AHEVA: 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.
AHEVA
Largest movements
- Cash +€78,942
up €78,942 (+76.5%), from €103,136 to €182,078
mainly Net result for the year (+€101,975) and Receivables within one year (+€10,206)
- Current investments +€35,120
new in 2025: €35,120
- Receivables within one year -€10,206
down €10,206 (-17.0%), from €59,911 to €49,705
of which Other amounts receivable: -€14,053
- Reserves +€101,975
up €101,975 (+67.6%), from €150,923 to €252,899
- Gross operating margin +€19,712
up €19,712 (+17.3%), from €114,085 to €133,796
- Taxes +€4,294
up €4,294 (+18.2%), from €23,620 to €27,914
- Financial charges +€2,156
up €2,156 (+627.1%), from €344 to €2,500
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 | €163,770 | €269,734 | +€105,964 | +64.7% |
| Fixed assets | 21/28 | €526 | €2,612 | +€2,085 | +396.2% |
| Tangible fixed assets | 22/27 | €526 | €2,612 | +€2,085 | +396.2% |
| Plant, machinery and equipment | 23 | - | €2,612 | +€2,612 | |
| Furniture and vehicles | 24 | €526 | €0 | -€526 | -100.0% |
| Current assets | 29/58 | €163,243 | €267,122 | +€103,879 | +63.6% |
| Amounts receivable within one year | 40/41 | €59,911 | €49,705 | -€10,206 | -17.0% |
| Trade receivables | 40 | €44,717 | €48,564 | +€3,848 | +8.6% |
| Other amounts receivable | 41 | €15,194 | €1,141 | -€14,053 | -92.5% |
| Current investments | 50/53 | - | €35,120 | +€35,120 | |
| Cash at bank and in hand | 54/58 | €103,136 | €182,078 | +€78,942 | +76.5% |
| Deferred charges and accrued income | 490/1 | €197 | €219 | +€22 | +11.2% |
| Total equity and liabilities | 10/49 | €163,770 | €269,734 | +€105,964 | +64.7% |
| Equity | 10/15 | €151,423 | €253,399 | +€101,975 | +67.3% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €150,923 | €252,899 | +€101,975 | +67.6% |
| Distributable reserves | 133 | €150,923 | €252,899 | +€101,975 | +67.6% |
| Amounts payable | 17/49 | €12,347 | €16,335 | +€3,989 | +32.3% |
| Amounts payable within one year | 42/48 | €12,347 | €16,335 | +€3,989 | +32.3% |
| Trade debts | 44 | €388 | €789 | +€402 | +103.6% |
| Suppliers | 440/4 | €388 | €789 | +€402 | +103.6% |
| Taxes, remuneration and social security | 45 | €10,554 | €13,239 | +€2,685 | +25.4% |
| Taxes | 450/3 | €10,554 | €13,239 | +€2,685 | +25.4% |
| Other amounts payable | 47/48 | €1,405 | €2,307 | +€902 | +64.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €546 | €1,416 | +€869 | +159.1% |
| Other operating charges | 640/8 | €795 | €528 | -€267 | -33.6% |
| Gross operating margin | 9900 | €114,085 | €133,796 | +€19,712 | +17.3% |
| Operating profit (loss) | 9901 | €112,743 | €131,853 | +€19,110 | +16.9% |
| Financial income | 75/76B | €397 | €537 | +€140 | +35.2% |
| Recurring financial income | 75 | €397 | €537 | +€140 | +35.2% |
| Financial charges | 65/66B | €344 | €2,500 | +€2,156 | +627.1% |
| Recurring financial charges | 65 | €344 | €2,500 | +€2,156 | +627.1% |
| Profit (loss) for the period before taxes | 9903 | €112,797 | €129,890 | +€17,093 | +15.2% |
| Income taxes | 67/77 | €23,620 | €27,914 | +€4,294 | +18.2% |
| Profit (loss) for the period | 9904 | €89,176 | €101,975 | +€12,799 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €89,176 | €101,975 | +€12,799 | +14.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.