,641 | -3.7% |
| Financial debts | 170/4 | €172,692 | €148,791 | -€23,902 | -13.8% |
| Other amounts payable | 178/9 | €435,054 | €436,314 | +€1,260 | +0.3% |
| Amounts payable within one year | 42/48 | €27,407 | €24,678 | -€2,729 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €23,362 | €23,902 | +€539 | +2.3% |
| Trade debts | 44 | €345 | €776 | +€431 | +125.2% |
| Suppliers | 440/4 | €345 | €776 | +€431 | +125.2% |
| Taxes, remuneration and social security | 45 | €3,700 | - | -€3,700 | |
| Remuneration and social security | 454/9 | €3,700 | - | -€3,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,515 | €109,831 | +€10,316 | +10.4% |
| Other operating charges | 640/8 | €17,171 | €17,266 | +€94 | +0.5% |
| Non-recurring operating charges | 66A | - | €22 | +€22 | |
| Gross operating margin | 9900 | €132,865 | €125,851 | -€7,013 | -5.3% |
| Operating profit (loss) | 9901 | €16,179 | -€1,267 | -€17,445 | |
| Financial income | 75/76B | €36 | €16 | -€20 | -55.5% |
| Recurring financial income | 75 | €36 | €16 | -€20 | -55.5% |
| Financial charges | 65/66B | €6,144 | €4,571 | -€1,572 | -25.6% |
| Recurring financial charges | 65 | €6,144 | €4,571 | -€1,572 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €10,072 | -€5,822 | -€15,893 | |
| Income taxes | 67/77 | - | €99 | +€99 | |
| Profit (loss) for the period | 9904 | €10,072 | -€5,921 | -€15,992 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,072 | -€5,921 | -€15,992 |
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 9 October 2026 via checked.be.