AoCube: 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.
What changed
AoCube
NACE 68.321, Property management for co-owned buildings (syndics)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€221,793
2024 · -€112,715-€109,078
Equity
€646,527
2024 · €868,320-€221,793
Cash
€10,814
2024 · €13,882-€3,068
Balance sheet total
€13.8m
2024 · €14.3m-€452,207
Largest movements
Assets
- Current investments -€231,763
down €231,763 (-99.4%), from €233,250 to €1,487
- Tangible fixed assets -€194,584
down €194,584 (-1.5%), from €13.0m to €12.8m
Equity and liabilities
- Debts after one year -€495,126
down €495,126 (-7.8%), from €6.3m to €5.8m
- Other debts +€225,801
up €225,801 (+3.5%), from €6.5m to €6.8m
- Profit (loss) carried forward -€221,793
down €221,793 (-31.0%), from €716,157 to €494,364
Income statement
- Financial charges +€223,436
up €223,436 (+186%), from €119,950 to €343,386
- Gross operating margin +€119,546
up €119,546 (+19.5%), from €613,226 to €732,772
- Staff costs +€10,111
up €10,111 (+49.6%), from €20,388 to €30,498
- Depreciation -€7,513
down €7,513 (-1.4%), from €519,172 to €511,659
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.
Result 2024
-€112,715
Gross operating margin
+€119,546
Staff costs
-€10,111
Depreciation
+€7,513
Other operating charges
-€2,189
Financial income
-€401
Financial charges
-€223,436
Result 2025
-€221,793
raises the resultlowers the result
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.
From operations
+€568,821
Investment
-€85,313
Financing
-€486,576
Cash 2024
€13,882
From operations (derived)
+€568,821
Net result for the year
-€221,793
Depreciation
+€511,659
Receivables within one year
+€19,744
Deferred charges and accrued income
+€3,049
Trade debts
+€35,779
Tax, wage and social debts
-€5,317
Other debts
+€225,801
Accrued charges and deferred income
-€102
Investment (derived)
-€85,313
Investment in fixed assets (net)
-€317,075
Current investments
+€231,763
Financing
-€486,576
Debts after one year
-€495,126
Current portion of long-term debt
+€8,550
Cash 2025
€10,814
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,280,024 | €13,827,817 | -€452,207 | -3.2% |
| Fixed assets | 21/28 | €13,917,350 | €13,722,766 | -€194,584 | -1.4% |
| Tangible fixed assets | 22/27 | €13,010,170 | €12,815,586 | -€194,584 | -1.5% |
| Land and buildings | 22 | €13,010,170 | €12,815,586 | -€194,584 | -1.5% |
| Financial fixed assets | 28 | €907,180 | €907,180 | = | 0.0% |
| Current assets | 29/58 | €362,674 | €105,051 | -€257,623 | -71.0% |
| Amounts receivable within one year | 40/41 | €111,721 | €91,977 | -€19,744 | -17.7% |
| Trade receivables | 40 | €13,049 | €33,939 | +€20,889 | +160% |
| Other amounts receivable | 41 | €98,672 | €58,039 | -€40,633 | -41.2% |
| Current investments | 50/53 | €233,250 | €1,487 | -€231,763 | -99.4% |
| Cash at bank and in hand | 54/58 | €13,882 | €10,814 | -€3,068 | -22.1% |
| Deferred charges and accrued income | 490/1 | €3,822 | €773 | -€3,049 | -79.8% |
| Total equity and liabilities | 10/49 | €14,280,024 | €13,827,817 | -€452,207 | -3.2% |
| Equity | 10/15 | €868,320 | €646,527 | -€221,793 | -25.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €2,163 | €2,163 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,512 | €1,512 | = | 0.0% |
| Distributable reserves | 133 | €651 | €651 | = | 0.0% |
| Profit (loss) carried forward | 14 | €716,157 | €494,364 | -€221,793 | -31.0% |
| Amounts payable | 17/49 | €13,411,704 | €13,181,290 | -€230,414 | -1.7% |
| Amounts payable after more than one year | 17 | €6,335,595 | €5,840,469 | -€495,126 | -7.8% |
| Financial debts | 170/4 | €6,335,595 | €5,840,469 | -€495,126 | -7.8% |
| Amounts payable within one year | 42/48 | €7,075,331 | €7,340,145 | +€264,814 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €486,576 | €495,126 | +€8,550 | +1.8% |
| Trade debts | 44 | €48,969 | €84,748 | +€35,779 | +73.1% |
| Suppliers | 440/4 | €48,969 | €84,748 | +€35,779 | +73.1% |
| Taxes, remuneration and social security | 45 | €14,902 | €9,586 | -€5,317 | -35.7% |
| Taxes | 450/3 | €13,601 | €7,594 | -€6,008 | -44.2% |
| Remuneration and social security | 454/9 | €1,301 | €1,992 | +€691 | +53.1% |
| Other amounts payable | 47/48 | €6,524,884 | €6,750,685 | +€225,801 | +3.5% |
| Accrued charges and deferred income | 492/3 | €778 | €676 | -€102 | -13.1% |
| Remuneration, social security and pensions | 62 | €20,388 | €30,498 | +€10,111 | +49.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €519,172 | €511,659 | -€7,513 | -1.4% |
| Other operating charges | 640/8 | €66,831 | €69,021 | +€2,189 | +3.3% |
| Gross operating margin | 9900 | €613,226 | €732,772 | +€119,546 | +19.5% |
| Operating profit (loss) | 9901 | €6,835 | €121,593 | +€114,759 | +1,679% |
| Financial income | 75/76B | €401 | - | -€401 | |
| Recurring financial income | 75 | €401 | - | -€401 | |
| Financial charges | 65/66B | €119,950 | €343,386 | +€223,436 | +186% |
| Recurring financial charges | 65 | €119,950 | €343,386 | +€223,436 | +186% |
| Profit (loss) for the period before taxes | 9903 | -€112,715 | -€221,793 | -€109,078 | -96.8% |
| Profit (loss) for the period | 9904 | -€112,715 | -€221,793 | -€109,078 | -96.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€112,715 | -€221,793 | -€109,078 | -96.8% |
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 20 October 2026 via checked.be.