AELPTOS: 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.
AELPTOS
Largest movements
- Cash -€28,965
down €28,965 (-30.4%), from €95,138 to €66,174
mainly Current investments (-€20,488) and Receivables within one year (-€14,886)
- Current investments +€20,488
new in 2025: €20,488
- Receivables within one year +€14,886
up €14,886 (+284.9%), from €5,225 to €20,111
of which Other amounts receivable: +€13,390
- Tangible fixed assets -€11,385
down €11,385 (-21.2%), from €53,599 to €42,214
- Reserves +€13,229
up €13,229 (+25.2%), from €52,399 to €65,628
- Debts after one year -€10,017
down €10,017 (-32.8%), from €30,543 to €20,526
- Other debts -€4,844
down €4,844 (-38.7%), from €12,513 to €7,669
- Tax, wage and social debts -€2,653
down €2,653 (-31.0%), from €8,556 to €5,903
- Gross operating margin -€15,635
down €15,635 (-28.4%), from €55,091 to €39,456
- Depreciation -€4,422
down €4,422 (-22.9%), from €19,272 to €14,850
- Taxes -€3,474
down €3,474 (-36.2%), from €9,583 to €6,110
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 | €158,844 | €155,088 | -€3,757 | -2.4% |
| Fixed assets | 21/28 | €53,604 | €42,214 | -€11,390 | -21.2% |
| Intangible fixed assets | 21 | €5 | - | -€5 | |
| Tangible fixed assets | 22/27 | €53,599 | €42,214 | -€11,385 | -21.2% |
| Furniture and vehicles | 24 | €53,599 | €42,214 | -€11,385 | -21.2% |
| Current assets | 29/58 | €105,240 | €112,873 | +€7,633 | +7.3% |
| Amounts receivable within one year | 40/41 | €5,225 | €20,111 | +€14,886 | +284.9% |
| Trade receivables | 40 | €5,225 | €6,721 | +€1,496 | +28.6% |
| Other amounts receivable | 41 | - | €13,390 | +€13,390 | |
| Current investments | 50/53 | - | €20,488 | +€20,488 | |
| Cash at bank and in hand | 54/58 | €95,138 | €66,174 | -€28,965 | -30.4% |
| Deferred charges and accrued income | 490/1 | €4,877 | €6,101 | +€1,224 | +25.1% |
| Total equity and liabilities | 10/49 | €158,844 | €155,088 | -€3,757 | -2.4% |
| Equity | 10/15 | €97,059 | €110,289 | +€13,229 | +13.6% |
| Reserves | 13 | €52,399 | €65,628 | +€13,229 | +25.2% |
| Distributable reserves | 133 | €52,399 | €65,628 | +€13,229 | +25.2% |
| Profit (loss) carried forward | 14 | €44,661 | €44,661 | = | 0.0% |
| Amounts payable | 17/49 | €61,785 | €44,799 | -€16,986 | -27.5% |
| Amounts payable after more than one year | 17 | €30,543 | €20,526 | -€10,017 | -32.8% |
| Financial debts | 170/4 | €30,543 | €20,526 | -€10,017 | -32.8% |
| Amounts payable within one year | 42/48 | €31,242 | €24,233 | -€7,009 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €9,570 | €10,017 | +€447 | +4.7% |
| Trade debts | 44 | €602 | €643 | +€42 | +6.9% |
| Suppliers | 440/4 | €602 | €643 | +€42 | +6.9% |
| Taxes, remuneration and social security | 45 | €8,556 | €5,903 | -€2,653 | -31.0% |
| Taxes | 450/3 | €8,556 | €5,903 | -€2,653 | -31.0% |
| Other amounts payable | 47/48 | €12,513 | €7,669 | -€4,844 | -38.7% |
| Accrued charges and deferred income | 492/3 | - | €40 | +€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,272 | €14,850 | -€4,422 | -22.9% |
| Other operating charges | 640/8 | €542 | €1,040 | +€499 | +92.1% |
| Non-recurring operating charges | 66A | - | €1,076 | +€1,076 | |
| Gross operating margin | 9900 | €55,091 | €39,456 | -€15,635 | -28.4% |
| Operating profit (loss) | 9901 | €35,278 | €22,490 | -€12,787 | -36.2% |
| Financial income | 75/76B | €7 | €26 | +€19 | +288.6% |
| Recurring financial income | 75 | €7 | €26 | +€19 | +288.6% |
| Financial charges | 65/66B | €3,148 | €3,177 | +€29 | +0.9% |
| Recurring financial charges | 65 | €3,148 | €3,177 | +€29 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €32,137 | €19,339 | -€12,797 | -39.8% |
| Income taxes | 67/77 | €9,583 | €6,110 | -€3,474 | -36.2% |
| Profit (loss) for the period | 9904 | €22,553 | €13,229 | -€9,324 | -41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,553 | €13,229 | -€9,324 | -41.3% |
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 11 October 2026 via checked.be.