AJ ENTERPRISES: 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 ENTERPRISES
Largest movements
- Cash -€68,195
down €68,195 (-82.2%), from €82,962 to €14,768
mainly Receivables after one year (-€60,000) and Stocks and contracts (-€12,850)
- Receivables after one year +€60,000
new in 2025: €60,000
- Stocks and contracts +€12,850
up €12,850 (+11.2%), from €114,800 to €127,650
- Tangible fixed assets -€9,023
down €9,023 (-22.3%), from €40,411 to €31,388
of which Plant, machinery and equipment: -€7,437
- Profit (loss) carried forward +€18,404
up €18,404 (+42.0%), from €43,843 to €62,247
- Other debts -€10,139
down €10,139 (-16.0%), from €63,218 to €53,079
- Debts after one year -€9,660
down €9,660 (-32.6%), from €29,613 to €19,953
- Trade debts -€2,666
down €2,666 (-3.3%), from €81,029 to €78,363
- Turnover -€623,307
no longer reported in 2025 (was €623,307)
- Purchases and services -€518,223
no longer reported in 2025 (was €518,223)
- Gross operating margin -€13,644
down €13,644 (-11.6%), from €117,336 to €103,692
- Staff costs -€9,097
down €9,097 (-11.6%), from €78,653 to €69,557
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 | €238,483 | €233,856 | -€4,628 | -1.9% |
| Fixed assets | 21/28 | €40,671 | €31,388 | -€9,283 | -22.8% |
| Tangible fixed assets | 22/27 | €40,411 | €31,388 | -€9,023 | -22.3% |
| Plant, machinery and equipment | 23 | €30,866 | €23,429 | -€7,437 | -24.1% |
| Other tangible fixed assets | 26 | €9,545 | €7,959 | -€1,586 | -16.6% |
| Financial fixed assets | 28 | €260 | €0 | -€260 | -100.0% |
| Current assets | 29/58 | €197,812 | €202,468 | +€4,655 | +2.4% |
| Amounts receivable after more than one year | 29 | - | €60,000 | +€60,000 | |
| Other amounts receivable | 291 | - | €60,000 | +€60,000 | |
| Stocks and contracts in progress | 3 | €114,800 | €127,650 | +€12,850 | +11.2% |
| Stocks | 30/36 | €114,800 | €127,650 | +€12,850 | +11.2% |
| Amounts receivable within one year | 40/41 | €50 | €50 | = | 0.0% |
| Other amounts receivable | 41 | €50 | €50 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €82,962 | €14,768 | -€68,195 | -82.2% |
| Total equity and liabilities | 10/49 | €238,483 | €233,856 | -€4,628 | -1.9% |
| Equity | 10/15 | €48,843 | €67,247 | +€18,404 | +37.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,843 | €62,247 | +€18,404 | +42.0% |
| Amounts payable | 17/49 | €189,641 | €166,609 | -€23,032 | -12.1% |
| Amounts payable after more than one year | 17 | €29,613 | €19,953 | -€9,660 | -32.6% |
| Financial debts | 170/4 | €29,613 | €19,953 | -€9,660 | -32.6% |
| Amounts payable within one year | 42/48 | €160,027 | €146,655 | -€13,372 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €10,239 | €10,441 | +€202 | +2.0% |
| Trade debts | 44 | €81,029 | €78,363 | -€2,666 | -3.3% |
| Suppliers | 440/4 | €81,029 | €78,363 | -€2,666 | -3.3% |
| Taxes, remuneration and social security | 45 | €5,541 | €4,772 | -€769 | -13.9% |
| Taxes | 450/3 | €1,667 | €1,489 | -€178 | -10.7% |
| Remuneration and social security | 454/9 | €3,874 | €3,283 | -€591 | -15.3% |
| Other amounts payable | 47/48 | €63,218 | €53,079 | -€10,139 | -16.0% |
| Turnover | 70 | €623,307 | - | -€623,307 | |
| Goods, raw materials, services and sundry goods | 60/61 | €518,223 | - | -€518,223 | |
| Remuneration, social security and pensions | 62 | €78,653 | €69,557 | -€9,097 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,762 | €9,023 | -€2,739 | -23.3% |
| Other operating charges | 640/8 | €1,591 | €3,980 | +€2,389 | +150.1% |
| Gross operating margin | 9900 | €117,336 | €103,692 | -€13,644 | -11.6% |
| Operating profit (loss) | 9901 | €25,329 | €21,132 | -€4,197 | -16.6% |
| Financial income | 75/76B | €129 | €1,294 | +€1,165 | +899.7% |
| Recurring financial income | 75 | €129 | €1,294 | +€1,165 | +899.7% |
| Financial charges | 65/66B | €4,445 | €4,022 | -€422 | -9.5% |
| Recurring financial charges | 65 | €4,445 | €4,022 | -€422 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €21,014 | €18,404 | -€2,609 | -12.4% |
| Profit (loss) for the period | 9904 | €21,014 | €18,404 | -€2,609 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,014 | €18,404 | -€2,609 | -12.4% |
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 9 October 2026 via checked.be.