AJAGA: 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.
AJAGA
Largest movements
- Receivables within one year +€15,598
up €15,598 (+4511.0%), from €346 to €15,944
of which Trade receivables: +€15,000
- Cash -€10,774
down €10,774 (-64.0%), from €16,822 to €6,048
mainly Receivables within one year (-€15,598) and Accrued charges and deferred income (-€4,000)
- Other debts +€8,495
up €8,495 (+474.2%), from €1,791 to €10,286
- Accrued charges and deferred income -€4,000
no longer reported in 2025 (was €4,000)
- Trade debts +€2,106
up €2,106 (+888.9%), from €237 to €2,343
- Profit (loss) carried forward -€1,776
down €1,776 (-22.0%), from -€8,080 to -€9,857
- Gross operating margin +€2,506
up €2,506 (+69.3%), from -€3,614 to -€1,109
- Financial charges +€40
up €40 (+39.8%), from €100 to €140
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 | €17,168 | €21,992 | +€4,824 | +28.1% |
| Current assets | 29/58 | €17,168 | €21,992 | +€4,824 | +28.1% |
| Amounts receivable within one year | 40/41 | €346 | €15,944 | +€15,598 | +4511.0% |
| Trade receivables | 40 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 41 | €346 | €944 | +€598 | +173.0% |
| Cash at bank and in hand | 54/58 | €16,822 | €6,048 | -€10,774 | -64.0% |
| Total equity and liabilities | 10/49 | €17,168 | €21,992 | +€4,824 | +28.1% |
| Equity | 10/15 | €11,140 | €9,363 | -€1,776 | -15.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,080 | -€9,857 | -€1,776 | -22.0% |
| Amounts payable | 17/49 | €6,028 | €12,628 | +€6,600 | +109.5% |
| Amounts payable within one year | 42/48 | €2,028 | €12,628 | +€10,600 | +522.6% |
| Trade debts | 44 | €237 | €2,343 | +€2,106 | +888.9% |
| Suppliers | 440/4 | €237 | €2,343 | +€2,106 | +888.9% |
| Other amounts payable | 47/48 | €1,791 | €10,286 | +€8,495 | +474.2% |
| Accrued charges and deferred income | 492/3 | €4,000 | - | -€4,000 | |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€3,614 | -€1,109 | +€2,506 | +69.3% |
| Operating profit (loss) | 9901 | -€4,128 | -€1,636 | +€2,492 | +60.4% |
| Financial charges | 65/66B | €100 | €140 | +€40 | +39.8% |
| Recurring financial charges | 65 | €100 | €140 | +€40 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,228 | -€1,776 | +€2,452 | +58.0% |
| Profit (loss) for the period | 9904 | -€4,228 | -€1,776 | +€2,452 | +58.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,228 | -€1,776 | +€2,452 | +58.0% |
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 11 October 2026 via checked.be.