AEM CONCEPT: 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.
AEM CONCEPT
Largest movements
- Cash +€17,088
up €17,088 (+221.4%), from €7,719 to €24,807
mainly Net result for the year (+€5,647) and Receivables within one year (+€3,946)
- Receivables within one year -€3,946
down €3,946 (-2.8%), from €140,854 to €136,908
of which Trade receivables: -€13,961
- Deferred charges and accrued income -€1,941
down €1,941 (-8.6%), from €22,461 to €20,520
- Profit (loss) carried forward +€5,647
up €5,647 (+17.6%), from €32,033 to €37,680
- Tax, wage and social debts +€3,107
up €3,107 (+13.5%), from €23,023 to €26,130
of which Remuneration and social security: +€9,383
- Trade debts +€2,859
up €2,859 (+4.2%), from €68,132 to €70,992
- Accrued charges and deferred income -€2,500
no longer reported in 2025 (was €2,500)
- Other debts +€2,250
new in 2025: €2,250
- Turnover +€458,943
new in 2025: €458,943
- Purchases and services +€423,249
new in 2025: €423,249
- Gross operating margin +€27,816
up €27,816 (+156.2%), from €17,811 to €45,627
- Staff costs +€22,399
new in 2025: €22,399
- Other operating charges +€4,850
up €4,850 (+147.7%), from €3,284 to €8,134
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 | €177,798 | €189,162 | +€11,363 | +6.4% |
| Fixed assets | 21/28 | €4,515 | €4,677 | +€162 | +3.6% |
| Tangible fixed assets | 22/27 | €4,515 | €3,327 | -€1,188 | -26.3% |
| Plant, machinery and equipment | 23 | €3,961 | €1,739 | -€2,222 | -56.1% |
| Furniture and vehicles | 24 | €555 | €1,588 | +€1,034 | +186.4% |
| Financial fixed assets | 28 | - | €1,350 | +€1,350 | |
| Current assets | 29/58 | €173,283 | €184,485 | +€11,201 | +6.5% |
| Stocks and contracts in progress | 3 | €2,250 | €2,250 | = | 0.0% |
| Stocks | 30/36 | €2,250 | €2,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €140,854 | €136,908 | -€3,946 | -2.8% |
| Trade receivables | 40 | €94,673 | €80,712 | -€13,961 | -14.7% |
| Other amounts receivable | 41 | €46,181 | €56,196 | +€10,015 | +21.7% |
| Cash at bank and in hand | 54/58 | €7,719 | €24,807 | +€17,088 | +221.4% |
| Deferred charges and accrued income | 490/1 | €22,461 | €20,520 | -€1,941 | -8.6% |
| Total equity and liabilities | 10/49 | €177,798 | €189,162 | +€11,363 | +6.4% |
| Equity | 10/15 | €84,143 | €89,790 | +€5,647 | +6.7% |
| Contributions | 10/11 | €20,100 | €20,100 | = | 0.0% |
| Reserves | 13 | €32,010 | €32,010 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,010 | €2,010 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,010 | €2,010 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,033 | €37,680 | +€5,647 | +17.6% |
| Amounts payable | 17/49 | €93,656 | €99,372 | +€5,716 | +6.1% |
| Amounts payable within one year | 42/48 | €91,156 | €99,372 | +€8,216 | +9.0% |
| Trade debts | 44 | €68,132 | €70,992 | +€2,859 | +4.2% |
| Suppliers | 440/4 | €68,132 | €70,992 | +€2,859 | +4.2% |
| Taxes, remuneration and social security | 45 | €23,023 | €26,130 | +€3,107 | +13.5% |
| Taxes | 450/3 | €23,023 | €16,747 | -€6,276 | -27.3% |
| Remuneration and social security | 454/9 | - | €9,383 | +€9,383 | |
| Other amounts payable | 47/48 | - | €2,250 | +€2,250 | |
| Accrued charges and deferred income | 492/3 | €2,500 | - | -€2,500 | |
| Turnover | 70 | - | €458,943 | +€458,943 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €423,249 | +€423,249 | |
| Remuneration, social security and pensions | 62 | - | €22,399 | +€22,399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,257 | €3,378 | -€1,879 | -35.7% |
| Other operating charges | 640/8 | €3,284 | €8,134 | +€4,850 | +147.7% |
| Gross operating margin | 9900 | €17,811 | €45,627 | +€27,816 | +156.2% |
| Operating profit (loss) | 9901 | €9,270 | €11,716 | +€2,447 | +26.4% |
| Financial income | 75/76B | €2,625 | €2,701 | +€76 | +2.9% |
| Recurring financial income | 75 | €2,625 | €2,701 | +€76 | +2.9% |
| Financial charges | 65/66B | €243 | €203 | -€40 | -16.4% |
| Recurring financial charges | 65 | €243 | €203 | -€40 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €11,651 | €14,214 | +€2,563 | +22.0% |
| Income taxes | 67/77 | €9,846 | €8,567 | -€1,279 | -13.0% |
| Profit (loss) for the period | 9904 | €1,805 | €5,647 | +€3,842 | +212.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,805 | €5,647 | +€3,842 | +212.8% |
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 30 September 2026 via checked.be.