AFIDES: 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.
AFIDES
Largest movements
- Tangible fixed assets -€15,765
down €15,765 (-6.7%), from €236,491 to €220,726
of which Land and buildings: -€15,650
- Debts after one year -€39,121
down €39,121 (-6.6%), from €595,491 to €556,370
of which Trade debts: -€30,970
- Trade debts +€19,707
up €19,707 (+92.2%), from €21,376 to €41,083
- Profit (loss) carried forward +€4,928
up €4,928 (+0.8%), from -€641,784 to -€636,856
- Other debts -€3,737
down €3,737 (-32.0%), from €11,685 to €7,948
- Accrued charges and deferred income +€2,949
up €2,949 (+2633.0%), from €112 to €3,061
- Write-downs -€4,437
no longer reported in 2024 (was €4,437)
- Gross operating margin -€3,160
down €3,160 (-8.7%), from €36,494 to €33,334
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 | €250,031 | €234,913 | -€15,118 | -6.0% |
| Fixed assets | 21/28 | €236,491 | €220,726 | -€15,765 | -6.7% |
| Tangible fixed assets | 22/27 | €236,491 | €220,726 | -€15,765 | -6.7% |
| Land and buildings | 22 | €236,287 | €220,637 | -€15,650 | -6.6% |
| Plant, machinery and equipment | 23 | €204 | €89 | -€115 | -56.4% |
| Current assets | 29/58 | €13,540 | €14,187 | +€647 | +4.8% |
| Amounts receivable within one year | 40/41 | €13,154 | €13,624 | +€470 | +3.6% |
| Trade receivables | 40 | €1,010 | €9,748 | +€8,738 | +865.1% |
| Other amounts receivable | 41 | €12,144 | €3,876 | -€8,268 | -68.1% |
| Cash at bank and in hand | 54/58 | €101 | €262 | +€161 | +159.4% |
| Deferred charges and accrued income | 490/1 | €285 | €301 | +€16 | +5.6% |
| Total equity and liabilities | 10/49 | €250,031 | €234,913 | -€15,118 | -6.0% |
| Equity | 10/15 | -€391,326 | -€386,398 | +€4,928 | +1.3% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €458 | €458 | = | 0.0% |
| Non-distributable reserves | 130/1 | €458 | €458 | = | 0.0% |
| Legal reserve | 130 | €458 | €458 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€641,784 | -€636,856 | +€4,928 | +0.8% |
| Amounts payable | 17/49 | €641,357 | €621,311 | -€20,046 | -3.1% |
| Amounts payable after more than one year | 17 | €595,491 | €556,370 | -€39,121 | -6.6% |
| Financial debts | 170/4 | €237,121 | €228,570 | -€8,551 | -3.6% |
| Trade debts | 175 | €30,970 | - | -€30,970 | |
| Other amounts payable | 178/9 | €327,400 | €327,800 | +€400 | +0.1% |
| Amounts payable within one year | 42/48 | €45,754 | €61,880 | +€16,126 | +35.2% |
| Current portion of amounts payable after more than one year | 42 | €9,092 | €9,257 | +€165 | +1.8% |
| Trade debts | 44 | €21,376 | €41,083 | +€19,707 | +92.2% |
| Suppliers | 440/4 | €21,376 | €41,083 | +€19,707 | +92.2% |
| Taxes, remuneration and social security | 45 | €3,601 | €3,592 | -€9 | -0.2% |
| Taxes | 450/3 | €3,601 | €3,592 | -€9 | -0.2% |
| Other amounts payable | 47/48 | €11,685 | €7,948 | -€3,737 | -32.0% |
| Accrued charges and deferred income | 492/3 | €112 | €3,061 | +€2,949 | +2633.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,115 | €17,203 | +€88 | +0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,437 | - | -€4,437 | |
| Other operating charges | 640/8 | €2,186 | €2,357 | +€171 | +7.8% |
| Non-recurring operating charges | 66A | €50 | - | -€50 | |
| Gross operating margin | 9900 | €36,494 | €33,334 | -€3,160 | -8.7% |
| Operating profit (loss) | 9901 | €12,706 | €13,774 | +€1,068 | +8.4% |
| Financial income | 75/76B | €20 | €353 | +€333 | +1665.0% |
| Recurring financial income | 75 | €20 | €272 | +€252 | +1260.0% |
| Non-recurring financial income | 76B | - | €81 | +€81 | |
| Financial charges | 65/66B | €9,173 | €9,199 | +€26 | +0.3% |
| Recurring financial charges | 65 | €9,173 | €9,199 | +€26 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €3,553 | €4,928 | +€1,375 | +38.7% |
| Profit (loss) for the period | 9904 | €3,553 | €4,928 | +€1,375 | +38.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,553 | €4,928 | +€1,375 | +38.7% |
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 29 September 2026 via checked.be.