AFTAB: 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.
AFTAB
Largest movements
- Stocks and contracts +€7,595
up €7,595 (+59.0%), from €12,873 to €20,468
- Cash +€5,556
up €5,556 (+120.2%), from €4,623 to €10,179
mainly Other debts (+€8,386) and Net result for the year (+€3,867)
- Receivables within one year +€503
up €503 (+61.7%), from €816 to €1,320
of which Trade receivables: +€510
- Tangible fixed assets -€469
down €469 (-27.9%), from €1,679 to €1,210
- Other debts +€8,386
up €8,386 (+49.2%), from €17,033 to €25,419
- Profit (loss) carried forward +€3,867
up €3,867 (+19.6%), from -€19,748 to -€15,880
- Trade debts +€517
up €517 (+15.7%), from €3,285 to €3,802
- Tax, wage and social debts +€435
up €435 (+136.2%), from €319 to €754
- Gross operating margin -€11,004
down €11,004 (-62.3%), from €17,661 to €6,657
- Depreciation -€1,000
down €1,000 (-68.1%), from €1,469 to €469
- Other operating charges +€214
up €214 (+47.5%), from €451 to €665
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 | €21,349 | €34,555 | +€13,205 | +61.9% |
| Fixed assets | 21/28 | €2,552 | €2,083 | -€469 | -18.4% |
| Tangible fixed assets | 22/27 | €1,679 | €1,210 | -€469 | -27.9% |
| Plant, machinery and equipment | 23 | €1,679 | €1,210 | -€469 | -27.9% |
| Financial fixed assets | 28 | €873 | €873 | = | 0.0% |
| Current assets | 29/58 | €18,797 | €32,472 | +€13,674 | +72.7% |
| Stocks and contracts in progress | 3 | €12,873 | €20,468 | +€7,595 | +59.0% |
| Stocks | 30/36 | €12,873 | €20,468 | +€7,595 | +59.0% |
| Amounts receivable within one year | 40/41 | €816 | €1,320 | +€503 | +61.7% |
| Trade receivables | 40 | €792 | €1,302 | +€510 | +64.4% |
| Other amounts receivable | 41 | €24 | €18 | -€6 | -26.2% |
| Cash at bank and in hand | 54/58 | €4,623 | €10,179 | +€5,556 | +120.2% |
| Deferred charges and accrued income | 490/1 | €485 | €505 | +€20 | +4.2% |
| Total equity and liabilities | 10/49 | €21,349 | €34,555 | +€13,205 | +61.9% |
| Equity | 10/15 | €712 | €4,580 | +€3,867 | +542.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,748 | -€15,880 | +€3,867 | +19.6% |
| Amounts payable | 17/49 | €20,637 | €29,975 | +€9,338 | +45.2% |
| Amounts payable within one year | 42/48 | €20,637 | €29,975 | +€9,338 | +45.2% |
| Trade debts | 44 | €3,285 | €3,802 | +€517 | +15.7% |
| Suppliers | 440/4 | €3,285 | €3,802 | +€517 | +15.7% |
| Taxes, remuneration and social security | 45 | €319 | €754 | +€435 | +136.2% |
| Taxes | 450/3 | €319 | €754 | +€435 | +136.2% |
| Other amounts payable | 47/48 | €17,033 | €25,419 | +€8,386 | +49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,469 | €469 | -€1,000 | -68.1% |
| Other operating charges | 640/8 | €451 | €665 | +€214 | +47.5% |
| Gross operating margin | 9900 | €17,661 | €6,657 | -€11,004 | -62.3% |
| Operating profit (loss) | 9901 | €15,740 | €5,522 | -€10,218 | -64.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -90.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -90.9% |
| Financial charges | 65/66B | €1,701 | €1,655 | -€46 | -2.7% |
| Recurring financial charges | 65 | €1,701 | €1,655 | -€46 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €14,040 | €3,867 | -€10,172 | -72.5% |
| Profit (loss) for the period | 9904 | €14,040 | €3,867 | -€10,172 | -72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,040 | €3,867 | -€10,172 | -72.5% |
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 30 September 2026 via checked.be.