AYA: 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.
AYA
Largest movements
- Intangible fixed assets +€659,044
up €659,044 (+77.2%), from €853,466 to €1.5m
- Receivables within one year -€552,739
down €552,739 (-35.4%), from €1.6m to €1.0m
of which Trade receivables: -€473,656
- Cash -€83,333
down €83,333 (-96.0%), from €86,768 to €3,435
mainly Net result for the year (-€1.6m) and Investment in fixed assets (net) (-€1.0m)
- Deferred charges and accrued income +€82,855
up €82,855 (+743%), from €11,154 to €94,009
- Debts after one year +€2.1m
up €2.1m (+529%), from €397,406 to €2.5m
- Profit (loss) carried forward -€1.5m
new in 2025: -€1.5m
- Trade debts -€646,353
down €646,353 (-57.9%), from €1.1m to €469,174
- Short-term financial debts +€200,000
up €200,000 (+44.4%), from €450,000 to €650,000
- Reserves -€109,755
down €109,755 (-68.5%), from €160,210 to €50,455
- Gross operating margin -€893,831
down €893,831 (-79.3%), from €1.1m to €233,735
- Staff costs +€544,725
up €544,725 (+67.5%), from €806,873 to €1.4m
- Depreciation +€113,010
up €113,010 (+42.3%), from €267,346 to €380,356
- Financial charges +€39,361
up €39,361 (+66.1%), from €59,517 to €98,878
- Write-downs -€17,629
down €17,629, from €9,690 to -€7,940
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 | €2,564,146 | €2,664,570 | +€100,425 | +3.9% |
| Fixed assets | 21/28 | €881,558 | €1,548,895 | +€667,336 | +75.7% |
| Intangible fixed assets | 21 | €853,466 | €1,512,510 | +€659,044 | +77.2% |
| Tangible fixed assets | 22/27 | €22,540 | €30,861 | +€8,321 | +36.9% |
| Plant, machinery and equipment | 23 | €22,540 | €14,228 | -€8,312 | -36.9% |
| Furniture and vehicles | 24 | - | €16,632 | +€16,632 | |
| Financial fixed assets | 28 | €5,552 | €5,524 | -€28 | -0.5% |
| Current assets | 29/58 | €1,682,587 | €1,115,676 | -€566,912 | -33.7% |
| Stocks and contracts in progress | 3 | €14,313 | €525 | -€13,788 | -96.3% |
| Stocks | 30/36 | €14,313 | €525 | -€13,788 | -96.3% |
| Amounts receivable within one year | 40/41 | €1,560,537 | €1,007,797 | -€552,739 | -35.4% |
| Trade receivables | 40 | €1,442,322 | €968,666 | -€473,656 | -32.8% |
| Other amounts receivable | 41 | €118,215 | €39,131 | -€79,084 | -66.9% |
| Current investments | 50/53 | €9,816 | €9,910 | +€94 | +1.0% |
| Cash at bank and in hand | 54/58 | €86,768 | €3,435 | -€83,333 | -96.0% |
| Deferred charges and accrued income | 490/1 | €11,154 | €94,009 | +€82,855 | +743% |
| Total equity and liabilities | 10/49 | €2,564,146 | €2,664,570 | +€100,425 | +3.9% |
| Equity | 10/15 | €178,760 | -€1,467,963 | -€1.6m | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €160,210 | €50,455 | -€109,755 | -68.5% |
| Distributable reserves | 133 | €160,210 | €50,455 | -€109,755 | -68.5% |
| Profit (loss) carried forward | 14 | - | -€1,536,967 | -€1.5m | |
| Amounts payable | 17/49 | €2,385,386 | €4,132,533 | +€1.7m | +73.2% |
| Amounts payable after more than one year | 17 | €397,406 | €2,498,271 | +€2.1m | +529% |
| Financial debts | 170/4 | €397,406 | €2,498,271 | +€2.1m | +529% |
| Amounts payable within one year | 42/48 | €1,982,471 | €1,631,159 | -€351,312 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €187,894 | €286,412 | +€98,519 | +52.4% |
| Financial debts | 43 | €450,000 | €650,000 | +€200,000 | +44.4% |
| Credit institutions | 430/8 | €450,000 | €650,000 | +€200,000 | +44.4% |
| Trade debts | 44 | €1,115,527 | €469,174 | -€646,353 | -57.9% |
| Suppliers | 440/4 | €1,115,527 | €469,174 | -€646,353 | -57.9% |
| Taxes, remuneration and social security | 45 | €142,058 | €191,417 | +€49,360 | +34.7% |
| Taxes | 450/3 | €20,439 | €36,309 | +€15,870 | +77.6% |
| Remuneration and social security | 454/9 | €121,618 | €155,108 | +€33,490 | +27.5% |
| Other amounts payable | 47/48 | €86,992 | €34,155 | -€52,837 | -60.7% |
| Accrued charges and deferred income | 492/3 | €5,508 | €3,104 | -€2,404 | -43.6% |
| Remuneration, social security and pensions | 62 | €806,873 | €1,351,598 | +€544,725 | +67.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €267,346 | €380,356 | +€113,010 | +42.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,690 | -€7,940 | -€17,629 | |
| Other operating charges | 640/8 | €12,032 | €1,994 | -€10,038 | -83.4% |
| Non-recurring operating charges | 66A | €31 | €55,000 | +€54,969 | +176,352% |
| Gross operating margin | 9900 | €1,127,566 | €233,735 | -€893,831 | -79.3% |
| Operating profit (loss) | 9901 | €31,594 | -€1,547,274 | -€1.6m | |
| Financial income | 75/76B | €45 | €1,020 | +€975 | +2,185% |
| Recurring financial income | 75 | €45 | €1,020 | +€975 | +2,185% |
| Financial charges | 65/66B | €59,517 | €98,878 | +€39,361 | +66.1% |
| Recurring financial charges | 65 | €59,517 | €98,878 | +€39,361 | +66.1% |
| Profit (loss) for the period before taxes | 9903 | -€27,878 | -€1,645,133 | -€1.6m | -5,801% |
| Income taxes | 67/77 | €1,103 | €1,590 | +€487 | +44.2% |
| Profit (loss) for the period | 9904 | -€28,981 | -€1,646,723 | -€1.6m | -5,582% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,981 | -€1,646,723 | -€1.6m | -5,582% |
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.