AHAG: 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.
AHAG
Largest movements
- Deferred charges and accrued income -€185,202
no longer reported in 2024 (was €185,202)
- Stocks and contracts -€100,365
down €100,365 (-43.5%), from €230,880 to €130,515
- Receivables within one year +€24,265
up €24,265 (+211.5%), from €11,470 to €35,735
of which Other amounts receivable: +€25,225
- Trade debts -€387,531
down €387,531 (-90.4%), from €428,712 to €41,182
- Contributions +€70,000
up €70,000 (+70.0%), from €100,000 to €170,000
- Other debts +€28,611
up €28,611 (+31.3%), from €91,358 to €119,969
- Profit (loss) carried forward +€22,013
up €22,013 (+55.7%), from €39,529 to €61,542
- Tax, wage and social debts +€8,076
up €8,076 (+78.2%), from €10,333 to €18,409
- Gross operating margin +€216,059
up €216,059 (+482.7%), from €44,762 to €260,821
- Staff costs +€188,088
up €188,088 (+17137.9%), from €1,098 to €189,186
- Depreciation +€20,075
up €20,075 (+340.3%), from €5,899 to €25,974
- Financial charges +€14,846
up €14,846 (+3486.5%), from €426 to €15,272
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.
Cash bridge derived
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 | €669,932 | €411,101 | -€258,831 | -38.6% |
| Fixed assets | 21/28 | €241,601 | €242,566 | +€965 | +0.4% |
| Tangible fixed assets | 22/27 | €241,601 | €242,566 | +€965 | +0.4% |
| Land and buildings | 22 | - | €19,492 | +€19,492 | |
| Plant, machinery and equipment | 23 | €241,601 | €223,074 | -€18,527 | -7.7% |
| Current assets | 29/58 | €428,332 | €168,536 | -€259,796 | -60.7% |
| Stocks and contracts in progress | 3 | €230,880 | €130,515 | -€100,365 | -43.5% |
| Stocks | 30/36 | €230,880 | €130,515 | -€100,365 | -43.5% |
| Amounts receivable within one year | 40/41 | €11,470 | €35,735 | +€24,265 | +211.5% |
| Trade receivables | 40 | €960 | - | -€960 | |
| Other amounts receivable | 41 | €10,510 | €35,735 | +€25,225 | +240.0% |
| Cash at bank and in hand | 54/58 | €779 | €2,285 | +€1,506 | +193.4% |
| Deferred charges and accrued income | 490/1 | €185,202 | - | -€185,202 | |
| Total equity and liabilities | 10/49 | €669,932 | €411,101 | -€258,831 | -38.6% |
| Equity | 10/15 | €139,529 | €231,542 | +€92,013 | +65.9% |
| Contributions | 10/11 | €100,000 | €170,000 | +€70,000 | +70.0% |
| Contributions outside capital | 11 | €100,000 | €170,000 | +€70,000 | +70.0% |
| Other | 1109/19 | €100,000 | €170,000 | +€70,000 | +70.0% |
| Profit (loss) carried forward | 14 | €39,529 | €61,542 | +€22,013 | +55.7% |
| Amounts payable | 17/49 | €530,403 | €179,559 | -€350,844 | -66.1% |
| Amounts payable within one year | 42/48 | €530,403 | €179,559 | -€350,844 | -66.1% |
| Trade debts | 44 | €428,712 | €41,182 | -€387,531 | -90.4% |
| Suppliers | 440/4 | €428,712 | €41,182 | -€387,531 | -90.4% |
| Taxes, remuneration and social security | 45 | €10,333 | €18,409 | +€8,076 | +78.2% |
| Taxes | 450/3 | €10,333 | €18,409 | +€8,076 | +78.2% |
| Other amounts payable | 47/48 | €91,358 | €119,969 | +€28,611 | +31.3% |
| Remuneration, social security and pensions | 62 | €1,098 | €189,186 | +€188,088 | +17137.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,899 | €25,974 | +€20,075 | +340.3% |
| Other operating charges | 640/8 | €829 | €305 | -€524 | -63.2% |
| Gross operating margin | 9900 | €44,762 | €260,821 | +€216,059 | +482.7% |
| Operating profit (loss) | 9901 | €36,936 | €45,356 | +€8,420 | +22.8% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €426 | €15,272 | +€14,846 | +3486.5% |
| Recurring financial charges | 65 | €426 | €15,272 | +€14,846 | +3486.5% |
| Profit (loss) for the period before taxes | 9903 | €36,510 | €30,089 | -€6,421 | -17.6% |
| Income taxes | 67/77 | €10,333 | €8,076 | -€2,257 | -21.8% |
| Profit (loss) for the period | 9904 | €26,177 | €22,013 | -€4,165 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,177 | €22,013 | -€4,165 | -15.9% |
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 12 October 2026 via checked.be.