AYSM: 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.
AYSM
Largest movements
- Receivables within one year +€107,909
up €107,909 (+239.2%), from €45,103 to €153,013
of which Trade receivables: +€89,214
- Cash -€54,670
down €54,670 (-40.7%), from €134,374 to €79,704
mainly Receivables within one year (-€107,909) and Current investments (-€50,000)
- Current investments +€50,000
up €50,000 (+33.3%), from €150,000 to €200,000
- Tangible fixed assets -€21,060
down €21,060 (-24.9%), from €84,649 to €63,589
- Reserves +€71,346
new in 2025: €71,346
- Tax, wage and social debts +€12,992
up €12,992 (+74.5%), from €17,442 to €30,434
- Depreciation -€18,250
down €18,250 (-51.5%), from €35,422 to €17,172
- Taxes +€12,992
up €12,992 (+74.5%), from €17,442 to €30,434
- Financial income +€4,835
up €4,835 (+4826.0%), from €100 to €4,935
- Gross operating margin -€4,307
down €4,307 (-3.6%), from €118,738 to €114,430
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.
Cash bridge derived
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 | €415,357 | €497,534 | +€82,177 | +19.8% |
| Fixed assets | 21/28 | €84,649 | €63,589 | -€21,060 | -24.9% |
| Tangible fixed assets | 22/27 | €84,649 | €63,589 | -€21,060 | -24.9% |
| Furniture and vehicles | 24 | €84,649 | €63,589 | -€21,060 | -24.9% |
| Current assets | 29/58 | €330,708 | €433,945 | +€103,237 | +31.2% |
| Amounts receivable within one year | 40/41 | €45,103 | €153,013 | +€107,909 | +239.2% |
| Trade receivables | 40 | €43,000 | €132,214 | +€89,214 | +207.5% |
| Other amounts receivable | 41 | €2,103 | €20,798 | +€18,695 | +888.8% |
| Current investments | 50/53 | €150,000 | €200,000 | +€50,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €134,374 | €79,704 | -€54,670 | -40.7% |
| Deferred charges and accrued income | 490/1 | €1,231 | €1,229 | -€2 | -0.2% |
| Total equity and liabilities | 10/49 | €415,357 | €497,534 | +€82,177 | +19.8% |
| Equity | 10/15 | €392,180 | €463,526 | +€71,346 | +18.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €71,346 | +€71,346 | |
| Distributable reserves | 133 | - | €71,346 | +€71,346 | |
| Profit (loss) carried forward | 14 | €387,180 | €387,180 | = | 0.0% |
| Amounts payable | 17/49 | €23,177 | €34,008 | +€10,831 | +46.7% |
| Amounts payable within one year | 42/48 | €19,784 | €30,510 | +€10,725 | +54.2% |
| Trade debts | 44 | €17 | €75 | +€59 | +355.0% |
| Suppliers | 440/4 | €17 | €75 | +€59 | +355.0% |
| Taxes, remuneration and social security | 45 | €17,442 | €30,434 | +€12,992 | +74.5% |
| Taxes | 450/3 | €17,442 | €30,434 | +€12,992 | +74.5% |
| Other amounts payable | 47/48 | €2,325 | - | -€2,325 | |
| Accrued charges and deferred income | 492/3 | €3,392 | €3,498 | +€106 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,422 | €17,172 | -€18,250 | -51.5% |
| Other operating charges | 640/8 | €98 | €226 | +€128 | +131.3% |
| Gross operating margin | 9900 | €118,738 | €114,430 | -€4,307 | -3.6% |
| Operating profit (loss) | 9901 | €83,218 | €97,033 | +€13,814 | +16.6% |
| Financial income | 75/76B | €100 | €4,935 | +€4,835 | +4826.0% |
| Recurring financial income | 75 | €100 | €4,935 | +€4,835 | +4826.0% |
| Financial charges | 65/66B | €647 | €187 | -€460 | -71.1% |
| Recurring financial charges | 65 | €647 | €187 | -€460 | -71.1% |
| Profit (loss) for the period before taxes | 9903 | €82,671 | €101,780 | +€19,109 | +23.1% |
| Income taxes | 67/77 | €17,442 | €30,434 | +€12,992 | +74.5% |
| Profit (loss) for the period | 9904 | €65,229 | €71,346 | +€6,117 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €65,229 | €71,346 | +€6,117 | +9.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.