AJKELEC: 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.
AJKELEC
Largest movements
- Receivables within one year +€18,413
up €18,413 (+32.5%), from €56,732 to €75,145
of which Trade receivables: +€19,464
- Cash +€10,248
up €10,248 (+206%), from €4,974 to €15,222
mainly Net result for the year (+€19,202) and Trade debts (+€7,459)
- Tangible fixed assets -€5,000
down €5,000 (-37.8%), from €13,240 to €8,240
of which Furniture and vehicles: -€4,000
- Profit (loss) carried forward +€19,202
up €19,202 (+185%), from €10,365 to €29,567
- Trade debts +€7,459
up €7,459 (+13.1%), from €57,097 to €64,556
of which Suppliers: +€7,459
- Tax, wage and social debts -€3,046
down €3,046 (-35.1%), from €8,671 to €5,625
- Gross operating margin +€12,434
up €12,434 (+61.1%), from €20,350 to €32,784
- Depreciation -€10,230
down €10,230 (-67.2%), from €15,231 to €5,001
- Taxes +€925
up €925 (+19.7%), from €4,700 to €5,625
- Other operating charges -€523
down €523 (-18.6%), from €2,812 to €2,289
- Financial charges +€475
up €475 (+105%), from €453 to €928
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,133 | €99,748 | +€23,615 | +31.0% |
| Fixed assets | 21/28 | €13,240 | €8,240 | -€5,000 | -37.8% |
| Tangible fixed assets | 22/27 | €13,240 | €8,240 | -€5,000 | -37.8% |
| Plant, machinery and equipment | 23 | €2,503 | €1,502 | -€1,001 | -40.0% |
| Furniture and vehicles | 24 | €10,738 | €6,738 | -€4,000 | -37.2% |
| Current assets | 29/58 | €62,893 | €91,508 | +€28,615 | +45.5% |
| Amounts receivable within one year | 40/41 | €56,732 | €75,145 | +€18,413 | +32.5% |
| Trade receivables | 40 | €46,861 | €66,325 | +€19,464 | +41.5% |
| Other amounts receivable | 41 | €9,871 | €8,820 | -€1,051 | -10.6% |
| Cash at bank and in hand | 54/58 | €4,974 | €15,222 | +€10,248 | +206% |
| Deferred charges and accrued income | 490/1 | €1,187 | €1,141 | -€46 | -3.8% |
| Total equity and liabilities | 10/49 | €76,133 | €99,748 | +€23,615 | +31.0% |
| Equity | 10/15 | €10,365 | €29,567 | +€19,202 | +185% |
| Profit (loss) carried forward | 14 | €10,365 | €29,567 | +€19,202 | +185% |
| Amounts payable | 17/49 | €65,768 | €70,181 | +€4,413 | +6.7% |
| Amounts payable within one year | 42/48 | €65,768 | €70,181 | +€4,413 | +6.7% |
| Trade debts | 44 | €57,097 | €64,556 | +€7,459 | +13.1% |
| Suppliers | 440/4 | €27,498 | €34,957 | +€7,459 | +27.1% |
| Bills of exchange payable | 441 | €29,599 | €29,599 | -€0 | 0.0% |
| Taxes, remuneration and social security | 45 | €8,671 | €5,625 | -€3,046 | -35.1% |
| Taxes | 450/3 | €8,671 | €5,625 | -€3,046 | -35.1% |
| Remuneration, social security and pensions | 62 | - | €194 | +€194 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,231 | €5,001 | -€10,230 | -67.2% |
| Other operating charges | 640/8 | €2,812 | €2,289 | -€523 | -18.6% |
| Gross operating margin | 9900 | €20,350 | €32,784 | +€12,434 | +61.1% |
| Operating profit (loss) | 9901 | €2,307 | €25,300 | +€22,993 | +997% |
| Financial income | 75/76B | €67 | €455 | +€388 | +576% |
| Recurring financial income | 75 | €67 | €455 | +€388 | +576% |
| Financial charges | 65/66B | €453 | €928 | +€475 | +105% |
| Recurring financial charges | 65 | €453 | €928 | +€475 | +105% |
| Profit (loss) for the period before taxes | 9903 | €1,921 | €24,827 | +€22,906 | +1,192% |
| Income taxes | 67/77 | €4,700 | €5,625 | +€925 | +19.7% |
| Profit (loss) for the period | 9904 | -€2,779 | €19,202 | +€21,981 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,779 | €19,202 | +€21,981 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.