AYUBOWAN: 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.
AYUBOWAN
Largest movements
- Tangible fixed assets -€37,019
down €37,019 (-9.8%), from €378,746 to €341,727
of which Land and buildings: -€35,098
- Cash -€6,523
down €6,523 (-59.5%), from €10,967 to €4,443
mainly Other debts (-€49,910) and Investment in fixed assets (net) (-€3,969)
- Other debts -€49,910
down €49,910 (-45.9%), from €108,822 to €58,912
- Profit (loss) carried forward +€9,341
up €9,341 (+17.4%), from -€53,750 to -€44,409
- Financial charges -€10,180
down €10,180 (-63.4%), from €16,053 to €5,873
- Gross operating margin -€2,138
down €2,138 (-3.3%), from €64,979 to €62,841
- Depreciation +€1,718
up €1,718 (+4.4%), from €39,270 to €40,988
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 | €389,792 | €346,256 | -€43,536 | -11.2% |
| Fixed assets | 21/28 | €378,746 | €341,727 | -€37,019 | -9.8% |
| Tangible fixed assets | 22/27 | €378,746 | €341,727 | -€37,019 | -9.8% |
| Land and buildings | 22 | €373,315 | €338,217 | -€35,098 | -9.4% |
| Furniture and vehicles | 24 | €5,431 | €3,511 | -€1,920 | -35.4% |
| Current assets | 29/58 | €11,046 | €4,529 | -€6,518 | -59.0% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,967 | €4,443 | -€6,523 | -59.5% |
| Deferred charges and accrued income | 490/1 | €80 | €85 | +€6 | +7.2% |
| Total equity and liabilities | 10/49 | €389,792 | €346,256 | -€43,536 | -11.2% |
| Equity | 10/15 | €276,250 | €285,591 | +€9,341 | +3.4% |
| Contributions | 10/11 | €330,000 | €330,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,750 | -€44,409 | +€9,341 | +17.4% |
| Amounts payable | 17/49 | €113,542 | €60,665 | -€52,878 | -46.6% |
| Amounts payable within one year | 42/48 | €113,542 | €60,665 | -€52,878 | -46.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,721 | €1,753 | -€2,968 | -62.9% |
| Taxes | 450/3 | €4,721 | €1,753 | -€2,968 | -62.9% |
| Other amounts payable | 47/48 | €108,822 | €58,912 | -€49,910 | -45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,270 | €40,988 | +€1,718 | +4.4% |
| Other operating charges | 640/8 | €6,552 | €6,639 | +€86 | +1.3% |
| Gross operating margin | 9900 | €64,979 | €62,841 | -€2,138 | -3.3% |
| Operating profit (loss) | 9901 | €19,157 | €15,215 | -€3,942 | -20.6% |
| Financial charges | 65/66B | €16,053 | €5,873 | -€10,180 | -63.4% |
| Recurring financial charges | 65 | €16,053 | €5,873 | -€10,180 | -63.4% |
| Profit (loss) for the period before taxes | 9903 | €3,104 | €9,341 | +€6,237 | +200.9% |
| Profit (loss) for the period | 9904 | €3,104 | €9,341 | +€6,237 | +200.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,104 | €9,341 | +€6,237 | +200.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.