AFRIN: 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.
AFRIN
Largest movements
- Cash -€897
down €897 (-15.2%), from €5,894 to €4,996
mainly Net result for the year (-€1,638) and Tax, wage and social debts (-€610)
- Receivables within one year -€303
down €303 (-4.9%), from €6,176 to €5,873
- Profit (loss) carried forward -€1,638
down €1,638 (-19.4%), from -€8,432 to -€10,070
- Trade debts +€1,049
up €1,049 (+82.6%), from €1,270 to €2,318
- Tax, wage and social debts -€610
down €610 (-96.6%), from €632 to €21
of which Remuneration and social security: -€480
- Other operating charges +€171
up €171 (+29.2%), from €584 to €755
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,070 | €10,870 | -€1,200 | -9.9% |
| Current assets | 29/58 | €12,070 | €10,870 | -€1,200 | -9.9% |
| Amounts receivable within one year | 40/41 | €6,176 | €5,873 | -€303 | -4.9% |
| Other amounts receivable | 41 | €6,176 | €5,873 | -€303 | -4.9% |
| Cash at bank and in hand | 54/58 | €5,894 | €4,996 | -€897 | -15.2% |
| Total equity and liabilities | 10/49 | €12,070 | €10,870 | -€1,200 | -9.9% |
| Equity | 10/15 | €10,168 | €8,530 | -€1,638 | -16.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,432 | -€10,070 | -€1,638 | -19.4% |
| Amounts payable | 17/49 | €1,901 | €2,340 | +€438 | +23.1% |
| Amounts payable within one year | 42/48 | €1,901 | €2,340 | +€438 | +23.1% |
| Trade debts | 44 | €1,270 | €2,318 | +€1,049 | +82.6% |
| Suppliers | 440/4 | €1,270 | €2,318 | +€1,049 | +82.6% |
| Taxes, remuneration and social security | 45 | €632 | €21 | -€610 | -96.6% |
| Taxes | 450/3 | €130 | - | -€130 | |
| Remuneration and social security | 454/9 | €502 | €21 | -€480 | -95.7% |
| Other operating charges | 640/8 | €584 | €755 | +€171 | +29.2% |
| Gross operating margin | 9900 | -€803 | -€808 | -€5 | -0.6% |
| Operating profit (loss) | 9901 | -€1,388 | -€1,563 | -€176 | -12.7% |
| Financial charges | 65/66B | €80 | €75 | -€5 | -5.7% |
| Recurring financial charges | 65 | €80 | €75 | -€5 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,467 | -€1,638 | -€171 | -11.7% |
| Profit (loss) for the period | 9904 | -€1,467 | -€1,638 | -€171 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,467 | -€1,638 | -€171 | -11.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.