AFFINITIC: what changed
AFFINITIC
Largest movements
- Receivables within one year -€110,380
down €110,380 (-80.4%), from €137,211 to €26,832
of which Trade receivables: -€105,321
- Cash +€26,823
up €26,823 (+35.5%), from €75,486 to €102,309
mainly Receivables within one year (+€110,380) and Tax, wage and social debts (+€17,436)
- Deferred charges and accrued income -€3,122
down €3,122 (-100%), from €3,122 to €0
- Profit (loss) carried forward -€98,348
down €98,348 (-68.1%), from €144,502 to €46,155
- Debts after one year -€19,943
down €19,943 (-84.5%), from €23,591 to €3,648
- Tax, wage and social debts +€17,436
up €17,436 (+45.9%), from €37,998 to €55,433
of which Remuneration and social security: +€18,060
- Current portion of long-term debt +€10,089
up €10,089, from €0 to €10,089
- Trade debts +€6,304
up €6,304 (+22.8%), from €27,594 to €33,898
- Gross operating margin -€182,081
down €182,081 (-84.7%), from €214,974 to €32,893
- Staff costs +€7,051
up €7,051 (+6.4%), from €110,129 to €117,180
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €265,188 | €179,294 | -€85,894 | -32.4% |
| Fixed assets | 21/28 | €49,369 | €50,154 | +€785 | +1.6% |
| Tangible fixed assets | 22/27 | €26,431 | €27,216 | +€785 | +3.0% |
| Furniture and vehicles | 24 | €26,431 | €27,216 | +€785 | +3.0% |
| Financial fixed assets | 28 | €22,937 | €22,937 | = | 0.0% |
| Current assets | 29/58 | €215,819 | €129,140 | -€86,679 | -40.2% |
| Amounts receivable within one year | 40/41 | €137,211 | €26,832 | -€110,380 | -80.4% |
| Trade receivables | 40 | €132,152 | €26,832 | -€105,321 | -79.7% |
| Other amounts receivable | 41 | €5,059 | €0 | -€5,059 | -100% |
| Cash at bank and in hand | 54/58 | €75,486 | €102,309 | +€26,823 | +35.5% |
| Deferred charges and accrued income | 490/1 | €3,122 | €0 | -€3,122 | -100% |
| Total equity and liabilities | 10/49 | €265,188 | €179,294 | -€85,894 | -32.4% |
| Equity | 10/15 | €152,862 | €54,515 | -€98,348 | -64.3% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,502 | €46,155 | -€98,348 | -68.1% |
| Amounts payable | 17/49 | €112,325 | €124,780 | +€12,454 | +11.1% |
| Amounts payable after more than one year | 17 | €23,591 | €3,648 | -€19,943 | -84.5% |
| Financial debts | 170/4 | €23,591 | €3,648 | -€19,943 | -84.5% |
| Amounts payable within one year | 42/48 | €88,734 | €121,131 | +€32,397 | +36.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | €10,089 | +€10,089 | |
| Trade debts | 44 | €27,594 | €33,898 | +€6,304 | +22.8% |
| Suppliers | 440/4 | €27,594 | €33,898 | +€6,304 | +22.8% |
| Taxes, remuneration and social security | 45 | €37,998 | €55,433 | +€17,436 | +45.9% |
| Taxes | 450/3 | €18,188 | €17,564 | -€624 | -3.4% |
| Remuneration and social security | 454/9 | €19,810 | €37,870 | +€18,060 | +91.2% |
| Other amounts payable | 47/48 | €23,143 | €21,711 | -€1,432 | -6.2% |
| Remuneration, social security and pensions | 62 | €110,129 | €117,180 | +€7,051 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,228 | €13,036 | -€191 | -1.4% |
| Other operating charges | 640/8 | €537 | €500 | -€38 | -7.0% |
| Gross operating margin | 9900 | €214,974 | €32,893 | -€182,081 | -84.7% |
| Operating profit (loss) | 9901 | €91,080 | -€97,822 | -€188,903 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €807 | €346 | -€461 | -57.2% |
| Recurring financial charges | 65 | €807 | €346 | -€461 | -57.2% |
| Profit (loss) for the period before taxes | 9903 | €90,274 | -€98,168 | -€188,441 | |
| Income taxes | 67/77 | €262 | €180 | -€82 | -31.2% |
| Profit (loss) for the period | 9904 | €90,012 | -€98,348 | -€188,360 | |
| Profit (loss) for the period to be appropriated | 9905 | €90,012 | -€98,348 | -€188,360 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.