AUDAFORVAT: 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.
AUDAFORVAT
Largest movements
- Current investments -€173,504
down €173,504 (-23.9%), from €724,545 to €551,041
- Receivables within one year +€101,325
up €101,325 (+82.8%), from €122,343 to €223,667
of which Other amounts receivable: +€86,466
- Cash +€44,678
up €44,678 (+3,875%), from €1,153 to €45,831
mainly Current investments (+€173,504) and Net result for the year (+€56,501)
- Other debts -€29,508
down €29,508 (-19.1%), from €154,121 to €124,613
- Tax, wage and social debts +€9,298
up €9,298 (+188%), from €4,958 to €14,256
- Other operating charges -€13,724
down €13,724 (-85.4%), from €16,067 to €2,343
- Financial income -€13,396
down €13,396 (-52.8%), from €25,352 to €11,955
- Write-downs +€10,000
no longer reported in 2025 (was -€10,000)
- Gross operating margin +€9,246
up €9,246 (+14.5%), from €63,826 to €73,072
- Depreciation -€904
down €904 (-23.8%), from €3,795 to €2,891
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 | €870,893 | €840,423 | -€30,470 | -3.5% |
| Fixed assets | 21/28 | €20,378 | €17,486 | -€2,891 | -14.2% |
| Tangible fixed assets | 22/27 | €16,378 | €13,486 | -€2,891 | -17.7% |
| Plant, machinery and equipment | 23 | €9,576 | €7,601 | -€1,974 | -20.6% |
| Furniture and vehicles | 24 | €6,802 | €5,885 | -€917 | -13.5% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €850,515 | €822,937 | -€27,579 | -3.2% |
| Amounts receivable within one year | 40/41 | €122,343 | €223,667 | +€101,325 | +82.8% |
| Trade receivables | 40 | €30,248 | €45,107 | +€14,859 | +49.1% |
| Other amounts receivable | 41 | €92,094 | €178,561 | +€86,466 | +93.9% |
| Current investments | 50/53 | €724,545 | €551,041 | -€173,504 | -23.9% |
| Cash at bank and in hand | 54/58 | €1,153 | €45,831 | +€44,678 | +3,875% |
| Deferred charges and accrued income | 490/1 | €2,475 | €2,397 | -€78 | -3.1% |
| Total equity and liabilities | 10/49 | €870,893 | €840,423 | -€30,470 | -3.5% |
| Equity | 10/15 | €669,919 | €670,131 | +€211 | 0.0% |
| Contributions | 10/11 | €13,600 | €13,600 | = | 0.0% |
| Reserves | 13 | €600,030 | €600,030 | = | 0.0% |
| Distributable reserves | 133 | €600,030 | €600,030 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,289 | €56,501 | +€211 | +0.4% |
| Amounts payable | 17/49 | €200,974 | €170,292 | -€30,681 | -15.3% |
| Amounts payable within one year | 42/48 | €199,231 | €170,292 | -€28,939 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €8,458 | €8,417 | -€41 | -0.5% |
| Trade debts | 44 | €31,694 | €23,006 | -€8,688 | -27.4% |
| Suppliers | 440/4 | €31,694 | €23,006 | -€8,688 | -27.4% |
| Taxes, remuneration and social security | 45 | €4,958 | €14,256 | +€9,298 | +188% |
| Taxes | 450/3 | €4,958 | €14,256 | +€9,298 | +188% |
| Other amounts payable | 47/48 | €154,121 | €124,613 | -€29,508 | -19.1% |
| Accrued charges and deferred income | 492/3 | €1,742 | - | -€1,742 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,795 | €2,891 | -€904 | -23.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,000 | - | +€10,000 | |
| Other operating charges | 640/8 | €16,067 | €2,343 | -€13,724 | -85.4% |
| Gross operating margin | 9900 | €63,826 | €73,072 | +€9,246 | +14.5% |
| Operating profit (loss) | 9901 | €53,963 | €67,838 | +€13,874 | +25.7% |
| Financial income | 75/76B | €25,352 | €11,955 | -€13,396 | -52.8% |
| Recurring financial income | 75 | €25,352 | €11,955 | -€13,396 | -52.8% |
| Financial charges | 65/66B | €4,694 | €4,495 | -€200 | -4.3% |
| Recurring financial charges | 65 | €4,694 | €4,495 | -€200 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €74,621 | €75,299 | +€678 | +0.9% |
| Income taxes | 67/77 | €18,331 | €18,798 | +€467 | +2.5% |
| Profit (loss) for the period | 9904 | €56,289 | €56,501 | +€211 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €56,289 | €56,501 | +€211 | +0.4% |
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 26 October 2026 via checked.be.