AJATUS: 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.
AJATUS
Largest movements
- Cash -€22,207
down €22,207 (-22.2%), from €99,924 to €77,717
mainly Contributions, distributions and other (-€42,909) and Net result for the year (-€10,958)
- Receivables within one year +€5,269
up €5,269 (+24.7%), from €21,305 to €26,574
of which Other amounts receivable: +€7,793
- Profit (loss) carried forward -€64,027
down €64,027, from €51,831 to -€12,196
- Short-term financial debts +€27,327
new in 2024: €27,327
- Trade debts +€12,780
up €12,780 (+3661.9%), from €349 to €13,129
- Reserves +€10,160
up €10,160 (+7.1%), from €143,439 to €153,599
- Tax, wage and social debts -€2,661
down €2,661 (-76.9%), from €3,460 to €799
of which Taxes: -€2,960
- Financial income -€25,003
down €25,003 (-100.0%), from €25,003 to €0
- Taxes +€24,723
up €24,723 (+161.8%), from €15,277 to €40,000
- Gross operating margin -€13,995
down €13,995 (-30.8%), from €45,474 to €31,479
- Depreciation -€1,619
down €1,619 (-56.2%), from €2,882 to €1,262
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €231,789 | €215,932 | -€15,857 | -6.8% |
| Fixed assets | 21/28 | €106,749 | €106,437 | -€313 | -0.3% |
| Tangible fixed assets | 22/27 | €6,749 | €6,437 | -€313 | -4.6% |
| Plant, machinery and equipment | 23 | €6,749 | €5,795 | -€955 | -14.1% |
| Furniture and vehicles | 24 | €0 | €642 | +€642 | |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €125,039 | €109,495 | -€15,544 | -12.4% |
| Stocks and contracts in progress | 3 | €1,458 | €1,703 | +€245 | +16.8% |
| Stocks | 30/36 | €1,458 | €1,703 | +€245 | +16.8% |
| Amounts receivable within one year | 40/41 | €21,305 | €26,574 | +€5,269 | +24.7% |
| Trade receivables | 40 | €20,454 | €17,929 | -€2,524 | -12.3% |
| Other amounts receivable | 41 | €851 | €8,644 | +€7,793 | +915.4% |
| Cash at bank and in hand | 54/58 | €99,924 | €77,717 | -€22,207 | -22.2% |
| Deferred charges and accrued income | 490/1 | €2,352 | €3,500 | +€1,149 | +48.8% |
| Total equity and liabilities | 10/49 | €231,789 | €215,932 | -€15,857 | -6.8% |
| Equity | 10/15 | €221,470 | €167,603 | -€53,867 | -24.3% |
| Contributions | 10/11 | €26,200 | €26,200 | = | 0.0% |
| Reserves | 13 | €143,439 | €153,599 | +€10,160 | +7.1% |
| Distributable reserves | 133 | €143,439 | €153,599 | +€10,160 | +7.1% |
| Profit (loss) carried forward | 14 | €51,831 | -€12,196 | -€64,027 | |
| Amounts payable | 17/49 | €10,319 | €48,328 | +€38,010 | +368.4% |
| Amounts payable within one year | 42/48 | €9,049 | €48,278 | +€39,230 | +433.5% |
| Financial debts | 43 | - | €27,327 | +€27,327 | |
| Other loans | 439 | - | €27,327 | +€27,327 | |
| Trade debts | 44 | €349 | €13,129 | +€12,780 | +3661.9% |
| Suppliers | 440/4 | €349 | €13,129 | +€12,780 | +3661.9% |
| Taxes, remuneration and social security | 45 | €3,460 | €799 | -€2,661 | -76.9% |
| Taxes | 450/3 | €2,960 | €0 | -€2,960 | -100.0% |
| Remuneration and social security | 454/9 | €500 | €799 | +€299 | +59.7% |
| Other amounts payable | 47/48 | €5,240 | €7,023 | +€1,783 | +34.0% |
| Accrued charges and deferred income | 492/3 | €1,270 | €50 | -€1,220 | -96.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,882 | €1,262 | -€1,619 | -56.2% |
| Other operating charges | 640/8 | €796 | €732 | -€64 | -8.1% |
| Operating charges capitalised as restructuring costs | 649 | - | €0 | = | |
| Gross operating margin | 9900 | €45,474 | €31,479 | -€13,995 | -30.8% |
| Operating profit (loss) | 9901 | €41,796 | €29,484 | -€12,312 | -29.5% |
| Financial income | 75/76B | €25,003 | €0 | -€25,003 | -100.0% |
| Recurring financial income | 75 | €25,003 | €0 | -€25,003 | -100.0% |
| Financial charges | 65/66B | €289 | €442 | +€153 | +52.8% |
| Recurring financial charges | 65 | €289 | €442 | +€153 | +52.8% |
| Profit (loss) for the period before taxes | 9903 | €66,510 | €29,042 | -€37,468 | -56.3% |
| Income taxes | 67/77 | €15,277 | €40,000 | +€24,723 | +161.8% |
| Profit (loss) for the period | 9904 | €51,233 | -€10,958 | -€62,190 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,233 | -€10,958 | -€62,190 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.