A.E.S. - All Electric Services: 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.
A.E.S. - All Electric Services
Largest movements
- Receivables within one year -€5,434
down €5,434 (-5.8%), from €94,005 to €88,570
of which Other amounts receivable: -€8,584
- Cash +€4,793
up €4,793 (+37.2%), from €12,872 to €17,665
mainly Receivables within one year (+€5,434) and Trade debts (+€2,613)
- Tax, wage and social debts -€2,819
down €2,819 (-64.5%), from €4,373 to €1,554
of which Remuneration and social security: -€2,646
- Trade debts +€2,613
up €2,613 (+52.9%), from €4,934 to €7,547
- Taxes +€6,630
new in 2025: €6,630
- Gross operating margin +€5,644
up €5,644 (+147%), from €3,851 to €9,495
- Other operating charges +€2,498
up €2,498 (+428%), from €584 to €3,082
- Financial charges -€406
down €406 (-65.1%), from €624 to €218
- Depreciation -€314
down €314 (-60.0%), from €524 to €210
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 | €108,083 | €107,232 | -€851 | -0.8% |
| Fixed assets | 21/28 | €945 | €735 | -€210 | -22.2% |
| Tangible fixed assets | 22/27 | €945 | €735 | -€210 | -22.2% |
| Furniture and vehicles | 24 | €945 | €735 | -€210 | -22.2% |
| Current assets | 29/58 | €107,138 | €106,497 | -€641 | -0.6% |
| Amounts receivable within one year | 40/41 | €94,005 | €88,570 | -€5,434 | -5.8% |
| Trade receivables | 40 | €16,232 | €19,382 | +€3,150 | +19.4% |
| Other amounts receivable | 41 | €77,773 | €69,188 | -€8,584 | -11.0% |
| Cash at bank and in hand | 54/58 | €12,872 | €17,665 | +€4,793 | +37.2% |
| Deferred charges and accrued income | 490/1 | €261 | €261 | = | 0.0% |
| Total equity and liabilities | 10/49 | €108,083 | €107,232 | -€851 | -0.8% |
| Equity | 10/15 | €98,775 | €98,130 | -€645 | -0.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,225 | €79,580 | -€645 | -0.8% |
| Amounts payable | 17/49 | €9,307 | €9,101 | -€206 | -2.2% |
| Amounts payable within one year | 42/48 | €9,307 | €9,101 | -€206 | -2.2% |
| Trade debts | 44 | €4,934 | €7,547 | +€2,613 | +52.9% |
| Suppliers | 440/4 | €4,934 | €7,547 | +€2,613 | +52.9% |
| Taxes, remuneration and social security | 45 | €4,373 | €1,554 | -€2,819 | -64.5% |
| Taxes | 450/3 | €1,683 | €1,510 | -€173 | -10.3% |
| Remuneration and social security | 454/9 | €2,690 | €44 | -€2,646 | -98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €524 | €210 | -€314 | -60.0% |
| Other operating charges | 640/8 | €584 | €3,082 | +€2,498 | +428% |
| Gross operating margin | 9900 | €3,851 | €9,495 | +€5,644 | +147% |
| Operating profit (loss) | 9901 | €2,742 | €6,203 | +€3,461 | +126% |
| Financial charges | 65/66B | €624 | €218 | -€406 | -65.1% |
| Recurring financial charges | 65 | €624 | €218 | -€406 | -65.1% |
| Profit (loss) for the period before taxes | 9903 | €2,118 | €5,985 | +€3,867 | +183% |
| Income taxes | 67/77 | - | €6,630 | +€6,630 | |
| Profit (loss) for the period | 9904 | €2,118 | -€645 | -€2,764 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,118 | -€645 | -€2,764 |
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 24 October 2026 via checked.be.