AFP pro: 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.
AFP pro
Largest movements
- Cash +€90,031
up €90,031 (+486.6%), from €18,504 to €108,534
mainly Net result for the year (+€140,371) and Other debts (+€52,254)
- Receivables within one year -€10,991
down €10,991 (-4.1%), from €267,375 to €256,383
of which Trade receivables: -€8,635
- Other debts +€52,254
up €52,254 (+59.0%), from €88,616 to €140,870
- Trade debts +€36,568
up €36,568 (+54.0%), from €67,688 to €104,255
- Debts after one year -€15,059
no longer reported in 2025 (was €15,059)
- Tax, wage and social debts +€12,235
up €12,235 (+22.1%), from €55,312 to €67,547
- Current portion of long-term debt -€5,248
down €5,248 (-25.8%), from €20,307 to €15,059
- Other operating charges -€20,271
down €20,271 (-78.7%), from €25,773 to €5,502
- Gross operating margin +€15,373
up €15,373 (+8.5%), from €180,947 to €196,320
- Staff costs -€15,332
down €15,332 (-98.3%), from €15,604 to €272
- Taxes +€5,553
up €5,553 (+14.3%), from €38,940 to €44,493
- Financial charges -€4,118
down €4,118 (-39.4%), from €10,450 to €6,332
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 | €326,936 | €409,227 | +€82,291 | +25.2% |
| Fixed assets | 21/28 | €35,096 | €36,447 | +€1,351 | +3.8% |
| Intangible fixed assets | 21 | €6,689 | €6,245 | -€443 | -6.6% |
| Tangible fixed assets | 22/27 | €28,408 | €30,202 | +€1,794 | +6.3% |
| Plant, machinery and equipment | 23 | €97 | - | -€97 | |
| Furniture and vehicles | 24 | €17,447 | €22,583 | +€5,136 | +29.4% |
| Other tangible fixed assets | 26 | €8,164 | €7,619 | -€545 | -6.7% |
| Assets under construction and advance payments | 27 | €2,700 | - | -€2,700 | |
| Current assets | 29/58 | €291,840 | €372,779 | +€80,940 | +27.7% |
| Amounts receivable within one year | 40/41 | €267,375 | €256,383 | -€10,991 | -4.1% |
| Trade receivables | 40 | €68,200 | €59,566 | -€8,635 | -12.7% |
| Other amounts receivable | 41 | €199,174 | €196,818 | -€2,357 | -1.2% |
| Cash at bank and in hand | 54/58 | €18,504 | €108,534 | +€90,031 | +486.6% |
| Deferred charges and accrued income | 490/1 | €5,961 | €7,862 | +€1,900 | +31.9% |
| Total equity and liabilities | 10/49 | €326,936 | €409,227 | +€82,291 | +25.2% |
| Equity | 10/15 | €36,495 | €36,495 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €17,945 | €17,945 | = | 0.0% |
| Distributable reserves | 133 | €17,945 | €17,945 | = | 0.0% |
| Amounts payable | 17/49 | €290,441 | €372,731 | +€82,291 | +28.3% |
| Amounts payable after more than one year | 17 | €15,059 | - | -€15,059 | |
| Financial debts | 170/4 | €15,059 | - | -€15,059 | |
| Amounts payable within one year | 42/48 | €275,256 | €372,731 | +€97,475 | +35.4% |
| Current portion of amounts payable after more than one year | 42 | €20,307 | €15,059 | -€5,248 | -25.8% |
| Financial debts | 43 | €43,333 | €45,000 | +€1,667 | +3.8% |
| Credit institutions | 430/8 | €43,333 | €45,000 | +€1,667 | +3.8% |
| Trade debts | 44 | €67,688 | €104,255 | +€36,568 | +54.0% |
| Suppliers | 440/4 | €67,688 | €104,255 | +€36,568 | +54.0% |
| Taxes, remuneration and social security | 45 | €55,312 | €67,547 | +€12,235 | +22.1% |
| Taxes | 450/3 | €55,312 | €67,547 | +€12,235 | +22.1% |
| Other amounts payable | 47/48 | €88,616 | €140,870 | +€52,254 | +59.0% |
| Accrued charges and deferred income | 492/3 | €125 | - | -€125 | |
| Remuneration, social security and pensions | 62 | €15,604 | €272 | -€15,332 | -98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,323 | €10,336 | -€1,987 | -16.1% |
| Other operating charges | 640/8 | €25,773 | €5,502 | -€20,271 | -78.7% |
| Gross operating margin | 9900 | €180,947 | €196,320 | +€15,373 | +8.5% |
| Operating profit (loss) | 9901 | €127,247 | €180,210 | +€52,964 | +41.6% |
| Financial income | 75/76B | €10,760 | €10,986 | +€226 | +2.1% |
| Recurring financial income | 75 | €10,760 | €10,986 | +€226 | +2.1% |
| Financial charges | 65/66B | €10,450 | €6,332 | -€4,118 | -39.4% |
| Recurring financial charges | 65 | €10,450 | €6,332 | -€4,118 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | €127,556 | €184,863 | +€57,307 | +44.9% |
| Income taxes | 67/77 | €38,940 | €44,493 | +€5,553 | +14.3% |
| Profit (loss) for the period | 9904 | €88,616 | €140,371 | +€51,755 | +58.4% |
| Profit (loss) for the period to be appropriated | 9905 | €88,616 | €140,371 | +€51,755 | +58.4% |
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 2 October 2026 via checked.be.