AAA CONCEPT: 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.
AAA CONCEPT
Largest movements
- Receivables within one year -€22,537
down €22,537 (-69.6%), from €32,379 to €9,842
of which Trade receivables: -€20,274
- Cash +€9,052
up €9,052 (+34.8%), from €25,999 to €35,051
mainly Receivables within one year (+€22,537) and Depreciation (+€4,924)
- Tangible fixed assets +€1,176
up €1,176 (+13.7%), from €8,566 to €9,742
- Reserves -€11,137
down €11,137 (-31.8%), from €34,989 to €23,851
of which Distributable reserves: -€11,137
- Trade debts -€2,797
down €2,797 (-74.7%), from €3,742 to €945
- Tax, wage and social debts +€1,647
up €1,647 (+13.4%), from €12,286 to €13,933
of which Taxes: +€1,217
- Other operating charges -€5,865
down €5,865 (-89.4%), from €6,561 to €696
- Staff costs +€5,364
up €5,364 (+39.9%), from €13,455 to €18,819
- Financial charges +€637
up €637 (+296%), from €215 to €853
- Taxes +€591
up €591 (+31.2%), from €1,898 to €2,489
- Depreciation +€508
up €508 (+11.5%), from €4,416 to €4,924
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 | €69,616 | €57,329 | -€12,287 | -17.7% |
| Fixed assets | 21/28 | €8,566 | €9,742 | +€1,176 | +13.7% |
| Tangible fixed assets | 22/27 | €8,566 | €9,742 | +€1,176 | +13.7% |
| Plant, machinery and equipment | 23 | €8,566 | €9,742 | +€1,176 | +13.7% |
| Current assets | 29/58 | €61,051 | €47,587 | -€13,463 | -22.1% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,379 | €9,842 | -€22,537 | -69.6% |
| Trade receivables | 40 | €28,714 | €8,440 | -€20,274 | -70.6% |
| Other amounts receivable | 41 | €3,664 | €1,402 | -€2,263 | -61.8% |
| Cash at bank and in hand | 54/58 | €25,999 | €35,051 | +€9,052 | +34.8% |
| Deferred charges and accrued income | 490/1 | €173 | €194 | +€21 | +12.2% |
| Total equity and liabilities | 10/49 | €69,616 | €57,329 | -€12,287 | -17.7% |
| Equity | 10/15 | €53,589 | €42,451 | -€11,137 | -20.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €34,989 | €23,851 | -€11,137 | -31.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €33,129 | €21,991 | -€11,137 | -33.6% |
| Amounts payable | 17/49 | €16,028 | €14,878 | -€1,150 | -7.2% |
| Amounts payable within one year | 42/48 | €16,028 | €14,878 | -€1,150 | -7.2% |
| Trade debts | 44 | €3,742 | €945 | -€2,797 | -74.7% |
| Suppliers | 440/4 | €3,742 | €945 | -€2,797 | -74.7% |
| Taxes, remuneration and social security | 45 | €12,286 | €13,933 | +€1,647 | +13.4% |
| Taxes | 450/3 | €2,041 | €3,258 | +€1,217 | +59.6% |
| Remuneration and social security | 454/9 | €10,244 | €10,675 | +€430 | +4.2% |
| Remuneration, social security and pensions | 62 | €13,455 | €18,819 | +€5,364 | +39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,416 | €4,924 | +€508 | +11.5% |
| Other operating charges | 640/8 | €6,561 | €696 | -€5,865 | -89.4% |
| Gross operating margin | 9900 | €31,817 | €31,523 | -€294 | -0.9% |
| Operating profit (loss) | 9901 | €7,385 | €7,084 | -€301 | -4.1% |
| Financial income | 75/76B | €30 | €0 | -€30 | -99.7% |
| Recurring financial income | 75 | €30 | €0 | -€30 | -99.7% |
| Financial charges | 65/66B | €215 | €853 | +€637 | +296% |
| Recurring financial charges | 65 | €215 | €853 | +€637 | +296% |
| Profit (loss) for the period before taxes | 9903 | €7,200 | €6,232 | -€968 | -13.4% |
| Income taxes | 67/77 | €1,898 | €2,489 | +€591 | +31.2% |
| Profit (loss) for the period | 9904 | €5,302 | €3,743 | -€1,559 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,302 | €3,743 | -€1,559 | -29.4% |
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 27 October 2026 via checked.be.