AFGEWERKT: 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.
AFGEWERKT
Largest movements
- Financial fixed assets +€80,000
up €80,000 (+53,333%), from €150 to €80,150
- Cash +€15,448
up €15,448 (+185%), from €8,332 to €23,780
mainly Debts after one year (+€60,975) and Other debts (+€30,258)
- Deferred charges and accrued income -€1,544
down €1,544 (-87.4%), from €1,766 to €223
- Debts after one year +€60,975
new in 2025: €60,975
- Other debts +€30,258
up €30,258 (+164%), from €18,468 to €48,726
- Profit (loss) carried forward -€9,712
down €9,712 (-71.3%), from €13,618 to €3,906
- Current portion of long-term debt +€9,025
new in 2025: €9,025
- Trade debts +€3,677
up €3,677 (+130%), from €2,824 to €6,501
- Gross operating margin +€26,770
up €26,770, from -€1,719 to €25,050
- Depreciation +€3,193
up €3,193 (+44.7%), from €7,147 to €10,339
- Taxes +€2,477
up €2,477 (+1,066%), from €232 to €2,709
- Other operating charges +€286
up €286 (+31.5%), from €908 to €1,194
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 | €40,375 | €134,345 | +€93,970 | +233% |
| Fixed assets | 21/28 | €20,883 | €100,049 | +€79,166 | +379% |
| Tangible fixed assets | 22/27 | €20,733 | €19,899 | -€834 | -4.0% |
| Plant, machinery and equipment | 23 | €5,350 | €4,035 | -€1,315 | -24.6% |
| Furniture and vehicles | 24 | €14,604 | €15,483 | +€878 | +6.0% |
| Other tangible fixed assets | 26 | €778 | €381 | -€397 | -51.0% |
| Financial fixed assets | 28 | €150 | €80,150 | +€80,000 | +53,333% |
| Current assets | 29/58 | €19,492 | €34,297 | +€14,804 | +76.0% |
| Amounts receivable within one year | 40/41 | €9,394 | €10,294 | +€900 | +9.6% |
| Trade receivables | 40 | €6,000 | €7,400 | +€1,400 | +23.3% |
| Other amounts receivable | 41 | €3,394 | €2,894 | -€500 | -14.7% |
| Cash at bank and in hand | 54/58 | €8,332 | €23,780 | +€15,448 | +185% |
| Deferred charges and accrued income | 490/1 | €1,766 | €223 | -€1,544 | -87.4% |
| Total equity and liabilities | 10/49 | €40,375 | €134,345 | +€93,970 | +233% |
| Equity | 10/15 | €14,618 | €4,906 | -€9,712 | -66.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,618 | €3,906 | -€9,712 | -71.3% |
| Amounts payable | 17/49 | €25,757 | €129,439 | +€103,683 | +403% |
| Amounts payable after more than one year | 17 | - | €60,975 | +€60,975 | |
| Financial debts | 170/4 | - | €60,975 | +€60,975 | |
| Amounts payable within one year | 42/48 | €24,581 | €66,960 | +€42,379 | +172% |
| Current portion of amounts payable after more than one year | 42 | - | €9,025 | +€9,025 | |
| Trade debts | 44 | €2,824 | €6,501 | +€3,677 | +130% |
| Suppliers | 440/4 | €2,824 | €6,501 | +€3,677 | +130% |
| Taxes, remuneration and social security | 45 | €3,289 | €2,709 | -€580 | -17.6% |
| Taxes | 450/3 | €3,289 | €2,709 | -€580 | -17.6% |
| Other amounts payable | 47/48 | €18,468 | €48,726 | +€30,258 | +164% |
| Accrued charges and deferred income | 492/3 | €1,176 | €1,504 | +€328 | +27.9% |
| Remuneration, social security and pensions | 62 | €8 | - | -€8 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,147 | €10,339 | +€3,193 | +44.7% |
| Other operating charges | 640/8 | €908 | €1,194 | +€286 | +31.5% |
| Gross operating margin | 9900 | -€1,719 | €25,050 | +€26,770 | |
| Operating profit (loss) | 9901 | -€9,782 | €13,517 | +€23,299 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -97.4% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -97.4% |
| Financial charges | 65/66B | €580 | €520 | -€59 | -10.2% |
| Recurring financial charges | 65 | €580 | €520 | -€59 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,361 | €12,997 | +€23,358 | |
| Income taxes | 67/77 | €232 | €2,709 | +€2,477 | +1,066% |
| Profit (loss) for the period | 9904 | -€10,593 | €10,288 | +€20,881 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,593 | €10,288 | +€20,881 |
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 19 October 2026 via checked.be.