AJS PROPERTIES: 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.
AJS PROPERTIES
Largest movements
- Receivables after one year -€101,711
no longer reported in 2024 (was €101,711)
- Receivables within one year +€84,044
up €84,044 (+3552.8%), from €2,366 to €86,409
- Cash -€23,348
no longer reported in 2024 (was €23,348)
mainly Debts after one year (-€551,779) and Net result for the year (-€105,837)
- Tangible fixed assets -€20,953
down €20,953 (-1.5%), from €1.4m to €1.4m
- Contributions +€599,998
up €599,998 (+1200.0%), from €50,000 to €649,998
- Debts after one year -€551,779
down €551,779 (-34.9%), from €1.6m to €1.0m
of which Financial debts: -€550,349
- Profit (loss) carried forward -€105,837
down €105,837 (-59.2%), from -€178,913 to -€284,750
- Write-downs -€174,035
down €174,035, from €87,017 to -€87,017
- Other operating charges +€87,299
up €87,299 (+749.8%), from €11,643 to €98,942
- Gross operating margin -€34,539
down €34,539 (-62.2%), from €55,525 to €20,986
- Financial charges -€20,681
down €20,681 (-21.9%), from €94,650 to €73,969
- Financial income -€3,540
down €3,540 (-53.1%), from €6,673 to €3,133
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,544,376 | €1,482,493 | -€61,883 | -4.0% |
| Fixed assets | 21/28 | €1,415,246 | €1,394,293 | -€20,953 | -1.5% |
| Tangible fixed assets | 22/27 | €1,415,246 | €1,394,293 | -€20,953 | -1.5% |
| Land and buildings | 22 | €1,415,246 | €1,394,293 | -€20,953 | -1.5% |
| Current assets | 29/58 | €129,130 | €88,200 | -€40,931 | -31.7% |
| Amounts receivable after more than one year | 29 | €101,711 | - | -€101,711 | |
| Other amounts receivable | 291 | €101,711 | - | -€101,711 | |
| Amounts receivable within one year | 40/41 | €2,366 | €86,409 | +€84,044 | +3552.8% |
| Other amounts receivable | 41 | €2,366 | €86,409 | +€84,044 | +3552.8% |
| Cash at bank and in hand | 54/58 | €23,348 | - | -€23,348 | |
| Deferred charges and accrued income | 490/1 | €1,706 | €1,790 | +€85 | +5.0% |
| Total equity and liabilities | 10/49 | €1,544,376 | €1,482,493 | -€61,883 | -4.0% |
| Equity | 10/15 | -€124,073 | €370,088 | +€494,161 | |
| Contributions | 10/11 | €50,000 | €649,998 | +€599,998 | +1200.0% |
| Reserves | 13 | €4,840 | €4,840 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,840 | €4,840 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,840 | €4,840 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€178,913 | -€284,750 | -€105,837 | -59.2% |
| Amounts payable | 17/49 | €1,668,449 | €1,112,405 | -€556,044 | -33.3% |
| Amounts payable after more than one year | 17 | €1,580,187 | €1,028,408 | -€551,779 | -34.9% |
| Financial debts | 170/4 | €1,574,822 | €1,024,473 | -€550,349 | -34.9% |
| Other amounts payable | 178/9 | €5,365 | €3,935 | -€1,430 | -26.7% |
| Amounts payable within one year | 42/48 | €86,661 | €78,966 | -€7,695 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €40,344 | €42,608 | +€2,264 | +5.6% |
| Trade debts | 44 | €26,098 | €15,676 | -€10,422 | -39.9% |
| Suppliers | 440/4 | €26,098 | €15,676 | -€10,422 | -39.9% |
| Other amounts payable | 47/48 | €20,219 | €20,682 | +€463 | +2.3% |
| Accrued charges and deferred income | 492/3 | €1,601 | €5,031 | +€3,429 | +214.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,091 | €44,062 | +€971 | +2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €87,017 | -€87,017 | -€174,035 | |
| Other operating charges | 640/8 | €11,643 | €98,942 | +€87,299 | +749.8% |
| Gross operating margin | 9900 | €55,525 | €20,986 | -€34,539 | -62.2% |
| Operating profit (loss) | 9901 | -€86,226 | -€35,000 | +€51,225 | +59.4% |
| Financial income | 75/76B | €6,673 | €3,133 | -€3,540 | -53.1% |
| Recurring financial income | 75 | €6,673 | €3,133 | -€3,540 | -53.1% |
| Financial charges | 65/66B | €94,650 | €73,969 | -€20,681 | -21.9% |
| Recurring financial charges | 65 | €94,650 | €73,969 | -€20,681 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | -€174,204 | -€105,837 | +€68,367 | +39.2% |
| Profit (loss) for the period | 9904 | -€174,204 | -€105,837 | +€68,367 | +39.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€174,204 | -€105,837 | +€68,367 | +39.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.