AJN MANAGEMENT: 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.
AJN MANAGEMENT
Largest movements
- Cash -€1,969
down €1,969 (-92.4%), from €2,131 to €163
mainly Trade debts (-€4,570) and Net result for the year (-€2,076)
- Receivables within one year -€1,278
down €1,278 (-24.1%), from €5,290 to €4,013
of which Other amounts receivable: -€1,022
- Trade debts -€4,570
down €4,570 (-50.9%), from €8,980 to €4,410
- Other debts +€3,400
up €3,400 (+11.9%), from €28,585 to €31,984
- Profit (loss) carried forward -€2,076
down €2,076 (-5.9%), from -€35,143 to -€37,219
- Gross operating margin +€10,263
up €10,263 (+87.1%), from -€11,789 to -€1,526
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 | €7,422 | €4,176 | -€3,246 | -43.7% |
| Current assets | 29/58 | €7,422 | €4,176 | -€3,246 | -43.7% |
| Amounts receivable within one year | 40/41 | €5,290 | €4,013 | -€1,278 | -24.1% |
| Trade receivables | 40 | €3,918 | €3,662 | -€256 | -6.5% |
| Other amounts receivable | 41 | €1,373 | €351 | -€1,022 | -74.4% |
| Cash at bank and in hand | 54/58 | €2,131 | €163 | -€1,969 | -92.4% |
| Total equity and liabilities | 10/49 | €7,422 | €4,176 | -€3,246 | -43.7% |
| Equity | 10/15 | -€30,143 | -€32,219 | -€2,076 | -6.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,143 | -€37,219 | -€2,076 | -5.9% |
| Amounts payable | 17/49 | €37,565 | €36,394 | -€1,171 | -3.1% |
| Amounts payable within one year | 42/48 | €37,565 | €36,394 | -€1,171 | -3.1% |
| Trade debts | 44 | €8,980 | €4,410 | -€4,570 | -50.9% |
| Suppliers | 440/4 | €8,980 | €4,410 | -€4,570 | -50.9% |
| Other amounts payable | 47/48 | €28,585 | €31,984 | +€3,400 | +11.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€11,789 | -€1,526 | +€10,263 | +87.1% |
| Operating profit (loss) | 9901 | -€12,177 | -€1,926 | +€10,251 | +84.2% |
| Financial charges | 65/66B | €85 | €150 | +€65 | +76.5% |
| Recurring financial charges | 65 | €85 | €150 | +€65 | +76.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,262 | -€2,076 | +€10,186 | +83.1% |
| Profit (loss) for the period | 9904 | -€12,262 | -€2,076 | +€10,186 | +83.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,262 | -€2,076 | +€10,186 | +83.1% |
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 17 October 2026 via checked.be.