A.E.S.: 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.
A.E.S.
Largest movements
- Intangible fixed assets -€6,001
down €6,001 (-12.5%), from €47,984 to €41,983
- Receivables within one year -€932
down €932 (-5.6%), from €16,704 to €15,772
of which Other amounts receivable: -€14,724
- Other debts -€12,013
down €12,013 (-16.3%), from €73,527 to €61,514
- Profit (loss) carried forward +€5,076
up €5,076 (+14.9%), from -€34,026 to -€28,950
- Short-term financial debts +€956
up €956 (+1072.1%), from €89 to €1,045
- Accrued charges and deferred income -€950
no longer reported in 2024 (was €950)
- Gross operating margin +€13,033
up €13,033, from -€1,051 to €11,982
- Financial charges -€3,259
down €3,259 (-87.2%), from €3,738 to €479
- Financial income -€770
no longer reported in 2024 (was €770)
- Other operating charges -€178
down €178 (-29.5%), from €605 to €427
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,688 | €57,926 | -€6,762 | -10.5% |
| Fixed assets | 21/28 | €47,984 | €41,983 | -€6,001 | -12.5% |
| Intangible fixed assets | 21 | €47,984 | €41,983 | -€6,001 | -12.5% |
| Current assets | 29/58 | €16,704 | €15,943 | -€761 | -4.6% |
| Amounts receivable within one year | 40/41 | €16,704 | €15,772 | -€932 | -5.6% |
| Trade receivables | 40 | €1,409 | €15,200 | +€13,792 | +979.2% |
| Other amounts receivable | 41 | €15,296 | €572 | -€14,724 | -96.3% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | - | €171 | +€171 | |
| Total equity and liabilities | 10/49 | €64,688 | €57,926 | -€6,762 | -10.5% |
| Equity | 10/15 | -€12,245 | -€7,169 | +€5,076 | +41.5% |
| Contributions | 10/11 | €18,592 | €18,592 | -€0 | 0.0% |
| Reserves | 13 | €3,189 | €3,189 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Other | 1319 | - | €1,859 | +€1,859 | |
| Distributable reserves | 133 | €1,330 | €1,330 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€34,026 | -€28,950 | +€5,076 | +14.9% |
| Amounts payable | 17/49 | €76,933 | €65,095 | -€11,838 | -15.4% |
| Amounts payable within one year | 42/48 | €75,983 | €65,095 | -€10,888 | -14.3% |
| Financial debts | 43 | €89 | €1,045 | +€956 | +1072.1% |
| Credit institutions | 430/8 | €89 | €1,045 | +€956 | +1072.1% |
| Trade debts | 44 | €2,367 | €2,536 | +€169 | +7.2% |
| Suppliers | 440/4 | €2,367 | €2,536 | +€169 | +7.2% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €73,527 | €61,514 | -€12,013 | -16.3% |
| Accrued charges and deferred income | 492/3 | €950 | - | -€950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,000 | €6,000 | = | 0.0% |
| Other operating charges | 640/8 | €605 | €427 | -€178 | -29.5% |
| Gross operating margin | 9900 | -€1,051 | €11,982 | +€13,033 | |
| Operating profit (loss) | 9901 | -€7,657 | €5,555 | +€13,212 | |
| Financial income | 75/76B | €770 | - | -€770 | |
| Recurring financial income | 75 | €770 | - | -€770 | |
| Financial charges | 65/66B | €3,738 | €479 | -€3,259 | -87.2% |
| Recurring financial charges | 65 | €3,738 | €479 | -€3,259 | -87.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,625 | €5,076 | +€15,701 | |
| Profit (loss) for the period | 9904 | -€10,625 | €5,076 | +€15,701 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,625 | €5,076 | +€15,701 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.