AJIMEX: 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.
What changed
AJIMEX
NACE 49.410, Freight transport by road
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€828,953
2025 · €1.4m-€614,984
Equity
€4.7m
2025 · €3.9m+€828,953
Cash
€3.1m
2025 · €4.4m-€1.4m
Balance sheet total
€10.9m
2025 · €9.7m+€1.2m
Largest movements
Assets
- Tangible fixed assets +€2.2m
up €2.2m (+163.4%), from €1.3m to €3.5m
of which Leasing and similar rights: +€2.1m
- Cash -€1.4m
down €1.4m (-30.9%), from €4.4m to €3.1m
mainly Investment in fixed assets (net) (-€2.8m) and Other debts (-€1.3m)
- Receivables within one year +€199,502
up €199,502 (+5.5%), from €3.6m to €3.8m
of which Trade receivables: +€259,720
- Deferred charges and accrued income +€114,748
up €114,748 (+189.0%), from €60,726 to €175,474
Equity and liabilities
- Debts after one year +€1.4m
up €1.4m (+184.7%), from €770,717 to €2.2m
- Other debts -€1.3m
down €1.3m (-89.4%), from €1.5m to €154,267
- Profit (loss) carried forward +€828,953
up €828,953 (+24.1%), from €3.4m to €4.3m
- Current portion of long-term debt +€339,444
up €339,444 (+98.9%), from €343,237 to €682,681
- Trade debts -€240,502
down €240,502 (-11.0%), from €2.2m to €1.9m
Income statement
- Turnover -€2.8m
down €2.8m (-13.3%), from €21.2m to €18.4m
- Services and other goods -€928,822
down €928,822 (-13.2%), from €7.1m to €6.1m
- Staff costs -€572,687
down €572,687 (-8.5%), from €6.7m to €6.2m
- Goods and materials -€435,812
down €435,812 (-8.8%), from €4.9m to €4.5m
of which Purchases: -€419,892
- Taxes -€218,310
down €218,310 (-38.9%), from €561,816 to €343,506
From the 2025 result to the 2026 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.
Result 2025
€1.4m
Turnover
-€2.8m
Other operating income
+€49,690
Goods and materials
+€435,812
Services and other goods
+€928,822
Staff costs
+€572,687
Depreciation
-€115,927
Write-downs
-€43,576
Other operating charges
+€114,992
Other operating items
+€73,481
Financial income
+€283
Financial charges
-€23,529
Taxes
+€218,310
Result 2026
€828,953
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€378,807
Investment
-€2.8m
Financing
+€1.8m
Cash 2025
€4.4m
From operations (derived)
-€378,807
Net result for the year
+€828,953
Depreciation
+€589,974
Stocks and contracts
-€47,252
Receivables within one year
-€199,502
Deferred charges and accrued income
-€114,748
Trade debts
-€240,502
Tax, wage and social debts
+€6,861
Other debts
-€1.3m
Accrued charges and deferred income
+€93,142
Investment (derived)
-€2.8m
Investment in fixed assets (net)
-€2.8m
Financing
+€1.8m
Debts after one year
+€1.4m
Current portion of long-term debt
+€339,444
Cash 2026
€3.1m
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,745,814 | €10,901,522 | +€1.2m | +11.9% |
| Fixed assets | 21/28 | €1,360,019 | €3,521,803 | +€2.2m | +159.0% |
| Intangible fixed assets | 21 | €2,719 | - | -€2,719 | |
| Tangible fixed assets | 22/27 | €1,337,300 | €3,521,803 | +€2.2m | +163.4% |
| Plant, machinery and equipment | 23 | €260,980 | €255,581 | -€5,399 | -2.1% |
| Furniture and vehicles | 24 | €159,892 | €137,212 | -€22,680 | -14.2% |
| Leasing and similar rights | 25 | €909,702 | €3,003,187 | +€2.1m | +230.1% |
| Assets under construction and advance payments | 27 | €6,726 | €125,823 | +€119,097 | +1770.7% |
| Financial fixed assets | 28 | €20,000 | - | -€20,000 | |
| Other financial fixed assets | 284/8 | €20,000 | - | -€20,000 | |
| Amounts receivable and cash guarantees | 285/8 | €20,000 | - | -€20,000 | |
| Current assets | 29/58 | €8,385,795 | €7,379,719 | -€1.0m | -12.0% |
| Stocks and contracts in progress | 3 | €256,223 | €303,475 | +€47,252 | +18.4% |
| Stocks | 30/36 | €256,223 | €303,475 | +€47,252 | +18.4% |
| Raw materials and consumables | 30/31 | €256,223 | €303,475 | +€47,252 | +18.4% |
| Amounts receivable within one year | 40/41 | €3,642,620 | €3,842,122 | +€199,502 | +5.5% |
| Trade receivables | 40 | €3,521,521 | €3,781,241 | +€259,720 | +7.4% |
| Other amounts receivable | 41 | €121,099 | €60,881 | -€60,218 | -49.7% |
