AENSPECK: 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.
AENSPECK
Largest movements
- Tangible fixed assets -€31,371
no longer reported in 2025 (was €31,371)
- Receivables within one year -€28,673
down €28,673 (-94.7%), from €30,265 to €1,591
of which Trade receivables: -€20,425
- Cash +€10,349
up €10,349 (+3.7%), from €278,148 to €288,497
mainly Investment in fixed assets (net) (+€31,371) and Receivables within one year (+€28,673)
- Tax, wage and social debts -€29,288
no longer reported in 2025 (was €29,288)
of which Remuneration and social security: -€18,044
- Profit (loss) carried forward -€15,801
down €15,801 (-15.0%), from €105,369 to €89,568
- Gross operating margin -€113,101
down €113,101, from €105,411 to -€7,690
- Staff costs -€66,631
no longer reported in 2025 (was €66,631)
- Depreciation -€10,125
no longer reported in 2025 (was €10,125)
- Taxes -€6,861
no longer reported in 2025 (was €6,861)
- Financial income +€3,305
up €3,305 (+395%), from €837 to €4,142
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 | €371,977 | €322,281 | -€49,695 | -13.4% |
| Fixed assets | 21/28 | €31,976 | €605 | -€31,371 | -98.1% |
| Tangible fixed assets | 22/27 | €31,371 | - | -€31,371 | |
| Furniture and vehicles | 24 | €31,371 | - | -€31,371 | |
| Financial fixed assets | 28 | €605 | €605 | = | 0.0% |
| Current assets | 29/58 | €340,001 | €321,676 | -€18,324 | -5.4% |
| Amounts receivable within one year | 40/41 | €30,265 | €1,591 | -€28,673 | -94.7% |
| Trade receivables | 40 | €20,425 | - | -€20,425 | |
| Other amounts receivable | 41 | €9,840 | €1,591 | -€8,248 | -83.8% |
| Current investments | 50/53 | €31,588 | €31,588 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €278,148 | €288,497 | +€10,349 | +3.7% |
| Total equity and liabilities | 10/49 | €371,977 | €322,281 | -€49,695 | -13.4% |
| Equity | 10/15 | €338,093 | €320,418 | -€17,676 | -5.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €155,849 | €155,849 | = | 0.0% |
| Non-distributable reserves | 130/1 | €39,088 | €39,088 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Own shares acquired | 1312 | €31,588 | €31,588 | = | 0.0% |
| Distributable reserves | 133 | €116,762 | €116,762 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,369 | €89,568 | -€15,801 | -15.0% |
| Investment grants | 15 | €1,875 | - | -€1,875 | |
| Amounts payable | 17/49 | €33,883 | €1,864 | -€32,020 | -94.5% |
| Amounts payable within one year | 42/48 | €33,883 | €1,864 | -€32,020 | -94.5% |
| Current portion of amounts payable after more than one year | 42 | €2,554 | - | -€2,554 | |
| Trade debts | 44 | €1,521 | €55 | -€1,466 | -96.4% |
| Suppliers | 440/4 | €1,521 | €55 | -€1,466 | -96.4% |
| Taxes, remuneration and social security | 45 | €29,288 | - | -€29,288 | |
| Taxes | 450/3 | €11,244 | - | -€11,244 | |
| Remuneration and social security | 454/9 | €18,044 | - | -€18,044 | |
| Other amounts payable | 47/48 | €520 | €1,809 | +€1,289 | +248% |
| Non-recurring operating income | 76A | - | €14,250 | +€14,250 | |
| Remuneration, social security and pensions | 62 | €66,631 | - | -€66,631 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,125 | - | -€10,125 | |
| Other operating charges | 640/8 | €1,728 | €867 | -€861 | -49.8% |
| Non-recurring operating charges | 66A | €250 | €10,371 | +€10,121 | +4,048% |
| Gross operating margin | 9900 | €105,411 | -€7,690 | -€113,101 | |
| Operating profit (loss) | 9901 | €26,678 | -€18,928 | -€45,605 | |
| Financial income | 75/76B | €837 | €4,142 | +€3,305 | +395% |
| Recurring financial income | 75 | €837 | €4,142 | +€3,305 | +395% |
| Financial charges | 65/66B | €898 | €1,015 | +€117 | +13.1% |
| Recurring financial charges | 65 | €898 | €1,015 | +€117 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €26,616 | -€15,801 | -€42,417 | |
| Income taxes | 67/77 | €6,861 | - | -€6,861 | |
| Profit (loss) for the period | 9904 | €19,756 | -€15,801 | -€35,557 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,756 | -€15,801 | -€35,557 |
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 17 October 2026 via checked.be.