Aphaeron: 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.
Aphaeron
Largest movements
- Receivables within one year -€26,383
down €26,383 (-98.0%), from €26,910 to €528
- Cash +€5,326
up €5,326 (+8.3%), from €64,517 to €69,843
mainly Receivables within one year (+€26,383) and Trade debts (+€1,343)
- Tangible fixed assets -€1,167
down €1,167 (-37.9%), from €3,082 to €1,915
- Tax, wage and social debts -€21,936
down €21,936 (-79.1%), from €27,721 to €5,785
of which Taxes: -€22,286
- Trade debts +€1,343
up €1,343 (+130.3%), from €1,030 to €2,373
- Gross operating margin -€74,900
down €74,900 (-98.7%), from €75,873 to €973
- Taxes -€14,666
down €14,666 (-97.0%), from €15,120 to €454
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 | €94,938 | €73,662 | -€21,276 | -22.4% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €3,082 | €1,915 | -€1,167 | -37.9% |
| Tangible fixed assets | 22/27 | €3,082 | €1,915 | -€1,167 | -37.9% |
| Furniture and vehicles | 24 | €3,082 | €1,915 | -€1,167 | -37.9% |
| Current assets | 29/58 | €91,856 | €71,747 | -€20,109 | -21.9% |
| Amounts receivable within one year | 40/41 | €26,910 | €528 | -€26,383 | -98.0% |
| Trade receivables | 40 | €26,910 | €528 | -€26,383 | -98.0% |
| Cash at bank and in hand | 54/58 | €64,517 | €69,843 | +€5,326 | +8.3% |
| Deferred charges and accrued income | 490/1 | €429 | €1,376 | +€947 | +221.0% |
| Total equity and liabilities | 10/49 | €94,938 | €73,662 | -€21,276 | -22.4% |
| Equity | 10/15 | €61,196 | €60,496 | -€699 | -1.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €58,196 | €58,196 | = | 0.0% |
| Distributable reserves | 133 | €58,196 | €58,196 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€699 | -€699 | |
| Amounts payable | 17/49 | €33,743 | €13,166 | -€20,577 | -61.0% |
| Amounts payable within one year | 42/48 | €33,743 | €13,166 | -€20,577 | -61.0% |
| Trade debts | 44 | €1,030 | €2,373 | +€1,343 | +130.3% |
| Suppliers | 440/4 | €1,030 | €2,373 | +€1,343 | +130.3% |
| Taxes, remuneration and social security | 45 | €27,721 | €5,785 | -€21,936 | -79.1% |
| Taxes | 450/3 | €25,721 | €3,435 | -€22,286 | -86.6% |
| Remuneration and social security | 454/9 | €2,000 | €2,350 | +€350 | +17.5% |
| Other amounts payable | 47/48 | €4,992 | €5,007 | +€16 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,493 | €1,167 | -€326 | -21.8% |
| Other operating charges | 640/8 | €141 | €266 | +€125 | +89.0% |
| Gross operating margin | 9900 | €75,873 | €973 | -€74,900 | -98.7% |
| Operating profit (loss) | 9901 | €74,239 | -€460 | -€74,699 | |
| Financial income | 75/76B | €12 | €305 | +€292 | +2409.2% |
| Recurring financial income | 75 | €12 | €305 | +€292 | +2409.2% |
| Financial charges | 65/66B | €77 | €90 | +€13 | +16.6% |
| Recurring financial charges | 65 | €77 | €90 | +€13 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €74,175 | -€245 | -€74,419 | |
| Income taxes | 67/77 | €15,120 | €454 | -€14,666 | -97.0% |
| Profit (loss) for the period | 9904 | €59,055 | -€699 | -€59,754 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,055 | -€699 | -€59,754 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.