AJAX CONSULT: 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.
AJAX CONSULT
Largest movements
- Cash -€128,918
down €128,918 (-59.3%), from €217,420 to €88,503
mainly Tax, wage and social debts (-€94,395) and Receivables within one year (-€29,786)
- Receivables within one year +€29,786
up €29,786 (+356%), from €8,371 to €38,156
of which Other amounts receivable: +€19,609
- Tax, wage and social debts -€94,395
down €94,395 (-96.1%), from €98,230 to €3,835
- Financial income -€122,492
down €122,492 (-87.2%), from €140,506 to €18,013
- Gross operating margin -€22,677
down €22,677, from €16,710 to -€5,967
- Taxes -€21,483
down €21,483 (-98.4%), from €21,842 to €359
- Depreciation -€7,759
down €7,759 (-87.8%), from €8,841 to €1,083
- Financial charges -€408
down €408 (-18.1%), from €2,252 to €1,843
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 | €1,387,918 | €1,300,359 | -€87,560 | -6.3% |
| Fixed assets | 21/28 | €5,069 | €4,857 | -€212 | -4.2% |
| Tangible fixed assets | 22/27 | €5,069 | €4,857 | -€212 | -4.2% |
| Furniture and vehicles | 24 | €5,069 | €4,857 | -€212 | -4.2% |
| Current assets | 29/58 | €1,382,850 | €1,295,502 | -€87,348 | -6.3% |
| Amounts receivable within one year | 40/41 | €8,371 | €38,156 | +€29,786 | +356% |
| Trade receivables | 40 | €6,871 | €17,047 | +€10,176 | +148% |
| Other amounts receivable | 41 | €1,500 | €21,109 | +€19,609 | +1,307% |
| Current investments | 50/53 | €1,157,059 | €1,168,843 | +€11,784 | +1.0% |
| Cash at bank and in hand | 54/58 | €217,420 | €88,503 | -€128,918 | -59.3% |
| Total equity and liabilities | 10/49 | €1,387,918 | €1,300,359 | -€87,560 | -6.3% |
| Equity | 10/15 | €1,287,841 | €1,292,316 | +€4,475 | +0.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,048,860 | €1,048,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,047,000 | €1,047,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,581 | €231,056 | +€4,475 | +2.0% |
| Amounts payable | 17/49 | €100,077 | €8,042 | -€92,034 | -92.0% |
| Amounts payable within one year | 42/48 | €100,077 | €8,042 | -€92,034 | -92.0% |
| Trade debts | 44 | €1,695 | €4,056 | +€2,361 | +139% |
| Suppliers | 440/4 | €1,695 | €4,056 | +€2,361 | +139% |
| Taxes, remuneration and social security | 45 | €98,230 | €3,835 | -€94,395 | -96.1% |
| Taxes | 450/3 | €98,230 | €3,835 | -€94,395 | -96.1% |
| Other amounts payable | 47/48 | €152 | €152 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,841 | €1,083 | -€7,759 | -87.8% |
| Other operating charges | 640/8 | €1,195 | €1,286 | +€92 | +7.7% |
| Gross operating margin | 9900 | €16,710 | -€5,967 | -€22,677 | |
| Operating profit (loss) | 9901 | €6,674 | -€8,336 | -€15,010 | |
| Financial income | 75/76B | €140,506 | €18,013 | -€122,492 | -87.2% |
| Recurring financial income | 75 | €140,506 | €18,013 | -€122,492 | -87.2% |
| Financial charges | 65/66B | €2,252 | €1,843 | -€408 | -18.1% |
| Recurring financial charges | 65 | €2,252 | €1,843 | -€408 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €144,928 | €7,834 | -€137,094 | -94.6% |
| Income taxes | 67/77 | €21,842 | €359 | -€21,483 | -98.4% |
| Profit (loss) for the period | 9904 | €123,086 | €7,475 | -€115,611 | -93.9% |
| Profit (loss) for the period to be appropriated | 9905 | €123,086 | €7,475 | -€115,611 | -93.9% |
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 14 October 2026 via checked.be.