AEB PROJECT I: 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.
AEB PROJECT I
Largest movements
- Receivables within one year +€256,911
up €256,911 (+4,145%), from €6,198 to €263,109
- Stocks and contracts +€27,500
up €27,500 (+17.3%), from €159,316 to €186,816
- Short-term financial debts +€500,000
new in 2025: €500,000
- Other debts -€191,181
down €191,181 (-31.6%), from €604,447 to €413,266
- Profit (loss) carried forward -€21,345
down €21,345 (-4.7%), from -€457,921 to -€479,266
- Other operating charges +€17,345
new in 2025: €17,345
- Financial income +€7,193
up €7,193 (+359,650%), from €2 to €7,195
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 | €165,524 | €452,600 | +€287,076 | +173% |
| Current assets | 29/58 | €165,524 | €452,600 | +€287,076 | +173% |
| Stocks and contracts in progress | 3 | €159,316 | €186,816 | +€27,500 | +17.3% |
| Stocks | 30/36 | €159,316 | €186,816 | +€27,500 | +17.3% |
| Amounts receivable within one year | 40/41 | €6,198 | €263,109 | +€256,911 | +4,145% |
| Other amounts receivable | 41 | €6,198 | €263,109 | +€256,911 | +4,145% |
| Cash at bank and in hand | 54/58 | €10 | €2,675 | +€2,665 | +26,650% |
| Total equity and liabilities | 10/49 | €165,524 | €452,600 | +€287,076 | +173% |
| Equity | 10/15 | -€439,321 | -€460,666 | -€21,345 | -4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€457,921 | -€479,266 | -€21,345 | -4.7% |
| Amounts payable | 17/49 | €604,845 | €913,266 | +€308,421 | +51.0% |
| Amounts payable within one year | 42/48 | €604,845 | €913,266 | +€308,421 | +51.0% |
| Financial debts | 43 | - | €500,000 | +€500,000 | |
| Other loans | 439 | - | €500,000 | +€500,000 | |
| Trade debts | 44 | €398 | - | -€398 | |
| Suppliers | 440/4 | €398 | - | -€398 | |
| Other amounts payable | 47/48 | €604,447 | €413,266 | -€191,181 | -31.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€73 | - | +€73 | |
| Other operating charges | 640/8 | - | €17,345 | +€17,345 | |
| Operating profit (loss) | 9901 | €73 | -€17,345 | -€17,418 | |
| Financial income | 75/76B | €2 | €7,195 | +€7,193 | +359,650% |
| Recurring financial income | 75 | €2 | €7,195 | +€7,193 | +359,650% |
| Financial charges | 65/66B | €15,300 | €11,195 | -€4,105 | -26.8% |
| Recurring financial charges | 65 | €15,300 | €11,195 | -€4,105 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,225 | -€21,345 | -€6,120 | -40.2% |
| Profit (loss) for the period | 9904 | -€15,225 | -€21,345 | -€6,120 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,225 | -€21,345 | -€6,120 | -40.2% |
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 13 October 2026 via checked.be.