AFIBEL: what changed
Two fiscal 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.
AFIBEL
Largest movements
- Receivables within one year -€30,821
down €30,821 (-24.9%), from €123,989 to €93,168
of which Other amounts receivable: -€35,064
- Cash +€25,696
up €25,696 (+66.8%), from €38,465 to €64,161
mainly Receivables within one year (+€30,821) and Depreciation (+€2,353)
- Tangible fixed assets -€1,718
down €1,718 (-26.8%), from €6,419 to €4,701
- Accrued charges and deferred income -€6,600
down €6,600 (-52.4%), from €12,600 to €6,000
- Gross operating margin -€4,760
down €4,760 (-66.0%), from €7,212 to €2,452
- Taxes -€993
down €993 (-93.9%), from €1,057 to €64
- Financial income -€272
down €272 (-28.1%), from €969 to €697
- Depreciation +€118
up €118 (+5.3%), from €2,235 to €2,353
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €169,844 | €162,727 | -€7,117 | -4.2% |
| Fixed assets | 21/28 | €6,419 | €4,701 | -€1,718 | -26.8% |
| Tangible fixed assets | 22/27 | €6,419 | €4,701 | -€1,718 | -26.8% |
| Furniture and vehicles | 24 | €6,419 | €4,701 | -€1,718 | -26.8% |
| Current assets | 29/58 | €163,425 | €158,026 | -€5,399 | -3.3% |
| Amounts receivable within one year | 40/41 | €123,989 | €93,168 | -€30,821 | -24.9% |
| Trade receivables | 40 | €85,046 | €89,289 | +€4,243 | +5.0% |
| Other amounts receivable | 41 | €38,943 | €3,879 | -€35,064 | -90.0% |
| Cash at bank and in hand | 54/58 | €38,465 | €64,161 | +€25,696 | +66.8% |
| Deferred charges and accrued income | 490/1 | €971 | €697 | -€274 | -28.2% |
| Total equity and liabilities | 10/49 | €169,844 | €162,727 | -€7,117 | -4.2% |
| Equity | 10/15 | €150,013 | €150,294 | +€281 | +0.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,013 | €128,294 | +€281 | +0.2% |
| Amounts payable | 17/49 | €19,831 | €12,433 | -€7,398 | -37.3% |
| Amounts payable within one year | 42/48 | €7,231 | €6,433 | -€798 | -11.0% |
| Trade debts | 44 | €923 | €814 | -€109 | -11.8% |
| Suppliers | 440/4 | €923 | €814 | -€109 | -11.8% |
| Other amounts payable | 47/48 | €6,308 | €5,619 | -€689 | -10.9% |
| Accrued charges and deferred income | 492/3 | €12,600 | €6,000 | -€6,600 | -52.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,235 | €2,353 | +€118 | +5.3% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €7,212 | €2,452 | -€4,760 | -66.0% |
| Operating profit (loss) | 9901 | €4,593 | -€288 | -€4,881 | |
| Financial income | 75/76B | €969 | €697 | -€272 | -28.1% |
| Recurring financial income | 75 | €969 | €697 | -€272 | -28.1% |
| Financial charges | 65/66B | €86 | €64 | -€22 | -25.6% |
| Recurring financial charges | 65 | €86 | €64 | -€22 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €5,476 | €345 | -€5,131 | -93.7% |
| Income taxes | 67/77 | €1,057 | €64 | -€993 | -93.9% |
| Profit (loss) for the period | 9904 | €4,419 | €281 | -€4,138 | -93.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,419 | €281 | -€4,138 | -93.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.