AHREND: 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.
What changed
AHREND
NACE 46.500, Wholesale of information and communication equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€406,988
2024 · €597,993-€191,005
Equity
€10.1m
2024 · €9.7m+€406,988
Cash
€1,754
2024 · €2,513-€759
Balance sheet total
€13.5m
2024 · €11.3m+€2.2m
Largest movements
Assets
- Receivables within one year +€2.1m
up €2.1m (+19.5%), from €10.9m to €13.1m
of which Other amounts receivable: +€2.1m
Equity and liabilities
- Advances received +€1.4m
up €1.4m (+562.7%), from €245,412 to €1.6m
- Profit (loss) carried forward +€386,638
up €386,638 (+15.1%), from €2.6m to €3.0m
- Trade debts +€244,012
up €244,012 (+45.5%), from €536,137 to €780,149
- Tax, wage and social debts +€234,826
up €234,826 (+33.5%), from €700,074 to €934,900
of which Taxes: +€156,594
Income statement
- Turnover -€2.0m
down €2.0m (-15.2%), from €13.2m to €11.2m
- Goods and materials -€1.7m
down €1.7m (-17.9%), from €9.5m to €7.8m
of which Purchases: -€1.6m
- Staff costs +€181,013
up €181,013 (+10.1%), from €1.8m to €2.0m
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.
Result 2024
€597,993
Turnover
-€2.0m
Other operating income
-€1,214
Goods and materials
+€1.7m
Services and other goods
-€29,679
Staff costs
-€181,013
Depreciation
+€3,017
Write-downs
+€3,605
Other operating charges
-€692
Other operating items
+€334,536
Financial income
-€74,152
Financial charges
+€575
Taxes
+€57,024
Result 2025
€406,988
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.
From operations
+€59,277
Investment
-€60,036
Financing
€0
Cash 2024
€2,513
From operations (derived)
+€59,277
Net result for the year
+€406,988
Depreciation
+€36,569
Stocks and contracts
-€14,634
Receivables within one year
-€2.1m
Deferred charges and accrued income
-€10,672
Trade debts
+€244,012
Tax, wage and social debts
+€234,826
Advances received
+€1.4m
Accrued charges and deferred income
-€83,528
Investment (derived)
-€60,036
Investment in fixed assets (net)
-€60,036
Cash 2025
€1,754
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,323,837 | €13,507,105 | +€2.2m | +19.3% |
| Fixed assets | 21/28 | €181,074 | €204,541 | +€23,467 | +13.0% |
| Tangible fixed assets | 22/27 | €94,230 | €117,697 | +€23,467 | +24.9% |
| Plant, machinery and equipment | 23 | €15,003 | €10,830 | -€4,173 | -27.8% |
| Other tangible fixed assets | 26 | €79,227 | €59,720 | -€19,507 | -24.6% |
| Assets under construction and advance payments | 27 | - | €47,147 | +€47,147 | |
| Financial fixed assets | 28 | €86,844 | €86,844 | = | 0.0% |
| Affiliated companies | 280/1 | €913 | €913 | = | 0.0% |
| Participating interests | 280 | €913 | €913 | = | 0.0% |
| Other financial fixed assets | 284/8 | €85,931 | €85,931 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €85,931 | €85,931 | = | 0.0% |
| Current assets | 29/58 | €11,142,763 | €13,302,564 | +€2.2m | +19.4% |
| Stocks and contracts in progress | 3 | €126,802 | €141,436 | +€14,634 | +11.5% |
| Stocks | 30/36 | €126,802 | €141,436 | +€14,634 | +11.5% |
| Goods purchased for resale | 34 | €126,802 | €141,436 | +€14,634 | +11.5% |
| Amounts receivable within one year | 40/41 | €10,929,520 | €13,064,774 | +€2.1m | +19.5% |
| Trade receivables | 40 | €3,795,536 | €3,783,001 | -€12,535 | -0.3% |
| Other amounts receivable | 41 | €7,133,984 | €9,281,773 | +€2.1m | +30.1% |
| Cash at bank and in hand | 54/58 | €2,513 | €1,754 | -€759 | -30.2% |
