AJN Square: 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 Square
Largest movements
- Receivables after one year +€53,152
up €53,152 (+186%), from €28,630 to €81,782
- Debts after one year +€56,807
up €56,807 (+43.5%), from €130,563 to €187,370
- Profit (loss) carried forward -€2,908
down €2,908 (-13.5%), from -€21,512 to -€24,420
- Financial income +€2,033
up €2,033 (+182%), from €1,120 to €3,152
- Financial charges +€851
up €851 (+28.1%), from €3,031 to €3,882
- Gross operating margin +€500
up €500 (+18.7%), from -€2,678 to -€2,178
- Other operating charges -€387
no longer reported in 2025 (was €387)
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 | €139,552 | €193,451 | +€53,899 | +38.6% |
| Fixed assets | 21/28 | €110,000 | €110,000 | = | 0.0% |
| Financial fixed assets | 28 | €110,000 | €110,000 | = | 0.0% |
| Current assets | 29/58 | €29,552 | €83,451 | +€53,899 | +182% |
| Amounts receivable after more than one year | 29 | €28,630 | €81,782 | +€53,152 | +186% |
| Other amounts receivable | 291 | €28,630 | €81,782 | +€53,152 | +186% |
| Cash at bank and in hand | 54/58 | €922 | €1,669 | +€747 | +81.0% |
| Total equity and liabilities | 10/49 | €139,552 | €193,451 | +€53,899 | +38.6% |
| Equity | 10/15 | €8,488 | €5,580 | -€2,908 | -34.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,512 | -€24,420 | -€2,908 | -13.5% |
| Amounts payable | 17/49 | €131,063 | €187,870 | +€56,807 | +43.3% |
| Amounts payable after more than one year | 17 | €130,563 | €187,370 | +€56,807 | +43.5% |
| Financial debts | 170/4 | €130,563 | €187,370 | +€56,807 | +43.5% |
| Amounts payable within one year | 42/48 | €500 | €500 | = | 0.0% |
| Other amounts payable | 47/48 | €500 | €500 | = | 0.0% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€2,678 | -€2,178 | +€500 | +18.7% |
| Operating profit (loss) | 9901 | -€3,065 | -€2,178 | +€887 | +28.9% |
| Financial income | 75/76B | €1,120 | €3,152 | +€2,033 | +182% |
| Recurring financial income | 75 | €1,120 | €3,152 | +€2,033 | +182% |
| Financial charges | 65/66B | €3,031 | €3,882 | +€851 | +28.1% |
| Recurring financial charges | 65 | €3,031 | €3,882 | +€851 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,977 | -€2,908 | +€2,069 | +41.6% |
| Profit (loss) for the period | 9904 | -€4,977 | -€2,908 | +€2,069 | +41.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,977 | -€2,908 | +€2,069 | +41.6% |
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 20 October 2026 via checked.be.