AHORA: what changed
Two fiscal 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.
AHORA
Largest movements
- Receivables within one year -€120,064
down €120,064 (-32.1%), from €373,641 to €253,577
of which Trade receivables: -€159,001
- Cash -€16,427
no longer reported in 2025 (was €16,427)
- Trade debts -€156,276
down €156,276 (-99.4%), from €157,221 to €946
- Short-term financial debts +€28,550
new in 2025: €28,550
- Profit (loss) carried forward +€15,756
up €15,756 (+9.1%), from €172,535 to €188,291
- Accrued charges and deferred income -€14,297
no longer reported in 2025 (was €14,297)
- Tax, wage and social debts -€12,790
down €12,790 (-53.7%), from €23,830 to €11,041
- Gross operating margin -€85,783
down €85,783 (-95.6%), from €89,765 to €3,982
- Financial income +€25,490
new in 2025: €25,490
- Taxes -€11,874
down €11,874 (-67.4%), from €17,609 to €5,735
- Other operating charges +€1,640
up €1,640 (+113.0%), from €1,451 to €3,091
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €392,633 | €253,577 | -€139,056 | -35.4% |
| Current assets | 29/58 | €392,633 | €253,577 | -€139,056 | -35.4% |
| Amounts receivable after more than one year | 29 | €2,566 | - | -€2,566 | |
| Other amounts receivable | 291 | €2,566 | - | -€2,566 | |
| Amounts receivable within one year | 40/41 | €373,641 | €253,577 | -€120,064 | -32.1% |
| Trade receivables | 40 | €159,001 | - | -€159,001 | |
| Other amounts receivable | 41 | €214,640 | €253,577 | +€38,937 | +18.1% |
| Cash at bank and in hand | 54/58 | €16,427 | - | -€16,427 | |
| Total equity and liabilities | 10/49 | €392,633 | €253,577 | -€139,056 | -35.4% |
| Equity | 10/15 | €197,285 | €213,041 | +€15,756 | +8.0% |
| Contributions | 10/11 | €22,500 | €22,500 | = | 0.0% |
| Outside capital | 11 | €22,500 | €22,500 | = | 0.0% |
| Other | 1109/19 | €22,500 | €22,500 | = | 0.0% |
| Reserves | 13 | €2,250 | €2,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,250 | €2,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,250 | €2,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172,535 | €188,291 | +€15,756 | +9.1% |
| Amounts payable | 17/49 | €195,349 | €40,537 | -€154,812 | -79.2% |
| Amounts payable within one year | 42/48 | €181,052 | €40,537 | -€140,515 | -77.6% |
| Financial debts | 43 | - | €28,550 | +€28,550 | |
| Credit institutions | 430/8 | - | €28,550 | +€28,550 | |
| Trade debts | 44 | €157,221 | €946 | -€156,276 | -99.4% |
| Suppliers | 440/4 | €157,221 | €946 | -€156,276 | -99.4% |
| Taxes, remuneration and social security | 45 | €23,830 | €11,041 | -€12,790 | -53.7% |
| Taxes | 450/3 | €23,830 | €11,041 | -€12,790 | -53.7% |
| Accrued charges and deferred income | 492/3 | €14,297 | - | -€14,297 | |
| Remuneration, social security and pensions | 62 | €626 | - | -€626 | |
| Other operating charges | 640/8 | €1,451 | €3,091 | +€1,640 | +113.0% |
| Gross operating margin | 9900 | €89,765 | €3,982 | -€85,783 | -95.6% |
| Operating profit (loss) | 9901 | €87,688 | €891 | -€86,797 | -99.0% |
| Financial income | 75/76B | - | €25,490 | +€25,490 | |
| Recurring financial income | 75 | - | €25,490 | +€25,490 | |
| Financial charges | 65/66B | €5,413 | €4,890 | -€523 | -9.7% |
| Recurring financial charges | 65 | €5,413 | €4,890 | -€523 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €82,275 | €21,491 | -€60,784 | -73.9% |
| Income taxes | 67/77 | €17,609 | €5,735 | -€11,874 | -67.4% |
| Profit (loss) for the period | 9904 | €64,666 | €15,756 | -€48,910 | -75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €64,666 | €15,756 | -€48,910 | -75.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.