AYMAN ADNAN: 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.
AYMAN ADNAN
Largest movements
- Receivables within one year -€10,633
down €10,633 (-52.3%), from €20,344 to €9,712
- Stocks and contracts +€9,500
up €9,500 (+90.5%), from €10,500 to €20,000
- Intangible fixed assets -€2,000
down €2,000 (-33.3%), from €6,000 to €4,000
- Cash -€992
down €992 (-11.2%), from €8,861 to €7,869
mainly Stocks and contracts (-€9,500) and Trade debts (-€4,829)
- Trade debts -€4,829
down €4,829 (-85.5%), from €5,646 to €817
- Profit (loss) carried forward +€1,654
up €1,654 (+9.1%), from €18,259 to €19,913
- Tax, wage and social debts -€950
down €950 (-14.0%), from €6,801 to €5,850
of which Taxes: -€1,043
- Gross operating margin -€11,354
down €11,354 (-32.8%), from €34,650 to €23,296
- Taxes -€2,694
down €2,694 (-86.7%), from €3,108 to €414
- Financial charges +€1,310
up €1,310 (+348%), from €377 to €1,687
- Staff costs +€808
up €808 (+4.8%), from €16,734 to €17,542
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 | €45,705 | €41,581 | -€4,125 | -9.0% |
| Fixed assets | 21/28 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Intangible fixed assets | 21 | €6,000 | €4,000 | -€2,000 | -33.3% |
| Current assets | 29/58 | €39,705 | €37,581 | -€2,125 | -5.4% |
| Stocks and contracts in progress | 3 | €10,500 | €20,000 | +€9,500 | +90.5% |
| Stocks | 30/36 | €10,500 | €20,000 | +€9,500 | +90.5% |
| Amounts receivable within one year | 40/41 | €20,344 | €9,712 | -€10,633 | -52.3% |
| Other amounts receivable | 41 | €20,344 | €9,712 | -€10,633 | -52.3% |
| Cash at bank and in hand | 54/58 | €8,861 | €7,869 | -€992 | -11.2% |
| Total equity and liabilities | 10/49 | €45,705 | €41,581 | -€4,125 | -9.0% |
| Equity | 10/15 | €33,259 | €34,913 | +€1,654 | +5.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,259 | €19,913 | +€1,654 | +9.1% |
| Amounts payable | 17/49 | €12,447 | €6,667 | -€5,779 | -46.4% |
| Amounts payable within one year | 42/48 | €12,447 | €6,667 | -€5,779 | -46.4% |
| Trade debts | 44 | €5,646 | €817 | -€4,829 | -85.5% |
| Suppliers | 440/4 | €5,646 | €817 | -€4,829 | -85.5% |
| Taxes, remuneration and social security | 45 | €6,801 | €5,850 | -€950 | -14.0% |
| Taxes | 450/3 | €4,565 | €3,522 | -€1,043 | -22.9% |
| Remuneration and social security | 454/9 | €2,236 | €2,329 | +€93 | +4.2% |
| Remuneration, social security and pensions | 62 | €16,734 | €17,542 | +€808 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €2,000 | = | 0.0% |
| Gross operating margin | 9900 | €34,650 | €23,296 | -€11,354 | -32.8% |
| Operating profit (loss) | 9901 | €15,916 | €3,755 | -€12,162 | -76.4% |
| Financial charges | 65/66B | €377 | €1,687 | +€1,310 | +348% |
| Recurring financial charges | 65 | €377 | €1,687 | +€1,310 | +348% |
| Profit (loss) for the period before taxes | 9903 | €15,540 | €2,068 | -€13,472 | -86.7% |
| Income taxes | 67/77 | €3,108 | €414 | -€2,694 | -86.7% |
| Profit (loss) for the period | 9904 | €12,432 | €1,654 | -€10,777 | -86.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,432 | €1,654 | -€10,777 | -86.7% |
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 17 October 2026 via checked.be.