AYAR: 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.
AYAR
Largest movements
- Receivables within one year -€9,191
down €9,191 (-20.8%), from €44,220 to €35,028
of which Other amounts receivable: -€8,141
- Tangible fixed assets +€1,251
up €1,251 (+12.3%), from €10,163 to €11,413
of which Plant, machinery and equipment: +€937
- Trade debts -€11,477
down €11,477 (-39.8%), from €28,829 to €17,351
- Short-term financial debts +€4,197
new in 2025: €4,197
- Tax, wage and social debts -€3,324
down €3,324 (-69.0%), from €4,820 to €1,496
- Profit (loss) carried forward +€2,370
up €2,370 (+13.4%), from €17,743 to €20,114
- Staff costs -€45,891
down €45,891 (-65.6%), from €69,925 to €24,034
- Gross operating margin -€43,914
down €43,914 (-58.2%), from €75,407 to €31,493
- Financial income -€13,875
down €13,875 (-86.9%), from €15,971 to €2,095
of which Non-recurring financial income: -€14,155
- Depreciation -€3,284
down €3,284 (-85.1%), from €3,858 to €574
- Taxes -€2,855
down €2,855 (-65.6%), from €4,351 to €1,496
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 | €58,762 | €50,528 | -€8,234 | -14.0% |
| Fixed assets | 21/28 | €10,163 | €11,413 | +€1,251 | +12.3% |
| Tangible fixed assets | 22/27 | €10,163 | €11,413 | +€1,251 | +12.3% |
| Plant, machinery and equipment | 23 | €10,163 | €11,100 | +€937 | +9.2% |
| Furniture and vehicles | 24 | - | €313 | +€313 | |
| Current assets | 29/58 | €48,599 | €39,115 | -€9,484 | -19.5% |
| Stocks and contracts in progress | 3 | €3,825 | €3,825 | = | 0.0% |
| Stocks | 30/36 | €3,825 | €3,825 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €44,220 | €35,028 | -€9,191 | -20.8% |
| Trade receivables | 40 | €1,051 | - | -€1,051 | |
| Other amounts receivable | 41 | €43,169 | €35,028 | -€8,141 | -18.9% |
| Cash at bank and in hand | 54/58 | €554 | €261 | -€293 | -52.9% |
| Total equity and liabilities | 10/49 | €58,762 | €50,528 | -€8,234 | -14.0% |
| Equity | 10/15 | €25,113 | €27,483 | +€2,370 | +9.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,170 | €1,170 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,170 | €1,170 | = | 0.0% |
| Legal reserve | 130 | €1,170 | €1,170 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,743 | €20,114 | +€2,370 | +13.4% |
| Amounts payable | 17/49 | €33,649 | €23,045 | -€10,604 | -31.5% |
| Amounts payable within one year | 42/48 | €33,649 | €23,045 | -€10,604 | -31.5% |
| Financial debts | 43 | - | €4,197 | +€4,197 | |
| Credit institutions | 430/8 | - | €4,197 | +€4,197 | |
| Trade debts | 44 | €28,829 | €17,351 | -€11,477 | -39.8% |
| Suppliers | 440/4 | €28,829 | €17,351 | -€11,477 | -39.8% |
| Taxes, remuneration and social security | 45 | €4,820 | €1,496 | -€3,324 | -69.0% |
| Taxes | 450/3 | €4,820 | €1,496 | -€3,324 | -69.0% |
| Remuneration, social security and pensions | 62 | €69,925 | €24,034 | -€45,891 | -65.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,858 | €574 | -€3,284 | -85.1% |
| Other operating charges | 640/8 | €684 | €2,195 | +€1,511 | +221% |
| Gross operating margin | 9900 | €75,407 | €31,493 | -€43,914 | -58.2% |
| Operating profit (loss) | 9901 | €940 | €4,690 | +€3,750 | +399% |
| Financial income | 75/76B | €15,971 | €2,095 | -€13,875 | -86.9% |
| Recurring financial income | 75 | €1,816 | €2,095 | +€280 | +15.4% |
| Non-recurring financial income | 76B | €14,155 | - | -€14,155 | |
| Financial charges | 65/66B | €1,578 | €2,919 | +€1,341 | +85.0% |
| Recurring financial charges | 65 | €1,578 | €1,493 | -€85 | -5.4% |
| Non-recurring financial charges | 66B | - | €1,426 | +€1,426 | |
| Profit (loss) for the period before taxes | 9903 | €15,333 | €3,866 | -€11,467 | -74.8% |
| Income taxes | 67/77 | €4,351 | €1,496 | -€2,855 | -65.6% |
| Profit (loss) for the period | 9904 | €10,982 | €2,370 | -€8,612 | -78.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,982 | €2,370 | -€8,612 | -78.4% |
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 16 October 2026 via checked.be.