AJOTS: 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.
AJOTS
Largest movements
- Tangible fixed assets +€212,745
up €212,745 (+3,042%), from €6,993 to €219,738
of which Land and buildings: +€209,782
- Cash -€35,708
down €35,708 (-23.0%), from €154,951 to €119,243
mainly Investment in fixed assets (net) (-€222,170) and Receivables within one year (-€11,360)
- Receivables within one year +€11,360
up €11,360 (+27.1%), from €41,915 to €53,276
of which Trade receivables: +€11,468
- Debts after one year +€165,463
new in 2025: €165,463
- Tax, wage and social debts +€17,386
up €17,386 (+15.9%), from €109,252 to €126,638
of which Remuneration and social security: +€19,104
- Current portion of long-term debt +€7,610
up €7,610 (+313%), from €2,430 to €10,040
- Other debts -€4,447
down €4,447 (-84.2%), from €5,281 to €833
- Staff costs +€115,150
up €115,150 (+12.9%), from €891,338 to €1.0m
- Gross operating margin +€114,120
up €114,120 (+12.5%), from €912,117 to €1.0m
- Turnover +€95,317
up €95,317 (+9.2%), from €1.0m to €1.1m
- Purchases and services -€18,803
down €18,803 (-15.3%), from €123,164 to €104,361
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 | €203,957 | €392,256 | +€188,300 | +92.3% |
| Fixed assets | 21/28 | €6,993 | €219,738 | +€212,745 | +3,042% |
| Tangible fixed assets | 22/27 | €6,993 | €219,738 | +€212,745 | +3,042% |
| Land and buildings | 22 | - | €209,782 | +€209,782 | |
| Plant, machinery and equipment | 23 | €6,993 | €9,956 | +€2,963 | +42.4% |
| Current assets | 29/58 | €196,964 | €172,519 | -€24,445 | -12.4% |
| Amounts receivable within one year | 40/41 | €41,915 | €53,276 | +€11,360 | +27.1% |
| Trade receivables | 40 | €38,816 | €50,284 | +€11,468 | +29.5% |
| Other amounts receivable | 41 | €3,100 | €2,992 | -€108 | -3.5% |
| Cash at bank and in hand | 54/58 | €154,951 | €119,243 | -€35,708 | -23.0% |
| Deferred charges and accrued income | 490/1 | €97 | - | -€97 | |
| Total equity and liabilities | 10/49 | €203,957 | €392,256 | +€188,300 | +92.3% |
| Equity | 10/15 | €39,661 | €40,086 | +€425 | +1.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,661 | €18,086 | +€425 | +2.4% |
| Amounts payable | 17/49 | €164,295 | €352,170 | +€187,875 | +114% |
| Amounts payable after more than one year | 17 | - | €165,463 | +€165,463 | |
| Financial debts | 170/4 | - | €165,463 | +€165,463 | |
| Amounts payable within one year | 42/48 | €164,295 | €186,152 | +€21,856 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €2,430 | €10,040 | +€7,610 | +313% |
| Financial debts | 43 | €47,332 | €47,089 | -€243 | -0.5% |
| Other loans | 439 | €47,332 | €47,089 | -€243 | -0.5% |
| Trade debts | 44 | - | €1,551 | +€1,551 | |
| Suppliers | 440/4 | - | €1,551 | +€1,551 | |
| Taxes, remuneration and social security | 45 | €109,252 | €126,638 | +€17,386 | +15.9% |
| Taxes | 450/3 | €6,491 | €4,772 | -€1,719 | -26.5% |
| Remuneration and social security | 454/9 | €102,761 | €121,866 | +€19,104 | +18.6% |
| Other amounts payable | 47/48 | €5,281 | €833 | -€4,447 | -84.2% |
| Accrued charges and deferred income | 492/3 | - | €556 | +€556 | |
| Turnover | 70 | €1,035,280 | €1,130,597 | +€95,317 | +9.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €123,164 | €104,361 | -€18,803 | -15.3% |
| Remuneration, social security and pensions | 62 | €891,338 | €1,006,488 | +€115,150 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,938 | €9,426 | -€2,512 | -21.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €582 | +€582 | |
| Other operating charges | 640/8 | €1,024 | €1,285 | +€261 | +25.5% |
| Gross operating margin | 9900 | €912,117 | €1,026,237 | +€114,120 | +12.5% |
| Operating profit (loss) | 9901 | €7,817 | €8,456 | +€639 | +8.2% |
| Financial income | 75/76B | €966 | €8 | -€958 | -99.2% |
| Recurring financial income | 75 | €966 | €8 | -€958 | -99.2% |
| Financial charges | 65/66B | €2,613 | €6,882 | +€4,268 | +163% |
| Recurring financial charges | 65 | €2,613 | €6,882 | +€4,268 | +163% |
| Profit (loss) for the period before taxes | 9903 | €6,169 | €1,582 | -€4,587 | -74.4% |
| Income taxes | 67/77 | €1,482 | €1,158 | -€325 | -21.9% |
| Profit (loss) for the period | 9904 | €4,687 | €425 | -€4,262 | -90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,687 | €425 | -€4,262 | -90.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.