AYCO: 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.
AYCO
Largest movements
- Cash -€289,850
down €289,850 (-37.6%), from €769,896 to €480,046
mainly Trade debts (-€255,286) and Net result for the year (-€20,220)
- Trade debts -€255,286
down €255,286 (-56.3%), from €453,242 to €197,956
- Profit (loss) carried forward -€20,220
down €20,220 (-9.8%), from €206,958 to €186,739
- Staff costs +€165,229
up €165,229 (+311.2%), from €53,098 to €218,327
- Gross operating margin -€150,638
down €150,638 (-42.9%), from €351,405 to €200,767
- Taxes -€15,855
no longer reported in 2024 (was €15,855)
- Financial income -€6,973
no longer reported in 2024 (was €6,973)
- Financial charges -€5,122
no longer reported in 2024 (was €5,122)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,147,232 | €862,231 | -€285,001 | -24.8% |
| Fixed assets | 21/28 | €368,678 | €374,915 | +€6,237 | +1.7% |
| Tangible fixed assets | 22/27 | €368,678 | €374,915 | +€6,237 | +1.7% |
| Land and buildings | 22 | €181,172 | €181,172 | = | 0.0% |
| Plant, machinery and equipment | 23 | €64,635 | €64,635 | = | 0.0% |
| Furniture and vehicles | 24 | €113,520 | €119,757 | +€6,237 | +5.5% |
| Other tangible fixed assets | 26 | €9,352 | €9,352 | = | 0.0% |
| Current assets | 29/58 | €778,554 | €487,315 | -€291,238 | -37.4% |
| Stocks and contracts in progress | 3 | €4,684 | €4,684 | = | 0.0% |
| Stocks | 30/36 | €4,684 | €4,684 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,974 | €2,585 | -€1,388 | -34.9% |
| Other amounts receivable | 41 | €3,974 | €2,585 | -€1,388 | -34.9% |
| Cash at bank and in hand | 54/58 | €769,896 | €480,046 | -€289,850 | -37.6% |
| Total equity and liabilities | 10/49 | €1,147,232 | €862,231 | -€285,001 | -24.8% |
| Equity | 10/15 | €373,802 | €353,582 | -€20,220 | -5.4% |
| Contributions | 10/11 | €58,600 | €58,600 | = | 0.0% |
| Reserves | 13 | €108,244 | €108,244 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,739 | €2,739 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,739 | €2,739 | = | 0.0% |
| Tax-exempt reserves | 132 | €105,505 | €105,505 | = | 0.0% |
| Profit (loss) carried forward | 14 | €206,958 | €186,739 | -€20,220 | -9.8% |
| Amounts payable | 17/49 | €773,430 | €508,649 | -€264,782 | -34.2% |
| Amounts payable after more than one year | 17 | €70,999 | €70,999 | = | 0.0% |
| Financial debts | 170/4 | €70,999 | €70,999 | = | 0.0% |
| Amounts payable within one year | 42/48 | €702,431 | €437,650 | -€264,782 | -37.7% |
| Current portion of amounts payable after more than one year | 42 | €39,684 | €39,684 | = | 0.0% |
| Trade debts | 44 | €453,242 | €197,956 | -€255,286 | -56.3% |
| Suppliers | 440/4 | €453,242 | €197,956 | -€255,286 | -56.3% |
| Taxes, remuneration and social security | 45 | €33,599 | €24,104 | -€9,495 | -28.3% |
| Taxes | 450/3 | €16,430 | €24,104 | +€7,674 | +46.7% |
| Remuneration and social security | 454/9 | €17,169 | - | -€17,169 | |
| Other amounts payable | 47/48 | €175,906 | €175,906 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €53,098 | €218,327 | +€165,229 | +311.2% |
| Other operating charges | 640/8 | €7,031 | €2,659 | -€4,371 | -62.2% |
| Non-recurring operating charges | 66A | €198,001 | - | -€198,001 | |
| Gross operating margin | 9900 | €351,405 | €200,767 | -€150,638 | -42.9% |
| Operating profit (loss) | 9901 | €93,275 | -€20,220 | -€113,495 | |
| Financial income | 75/76B | €6,973 | - | -€6,973 | |
| Recurring financial income | 75 | €6,973 | - | -€6,973 | |
| Financial charges | 65/66B | €5,122 | - | -€5,122 | |
| Recurring financial charges | 65 | €5,122 | - | -€5,122 | |
| Profit (loss) for the period before taxes | 9903 | €95,126 | -€20,220 | -€115,346 | |
| Income taxes | 67/77 | €15,855 | - | -€15,855 | |
| Profit (loss) for the period | 9904 | €79,270 | -€20,220 | -€99,490 | |
| Profit (loss) for the period to be appropriated | 9905 | €79,270 | -€20,220 | -€99,490 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.