AFP Accountancy: what changed
AFP Accountancy
Largest movements
- Cash -€190,194
down €190,194 (-87.6%), from €217,154 to €26,959
mainly Debts after one year (-€174,643) and Provisions (-€41,890)
- Tangible fixed assets -€23,006
down €23,006 (-9.3%), from €248,519 to €225,514
of which Furniture and vehicles: -€15,866
- Receivables within one year -€11,750
down €11,750 (-16.5%), from €71,000 to €59,250
of which Other amounts receivable: -€39,000
- Debts after one year -€174,643
no longer reported in 2025 (was €174,643)
- Provisions -€41,890
down €41,890 (-67.4%), from €62,134 to €20,244
- Tax, wage and social debts -€40,951
down €40,951 (-52.1%), from €78,575 to €37,624
of which Taxes: -€37,246
- Reserves +€38,788
up €38,788 (+7.6%), from €513,429 to €552,216
of which Distributable reserves: +€38,788
- Current portion of long-term debt -€17,442
no longer reported in 2025 (was €17,442)
- Gross operating margin -€117,106
down €117,106 (-41.8%), from €279,941 to €162,835
- Provisions -€37,945
down €37,945 (-962%), from -€3,945 to -€41,890
- Financial income -€37,421
down €37,421 (-98.3%), from €38,068 to €647
- Taxes -€26,039
down €26,039 (-42.3%), from €61,618 to €35,579
- Depreciation +€8,513
up €8,513 (+58.7%), from €14,493 to €23,006
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €934,420 | €709,434 | -€224,986 | -24.1% |
| Fixed assets | 21/28 | €643,722 | €620,716 | -€23,006 | -3.6% |
| Tangible fixed assets | 22/27 | €248,519 | €225,514 | -€23,006 | -9.3% |
| Land and buildings | 22 | €180,004 | €172,864 | -€7,140 | -4.0% |
| Furniture and vehicles | 24 | €68,515 | €52,650 | -€15,866 | -23.2% |
| Financial fixed assets | 28 | €395,203 | €395,203 | = | 0.0% |
| Current assets | 29/58 | €290,698 | €88,718 | -€201,980 | -69.5% |
| Amounts receivable within one year | 40/41 | €71,000 | €59,250 | -€11,750 | -16.5% |
| Trade receivables | 40 | €3,000 | €30,250 | +€27,250 | +908% |
| Other amounts receivable | 41 | €68,000 | €29,000 | -€39,000 | -57.4% |
| Cash at bank and in hand | 54/58 | €217,154 | €26,959 | -€190,194 | -87.6% |
| Deferred charges and accrued income | 490/1 | €2,545 | €2,508 | -€36 | -1.4% |
| Total equity and liabilities | 10/49 | €934,420 | €709,434 | -€224,986 | -24.1% |
| Equity | 10/15 | €532,089 | €570,876 | +€38,788 | +7.3% |
| Contributions | 10/11 | €18,660 | €18,660 | = | 0.0% |
| Reserves | 13 | €513,429 | €552,216 | +€38,788 | +7.6% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €509,429 | €548,216 | +€38,788 | +7.6% |
| Provisions and deferred taxes | 16 | €62,134 | €20,244 | -€41,890 | -67.4% |
| Provisions for liabilities and charges | 160/5 | €62,134 | €20,244 | -€41,890 | -67.4% |
| Pensions and similar obligations | 160 | €20,244 | €20,244 | = | 0.0% |
| Other liabilities and charges | 164/5 | €41,890 | - | -€41,890 | |
| Amounts payable | 17/49 | €340,197 | €118,313 | -€221,884 | -65.2% |
| Amounts payable after more than one year | 17 | €174,643 | - | -€174,643 | |
| Financial debts | 170/4 | €174,643 | - | -€174,643 | |
| Amounts payable within one year | 42/48 | €165,554 | €118,313 | -€47,241 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €17,442 | - | -€17,442 | |
| Trade debts | 44 | €2,749 | €4,131 | +€1,382 | +50.3% |
| Suppliers | 440/4 | €2,749 | €4,131 | +€1,382 | +50.3% |
| Taxes, remuneration and social security | 45 | €78,575 | €37,624 | -€40,951 | -52.1% |
| Taxes | 450/3 | €67,795 | €30,549 | -€37,246 | -54.9% |
| Remuneration and social security | 454/9 | €10,780 | €7,075 | -€3,705 | -34.4% |
| Other amounts payable | 47/48 | €66,789 | €76,559 | +€9,770 | +14.6% |
| Remuneration, social security and pensions | 62 | €49,922 | €50,133 | +€211 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,493 | €23,006 | +€8,513 | +58.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€3,945 | -€41,890 | -€37,945 | -962% |
| Other operating charges | 640/8 | €2,002 | €2,698 | +€696 | +34.8% |
| Gross operating margin | 9900 | €279,941 | €162,835 | -€117,106 | -41.8% |
| Operating profit (loss) | 9901 | €217,469 | €128,888 | -€88,582 | -40.7% |
| Financial income | 75/76B | €38,068 | €647 | -€37,421 | -98.3% |
| Recurring financial income | 75 | €38,068 | €647 | -€37,421 | -98.3% |
| Financial charges | 65/66B | €55,068 | €50,168 | -€4,900 | -8.9% |
| Recurring financial charges | 65 | €55,068 | €50,168 | -€4,900 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €200,470 | €79,367 | -€121,103 | -60.4% |
| Income taxes | 67/77 | €61,618 | €35,579 | -€26,039 | -42.3% |
| Profit (loss) for the period | 9904 | €138,852 | €43,788 | -€95,064 | -68.5% |
| Profit (loss) for the period to be appropriated | 9905 | €138,852 | €43,788 | -€95,064 | -68.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.