AE CONSULTING & TRADING: what changed
AE CONSULTING & TRADING
Largest movements
- Stocks and contracts -€230,167
down €230,167 (-48.8%), from €471,804 to €241,638
- Cash -€90,766
down €90,766 (-35.9%), from €252,920 to €162,154
mainly Trade debts (-€215,007) and Other debts (-€78,473)
- Tangible fixed assets -€79,317
down €79,317 (-14.3%), from €554,735 to €475,417
- Receivables within one year +€44,198
up €44,198 (+13.8%), from €319,659 to €363,856
of which Other amounts receivable: +€187,022
- Trade debts -€215,007
down €215,007 (-50.2%), from €428,099 to €213,092
- Other debts -€78,473
down €78,473 (-65.2%), from €120,399 to €41,926
- Debts after one year -€61,793
down €61,793 (-15.8%), from €389,952 to €328,159
- Reserves +€61,101
up €61,101 (+12.8%), from €478,571 to €539,672
- Current portion of long-term debt -€30,303
down €30,303 (-32.9%), from €92,096 to €61,793
- Gross operating margin +€35,166
up €35,166 (+14.8%), from €237,647 to €272,813
- Taxes +€12,069
up €12,069 (+89.7%), from €13,449 to €25,518
- Staff costs +€9,495
up €9,495 (+13.4%), from €70,783 to €80,278
- Depreciation -€6,833
down €6,833 (-7.9%), from €86,150 to €79,317
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,606,962 | €1,248,509 | -€358,453 | -22.3% |
| Fixed assets | 21/28 | €554,735 | €475,417 | -€79,317 | -14.3% |
| Tangible fixed assets | 22/27 | €554,735 | €475,417 | -€79,317 | -14.3% |
| Land and buildings | 22 | €394,371 | €355,445 | -€38,926 | -9.9% |
| Plant, machinery and equipment | 23 | €22,343 | €19,180 | -€3,163 | -14.2% |
| Furniture and vehicles | 24 | €138,021 | €100,793 | -€37,229 | -27.0% |
| Current assets | 29/58 | €1,052,227 | €773,092 | -€279,135 | -26.5% |
| Stocks and contracts in progress | 3 | €471,804 | €241,638 | -€230,167 | -48.8% |
| Stocks | 30/36 | €471,804 | €241,638 | -€230,167 | -48.8% |
| Amounts receivable within one year | 40/41 | €319,659 | €363,856 | +€44,198 | +13.8% |
| Trade receivables | 40 | €200,683 | €57,859 | -€142,824 | -71.2% |
| Other amounts receivable | 41 | €118,976 | €305,997 | +€187,022 | +157% |
| Cash at bank and in hand | 54/58 | €252,920 | €162,154 | -€90,766 | -35.9% |
| Deferred charges and accrued income | 490/1 | €7,844 | €5,444 | -€2,400 | -30.6% |
| Total equity and liabilities | 10/49 | €1,606,962 | €1,248,509 | -€358,453 | -22.3% |
| Equity | 10/15 | €528,571 | €589,672 | +€61,101 | +11.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €478,571 | €539,672 | +€61,101 | +12.8% |
| Distributable reserves | 133 | €478,571 | €539,672 | +€61,101 | +12.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,078,390 | €658,837 | -€419,553 | -38.9% |
| Amounts payable after more than one year | 17 | €389,952 | €328,159 | -€61,793 | -15.8% |
| Financial debts | 170/4 | €389,952 | €328,159 | -€61,793 | -15.8% |
| Amounts payable within one year | 42/48 | €682,530 | €328,693 | -€353,837 | -51.8% |
| Current portion of amounts payable after more than one year | 42 | €92,096 | €61,793 | -€30,303 | -32.9% |
| Trade debts | 44 | €428,099 | €213,092 | -€215,007 | -50.2% |
| Suppliers | 440/4 | €428,099 | €213,092 | -€215,007 | -50.2% |
| Taxes, remuneration and social security | 45 | €41,936 | €11,883 | -€30,054 | -71.7% |
| Taxes | 450/3 | €41,936 | €4,878 | -€37,058 | -88.4% |
| Remuneration and social security | 454/9 | €0 | €7,005 | +€7,005 | |
| Other amounts payable | 47/48 | €120,399 | €41,926 | -€78,473 | -65.2% |
| Accrued charges and deferred income | 492/3 | €5,909 | €1,985 | -€3,924 | -66.4% |
| Non-recurring operating income | 76A | €5,116 | €0 | -€5,116 | -100% |
| Remuneration, social security and pensions | 62 | €70,783 | €80,278 | +€9,495 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,150 | €79,317 | -€6,833 | -7.9% |
| Other operating charges | 640/8 | €10,930 | €9,771 | -€1,159 | -10.6% |
| Gross operating margin | 9900 | €237,647 | €272,813 | +€35,166 | +14.8% |
| Operating profit (loss) | 9901 | €69,785 | €103,447 | +€33,662 | +48.2% |
| Financial income | 75/76B | €30 | €2,326 | +€2,296 | +7,653% |
| Recurring financial income | 75 | €30 | €2,326 | +€2,296 | +7,653% |
| Financial charges | 65/66B | €20,456 | €19,154 | -€1,302 | -6.4% |
| Recurring financial charges | 65 | €20,456 | €19,154 | -€1,302 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €49,359 | €86,619 | +€37,260 | +75.5% |
| Income taxes | 67/77 | €13,449 | €25,518 | +€12,069 | +89.7% |
| Profit (loss) for the period | 9904 | €35,910 | €61,101 | +€25,191 | +70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,910 | €61,101 | +€25,191 | +70.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.