AJARC: 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.
AJARC
Largest movements
- Receivables within one year +€4,000
new in 2025: €4,000
- Cash +€569
up €569 (+258.3%), from €220 to €789
mainly Net result for the year (+€13,464) and Trade debts (+€605)
- Profit (loss) carried forward +€13,464
up €13,464 (+9.1%), from -€147,801 to -€134,337
- Debts after one year -€9,900
down €9,900 (-13.2%), from €74,865 to €64,965
- Trade debts +€605
up €605 (+10.8%), from €5,617 to €6,222
- Accrued charges and deferred income +€400
new in 2025: €400
- Gross operating margin +€11,387
up €11,387 (+298.3%), from €3,818 to €15,204
- Other operating charges +€1,740
new in 2025: €1,740
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 | €380 | €4,949 | +€4,569 | +1201.4% |
| Fixed assets | 21/28 | €160 | €160 | = | 0.0% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €220 | €4,789 | +€4,569 | +2074.0% |
| Amounts receivable within one year | 40/41 | - | €4,000 | +€4,000 | |
| Trade receivables | 40 | - | €4,000 | +€4,000 | |
| Cash at bank and in hand | 54/58 | €220 | €789 | +€569 | +258.3% |
| Total equity and liabilities | 10/49 | €380 | €4,949 | +€4,569 | +1201.4% |
| Equity | 10/15 | -€80,101 | -€66,637 | +€13,464 | +16.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €5,700 | €5,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,700 | €5,700 | = | 0.0% |
| Legal reserve | 130 | €5,700 | €5,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,801 | -€134,337 | +€13,464 | +9.1% |
| Amounts payable | 17/49 | €80,481 | €71,586 | -€8,895 | -11.1% |
| Amounts payable after more than one year | 17 | €74,865 | €64,965 | -€9,900 | -13.2% |
| Financial debts | 170/4 | €74,865 | €64,965 | -€9,900 | -13.2% |
| Amounts payable within one year | 42/48 | €5,617 | €6,222 | +€605 | +10.8% |
| Trade debts | 44 | €5,617 | €6,222 | +€605 | +10.8% |
| Suppliers | 440/4 | €5,617 | €6,222 | +€605 | +10.8% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Other operating charges | 640/8 | - | €1,740 | +€1,740 | |
| Gross operating margin | 9900 | €3,818 | €15,204 | +€11,387 | +298.3% |
| Operating profit (loss) | 9901 | €3,818 | €13,464 | +€9,647 | +252.7% |
| Profit (loss) for the period before taxes | 9903 | €3,818 | €13,464 | +€9,647 | +252.7% |
| Profit (loss) for the period | 9904 | €3,818 | €13,464 | +€9,647 | +252.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,818 | €13,464 | +€9,647 | +252.7% |
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 9 October 2026 via checked.be.