AYNEF: 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.
AYNEF
Largest movements
- Tangible fixed assets -€10,269
down €10,269 (-15.1%), from €67,837 to €57,568
of which Furniture and vehicles: -€6,507
- Receivables within one year -€7,925
down €7,925 (-12.1%), from €65,338 to €57,413
of which Trade receivables: -€65,338
- Cash +€6,012
up €6,012 (+43.3%), from €13,894 to €19,906
mainly Depreciation (+€23,593) and Net result for the year (+€11,471)
- Other debts -€34,867
no longer reported in 2025 (was €34,867)
- Profit (loss) carried forward +€11,471
up €11,471 (+24.9%), from €46,102 to €57,573
- Trade debts +€7,162
up €7,162 (+174%), from €4,110 to €11,271
- Tax, wage and social debts +€6,968
up €6,968 (+36.2%), from €19,272 to €26,240
- Debts after one year -€3,033
down €3,033 (-13.0%), from €23,413 to €20,380
- Gross operating margin +€23,193
up €23,193 (+11.1%), from €208,225 to €231,417
- Staff costs +€8,689
up €8,689 (+5.0%), from €172,606 to €181,295
- Depreciation +€6,913
up €6,913 (+41.4%), from €16,680 to €23,593
- Financial charges +€4,417
up €4,417 (+106%), from €4,183 to €8,600
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 | €147,069 | €134,886 | -€12,183 | -8.3% |
| Fixed assets | 21/28 | €67,837 | €57,568 | -€10,269 | -15.1% |
| Tangible fixed assets | 22/27 | €67,837 | €57,568 | -€10,269 | -15.1% |
| Plant, machinery and equipment | 23 | €27,459 | €23,697 | -€3,762 | -13.7% |
| Furniture and vehicles | 24 | €40,378 | €33,871 | -€6,507 | -16.1% |
| Current assets | 29/58 | €79,232 | €77,318 | -€1,914 | -2.4% |
| Amounts receivable within one year | 40/41 | €65,338 | €57,413 | -€7,925 | -12.1% |
| Trade receivables | 40 | €65,338 | - | -€65,338 | |
| Other amounts receivable | 41 | - | €57,413 | +€57,413 | |
| Cash at bank and in hand | 54/58 | €13,894 | €19,906 | +€6,012 | +43.3% |
| Total equity and liabilities | 10/49 | €147,069 | €134,886 | -€12,183 | -8.3% |
| Equity | 10/15 | €62,490 | €73,961 | +€11,471 | +18.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €1,388 | €1,388 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,388 | €1,388 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,388 | €1,388 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,102 | €57,573 | +€11,471 | +24.9% |
| Amounts payable | 17/49 | €84,579 | €60,925 | -€23,654 | -28.0% |
| Amounts payable after more than one year | 17 | €23,413 | €20,380 | -€3,033 | -13.0% |
| Financial debts | 170/4 | €23,413 | €20,380 | -€3,033 | -13.0% |
| Amounts payable within one year | 42/48 | €61,165 | €40,545 | -€20,621 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €2,917 | - | -€2,917 | |
| Financial debts | 43 | - | €3,033 | +€3,033 | |
| Credit institutions | 430/8 | - | €3,033 | +€3,033 | |
| Trade debts | 44 | €4,110 | €11,271 | +€7,162 | +174% |
| Suppliers | 440/4 | €4,110 | €11,271 | +€7,162 | +174% |
| Taxes, remuneration and social security | 45 | €19,272 | €26,240 | +€6,968 | +36.2% |
| Taxes | 450/3 | €19,272 | €26,240 | +€6,968 | +36.2% |
| Other amounts payable | 47/48 | €34,867 | - | -€34,867 | |
| Remuneration, social security and pensions | 62 | €172,606 | €181,295 | +€8,689 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,680 | €23,593 | +€6,913 | +41.4% |
| Other operating charges | 640/8 | €1,653 | €1,815 | +€162 | +9.8% |
| Gross operating margin | 9900 | €208,225 | €231,417 | +€23,193 | +11.1% |
| Operating profit (loss) | 9901 | €17,285 | €24,714 | +€7,429 | +43.0% |
| Financial income | 75/76B | - | €1,556 | +€1,556 | |
| Recurring financial income | 75 | - | €1,556 | +€1,556 | |
| Financial charges | 65/66B | €4,183 | €8,600 | +€4,417 | +106% |
| Recurring financial charges | 65 | €4,183 | €8,600 | +€4,417 | +106% |
| Profit (loss) for the period before taxes | 9903 | €13,103 | €17,670 | +€4,567 | +34.9% |
| Income taxes | 67/77 | €5,215 | €6,199 | +€984 | +18.9% |
| Profit (loss) for the period | 9904 | €7,888 | €11,471 | +€3,583 | +45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,888 | €11,471 | +€3,583 | +45.4% |
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 14 October 2026 via checked.be.