AFIBO: 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.
AFIBO
Largest movements
- Cash +€20,801
up €20,801 (+203.6%), from €10,218 to €31,019
mainly Net result for the year (+€24,923) and Tax, wage and social debts (+€2,120)
- Tangible fixed assets -€1,790
down €1,790 (-3.6%), from €50,132 to €48,342
- Reserves +€23,257
up €23,257 (+24.9%), from €93,330 to €116,587
- Other debts -€5,722
down €5,722 (-77.4%), from €7,388 to €1,666
- Tax, wage and social debts +€2,120
up €2,120 (+120.5%), from €1,759 to €3,880
- Financial charges -€2,266
down €2,266 (-93.8%), from €2,416 to €150
- Financial income -€1,619
down €1,619 (-48.8%), from €3,320 to €1,701
- Gross operating margin +€1,030
up €1,030 (+2.7%), from €38,456 to €39,486
- Taxes +€532
up €532 (+4.8%), from €11,099 to €11,631
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 | €121,389 | €141,321 | +€19,932 | +16.4% |
| Fixed assets | 21/28 | €50,132 | €48,342 | -€1,790 | -3.6% |
| Tangible fixed assets | 22/27 | €50,132 | €48,342 | -€1,790 | -3.6% |
| Land and buildings | 22 | €50,132 | €48,342 | -€1,790 | -3.6% |
| Current assets | 29/58 | €71,257 | €92,979 | +€21,722 | +30.5% |
| Current investments | 50/53 | €60,000 | €60,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,218 | €31,019 | +€20,801 | +203.6% |
| Deferred charges and accrued income | 490/1 | €1,039 | €1,960 | +€921 | +88.6% |
| Total equity and liabilities | 10/49 | €121,389 | €141,321 | +€19,932 | +16.4% |
| Equity | 10/15 | €111,930 | €135,187 | +€23,257 | +20.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €93,330 | €116,587 | +€23,257 | +24.9% |
| Distributable reserves | 133 | €93,330 | €116,587 | +€23,257 | +24.9% |
| Amounts payable | 17/49 | €9,459 | €6,134 | -€3,325 | -35.2% |
| Amounts payable within one year | 42/48 | €9,147 | €5,546 | -€3,601 | -39.4% |
| Taxes, remuneration and social security | 45 | €1,759 | €3,880 | +€2,120 | +120.5% |
| Taxes | 450/3 | €1,759 | €3,880 | +€2,120 | +120.5% |
| Other amounts payable | 47/48 | €7,388 | €1,666 | -€5,722 | -77.4% |
| Accrued charges and deferred income | 492/3 | €312 | €588 | +€276 | +88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,857 | €1,790 | -€67 | -3.6% |
| Other operating charges | 640/8 | €2,620 | €2,694 | +€74 | +2.8% |
| Gross operating margin | 9900 | €38,456 | €39,486 | +€1,030 | +2.7% |
| Operating profit (loss) | 9901 | €33,979 | €35,002 | +€1,023 | +3.0% |
| Financial income | 75/76B | €3,320 | €1,701 | -€1,619 | -48.8% |
| Recurring financial income | 75 | €3,320 | €1,701 | -€1,619 | -48.8% |
| Financial charges | 65/66B | €2,416 | €150 | -€2,266 | -93.8% |
| Recurring financial charges | 65 | €2,416 | €150 | -€2,266 | -93.8% |
| Profit (loss) for the period before taxes | 9903 | €34,882 | €36,553 | +€1,671 | +4.8% |
| Income taxes | 67/77 | €11,099 | €11,631 | +€532 | +4.8% |
| Profit (loss) for the period | 9904 | €23,783 | €24,923 | +€1,140 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,783 | €24,923 | +€1,140 | +4.8% |
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.