AQA: 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.
AQA
Largest movements
- Cash -€10,158
down €10,158 (-8.4%), from €121,458 to €111,300
mainly Other debts (-€21,058) and Accrued charges and deferred income (-€1,247)
- Receivables within one year -€9,680
down €9,680 (-99.7%), from €9,708 to €29
of which Trade receivables: -€9,075
- Other debts -€21,058
down €21,058 (-92.7%), from €22,717 to €1,659
- Trade debts +€1,784
up €1,784 (+116.5%), from €1,532 to €3,315
- Gross operating margin -€29,245
down €29,245 (-98.5%), from €29,699 to €453
- Taxes -€9,849
down €9,849 (-100.0%), from €9,849 to €0
- Financial income -€1,511
down €1,511 (-94.1%), from €1,607 to €95
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 | €134,314 | €113,772 | -€20,542 | -15.3% |
| Fixed assets | 21/28 | €2,647 | €1,943 | -€704 | -26.6% |
| Tangible fixed assets | 22/27 | €2,647 | €1,943 | -€704 | -26.6% |
| Furniture and vehicles | 24 | €2,647 | €1,943 | -€704 | -26.6% |
| Current assets | 29/58 | €131,666 | €111,829 | -€19,838 | -15.1% |
| Amounts receivable within one year | 40/41 | €9,708 | €29 | -€9,680 | -99.7% |
| Trade receivables | 40 | €9,075 | - | -€9,075 | |
| Other amounts receivable | 41 | €633 | €29 | -€605 | -95.5% |
| Cash at bank and in hand | 54/58 | €121,458 | €111,300 | -€10,158 | -8.4% |
| Deferred charges and accrued income | 490/1 | €500 | €500 | = | 0.0% |
| Total equity and liabilities | 10/49 | €134,314 | €113,772 | -€20,542 | -15.3% |
| Equity | 10/15 | €107,967 | €107,223 | -€744 | -0.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €101,767 | €101,767 | = | 0.0% |
| Distributable reserves | 133 | €101,767 | €101,767 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€744 | -€744 | |
| Amounts payable | 17/49 | €26,347 | €6,549 | -€19,797 | -75.1% |
| Amounts payable within one year | 42/48 | €25,100 | €6,549 | -€18,550 | -73.9% |
| Trade debts | 44 | €1,532 | €3,315 | +€1,784 | +116.5% |
| Suppliers | 440/4 | €1,532 | €3,315 | +€1,784 | +116.5% |
| Taxes, remuneration and social security | 45 | €851 | €1,575 | +€724 | +85.1% |
| Taxes | 450/3 | €851 | €1,575 | +€724 | +85.1% |
| Other amounts payable | 47/48 | €22,717 | €1,659 | -€21,058 | -92.7% |
| Accrued charges and deferred income | 492/3 | €1,247 | - | -€1,247 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €704 | €704 | = | 0.0% |
| Other operating charges | 640/8 | €457 | €483 | +€26 | +5.7% |
| Gross operating margin | 9900 | €29,699 | €453 | -€29,245 | -98.5% |
| Operating profit (loss) | 9901 | €28,538 | -€734 | -€29,272 | |
| Financial income | 75/76B | €1,607 | €95 | -€1,511 | -94.1% |
| Recurring financial income | 75 | €1,607 | €95 | -€1,511 | -94.1% |
| Financial charges | 65/66B | €239 | €106 | -€133 | -55.5% |
| Recurring financial charges | 65 | €239 | €106 | -€133 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | €29,906 | -€744 | -€30,650 | |
| Income taxes | 67/77 | €9,849 | €0 | -€9,849 | -100.0% |
| Profit (loss) for the period | 9904 | €20,057 | -€744 | -€20,801 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,057 | -€744 | -€20,801 |
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 9 October 2026 via checked.be.