AJAR & CO: 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.
AJAR & CO
Largest movements
- Cash +€1,016
up €1,016 (+7.8%), from €12,996 to €14,012
mainly Contributions, distributions and other (+€2,600) and Other debts (+€1,743)
- Tax, wage and social debts -€4,139
down €4,139 (-65.4%), from €6,326 to €2,187
- Contributions +€2,600
up €2,600 (+4.9%), from €52,655 to €55,255
- Other debts +€1,743
new in 2025: €1,743
- Trade debts +€722
up €722 (+37.2%), from €1,940 to €2,663
- Gross operating margin -€2,180
down €2,180 (-72.8%), from €2,993 to €813
- Other operating charges -€2,147
down €2,147 (-84.7%), from €2,534 to €387
- Financial income -€263
no longer reported in 2025 (was €263)
of which Financial income: -€263
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 | €44,556 | €45,572 | +€1,016 | +2.3% |
| Current assets | 29/58 | €44,556 | €45,572 | +€1,016 | +2.3% |
| Stocks and contracts in progress | 3 | €31,560 | €31,560 | = | 0.0% |
| Stocks | 30/36 | €31,560 | €31,560 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,996 | €14,012 | +€1,016 | +7.8% |
| Total equity and liabilities | 10/49 | €44,556 | €45,572 | +€1,016 | +2.3% |
| Equity | 10/15 | €36,160 | €38,979 | +€2,820 | +7.8% |
| Contributions | 10/11 | €52,655 | €55,255 | +€2,600 | +4.9% |
| Outside capital | 11 | €52,655 | €55,255 | +€2,600 | +4.9% |
| Other | 1109/19 | €52,655 | €55,255 | +€2,600 | +4.9% |
| Profit (loss) carried forward | 14 | -€16,495 | -€16,276 | +€220 | +1.3% |
| Amounts payable | 17/49 | €8,396 | €6,592 | -€1,804 | -21.5% |
| Amounts payable within one year | 42/48 | €8,396 | €6,592 | -€1,804 | -21.5% |
| Trade debts | 44 | €1,940 | €2,663 | +€722 | +37.2% |
| Suppliers | 440/4 | €1,940 | €2,663 | +€722 | +37.2% |
| Advances received on contracts in progress | 46 | €130 | - | -€130 | |
| Taxes, remuneration and social security | 45 | €6,326 | €2,187 | -€4,139 | -65.4% |
| Taxes | 450/3 | €6,326 | €2,187 | -€4,139 | -65.4% |
| Other amounts payable | 47/48 | - | €1,743 | +€1,743 | |
| Other operating charges | 640/8 | €2,534 | €387 | -€2,147 | -84.7% |
| Gross operating margin | 9900 | €2,993 | €813 | -€2,180 | -72.8% |
| Operating profit (loss) | 9901 | €460 | €426 | -€33 | -7.3% |
| Financial income | 75/76B | €263 | - | -€263 | |
| Recurring financial income | 75 | €263 | - | -€263 | |
| Non-recurring financial income | 76B | €263 | - | -€263 | |
| Financial charges | 65/66B | €214 | €207 | -€7 | -3.3% |
| Recurring financial charges | 65 | €214 | €207 | -€7 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €509 | €220 | -€289 | -56.9% |
| Profit (loss) for the period | 9904 | €509 | €220 | -€289 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €509 | €220 | -€289 | -56.9% |
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 4 October 2026 via checked.be.