A.E. 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. SERVICES
Largest movements
- Cash +€131,775
up €131,775 (+52.1%), from €253,013 to €384,788
mainly Net result for the year (+€123,715) and Other debts (+€60,324)
- Current investments +€35,718
up €35,718 (+39.0%), from €91,509 to €127,227
- Receivables within one year +€22,436
up €22,436 (+9.5%), from €237,036 to €259,472
of which Trade receivables: +€22,423
- Tangible fixed assets -€13,650
down €13,650 (-5.8%), from €236,899 to €223,250
of which Land and buildings: -€11,150
- Reserves +€108,525
up €108,525 (+18.3%), from €591,524 to €700,049
of which Distributable reserves: +€108,525
- Other debts +€60,324
up €60,324 (+413.4%), from €14,592 to €74,916
- Tax, wage and social debts +€21,334
up €21,334 (+46.1%), from €46,271 to €67,605
of which Taxes: +€19,926
- Trade debts -€15,413
down €15,413 (-39.2%), from €39,336 to €23,923
- Financial charges +€55,025
up €55,025 (+6100.7%), from €902 to €55,927
- Gross operating margin +€49,371
up €49,371 (+18.0%), from €274,451 to €323,822
- Staff costs +€20,534
up €20,534 (+55.4%), from €37,046 to €57,580
- Write-downs +€7,960
up €7,960, from -€408 to €7,552
- Financial income +€7,865
up €7,865 (+132.7%), from €5,928 to €13,793
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 | €822,416 | €998,803 | +€176,387 | +21.4% |
| Fixed assets | 21/28 | €236,899 | €223,250 | -€13,650 | -5.8% |
| Tangible fixed assets | 22/27 | €236,899 | €223,250 | -€13,650 | -5.8% |
| Land and buildings | 22 | €227,350 | €216,200 | -€11,150 | -4.9% |
| Plant, machinery and equipment | 23 | €6,137 | €4,668 | -€1,468 | -23.9% |
| Furniture and vehicles | 24 | €3,412 | €2,381 | -€1,031 | -30.2% |
| Current assets | 29/58 | €585,517 | €775,553 | +€190,037 | +32.5% |
| Amounts receivable within one year | 40/41 | €237,036 | €259,472 | +€22,436 | +9.5% |
| Trade receivables | 40 | €237,036 | €259,459 | +€22,423 | +9.5% |
| Other amounts receivable | 41 | - | €13 | +€13 | |
| Current investments | 50/53 | €91,509 | €127,227 | +€35,718 | +39.0% |
| Cash at bank and in hand | 54/58 | €253,013 | €384,788 | +€131,775 | +52.1% |
| Deferred charges and accrued income | 490/1 | €3,959 | €4,067 | +€108 | +2.7% |
| Total equity and liabilities | 10/49 | €822,416 | €998,803 | +€176,387 | +21.4% |
| Equity | 10/15 | €616,613 | €725,138 | +€108,525 | +17.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €591,524 | €700,049 | +€108,525 | +18.3% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €589,024 | €697,549 | +€108,525 | +18.4% |
| Profit (loss) carried forward | 14 | €89 | €89 | = | 0.0% |
| Provisions and deferred taxes | 16 | €99,383 | €99,383 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €99,383 | €99,383 | = | 0.0% |
| Major repairs and maintenance | 162 | €99,383 | €99,383 | = | 0.0% |
| Amounts payable | 17/49 | €106,419 | €174,282 | +€67,862 | +63.8% |
| Amounts payable within one year | 42/48 | €100,199 | €166,444 | +€66,245 | +66.1% |
| Trade debts | 44 | €39,336 | €23,923 | -€15,413 | -39.2% |
| Suppliers | 440/4 | €39,336 | €23,923 | -€15,413 | -39.2% |
| Taxes, remuneration and social security | 45 | €46,271 | €67,605 | +€21,334 | +46.1% |
| Taxes | 450/3 | €31,920 | €51,846 | +€19,926 | +62.4% |
| Remuneration and social security | 454/9 | €14,351 | €15,759 | +€1,408 | +9.8% |
| Other amounts payable | 47/48 | €14,592 | €74,916 | +€60,324 | +413.4% |
| Accrued charges and deferred income | 492/3 | €6,220 | €7,838 | +€1,618 | +26.0% |
| Remuneration, social security and pensions | 62 | €37,046 | €57,580 | +€20,534 | +55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,280 | €14,349 | -€1,931 | -11.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€408 | €7,552 | +€7,960 | |
| Other operating charges | 640/8 | €6,727 | €6,767 | +€40 | +0.6% |
| Gross operating margin | 9900 | €274,451 | €323,822 | +€49,371 | +18.0% |
| Operating profit (loss) | 9901 | €214,806 | €237,575 | +€22,769 | +10.6% |
| Financial income | 75/76B | €5,928 | €13,793 | +€7,865 | +132.7% |
| Recurring financial income | 75 | €5,928 | €13,793 | +€7,865 | +132.7% |
| Financial charges | 65/66B | €902 | €55,927 | +€55,025 | +6100.7% |
| Recurring financial charges | 65 | €902 | €55,927 | +€55,025 | +6100.7% |
| Profit (loss) for the period before taxes | 9903 | €219,832 | €195,442 | -€24,391 | -11.1% |
| Income taxes | 67/77 | €66,435 | €71,727 | +€5,291 | +8.0% |
| Profit (loss) for the period | 9904 | €153,397 | €123,715 | -€29,682 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €153,397 | €123,715 | -€29,682 | -19.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.