L'AFFINE BOUCHE: 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.
L'AFFINE BOUCHE
Largest movements
- Stocks and contracts -€10,118
down €10,118 (-47.1%), from €21,486 to €11,368
- Tangible fixed assets -€6,261
down €6,261 (-16.9%), from €37,131 to €30,870
of which Plant, machinery and equipment: -€3,324
- Cash -€4,734
down €4,734 (-12.9%), from €36,557 to €31,823
mainly Debts after one year (-€10,746) and Net result for the year (-€9,878)
- Receivables within one year +€1,922
up €1,922 (+93.6%), from €2,053 to €3,975
of which Trade receivables: +€2,041
- Debts after one year -€10,746
down €10,746 (-56.4%), from €19,066 to €8,320
- Profit (loss) carried forward -€9,878
down €9,878 (-77.0%), from -€12,826 to -€22,704
- Trade debts -€8,721
down €8,721 (-35.9%), from €24,307 to €15,585
- Other debts +€5,990
up €5,990 (+21.6%), from €27,733 to €33,723
- Tax, wage and social debts +€3,529
up €3,529 (+75.0%), from €4,705 to €8,234
of which Remuneration and social security: +€2,507
- Gross operating margin +€8,210
up €8,210 (+58.0%), from €14,150 to €22,360
- Staff costs +€6,350
up €6,350 (+41.7%), from €15,227 to €21,577
- Other operating charges +€705
up €705 (+166%), from €424 to €1,129
- Depreciation +€353
up €353 (+5.1%), from €6,961 to €7,315
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 | €98,345 | €78,904 | -€19,441 | -19.8% |
| Fixed assets | 21/28 | €37,913 | €31,652 | -€6,261 | -16.5% |
| Tangible fixed assets | 22/27 | €37,131 | €30,870 | -€6,261 | -16.9% |
| Land and buildings | 22 | €5,467 | €3,640 | -€1,827 | -33.4% |
| Plant, machinery and equipment | 23 | €26,629 | €23,305 | -€3,324 | -12.5% |
| Furniture and vehicles | 24 | €5,035 | €3,925 | -€1,110 | -22.0% |
| Financial fixed assets | 28 | €782 | €782 | = | 0.0% |
| Current assets | 29/58 | €60,432 | €47,252 | -€13,180 | -21.8% |
| Stocks and contracts in progress | 3 | €21,486 | €11,368 | -€10,118 | -47.1% |
| Stocks | 30/36 | €21,486 | €11,368 | -€10,118 | -47.1% |
| Amounts receivable within one year | 40/41 | €2,053 | €3,975 | +€1,922 | +93.6% |
| Trade receivables | 40 | €1,518 | €3,559 | +€2,041 | +135% |
| Other amounts receivable | 41 | €535 | €416 | -€119 | -22.3% |
| Cash at bank and in hand | 54/58 | €36,557 | €31,823 | -€4,734 | -12.9% |
| Deferred charges and accrued income | 490/1 | €336 | €86 | -€250 | -74.4% |
| Total equity and liabilities | 10/49 | €98,345 | €78,904 | -€19,441 | -19.8% |
| Equity | 10/15 | €12,174 | €2,296 | -€9,878 | -81.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,826 | -€22,704 | -€9,878 | -77.0% |
| Amounts payable | 17/49 | €86,171 | €76,608 | -€9,563 | -11.1% |
| Amounts payable after more than one year | 17 | €19,066 | €8,320 | -€10,746 | -56.4% |
| Financial debts | 170/4 | €19,066 | €8,320 | -€10,746 | -56.4% |
| Amounts payable within one year | 42/48 | €67,105 | €68,287 | +€1,182 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €10,361 | €10,746 | +€385 | +3.7% |
| Trade debts | 44 | €24,307 | €15,585 | -€8,721 | -35.9% |
| Suppliers | 440/4 | €24,307 | €15,585 | -€8,721 | -35.9% |
| Taxes, remuneration and social security | 45 | €4,705 | €8,234 | +€3,529 | +75.0% |
| Taxes | 450/3 | €1,288 | €2,310 | +€1,022 | +79.3% |
| Remuneration and social security | 454/9 | €3,417 | €5,924 | +€2,507 | +73.4% |
| Other amounts payable | 47/48 | €27,733 | €33,723 | +€5,990 | +21.6% |
| Remuneration, social security and pensions | 62 | €15,227 | €21,577 | +€6,350 | +41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,961 | €7,315 | +€353 | +5.1% |
| Other operating charges | 640/8 | €424 | €1,129 | +€705 | +166% |
| Gross operating margin | 9900 | €14,150 | €22,360 | +€8,210 | +58.0% |
| Operating profit (loss) | 9901 | -€8,463 | -€7,661 | +€802 | +9.5% |
| Financial income | 75/76B | €273 | €268 | -€6 | -2.1% |
| Recurring financial income | 75 | €273 | €268 | -€6 | -2.1% |
| Financial charges | 65/66B | €2,531 | €2,485 | -€47 | -1.8% |
| Recurring financial charges | 65 | €2,531 | €2,485 | -€47 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,721 | -€9,878 | +€843 | +7.9% |
| Profit (loss) for the period | 9904 | -€10,721 | -€9,878 | +€843 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,721 | -€9,878 | +€843 | +7.9% |
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 29 October 2026 via checked.be.