AFRIMAR: 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.
AFRIMAR
Largest movements
- Stocks and contracts +€4.2m
up €4.2m (+191%), from €2.2m to €6.5m
- Receivables within one year +€93,348
up €93,348 (+9.8%), from €948,769 to €1.0m
of which Trade receivables: +€589,983
- Other debts +€3.7m
up €3.7m (+315%), from €1.2m to €4.9m
- Trade debts +€508,624
up €508,624 (+889%), from €57,244 to €565,868
- Reserves +€75,309
up €75,309 (+4.0%), from €1.9m to €1.9m
of which Distributable reserves: +€75,309
- Turnover +€3.2m
up €3.2m (+25.9%), from €12.2m to €15.4m
- Goods and materials +€3.2m
up €3.2m (+26.0%), from €12.1m to €15.3m
of which Purchases: +€11.9m
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,178,580 | €7,504,666 | +€4.3m | +136% |
| Fixed assets | 21/28 | €123 | €123 | = | 0.0% |
| Financial fixed assets | 28 | €123 | €123 | = | 0.0% |
| Affiliated companies | 280/1 | €123 | €123 | = | 0.0% |
| Participating interests | 280 | €123 | €123 | = | 0.0% |
| Current assets | 29/58 | €3,178,457 | €7,504,543 | +€4.3m | +136% |
| Stocks and contracts in progress | 3 | €2,221,029 | €6,453,340 | +€4.2m | +191% |
| Stocks | 30/36 | €2,221,029 | €6,453,340 | +€4.2m | +191% |
| Raw materials and consumables | 30/31 | €2,221,029 | €6,453,340 | +€4.2m | +191% |
| Amounts receivable within one year | 40/41 | €948,769 | €1,042,117 | +€93,348 | +9.8% |
| Trade receivables | 40 | €415,505 | €1,005,489 | +€589,983 | +142% |
| Other amounts receivable | 41 | €533,264 | €36,628 | -€496,636 | -93.1% |
| Deferred charges and accrued income | 490/1 | €8,659 | €9,087 | +€428 | +4.9% |
| Total equity and liabilities | 10/49 | €3,178,580 | €7,504,666 | +€4.3m | +136% |
| Equity | 10/15 | €1,936,593 | €2,011,902 | +€75,309 | +3.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,874,593 | €1,949,902 | +€75,309 | +4.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,868,393 | €1,943,702 | +€75,309 | +4.0% |
| Amounts payable | 17/49 | €1,241,987 | €5,492,765 | +€4.3m | +342% |
| Amounts payable within one year | 42/48 | €1,241,987 | €5,492,765 | +€4.3m | +342% |
| Trade debts | 44 | €57,244 | €565,868 | +€508,624 | +889% |
| Suppliers | 440/4 | €57,244 | €565,868 | +€508,624 | +889% |
| Taxes, remuneration and social security | 45 | €8,607 | €43,116 | +€34,509 | +401% |
| Taxes | 450/3 | €8,607 | €43,116 | +€34,509 | +401% |
| Other amounts payable | 47/48 | €1,176,136 | €4,883,780 | +€3.7m | +315% |
| Operating income | 70/76A | €12,211,927 | €15,373,789 | +€3.2m | +25.9% |
| Turnover | 70 | €12,211,927 | €15,373,789 | +€3.2m | +25.9% |
| Operating charges | 60/66A | €12,171,151 | €15,323,750 | +€3.2m | +25.9% |
| Goods for resale, raw materials and consumables | 60 | €12,104,322 | €15,254,510 | +€3.2m | +26.0% |
| Purchases | 600/8 | €7,612,392 | €19,486,821 | +€11.9m | +156% |
| Change in stocks: decrease (increase) | 609 | €4,491,930 | -€4,232,311 | -€8.7m | |
| Services and other goods | 61 | €66,711 | €69,045 | +€2,334 | +3.5% |
| Other operating charges | 640/8 | €118 | €195 | +€77 | +65.3% |
| Operating profit (loss) | 9901 | €40,776 | €50,039 | +€9,263 | +22.7% |
| Financial income | 75/76B | €276,223 | €234,056 | -€42,167 | -15.3% |
| Recurring financial income | 75 | €276,223 | €234,056 | -€42,167 | -15.3% |
| Income from current assets | 751 | €276,223 | €234,056 | -€42,167 | -15.3% |
| Financial charges | 65/66B | €171,222 | €125,946 | -€45,276 | -26.4% |
| Recurring financial charges | 65 | €171,222 | €125,946 | -€45,276 | -26.4% |
| Debt charges | 650 | €169,238 | €124,056 | -€45,182 | -26.7% |
| Other financial charges | 652/9 | €1,984 | €1,890 | -€94 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €145,777 | €158,149 | +€12,373 | +8.5% |
| Income taxes | 67/77 | €3,813 | €82,840 | +€79,028 | +2,073% |
| Taxes | 670/3 | €3,813 | €82,840 | +€79,028 | +2,073% |
| Profit (loss) for the period | 9904 | €141,964 | €75,309 | -€66,655 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €141,964 | €75,309 | -€66,655 | -47.0% |
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 16 October 2026 via checked.be.