AFFINITY: 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.
AFFINITY
Largest movements
- Cash +€57,462
up €57,462 (+25.8%), from €222,752 to €280,215
mainly Net result for the year (+€82,435) and Trade debts (+€22,126)
- Current investments +€10,000
new in 2025: €10,000
- Receivables within one year +€8,576
up €8,576 (+23.5%), from €36,490 to €45,066
of which Trade receivables: +€12,821
- Reserves +€64,248
up €64,248 (+21.0%), from €306,048 to €370,295
- Trade debts +€22,126
new in 2025: €22,126
- Tax, wage and social debts +€8,145
up €8,145 (+56.5%), from €14,403 to €22,548
of which Taxes: +€4,682
- Other debts -€8,013
down €8,013 (-50.0%), from €16,028 to €8,016
- Contributions -€6,200
no longer reported in 2025 (was €6,200)
- Gross operating margin +€12,316
up €12,316 (+9.7%), from €127,035 to €139,351
- Financial income +€3,394
up €3,394 (+428%), from €793 to €4,187
- Other operating charges +€2,480
up €2,480 (+45.5%), from €5,445 to €7,925
- Depreciation +€1,860
up €1,860 (+11.3%), from €16,524 to €18,384
- Taxes +€1,805
up €1,805 (+5.7%), from €31,638 to €33,443
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.
Derived cash bridge
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 | €343,561 | €423,054 | +€79,492 | +23.1% |
| Fixed assets | 21/28 | €78,810 | €80,533 | +€1,723 | +2.2% |
| Tangible fixed assets | 22/27 | €78,630 | €80,353 | +€1,723 | +2.2% |
| Plant, machinery and equipment | 23 | €1,142 | €716 | -€426 | -37.3% |
| Furniture and vehicles | 24 | €25,656 | €18,616 | -€7,040 | -27.4% |
| Other tangible fixed assets | 26 | €51,832 | €61,021 | +€9,189 | +17.7% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €264,751 | €342,520 | +€77,769 | +29.4% |
| Amounts receivable within one year | 40/41 | €36,490 | €45,066 | +€8,576 | +23.5% |
| Trade receivables | 40 | €32,245 | €45,066 | +€12,821 | +39.8% |
| Other amounts receivable | 41 | €4,245 | - | -€4,245 | |
| Current investments | 50/53 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €222,752 | €280,215 | +€57,462 | +25.8% |
| Deferred charges and accrued income | 490/1 | €5,510 | €7,240 | +€1,730 | +31.4% |
| Total equity and liabilities | 10/49 | €343,561 | €423,054 | +€79,492 | +23.1% |
| Equity | 10/15 | €312,248 | €370,296 | +€58,048 | +18.6% |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €306,048 | €370,295 | +€64,248 | +21.0% |
| Distributable reserves | 133 | €306,048 | €370,295 | +€64,248 | +21.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | 0.0% |
| Amounts payable | 17/49 | €31,314 | €52,758 | +€21,444 | +68.5% |
| Amounts payable within one year | 42/48 | €31,314 | €52,758 | +€21,444 | +68.5% |
| Trade debts | 44 | - | €22,126 | +€22,126 | |
| Suppliers | 440/4 | - | €22,126 | +€22,126 | |
| Advances received on contracts in progress | 46 | €882 | €68 | -€814 | -92.3% |
| Taxes, remuneration and social security | 45 | €14,403 | €22,548 | +€8,145 | +56.5% |
| Taxes | 450/3 | €12,892 | €17,573 | +€4,682 | +36.3% |
| Remuneration and social security | 454/9 | €1,512 | €4,975 | +€3,463 | +229% |
| Other amounts payable | 47/48 | €16,028 | €8,016 | -€8,013 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,524 | €18,384 | +€1,860 | +11.3% |
| Other operating charges | 640/8 | €5,445 | €7,925 | +€2,480 | +45.5% |
| Gross operating margin | 9900 | €127,035 | €139,351 | +€12,316 | +9.7% |
| Operating profit (loss) | 9901 | €105,066 | €113,042 | +€7,976 | +7.6% |
| Financial income | 75/76B | €793 | €4,187 | +€3,394 | +428% |
| Recurring financial income | 75 | €793 | €4,187 | +€3,394 | +428% |
| Financial charges | 65/66B | €1,655 | €1,351 | -€304 | -18.4% |
| Recurring financial charges | 65 | €1,655 | €1,351 | -€304 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €104,204 | €115,878 | +€11,674 | +11.2% |
| Income taxes | 67/77 | €31,638 | €33,443 | +€1,805 | +5.7% |
| Profit (loss) for the period | 9904 | €72,566 | €82,435 | +€9,869 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €72,566 | €82,435 | +€9,869 | +13.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.