AFFECT2U: 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.
AFFECT2U
Largest movements
- Receivables within one year +€68,738
up €68,738 (+41.9%), from €164,208 to €232,947
of which Trade receivables: +€68,693
- Tangible fixed assets -€52,236
down €52,236 (-57.2%), from €91,365 to €39,130
of which Plant, machinery and equipment: -€46,995
- Intangible fixed assets -€50,698
down €50,698 (-19.4%), from €260,933 to €210,235
- Cash +€43,251
up €43,251 (+126%), from €34,422 to €77,672
mainly Contributions, distributions and other (+€1.3m) and Depreciation (+€93,583)
- Formation expenses -€7,832
down €7,832 (-100%), from €7,832 to €0
- Contributions +€1.3m
up €1.3m (+1,300%), from €100,000 to €1.4m
- Debts after one year -€919,359
down €919,359 (-100%), from €919,359 to €0
of which Other amounts payable: -€819,359
- Trade debts -€250,849
down €250,849 (-68.3%), from €367,022 to €116,174
- Profit (loss) carried forward -€107,837
down €107,837 (-10.6%), from -€1.0m to -€1.1m
- Other debts +€62,062
up €62,062 (+9,548%), from €650 to €62,712
- Staff costs -€137,752
down €137,752 (-13.5%), from €1.0m to €885,958
- Gross operating margin -€33,043
down €33,043 (-3.6%), from €908,758 to €875,715
- Depreciation -€13,942
down €13,942 (-13.0%), from €107,525 to €93,583
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 | €578,224 | €575,868 | -€2,356 | -0.4% |
| Formation expenses | 20 | €7,832 | €0 | -€7,832 | -100% |
| Fixed assets | 21/28 | €356,798 | €253,864 | -€102,934 | -28.8% |
| Intangible fixed assets | 21 | €260,933 | €210,235 | -€50,698 | -19.4% |
| Tangible fixed assets | 22/27 | €91,365 | €39,130 | -€52,236 | -57.2% |
| Plant, machinery and equipment | 23 | €81,051 | €34,056 | -€46,995 | -58.0% |
| Furniture and vehicles | 24 | €10,315 | €5,074 | -€5,241 | -50.8% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €213,594 | €322,003 | +€108,409 | +50.8% |
| Amounts receivable within one year | 40/41 | €164,208 | €232,947 | +€68,738 | +41.9% |
| Trade receivables | 40 | €164,208 | €232,901 | +€68,693 | +41.8% |
| Other amounts receivable | 41 | - | €45 | +€45 | |
| Cash at bank and in hand | 54/58 | €34,422 | €77,672 | +€43,251 | +126% |
| Deferred charges and accrued income | 490/1 | €14,964 | €11,384 | -€3,580 | -23.9% |
| Total equity and liabilities | 10/49 | €578,224 | €575,868 | -€2,356 | -0.4% |
| Equity | 10/15 | -€914,314 | €277,849 | +€1.2m | |
| Contributions | 10/11 | €100,000 | €1,400,000 | +€1.3m | +1,300% |
| Profit (loss) carried forward | 14 | -€1,014,314 | -€1,122,151 | -€107,837 | -10.6% |
| Amounts payable | 17/49 | €1,492,539 | €298,019 | -€1.2m | -80.0% |
| Amounts payable after more than one year | 17 | €919,359 | €0 | -€919,359 | -100% |
| Financial debts | 170/4 | €100,000 | €0 | -€100,000 | -100% |
| Other amounts payable | 178/9 | €819,359 | €0 | -€819,359 | -100% |
| Amounts payable within one year | 42/48 | €573,180 | €298,019 | -€275,161 | -48.0% |
| Current portion of amounts payable after more than one year | 42 | €51,691 | €0 | -€51,691 | -100% |
| Trade debts | 44 | €367,022 | €116,174 | -€250,849 | -68.3% |
| Suppliers | 440/4 | €367,022 | €116,174 | -€250,849 | -68.3% |
| Advances received on contracts in progress | 46 | €2,592 | €0 | -€2,592 | -100% |
| Taxes, remuneration and social security | 45 | €151,224 | €119,133 | -€32,091 | -21.2% |
| Taxes | 450/3 | €34,955 | €22,246 | -€12,709 | -36.4% |
| Remuneration and social security | 454/9 | €116,269 | €96,888 | -€19,382 | -16.7% |
| Other amounts payable | 47/48 | €650 | €62,712 | +€62,062 | +9,548% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,023,710 | €885,958 | -€137,752 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,525 | €93,583 | -€13,942 | -13.0% |
| Other operating charges | 640/8 | €4,516 | €1,244 | -€3,272 | -72.5% |
| Gross operating margin | 9900 | €908,758 | €875,715 | -€33,043 | -3.6% |
| Operating profit (loss) | 9901 | -€226,992 | -€105,070 | +€121,922 | +53.7% |
| Financial income | 75/76B | €4,505 | €1,580 | -€2,925 | -64.9% |
| Recurring financial income | 75 | €4,505 | €1,580 | -€2,925 | -64.9% |
| Financial charges | 65/66B | €3,694 | €4,346 | +€652 | +17.7% |
| Recurring financial charges | 65 | €3,694 | €4,346 | +€652 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | -€226,181 | -€107,837 | +€118,345 | +52.3% |
| Profit (loss) for the period | 9904 | -€226,181 | -€107,837 | +€118,345 | +52.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€226,181 | -€107,837 | +€118,345 | +52.3% |
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 14 October 2026 via checked.be.