AQSA: what changed
Two fiscal 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.
AQSA
Largest movements
- Tangible fixed assets +€17,664
up €17,664 (+8.4%), from €210,423 to €228,086
of which Furniture and vehicles: +€24,641
- Deferred charges and accrued income +€12,851
up €12,851 (+6491.3%), from €198 to €13,049
- Profit (loss) carried forward +€13,032
up €13,032 (+18.3%), from €71,203 to €84,235
- Debts after one year +€11,134
up €11,134 (+46.1%), from €24,171 to €35,305
- Current portion of long-term debt +€6,049
up €6,049 (+42.9%), from €14,088 to €20,136
- Tax, wage and social debts +€3,083
up €3,083 (+21.4%), from €14,403 to €17,486
of which Remuneration and social security: +€3,489
- Other debts -€2,743
down €2,743 (-16.6%), from €16,533 to €13,789
- Gross operating margin +€7,879
up €7,879 (+29.4%), from €26,836 to €34,715
- Other operating charges +€4,757
up €4,757 (+363.7%), from €1,308 to €6,065
- Depreciation +€2,553
up €2,553 (+29.7%), from €8,594 to €11,147
- Taxes -€1,712
down €1,712 (-47.8%), from €3,582 to €1,870
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €211,726 | €242,157 | +€30,431 | +14.4% |
| Fixed assets | 21/28 | €210,528 | €228,191 | +€17,664 | +8.4% |
| Tangible fixed assets | 22/27 | €210,423 | €228,086 | +€17,664 | +8.4% |
| Land and buildings | 22 | €197,534 | €190,556 | -€6,977 | -3.5% |
| Furniture and vehicles | 24 | €12,889 | €37,530 | +€24,641 | +191.2% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €1,198 | €13,965 | +€12,767 | +1065.6% |
| Cash at bank and in hand | 54/58 | €1,000 | €916 | -€84 | -8.4% |
| Deferred charges and accrued income | 490/1 | €198 | €13,049 | +€12,851 | +6491.3% |
| Total equity and liabilities | 10/49 | €211,726 | €242,157 | +€30,431 | +14.4% |
| Equity | 10/15 | €140,271 | €153,303 | +€13,032 | +9.3% |
| Contributions | 10/11 | €62,789 | €62,789 | = | 0.0% |
| Capital | 10 | €62,789 | €62,789 | = | 0.0% |
| Issued capital | 100 | €62,789 | €62,789 | = | 0.0% |
| Reserves | 13 | €6,279 | €6,279 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,279 | €6,279 | = | 0.0% |
| Legal reserve | 130 | €6,279 | €6,279 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,203 | €84,235 | +€13,032 | +18.3% |
| Amounts payable | 17/49 | €71,455 | €88,854 | +€17,399 | +24.3% |
| Amounts payable after more than one year | 17 | €24,171 | €35,305 | +€11,134 | +46.1% |
| Financial debts | 170/4 | €24,171 | €35,305 | +€11,134 | +46.1% |
| Amounts payable within one year | 42/48 | €47,284 | €53,548 | +€6,265 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €14,088 | €20,136 | +€6,049 | +42.9% |
| Trade debts | 44 | €2,260 | €2,137 | -€123 | -5.5% |
| Suppliers | 440/4 | €2,260 | €2,137 | -€123 | -5.5% |
| Taxes, remuneration and social security | 45 | €14,403 | €17,486 | +€3,083 | +21.4% |
| Taxes | 450/3 | €6,140 | €5,733 | -€407 | -6.6% |
| Remuneration and social security | 454/9 | €8,263 | €11,753 | +€3,489 | +42.2% |
| Other amounts payable | 47/48 | €16,533 | €13,789 | -€2,743 | -16.6% |
| Non-recurring operating income | 76A | - | €14,011 | +€14,011 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,594 | €11,147 | +€2,553 | +29.7% |
| Other operating charges | 640/8 | €1,308 | €6,065 | +€4,757 | +363.7% |
| Gross operating margin | 9900 | €26,836 | €34,715 | +€7,879 | +29.4% |
| Operating profit (loss) | 9901 | €16,934 | €17,503 | +€569 | +3.4% |
| Financial charges | 65/66B | €2,606 | €2,601 | -€5 | -0.2% |
| Recurring financial charges | 65 | €2,606 | €2,601 | -€5 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €14,328 | €14,902 | +€574 | +4.0% |
| Income taxes | 67/77 | €3,582 | €1,870 | -€1,712 | -47.8% |
| Profit (loss) for the period | 9904 | €10,746 | €13,032 | +€2,286 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,746 | €13,032 | +€2,286 | +21.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.