A L'AIR LIBRE: 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 L'AIR LIBRE
Largest movements
- Receivables within one year -€1,221
down €1,221 (-100%), from €1,221 to €0
of which Other amounts receivable: -€697
- Deferred charges and accrued income -€761
down €761 (-100%), from €761 to €0
- Cash -€383
down €383 (-83.7%), from €457 to €75
mainly Net result for the year (-€124,589) and Investment in fixed assets (net) (-€10,456)
- Profit (loss) carried forward -€124,589
down €124,589 (-317%), from -€39,315 to -€163,904
- Tax, wage and social debts +€68,834
up €68,834, from €0 to €68,834
of which Remuneration and social security: +€53,198
- Other debts +€47,521
up €47,521 (+151%), from €31,449 to €78,969
- Trade debts +€10,368
up €10,368 (+121%), from €8,550 to €18,918
- Debts after one year -€4,584
down €4,584 (-37.2%), from €12,335 to €7,751
- Staff costs +€142,530
up €142,530, from -€569 to €141,962
- Gross operating margin +€20,760
up €20,760 (+184%), from €11,279 to €32,039
- Other operating charges +€1,887
up €1,887 (+388%), from €487 to €2,373
- Depreciation +€1,662
up €1,662 (+18.6%), from €8,924 to €10,586
- Financial charges -€1,643
down €1,643 (-49.0%), from €3,350 to €1,707
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 | €32,646 | €30,152 | -€2,494 | -7.6% |
| Fixed assets | 21/28 | €30,207 | €30,078 | -€130 | -0.4% |
| Tangible fixed assets | 22/27 | €30,207 | €30,078 | -€130 | -0.4% |
| Furniture and vehicles | 24 | €23,280 | €16,247 | -€7,033 | -30.2% |
| Other tangible fixed assets | 26 | €6,928 | €13,831 | +€6,903 | +99.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €2,439 | €75 | -€2,364 | -96.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,221 | €0 | -€1,221 | -100% |
| Trade receivables | 40 | €524 | €0 | -€524 | -100% |
| Other amounts receivable | 41 | €697 | €0 | -€697 | -100% |
| Cash at bank and in hand | 54/58 | €457 | €75 | -€383 | -83.7% |
| Deferred charges and accrued income | 490/1 | €761 | €0 | -€761 | -100% |
| Total equity and liabilities | 10/49 | €32,646 | €30,152 | -€2,494 | -7.6% |
| Equity | 10/15 | -€24,315 | -€148,904 | -€124,589 | -512% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,315 | -€163,904 | -€124,589 | -317% |
| Amounts payable | 17/49 | €56,961 | €179,056 | +€122,095 | +214% |
| Amounts payable after more than one year | 17 | €12,335 | €7,751 | -€4,584 | -37.2% |
| Financial debts | 170/4 | €12,335 | €7,751 | -€4,584 | -37.2% |
| Amounts payable within one year | 42/48 | €44,626 | €171,305 | +€126,679 | +284% |
| Current portion of amounts payable after more than one year | 42 | €4,628 | €4,584 | -€43 | -0.9% |
| Trade debts | 44 | €8,550 | €18,918 | +€10,368 | +121% |
| Suppliers | 440/4 | €8,550 | €18,918 | +€10,368 | +121% |
| Taxes, remuneration and social security | 45 | €0 | €68,834 | +€68,834 | |
| Taxes | 450/3 | €0 | €15,636 | +€15,636 | |
| Remuneration and social security | 454/9 | €0 | €53,198 | +€53,198 | |
| Other amounts payable | 47/48 | €31,449 | €78,969 | +€47,521 | +151% |
| Remuneration, social security and pensions | 62 | -€569 | €141,962 | +€142,530 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,924 | €10,586 | +€1,662 | +18.6% |
| Other operating charges | 640/8 | €487 | €2,373 | +€1,887 | +388% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €11,279 | €32,039 | +€20,760 | +184% |
| Operating profit (loss) | 9901 | €2,437 | -€122,882 | -€125,318 | |
| Financial income | 75/76B | €2 | €0 | -€2 | -99.6% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.6% |
| Financial charges | 65/66B | €3,350 | €1,707 | -€1,643 | -49.0% |
| Recurring financial charges | 65 | €3,350 | €1,707 | -€1,643 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | -€911 | -€124,589 | -€123,678 | -13,573% |
| Profit (loss) for the period | 9904 | -€911 | -€124,589 | -€123,678 | -13,573% |
| Profit (loss) for the period to be appropriated | 9905 | -€911 | -€124,589 | -€123,678 | -13,573% |
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 16 October 2026 via checked.be.