AHMADZAI AR: 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.
AHMADZAI AR
Largest movements
- Cash -€19,805
down €19,805 (-69.2%), from €28,622 to €8,816
mainly Receivables within one year (-€13,379) and Deferred charges and accrued income (-€10,390)
- Receivables within one year +€13,379
up €13,379 (+35.2%), from €37,968 to €51,347
of which Trade receivables: +€12,564
- Deferred charges and accrued income +€10,390
up €10,390 (+2997.0%), from €347 to €10,736
- Tangible fixed assets -€1,453
down €1,453 (-51.6%), from €2,816 to €1,363
- Trade debts +€10,503
up €10,503 (+235.8%), from €4,455 to €14,958
- Tax, wage and social debts -€8,720
down €8,720 (-74.3%), from €11,737 to €3,017
- Profit (loss) carried forward +€1,121
up €1,121 (+2.4%), from €46,217 to €47,338
- Gross operating margin +€1,087
up €1,087 (+32.6%), from €3,331 to €4,418
- Taxes +€724
new in 2025: €724
- Other operating charges -€227
down €227 (-18.9%), from €1,201 to €974
- Financial charges +€85
up €85 (+141.4%), from €60 to €146
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 | €69,802 | €72,313 | +€2,511 | +3.6% |
| Fixed assets | 21/28 | €2,866 | €1,413 | -€1,453 | -50.7% |
| Tangible fixed assets | 22/27 | €2,816 | €1,363 | -€1,453 | -51.6% |
| Furniture and vehicles | 24 | €2,816 | €1,363 | -€1,453 | -51.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €66,936 | €70,900 | +€3,964 | +5.9% |
| Amounts receivable within one year | 40/41 | €37,968 | €51,347 | +€13,379 | +35.2% |
| Trade receivables | 40 | €34,459 | €47,023 | +€12,564 | +36.5% |
| Other amounts receivable | 41 | €3,508 | €4,324 | +€816 | +23.3% |
| Cash at bank and in hand | 54/58 | €28,622 | €8,816 | -€19,805 | -69.2% |
| Deferred charges and accrued income | 490/1 | €347 | €10,736 | +€10,390 | +2997.0% |
| Total equity and liabilities | 10/49 | €69,802 | €72,313 | +€2,511 | +3.6% |
| Equity | 10/15 | €53,217 | €54,338 | +€1,121 | +2.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €7,000 | +€7,000 | |
| Other | 1109/19 | - | €7,000 | +€7,000 | |
| Profit (loss) carried forward | 14 | €46,217 | €47,338 | +€1,121 | +2.4% |
| Amounts payable | 17/49 | €16,585 | €17,975 | +€1,390 | +8.4% |
| Amounts payable within one year | 42/48 | €16,585 | €17,975 | +€1,390 | +8.4% |
| Trade debts | 44 | €4,455 | €14,958 | +€10,503 | +235.8% |
| Suppliers | 440/4 | €4,455 | €14,958 | +€10,503 | +235.8% |
| Taxes, remuneration and social security | 45 | €11,737 | €3,017 | -€8,720 | -74.3% |
| Taxes | 450/3 | €11,737 | €3,017 | -€8,720 | -74.3% |
| Other amounts payable | 47/48 | €394 | - | -€394 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,415 | €1,453 | +€39 | +2.7% |
| Other operating charges | 640/8 | €1,201 | €974 | -€227 | -18.9% |
| Gross operating margin | 9900 | €3,331 | €4,418 | +€1,087 | +32.6% |
| Operating profit (loss) | 9901 | €715 | €1,990 | +€1,276 | +178.5% |
| Financial income | 75/76B | €26 | - | -€26 | |
| Recurring financial income | 75 | €26 | - | -€26 | |
| Financial charges | 65/66B | €60 | €146 | +€85 | +141.4% |
| Recurring financial charges | 65 | €60 | €146 | +€85 | +141.4% |
| Profit (loss) for the period before taxes | 9903 | €680 | €1,845 | +€1,164 | +171.2% |
| Income taxes | 67/77 | - | €724 | +€724 | |
| Profit (loss) for the period | 9904 | €680 | €1,121 | +€441 | +64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €680 | €1,121 | +€441 | +64.8% |
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 9 October 2026 via checked.be.