AJ: 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.
AJ
Largest movements
- Receivables within one year -€1,397
down €1,397 (-31.4%), from €4,449 to €3,052
of which Trade receivables: -€1,401
- Trade debts -€1,158
down €1,158 (-17.8%), from €6,512 to €5,354
- Profit (loss) carried forward -€963
down €963 (-2.6%), from -€37,039 to -€38,002
- Tax, wage and social debts +€364
up €364 (+5.6%), from €6,549 to €6,913
- Other debts +€328
up €328 (+1.1%), from €28,761 to €29,089
- Gross operating margin +€28,550
up €28,550 (+99.0%), from -€28,828 to -€277
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 | €7,782 | €6,353 | -€1,429 | -18.4% |
| Fixed assets | 21/28 | €3,300 | €3,300 | = | 0.0% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €4,482 | €3,053 | -€1,429 | -31.9% |
| Amounts receivable within one year | 40/41 | €4,449 | €3,052 | -€1,397 | -31.4% |
| Trade receivables | 40 | €4,449 | €3,047 | -€1,401 | -31.5% |
| Other amounts receivable | 41 | - | €4 | +€4 | |
| Cash at bank and in hand | 54/58 | €33 | €1 | -€32 | -96.8% |
| Total equity and liabilities | 10/49 | €7,782 | €6,353 | -€1,429 | -18.4% |
| Equity | 10/15 | -€34,039 | -€35,002 | -€963 | -2.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,039 | -€38,002 | -€963 | -2.6% |
| Amounts payable | 17/49 | €41,821 | €41,355 | -€466 | -1.1% |
| Amounts payable within one year | 42/48 | €41,821 | €41,355 | -€466 | -1.1% |
| Trade debts | 44 | €6,512 | €5,354 | -€1,158 | -17.8% |
| Suppliers | 440/4 | €6,512 | €5,354 | -€1,158 | -17.8% |
| Taxes, remuneration and social security | 45 | €6,549 | €6,913 | +€364 | +5.6% |
| Taxes | 450/3 | €6,549 | €6,913 | +€364 | +5.6% |
| Other amounts payable | 47/48 | €28,761 | €29,089 | +€328 | +1.1% |
| Other operating charges | 640/8 | €100 | €310 | +€210 | +210.0% |
| Gross operating margin | 9900 | -€28,828 | -€277 | +€28,550 | +99.0% |
| Operating profit (loss) | 9901 | -€28,928 | -€587 | +€28,340 | +98.0% |
| Financial charges | 65/66B | €379 | €376 | -€3 | -0.8% |
| Recurring financial charges | 65 | €379 | €376 | -€3 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | -€29,306 | -€963 | +€28,343 | +96.7% |
| Profit (loss) for the period | 9904 | -€29,306 | -€963 | +€28,343 | +96.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,306 | -€963 | +€28,343 | +96.7% |
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 6 October 2026 via checked.be.