AJ TELECOM: 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 TELECOM
Largest movements
- Receivables within one year -€1,088
down €1,088 (-25.4%), from €4,281 to €3,193
of which Other amounts receivable: -€4,281
- Cash +€256
up €256 (+747%), from €34 to €290
mainly Short-term financial debts (+€12,305) and Receivables within one year (+€1,088)
- Profit (loss) carried forward -€12,982
down €12,982, from €6 to -€12,976
- Short-term financial debts +€12,305
new in 2025: €12,305
- Tax, wage and social debts -€155
down €155 (-19.4%), from €799 to €644
- Purchases and services +€20,632
up €20,632 (+2,249%), from €917 to €21,549
- Gross operating margin -€16,612
down €16,612, from €3,706 to -€12,906
- Turnover +€4,020
up €4,020 (+86.9%), from €4,624 to €8,643
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 | €4,506 | €3,673 | -€833 | -18.5% |
| Current assets | 29/58 | €4,506 | €3,673 | -€833 | -18.5% |
| Stocks and contracts in progress | 3 | €190 | €190 | = | 0.0% |
| Stocks | 30/36 | €190 | €190 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,281 | €3,193 | -€1,088 | -25.4% |
| Trade receivables | 40 | - | €3,193 | +€3,193 | |
| Other amounts receivable | 41 | €4,281 | - | -€4,281 | |
| Cash at bank and in hand | 54/58 | €34 | €290 | +€256 | +747% |
| Total equity and liabilities | 10/49 | €4,506 | €3,673 | -€833 | -18.5% |
| Equity | 10/15 | €6 | -€12,976 | -€12,982 | |
| Profit (loss) carried forward | 14 | €6 | -€12,976 | -€12,982 | |
| Amounts payable | 17/49 | €4,499 | €16,649 | +€12,150 | +270% |
| Amounts payable within one year | 42/48 | €4,499 | €16,649 | +€12,150 | +270% |
| Financial debts | 43 | - | €12,305 | +€12,305 | |
| Other loans | 439 | - | €12,305 | +€12,305 | |
| Taxes, remuneration and social security | 45 | €799 | €644 | -€155 | -19.4% |
| Taxes | 450/3 | €799 | €644 | -€155 | -19.4% |
| Other amounts payable | 47/48 | €3,700 | €3,700 | = | 0.0% |
| Turnover | 70 | €4,624 | €8,643 | +€4,020 | +86.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €917 | €21,549 | +€20,632 | +2,249% |
| Gross operating margin | 9900 | €3,706 | -€12,906 | -€16,612 | |
| Operating profit (loss) | 9901 | €3,706 | -€12,906 | -€16,612 | |
| Financial charges | 65/66B | - | €77 | +€77 | |
| Recurring financial charges | 65 | - | €77 | +€77 | |
| Profit (loss) for the period before taxes | 9903 | €3,706 | -€12,982 | -€16,689 | |
| Profit (loss) for the period | 9904 | €3,706 | -€12,982 | -€16,689 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,706 | -€12,982 | -€16,689 |
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 14 October 2026 via checked.be.