AfricPass: 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.
AfricPass
Largest movements
- Cash +€7,631
up €7,631 (+14.1%), from €54,188 to €61,819
mainly Net result for the year (+€5,910) and Other debts (+€1,606)
- Profit (loss) carried forward +€5,910
up €5,910 (+15.1%), from €39,144 to €45,053
- Other debts +€1,606
up €1,606 (+23.9%), from €6,733 to €8,338
- Tax, wage and social debts -€832
down €832 (-27.9%), from €2,983 to €2,151
- Trade debts +€752
new in 2025: €752
- Gross operating margin -€2,899
down €2,899 (-24.5%), from €11,809 to €8,910
- Taxes -€832
down €832 (-27.9%), from €2,983 to €2,151
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 | €55,322 | €62,758 | +€7,436 | +13.4% |
| Current assets | 29/58 | €55,322 | €62,758 | +€7,436 | +13.4% |
| Amounts receivable within one year | 40/41 | €579 | €259 | -€320 | -55.3% |
| Trade receivables | 40 | €579 | €259 | -€320 | -55.3% |
| Current investments | 50/53 | €556 | €681 | +€125 | +22.5% |
| Cash at bank and in hand | 54/58 | €54,188 | €61,819 | +€7,631 | +14.1% |
| Total equity and liabilities | 10/49 | €55,322 | €62,758 | +€7,436 | +13.4% |
| Equity | 10/15 | €45,607 | €51,516 | +€5,910 | +13.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €263 | €263 | = | 0.0% |
| Non-distributable reserves | 130/1 | €263 | €263 | = | 0.0% |
| Reserves not available under the articles | 1311 | €263 | €263 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,144 | €45,053 | +€5,910 | +15.1% |
| Amounts payable | 17/49 | €9,716 | €11,242 | +€1,526 | +15.7% |
| Amounts payable within one year | 42/48 | €9,716 | €11,242 | +€1,526 | +15.7% |
| Trade debts | 44 | - | €752 | +€752 | |
| Suppliers | 440/4 | - | €752 | +€752 | |
| Taxes, remuneration and social security | 45 | €2,983 | €2,151 | -€832 | -27.9% |
| Taxes | 450/3 | €2,983 | €2,151 | -€832 | -27.9% |
| Other amounts payable | 47/48 | €6,733 | €8,338 | +€1,606 | +23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24 | - | -€24 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €11,809 | €8,910 | -€2,899 | -24.5% |
| Operating profit (loss) | 9901 | €11,398 | €8,511 | -€2,887 | -25.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €459 | €450 | -€9 | -2.0% |
| Recurring financial charges | 65 | €459 | €450 | -€9 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €10,940 | €8,061 | -€2,879 | -26.3% |
| Income taxes | 67/77 | €2,983 | €2,151 | -€832 | -27.9% |
| Profit (loss) for the period | 9904 | €7,957 | €5,910 | -€2,047 | -25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,957 | €5,910 | -€2,047 | -25.7% |
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 24 October 2026 via checked.be.