AFFELAK: 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.
AFFELAK
Largest movements
- Stocks and contracts -€11,230
down €11,230 (-74.9%), from €15,000 to €3,770
- Cash -€1,144
down €1,144 (-97.0%), from €1,179 to €35
mainly Net result for the year (-€25,316) and Trade debts (-€7,258)
- Receivables within one year +€527
up €527 (+2.1%), from €25,170 to €25,697
- Profit (loss) carried forward -€25,316
down €25,316 (-26.1%), from -€96,921 to -€122,238
- Other debts +€14,547
up €14,547 (+18.4%), from €79,016 to €93,563
- Accrued charges and deferred income +€7,890
new in 2024: €7,890
- Trade debts -€7,258
down €7,258 (-80.6%), from €9,007 to €1,749
- Tax, wage and social debts -€1,709
down €1,709 (-5.4%), from €31,648 to €29,939
- Turnover -€23,456
down €23,456 (-53.8%), from €43,598 to €20,141
- Purchases and services -€12,894
down €12,894 (-22.2%), from €58,131 to €45,237
- Gross operating margin -€10,609
down €10,609 (-73.0%), from -€14,534 to -€25,142
- Taxes -€3,189
no longer reported in 2024 (was €3,189)
- Depreciation -€1,167
no longer reported in 2024 (was €1,167)
From the 2023 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,349 | €29,503 | -€11,847 | -28.7% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €41,349 | €29,503 | -€11,847 | -28.7% |
| Stocks and contracts in progress | 3 | €15,000 | €3,770 | -€11,230 | -74.9% |
| Stocks | 30/36 | €15,000 | €3,770 | -€11,230 | -74.9% |
| Amounts receivable within one year | 40/41 | €25,170 | €25,697 | +€527 | +2.1% |
| Other amounts receivable | 41 | €25,170 | €25,697 | +€527 | +2.1% |
| Cash at bank and in hand | 54/58 | €1,179 | €35 | -€1,144 | -97.0% |
| Total equity and liabilities | 10/49 | €41,349 | €29,503 | -€11,847 | -28.7% |
| Equity | 10/15 | -€78,321 | -€103,638 | -€25,316 | -32.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,921 | -€122,238 | -€25,316 | -26.1% |
| Amounts payable | 17/49 | €119,671 | €133,140 | +€13,470 | +11.3% |
| Amounts payable within one year | 42/48 | €119,671 | €125,250 | +€5,580 | +4.7% |
| Trade debts | 44 | €9,007 | €1,749 | -€7,258 | -80.6% |
| Suppliers | 440/4 | €9,007 | €1,749 | -€7,258 | -80.6% |
| Taxes, remuneration and social security | 45 | €31,648 | €29,939 | -€1,709 | -5.4% |
| Taxes | 450/3 | €31,648 | €29,939 | -€1,709 | -5.4% |
| Other amounts payable | 47/48 | €79,016 | €93,563 | +€14,547 | +18.4% |
| Accrued charges and deferred income | 492/3 | - | €7,890 | +€7,890 | |
| Turnover | 70 | €43,598 | €20,141 | -€23,456 | -53.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €58,131 | €45,237 | -€12,894 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,167 | - | -€1,167 | |
| Other operating charges | 640/8 | €658 | €174 | -€484 | -73.6% |
| Gross operating margin | 9900 | -€14,534 | -€25,142 | -€10,609 | -73.0% |
| Operating profit (loss) | 9901 | -€16,358 | -€25,316 | -€8,958 | -54.8% |
| Financial charges | 65/66B | €213 | - | -€213 | |
| Recurring financial charges | 65 | €213 | - | -€213 | |
| Profit (loss) for the period before taxes | 9903 | -€16,572 | -€25,316 | -€8,745 | -52.8% |
| Income taxes | 67/77 | €3,189 | - | -€3,189 | |
| Profit (loss) for the period | 9904 | -€19,761 | -€25,316 | -€5,555 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,761 | -€25,316 | -€5,555 | -28.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.