AJOO: 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.
AJOO
Largest movements
- Deferred charges and accrued income -€103,118
down €103,118 (-90.8%), from €113,518 to €10,400
- Tangible fixed assets +€60,093
up €60,093 (+34.5%), from €174,313 to €234,405
of which Land and buildings: +€35,120
- Cash -€8,355
down €8,355 (-81.7%), from €10,226 to €1,871
mainly Investment in fixed assets (net) (-€77,444) and Other debts (-€48,480)
- Stocks and contracts +€3,731
up €3,731 (+22.4%), from €16,669 to €20,400
- Other debts -€48,480
down €48,480 (-51.2%), from €94,648 to €46,168
- Profit (loss) carried forward +€6,430
up €6,430, from -€1,848 to €4,582
- Trade debts -€3,760
down €3,760 (-67.4%), from €5,581 to €1,821
- Gross operating margin -€31,333
down €31,333 (-49.0%), from €64,002 to €32,668
- Depreciation +€7,896
up €7,896 (+83.5%), from €9,456 to €17,351
- Financial charges +€1,490
up €1,490 (+26.3%), from €5,671 to €7,161
- Taxes +€1,123
new in 2025: €1,123
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.
Cash bridge derived
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 | €320,061 | €274,695 | -€45,366 | -14.2% |
| Fixed assets | 21/28 | €174,313 | €234,405 | +€60,093 | +34.5% |
| Tangible fixed assets | 22/27 | €174,313 | €234,405 | +€60,093 | +34.5% |
| Land and buildings | 22 | €117,311 | €152,432 | +€35,120 | +29.9% |
| Plant, machinery and equipment | 23 | €20,023 | €48,688 | +€28,666 | +143.2% |
| Furniture and vehicles | 24 | €36,979 | €33,286 | -€3,693 | -10.0% |
| Current assets | 29/58 | €145,748 | €40,290 | -€105,458 | -72.4% |
| Stocks and contracts in progress | 3 | €16,669 | €20,400 | +€3,731 | +22.4% |
| Stocks | 30/36 | €16,669 | €20,400 | +€3,731 | +22.4% |
| Amounts receivable within one year | 40/41 | €5,335 | €7,619 | +€2,284 | +42.8% |
| Trade receivables | 40 | €4,402 | €2,723 | -€1,680 | -38.2% |
| Other amounts receivable | 41 | €933 | €4,897 | +€3,964 | +425.1% |
| Cash at bank and in hand | 54/58 | €10,226 | €1,871 | -€8,355 | -81.7% |
| Deferred charges and accrued income | 490/1 | €113,518 | €10,400 | -€103,118 | -90.8% |
| Total equity and liabilities | 10/49 | €320,061 | €274,695 | -€45,366 | -14.2% |
| Equity | 10/15 | €118,152 | €124,582 | +€6,430 | +5.4% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,848 | €4,582 | +€6,430 | |
| Amounts payable | 17/49 | €201,909 | €150,113 | -€51,795 | -25.7% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €101,909 | €50,113 | -€51,795 | -50.8% |
| Trade debts | 44 | €5,581 | €1,821 | -€3,760 | -67.4% |
| Suppliers | 440/4 | €5,581 | €1,821 | -€3,760 | -67.4% |
| Taxes, remuneration and social security | 45 | €1,680 | €2,124 | +€444 | +26.5% |
| Taxes | 450/3 | €1,680 | €2,124 | +€444 | +26.5% |
| Other amounts payable | 47/48 | €94,648 | €46,168 | -€48,480 | -51.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,456 | €17,351 | +€7,896 | +83.5% |
| Other operating charges | 640/8 | €544 | €609 | +€65 | +12.0% |
| Gross operating margin | 9900 | €64,002 | €32,668 | -€31,333 | -49.0% |
| Operating profit (loss) | 9901 | €54,002 | €14,708 | -€39,294 | -72.8% |
| Financial income | 75/76B | €0 | €6 | +€5 | +1771.0% |
| Recurring financial income | 75 | €0 | €6 | +€5 | +1771.0% |
| Financial charges | 65/66B | €5,671 | €7,161 | +€1,490 | +26.3% |
| Recurring financial charges | 65 | €5,671 | €7,161 | +€1,490 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | €48,332 | €7,553 | -€40,779 | -84.4% |
| Income taxes | 67/77 | - | €1,123 | +€1,123 | |
| Profit (loss) for the period | 9904 | €48,332 | €6,430 | -€41,902 | -86.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,332 | €6,430 | -€41,902 | -86.7% |
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 10 October 2026 via checked.be.