AHO Consulting: what changed
AHO Consulting
Largest movements
- Receivables within one year -€100,915
down €100,915 (-35.5%), from €284,172 to €183,257
of which Trade receivables: -€137,131
- Current investments +€97,194
up €97,194 (+42.9%), from €226,745 to €323,940
- Cash +€61,882
up €61,882 (+18.2%), from €339,186 to €401,068
mainly Other debts (+€270,333) and Receivables within one year (+€100,915)
- Tangible fixed assets -€24,845
down €24,845 (-1.9%), from €1.3m to €1.3m
of which Land and buildings: -€27,434
- Other debts +€270,333
up €270,333 (+292%), from €92,429 to €362,762
- Reserves -€188,500
down €188,500 (-42.7%), from €441,810 to €253,310
of which Distributable reserves: -€188,500
- Debts after one year -€63,316
down €63,316 (-5.4%), from €1.2m to €1.1m
- Gross operating margin -€23,329
down €23,329 (-6.5%), from €361,393 to €338,065
- Taxes -€12,637
down €12,637 (-22.3%), from €56,781 to €44,144
- Financial charges +€11,764
up €11,764 (+10.3%), from €114,639 to €126,402
- Depreciation +€7,413
up €7,413 (+12.1%), from €61,019 to €68,432
- Financial income -€4,298
down €4,298 (-100.0%), from €4,298 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,140,571 | €2,173,887 | +€33,316 | +1.6% |
| Fixed assets | 21/28 | €1,290,467 | €1,265,622 | -€24,845 | -1.9% |
| Tangible fixed assets | 22/27 | €1,285,217 | €1,260,372 | -€24,845 | -1.9% |
| Land and buildings | 22 | €1,028,175 | €1,000,741 | -€27,434 | -2.7% |
| Furniture and vehicles | 24 | €16,154 | €45,495 | +€29,341 | +182% |
| Other tangible fixed assets | 26 | €240,889 | €214,136 | -€26,753 | -11.1% |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €850,103 | €908,265 | +€58,161 | +6.8% |
| Amounts receivable within one year | 40/41 | €284,172 | €183,257 | -€100,915 | -35.5% |
| Trade receivables | 40 | €139,652 | €2,521 | -€137,131 | -98.2% |
| Other amounts receivable | 41 | €144,519 | €180,736 | +€36,217 | +25.1% |
| Current investments | 50/53 | €226,745 | €323,940 | +€97,194 | +42.9% |
| Cash at bank and in hand | 54/58 | €339,186 | €401,068 | +€61,882 | +18.2% |
| Total equity and liabilities | 10/49 | €2,140,571 | €2,173,887 | +€33,316 | +1.6% |
| Equity | 10/15 | €789,589 | €601,168 | -€188,421 | -23.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €441,810 | €253,310 | -€188,500 | -42.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,950 | €1,950 | = | 0.0% |
| Distributable reserves | 133 | €438,000 | €249,500 | -€188,500 | -43.0% |
| Profit (loss) carried forward | 14 | €335,379 | €335,458 | +€79 | 0.0% |
| Amounts payable | 17/49 | €1,350,981 | €1,572,719 | +€221,737 | +16.4% |
| Amounts payable after more than one year | 17 | €1,166,909 | €1,103,593 | -€63,316 | -5.4% |
| Financial debts | 170/4 | €1,166,909 | €1,103,593 | -€63,316 | -5.4% |
| Amounts payable within one year | 42/48 | €184,072 | €469,126 | +€285,054 | +155% |
| Current portion of amounts payable after more than one year | 42 | €62,271 | €63,316 | +€1,045 | +1.7% |
| Trade debts | 44 | €8,929 | €1,040 | -€7,888 | -88.3% |
| Suppliers | 440/4 | €8,929 | €1,040 | -€7,888 | -88.3% |
| Taxes, remuneration and social security | 45 | €20,443 | €42,008 | +€21,564 | +105% |
| Taxes | 450/3 | €20,443 | €36,144 | +€15,701 | +76.8% |
| Remuneration and social security | 454/9 | - | €5,864 | +€5,864 | |
| Other amounts payable | 47/48 | €92,429 | €362,762 | +€270,333 | +292% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,019 | €68,432 | +€7,413 | +12.1% |
| Other operating charges | 640/8 | €8,578 | €7,508 | -€1,070 | -12.5% |
| Gross operating margin | 9900 | €361,393 | €338,065 | -€23,329 | -6.5% |
| Operating profit (loss) | 9901 | €291,797 | €262,125 | -€29,672 | -10.2% |
| Financial income | 75/76B | €4,298 | €0 | -€4,298 | -100.0% |
| Recurring financial income | 75 | €4,298 | €0 | -€4,298 | -100.0% |
| Financial charges | 65/66B | €114,639 | €126,402 | +€11,764 | +10.3% |
| Recurring financial charges | 65 | €114,639 | €126,402 | +€11,764 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €181,456 | €135,723 | -€45,734 | -25.2% |
| Income taxes | 67/77 | €56,781 | €44,144 | -€12,637 | -22.3% |
| Profit (loss) for the period | 9904 | €124,676 | €91,579 | -€33,097 | -26.5% |
| Transfer from tax-exempt reserves | 789 | €142,400 | - | -€142,400 | |
| Profit (loss) for the period to be appropriated | 9905 | €267,076 | €91,579 | -€175,497 | -65.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.