| Cash at bank and in hand | 54/58 | €4,426,226 | €3,058,648 | -€1.4m | -30.9% |
| Deferred charges and accrued income | 490/1 | €60,726 | €175,474 | +€114,748 | +189.0% |
| Total equity and liabilities | 10/49 | €9,745,814 | €10,901,522 | +€1.2m | +11.9% |
| Equity | 10/15 | €3,906,201 | €4,735,154 | +€828,953 | +21.2% |
| Contributions | 10/11 | €342,000 | €342,000 | = | 0.0% |
| Reserves | 13 | €122,999 | €122,999 | = | 0.0% |
| Non-distributable reserves | 130/1 | €34,200 | €34,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €34,200 | €34,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €34,750 | €34,750 | = | 0.0% |
| Distributable reserves | 133 | €54,049 | €54,049 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,441,202 | €4,270,155 | +€828,953 | +24.1% |
| Amounts payable | 17/49 | €5,839,613 | €6,166,368 | +€326,755 | +5.6% |
| Amounts payable after more than one year | 17 | €770,717 | €2,194,260 | +€1.4m | +184.7% |
| Financial debts | 170/4 | €770,717 | €2,194,260 | +€1.4m | +184.7% |
| Leasing and similar obligations | 172 | €632,591 | €2,155,885 | +€1.5m | +240.8% |
| Credit institutions | 173 | €138,126 | €38,375 | -€99,751 | -72.2% |
| Amounts payable within one year | 42/48 | €5,003,018 | €3,813,088 | -€1.2m | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €343,237 | €682,681 | +€339,444 | +98.9% |
| Trade debts | 44 | €2,188,749 | €1,948,247 | -€240,502 | -11.0% |
| Suppliers | 440/4 | €2,188,749 | €1,948,247 | -€240,502 | -11.0% |
| Taxes, remuneration and social security | 45 | €1,021,032 | €1,027,893 | +€6,861 | +0.7% |
| Taxes | 450/3 | €150,445 | €186,354 | +€35,909 | +23.9% |
| Remuneration and social security | 454/9 | €870,587 | €841,539 | -€29,048 | -3.3% |
| Other amounts payable | 47/48 | €1,450,000 | €154,267 | -€1.3m | -89.4% |
| Accrued charges and deferred income | 492/3 | €65,878 | €159,020 | +€93,142 | +141.4% |
| Operating income | 70/76A | €21,475,996 | €18,708,722 | -€2.8m | -12.9% |
| Turnover | 70 | €21,198,596 | €18,372,567 | -€2.8m | -13.3% |
| Other operating income | 74 | €68,964 | €118,654 | +€49,690 | +72.1% |
| Non-recurring operating income | 76A | €208,436 | €217,501 | +€9,065 | +4.3% |
| Operating charges | 60/66A | €19,386,264 | €17,429,038 | -€2.0m | -10.1% |
| Goods for resale, raw materials and consumables | 60 | €4,931,932 | €4,496,120 | -€435,812 | -8.8% |
| Purchases | 600/8 | €4,963,264 | €4,543,372 | -€419,892 | -8.5% |
| Change in stocks: decrease (increase) | 609 | -€31,332 | -€47,252 | -€15,920 | -50.8% |
| Services and other goods | 61 | €7,054,473 | €6,125,651 | -€928,822 | -13.2% |
| Remuneration, social security and pensions | 62 | €6,732,291 | €6,159,604 | -€572,687 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €474,047 | €589,974 | +€115,927 | +24.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€34,514 | €9,062 | +€43,576 | |
| Other operating charges | 640/8 | €162,399 | €47,407 | -€114,992 | -70.8% |
| Non-recurring operating charges | 66A | €65,636 | €1,220 | -€64,416 | -98.1% |
| Operating profit (loss) | 9901 | €2,089,732 | €1,279,684 | -€810,048 | -38.8% |
| Financial income | 75/76B | €9,765 | €10,048 | +€283 | +2.9% |
| Recurring financial income | 75 | €9,765 | €10,048 | +€283 | +2.9% |
| Other financial income | 752/9 | €9,765 | €10,048 | +€283 | +2.9% |
| Financial charges | 65/66B | €93,744 | €117,273 | +€23,529 | +25.1% |
| Recurring financial charges | 65 | €93,744 | €117,273 | +€23,529 | +25.1% |
| Debt charges | 650 | €51,209 | €90,483 | +€39,274 | +76.7% |
| Other financial charges | 652/9 | €42,535 | €26,790 | -€15,745 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €2,005,753 | €1,172,459 | -€833,294 | -41.5% |
| Income taxes | 67/77 | €561,816 | €343,506 | -€218,310 | -38.9% |
| Taxes | 670/3 | €561,816 | €343,506 | -€218,310 | -38.9% |
| Profit (loss) for the period | 9904 | €1,443,937 | €828,953 | -€614,984 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,443,937 | €828,953 | -€614,984 | -42.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.