AJAB: 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.
AJAB
Largest movements
- Tangible fixed assets -€17,299
down €17,299 (-24.1%), from €71,919 to €54,620
of which Furniture and vehicles: -€18,088
- Cash -€2,081
down €2,081 (-30.2%), from €6,886 to €4,806
mainly Net result for the year (-€12,776) and Trade debts (-€3,894)
- Profit (loss) carried forward -€12,846
down €12,846 (-22.5%), from €57,139 to €44,293
- Trade debts -€3,894
down €3,894 (-82.6%), from €4,716 to €822
- Other debts -€2,055
down €2,055 (-12.9%), from €15,906 to €13,851
- Staff costs +€19,457
up €19,457 (+1,297%), from €1,500 to €20,957
- Depreciation +€18,586
new in 2025: €18,586
- Taxes -€14,187
no longer reported in 2025 (was €14,187)
- Gross operating margin +€4,742
up €4,742 (+18.7%), from €25,293 to €30,035
- Other operating charges -€981
down €981 (-24.1%), from €4,076 to €3,095
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 | €83,495 | €64,907 | -€18,588 | -22.3% |
| Fixed assets | 21/28 | €71,919 | €54,620 | -€17,299 | -24.1% |
| Tangible fixed assets | 22/27 | €71,919 | €54,620 | -€17,299 | -24.1% |
| Plant, machinery and equipment | 23 | €1,339 | €2,128 | +€789 | +58.9% |
| Furniture and vehicles | 24 | €70,580 | €52,492 | -€18,088 | -25.6% |
| Current assets | 29/58 | €11,576 | €10,287 | -€1,289 | -11.1% |
| Amounts receivable within one year | 40/41 | €1,773 | €2,333 | +€560 | +31.6% |
| Trade receivables | 40 | - | €613 | +€613 | |
| Other amounts receivable | 41 | €1,773 | €1,720 | -€54 | -3.0% |
| Cash at bank and in hand | 54/58 | €6,886 | €4,806 | -€2,081 | -30.2% |
| Deferred charges and accrued income | 490/1 | €2,916 | €3,149 | +€232 | +8.0% |
| Total equity and liabilities | 10/49 | €83,495 | €64,907 | -€18,588 | -22.3% |
| Equity | 10/15 | €57,639 | €44,793 | -€12,846 | -22.3% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,139 | €44,293 | -€12,846 | -22.5% |
| Amounts payable | 17/49 | €25,857 | €20,115 | -€5,742 | -22.2% |
| Amounts payable within one year | 42/48 | €25,857 | €20,115 | -€5,742 | -22.2% |
| Trade debts | 44 | €4,716 | €822 | -€3,894 | -82.6% |
| Suppliers | 440/4 | €4,716 | €822 | -€3,894 | -82.6% |
| Taxes, remuneration and social security | 45 | €5,235 | €5,443 | +€208 | +4.0% |
| Taxes | 450/3 | €5,235 | €5,443 | +€208 | +4.0% |
| Other amounts payable | 47/48 | €15,906 | €13,851 | -€2,055 | -12.9% |
| Remuneration, social security and pensions | 62 | €1,500 | €20,957 | +€19,457 | +1,297% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €18,586 | +€18,586 | |
| Other operating charges | 640/8 | €4,076 | €3,095 | -€981 | -24.1% |
| Non-recurring operating charges | 66A | €18,652 | - | -€18,652 | |
| Gross operating margin | 9900 | €25,293 | €30,035 | +€4,742 | +18.7% |
| Operating profit (loss) | 9901 | €1,065 | -€12,603 | -€13,668 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +1,580% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1,580% |
| Financial charges | 65/66B | €175 | €174 | -€1 | -0.8% |
| Recurring financial charges | 65 | €175 | €174 | -€1 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €890 | -€12,776 | -€13,666 | |
| Income taxes | 67/77 | €14,187 | - | -€14,187 | |
| Profit (loss) for the period | 9904 | -€13,298 | -€12,776 | +€522 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,298 | -€12,776 | +€522 | +3.9% |
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 17 October 2026 via checked.be.