AFGHAN STYLE: 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.
AFGHAN STYLE
Largest movements
- Stocks and contracts +€64,921
up €64,921 (+230.4%), from €28,180 to €93,100
- Tangible fixed assets +€4,682
up €4,682 (+538.5%), from €870 to €5,552
- Cash -€2,036
down €2,036 (-52.0%), from €3,915 to €1,879
mainly Stocks and contracts (-€64,921) and Tax, wage and social debts (-€25,787)
- Trade debts +€76,572
up €76,572 (+491.4%), from €15,583 to €92,155
- Tax, wage and social debts -€25,787
down €25,787 (-77.3%), from €33,353 to €7,566
of which Remuneration and social security: -€14,094
- Other debts +€20,840
up €20,840 (+76.1%), from €27,399 to €48,239
- Accrued charges and deferred income -€9,000
down €9,000 (-100.0%), from €9,000 to €0
- Profit (loss) carried forward +€5,521
up €5,521 (+15.2%), from -€36,371 to -€30,850
- Gross operating margin +€30,028
up €30,028 (+128.4%), from €23,386 to €53,414
- Staff costs -€11,057
down €11,057 (-23.9%), from €46,313 to €35,256
- Other operating charges +€5,677
up €5,677 (+547.7%), from €1,037 to €6,714
- Financial charges +€4,899
up €4,899 (+1046.9%), from €468 to €5,366
- Depreciation +€1,252
up €1,252 (+476.9%), from €263 to €1,515
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.
Cash bridge derived
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 | €50,964 | €119,109 | +€68,146 | +133.7% |
| Fixed assets | 21/28 | €18,870 | €23,552 | +€4,682 | +24.8% |
| Tangible fixed assets | 22/27 | €870 | €5,552 | +€4,682 | +538.5% |
| Furniture and vehicles | 24 | €870 | €5,552 | +€4,682 | +538.5% |
| Financial fixed assets | 28 | €18,000 | €18,000 | = | 0.0% |
| Current assets | 29/58 | €32,094 | €95,557 | +€63,463 | +197.7% |
| Stocks and contracts in progress | 3 | €28,180 | €93,100 | +€64,921 | +230.4% |
| Stocks | 30/36 | €28,180 | €93,100 | +€64,921 | +230.4% |
| Amounts receivable within one year | 40/41 | €0 | €578 | +€578 | |
| Trade receivables | 40 | €0 | €578 | +€578 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €3,915 | €1,879 | -€2,036 | -52.0% |
| Total equity and liabilities | 10/49 | €50,964 | €119,109 | +€68,146 | +133.7% |
| Equity | 10/15 | -€34,371 | -€28,850 | +€5,521 | +16.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,371 | -€30,850 | +€5,521 | +15.2% |
| Amounts payable | 17/49 | €85,334 | €147,959 | +€62,625 | +73.4% |
| Amounts payable within one year | 42/48 | €76,334 | €147,959 | +€71,625 | +93.8% |
| Trade debts | 44 | €15,583 | €92,155 | +€76,572 | +491.4% |
| Suppliers | 440/4 | €15,583 | €92,155 | +€76,572 | +491.4% |
| Taxes, remuneration and social security | 45 | €33,353 | €7,566 | -€25,787 | -77.3% |
| Taxes | 450/3 | €19,168 | €7,475 | -€11,693 | -61.0% |
| Remuneration and social security | 454/9 | €14,184 | €91 | -€14,094 | -99.4% |
| Other amounts payable | 47/48 | €27,399 | €48,239 | +€20,840 | +76.1% |
| Accrued charges and deferred income | 492/3 | €9,000 | €0 | -€9,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €46,313 | €35,256 | -€11,057 | -23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €263 | €1,515 | +€1,252 | +476.9% |
| Other operating charges | 640/8 | €1,037 | €6,714 | +€5,677 | +547.7% |
| Gross operating margin | 9900 | €23,386 | €53,414 | +€30,028 | +128.4% |
| Operating profit (loss) | 9901 | -€24,227 | €9,929 | +€34,155 | |
| Financial income | 75/76B | - | €958 | +€958 | |
| Recurring financial income | 75 | - | €958 | +€958 | |
| Financial charges | 65/66B | €468 | €5,366 | +€4,899 | +1046.9% |
| Recurring financial charges | 65 | €468 | €5,366 | +€4,899 | +1046.9% |
| Profit (loss) for the period before taxes | 9903 | -€24,694 | €5,521 | +€30,215 | |
| Profit (loss) for the period | 9904 | -€24,694 | €5,521 | +€30,215 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,694 | €5,521 | +€30,215 |
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 10 October 2026 via checked.be.