AJL Service: 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.
AJL Service
Largest movements
- Receivables within one year -€73,019
down €73,019 (-88.5%), from €82,522 to €9,503
of which Trade receivables: -€70,615
- Cash -€50,791
down €50,791 (-97.3%), from €52,178 to €1,387
mainly Trade debts (-€178,244) and Current portion of long-term debt (-€15,753)
- Tangible fixed assets -€12,235
down €12,235 (-36.9%), from €33,124 to €20,889
of which Furniture and vehicles: -€12,000
- Stocks and contracts -€7,714
down €7,714 (-8.0%), from €96,805 to €89,091
- Trade debts -€178,244
down €178,244 (-97.4%), from €182,975 to €4,731
- Other debts +€44,464
up €44,464 (+366%), from €12,145 to €56,608
- Current portion of long-term debt -€15,753
no longer reported in 2026 (was €15,753)
- Tax, wage and social debts +€5,868
up €5,868 (+201%), from €2,921 to €8,789
- Gross operating margin -€2,965
down €2,965 (-17.0%), from €17,452 to €14,487
- Other operating charges -€1,037
no longer reported in 2026 (was €1,037)
- Financial charges -€922
down €922 (-37.8%), from €2,441 to €1,519
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €265,536 | €122,604 | -€142,932 | -53.8% |
| Fixed assets | 21/28 | €33,574 | €21,339 | -€12,235 | -36.4% |
| Tangible fixed assets | 22/27 | €33,124 | €20,889 | -€12,235 | -36.9% |
| Plant, machinery and equipment | 23 | €872 | €637 | -€235 | -26.9% |
| Furniture and vehicles | 24 | €32,252 | €20,252 | -€12,000 | -37.2% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €231,961 | €101,265 | -€130,697 | -56.3% |
| Stocks and contracts in progress | 3 | €96,805 | €89,091 | -€7,714 | -8.0% |
| Stocks | 30/36 | €96,805 | €89,091 | -€7,714 | -8.0% |
| Amounts receivable within one year | 40/41 | €82,522 | €9,503 | -€73,019 | -88.5% |
| Trade receivables | 40 | €77,248 | €6,633 | -€70,615 | -91.4% |
| Other amounts receivable | 41 | €5,274 | €2,870 | -€2,404 | -45.6% |
| Cash at bank and in hand | 54/58 | €52,178 | €1,387 | -€50,791 | -97.3% |
| Deferred charges and accrued income | 490/1 | €456 | €1,284 | +€828 | +181% |
| Total equity and liabilities | 10/49 | €265,536 | €122,604 | -€142,932 | -53.8% |
| Equity | 10/15 | €14,292 | €15,026 | +€733 | +5.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,229 | €11,229 | = | 0.0% |
| Distributable reserves | 133 | €11,229 | €11,229 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,136 | -€2,403 | +€733 | +23.4% |
| Amounts payable | 17/49 | €251,243 | €107,579 | -€143,665 | -57.2% |
| Amounts payable after more than one year | 17 | €37,450 | €37,450 | = | 0.0% |
| Financial debts | 170/4 | €37,450 | €37,450 | = | 0.0% |
| Amounts payable within one year | 42/48 | €213,793 | €70,129 | -€143,665 | -67.2% |
| Current portion of amounts payable after more than one year | 42 | €15,753 | - | -€15,753 | |
| Trade debts | 44 | €182,975 | €4,731 | -€178,244 | -97.4% |
| Suppliers | 440/4 | €182,975 | €4,731 | -€178,244 | -97.4% |
| Taxes, remuneration and social security | 45 | €2,921 | €8,789 | +€5,868 | +201% |
| Taxes | 450/3 | €2,921 | €8,789 | +€5,868 | +201% |
| Other amounts payable | 47/48 | €12,145 | €56,608 | +€44,464 | +366% |
| Non-recurring operating income | 76A | €4,959 | - | -€4,959 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,235 | €12,235 | = | 0.0% |
| Other operating charges | 640/8 | €1,037 | - | -€1,037 | |
| Gross operating margin | 9900 | €17,452 | €14,487 | -€2,965 | -17.0% |
| Operating profit (loss) | 9901 | €4,180 | €2,252 | -€1,928 | -46.1% |
| Financial charges | 65/66B | €2,441 | €1,519 | -€922 | -37.8% |
| Recurring financial charges | 65 | €2,441 | €1,519 | -€922 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €1,739 | €733 | -€1,006 | -57.8% |
| Income taxes | 67/77 | €96 | - | -€96 | |
| Profit (loss) for the period | 9904 | €1,643 | €733 | -€910 | -55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,643 | €733 | -€910 | -55.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.