AFiniCial: 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.
AFiniCial
Largest movements
- Cash -€78,767
down €78,767 (-14.8%), from €533,972 to €455,205
mainly Net result for the year (-€62,531) and Debts after one year (-€50,047)
- Tangible fixed assets -€33,604
down €33,604 (-4.2%), from €794,058 to €760,454
of which Land and buildings: -€41,213
- Profit (loss) carried forward -€62,531
down €62,531 (-6.4%), from €978,494 to €915,963
- Debts after one year -€50,047
down €50,047 (-14.4%), from €346,772 to €296,725
- Gross operating margin +€17,125
up €17,125 (+56.7%), from -€30,195 to -€13,070
- Depreciation +€5,956
up €5,956 (+23.2%), from €25,684 to €31,640
- Financial charges -€2,575
down €2,575 (-59.7%), from -€4,311 to -€6,887
- Other operating charges -€2,082
down €2,082 (-31.6%), from €6,582 to €4,501
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 | €1,328,030 | €1,215,659 | -€112,371 | -8.5% |
| Fixed assets | 21/28 | €794,058 | €760,454 | -€33,604 | -4.2% |
| Tangible fixed assets | 22/27 | €794,058 | €760,454 | -€33,604 | -4.2% |
| Land and buildings | 22 | €742,046 | €700,833 | -€41,213 | -5.6% |
| Plant, machinery and equipment | 23 | €46,384 | €58,230 | +€11,847 | +25.5% |
| Furniture and vehicles | 24 | €5,629 | €1,391 | -€4,238 | -75.3% |
| Current assets | 29/58 | €533,972 | €455,205 | -€78,767 | -14.8% |
| Cash at bank and in hand | 54/58 | €533,972 | €455,205 | -€78,767 | -14.8% |
| Total equity and liabilities | 10/49 | €1,328,030 | €1,215,659 | -€112,371 | -8.5% |
| Equity | 10/15 | €978,594 | €916,063 | -€62,531 | -6.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Contributions outside capital | 11 | €100 | €100 | = | 0.0% |
| Share premium | 1100/10 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €978,494 | €915,963 | -€62,531 | -6.4% |
| Amounts payable | 17/49 | €349,436 | €299,596 | -€49,840 | -14.3% |
| Amounts payable after more than one year | 17 | €346,772 | €296,725 | -€50,047 | -14.4% |
| Other amounts payable | 178/9 | €346,772 | €296,725 | -€50,047 | -14.4% |
| Amounts payable within one year | 42/48 | €2,664 | €2,871 | +€208 | +7.8% |
| Trade debts | 44 | €533 | €493 | -€40 | -7.5% |
| Suppliers | 440/4 | €533 | €493 | -€40 | -7.5% |
| Taxes, remuneration and social security | 45 | €2,131 | €2,378 | +€248 | +11.6% |
| Taxes | 450/3 | €2,131 | €2,378 | +€248 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,684 | €31,640 | +€5,956 | +23.2% |
| Other operating charges | 640/8 | €6,582 | €4,501 | -€2,082 | -31.6% |
| Non-recurring operating charges | 66A | €24,587 | €19,927 | -€4,660 | -19.0% |
| Gross operating margin | 9900 | -€30,195 | -€13,070 | +€17,125 | +56.7% |
| Operating profit (loss) | 9901 | -€87,049 | -€69,138 | +€17,910 | +20.6% |
| Financial charges | 65/66B | -€4,311 | -€6,887 | -€2,575 | -59.7% |
| Recurring financial charges | 65 | -€4,311 | -€6,887 | -€2,575 | -59.7% |
| Profit (loss) for the period before taxes | 9903 | -€82,737 | -€62,252 | +€20,486 | +24.8% |
| Income taxes | 67/77 | €277 | €280 | +€3 | +1.0% |
| Profit (loss) for the period | 9904 | -€83,014 | -€62,531 | +€20,483 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€83,014 | -€62,531 | +€20,483 | +24.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.