AFONN consulting: 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.
AFONN consulting
Largest movements
- Cash +€95,432
up €95,432 (+402%), from €23,722 to €119,154
mainly Net result for the year (+€109,224) and Other debts (+€87,696)
- Receivables within one year +€2,623
up €2,623 (+5.4%), from €48,886 to €51,509
of which Other amounts receivable: +€3,104
- Reserves -€110,696
down €110,696 (-81.7%), from €135,457 to €24,761
of which Distributable reserves: -€110,696
- Profit (loss) carried forward +€109,224
up €109,224, from -€19,893 to €89,331
- Other debts +€87,696
up €87,696 (+381%), from €23,000 to €110,696
- Tax, wage and social debts +€8,850
up €8,850 (+147%), from €6,027 to €14,877
- Gross operating margin +€127,125
up €127,125 (+1,218%), from €10,438 to €137,563
- Taxes +€26,965
up €26,965 (+8,835%), from €305 to €27,270
- Depreciation -€12,383
down €12,383 (-89.1%), from €13,905 to €1,522
- Financial income -€2,370
down €2,370 (-66.9%), from €3,542 to €1,172
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €157,390 | €252,418 | +€95,028 | +60.4% |
| Fixed assets | 21/28 | €2,997 | €2,623 | -€374 | -12.5% |
| Tangible fixed assets | 22/27 | €2,997 | €2,623 | -€374 | -12.5% |
| Furniture and vehicles | 24 | €2,997 | €2,623 | -€374 | -12.5% |
| Current assets | 29/58 | €154,393 | €249,795 | +€95,402 | +61.8% |
| Amounts receivable within one year | 40/41 | €48,886 | €51,509 | +€2,623 | +5.4% |
| Trade receivables | 40 | €27,706 | €27,225 | -€481 | -1.7% |
| Other amounts receivable | 41 | €21,181 | €24,284 | +€3,104 | +14.7% |
| Current investments | 50/53 | €80,147 | €77,991 | -€2,156 | -2.7% |
| Cash at bank and in hand | 54/58 | €23,722 | €119,154 | +€95,432 | +402% |
| Deferred charges and accrued income | 490/1 | €1,638 | €1,142 | -€497 | -30.3% |
| Total equity and liabilities | 10/49 | €157,390 | €252,418 | +€95,028 | +60.4% |
| Equity | 10/15 | €127,964 | €126,492 | -€1,472 | -1.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €135,457 | €24,761 | -€110,696 | -81.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,433 | €8,433 | = | 0.0% |
| Distributable reserves | 133 | €125,165 | €14,468 | -€110,696 | -88.4% |
| Profit (loss) carried forward | 14 | -€19,893 | €89,331 | +€109,224 | |
| Amounts payable | 17/49 | €29,426 | €125,926 | +€96,500 | +328% |
| Amounts payable within one year | 42/48 | €29,426 | €125,926 | +€96,500 | +328% |
| Trade debts | 44 | €398 | €353 | -€46 | -11.5% |
| Suppliers | 440/4 | €398 | €353 | -€46 | -11.5% |
| Taxes, remuneration and social security | 45 | €6,027 | €14,877 | +€8,850 | +147% |
| Taxes | 450/3 | €6,027 | €14,877 | +€8,850 | +147% |
| Other amounts payable | 47/48 | €23,000 | €110,696 | +€87,696 | +381% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,905 | €1,522 | -€12,383 | -89.1% |
| Other operating charges | 640/8 | €586 | €579 | -€7 | -1.2% |
| Gross operating margin | 9900 | €10,438 | €137,563 | +€127,125 | +1,218% |
| Operating profit (loss) | 9901 | -€4,053 | €135,462 | +€139,516 | |
| Financial income | 75/76B | €3,542 | €1,172 | -€2,370 | -66.9% |
| Recurring financial income | 75 | €3,542 | €1,172 | -€2,370 | -66.9% |
| Financial charges | 65/66B | €140 | €140 | = | 0.0% |
| Recurring financial charges | 65 | €140 | €140 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€651 | €136,494 | +€137,145 | |
| Income taxes | 67/77 | €305 | €27,270 | +€26,965 | +8,835% |
| Profit (loss) for the period | 9904 | -€956 | €109,224 | +€110,180 | |
| Profit (loss) for the period to be appropriated | 9905 | -€956 | €109,224 | +€110,180 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.