au-Key: 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.
au-Key
Largest movements
- Cash +€49,348
up €49,348 (+53.5%), from €92,165 to €141,514
mainly Net result for the year (+€42,463) and Depreciation (+€10,645)
- Tangible fixed assets -€10,298
down €10,298 (-8.0%), from €128,046 to €117,748
of which Land and buildings: -€6,793
- Receivables within one year +€2,770
up €2,770 (+23.2%), from €11,953 to €14,723
of which Trade receivables: +€1,658
- Profit (loss) carried forward +€42,463
up €42,463 (+55.0%), from €77,204 to €119,667
- Tax, wage and social debts -€3,435
down €3,435 (-28.4%), from €12,082 to €8,647
- Gross operating margin +€11,202
up €11,202 (+21.0%), from €53,378 to €64,580
- Taxes -€1,325
down €1,325 (-10.8%), from €12,239 to €10,914
- Other operating charges -€1,254
down €1,254 (-81.0%), from €1,548 to €294
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 | €236,432 | €276,268 | +€39,836 | +16.8% |
| Fixed assets | 21/28 | €129,546 | €119,248 | -€10,298 | -7.9% |
| Tangible fixed assets | 22/27 | €128,046 | €117,748 | -€10,298 | -8.0% |
| Land and buildings | 22 | €120,203 | €113,410 | -€6,793 | -5.7% |
| Plant, machinery and equipment | 23 | €587 | €437 | -€150 | -25.5% |
| Furniture and vehicles | 24 | €7,256 | €3,901 | -€3,355 | -46.2% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €106,886 | €157,020 | +€50,134 | +46.9% |
| Amounts receivable within one year | 40/41 | €11,953 | €14,723 | +€2,770 | +23.2% |
| Trade receivables | 40 | €9,946 | €11,604 | +€1,658 | +16.7% |
| Other amounts receivable | 41 | €2,006 | €3,119 | +€1,113 | +55.5% |
| Cash at bank and in hand | 54/58 | €92,165 | €141,514 | +€49,348 | +53.5% |
| Deferred charges and accrued income | 490/1 | €2,768 | €783 | -€1,985 | -71.7% |
| Total equity and liabilities | 10/49 | €236,432 | €276,268 | +€39,836 | +16.8% |
| Equity | 10/15 | €218,895 | €261,358 | +€42,463 | +19.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €123,091 | €123,091 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,400 | €12,400 | = | 0.0% |
| Distributable reserves | 133 | €110,691 | €110,691 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,204 | €119,667 | +€42,463 | +55.0% |
| Amounts payable | 17/49 | €17,537 | €14,910 | -€2,627 | -15.0% |
| Amounts payable after more than one year | 17 | €500 | €500 | = | 0.0% |
| Other amounts payable | 178/9 | €500 | €500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,386 | €13,409 | -€2,976 | -18.2% |
| Financial debts | 43 | €12 | - | -€12 | |
| Credit institutions | 430/8 | €12 | - | -€12 | |
| Trade debts | 44 | €209 | €56 | -€153 | -73.3% |
| Suppliers | 440/4 | €209 | €56 | -€153 | -73.3% |
| Taxes, remuneration and social security | 45 | €12,082 | €8,647 | -€3,435 | -28.4% |
| Taxes | 450/3 | €12,082 | €8,647 | -€3,435 | -28.4% |
| Other amounts payable | 47/48 | €4,083 | €4,706 | +€624 | +15.3% |
| Accrued charges and deferred income | 492/3 | €651 | €1,000 | +€349 | +53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,614 | €10,645 | +€31 | +0.3% |
| Other operating charges | 640/8 | €1,548 | €294 | -€1,254 | -81.0% |
| Gross operating margin | 9900 | €53,378 | €64,580 | +€11,202 | +21.0% |
| Operating profit (loss) | 9901 | €41,216 | €53,641 | +€12,424 | +30.1% |
| Financial income | 75/76B | €4 | €0 | -€4 | -98.6% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -98.6% |
| Financial charges | 65/66B | €338 | €264 | -€75 | -22.1% |
| Recurring financial charges | 65 | €338 | €264 | -€75 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €40,882 | €53,377 | +€12,495 | +30.6% |
| Income taxes | 67/77 | €12,239 | €10,914 | -€1,325 | -10.8% |
| Profit (loss) for the period | 9904 | €28,643 | €42,463 | +€13,820 | +48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,643 | €42,463 | +€13,820 | +48.2% |
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 16 October 2026 via checked.be.