AJI: 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.
AJI
Largest movements
- Cash -€1,209
down €1,209 (-95.5%), from €1,266 to €57
mainly Trade debts (-€1,126) and Net result for the year (-€822)
- Trade debts -€1,126
down €1,126 (-75.9%), from €1,485 to €358
- Profit (loss) carried forward -€822
down €822 (-0.9%), from -€96,334 to -€97,156
- Other debts +€660
up €660 (+2.6%), from €25,375 to €26,034
- Gross operating margin +€5,959
up €5,959 (+97.9%), from -€6,087 to -€127
- Financial charges -€1,324
down €1,324 (-96.7%), from €1,369 to €45
- Taxes -€164
no longer reported in 2025 (was €164)
- Other operating charges +€161
up €161 (+33.0%), from €488 to €650
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 | €8,650 | €7,362 | -€1,288 | -14.9% |
| Current assets | 29/58 | €8,650 | €7,362 | -€1,288 | -14.9% |
| Stocks and contracts in progress | 3 | €6,890 | €6,890 | = | 0.0% |
| Stocks | 30/36 | €6,890 | €6,890 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €495 | €415 | -€80 | -16.1% |
| Trade receivables | 40 | €263 | - | -€263 | |
| Other amounts receivable | 41 | €231 | €415 | +€184 | +79.4% |
| Cash at bank and in hand | 54/58 | €1,266 | €57 | -€1,209 | -95.5% |
| Total equity and liabilities | 10/49 | €8,650 | €7,362 | -€1,288 | -14.9% |
| Equity | 10/15 | -€18,209 | -€19,031 | -€822 | -4.5% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €57,674 | €57,674 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,736 | €5,736 | = | 0.0% |
| Distributable reserves | 133 | €51,938 | €51,938 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,334 | -€97,156 | -€822 | -0.9% |
| Amounts payable | 17/49 | €26,859 | €26,393 | -€466 | -1.7% |
| Amounts payable within one year | 42/48 | €26,859 | €26,393 | -€466 | -1.7% |
| Trade debts | 44 | €1,485 | €358 | -€1,126 | -75.9% |
| Suppliers | 440/4 | €1,485 | €358 | -€1,126 | -75.9% |
| Other amounts payable | 47/48 | €25,375 | €26,034 | +€660 | +2.6% |
| Non-recurring operating income | 76A | €433 | - | -€433 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | -€0 | |
| Other operating charges | 640/8 | €488 | €650 | +€161 | +33.0% |
| Gross operating margin | 9900 | -€6,087 | -€127 | +€5,959 | +97.9% |
| Operating profit (loss) | 9901 | -€6,575 | -€777 | +€5,799 | +88.2% |
| Financial charges | 65/66B | €1,369 | €45 | -€1,324 | -96.7% |
| Recurring financial charges | 65 | €1,369 | €45 | -€1,324 | -96.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,945 | -€822 | +€7,123 | +89.7% |
| Income taxes | 67/77 | €164 | - | -€164 | |
| Profit (loss) for the period | 9904 | -€8,109 | -€822 | +€7,287 | +89.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,109 | -€822 | +€7,287 | +89.9% |
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 6 October 2026 via checked.be.