AJISAI: 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.
AJISAI
Largest movements
- Receivables within one year -€135,167
down €135,167 (-66.9%), from €202,086 to €66,920
of which Other amounts receivable: -€127,389
- Tangible fixed assets +€107,586
up €107,586 (+3,992%), from €2,695 to €110,281
- Other debts -€130,931
down €130,931 (-59.0%), from €221,809 to €90,878
- Debts after one year +€70,108
new in 2025: €70,108
- Current portion of long-term debt +€25,975
up €25,975, from €0 to €25,975
- Tax, wage and social debts +€9,763
up €9,763 (+75.2%), from €12,976 to €22,739
- Gross operating margin -€186,255
down €186,255 (-65.2%), from €285,572 to €99,317
- Taxes -€51,054
down €51,054 (-74.1%), from €68,926 to €17,873
- Depreciation +€7,510
up €7,510 (+2,714%), from €277 to €7,787
- Financial income -€4,484
down €4,484 (-69.7%), from €6,429 to €1,945
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.
Derived cash bridge
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 | €255,454 | €229,862 | -€25,592 | -10.0% |
| Fixed assets | 21/28 | €2,695 | €110,281 | +€107,586 | +3,992% |
| Tangible fixed assets | 22/27 | €2,695 | €110,281 | +€107,586 | +3,992% |
| Furniture and vehicles | 24 | €2,695 | €110,281 | +€107,586 | +3,992% |
| Current assets | 29/58 | €252,759 | €119,581 | -€133,178 | -52.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €202,086 | €66,920 | -€135,167 | -66.9% |
| Trade receivables | 40 | €72,570 | €64,792 | -€7,778 | -10.7% |
| Other amounts receivable | 41 | €129,516 | €2,127 | -€127,389 | -98.4% |
| Cash at bank and in hand | 54/58 | €49,839 | €49,670 | -€169 | -0.3% |
| Deferred charges and accrued income | 490/1 | €833 | €2,991 | +€2,158 | +259% |
| Total equity and liabilities | 10/49 | €255,454 | €229,862 | -€25,592 | -10.0% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €236,854 | €211,262 | -€25,592 | -10.8% |
| Amounts payable after more than one year | 17 | - | €70,108 | +€70,108 | |
| Financial debts | 170/4 | - | €70,108 | +€70,108 | |
| Amounts payable within one year | 42/48 | €236,854 | €140,867 | -€95,987 | -40.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | €25,975 | +€25,975 | |
| Trade debts | 44 | €2,068 | €1,274 | -€794 | -38.4% |
| Suppliers | 440/4 | €2,068 | €1,274 | -€794 | -38.4% |
| Taxes, remuneration and social security | 45 | €12,976 | €22,739 | +€9,763 | +75.2% |
| Taxes | 450/3 | €12,976 | €22,739 | +€9,763 | +75.2% |
| Other amounts payable | 47/48 | €221,809 | €90,878 | -€130,931 | -59.0% |
| Accrued charges and deferred income | 492/3 | €0 | €288 | +€288 | |
| Non-recurring operating income | 76A | - | €16,529 | +€16,529 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €277 | €7,787 | +€7,510 | +2,714% |
| Other operating charges | 640/8 | €800 | €746 | -€55 | -6.8% |
| Gross operating margin | 9900 | €285,572 | €99,317 | -€186,255 | -65.2% |
| Operating profit (loss) | 9901 | €284,495 | €90,784 | -€193,710 | -68.1% |
| Financial income | 75/76B | €6,429 | €1,945 | -€4,484 | -69.7% |
| Recurring financial income | 75 | €6,429 | €1,945 | -€4,484 | -69.7% |
| Financial charges | 65/66B | €188 | €1,032 | +€843 | +448% |
| Recurring financial charges | 65 | €188 | €1,032 | +€843 | +448% |
| Profit (loss) for the period before taxes | 9903 | €290,735 | €91,698 | -€199,038 | -68.5% |
| Income taxes | 67/77 | €68,926 | €17,873 | -€51,054 | -74.1% |
| Profit (loss) for the period | 9904 | €221,809 | €73,825 | -€147,984 | -66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €221,809 | €73,825 | -€147,984 | -66.7% |
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 14 October 2026 via checked.be.