AEDES CORPUS: 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.
AEDES CORPUS
Largest movements
- Intangible fixed assets +€174,921
up €174,921 (+47.7%), from €366,480 to €541,401
- Cash -€39,863
down €39,863 (-81.9%), from €48,693 to €8,830
mainly Investment in fixed assets (net) (-€289,201) and Debts after one year (-€110,000)
- Profit (loss) carried forward +€141,564
up €141,564 (+64.6%), from -€219,018 to -€77,454
- Debts after one year -€110,000
down €110,000 (-25.0%), from €440,000 to €330,000
- Trade debts +€69,852
up €69,852 (+284%), from €24,553 to €94,405
- Accrued charges and deferred income +€23,710
up €23,710 (+56.4%), from €42,055 to €65,765
- Gross operating margin +€189,721
up €189,721 (+159%), from €119,247 to €308,968
- Depreciation +€55,048
up €55,048 (+86.9%), from €63,380 to €118,428
- Financial charges +€10,171
up €10,171 (+232%), from €4,386 to €14,557
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 | €468,890 | €598,184 | +€129,294 | +27.6% |
| Fixed assets | 21/28 | €382,628 | €553,401 | +€170,773 | +44.6% |
| Intangible fixed assets | 21 | €366,480 | €541,401 | +€174,921 | +47.7% |
| Tangible fixed assets | 22/27 | €4,018 | €0 | -€4,018 | -100% |
| Furniture and vehicles | 24 | €4,018 | €0 | -€4,018 | -100% |
| Financial fixed assets | 28 | €12,130 | €12,000 | -€130 | -1.1% |
| Current assets | 29/58 | €86,262 | €44,783 | -€41,479 | -48.1% |
| Amounts receivable within one year | 40/41 | €33,510 | €32,135 | -€1,375 | -4.1% |
| Trade receivables | 40 | €33,510 | €32,135 | -€1,375 | -4.1% |
| Cash at bank and in hand | 54/58 | €48,693 | €8,830 | -€39,863 | -81.9% |
| Deferred charges and accrued income | 490/1 | €4,058 | €3,818 | -€240 | -5.9% |
| Total equity and liabilities | 10/49 | €468,890 | €598,184 | +€129,294 | +27.6% |
| Equity | 10/15 | -€155,658 | -€14,094 | +€141,564 | +90.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€219,018 | -€77,454 | +€141,564 | +64.6% |
| Amounts payable | 17/49 | €624,547 | €612,278 | -€12,269 | -2.0% |
| Amounts payable after more than one year | 17 | €440,000 | €330,000 | -€110,000 | -25.0% |
| Financial debts | 170/4 | €440,000 | €330,000 | -€110,000 | -25.0% |
| Amounts payable within one year | 42/48 | €142,492 | €216,513 | +€74,020 | +51.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €24,553 | €94,405 | +€69,852 | +284% |
| Suppliers | 440/4 | €24,553 | €94,405 | +€69,852 | +284% |
| Taxes, remuneration and social security | 45 | €7,939 | €12,108 | +€4,169 | +52.5% |
| Taxes | 450/3 | €4,037 | €8,067 | +€4,029 | +99.8% |
| Remuneration and social security | 454/9 | €3,902 | €4,041 | +€140 | +3.6% |
| Other amounts payable | 47/48 | €110,000 | €110,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €42,055 | €65,765 | +€23,710 | +56.4% |
| Remuneration, social security and pensions | 62 | €32,183 | €33,468 | +€1,284 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,380 | €118,428 | +€55,048 | +86.9% |
| Other operating charges | 640/8 | €1,156 | €951 | -€206 | -17.8% |
| Gross operating margin | 9900 | €119,247 | €308,968 | +€189,721 | +159% |
| Operating profit (loss) | 9901 | €22,527 | €156,121 | +€133,593 | +593% |
| Financial charges | 65/66B | €4,386 | €14,557 | +€10,171 | +232% |
| Recurring financial charges | 65 | €4,386 | €14,557 | +€10,171 | +232% |
| Profit (loss) for the period before taxes | 9903 | €18,141 | €141,564 | +€123,422 | +680% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €18,141 | €141,564 | +€123,422 | +680% |
| Profit (loss) for the period to be appropriated | 9905 | €18,141 | €141,564 | +€123,422 | +680% |
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 15 October 2026 via checked.be.