APHRODITE: 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.
APHRODITE
Largest movements
- Tangible fixed assets -€11,299
down €11,299 (-52.2%), from €21,644 to €10,345
of which Other tangible fixed assets: -€8,673
- Cash +€7,220
up €7,220 (+55.6%), from €12,990 to €20,209
mainly Depreciation (+€11,299) and Trade debts (+€4,396)
- Receivables within one year +€909
up €909 (+8.6%), from €10,592 to €11,501
of which Other amounts receivable: +€909
- Stocks and contracts -€601
down €601 (-18.2%), from €3,296 to €2,695
- Debts after one year -€16,185
down €16,185 (-60.0%), from €26,966 to €10,781
- Trade debts +€4,396
up €4,396 (+8,809%), from €50 to €4,446
- Tax, wage and social debts +€3,173
up €3,173 (+108%), from €2,935 to €6,108
of which Remuneration and social security: +€3,056
- Accrued charges and deferred income +€2,000
up €2,000 (+50.0%), from €4,000 to €6,000
- Current portion of long-term debt +€1,328
up €1,328 (+9.4%), from €14,117 to €15,445
- Depreciation -€9,482
down €9,482 (-45.6%), from €20,781 to €11,299
- Gross operating margin -€5,646
down €5,646 (-11.7%), from €48,300 to €42,654
- Staff costs +€2,072
up €2,072 (+8.9%), from €23,324 to €25,396
- Other operating charges +€1,600
up €1,600 (+420%), from €381 to €1,982
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 | €53,519 | €49,321 | -€4,197 | -7.8% |
| Fixed assets | 21/28 | €25,179 | €13,880 | -€11,299 | -44.9% |
| Tangible fixed assets | 22/27 | €21,644 | €10,345 | -€11,299 | -52.2% |
| Plant, machinery and equipment | 23 | €1,732 | €628 | -€1,104 | -63.7% |
| Furniture and vehicles | 24 | €2,680 | €1,158 | -€1,522 | -56.8% |
| Other tangible fixed assets | 26 | €17,232 | €8,559 | -€8,673 | -50.3% |
| Financial fixed assets | 28 | €3,535 | €3,535 | = | 0.0% |
| Current assets | 29/58 | €28,339 | €35,441 | +€7,102 | +25.1% |
| Stocks and contracts in progress | 3 | €3,296 | €2,695 | -€601 | -18.2% |
| Stocks | 30/36 | €3,296 | €2,695 | -€601 | -18.2% |
| Amounts receivable within one year | 40/41 | €10,592 | €11,501 | +€909 | +8.6% |
| Trade receivables | 40 | €198 | €198 | = | 0.0% |
| Other amounts receivable | 41 | €10,394 | €11,303 | +€909 | +8.7% |
| Current investments | 50/53 | €50 | €50 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,990 | €20,209 | +€7,220 | +55.6% |
| Deferred charges and accrued income | 490/1 | €1,411 | €986 | -€425 | -30.1% |
| Total equity and liabilities | 10/49 | €53,519 | €49,321 | -€4,197 | -7.8% |
| Equity | 10/15 | €5,450 | €6,540 | +€1,090 | +20.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €12,533 | €12,533 | = | 0.0% |
| Distributable reserves | 133 | €12,533 | €12,533 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,632 | -€24,542 | +€1,090 | +4.3% |
| Amounts payable | 17/49 | €48,068 | €42,781 | -€5,287 | -11.0% |
| Amounts payable after more than one year | 17 | €26,966 | €10,781 | -€16,185 | -60.0% |
| Financial debts | 170/4 | €26,966 | €10,781 | -€16,185 | -60.0% |
| Amounts payable within one year | 42/48 | €17,102 | €26,000 | +€8,898 | +52.0% |
| Current portion of amounts payable after more than one year | 42 | €14,117 | €15,445 | +€1,328 | +9.4% |
| Trade debts | 44 | €50 | €4,446 | +€4,396 | +8,809% |
| Suppliers | 440/4 | €50 | €4,446 | +€4,396 | +8,809% |
| Taxes, remuneration and social security | 45 | €2,935 | €6,108 | +€3,173 | +108% |
| Taxes | 450/3 | €2,935 | €3,052 | +€117 | +4.0% |
| Remuneration and social security | 454/9 | €0 | €3,056 | +€3,056 | |
| Accrued charges and deferred income | 492/3 | €4,000 | €6,000 | +€2,000 | +50.0% |
| Non-recurring operating income | 76A | - | €7,118 | +€7,118 | |
| Remuneration, social security and pensions | 62 | €23,324 | €25,396 | +€2,072 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,781 | €11,299 | -€9,482 | -45.6% |
| Other operating charges | 640/8 | €381 | €1,982 | +€1,600 | +420% |
| Gross operating margin | 9900 | €48,300 | €42,654 | -€5,646 | -11.7% |
| Operating profit (loss) | 9901 | €3,814 | €3,978 | +€164 | +4.3% |
| Financial income | 75/76B | €0 | €3 | +€3 | +1,653% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +1,653% |
| Financial charges | 65/66B | €2,918 | €2,864 | -€54 | -1.8% |
| Recurring financial charges | 65 | €2,918 | €2,864 | -€54 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €896 | €1,116 | +€220 | +24.6% |
| Income taxes | 67/77 | €74 | €26 | -€48 | -64.6% |
| Profit (loss) for the period | 9904 | €822 | €1,090 | +€268 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €822 | €1,090 | +€268 | +32.6% |
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.