AFI GROUPE: 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.
AFI GROUPE
Largest movements
- Receivables within one year -€9,344
down €9,344 (-83.0%), from €11,258 to €1,913
of which Other amounts receivable: -€8,643
- Debts after one year -€10,000
down €10,000 (-100%), from €10,000 to €0
- Other debts +€8,989
up €8,989 (+150%), from €6,008 to €14,997
- Trade debts -€8,150
down €8,150 (-83.1%), from €9,805 to €1,655
- Profit (loss) carried forward +€2,273
up €2,273 (+7.5%), from €30,194 to €32,466
- Reserves -€1,214
down €1,214 (-4.3%), from €28,093 to €26,879
of which Tax-exempt reserves: -€1,214
- Gross operating margin -€3,152
down €3,152 (-94.1%), from €3,349 to €197
- Financial income -€825
down €825 (-42.3%), from €1,948 to €1,123
- Depreciation -€479
down €479 (-100%), from €479 to €0
- Other operating charges -€52
down €52 (-15.1%), from €344 to €292
- Taxes +€37
up €37 (+26.2%), from €140 to €176
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 | €97,175 | €88,713 | -€8,462 | -8.7% |
| Fixed assets | 21/28 | €280 | - | -€280 | |
| Financial fixed assets | 28 | €280 | - | -€280 | |
| Current assets | 29/58 | €96,895 | €88,713 | -€8,182 | -8.4% |
| Amounts receivable after more than one year | 29 | €80,000 | €80,000 | = | 0.0% |
| Other amounts receivable | 291 | €80,000 | €80,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,258 | €1,913 | -€9,344 | -83.0% |
| Trade receivables | 40 | €702 | €0 | -€702 | -100% |
| Other amounts receivable | 41 | €10,556 | €1,913 | -€8,643 | -81.9% |
| Cash at bank and in hand | 54/58 | €39 | €346 | +€307 | +790% |
| Deferred charges and accrued income | 490/1 | €5,599 | €6,454 | +€855 | +15.3% |
| Total equity and liabilities | 10/49 | €97,175 | €88,713 | -€8,462 | -8.7% |
| Equity | 10/15 | €70,687 | €71,746 | +€1,059 | +1.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €28,093 | €26,879 | -€1,214 | -4.3% |
| Non-distributable reserves | 130/1 | €1,879 | €1,879 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,879 | €1,879 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,214 | - | -€1,214 | |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,194 | €32,466 | +€2,273 | +7.5% |
| Provisions and deferred taxes | 16 | €405 | - | -€405 | |
| Deferred taxes | 168 | €405 | - | -€405 | |
| Amounts payable | 17/49 | €26,084 | €16,967 | -€9,117 | -35.0% |
| Amounts payable after more than one year | 17 | €10,000 | €0 | -€10,000 | -100% |
| Other amounts payable | 178/9 | €10,000 | €0 | -€10,000 | -100% |
| Amounts payable within one year | 42/48 | €16,084 | €16,967 | +€883 | +5.5% |
| Trade debts | 44 | €9,805 | €1,655 | -€8,150 | -83.1% |
| Suppliers | 440/4 | €9,805 | €1,655 | -€8,150 | -83.1% |
| Taxes, remuneration and social security | 45 | €271 | €316 | +€45 | +16.5% |
| Taxes | 450/3 | €271 | €316 | +€45 | +16.5% |
| Other amounts payable | 47/48 | €6,008 | €14,997 | +€8,989 | +150% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €479 | €0 | -€479 | -100% |
| Other operating charges | 640/8 | €344 | €292 | -€52 | -15.1% |
| Non-recurring operating charges | 66A | €3,710 | €0 | -€3,710 | -100% |
| Gross operating margin | 9900 | €3,349 | €197 | -€3,152 | -94.1% |
| Operating profit (loss) | 9901 | -€1,183 | -€95 | +€1,088 | +92.0% |
| Financial income | 75/76B | €1,948 | €1,123 | -€825 | -42.3% |
| Recurring financial income | 75 | €1,948 | €1,123 | -€825 | -42.3% |
| Financial charges | 65/66B | €166 | €198 | +€32 | +19.3% |
| Recurring financial charges | 65 | €166 | €198 | +€32 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €599 | €830 | +€232 | +38.7% |
| Transfer from deferred taxes | 780 | - | €405 | +€405 | |
| Transfer to deferred taxes | 680 | €31 | - | -€31 | |
| Income taxes | 67/77 | €140 | €176 | +€37 | +26.2% |
| Profit (loss) for the period | 9904 | €428 | €1,059 | +€631 | +147% |
| Transfer from tax-exempt reserves | 789 | €280 | €1,214 | +€934 | +333% |
| Profit (loss) for the period to be appropriated | 9905 | €708 | €2,273 | +€1,565 | +221% |
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 21 October 2026 via checked.be.