AFK TRADING: 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.
AFK TRADING
Largest movements
- Receivables within one year +€23,925
up €23,925 (+167%), from €14,306 to €38,231
of which Other amounts receivable: +€13,108
- Cash -€22,112
down €22,112 (-38.4%), from €57,599 to €35,487
mainly Receivables within one year (-€23,925) and Stocks and contracts (-€9,580)
- Stocks and contracts +€9,580
up €9,580 (+430%), from €2,228 to €11,808
- Tangible fixed assets -€1,489
down €1,489 (-36.9%), from €4,030 to €2,541
of which Furniture and vehicles: -€1,000
- Trade debts +€13,348
up €13,348 (+97.2%), from €13,731 to €27,079
- Profit (loss) carried forward -€4,630
down €4,630 (-8.2%), from €56,726 to €52,096
- Tax, wage and social debts +€1,186
up €1,186 (+178%), from €665 to €1,851
- Gross operating margin -€13,925
down €13,925 (-73.8%), from €18,875 to €4,950
- Other operating charges -€924
down €924 (-73.7%), from €1,254 to €330
- Staff costs -€804
down €804 (-17.7%), from €4,530 to €3,727
- Taxes +€592
up €592 (+18.1%), from €3,274 to €3,866
- Financial income +€359
new in 2025: €359
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 | €78,163 | €88,067 | +€9,904 | +12.7% |
| Fixed assets | 21/28 | €4,030 | €2,541 | -€1,489 | -36.9% |
| Tangible fixed assets | 22/27 | €4,030 | €2,541 | -€1,489 | -36.9% |
| Plant, machinery and equipment | 23 | €1,447 | €958 | -€489 | -33.8% |
| Furniture and vehicles | 24 | €2,583 | €1,583 | -€1,000 | -38.7% |
| Current assets | 29/58 | €74,133 | €85,526 | +€11,393 | +15.4% |
| Stocks and contracts in progress | 3 | €2,228 | €11,808 | +€9,580 | +430% |
| Stocks | 30/36 | €2,228 | €11,808 | +€9,580 | +430% |
| Amounts receivable within one year | 40/41 | €14,306 | €38,231 | +€23,925 | +167% |
| Trade receivables | 40 | €11,642 | €22,459 | +€10,817 | +92.9% |
| Other amounts receivable | 41 | €2,664 | €15,772 | +€13,108 | +492% |
| Cash at bank and in hand | 54/58 | €57,599 | €35,487 | -€22,112 | -38.4% |
| Total equity and liabilities | 10/49 | €78,163 | €88,067 | +€9,904 | +12.7% |
| Equity | 10/15 | €61,726 | €57,096 | -€4,630 | -7.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,726 | €52,096 | -€4,630 | -8.2% |
| Amounts payable | 17/49 | €16,437 | €30,971 | +€14,534 | +88.4% |
| Amounts payable within one year | 42/48 | €16,437 | €30,971 | +€14,534 | +88.4% |
| Trade debts | 44 | €13,731 | €27,079 | +€13,348 | +97.2% |
| Suppliers | 440/4 | €13,731 | €27,079 | +€13,348 | +97.2% |
| Advances received on contracts in progress | 46 | €2,041 | €2,041 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €665 | €1,851 | +€1,186 | +178% |
| Remuneration and social security | 454/9 | €665 | €1,851 | +€1,186 | +178% |
| Remuneration, social security and pensions | 62 | €4,530 | €3,727 | -€804 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,327 | €1,489 | +€162 | +12.2% |
| Other operating charges | 640/8 | €1,254 | €330 | -€924 | -73.7% |
| Gross operating margin | 9900 | €18,875 | €4,950 | -€13,925 | -73.8% |
| Operating profit (loss) | 9901 | €11,763 | -€596 | -€12,360 | |
| Financial income | 75/76B | - | €359 | +€359 | |
| Recurring financial income | 75 | - | €359 | +€359 | |
| Financial charges | 65/66B | €297 | €527 | +€230 | +77.3% |
| Recurring financial charges | 65 | €297 | €527 | +€230 | +77.3% |
| Profit (loss) for the period before taxes | 9903 | €11,466 | -€764 | -€12,230 | |
| Income taxes | 67/77 | €3,274 | €3,866 | +€592 | +18.1% |
| Profit (loss) for the period | 9904 | €8,192 | -€4,630 | -€12,823 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,192 | -€4,630 | -€12,823 |
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 23 October 2026 via checked.be.