AHTES: 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.
AHTES
Largest movements
- Cash +€32,275
up €32,275 (+1013.0%), from €3,186 to €35,461
mainly Trade debts (+€28,569) and Net result for the year (+€26,556)
- Receivables within one year +€14,938
up €14,938 (+44.4%), from €33,652 to €48,590
of which Trade receivables: +€17,365
- Trade debts +€28,569
up €28,569 (+55.9%), from €51,138 to €79,708
- Debts after one year -€27,719
down €27,719 (-14.7%), from €188,717 to €160,998
- Profit (loss) carried forward +€26,556
up €26,556 (+6.2%), from €430,073 to €456,629
- Short-term financial debts +€9,769
up €9,769 (+479.2%), from €2,039 to €11,808
- Gross operating margin +€38,244
up €38,244 (+33.5%), from €114,145 to €152,389
- Financial income -€22,195
down €22,195 (-60.1%), from €36,956 to €14,761
- Staff costs +€18,845
up €18,845 (+18.8%), from €100,155 to €119,001
- Other operating charges +€7,150
up €7,150 (+8402.4%), from €85 to €7,236
- Taxes +€4,140
up €4,140 (+115.9%), from €3,573 to €7,712
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 | €783,388 | €821,532 | +€38,144 | +4.9% |
| Fixed assets | 21/28 | €724,003 | €721,488 | -€2,515 | -0.3% |
| Intangible fixed assets | 21 | €1,710 | €0 | -€1,710 | -100.0% |
| Tangible fixed assets | 22/27 | €1,983 | €1,177 | -€805 | -40.6% |
| Furniture and vehicles | 24 | €1,983 | €1,177 | -€805 | -40.6% |
| Financial fixed assets | 28 | €720,310 | €720,310 | = | 0.0% |
| Current assets | 29/58 | €59,385 | €100,044 | +€40,659 | +68.5% |
| Amounts receivable after more than one year | 29 | €21,632 | €15,763 | -€5,869 | -27.1% |
| Other amounts receivable | 291 | €21,632 | €15,763 | -€5,869 | -27.1% |
| Amounts receivable within one year | 40/41 | €33,652 | €48,590 | +€14,938 | +44.4% |
| Trade receivables | 40 | €31,225 | €48,590 | +€17,365 | +55.6% |
| Other amounts receivable | 41 | €2,427 | €0 | -€2,427 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,186 | €35,461 | +€32,275 | +1013.0% |
| Deferred charges and accrued income | 490/1 | €915 | €229 | -€685 | -74.9% |
| Total equity and liabilities | 10/49 | €783,388 | €821,532 | +€38,144 | +4.9% |
| Equity | 10/15 | €482,023 | €508,579 | +€26,556 | +5.5% |
| Contributions | 10/11 | €19,800 | €19,800 | = | 0.0% |
| Reserves | 13 | €32,150 | €32,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €26,000 | €26,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €430,073 | €456,629 | +€26,556 | +6.2% |
| Amounts payable | 17/49 | €301,366 | €312,953 | +€11,587 | +3.8% |
| Amounts payable after more than one year | 17 | €188,717 | €160,998 | -€27,719 | -14.7% |
| Financial debts | 170/4 | €188,717 | €160,998 | -€27,719 | -14.7% |
| Amounts payable within one year | 42/48 | €111,829 | €151,780 | +€39,951 | +35.7% |
| Current portion of amounts payable after more than one year | 42 | €32,146 | €30,215 | -€1,931 | -6.0% |
| Financial debts | 43 | €2,039 | €11,808 | +€9,769 | +479.2% |
| Credit institutions | 430/8 | €2,039 | €11,808 | +€9,769 | +479.2% |
| Trade debts | 44 | €51,138 | €79,708 | +€28,569 | +55.9% |
| Suppliers | 440/4 | €51,138 | €79,708 | +€28,569 | +55.9% |
| Taxes, remuneration and social security | 45 | €24,598 | €29,846 | +€5,248 | +21.3% |
| Taxes | 450/3 | €9,204 | €14,900 | +€5,696 | +61.9% |
| Remuneration and social security | 454/9 | €15,394 | €14,947 | -€447 | -2.9% |
| Other amounts payable | 47/48 | €1,908 | €203 | -€1,705 | -89.4% |
| Accrued charges and deferred income | 492/3 | €819 | €175 | -€644 | -78.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €100,155 | €119,001 | +€18,845 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,397 | €2,515 | -€882 | -26.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€776 | -€705 | +€71 | +9.1% |
| Other operating charges | 640/8 | €85 | €7,236 | +€7,150 | +8402.4% |
| Gross operating margin | 9900 | €114,145 | €152,389 | +€38,244 | +33.5% |
| Operating profit (loss) | 9901 | €11,283 | €24,342 | +€13,060 | +115.7% |
| Financial income | 75/76B | €36,956 | €14,761 | -€22,195 | -60.1% |
| Recurring financial income | 75 | €36,956 | €14,761 | -€22,195 | -60.1% |
| Financial charges | 65/66B | €4,689 | €4,834 | +€145 | +3.1% |
| Recurring financial charges | 65 | €4,689 | €4,834 | +€145 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €43,549 | €34,269 | -€9,281 | -21.3% |
| Income taxes | 67/77 | €3,573 | €7,712 | +€4,140 | +115.9% |
| Profit (loss) for the period | 9904 | €39,977 | €26,556 | -€13,420 | -33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €39,977 | €26,556 | -€13,420 | -33.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.