AUDA: 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.
AUDA
Largest movements
- Tangible fixed assets -€27,684
down €27,684 (-13.6%), from €202,985 to €175,301
of which Leasing and similar rights: -€18,974
- Receivables within one year -€16,745
down €16,745 (-53.3%), from €31,398 to €14,653
of which Trade receivables: -€12,338
- Stocks and contracts +€4,270
up €4,270 (+432.8%), from €987 to €5,256
- Cash -€2,461
down €2,461 (-30.6%), from €8,053 to €5,592
mainly Net result for the year (-€32,317) and Investment in fixed assets (net) (-€20,934)
- Profit (loss) carried forward -€30,136
down €30,136, from €10,594 to -€19,542
- Debts after one year -€18,652
down €18,652 (-26.5%), from €70,257 to €51,605
- Other debts +€9,086
up €9,086 (+63.6%), from €14,277 to €23,364
- Trade debts +€4,384
up €4,384 (+9.0%), from €48,703 to €53,087
- Current portion of long-term debt -€4,197
down €4,197 (-18.4%), from €22,849 to €18,652
- Gross operating margin -€52,525
down €52,525 (-37.6%), from €139,817 to €87,292
- Staff costs +€19,753
up €19,753 (+47.1%), from €41,919 to €61,672
- Depreciation +€6,901
up €6,901 (+16.5%), from €41,717 to €48,618
- Taxes -€3,527
no longer reported in 2025 (was €3,527)
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 | €243,936 | €203,075 | -€40,861 | -16.8% |
| Fixed assets | 21/28 | €203,258 | €175,574 | -€27,684 | -13.6% |
| Tangible fixed assets | 22/27 | €202,985 | €175,301 | -€27,684 | -13.6% |
| Plant, machinery and equipment | 23 | €57,837 | €47,707 | -€10,130 | -17.5% |
| Furniture and vehicles | 24 | €7,594 | €6,718 | -€876 | -11.5% |
| Leasing and similar rights | 25 | €90,858 | €71,883 | -€18,974 | -20.9% |
| Other tangible fixed assets | 26 | €46,697 | €48,993 | +€2,296 | +4.9% |
| Financial fixed assets | 28 | €273 | €273 | = | 0.0% |
| Current assets | 29/58 | €40,678 | €27,501 | -€13,177 | -32.4% |
| Stocks and contracts in progress | 3 | €987 | €5,256 | +€4,270 | +432.8% |
| Stocks | 30/36 | €987 | €5,256 | +€4,270 | +432.8% |
| Amounts receivable within one year | 40/41 | €31,398 | €14,653 | -€16,745 | -53.3% |
| Trade receivables | 40 | €24,665 | €12,327 | -€12,338 | -50.0% |
| Other amounts receivable | 41 | €6,733 | €2,326 | -€4,407 | -65.5% |
| Cash at bank and in hand | 54/58 | €8,053 | €5,592 | -€2,461 | -30.6% |
| Deferred charges and accrued income | 490/1 | €241 | €2,000 | +€1,759 | +730.1% |
| Total equity and liabilities | 10/49 | €243,936 | €203,075 | -€40,861 | -16.8% |
| Equity | 10/15 | €67,560 | €35,243 | -€32,317 | -47.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,366 | €36,185 | -€2,181 | -5.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,506 | €8,325 | -€2,181 | -20.8% |
| Distributable reserves | 133 | €26,000 | €26,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,594 | -€19,542 | -€30,136 | |
| Provisions and deferred taxes | 16 | €2,626 | €2,081 | -€545 | -20.8% |
| Deferred taxes | 168 | €2,626 | €2,081 | -€545 | -20.8% |
| Amounts payable | 17/49 | €173,750 | €165,751 | -€7,999 | -4.6% |
| Amounts payable after more than one year | 17 | €70,257 | €51,605 | -€18,652 | -26.5% |
| Financial debts | 170/4 | €70,257 | €51,605 | -€18,652 | -26.5% |
| Amounts payable within one year | 42/48 | €103,493 | €112,478 | +€8,985 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €22,849 | €18,652 | -€4,197 | -18.4% |
| Financial debts | 43 | €11,048 | €7,279 | -€3,769 | -34.1% |
| Credit institutions | 430/8 | €11,048 | €7,279 | -€3,769 | -34.1% |
| Trade debts | 44 | €48,703 | €53,087 | +€4,384 | +9.0% |
| Suppliers | 440/4 | €48,703 | €53,087 | +€4,384 | +9.0% |
| Taxes, remuneration and social security | 45 | €6,616 | €10,097 | +€3,481 | +52.6% |
| Taxes | 450/3 | €3,976 | €4 | -€3,972 | -99.9% |
| Remuneration and social security | 454/9 | €2,640 | €10,093 | +€7,453 | +282.4% |
| Other amounts payable | 47/48 | €14,277 | €23,364 | +€9,086 | +63.6% |
| Accrued charges and deferred income | 492/3 | - | €1,668 | +€1,668 | |
| Non-recurring operating income | 76A | €13,632 | - | -€13,632 | |
| Remuneration, social security and pensions | 62 | €41,919 | €61,672 | +€19,753 | +47.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,717 | €48,618 | +€6,901 | +16.5% |
| Other operating charges | 640/8 | €4,466 | €5,493 | +€1,026 | +23.0% |
| Non-recurring operating charges | 66A | €383 | - | -€383 | |
| Gross operating margin | 9900 | €139,817 | €87,292 | -€52,525 | -37.6% |
| Operating profit (loss) | 9901 | €51,332 | -€28,491 | -€79,822 | |
| Financial income | 75/76B | €109 | €177 | +€68 | +62.8% |
| Recurring financial income | 75 | €109 | €177 | +€68 | +62.8% |
| Financial charges | 65/66B | €3,390 | €4,549 | +€1,159 | +34.2% |
| Recurring financial charges | 65 | €3,390 | €4,549 | +€1,159 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €48,050 | -€32,863 | -€80,913 | |
| Transfer from deferred taxes | 780 | €100 | €545 | +€445 | +446.2% |
| Transfer to deferred taxes | 680 | €2,726 | - | -€2,726 | |
| Income taxes | 67/77 | €3,527 | - | -€3,527 | |
| Profit (loss) for the period | 9904 | €41,897 | -€32,317 | -€74,214 | |
| Transfer from tax-exempt reserves | 789 | €399 | €2,181 | +€1,782 | +446.3% |
| Transfer to tax-exempt reserves | 689 | €10,905 | - | -€10,905 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,391 | -€30,136 | -€61,527 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.