A.I.R. 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.
A.I.R. CONCEPT
Largest movements
- Receivables within one year +€20,636
up €20,636 (+52.4%), from €39,395 to €60,031
of which Trade receivables: +€22,970
- Cash -€7,031
down €7,031 (-7.7%), from €91,747 to €84,715
mainly Receivables within one year (-€20,636) and Other debts (-€6,471)
- Tangible fixed assets +€1,979
up €1,979 (+216%), from €918 to €2,897
of which Furniture and vehicles: +€1,198
- Reserves +€20,788
up €20,788 (+58.9%), from €35,295 to €56,083
of which Distributable reserves: +€20,788
- Other debts -€6,471
down €6,471 (-13.0%), from €49,614 to €43,142
- Tax, wage and social debts +€5,913
up €5,913 (+104%), from €5,664 to €11,577
of which Remuneration and social security: +€5,904
- Trade debts -€2,786
down €2,786 (-12.4%), from €22,525 to €19,739
- Gross operating margin +€58,499
up €58,499 (+81.2%), from €72,039 to €130,538
- Staff costs +€12,813
up €12,813 (+13.8%), from €92,610 to €105,423
- Taxes +€2,245
up €2,245, from €0 to €2,245
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 | €133,271 | €149,388 | +€16,117 | +12.1% |
| Fixed assets | 21/28 | €918 | €2,897 | +€1,979 | +216% |
| Tangible fixed assets | 22/27 | €918 | €2,897 | +€1,979 | +216% |
| Plant, machinery and equipment | 23 | €132 | €939 | +€807 | +611% |
| Furniture and vehicles | 24 | €654 | €1,852 | +€1,198 | +183% |
| Other tangible fixed assets | 26 | €132 | €106 | -€26 | -20.0% |
| Current assets | 29/58 | €132,352 | €146,491 | +€14,139 | +10.7% |
| Amounts receivable within one year | 40/41 | €39,395 | €60,031 | +€20,636 | +52.4% |
| Trade receivables | 40 | €30,487 | €53,457 | +€22,970 | +75.3% |
| Other amounts receivable | 41 | €8,908 | €6,574 | -€2,334 | -26.2% |
| Cash at bank and in hand | 54/58 | €91,747 | €84,715 | -€7,031 | -7.7% |
| Deferred charges and accrued income | 490/1 | €1,211 | €1,745 | +€534 | +44.1% |
| Total equity and liabilities | 10/49 | €133,271 | €149,388 | +€16,117 | +12.1% |
| Equity | 10/15 | €54,135 | €74,923 | +€20,788 | +38.4% |
| Contributions | 10/11 | €18,840 | €18,840 | = | 0.0% |
| Reserves | 13 | €35,295 | €56,083 | +€20,788 | +58.9% |
| Non-distributable reserves | 130/1 | €1,884 | €1,884 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,884 | €1,884 | = | 0.0% |
| Distributable reserves | 133 | €33,411 | €54,199 | +€20,788 | +62.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €79,136 | €74,465 | -€4,671 | -5.9% |
| Amounts payable within one year | 42/48 | €78,402 | €74,465 | -€3,937 | -5.0% |
| Financial debts | 43 | €599 | €7 | -€592 | -98.8% |
| Credit institutions | 430/8 | €599 | €7 | -€592 | -98.8% |
| Trade debts | 44 | €22,525 | €19,739 | -€2,786 | -12.4% |
| Suppliers | 440/4 | €22,525 | €19,739 | -€2,786 | -12.4% |
| Taxes, remuneration and social security | 45 | €5,664 | €11,577 | +€5,913 | +104% |
| Taxes | 450/3 | €0 | €9 | +€9 | |
| Remuneration and social security | 454/9 | €5,664 | €11,568 | +€5,904 | +104% |
| Other amounts payable | 47/48 | €49,614 | €43,142 | -€6,471 | -13.0% |
| Accrued charges and deferred income | 492/3 | €734 | €0 | -€734 | -100% |
| Remuneration, social security and pensions | 62 | €92,610 | €105,423 | +€12,813 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,533 | €788 | -€745 | -48.6% |
| Other operating charges | 640/8 | €1,273 | €1,103 | -€170 | -13.3% |
| Gross operating margin | 9900 | €72,039 | €130,538 | +€58,499 | +81.2% |
| Operating profit (loss) | 9901 | -€23,377 | €23,224 | +€46,601 | |
| Financial income | 75/76B | €155 | €274 | +€119 | +76.8% |
| Recurring financial income | 75 | €155 | €274 | +€119 | +76.8% |
| Financial charges | 65/66B | €998 | €465 | -€533 | -53.4% |
| Recurring financial charges | 65 | €998 | €465 | -€533 | -53.4% |
| Profit (loss) for the period before taxes | 9903 | -€24,220 | €23,033 | +€47,252 | |
| Income taxes | 67/77 | €0 | €2,245 | +€2,245 | |
| Profit (loss) for the period | 9904 | -€24,220 | €20,788 | +€45,008 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,220 | €20,788 | +€45,008 |
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 14 October 2026 via checked.be.