AJIR: 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.
AJIR
Largest movements
- Cash +€58,388
up €58,388 (+73.1%), from €79,845 to €138,232
mainly Net result for the year (+€57,031) and Tax, wage and social debts (+€1,879)
- Reserves +€57,031
up €57,031 (+86.1%), from €66,248 to €123,278
- Tax, wage and social debts +€1,879
up €1,879 (+16.7%), from €11,264 to €13,143
- Gross operating margin +€7,841
up €7,841 (+12.1%), from €64,562 to €72,403
- Taxes +€1,628
up €1,628 (+12.5%), from €13,028 to €14,657
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 | €80,907 | €140,248 | +€59,341 | +73.3% |
| Fixed assets | 21/28 | €863 | €766 | -€97 | -11.2% |
| Tangible fixed assets | 22/27 | €863 | €766 | -€97 | -11.2% |
| Other tangible fixed assets | 26 | €863 | €766 | -€97 | -11.2% |
| Current assets | 29/58 | €80,045 | €139,482 | +€59,438 | +74.3% |
| Amounts receivable within one year | 40/41 | €200 | €1,250 | +€1,050 | +525.0% |
| Trade receivables | 40 | - | €1,250 | +€1,250 | |
| Other amounts receivable | 41 | €200 | - | -€200 | |
| Cash at bank and in hand | 54/58 | €79,845 | €138,232 | +€58,388 | +73.1% |
| Total equity and liabilities | 10/49 | €80,907 | €140,248 | +€59,341 | +73.3% |
| Equity | 10/15 | €69,248 | €126,278 | +€57,031 | +82.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €66,248 | €123,278 | +€57,031 | +86.1% |
| Distributable reserves | 133 | €66,248 | €123,278 | +€57,031 | +86.1% |
| Amounts payable | 17/49 | €11,660 | €13,970 | +€2,310 | +19.8% |
| Amounts payable within one year | 42/48 | €11,660 | €13,970 | +€2,310 | +19.8% |
| Financial debts | 43 | €0 | €0 | = | 0.0% |
| Credit institutions | 430/8 | €0 | €0 | = | 0.0% |
| Trade debts | 44 | €144 | €467 | +€322 | +223.3% |
| Suppliers | 440/4 | €144 | €467 | +€322 | +223.3% |
| Taxes, remuneration and social security | 45 | €11,264 | €13,143 | +€1,879 | +16.7% |
| Taxes | 450/3 | €11,264 | €13,143 | +€1,879 | +16.7% |
| Other amounts payable | 47/48 | €252 | €360 | +€108 | +43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97 | €97 | = | 0.0% |
| Other operating charges | 640/8 | €504 | €467 | -€37 | -7.4% |
| Gross operating margin | 9900 | €64,562 | €72,403 | +€7,841 | +12.1% |
| Operating profit (loss) | 9901 | €63,961 | €71,840 | +€7,878 | +12.3% |
| Financial charges | 65/66B | €372 | €153 | -€219 | -58.9% |
| Recurring financial charges | 65 | €372 | €153 | -€219 | -58.9% |
| Profit (loss) for the period before taxes | 9903 | €63,589 | €71,687 | +€8,098 | +12.7% |
| Income taxes | 67/77 | €13,028 | €14,657 | +€1,628 | +12.5% |
| Profit (loss) for the period | 9904 | €50,561 | €57,031 | +€6,470 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €50,561 | €57,031 | +€6,470 | +12.8% |
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 30 September 2026 via checked.be.