AQSA-JO: 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.
AQSA-JO
Largest movements
- Cash +€4,751
up €4,751 (+231%), from €2,059 to €6,810
mainly Other debts (+€5,033) and Tax, wage and social debts (+€1,258)
- Intangible fixed assets -€400
down €400 (-22.3%), from €1,796 to €1,396
- Other debts +€5,033
up €5,033 (+90.1%), from €5,582 to €10,615
- Profit (loss) carried forward -€1,581
down €1,581 (-41.7%), from -€3,796 to -€5,376
- Tax, wage and social debts +€1,258
up €1,258 (+89.5%), from €1,406 to €2,664
of which Remuneration and social security: +€900
- Trade debts -€261
down €261 (-36.7%), from €710 to €449
- Gross operating margin +€2,703
up €2,703 (+75.8%), from -€3,566 to -€863
- Other operating charges +€224
new in 2025: €224
- Depreciation +€196
up €196 (+95.7%), from €204 to €400
- Financial charges +€69
up €69 (+278%), from €25 to €94
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 | €5,403 | €9,852 | +€4,449 | +82.3% |
| Fixed assets | 21/28 | €3,296 | €2,896 | -€400 | -12.1% |
| Intangible fixed assets | 21 | €1,796 | €1,396 | -€400 | -22.3% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €2,107 | €6,956 | +€4,849 | +230% |
| Amounts receivable within one year | 40/41 | €48 | €100 | +€52 | +107% |
| Other amounts receivable | 41 | €48 | €100 | +€52 | +107% |
| Cash at bank and in hand | 54/58 | €2,059 | €6,810 | +€4,751 | +231% |
| Deferred charges and accrued income | 490/1 | - | €46 | +€46 | |
| Total equity and liabilities | 10/49 | €5,403 | €9,852 | +€4,449 | +82.3% |
| Equity | 10/15 | -€2,296 | -€3,876 | -€1,581 | -68.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,796 | -€5,376 | -€1,581 | -41.7% |
| Amounts payable | 17/49 | €7,698 | €13,728 | +€6,030 | +78.3% |
| Amounts payable within one year | 42/48 | €7,698 | €13,728 | +€6,030 | +78.3% |
| Trade debts | 44 | €710 | €449 | -€261 | -36.7% |
| Suppliers | 440/4 | €710 | €449 | -€261 | -36.7% |
| Taxes, remuneration and social security | 45 | €1,406 | €2,664 | +€1,258 | +89.5% |
| Taxes | 450/3 | €1,406 | €1,764 | +€358 | +25.5% |
| Remuneration and social security | 454/9 | - | €900 | +€900 | |
| Other amounts payable | 47/48 | €5,582 | €10,615 | +€5,033 | +90.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €204 | €400 | +€196 | +95.7% |
| Other operating charges | 640/8 | - | €224 | +€224 | |
| Gross operating margin | 9900 | -€3,566 | -€863 | +€2,703 | +75.8% |
| Operating profit (loss) | 9901 | -€3,771 | -€1,487 | +€2,284 | +60.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €25 | €94 | +€69 | +278% |
| Recurring financial charges | 65 | €25 | €94 | +€69 | +278% |
| Profit (loss) for the period before taxes | 9903 | -€3,796 | -€1,581 | +€2,215 | +58.3% |
| Profit (loss) for the period | 9904 | -€3,796 | -€1,581 | +€2,215 | +58.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,796 | -€1,581 | +€2,215 | +58.3% |
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 14 October 2026 via checked.be.