AJE GESTION: 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.
AJE GESTION
Largest movements
- Current investments +€300,000
new in 2025: €300,000
- Tangible fixed assets +€167,327
up €167,327 (+22862.6%), from €732 to €168,059
of which Assets under construction and advance payments: +€114,907
- Cash +€55,599
up €55,599 (+15.3%), from €364,391 to €419,989
mainly Net result for the year (+€537,018) and Tax, wage and social debts (+€8,153)
- Receivables within one year +€21,209
up €21,209 (+84.9%), from €24,976 to €46,185
of which Other amounts receivable: +€30,807
- Reserves +€537,018
up €537,018 (+158.2%), from €339,544 to €876,561
- Financial income +€450,008
up €450,008 (+600010.1%), from €75 to €450,083
- Other operating charges +€32,463
new in 2025: €32,463
- Taxes +€31,901
up €31,901 (+43.4%), from €73,518 to €105,418
- Gross operating margin +€6,343
up €6,343 (+2.9%), from €219,340 to €225,683
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 | €466,617 | €1,010,937 | +€544,320 | +116.7% |
| Fixed assets | 21/28 | €75,732 | €243,059 | +€167,327 | +220.9% |
| Tangible fixed assets | 22/27 | €732 | €168,059 | +€167,327 | +22862.6% |
| Land and buildings | 22 | - | €51,873 | +€51,873 | |
| Furniture and vehicles | 24 | €732 | €1,278 | +€546 | +74.6% |
| Assets under construction and advance payments | 27 | - | €114,907 | +€114,907 | |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €390,886 | €767,878 | +€376,993 | +96.4% |
| Amounts receivable within one year | 40/41 | €24,976 | €46,185 | +€21,209 | +84.9% |
| Trade receivables | 40 | €9,597 | - | -€9,597 | |
| Other amounts receivable | 41 | €15,379 | €46,185 | +€30,807 | +200.3% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €364,391 | €419,989 | +€55,599 | +15.3% |
| Deferred charges and accrued income | 490/1 | €1,519 | €1,704 | +€185 | +12.2% |
| Total equity and liabilities | 10/49 | €466,617 | €1,010,937 | +€544,320 | +116.7% |
| Equity | 10/15 | €403,360 | €940,378 | +€537,018 | +133.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €339,544 | €876,561 | +€537,018 | +158.2% |
| Distributable reserves | 133 | €339,544 | €876,561 | +€537,018 | +158.2% |
| Profit (loss) carried forward | 14 | €45,217 | €45,217 | = | 0.0% |
| Amounts payable | 17/49 | €63,257 | €70,559 | +€7,302 | +11.5% |
| Amounts payable within one year | 42/48 | €63,257 | €70,559 | +€7,302 | +11.5% |
| Trade debts | 44 | - | €304 | +€304 | |
| Suppliers | 440/4 | - | €304 | +€304 | |
| Taxes, remuneration and social security | 45 | €45,549 | €53,702 | +€8,153 | +17.9% |
| Taxes | 450/3 | €45,549 | €53,702 | +€8,153 | +17.9% |
| Other amounts payable | 47/48 | €17,709 | €16,553 | -€1,155 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €399 | €585 | +€186 | +46.6% |
| Other operating charges | 640/8 | - | €32,463 | +€32,463 | |
| Gross operating margin | 9900 | €219,340 | €225,683 | +€6,343 | +2.9% |
| Operating profit (loss) | 9901 | €218,941 | €192,636 | -€26,305 | -12.0% |
| Financial income | 75/76B | €75 | €450,083 | +€450,008 | +600010.1% |
| Recurring financial income | 75 | €75 | €450,083 | +€450,008 | +600010.1% |
| Financial charges | 65/66B | €153 | €282 | +€129 | +84.3% |
| Recurring financial charges | 65 | €153 | €282 | +€129 | +84.3% |
| Profit (loss) for the period before taxes | 9903 | €218,863 | €642,436 | +€423,573 | +193.5% |
| Income taxes | 67/77 | €73,518 | €105,418 | +€31,901 | +43.4% |
| Profit (loss) for the period | 9904 | €145,345 | €537,018 | +€391,673 | +269.5% |
| Transfer to tax-exempt reserves | 689 | €145,345 | - | -€145,345 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €537,018 | +€537,018 |
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.