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AFFIMMO: 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.

What changed

AFFIMMO

BE 0831.944.848
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€19,277
2024 · -€1,760-€17,517
Equity
-€11,033
2024 · €8,244-€19,277
Cash
€369
2024 · €47+€323
Balance sheet total
€196,416
2024 · €211,732-€15,316

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€15,638

    down €15,638 (-7.4%), from €211,685 to €196,047

Equity and liabilities
  • Other debts +€34,657

    up €34,657 (+22.7%), from €152,454 to €187,111

  • Profit (loss) carried forward -€19,277

    down €19,277 (-23.3%), from -€82,756 to -€102,033

  • Debts after one year -€18,555

    no longer reported in 2025 (was €18,555)

  • Current portion of long-term debt -€12,385

    down €12,385 (-40.0%), from €30,940 to €18,555

Income statement
  • Gross operating margin -€18,410

    down €18,410 (-89.4%), from €20,589 to €2,179

  • Financial charges -€1,064

    down €1,064 (-44.5%), from €2,390 to €1,326

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€1,760
Gross operating margin -€18,410
Other operating charges -€171
Financial charges +€1,064
Result 2025 -€19,277

Cash bridge derived

cash 2024 to 2025

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.

From operations +€31,263
Investment €0
Financing -€30,940
Cash 2024 €47
Net result for the year -€19,277
Depreciation +€15,638
Trade debts +€244
Other debts +€34,657
Debts after one year -€18,555
Current portion of long-term debt -€12,385
Cash 2025 €369
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €211,732 €196,416 -€15,316 -7.2%
Fixed assets 21/28 €211,685 €196,047 -€15,638 -7.4%
Tangible fixed assets 22/27 €211,685 €196,047 -€15,638 -7.4%
Land and buildings 22 €211,685 €196,047 -€15,638 -7.4%
Current assets 29/58 €47 €369 +€323 +694.1%
Cash at bank and in hand 54/58 €47 €369 +€323 +694.1%
Total equity and liabilities 10/49 €211,732 €196,416 -€15,316 -7.2%
Equity 10/15 €8,244 -€11,033 -€19,277
Contributions 10/11 €90,000 €90,000 = 0.0%
Capital 10 €90,000 €90,000 = 0.0%
Issued capital 100 €90,000 €90,000 = 0.0%
Reserves 13 €1,000 €1,000 = 0.0%
Non-distributable reserves 130/1 €1,000 €1,000 = 0.0%
Legal reserve 130 €1,000 €1,000 = 0.0%
Profit (loss) carried forward 14 -€82,756 -€102,033 -€19,277 -23.3%
Amounts payable 17/49 €203,488 €207,449 +€3,961 +1.9%
Amounts payable after more than one year 17 €18,555 - -€18,555
Financial debts 170/4 €18,555 - -€18,555
Amounts payable within one year 42/48 €184,933 €207,449 +€22,516 +12.2%
Current portion of amounts payable after more than one year 42 €30,940 €18,555 -€12,385 -40.0%
Trade debts 44 €1,540 €1,783 +€244 +15.8%
Suppliers 440/4 €1,540 €1,783 +€244 +15.8%
Other amounts payable 47/48 €152,454 €187,111 +€34,657 +22.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €15,638 €15,638 = 0.0%
Other operating charges 640/8 €4,321 €4,491 +€171 +3.9%
Gross operating margin 9900 €20,589 €2,179 -€18,410 -89.4%
Operating profit (loss) 9901 €630 -€17,951 -€18,581
Financial charges 65/66B €2,390 €1,326 -€1,064 -44.5%
Recurring financial charges 65 €2,390 €1,326 -€1,064 -44.5%
Profit (loss) for the period before taxes 9903 -€1,760 -€19,277 -€17,517 -995.1%
Profit (loss) for the period 9904 -€1,760 -€19,277 -€17,517 -995.1%
Profit (loss) for the period to be appropriated 9905 -€1,760 -€19,277 -€17,517 -995.1%

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 28 September 2026 via checked.be.