AJ DESSERTS: 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.
AJ DESSERTS
Largest movements
- Tangible fixed assets +€201,208
up €201,208 (+28.8%), from €698,998 to €900,206
of which Leasing and similar rights: +€172,128
- Receivables within one year +€158,020
up €158,020 (+41.9%), from €377,467 to €535,487
of which Trade receivables: +€163,747
- Cash +€104,904
up €104,904 (+23.5%), from €445,521 to €550,425
mainly Net result for the year (+€396,956) and Depreciation (+€168,593)
- Stocks and contracts +€21,460
up €21,460 (+26.1%), from €82,131 to €103,591
- Reserves +€396,956
up €396,956 (+53.9%), from €736,373 to €1.1m
of which Distributable reserves: +€396,956
- Other debts -€123,600
down €123,600 (-96.7%), from €127,863 to €4,263
- Debts after one year +€121,870
up €121,870 (+25.0%), from €487,603 to €609,472
- Trade debts +€48,104
up €48,104 (+86.6%), from €55,558 to €103,662
- Current portion of long-term debt +€39,465
up €39,465 (+41.4%), from €95,275 to €134,741
- Gross operating margin +€412,493
up €412,493 (+56.3%), from €732,337 to €1.1m
- Staff costs +€75,948
up €75,948 (+20.8%), from €365,527 to €441,475
- Taxes +€70,809
up €70,809 (+198%), from €35,773 to €106,582
- Depreciation +€54,050
up €54,050 (+47.2%), from €114,543 to €168,593
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.
Derived cash bridge
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 | €1,627,516 | €2,109,173 | +€481,657 | +29.6% |
| Fixed assets | 21/28 | €704,874 | €903,335 | +€198,461 | +28.2% |
| Intangible fixed assets | 21 | €5,876 | €3,129 | -€2,747 | -46.7% |
| Tangible fixed assets | 22/27 | €698,998 | €900,206 | +€201,208 | +28.8% |
| Land and buildings | 22 | €270,025 | €308,434 | +€38,408 | +14.2% |
| Plant, machinery and equipment | 23 | €139,779 | €140,797 | +€1,018 | +0.7% |
| Furniture and vehicles | 24 | €215,097 | €204,752 | -€10,346 | -4.8% |
| Leasing and similar rights | 25 | €74,096 | €246,224 | +€172,128 | +232% |
| Current assets | 29/58 | €922,642 | €1,205,837 | +€283,196 | +30.7% |
| Stocks and contracts in progress | 3 | €82,131 | €103,591 | +€21,460 | +26.1% |
| Stocks | 30/36 | €82,131 | €103,591 | +€21,460 | +26.1% |
| Amounts receivable within one year | 40/41 | €377,467 | €535,487 | +€158,020 | +41.9% |
| Trade receivables | 40 | €207,236 | €370,982 | +€163,747 | +79.0% |
| Other amounts receivable | 41 | €170,231 | €164,505 | -€5,727 | -3.4% |
| Cash at bank and in hand | 54/58 | €445,521 | €550,425 | +€104,904 | +23.5% |
| Deferred charges and accrued income | 490/1 | €17,524 | €16,335 | -€1,189 | -6.8% |
| Total equity and liabilities | 10/49 | €1,627,516 | €2,109,173 | +€481,657 | +29.6% |
| Equity | 10/15 | €754,973 | €1,151,929 | +€396,956 | +52.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €736,373 | €1,133,329 | +€396,956 | +53.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €734,513 | €1,131,469 | +€396,956 | +54.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €872,543 | €957,244 | +€84,701 | +9.7% |
| Amounts payable after more than one year | 17 | €487,603 | €609,472 | +€121,870 | +25.0% |
| Financial debts | 170/4 | €487,603 | €609,472 | +€121,870 | +25.0% |
| Amounts payable within one year | 42/48 | €384,940 | €347,771 | -€37,169 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €95,275 | €134,741 | +€39,465 | +41.4% |
| Trade debts | 44 | €55,558 | €103,662 | +€48,104 | +86.6% |
| Suppliers | 440/4 | €55,558 | €103,662 | +€48,104 | +86.6% |
| Taxes, remuneration and social security | 45 | €106,243 | €105,105 | -€1,138 | -1.1% |
| Taxes | 450/3 | €33,064 | €31,694 | -€1,370 | -4.1% |
| Remuneration and social security | 454/9 | €73,179 | €73,411 | +€231 | +0.3% |
| Other amounts payable | 47/48 | €127,863 | €4,263 | -€123,600 | -96.7% |
| Remuneration, social security and pensions | 62 | €365,527 | €441,475 | +€75,948 | +20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €114,543 | €168,593 | +€54,050 | +47.2% |
| Other operating charges | 640/8 | €2,380 | €4,067 | +€1,687 | +70.9% |
| Gross operating margin | 9900 | €732,337 | €1,144,830 | +€412,493 | +56.3% |
| Operating profit (loss) | 9901 | €249,887 | €530,695 | +€280,808 | +112% |
| Financial income | 75/76B | €11 | €141 | +€130 | +1,199% |
| Recurring financial income | 75 | €11 | €141 | +€130 | +1,199% |
| Financial charges | 65/66B | €22,743 | €27,298 | +€4,555 | +20.0% |
| Recurring financial charges | 65 | €22,743 | €27,298 | +€4,555 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €227,154 | €503,537 | +€276,383 | +122% |
| Income taxes | 67/77 | €35,773 | €106,582 | +€70,809 | +198% |
| Profit (loss) for the period | 9904 | €191,381 | €396,956 | +€205,574 | +107% |
| Profit (loss) for the period to be appropriated | 9905 | €191,381 | €396,956 | +€205,574 | +107% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.