AH DEVELOPMENT: 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.
AH DEVELOPMENT
Largest movements
- Receivables within one year -€25,911
down €25,911 (-100.0%), from €25,911 to €0
of which Trade receivables: -€25,000
- Cash +€25,100
up €25,100 (+2763.6%), from €908 to €26,008
mainly Contributions, distributions and other (+€193,800) and Receivables within one year (+€25,911)
- Financial fixed assets +€17,521
up €17,521 (+24.4%), from €71,767 to €89,289
- Contributions +€193,800
up €193,800 (+3125.8%), from €6,200 to €200,000
- Debts after one year -€171,113
down €171,113 (-85.1%), from €201,113 to €30,000
- Profit (loss) carried forward -€5,946
down €5,946 (-5.4%), from -€110,127 to -€116,073
- Financial charges -€109,126
down €109,126 (-99.5%), from €109,620 to €494
- Gross operating margin -€1,430
down €1,430 (-44.4%), from -€3,221 to -€4,651
- Other operating charges +€153
up €153 (+23.7%), from €647 to €801
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 | €98,586 | €115,297 | +€16,711 | +17.0% |
| Fixed assets | 21/28 | €71,767 | €89,289 | +€17,521 | +24.4% |
| Financial fixed assets | 28 | €71,767 | €89,289 | +€17,521 | +24.4% |
| Current assets | 29/58 | €26,819 | €26,008 | -€811 | -3.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €25,911 | €0 | -€25,911 | -100.0% |
| Trade receivables | 40 | €25,000 | €0 | -€25,000 | -100.0% |
| Other amounts receivable | 41 | €911 | €0 | -€911 | -100.0% |
| Cash at bank and in hand | 54/58 | €908 | €26,008 | +€25,100 | +2763.6% |
| Total equity and liabilities | 10/49 | €98,586 | €115,297 | +€16,711 | +17.0% |
| Equity | 10/15 | -€103,137 | €84,717 | +€187,854 | |
| Contributions | 10/11 | €6,200 | €200,000 | +€193,800 | +3125.8% |
| Reserves | 13 | €789 | €789 | = | 0.0% |
| Distributable reserves | 133 | €789 | €789 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,127 | -€116,073 | -€5,946 | -5.4% |
| Amounts payable | 17/49 | €201,723 | €30,580 | -€171,143 | -84.8% |
| Amounts payable after more than one year | 17 | €201,113 | €30,000 | -€171,113 | -85.1% |
| Other amounts payable | 178/9 | €201,113 | €30,000 | -€171,113 | -85.1% |
| Amounts payable within one year | 42/48 | €610 | €580 | -€30 | -4.9% |
| Trade debts | 44 | €610 | €580 | -€30 | -4.9% |
| Suppliers | 440/4 | €610 | €580 | -€30 | -4.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €647 | €801 | +€153 | +23.7% |
| Gross operating margin | 9900 | -€3,221 | -€4,651 | -€1,430 | -44.4% |
| Operating profit (loss) | 9901 | -€3,868 | -€5,452 | -€1,584 | -40.9% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €109,620 | €494 | -€109,126 | -99.5% |
| Recurring financial charges | 65 | €109,620 | €494 | -€109,126 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | -€113,488 | -€5,946 | +€107,542 | +94.8% |
| Profit (loss) for the period | 9904 | -€113,488 | -€5,946 | +€107,542 | +94.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€113,488 | -€5,946 | +€107,542 | +94.8% |
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 29 September 2026 via checked.be.