Afford IFM: 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.
Afford IFM
Largest movements
- Cash +€28,794
up €28,794 (+1,569%), from €1,836 to €30,630
mainly Net result for the year (+€99,193) and Trade debts (+€90,750)
- Trade debts +€90,750
up €90,750 (+1,012%), from €8,968 to €99,718
- Current portion of long-term debt -€63,728
down €63,728 (-53.2%), from €119,719 to €55,990
- Debts after one year -€55,990
down €55,990 (-100%), from €55,990 to €0
- Accrued charges and deferred income +€33,084
up €33,084 (+28.0%), from €118,331 to €151,414
- Reserves +€24,193
up €24,193 (+4.1%), from €583,329 to €607,522
- Turnover -€55,000
down €55,000 (-26.8%), from €205,000 to €150,000
- Taxes -€14,529
down €14,529 (-64.3%), from €22,593 to €8,064
- Financial charges +€2,599
up €2,599 (+7.7%), from €33,749 to €36,349
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 | €1,646,070 | €1,678,305 | +€32,235 | +2.0% |
| Fixed assets | 21/28 | €1,581,636 | €1,581,636 | = | 0.0% |
| Financial fixed assets | 28 | €1,581,636 | €1,581,636 | = | 0.0% |
| Affiliated companies | 280/1 | €1,581,636 | €1,581,636 | = | 0.0% |
| Participating interests | 280 | €1,581,636 | €1,581,636 | = | 0.0% |
| Current assets | 29/58 | €64,433 | €96,669 | +€32,235 | +50.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €36,559 | €40,000 | +€3,441 | +9.4% |
| Trade receivables | 40 | €31,150 | €40,000 | +€8,850 | +28.4% |
| Other amounts receivable | 41 | €5,409 | €0 | -€5,409 | -100% |
| Cash at bank and in hand | 54/58 | €1,836 | €30,630 | +€28,794 | +1,569% |
| Deferred charges and accrued income | 490/1 | €26,039 | €26,039 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,646,070 | €1,678,305 | +€32,235 | +2.0% |
| Equity | 10/15 | €733,329 | €757,522 | +€24,193 | +3.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €583,329 | €607,522 | +€24,193 | +4.1% |
| Distributable reserves | 133 | €583,329 | €607,522 | +€24,193 | +4.1% |
| Amounts payable | 17/49 | €912,741 | €920,783 | +€8,042 | +0.9% |
| Amounts payable after more than one year | 17 | €55,990 | €0 | -€55,990 | -100% |
| Financial debts | 170/4 | €55,990 | €0 | -€55,990 | -100% |
| Credit institutions | 173 | €55,990 | €0 | -€55,990 | -100% |
| Amounts payable within one year | 42/48 | €738,420 | €769,369 | +€30,949 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €119,719 | €55,990 | -€63,728 | -53.2% |
| Financial debts | 43 | €13,233 | €1,897 | -€11,336 | -85.7% |
| Credit institutions | 430/8 | €13,233 | €1,897 | -€11,336 | -85.7% |
| Trade debts | 44 | €8,968 | €99,718 | +€90,750 | +1,012% |
| Suppliers | 440/4 | €8,968 | €99,718 | +€90,750 | +1,012% |
| Taxes, remuneration and social security | 45 | €0 | €15,263 | +€15,263 | |
| Taxes | 450/3 | €0 | €15,263 | +€15,263 | |
| Other amounts payable | 47/48 | €596,500 | €596,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €118,331 | €151,414 | +€33,084 | +28.0% |
| Operating income | 70/76A | €205,000 | €150,000 | -€55,000 | -26.8% |
| Turnover | 70 | €205,000 | €150,000 | -€55,000 | -26.8% |
| Other operating income | 74 | €0 | - | = | |
| Operating charges | 60/66A | €5,879 | €6,394 | +€516 | +8.8% |
| Services and other goods | 61 | €4,911 | €5,385 | +€474 | +9.6% |
| Other operating charges | 640/8 | €968 | €1,009 | +€42 | +4.3% |
| Operating profit (loss) | 9901 | €199,121 | €143,606 | -€55,516 | -27.9% |
| Financial charges | 65/66B | €33,749 | €36,349 | +€2,599 | +7.7% |
| Recurring financial charges | 65 | €33,749 | €36,349 | +€2,599 | +7.7% |
| Debt charges | 650 | €32,825 | €35,012 | +€2,187 | +6.7% |
| Other financial charges | 652/9 | €925 | €1,337 | +€412 | +44.6% |
| Profit (loss) for the period before taxes | 9903 | €165,372 | €107,257 | -€58,115 | -35.1% |
| Income taxes | 67/77 | €22,593 | €8,064 | -€14,529 | -64.3% |
| Taxes | 670/3 | €22,593 | €8,064 | -€14,529 | -64.3% |
| Profit (loss) for the period | 9904 | €142,779 | €99,193 | -€43,586 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €142,779 | €99,193 | -€43,586 | -30.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.