AJSB: 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.
AJSB
Largest movements
- Tangible fixed assets -€67,444
down €67,444 (-15.7%), from €429,043 to €361,599
of which Plant, machinery and equipment: -€38,444
- Debts after one year -€82,911
down €82,911 (-17.7%), from €469,688 to €386,777
- Current portion of long-term debt +€10,976
up €10,976 (+17.2%), from €63,875 to €74,851
- Financial charges -€5,075
down €5,075 (-21.5%), from €23,618 to €18,543
- Purchases and services -€5,009
down €5,009 (-91.9%), from €5,452 to €443
- Other operating charges -€2,721
down €2,721 (-93.0%), from €2,924 to €204
- Gross operating margin +€2,713
up €2,713 (+3.1%), from €88,172 to €90,885
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 | €495,707 | €430,167 | -€65,540 | -13.2% |
| Fixed assets | 21/28 | €429,043 | €361,599 | -€67,444 | -15.7% |
| Tangible fixed assets | 22/27 | €429,043 | €361,599 | -€67,444 | -15.7% |
| Land and buildings | 22 | €174,000 | €145,000 | -€29,000 | -16.7% |
| Plant, machinery and equipment | 23 | €255,043 | €216,599 | -€38,444 | -15.1% |
| Current assets | 29/58 | €66,664 | €68,568 | +€1,904 | +2.9% |
| Amounts receivable within one year | 40/41 | €60,960 | €62,390 | +€1,430 | +2.3% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €60,960 | €62,390 | +€1,430 | +2.3% |
| Cash at bank and in hand | 54/58 | €5,705 | €6,178 | +€473 | +8.3% |
| Total equity and liabilities | 10/49 | €495,707 | €430,167 | -€65,540 | -13.2% |
| Equity | 10/15 | -€47,601 | -€41,736 | +€5,865 | +12.3% |
| Contributions | 10/11 | €4,675 | €6,200 | +€1,525 | +32.6% |
| Capital | 10 | €4,675 | €6,200 | +€1,525 | +32.6% |
| Issued capital | 100 | €17,075 | €18,600 | +€1,525 | +8.9% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,276 | -€47,936 | +€4,340 | +8.3% |
| Amounts payable | 17/49 | €543,308 | €471,903 | -€71,406 | -13.1% |
| Amounts payable after more than one year | 17 | €469,688 | €386,777 | -€82,911 | -17.7% |
| Financial debts | 170/4 | €469,688 | €386,777 | -€82,911 | -17.7% |
| Amounts payable within one year | 42/48 | €73,620 | €85,125 | +€11,505 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €63,875 | €74,851 | +€10,976 | +17.2% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Advances received on contracts in progress | 46 | - | €2,900 | +€2,900 | |
| Taxes, remuneration and social security | 45 | €2,371 | €0 | -€2,371 | -100.0% |
| Taxes | 450/3 | €2,371 | €0 | -€2,371 | -100.0% |
| Other amounts payable | 47/48 | €7,374 | €7,374 | = | 0.0% |
| Turnover | 70 | €88,338 | €88,027 | -€310 | -0.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,452 | €443 | -€5,009 | -91.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,089 | €67,798 | +€710 | +1.1% |
| Other operating charges | 640/8 | €2,924 | €204 | -€2,721 | -93.0% |
| Gross operating margin | 9900 | €88,172 | €90,885 | +€2,713 | +3.1% |
| Operating profit (loss) | 9901 | €18,159 | €22,883 | +€4,724 | +26.0% |
| Financial charges | 65/66B | €23,618 | €18,543 | -€5,075 | -21.5% |
| Recurring financial charges | 65 | €23,618 | €18,543 | -€5,075 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,459 | €4,340 | +€9,799 | |
| Income taxes | 67/77 | €97 | - | -€97 | |
| Profit (loss) for the period | 9904 | -€5,556 | €4,340 | +€9,896 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,556 | €4,340 | +€9,896 |
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 11 October 2026 via checked.be.