AFPRO FILTERS: 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.
AFPRO FILTERS
Largest movements
- Cash +€44,453
up €44,453 (+2.2%), from €2.1m to €2.1m
mainly Net result for the year (+€198,466) and Tax, wage and social debts (+€51,054)
- Reserves +€198,466
up €198,466 (+15.2%), from €1.3m to €1.5m
of which Distributable reserves: +€198,466
- Trade debts -€169,903
down €169,903 (-11.6%), from €1.5m to €1.3m
- Tax, wage and social debts +€51,054
up €51,054 (+25.8%), from €197,671 to €248,724
of which Taxes: +€40,555
- Staff costs +€73,175
up €73,175 (+8.9%), from €825,754 to €898,930
- Gross operating margin +€69,103
up €69,103 (+6.3%), from €1.1m to €1.2m
- Financial income -€27,528
down €27,528 (-44.9%), from €61,304 to €33,776
- Other operating charges -€21,499
down €21,499 (-91.2%), from €23,567 to €2,068
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 | €3,056,476 | €3,118,941 | +€62,465 | +2.0% |
| Fixed assets | 21/28 | €51,280 | €71,619 | +€20,338 | +39.7% |
| Tangible fixed assets | 22/27 | €20,568 | €28,436 | +€7,867 | +38.3% |
| Land and buildings | 22 | €20,568 | €15,203 | -€5,366 | -26.1% |
| Plant, machinery and equipment | 23 | - | €13,233 | +€13,233 | |
| Financial fixed assets | 28 | €30,712 | €43,183 | +€12,471 | +40.6% |
| Current assets | 29/58 | €3,005,196 | €3,047,323 | +€42,126 | +1.4% |
| Stocks and contracts in progress | 3 | €19,199 | €23,944 | +€4,744 | +24.7% |
| Stocks | 30/36 | €19,199 | €23,944 | +€4,744 | +24.7% |
| Amounts receivable within one year | 40/41 | €926,382 | €919,311 | -€7,071 | -0.8% |
| Trade receivables | 40 | €926,382 | €914,111 | -€12,271 | -1.3% |
| Other amounts receivable | 41 | - | €5,200 | +€5,200 | |
| Cash at bank and in hand | 54/58 | €2,059,615 | €2,104,068 | +€44,453 | +2.2% |
| Total equity and liabilities | 10/49 | €3,056,476 | €3,118,941 | +€62,465 | +2.0% |
| Equity | 10/15 | €1,320,731 | €1,519,197 | +€198,466 | +15.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,302,139 | €1,500,605 | +€198,466 | +15.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,300,280 | €1,498,746 | +€198,466 | +15.3% |
| Amounts payable | 17/49 | €1,735,745 | €1,599,744 | -€136,001 | -7.8% |
| Amounts payable within one year | 42/48 | €1,665,545 | €1,546,696 | -€118,849 | -7.1% |
| Trade debts | 44 | €1,467,875 | €1,297,972 | -€169,903 | -11.6% |
| Suppliers | 440/4 | €1,467,875 | €1,297,972 | -€169,903 | -11.6% |
| Taxes, remuneration and social security | 45 | €197,671 | €248,724 | +€51,054 | +25.8% |
| Taxes | 450/3 | €111,019 | €151,575 | +€40,555 | +36.5% |
| Remuneration and social security | 454/9 | €86,651 | €97,150 | +€10,498 | +12.1% |
| Accrued charges and deferred income | 492/3 | €70,200 | €53,048 | -€17,152 | -24.4% |
| Non-recurring operating income | 76A | - | €25,077 | +€25,077 | |
| Remuneration, social security and pensions | 62 | €825,754 | €898,930 | +€73,175 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,366 | €8,519 | +€3,153 | +58.8% |
| Other operating charges | 640/8 | €23,567 | €2,068 | -€21,499 | -91.2% |
| Gross operating margin | 9900 | €1,099,174 | €1,168,277 | +€69,103 | +6.3% |
| Operating profit (loss) | 9901 | €244,487 | €258,760 | +€14,273 | +5.8% |
| Financial income | 75/76B | €61,304 | €33,776 | -€27,528 | -44.9% |
| Recurring financial income | 75 | €61,304 | €33,776 | -€27,528 | -44.9% |
| Financial charges | 65/66B | €13,364 | €19,254 | +€5,890 | +44.1% |
| Recurring financial charges | 65 | €13,364 | €19,254 | +€5,890 | +44.1% |
| Profit (loss) for the period before taxes | 9903 | €292,427 | €273,281 | -€19,145 | -6.5% |
| Income taxes | 67/77 | €83,315 | €74,816 | -€8,499 | -10.2% |
| Profit (loss) for the period | 9904 | €209,112 | €198,466 | -€10,646 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €209,112 | €198,466 | -€10,646 | -5.1% |
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 30 October 2026 via checked.be.