AOC MANAGEMENT: 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.
AOC MANAGEMENT
Largest movements
- Receivables within one year +€65,417
up €65,417 (+115%), from €56,714 to €122,131
of which Other amounts receivable: +€65,877
- Tangible fixed assets -€47,023
down €47,023 (-5.0%), from €946,033 to €899,010
- Cash -€44,514
down €44,514 (-65.5%), from €67,993 to €23,480
mainly Debts after one year (-€67,416) and Receivables within one year (-€65,417)
- Debts after one year -€67,416
down €67,416 (-55.4%), from €121,643 to €54,226
- Profit (loss) carried forward -€50,000
down €50,000 (-38.2%), from €130,744 to €80,744
- Other debts +€49,789
up €49,789 (+5,258%), from €947 to €50,736
- Reserves +€32,217
up €32,217 (+27.5%), from €117,259 to €149,475
of which Distributable reserves: +€34,471
- Gross operating margin +€11,134
up €11,134 (+11.7%), from €95,031 to €106,164
- Taxes +€5,355
up €5,355 (+39.7%), from €13,492 to €18,847
- Other operating charges -€3,182
down €3,182 (-27.9%), from €11,406 to €8,224
- Depreciation +€2,917
up €2,917 (+6.6%), from €44,407 to €47,324
- Financial income +€1,803
up €1,803 (+70.3%), from €2,565 to €4,368
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 | €1,074,367 | €1,045,681 | -€28,686 | -2.7% |
| Fixed assets | 21/28 | €946,334 | €899,010 | -€47,324 | -5.0% |
| Intangible fixed assets | 21 | €301 | - | -€301 | |
| Tangible fixed assets | 22/27 | €946,033 | €899,010 | -€47,023 | -5.0% |
| Land and buildings | 22 | €772,261 | €756,809 | -€15,452 | -2.0% |
| Plant, machinery and equipment | 23 | €163 | €61 | -€103 | -62.9% |
| Furniture and vehicles | 24 | €73,498 | €54,960 | -€18,538 | -25.2% |
| Other tangible fixed assets | 26 | €100,111 | €87,181 | -€12,930 | -12.9% |
| Current assets | 29/58 | €128,033 | €146,671 | +€18,638 | +14.6% |
| Amounts receivable within one year | 40/41 | €56,714 | €122,131 | +€65,417 | +115% |
| Trade receivables | 40 | €7,918 | €7,459 | -€460 | -5.8% |
| Other amounts receivable | 41 | €48,795 | €114,672 | +€65,877 | +135% |
| Cash at bank and in hand | 54/58 | €67,993 | €23,480 | -€44,514 | -65.5% |
| Deferred charges and accrued income | 490/1 | €3,326 | €1,060 | -€2,266 | -68.1% |
| Total equity and liabilities | 10/49 | €1,074,367 | €1,045,681 | -€28,686 | -2.7% |
| Equity | 10/15 | €852,002 | €834,219 | -€17,783 | -2.1% |
| Contributions | 10/11 | €604,000 | €604,000 | = | 0.0% |
| Reserves | 13 | €117,259 | €149,475 | +€32,217 | +27.5% |
| Tax-exempt reserves | 132 | €47,955 | €45,700 | -€2,254 | -4.7% |
| Distributable reserves | 133 | €69,304 | €103,775 | +€34,471 | +49.7% |
| Profit (loss) carried forward | 14 | €130,744 | €80,744 | -€50,000 | -38.2% |
| Provisions and deferred taxes | 16 | €15,039 | €13,878 | -€1,160 | -7.7% |
| Deferred taxes | 168 | €15,039 | €13,878 | -€1,160 | -7.7% |
| Amounts payable | 17/49 | €207,326 | €197,583 | -€9,742 | -4.7% |
| Amounts payable after more than one year | 17 | €121,643 | €54,226 | -€67,416 | -55.4% |
| Financial debts | 170/4 | €121,643 | €54,226 | -€67,416 | -55.4% |
| Amounts payable within one year | 42/48 | €85,383 | €142,107 | +€56,724 | +66.4% |
| Current portion of amounts payable after more than one year | 42 | €66,016 | €67,416 | +€1,400 | +2.1% |
| Trade debts | 44 | €1,977 | €818 | -€1,160 | -58.6% |
| Suppliers | 440/4 | €1,977 | €818 | -€1,160 | -58.6% |
| Taxes, remuneration and social security | 45 | €16,443 | €23,137 | +€6,695 | +40.7% |
| Taxes | 450/3 | €16,443 | €23,137 | +€6,695 | +40.7% |
| Other amounts payable | 47/48 | €947 | €50,736 | +€49,789 | +5,258% |
| Accrued charges and deferred income | 492/3 | €300 | €1,250 | +€950 | +317% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,407 | €47,324 | +€2,917 | +6.6% |
| Other operating charges | 640/8 | €11,406 | €8,224 | -€3,182 | -27.9% |
| Gross operating margin | 9900 | €95,031 | €106,164 | +€11,134 | +11.7% |
| Operating profit (loss) | 9901 | €39,218 | €50,617 | +€11,399 | +29.1% |
| Financial income | 75/76B | €2,565 | €4,368 | +€1,803 | +70.3% |
| Recurring financial income | 75 | €2,565 | €4,368 | +€1,803 | +70.3% |
| Financial charges | 65/66B | €4,817 | €5,081 | +€263 | +5.5% |
| Recurring financial charges | 65 | €4,817 | €5,081 | +€263 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €36,965 | €49,904 | +€12,938 | +35.0% |
| Transfer from deferred taxes | 780 | €1,160 | €1,160 | = | 0.0% |
| Income taxes | 67/77 | €13,492 | €18,847 | +€5,355 | +39.7% |
| Profit (loss) for the period | 9904 | €24,634 | €32,217 | +€7,583 | +30.8% |
| Transfer from tax-exempt reserves | 789 | €2,254 | €2,254 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,888 | €34,471 | +€7,583 | +28.2% |
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 17 October 2026 via checked.be.