AHIMO: 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.
AHIMO
Largest movements
- Current investments +€50,000
up €50,000 (+11.1%), from €450,000 to €500,000
- Cash -€27,384
down €27,384 (-61.8%), from €44,275 to €16,891
mainly Current investments (-€50,000) and Contributions, distributions and other (-€20,000)
- Tangible fixed assets +€5,945
up €5,945 (+9.6%), from €61,962 to €67,907
- Profit (loss) carried forward +€54,620
up €54,620 (+20.6%), from €265,118 to €319,738
- Reserves -€20,000
down €20,000 (-7.9%), from €253,031 to €233,031
- Trade debts -€5,958
down €5,958 (-93.7%), from €6,361 to €403
- Gross operating margin +€7,813
up €7,813 (+11.2%), from €69,997 to €77,809
- Depreciation +€2,885
up €2,885 (+409%), from €705 to €3,590
- Financial income +€1,154
up €1,154 (+9.0%), from €12,823 to €13,977
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.
Derived cash bridge
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 | €563,236 | €593,633 | +€30,396 | +5.4% |
| Fixed assets | 21/28 | €61,962 | €67,907 | +€5,945 | +9.6% |
| Tangible fixed assets | 22/27 | €61,962 | €67,907 | +€5,945 | +9.6% |
| Land and buildings | 22 | €61,962 | €67,907 | +€5,945 | +9.6% |
| Current assets | 29/58 | €501,275 | €525,726 | +€24,451 | +4.9% |
| Amounts receivable within one year | 40/41 | €7,000 | €8,835 | +€1,835 | +26.2% |
| Other amounts receivable | 41 | €7,000 | €8,835 | +€1,835 | +26.2% |
| Current investments | 50/53 | €450,000 | €500,000 | +€50,000 | +11.1% |
| Cash at bank and in hand | 54/58 | €44,275 | €16,891 | -€27,384 | -61.8% |
| Total equity and liabilities | 10/49 | €563,236 | €593,633 | +€30,396 | +5.4% |
| Equity | 10/15 | €538,609 | €573,229 | +€34,620 | +6.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €253,031 | €233,031 | -€20,000 | -7.9% |
| Distributable reserves | 133 | €253,031 | €233,031 | -€20,000 | -7.9% |
| Profit (loss) carried forward | 14 | €265,118 | €319,738 | +€54,620 | +20.6% |
| Amounts payable | 17/49 | €24,627 | €20,403 | -€4,224 | -17.2% |
| Amounts payable within one year | 42/48 | €24,627 | €20,403 | -€4,224 | -17.2% |
| Trade debts | 44 | €6,361 | €403 | -€5,958 | -93.7% |
| Suppliers | 440/4 | €6,361 | €403 | -€5,958 | -93.7% |
| Other amounts payable | 47/48 | €18,266 | €20,000 | +€1,734 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €705 | €3,590 | +€2,885 | +409% |
| Other operating charges | 640/8 | €15,241 | €15,719 | +€479 | +3.1% |
| Gross operating margin | 9900 | €69,997 | €77,809 | +€7,813 | +11.2% |
| Operating profit (loss) | 9901 | €54,051 | €58,501 | +€4,450 | +8.2% |
| Financial income | 75/76B | €12,823 | €13,977 | +€1,154 | +9.0% |
| Recurring financial income | 75 | €12,823 | €13,977 | +€1,154 | +9.0% |
| Financial charges | 65/66B | €209 | €345 | +€136 | +65.3% |
| Recurring financial charges | 65 | €209 | €345 | +€136 | +65.3% |
| Profit (loss) for the period before taxes | 9903 | €66,666 | €72,133 | +€5,467 | +8.2% |
| Income taxes | 67/77 | €16,802 | €17,513 | +€710 | +4.2% |
| Profit (loss) for the period | 9904 | €49,863 | €54,620 | +€4,757 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,863 | €54,620 | +€4,757 | +9.5% |
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 15 October 2026 via checked.be.