AAIKO CONSULT: 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.
AAIKO CONSULT
Largest movements
- Receivables within one year +€88,833
up €88,833 (+8.9%), from €996,055 to €1.1m
of which Trade receivables: +€98,230
- Cash +€71,952
up €71,952 (+30.0%), from €239,974 to €311,926
mainly Net result for the year (+€111,369) and Trade debts (+€65,567)
- Tangible fixed assets +€44,779
up €44,779 (+9.5%), from €473,252 to €518,030
of which Land and buildings: +€49,429
- Reserves +€111,369
up €111,369 (+9.0%), from €1.2m to €1.3m
- Trade debts +€65,567
up €65,567 (+177.0%), from €37,048 to €102,615
- Tax, wage and social debts +€64,870
up €64,870 (+93.2%), from €69,592 to €134,462
of which Taxes: +€61,941
- Debts after one year -€29,788
down €29,788 (-30.2%), from €98,623 to €68,835
- Gross operating margin -€32,830
down €32,830 (-5.3%), from €618,555 to €585,725
- Staff costs +€14,459
up €14,459 (+4.1%), from €351,097 to €365,556
- Taxes -€14,289
down €14,289 (-20.4%), from €70,101 to €55,812
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 | €1,737,106 | €1,943,118 | +€206,011 | +11.9% |
| Fixed assets | 21/28 | €477,888 | €522,667 | +€44,779 | +9.4% |
| Tangible fixed assets | 22/27 | €473,252 | €518,030 | +€44,779 | +9.5% |
| Land and buildings | 22 | €463,573 | €513,002 | +€49,429 | +10.7% |
| Plant, machinery and equipment | 23 | €6,255 | €3,961 | -€2,294 | -36.7% |
| Furniture and vehicles | 24 | €3,424 | €1,067 | -€2,357 | -68.8% |
| Financial fixed assets | 28 | €4,636 | €4,636 | = | 0.0% |
| Current assets | 29/58 | €1,259,218 | €1,420,451 | +€161,233 | +12.8% |
| Amounts receivable within one year | 40/41 | €996,055 | €1,084,888 | +€88,833 | +8.9% |
| Trade receivables | 40 | €986,658 | €1,084,888 | +€98,230 | +10.0% |
| Other amounts receivable | 41 | €9,397 | - | -€9,397 | |
| Cash at bank and in hand | 54/58 | €239,974 | €311,926 | +€71,952 | +30.0% |
| Deferred charges and accrued income | 490/1 | €23,189 | €23,637 | +€448 | +1.9% |
| Total equity and liabilities | 10/49 | €1,737,106 | €1,943,118 | +€206,011 | +11.9% |
| Equity | 10/15 | €1,253,143 | €1,364,513 | +€111,369 | +8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,234,543 | €1,345,913 | +€111,369 | +9.0% |
| Distributable reserves | 133 | €1,234,543 | €1,345,913 | +€111,369 | +9.0% |
| Amounts payable | 17/49 | €483,963 | €578,605 | +€94,642 | +19.6% |
| Amounts payable after more than one year | 17 | €98,623 | €68,835 | -€29,788 | -30.2% |
| Financial debts | 170/4 | €98,623 | €68,835 | -€29,788 | -30.2% |
| Amounts payable within one year | 42/48 | €385,340 | €509,770 | +€124,430 | +32.3% |
| Current portion of amounts payable after more than one year | 42 | €37,939 | €29,788 | -€8,151 | -21.5% |
| Trade debts | 44 | €37,048 | €102,615 | +€65,567 | +177.0% |
| Suppliers | 440/4 | €37,048 | €102,615 | +€65,567 | +177.0% |
| Taxes, remuneration and social security | 45 | €69,592 | €134,462 | +€64,870 | +93.2% |
| Taxes | 450/3 | €27,658 | €89,599 | +€61,941 | +224.0% |
| Remuneration and social security | 454/9 | €41,934 | €44,863 | +€2,929 | +7.0% |
| Other amounts payable | 47/48 | €240,761 | €242,905 | +€2,144 | +0.9% |
| Non-recurring operating income | 76A | €998 | €1,132 | +€134 | +13.4% |
| Remuneration, social security and pensions | 62 | €351,097 | €365,556 | +€14,459 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,770 | €45,714 | -€2,056 | -4.3% |
| Other operating charges | 640/8 | €4,584 | €4,583 | -€1 | 0.0% |
| Gross operating margin | 9900 | €618,555 | €585,725 | -€32,830 | -5.3% |
| Operating profit (loss) | 9901 | €215,105 | €169,872 | -€45,232 | -21.0% |
| Financial income | 75/76B | €0 | €1,890 | +€1,890 | +2362650.0% |
| Recurring financial income | 75 | €0 | €1,890 | +€1,890 | +2362650.0% |
| Financial charges | 65/66B | €4,301 | €4,581 | +€280 | +6.5% |
| Recurring financial charges | 65 | €4,301 | €4,581 | +€280 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €210,804 | €167,182 | -€43,622 | -20.7% |
| Income taxes | 67/77 | €70,101 | €55,812 | -€14,289 | -20.4% |
| Profit (loss) for the period | 9904 | €140,703 | €111,369 | -€29,334 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €140,703 | €111,369 | -€29,334 | -20.8% |
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 12 October 2026 via checked.be.