AJM RENOV: 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.
AJM RENOV
Largest movements
- Cash +€6,125
up €6,125 (+94,224%), from €7 to €6,131
mainly Net result for the year (+€5,336) and Trade debts (+€4,534)
- Tangible fixed assets +€3,398
up €3,398 (+272%), from €1,247 to €4,645
of which Furniture and vehicles: +€3,964
- Receivables within one year +€3,031
up €3,031 (+111%), from €2,724 to €5,755
of which Trade receivables: +€3,400
- Profit (loss) carried forward +€5,336
up €5,336, from -€3,821 to €1,515
- Trade debts +€4,534
up €4,534 (+241%), from €1,880 to €6,413
- Other debts +€1,629
new in 2025: €1,629
- Tax, wage and social debts +€1,054
up €1,054 (+115%), from €919 to €1,973
of which Taxes: +€1,074
- Gross operating margin +€8,549
up €8,549 (+1,616%), from €529 to €9,077
- Taxes +€1,405
new in 2025: €1,405
- Other operating charges -€561
down €561 (-58.6%), from €957 to €396
- Staff costs +€558
up €558 (+87.0%), from €642 to €1,200
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 | €3,978 | €16,531 | +€12,553 | +316% |
| Fixed assets | 21/28 | €1,247 | €4,645 | +€3,398 | +272% |
| Tangible fixed assets | 22/27 | €1,247 | €4,645 | +€3,398 | +272% |
| Plant, machinery and equipment | 23 | €1,132 | €565 | -€567 | -50.1% |
| Furniture and vehicles | 24 | €115 | €4,079 | +€3,964 | +3,445% |
| Current assets | 29/58 | €2,731 | €11,886 | +€9,155 | +335% |
| Amounts receivable within one year | 40/41 | €2,724 | €5,755 | +€3,031 | +111% |
| Trade receivables | 40 | €800 | €4,200 | +€3,400 | +425% |
| Other amounts receivable | 41 | €1,924 | €1,555 | -€369 | -19.2% |
| Cash at bank and in hand | 54/58 | €7 | €6,131 | +€6,125 | +94,224% |
| Total equity and liabilities | 10/49 | €3,978 | €16,531 | +€12,553 | +316% |
| Equity | 10/15 | €1,179 | €6,515 | +€5,336 | +453% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,821 | €1,515 | +€5,336 | |
| Amounts payable | 17/49 | €2,799 | €10,015 | +€7,217 | +258% |
| Amounts payable within one year | 42/48 | €2,799 | €10,015 | +€7,217 | +258% |
| Trade debts | 44 | €1,880 | €6,413 | +€4,534 | +241% |
| Suppliers | 440/4 | €1,880 | €6,413 | +€4,534 | +241% |
| Taxes, remuneration and social security | 45 | €919 | €1,973 | +€1,054 | +115% |
| Taxes | 450/3 | €331 | €1,405 | +€1,074 | +324% |
| Remuneration and social security | 454/9 | €587 | €568 | -€20 | -3.3% |
| Other amounts payable | 47/48 | - | €1,629 | +€1,629 | |
| Remuneration, social security and pensions | 62 | €642 | €1,200 | +€558 | +87.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €692 | €619 | -€72 | -10.4% |
| Other operating charges | 640/8 | €957 | €396 | -€561 | -58.6% |
| Gross operating margin | 9900 | €529 | €9,077 | +€8,549 | +1,616% |
| Operating profit (loss) | 9901 | -€1,761 | €6,863 | +€8,624 | |
| Financial income | 75/76B | €51 | - | -€51 | |
| Recurring financial income | 75 | €51 | - | -€51 | |
| Financial charges | 65/66B | €95 | €121 | +€26 | +27.4% |
| Recurring financial charges | 65 | €95 | €121 | +€26 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,805 | €6,742 | +€8,546 | |
| Income taxes | 67/77 | - | €1,405 | +€1,405 | |
| Profit (loss) for the period | 9904 | -€1,805 | €5,336 | +€7,141 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,805 | €5,336 | +€7,141 |
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 25 October 2026 via checked.be.