AFFINITE: 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.
AFFINITE
Largest movements
- Receivables within one year +€51,364
up €51,364 (+33.6%), from €152,705 to €204,069
of which Other amounts receivable: +€43,119
- Tangible fixed assets -€35,080
down €35,080 (-24.7%), from €141,755 to €106,675
of which Furniture and vehicles: -€33,832
- Cash -€33,898
down €33,898 (-92.5%), from €36,639 to €2,740
mainly Receivables within one year (-€51,364) and Debts after one year (-€15,764)
- Deferred charges and accrued income -€13,543
down €13,543 (-100.0%), from €13,543 to €0
- Debts after one year -€15,764
down €15,764 (-51.3%), from €30,739 to €14,975
- Other debts -€11,500
down €11,500 (-62.2%), from €18,500 to €7,000
- Current portion of long-term debt -€7,360
down €7,360 (-30.3%), from €24,279 to €16,919
- Gross operating margin -€10,390
down €10,390 (-15.1%), from €68,920 to €58,530
- Depreciation +€5,938
up €5,938 (+18.8%), from €31,558 to €37,495
- Other operating charges -€4,746
down €4,746 (-73.7%), from €6,436 to €1,690
- Taxes -€2,711
down €2,711 (-30.1%), from €8,996 to €6,285
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 | €344,641 | €313,485 | -€31,157 | -9.0% |
| Fixed assets | 21/28 | €141,755 | €106,675 | -€35,080 | -24.7% |
| Tangible fixed assets | 22/27 | €141,755 | €106,675 | -€35,080 | -24.7% |
| Plant, machinery and equipment | 23 | €9,126 | €7,879 | -€1,247 | -13.7% |
| Furniture and vehicles | 24 | €132,629 | €98,797 | -€33,832 | -25.5% |
| Current assets | 29/58 | €202,886 | €206,809 | +€3,923 | +1.9% |
| Amounts receivable within one year | 40/41 | €152,705 | €204,069 | +€51,364 | +33.6% |
| Trade receivables | 40 | €152,705 | €160,950 | +€8,244 | +5.4% |
| Other amounts receivable | 41 | - | €43,119 | +€43,119 | |
| Cash at bank and in hand | 54/58 | €36,639 | €2,740 | -€33,898 | -92.5% |
| Deferred charges and accrued income | 490/1 | €13,543 | €0 | -€13,543 | -100.0% |
| Total equity and liabilities | 10/49 | €344,641 | €313,485 | -€31,157 | -9.0% |
| Equity | 10/15 | €232,086 | €236,276 | +€4,190 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €104,261 | €107,261 | +€3,000 | +2.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,401 | €6,401 | = | 0.0% |
| Distributable reserves | 133 | €96,000 | €99,000 | +€3,000 | +3.1% |
| Profit (loss) carried forward | 14 | €109,226 | €110,416 | +€1,190 | +1.1% |
| Provisions and deferred taxes | 16 | €20,429 | €20,429 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,429 | €20,429 | = | 0.0% |
| Environmental obligations | 163 | €20,429 | €20,429 | = | 0.0% |
| Amounts payable | 17/49 | €92,126 | €56,780 | -€35,347 | -38.4% |
| Amounts payable after more than one year | 17 | €30,739 | €14,975 | -€15,764 | -51.3% |
| Financial debts | 170/4 | €30,739 | €14,975 | -€15,764 | -51.3% |
| Amounts payable within one year | 42/48 | €61,388 | €41,805 | -€19,583 | -31.9% |
| Current portion of amounts payable after more than one year | 42 | €24,279 | €16,919 | -€7,360 | -30.3% |
| Trade debts | 44 | €8,368 | €6,601 | -€1,766 | -21.1% |
| Suppliers | 440/4 | €8,368 | €6,601 | -€1,766 | -21.1% |
| Taxes, remuneration and social security | 45 | €10,241 | €11,284 | +€1,044 | +10.2% |
| Taxes | 450/3 | €10,241 | €11,284 | +€1,044 | +10.2% |
| Other amounts payable | 47/48 | €18,500 | €7,000 | -€11,500 | -62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,558 | €37,495 | +€5,938 | +18.8% |
| Other operating charges | 640/8 | €6,436 | €1,690 | -€4,746 | -73.7% |
| Gross operating margin | 9900 | €68,920 | €58,530 | -€10,390 | -15.1% |
| Operating profit (loss) | 9901 | €30,926 | €19,345 | -€11,581 | -37.4% |
| Financial income | 75/76B | €548 | €1 | -€547 | -99.9% |
| Recurring financial income | 75 | €548 | €1 | -€547 | -99.9% |
| Financial charges | 65/66B | €1,997 | €1,871 | -€126 | -6.3% |
| Recurring financial charges | 65 | €1,997 | €1,871 | -€126 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €29,477 | €17,475 | -€12,002 | -40.7% |
| Income taxes | 67/77 | €8,996 | €6,285 | -€2,711 | -30.1% |
| Profit (loss) for the period | 9904 | €20,481 | €11,190 | -€9,291 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,481 | €11,190 | -€9,291 | -45.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.