AFG CONSULT: 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.
AFG CONSULT
Largest movements
- Cash -€8,068
down €8,068 (-37.6%), from €21,459 to €13,391
mainly Net result for the year (-€6,933) and Other debts (-€1,061)
- Profit (loss) carried forward -€6,933
down €6,933 (-6.2%), from -€112,100 to -€119,033
- Other debts -€1,061
down €1,061 (-0.9%), from €117,111 to €116,050
- Depreciation -€5,683
no longer reported in 2025 (was €5,683)
- Gross operating margin +€4,153
up €4,153 (+39.2%), from -€10,598 to -€6,446
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 | €25,372 | €17,257 | -€8,115 | -32.0% |
| Current assets | 29/58 | €25,372 | €17,257 | -€8,115 | -32.0% |
| Amounts receivable within one year | 40/41 | €2,437 | €2,323 | -€114 | -4.7% |
| Trade receivables | 40 | €2,147 | €2,120 | -€27 | -1.3% |
| Other amounts receivable | 41 | €290 | €203 | -€87 | -30.0% |
| Cash at bank and in hand | 54/58 | €21,459 | €13,391 | -€8,068 | -37.6% |
| Deferred charges and accrued income | 490/1 | €1,476 | €1,543 | +€66 | +4.5% |
| Total equity and liabilities | 10/49 | €25,372 | €17,257 | -€8,115 | -32.0% |
| Equity | 10/15 | -€93,500 | -€100,433 | -€6,933 | -7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,100 | -€119,033 | -€6,933 | -6.2% |
| Amounts payable | 17/49 | €118,872 | €117,690 | -€1,182 | -1.0% |
| Amounts payable within one year | 42/48 | €118,872 | €117,690 | -€1,182 | -1.0% |
| Trade debts | 44 | €1,410 | €1,281 | -€129 | -9.1% |
| Suppliers | 440/4 | €1,410 | €1,281 | -€129 | -9.1% |
| Taxes, remuneration and social security | 45 | €352 | €359 | +€7 | +2.0% |
| Taxes | 450/3 | €352 | €359 | +€7 | +2.0% |
| Other amounts payable | 47/48 | €117,111 | €116,050 | -€1,061 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,683 | - | -€5,683 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€10,598 | -€6,446 | +€4,153 | +39.2% |
| Operating profit (loss) | 9901 | -€16,669 | -€6,845 | +€9,824 | +58.9% |
| Financial income | 75/76B | €32 | €24 | -€8 | -23.4% |
| Recurring financial income | 75 | €32 | €24 | -€8 | -23.4% |
| Financial charges | 65/66B | €45 | €112 | +€67 | +148% |
| Recurring financial charges | 65 | €45 | €112 | +€67 | +148% |
| Profit (loss) for the period before taxes | 9903 | -€16,682 | -€6,933 | +€9,749 | +58.4% |
| Profit (loss) for the period | 9904 | -€16,682 | -€6,933 | +€9,749 | +58.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,682 | -€6,933 | +€9,749 | +58.4% |
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.