AJA Executives: 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.
AJA Executives
Largest movements
- Cash -€6,159
down €6,159 (-6.5%), from €95,186 to €89,028
mainly Receivables within one year (-€5,368) and Trade debts (-€983)
- Receivables within one year +€5,368
up €5,368 (+19.1%), from €28,114 to €33,482
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€1,842
up €1,842 (+71.3%), from -€2,584 to -€741
- Depreciation -€1,422
down €1,422 (-83.7%), from €1,699 to €277
- Financial income +€102
up €102 (+6.5%), from €1,567 to €1,669
- Financial charges +€93
up €93 (+51.8%), from €180 to €274
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 | €123,578 | €122,510 | -€1,067 | -0.9% |
| Fixed assets | 21/28 | €277 | €0 | -€277 | -100.0% |
| Tangible fixed assets | 22/27 | €277 | €0 | -€277 | -100.0% |
| Furniture and vehicles | 24 | €277 | €0 | -€277 | -100.0% |
| Current assets | 29/58 | €123,301 | €122,510 | -€791 | -0.6% |
| Amounts receivable within one year | 40/41 | €28,114 | €33,482 | +€5,368 | +19.1% |
| Other amounts receivable | 41 | €28,114 | €33,482 | +€5,368 | +19.1% |
| Cash at bank and in hand | 54/58 | €95,186 | €89,028 | -€6,159 | -6.5% |
| Total equity and liabilities | 10/49 | €123,578 | €122,510 | -€1,067 | -0.9% |
| Equity | 10/15 | €122,178 | €122,093 | -€85 | -0.1% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €133,232 | €133,232 | = | 0.0% |
| Distributable reserves | 133 | €133,232 | €133,232 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,554 | -€17,639 | -€85 | -0.5% |
| Amounts payable | 17/49 | €1,399 | €417 | -€983 | -70.2% |
| Amounts payable within one year | 42/48 | €1,399 | €417 | -€983 | -70.2% |
| Trade debts | 44 | €1,399 | €417 | -€983 | -70.2% |
| Suppliers | 440/4 | €1,399 | €417 | -€983 | -70.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,699 | €277 | -€1,422 | -83.7% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | -€2,584 | -€741 | +€1,842 | +71.3% |
| Operating profit (loss) | 9901 | -€4,732 | -€1,480 | +€3,252 | +68.7% |
| Financial income | 75/76B | €1,567 | €1,669 | +€102 | +6.5% |
| Recurring financial income | 75 | €1,567 | €1,669 | +€102 | +6.5% |
| Financial charges | 65/66B | €180 | €274 | +€93 | +51.8% |
| Recurring financial charges | 65 | €180 | €274 | +€93 | +51.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,345 | -€85 | +€3,260 | +97.5% |
| Profit (loss) for the period | 9904 | -€3,345 | -€85 | +€3,260 | +97.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,345 | -€85 | +€3,260 | +97.5% |
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 3 October 2026 via checked.be.