AFILEUZE: 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.
AFILEUZE
Largest movements
- Tangible fixed assets -€129,250
down €129,250 (-8.9%), from €1.4m to €1.3m
of which Plant, machinery and equipment: -€137,036
- Stocks and contracts -€62,153
down €62,153 (-9.3%), from €671,595 to €609,443
- Cash +€42,543
up €42,543 (+23.6%), from €180,318 to €222,860
mainly Trade debts (+€434,024) and Depreciation (+€181,422)
- Receivables within one year -€41,311
down €41,311 (-8.7%), from €472,522 to €431,211
of which Trade receivables: -€39,960
- Trade debts +€434,024
up €434,024 (+30.7%), from €1.4m to €1.8m
- Profit (loss) carried forward -€384,887
down €384,887 (-69.4%), from -€554,922 to -€939,810
- Debts after one year -€157,310
down €157,310 (-11.6%), from €1.4m to €1.2m
of which Financial debts: -€157,310
- Other debts -€74,296
down €74,296 (-99.1%), from €75,000 to €704
- Gross operating margin -€338,812
down €338,812 (-31.4%), from €1.1m to €738,888
- Staff costs -€169,648
down €169,648 (-17.0%), from €999,561 to €829,913
- Financial income +€18,357
new in 2025: €18,357
of which Financial income: +€18,357
- Other operating charges +€18,280
up €18,280 (+45.8%), from €39,946 to €58,226
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 | €2,778,153 | €2,586,917 | -€191,236 | -6.9% |
| Fixed assets | 21/28 | €1,450,361 | €1,321,112 | -€129,250 | -8.9% |
| Tangible fixed assets | 22/27 | €1,449,861 | €1,320,612 | -€129,250 | -8.9% |
| Land and buildings | 22 | €3,563 | €3,178 | -€386 | -10.8% |
| Plant, machinery and equipment | 23 | €1,317,693 | €1,180,657 | -€137,036 | -10.4% |
| Furniture and vehicles | 24 | €128,605 | €136,777 | +€8,172 | +6.4% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,327,792 | €1,265,806 | -€61,986 | -4.7% |
| Stocks and contracts in progress | 3 | €671,595 | €609,443 | -€62,153 | -9.3% |
| Stocks | 30/36 | €671,595 | €609,443 | -€62,153 | -9.3% |
| Amounts receivable within one year | 40/41 | €472,522 | €431,211 | -€41,311 | -8.7% |
| Trade receivables | 40 | €441,853 | €401,893 | -€39,960 | -9.0% |
| Other amounts receivable | 41 | €30,669 | €29,318 | -€1,351 | -4.4% |
| Cash at bank and in hand | 54/58 | €180,318 | €222,860 | +€42,543 | +23.6% |
| Deferred charges and accrued income | 490/1 | €3,356 | €2,291 | -€1,065 | -31.7% |
| Total equity and liabilities | 10/49 | €2,778,153 | €2,586,917 | -€191,236 | -6.9% |
| Equity | 10/15 | -€444,922 | -€829,810 | -€384,887 | -86.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€554,922 | -€939,810 | -€384,887 | -69.4% |
| Amounts payable | 17/49 | €3,223,076 | €3,416,727 | +€193,651 | +6.0% |
| Amounts payable after more than one year | 17 | €1,359,266 | €1,201,957 | -€157,310 | -11.6% |
| Financial debts | 170/4 | €1,355,466 | €1,198,157 | -€157,310 | -11.6% |
| Other amounts payable | 178/9 | €3,800 | €3,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,863,810 | €2,214,770 | +€350,961 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €176,452 | €187,297 | +€10,845 | +6.1% |
| Financial debts | 43 | €62,829 | €66,849 | +€4,021 | +6.4% |
| Credit institutions | 430/8 | €62,829 | €66,849 | +€4,021 | +6.4% |
| Trade debts | 44 | €1,412,660 | €1,846,683 | +€434,024 | +30.7% |
| Suppliers | 440/4 | €1,412,660 | €1,846,683 | +€434,024 | +30.7% |
| Taxes, remuneration and social security | 45 | €136,869 | €113,236 | -€23,633 | -17.3% |
| Remuneration and social security | 454/9 | €136,869 | €113,236 | -€23,633 | -17.3% |
| Other amounts payable | 47/48 | €75,000 | €704 | -€74,296 | -99.1% |
| Remuneration, social security and pensions | 62 | €999,561 | €829,913 | -€169,648 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €172,901 | €181,422 | +€8,521 | +4.9% |
| Other operating charges | 640/8 | €39,946 | €58,226 | +€18,280 | +45.8% |
| Gross operating margin | 9900 | €1,077,700 | €738,888 | -€338,812 | -31.4% |
| Operating profit (loss) | 9901 | -€134,708 | -€330,674 | -€195,966 | -145% |
| Financial income | 75/76B | - | €18,357 | +€18,357 | |
| Recurring financial income | 75 | - | €18,357 | +€18,357 | |
| Non-recurring financial income | 76B | - | €18,357 | +€18,357 | |
| Financial charges | 65/66B | €67,249 | €72,571 | +€5,322 | +7.9% |
| Recurring financial charges | 65 | €67,249 | €72,571 | +€5,322 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | -€201,957 | -€384,887 | -€182,930 | -90.6% |
| Income taxes | 67/77 | €354 | - | -€354 | |
| Profit (loss) for the period | 9904 | -€202,311 | -€384,887 | -€182,577 | -90.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€202,311 | -€384,887 | -€182,577 | -90.2% |
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 27 October 2026 via checked.be.