AFYA: 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.
AFYA
Largest movements
- Deferred charges and accrued income +€48,805
up €48,805 (+97.9%), from €49,860 to €98,665
- Cash -€33,939
down €33,939 (-75.9%), from €44,738 to €10,799
mainly Other debts (-€60,750) and Deferred charges and accrued income (-€48,805)
- Tangible fixed assets -€19,112
down €19,112 (-7.2%), from €267,254 to €248,141
of which Land and buildings: -€18,288
- Reserves +€105,000
up €105,000 (+10.5%), from €997,605 to €1.1m
of which Non-distributable reserves: +€105,000
- Other debts -€60,750
no longer reported in 2025 (was €60,750)
- Tax, wage and social debts -€23,928
down €23,928 (-76.8%), from €31,172 to €7,244
- Debts after one year -€18,462
no longer reported in 2025 (was €18,462)
- Other operating charges +€3,443
up €3,443 (+204.9%), from €1,680 to €5,123
- Financial income -€3,055
down €3,055 (-6.7%), from €45,464 to €42,410
- Financial charges -€1,780
down €1,780 (-25.3%), from €7,043 to €5,263
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 | €1,159,183 | €1,146,803 | -€12,380 | -1.1% |
| Fixed assets | 21/28 | €271,180 | €252,067 | -€19,112 | -7.0% |
| Tangible fixed assets | 22/27 | €267,254 | €248,141 | -€19,112 | -7.2% |
| Land and buildings | 22 | €266,262 | €247,974 | -€18,288 | -6.9% |
| Furniture and vehicles | 24 | €992 | €167 | -€825 | -83.2% |
| Financial fixed assets | 28 | €3,926 | €3,926 | = | 0.0% |
| Current assets | 29/58 | €888,003 | €894,735 | +€6,733 | +0.8% |
| Amounts receivable within one year | 40/41 | €793,405 | €785,272 | -€8,133 | -1.0% |
| Trade receivables | 40 | - | €220 | +€220 | |
| Other amounts receivable | 41 | €793,405 | €785,052 | -€8,353 | -1.1% |
| Cash at bank and in hand | 54/58 | €44,738 | €10,799 | -€33,939 | -75.9% |
| Deferred charges and accrued income | 490/1 | €49,860 | €98,665 | +€48,805 | +97.9% |
| Total equity and liabilities | 10/49 | €1,159,183 | €1,146,803 | -€12,380 | -1.1% |
| Equity | 10/15 | €1,011,574 | €1,117,227 | +€105,652 | +10.4% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €997,605 | €1,102,605 | +€105,000 | +10.5% |
| Non-distributable reserves | 130/1 | €580,105 | €685,105 | +€105,000 | +18.1% |
| Reserves not available under the articles | 1311 | €580,105 | €685,105 | +€105,000 | +18.1% |
| Distributable reserves | 133 | €417,500 | €417,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,910 | €6,562 | +€652 | +11.0% |
| Amounts payable | 17/49 | €147,608 | €29,576 | -€118,032 | -80.0% |
| Amounts payable after more than one year | 17 | €18,462 | - | -€18,462 | |
| Financial debts | 170/4 | €18,462 | - | -€18,462 | |
| Amounts payable within one year | 42/48 | €128,413 | €28,981 | -€99,432 | -77.4% |
| Current portion of amounts payable after more than one year | 42 | €26,599 | €18,462 | -€8,137 | -30.6% |
| Financial debts | 43 | - | €171 | +€171 | |
| Credit institutions | 430/8 | - | €171 | +€171 | |
| Trade debts | 44 | €9,892 | €3,104 | -€6,788 | -68.6% |
| Suppliers | 440/4 | €9,892 | €3,104 | -€6,788 | -68.6% |
| Taxes, remuneration and social security | 45 | €31,172 | €7,244 | -€23,928 | -76.8% |
| Taxes | 450/3 | €31,172 | €7,244 | -€23,928 | -76.8% |
| Other amounts payable | 47/48 | €60,750 | - | -€60,750 | |
| Accrued charges and deferred income | 492/3 | €734 | €595 | -€138 | -18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,200 | €19,112 | -€88 | -0.5% |
| Other operating charges | 640/8 | €1,680 | €5,123 | +€3,443 | +204.9% |
| Gross operating margin | 9900 | €139,330 | €139,128 | -€202 | -0.1% |
| Operating profit (loss) | 9901 | €118,450 | €114,893 | -€3,557 | -3.0% |
| Financial income | 75/76B | €45,464 | €42,410 | -€3,055 | -6.7% |
| Recurring financial income | 75 | €45,464 | €42,410 | -€3,055 | -6.7% |
| Financial charges | 65/66B | €7,043 | €5,263 | -€1,780 | -25.3% |
| Recurring financial charges | 65 | €7,043 | €5,263 | -€1,780 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €156,871 | €152,040 | -€4,831 | -3.1% |
| Income taxes | 67/77 | €47,606 | €46,388 | -€1,219 | -2.6% |
| Profit (loss) for the period | 9904 | €109,265 | €105,652 | -€3,613 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €109,265 | €105,652 | -€3,613 | -3.3% |
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 28 September 2026 via checked.be.