AFIXA: 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.
AFIXA
Largest movements
- Cash +€46,712
up €46,712 (+24.6%), from €189,905 to €236,617
mainly Net result for the year (+€54,959) and Depreciation (+€5,680)
- Tangible fixed assets -€4,410
down €4,410 (-13.3%), from €33,100 to €28,690
of which Other tangible fixed assets: -€5,432
- Reserves +€54,126
up €54,126 (+24.8%), from €218,465 to €272,591
- Debts after one year -€6,127
down €6,127 (-100.0%), from €6,127 to €0
- Tax, wage and social debts -€2,926
down €2,926 (-55.5%), from €5,268 to €2,342
- Gross operating margin +€23,660
up €23,660 (+37.6%), from €62,925 to €86,585
- Taxes +€5,745
up €5,745 (+34.6%), from €16,597 to €22,342
- Depreciation -€2,599
down €2,599 (-31.4%), from €8,279 to €5,680
- Financial charges +€1,906
up €1,906 (+605.7%), from €315 to €2,221
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 | €244,295 | €285,390 | +€41,095 | +16.8% |
| Fixed assets | 21/28 | €33,100 | €29,490 | -€3,610 | -10.9% |
| Tangible fixed assets | 22/27 | €33,100 | €28,690 | -€4,410 | -13.3% |
| Plant, machinery and equipment | 23 | - | €1,962 | +€1,962 | |
| Furniture and vehicles | 24 | €2,507 | €1,567 | -€941 | -37.5% |
| Other tangible fixed assets | 26 | €30,593 | €25,161 | -€5,432 | -17.8% |
| Financial fixed assets | 28 | - | €800 | +€800 | |
| Current assets | 29/58 | €211,194 | €255,900 | +€44,706 | +21.2% |
| Amounts receivable within one year | 40/41 | €19,507 | €18,735 | -€772 | -4.0% |
| Trade receivables | 40 | €19,415 | €17,500 | -€1,915 | -9.9% |
| Other amounts receivable | 41 | €93 | €1,235 | +€1,143 | +1234.7% |
| Cash at bank and in hand | 54/58 | €189,905 | €236,617 | +€46,712 | +24.6% |
| Deferred charges and accrued income | 490/1 | €1,782 | €548 | -€1,234 | -69.2% |
| Total equity and liabilities | 10/49 | €244,295 | €285,390 | +€41,095 | +16.8% |
| Equity | 10/15 | €218,465 | €272,591 | +€54,126 | +24.8% |
| Reserves | 13 | €218,465 | €272,591 | +€54,126 | +24.8% |
| Distributable reserves | 133 | €218,465 | €272,591 | +€54,126 | +24.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €25,829 | €12,799 | -€13,031 | -50.4% |
| Amounts payable after more than one year | 17 | €6,127 | €0 | -€6,127 | -100.0% |
| Financial debts | 170/4 | €6,127 | €0 | -€6,127 | -100.0% |
| Amounts payable within one year | 42/48 | €19,703 | €12,799 | -€6,904 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €8,098 | €6,127 | -€1,971 | -24.3% |
| Financial debts | 43 | €29 | €0 | -€29 | -100.0% |
| Credit institutions | 430/8 | €29 | €0 | -€29 | -100.0% |
| Trade debts | 44 | €3,929 | €1,946 | -€1,983 | -50.5% |
| Suppliers | 440/4 | €3,929 | €1,946 | -€1,983 | -50.5% |
| Taxes, remuneration and social security | 45 | €5,268 | €2,342 | -€2,926 | -55.5% |
| Taxes | 450/3 | €5,268 | €2,342 | -€2,926 | -55.5% |
| Other amounts payable | 47/48 | €2,378 | €2,384 | +€5 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,279 | €5,680 | -€2,599 | -31.4% |
| Other operating charges | 640/8 | €1,868 | €1,382 | -€486 | -26.0% |
| Gross operating margin | 9900 | €62,925 | €86,585 | +€23,660 | +37.6% |
| Operating profit (loss) | 9901 | €52,778 | €79,522 | +€26,745 | +50.7% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100.0% |
| Financial charges | 65/66B | €315 | €2,221 | +€1,906 | +605.7% |
| Recurring financial charges | 65 | €315 | €2,221 | +€1,906 | +605.7% |
| Profit (loss) for the period before taxes | 9903 | €52,465 | €77,302 | +€24,837 | +47.3% |
| Income taxes | 67/77 | €16,597 | €22,342 | +€5,745 | +34.6% |
| Profit (loss) for the period | 9904 | €35,868 | €54,959 | +€19,092 | +53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,868 | €54,959 | +€19,092 | +53.2% |
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 3 October 2026 via checked.be.