AFINANCE: 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.
AFINANCE
Largest movements
- Current investments -€130,000
no longer reported in 2025 (was €130,000)
- Cash +€120,661
up €120,661 (+1457.2%), from €8,280 to €128,942
mainly Current investments (+€130,000) and Net result for the year (+€15,914)
- Receivables within one year +€3,123
up €3,123 (+17.0%), from €18,336 to €21,459
of which Other amounts receivable: +€1,877
- Tax, wage and social debts -€19,733
down €19,733 (-69.0%), from €28,584 to €8,851
- Other debts +€15,708
up €15,708 (+15.2%), from €103,555 to €119,263
- Profit (loss) carried forward -€3,126
down €3,126 (-100.0%), from €3,126 to €0
- Gross operating margin -€103,333
down €103,333 (-81.3%), from €127,169 to €23,836
- Taxes -€25,490
down €25,490 (-79.8%), from €31,956 to €6,466
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 | €163,425 | €155,478 | -€7,947 | -4.9% |
| Fixed assets | 21/28 | €5,961 | €4,648 | -€1,313 | -22.0% |
| Tangible fixed assets | 22/27 | €5,961 | €4,408 | -€1,553 | -26.0% |
| Furniture and vehicles | 24 | €5,961 | €4,408 | -€1,553 | -26.0% |
| Financial fixed assets | 28 | - | €240 | +€240 | |
| Current assets | 29/58 | €157,464 | €150,830 | -€6,634 | -4.2% |
| Amounts receivable within one year | 40/41 | €18,336 | €21,459 | +€3,123 | +17.0% |
| Trade receivables | 40 | €17,787 | €19,033 | +€1,246 | +7.0% |
| Other amounts receivable | 41 | €549 | €2,426 | +€1,877 | +342.0% |
| Current investments | 50/53 | €130,000 | - | -€130,000 | |
| Cash at bank and in hand | 54/58 | €8,280 | €128,942 | +€120,661 | +1457.2% |
| Deferred charges and accrued income | 490/1 | €848 | €429 | -€419 | -49.4% |
| Total equity and liabilities | 10/49 | €163,425 | €155,478 | -€7,947 | -4.9% |
| Equity | 10/15 | €21,926 | €18,800 | -€3,126 | -14.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,126 | €0 | -€3,126 | -100.0% |
| Amounts payable | 17/49 | €141,499 | €136,678 | -€4,820 | -3.4% |
| Amounts payable within one year | 42/48 | €141,353 | €136,678 | -€4,674 | -3.3% |
| Trade debts | 44 | €9,214 | €8,564 | -€650 | -7.1% |
| Suppliers | 440/4 | €9,214 | €8,564 | -€650 | -7.1% |
| Taxes, remuneration and social security | 45 | €28,584 | €8,851 | -€19,733 | -69.0% |
| Taxes | 450/3 | €28,584 | €8,851 | -€19,733 | -69.0% |
| Other amounts payable | 47/48 | €103,555 | €119,263 | +€15,708 | +15.2% |
| Accrued charges and deferred income | 492/3 | €146 | - | -€146 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,914 | €1,553 | -€361 | -18.9% |
| Other operating charges | 640/8 | €387 | €521 | +€134 | +34.5% |
| Gross operating margin | 9900 | €127,169 | €23,836 | -€103,333 | -81.3% |
| Operating profit (loss) | 9901 | €124,868 | €21,762 | -€103,105 | -82.6% |
| Financial income | 75/76B | €487 | €769 | +€283 | +58.1% |
| Recurring financial income | 75 | €487 | €769 | +€283 | +58.1% |
| Financial charges | 65/66B | €144 | €151 | +€7 | +4.9% |
| Recurring financial charges | 65 | €144 | €151 | +€7 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €125,210 | €22,380 | -€102,830 | -82.1% |
| Income taxes | 67/77 | €31,956 | €6,466 | -€25,490 | -79.8% |
| Profit (loss) for the period | 9904 | €93,254 | €15,914 | -€77,340 | -82.9% |
| Profit (loss) for the period to be appropriated | 9905 | €93,254 | €15,914 | -€77,340 | -82.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.