AFTERHOURS: 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.
AFTERHOURS
Largest movements
- Receivables within one year -€49,925
down €49,925 (-54.0%), from €92,393 to €42,468
of which Other amounts receivable: -€56,564
- Cash -€7,365
down €7,365 (-11.3%), from €65,149 to €57,785
mainly Contributions, distributions and other (-€31,924) and Net result for the year (-€26,679)
- Tangible fixed assets -€5,201
down €5,201 (-34.0%), from €15,291 to €10,090
of which Furniture and vehicles: -€5,201
- Reserves -€31,924
down €31,924 (-15.5%), from €205,704 to €173,780
of which Distributable reserves: -€31,924
- Profit (loss) carried forward -€26,679
down €26,679 (-44.1%), from -€60,465 to -€87,144
- Current portion of long-term debt -€4,173
no longer reported in 2025 (was €4,173)
- Tax, wage and social debts +€3,925
up €3,925 (+203.5%), from €1,929 to €5,854
- Trade debts -€1,942
down €1,942 (-15.3%), from €12,707 to €10,765
- Gross operating margin +€55,840
up €55,840, from -€13,176 to €42,664
- Financial charges +€23,652
up €23,652 (+63.7%), from €37,148 to €60,799
- Depreciation -€4,707
down €4,707 (-38.5%), from €12,221 to €7,514
- Other operating charges +€481
up €481 (+77.4%), from €622 to €1,103
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 | €174,500 | €113,255 | -€61,245 | -35.1% |
| Fixed assets | 21/28 | €16,359 | €11,158 | -€5,201 | -31.8% |
| Tangible fixed assets | 22/27 | €15,291 | €10,090 | -€5,201 | -34.0% |
| Furniture and vehicles | 24 | €10,041 | €4,840 | -€5,201 | -51.8% |
| Other tangible fixed assets | 26 | €5,250 | €5,250 | = | 0.0% |
| Financial fixed assets | 28 | €1,068 | €1,068 | = | 0.0% |
| Current assets | 29/58 | €158,142 | €102,097 | -€56,044 | -35.4% |
| Amounts receivable within one year | 40/41 | €92,393 | €42,468 | -€49,925 | -54.0% |
| Trade receivables | 40 | €32,627 | €39,266 | +€6,638 | +20.3% |
| Other amounts receivable | 41 | €59,766 | €3,202 | -€56,564 | -94.6% |
| Cash at bank and in hand | 54/58 | €65,149 | €57,785 | -€7,365 | -11.3% |
| Deferred charges and accrued income | 490/1 | €599 | €1,845 | +€1,246 | +207.9% |
| Total equity and liabilities | 10/49 | €174,500 | €113,255 | -€61,245 | -35.1% |
| Equity | 10/15 | €155,239 | €96,636 | -€58,603 | -37.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €205,704 | €173,780 | -€31,924 | -15.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €203,844 | €171,920 | -€31,924 | -15.7% |
| Profit (loss) carried forward | 14 | -€60,465 | -€87,144 | -€26,679 | -44.1% |
| Amounts payable | 17/49 | €19,261 | €16,619 | -€2,643 | -13.7% |
| Amounts payable within one year | 42/48 | €19,261 | €16,619 | -€2,643 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €4,173 | - | -€4,173 | |
| Trade debts | 44 | €12,707 | €10,765 | -€1,942 | -15.3% |
| Suppliers | 440/4 | €12,707 | €10,765 | -€1,942 | -15.3% |
| Taxes, remuneration and social security | 45 | €1,929 | €5,854 | +€3,925 | +203.5% |
| Taxes | 450/3 | €1,929 | €5,854 | +€3,925 | +203.5% |
| Other amounts payable | 47/48 | €453 | - | -€453 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,221 | €7,514 | -€4,707 | -38.5% |
| Other operating charges | 640/8 | €622 | €1,103 | +€481 | +77.4% |
| Non-recurring operating charges | 66A | €402 | - | -€402 | |
| Gross operating margin | 9900 | -€13,176 | €42,664 | +€55,840 | |
| Operating profit (loss) | 9901 | -€26,420 | €34,047 | +€60,467 | |
| Financial income | 75/76B | €49 | €73 | +€25 | +50.2% |
| Recurring financial income | 75 | €49 | €73 | +€25 | +50.2% |
| Financial charges | 65/66B | €37,148 | €60,799 | +€23,652 | +63.7% |
| Recurring financial charges | 65 | €37,148 | €60,799 | +€23,652 | +63.7% |
| Profit (loss) for the period before taxes | 9903 | -€63,519 | -€26,679 | +€36,840 | +58.0% |
| Income taxes | 67/77 | €236 | - | -€236 | |
| Profit (loss) for the period | 9904 | -€63,755 | -€26,679 | +€37,076 | +58.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,755 | -€26,679 | +€37,076 | +58.2% |
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 5 October 2026 via checked.be.