AECT: what changed
Two fiscal 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.
AECT
Largest movements
- Cash -€55,701
down €55,701 (-29.3%), from €189,889 to €134,188
mainly Receivables within one year (-€27,348) and Tax, wage and social debts (-€11,307)
- Receivables within one year +€27,348
up €27,348 (+157.4%), from €17,376 to €44,724
- Tangible fixed assets -€4,358
down €4,358 (-30.8%), from €14,161 to €9,803
of which Furniture and vehicles: -€2,563
- Tax, wage and social debts -€11,307
down €11,307 (-95.7%), from €11,810 to €503
- Profit (loss) carried forward -€7,777
down €7,777 (-224.7%), from -€3,461 to -€11,238
- Other debts -€7,110
down €7,110 (-93.9%), from €7,576 to €466
- Trade debts -€6,517
down €6,517 (-74.7%), from €8,723 to €2,206
- Gross operating margin -€2,997
down €2,997, from €353 to -€2,644
- Depreciation +€1,058
up €1,058 (+32.1%), from €3,300 to €4,358
- Financial charges +€487
up €487 (+512.6%), from €95 to €582
- Staff costs -€322
no longer reported in 2025 (was €322)
- Financial income -€69
down €69 (-14.1%), from €493 to €423
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 | €221,426 | €188,715 | -€32,711 | -14.8% |
| Fixed assets | 21/28 | €14,161 | €9,803 | -€4,358 | -30.8% |
| Tangible fixed assets | 22/27 | €14,161 | €9,803 | -€4,358 | -30.8% |
| Land and buildings | 22 | €1,302 | €264 | -€1,038 | -79.7% |
| Plant, machinery and equipment | 23 | €1,521 | €764 | -€757 | -49.8% |
| Furniture and vehicles | 24 | €11,338 | €8,775 | -€2,563 | -22.6% |
| Current assets | 29/58 | €207,265 | €178,912 | -€28,354 | -13.7% |
| Amounts receivable within one year | 40/41 | €17,376 | €44,724 | +€27,348 | +157.4% |
| Trade receivables | 40 | €17,376 | €44,724 | +€27,348 | +157.4% |
| Cash at bank and in hand | 54/58 | €189,889 | €134,188 | -€55,701 | -29.3% |
| Total equity and liabilities | 10/49 | €221,426 | €188,715 | -€32,711 | -14.8% |
| Equity | 10/15 | €193,318 | €185,540 | -€7,777 | -4.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €176,778 | €176,778 | = | 0.0% |
| Distributable reserves | 133 | €176,778 | €176,778 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,461 | -€11,238 | -€7,777 | -224.7% |
| Amounts payable | 17/49 | €28,109 | €3,175 | -€24,934 | -88.7% |
| Amounts payable within one year | 42/48 | €28,109 | €3,175 | -€24,934 | -88.7% |
| Trade debts | 44 | €8,723 | €2,206 | -€6,517 | -74.7% |
| Suppliers | 440/4 | €8,723 | €2,206 | -€6,517 | -74.7% |
| Taxes, remuneration and social security | 45 | €11,810 | €503 | -€11,307 | -95.7% |
| Taxes | 450/3 | €11,810 | €503 | -€11,307 | -95.7% |
| Other amounts payable | 47/48 | €7,576 | €466 | -€7,110 | -93.9% |
| Remuneration, social security and pensions | 62 | €322 | - | -€322 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,300 | €4,358 | +€1,058 | +32.1% |
| Other operating charges | 640/8 | €590 | €618 | +€28 | +4.7% |
| Gross operating margin | 9900 | €353 | -€2,644 | -€2,997 | |
| Operating profit (loss) | 9901 | -€3,859 | -€7,619 | -€3,760 | -97.4% |
| Financial income | 75/76B | €493 | €423 | -€69 | -14.1% |
| Recurring financial income | 75 | €493 | €423 | -€69 | -14.1% |
| Financial charges | 65/66B | €95 | €582 | +€487 | +512.6% |
| Recurring financial charges | 65 | €95 | €582 | +€487 | +512.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,461 | -€7,777 | -€4,316 | -124.7% |
| Profit (loss) for the period | 9904 | -€3,461 | -€7,777 | -€4,316 | -124.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,461 | -€7,777 | -€4,316 | -124.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.