AEK TECHNICS: what changed
AEK TECHNICS
Largest movements
- Cash -€14,124
down €14,124 (-27.5%), from €51,389 to €37,266
mainly Receivables within one year (-€14,056) and Investment in fixed assets (net) (-€7,738)
- Receivables within one year +€14,056
up €14,056 (+52.9%), from €26,551 to €40,607
of which Trade receivables: +€9,041
- Stocks and contracts -€4,519
down €4,519 (-50.4%), from €8,972 to €4,453
- Deferred charges and accrued income +€2,695
up €2,695 (+95.8%), from €2,813 to €5,508
- Current portion of long-term debt -€4,347
no longer reported in 2025 (was €4,347)
- Advances received +€3,317
up €3,317 (+474%), from €700 to €4,017
- Other debts -€2,778
down €2,778 (-22.0%), from €12,617 to €9,840
- Trade debts +€2,714
up €2,714 (+157%), from €1,729 to €4,443
- Tax, wage and social debts +€2,465
up €2,465 (+65.1%), from €3,786 to €6,251
of which Taxes: +€2,465
- Depreciation -€4,756
down €4,756 (-36.8%), from €12,919 to €8,164
- Gross operating margin +€4,625
up €4,625 (+213%), from €2,169 to €6,794
- Financial income +€603
up €603 (+206%), from €293 to €896
- Other operating charges -€468
down €468 (-35.5%), from €1,317 to €849
- Financial charges -€135
down €135 (-50.3%), from €269 to €133
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 | €97,334 | €95,016 | -€2,318 | -2.4% |
| Fixed assets | 21/28 | €7,609 | €7,183 | -€426 | -5.6% |
| Tangible fixed assets | 22/27 | €7,609 | €7,183 | -€426 | -5.6% |
| Plant, machinery and equipment | 23 | €1,709 | €3,680 | +€1,971 | +115% |
| Furniture and vehicles | 24 | - | €3,503 | +€3,503 | |
| Leasing and similar rights | 25 | €5,900 | - | -€5,900 | |
| Current assets | 29/58 | €89,725 | €87,833 | -€1,892 | -2.1% |
| Stocks and contracts in progress | 3 | €8,972 | €4,453 | -€4,519 | -50.4% |
| Stocks | 30/36 | €8,972 | €4,453 | -€4,519 | -50.4% |
| Amounts receivable within one year | 40/41 | €26,551 | €40,607 | +€14,056 | +52.9% |
| Trade receivables | 40 | €20,669 | €29,711 | +€9,041 | +43.7% |
| Other amounts receivable | 41 | €5,881 | €10,897 | +€5,015 | +85.3% |
| Cash at bank and in hand | 54/58 | €51,389 | €37,266 | -€14,124 | -27.5% |
| Deferred charges and accrued income | 490/1 | €2,813 | €5,508 | +€2,695 | +95.8% |
| Total equity and liabilities | 10/49 | €97,334 | €95,016 | -€2,318 | -2.4% |
| Equity | 10/15 | €66,543 | €64,955 | -€1,588 | -2.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €74,714 | €74,714 | = | 0.0% |
| Distributable reserves | 133 | €74,714 | €74,714 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,171 | -€13,759 | -€1,588 | -13.1% |
| Amounts payable | 17/49 | €30,791 | €30,061 | -€729 | -2.4% |
| Amounts payable within one year | 42/48 | €23,179 | €24,550 | +€1,371 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €4,347 | - | -€4,347 | |
| Trade debts | 44 | €1,729 | €4,443 | +€2,714 | +157% |
| Suppliers | 440/4 | €1,729 | €4,443 | +€2,714 | +157% |
| Advances received on contracts in progress | 46 | €700 | €4,017 | +€3,317 | +474% |
| Taxes, remuneration and social security | 45 | €3,786 | €6,251 | +€2,465 | +65.1% |
| Taxes | 450/3 | €2,286 | €4,751 | +€2,465 | +108% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €12,617 | €9,840 | -€2,778 | -22.0% |
| Accrued charges and deferred income | 492/3 | €7,612 | €5,511 | -€2,101 | -27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,919 | €8,164 | -€4,756 | -36.8% |
| Other operating charges | 640/8 | €1,317 | €849 | -€468 | -35.5% |
| Gross operating margin | 9900 | €2,169 | €6,794 | +€4,625 | +213% |
| Operating profit (loss) | 9901 | -€12,067 | -€2,219 | +€9,849 | +81.6% |
| Financial income | 75/76B | €293 | €896 | +€603 | +206% |
| Recurring financial income | 75 | €293 | €896 | +€603 | +206% |
| Financial charges | 65/66B | €269 | €133 | -€135 | -50.3% |
| Recurring financial charges | 65 | €269 | €133 | -€135 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,043 | -€1,456 | +€10,587 | +87.9% |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€12,171 | -€1,588 | +€10,583 | +86.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,171 | -€1,588 | +€10,583 | +86.9% |
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 6 November 2026 via checked.be.