AFFIDES: 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.
AFFIDES
Largest movements
- Tangible fixed assets -€13,771
down €13,771 (-27.1%), from €50,895 to €37,124
of which Furniture and vehicles: -€8,707
- Current investments -€4,000
down €4,000 (-9.0%), from €44,500 to €40,500
- Deferred charges and accrued income -€3,974
down €3,974 (-29.3%), from €13,565 to €9,591
- Cash -€2,965
down €2,965 (-9.5%), from €31,154 to €28,189
mainly Other debts (-€43,331) and Contributions, distributions and other (-€19,200)
- Other debts -€43,331
down €43,331 (-71.8%), from €60,323 to €16,992
- Short-term financial debts +€20,140
new in 2025: €20,140
of which Other loans: +€20,000
- Reserves -€2,296
down €2,296 (-12.0%), from €19,200 to €16,904
- Taxes -€3,204
down €3,204 (-37.8%), from €8,477 to €5,273
- Gross operating margin -€3,033
down €3,033 (-7.1%), from €42,476 to €39,443
- Financial charges +€1,417
up €1,417 (+52.8%), from €2,686 to €4,102
- Other operating charges +€998
up €998 (+736.4%), from €136 to €1,134
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 | €153,753 | €129,903 | -€23,850 | -15.5% |
| Fixed assets | 21/28 | €50,895 | €37,124 | -€13,771 | -27.1% |
| Tangible fixed assets | 22/27 | €50,895 | €37,124 | -€13,771 | -27.1% |
| Plant, machinery and equipment | 23 | €1,750 | €1,225 | -€525 | -30.0% |
| Furniture and vehicles | 24 | €28,911 | €20,205 | -€8,707 | -30.1% |
| Other tangible fixed assets | 26 | €20,233 | €15,694 | -€4,539 | -22.4% |
| Current assets | 29/58 | €102,858 | €92,779 | -€10,079 | -9.8% |
| Amounts receivable within one year | 40/41 | €13,639 | €14,499 | +€860 | +6.3% |
| Trade receivables | 40 | €11,746 | €12,415 | +€669 | +5.7% |
| Other amounts receivable | 41 | €1,893 | €2,085 | +€191 | +10.1% |
| Current investments | 50/53 | €44,500 | €40,500 | -€4,000 | -9.0% |
| Cash at bank and in hand | 54/58 | €31,154 | €28,189 | -€2,965 | -9.5% |
| Deferred charges and accrued income | 490/1 | €13,565 | €9,591 | -€3,974 | -29.3% |
| Total equity and liabilities | 10/49 | €153,753 | €129,903 | -€23,850 | -15.5% |
| Equity | 10/15 | €37,800 | €35,504 | -€2,296 | -6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,200 | €16,904 | -€2,296 | -12.0% |
| Distributable reserves | 133 | €19,200 | €16,904 | -€2,296 | -12.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €115,953 | €94,399 | -€21,554 | -18.6% |
| Amounts payable after more than one year | 17 | €34,320 | €34,794 | +€475 | +1.4% |
| Financial debts | 170/4 | €34,320 | €34,794 | +€475 | +1.4% |
| Amounts payable within one year | 42/48 | €81,634 | €59,415 | -€22,219 | -27.2% |
| Current portion of amounts payable after more than one year | 42 | €19,023 | €19,525 | +€502 | +2.6% |
| Financial debts | 43 | - | €20,140 | +€20,140 | |
| Credit institutions | 430/8 | - | €140 | +€140 | |
| Other loans | 439 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €100 | €51 | -€49 | -49.2% |
| Suppliers | 440/4 | €100 | €51 | -€49 | -49.2% |
| Taxes, remuneration and social security | 45 | €2,188 | €2,707 | +€519 | +23.7% |
| Taxes | 450/3 | €2,188 | €2,707 | +€519 | +23.7% |
| Other amounts payable | 47/48 | €60,323 | €16,992 | -€43,331 | -71.8% |
| Accrued charges and deferred income | 492/3 | €0 | €190 | +€190 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,771 | €13,771 | +€0 | 0.0% |
| Other operating charges | 640/8 | €136 | €1,134 | +€998 | +736.4% |
| Gross operating margin | 9900 | €42,476 | €39,443 | -€3,033 | -7.1% |
| Operating profit (loss) | 9901 | €28,570 | €24,539 | -€4,031 | -14.1% |
| Financial income | 75/76B | €1,793 | €1,741 | -€52 | -2.9% |
| Recurring financial income | 75 | €1,793 | €1,741 | -€52 | -2.9% |
| Financial charges | 65/66B | €2,686 | €4,102 | +€1,417 | +52.8% |
| Recurring financial charges | 65 | €2,686 | €4,102 | +€1,417 | +52.8% |
| Profit (loss) for the period before taxes | 9903 | €27,677 | €22,177 | -€5,500 | -19.9% |
| Income taxes | 67/77 | €8,477 | €5,273 | -€3,204 | -37.8% |
| Profit (loss) for the period | 9904 | €19,200 | €16,904 | -€2,296 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,200 | €16,904 | -€2,296 | -12.0% |
Source: filed annual accounts (NBB), fiscal 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.