AJIPRO: 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.
AJIPRO
Largest movements
- Cash +€3,690
up €3,690 (+113.5%), from €3,252 to €6,941
mainly Depreciation (+€12,518) and Other debts (+€6,717)
- Stocks and contracts +€2,250
up €2,250 (+25.5%), from €8,815 to €11,065
- Other debts +€6,717
up €6,717 (+5.5%), from €122,111 to €128,828
- Current portion of long-term debt -€6,581
no longer reported in 2025 (was €6,581)
- Advances received +€5,000
new in 2025: €5,000
- Turnover -€2,224
down €2,224 (-3.4%), from €65,538 to €63,314
- Purchases and services +€1,915
up €1,915 (+3.9%), from €49,372 to €51,287
- Gross operating margin +€1,861
up €1,861 (+11.5%), from €16,166 to €18,027
- Other operating charges -€1,729
down €1,729 (-34.3%), from €5,043 to €3,314
- Depreciation +€1,704
up €1,704 (+15.8%), from €10,814 to €12,518
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 | €178,867 | €183,861 | +€4,994 | +2.8% |
| Fixed assets | 21/28 | €163,098 | €163,941 | +€844 | +0.5% |
| Tangible fixed assets | 22/27 | €163,098 | €163,941 | +€844 | +0.5% |
| Land and buildings | 22 | €163,098 | €153,630 | -€9,467 | -5.8% |
| Furniture and vehicles | 24 | - | €10,311 | +€10,311 | |
| Current assets | 29/58 | €15,769 | €19,919 | +€4,150 | +26.3% |
| Stocks and contracts in progress | 3 | €8,815 | €11,065 | +€2,250 | +25.5% |
| Stocks | 30/36 | €8,815 | €11,065 | +€2,250 | +25.5% |
| Amounts receivable within one year | 40/41 | €3,416 | €1,621 | -€1,795 | -52.6% |
| Trade receivables | 40 | €3,149 | €675 | -€2,474 | -78.5% |
| Other amounts receivable | 41 | €267 | €945 | +€678 | +254.1% |
| Cash at bank and in hand | 54/58 | €3,252 | €6,941 | +€3,690 | +113.5% |
| Deferred charges and accrued income | 490/1 | €286 | €292 | +€6 | +2.0% |
| Total equity and liabilities | 10/49 | €178,867 | €183,861 | +€4,994 | +2.8% |
| Equity | 10/15 | €37,030 | €37,198 | +€168 | +0.5% |
| Contributions | 10/11 | €62,100 | €62,100 | = | 0.0% |
| Capital | 10 | €62,100 | €62,100 | = | 0.0% |
| Issued capital | 100 | €62,100 | €62,100 | = | 0.0% |
| Reserves | 13 | €27,110 | €25,484 | -€1,626 | -6.0% |
| Tax-exempt reserves | 132 | €27,110 | €25,484 | -€1,626 | -6.0% |
| Profit (loss) carried forward | 14 | -€52,180 | -€50,386 | +€1,794 | +3.4% |
| Provisions and deferred taxes | 16 | €9,022 | €8,480 | -€542 | -6.0% |
| Deferred taxes | 168 | €9,022 | €8,480 | -€542 | -6.0% |
| Amounts payable | 17/49 | €132,815 | €138,183 | +€5,368 | +4.0% |
| Amounts payable within one year | 42/48 | €130,805 | €135,530 | +€4,725 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €6,581 | - | -€6,581 | |
| Trade debts | 44 | €204 | €998 | +€794 | +389.8% |
| Suppliers | 440/4 | €204 | €998 | +€794 | +389.8% |
| Advances received on contracts in progress | 46 | - | €5,000 | +€5,000 | |
| Taxes, remuneration and social security | 45 | €1,909 | €704 | -€1,205 | -63.1% |
| Taxes | 450/3 | €1,909 | €704 | -€1,205 | -63.1% |
| Other amounts payable | 47/48 | €122,111 | €128,828 | +€6,717 | +5.5% |
| Accrued charges and deferred income | 492/3 | €2,010 | €2,653 | +€643 | +32.0% |
| Turnover | 70 | €65,538 | €63,314 | -€2,224 | -3.4% |
| Non-recurring operating income | 76A | - | €6,000 | +€6,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €49,372 | €51,287 | +€1,915 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,814 | €12,518 | +€1,704 | +15.8% |
| Other operating charges | 640/8 | €5,043 | €3,314 | -€1,729 | -34.3% |
| Gross operating margin | 9900 | €16,166 | €18,027 | +€1,861 | +11.5% |
| Operating profit (loss) | 9901 | €309 | €2,195 | +€1,886 | +610.4% |
| Financial income | 75/76B | €0 | €94 | +€94 | +468850.0% |
| Recurring financial income | 75 | €0 | €94 | +€94 | +468850.0% |
| Financial charges | 65/66B | €868 | €432 | -€436 | -50.2% |
| Recurring financial charges | 65 | €868 | €432 | -€436 | -50.2% |
| Profit (loss) for the period before taxes | 9903 | -€559 | €1,857 | +€2,416 | |
| Transfer from deferred taxes | 780 | €582 | €542 | -€40 | -6.9% |
| Income taxes | 67/77 | €2,349 | €2,231 | -€118 | -5.0% |
| Profit (loss) for the period | 9904 | -€2,326 | €168 | +€2,494 | |
| Transfer from tax-exempt reserves | 789 | €1,747 | €1,626 | -€120 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€579 | €1,794 | +€2,374 |
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 4 October 2026 via checked.be.