| Deferred charges and accrued income | 490/1 | €83,928 | €94,600 | +€10,672 | +12.7% |
| Total equity and liabilities | 10/49 | €11,323,837 | €13,507,105 | +€2.2m | +19.3% |
| Equity | 10/15 | €9,660,083 | €10,067,071 | +€406,988 | +4.2% |
| Contributions | 10/11 | €6,663,000 | €6,663,000 | = | 0.0% |
| Capital | 10 | €6,663,000 | €6,663,000 | = | 0.0% |
| Issued capital | 100 | €6,663,000 | €6,663,000 | = | 0.0% |
| Reserves | 13 | €429,179 | €449,529 | +€20,350 | +4.7% |
| Non-distributable reserves | 130/1 | €429,179 | €449,529 | +€20,350 | +4.7% |
| Legal reserve | 130 | €429,179 | €449,529 | +€20,350 | +4.7% |
| Profit (loss) carried forward | 14 | €2,567,904 | €2,954,542 | +€386,638 | +15.1% |
| Amounts payable | 17/49 | €1,663,754 | €3,440,034 | +€1.8m | +106.8% |
| Amounts payable within one year | 42/48 | €1,481,623 | €3,341,431 | +€1.9m | +125.5% |
| Trade debts | 44 | €536,137 | €780,149 | +€244,012 | +45.5% |
| Suppliers | 440/4 | €536,137 | €780,149 | +€244,012 | +45.5% |
| Advances received on contracts in progress | 46 | €245,412 | €1,626,382 | +€1.4m | +562.7% |
| Taxes, remuneration and social security | 45 | €700,074 | €934,900 | +€234,826 | +33.5% |
| Taxes | 450/3 | €414,058 | €570,652 | +€156,594 | +37.8% |
| Remuneration and social security | 454/9 | €286,016 | €364,248 | +€78,232 | +27.4% |
| Accrued charges and deferred income | 492/3 | €182,131 | €98,603 | -€83,528 | -45.9% |
| Operating income | 70/76A | €13,197,584 | €11,189,344 | -€2.0m | -15.2% |
| Turnover | 70 | €13,188,874 | €11,181,848 | -€2.0m | -15.2% |
| Other operating income | 74 | €8,710 | €7,496 | -€1,214 | -13.9% |
| Operating charges | 60/66A | €12,598,512 | €10,764,724 | -€1.8m | -14.6% |
| Goods for resale, raw materials and consumables | 60 | €9,513,962 | €7,809,948 | -€1.7m | -17.9% |
| Purchases | 600/8 | €9,468,872 | €7,824,582 | -€1.6m | -17.4% |
| Change in stocks: decrease (increase) | 609 | €45,090 | -€14,634 | -€59,724 | |
| Services and other goods | 61 | €915,175 | €944,854 | +€29,679 | +3.2% |
| Remuneration, social security and pensions | 62 | €1,795,773 | €1,976,786 | +€181,013 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,586 | €36,569 | -€3,017 | -7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,397 | -€17,002 | -€3,605 | -26.9% |
| Other operating charges | 640/8 | €12,877 | €13,569 | +€692 | +5.4% |
| Non-recurring operating charges | 66A | €334,536 | - | -€334,536 | |
| Operating profit (loss) | 9901 | €599,072 | €424,620 | -€174,452 | -29.1% |
| Financial income | 75/76B | €253,016 | €178,864 | -€74,152 | -29.3% |
| Recurring financial income | 75 | €253,016 | €178,864 | -€74,152 | -29.3% |
| Income from current assets | 751 | €250,009 | €176,983 | -€73,026 | -29.2% |
| Other financial income | 752/9 | €3,007 | €1,881 | -€1,126 | -37.4% |
| Financial charges | 65/66B | €7,612 | €7,037 | -€575 | -7.6% |
| Recurring financial charges | 65 | €7,612 | €7,037 | -€575 | -7.6% |
| Debt charges | 650 | €16 | €21 | +€5 | +31.3% |
| Other financial charges | 652/9 | €7,596 | €7,016 | -€580 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €844,476 | €596,447 | -€248,029 | -29.4% |
| Income taxes | 67/77 | €246,483 | €189,459 | -€57,024 | -23.1% |
| Taxes | 670/3 | €246,483 | €189,459 | -€57,024 | -23.1% |
| Profit (loss) for the period | 9904 | €597,993 | €406,988 | -€191,005 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €597,993 | €406,988 | -€191,005 | -31.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.