AERIAL CONSULT: what changed
AERIAL CONSULT
Largest movements
- Tangible fixed assets -€11,650
down €11,650 (-32.5%), from €35,888 to €24,238
- Cash -€9,322
down €9,322 (-31.6%), from €29,498 to €20,177
mainly Other debts (-€17,997) and Trade debts (-€5,549)
- Receivables within one year -€8,194
down €8,194 (-79.8%), from €10,268 to €2,075
of which Trade receivables: -€8,714
- Deferred charges and accrued income -€6,643
down €6,643 (-83.6%), from €7,943 to €1,300
- Other debts -€17,997
down €17,997 (-66.0%), from €27,268 to €9,271
- Trade debts -€5,549
down €5,549 (-87.5%), from €6,342 to €793
- Profit (loss) carried forward -€5,155
down €5,155 (-47.8%), from €10,782 to €5,627
- Debts after one year -€3,444
no longer reported in 2025 (was €3,444)
- Current portion of long-term debt -€2,349
down €2,349 (-40.5%), from €5,792 to €3,444
- Gross operating margin -€14,455
down €14,455 (-64.5%), from €22,404 to €7,949
- Depreciation +€4,561
up €4,561 (+64.4%), from €7,088 to €11,650
- Taxes -€3,058
down €3,058 (-95.7%), from €3,195 to €136
- Other operating charges +€265
up €265 (+28.8%), from €919 to €1,184
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 | €83,598 | €47,790 | -€35,808 | -42.8% |
| Fixed assets | 21/28 | €35,888 | €24,238 | -€11,650 | -32.5% |
| Tangible fixed assets | 22/27 | €35,888 | €24,238 | -€11,650 | -32.5% |
| Furniture and vehicles | 24 | €35,888 | €24,238 | -€11,650 | -32.5% |
| Current assets | 29/58 | €47,710 | €23,552 | -€24,159 | -50.6% |
| Amounts receivable within one year | 40/41 | €10,268 | €2,075 | -€8,194 | -79.8% |
| Trade receivables | 40 | €8,825 | €111 | -€8,714 | -98.7% |
| Other amounts receivable | 41 | €1,443 | €1,964 | +€520 | +36.1% |
| Cash at bank and in hand | 54/58 | €29,498 | €20,177 | -€9,322 | -31.6% |
| Deferred charges and accrued income | 490/1 | €7,943 | €1,300 | -€6,643 | -83.6% |
| Total equity and liabilities | 10/49 | €83,598 | €47,790 | -€35,808 | -42.8% |
| Equity | 10/15 | €37,242 | €32,087 | -€5,155 | -13.8% |
| Contributions | 10/11 | €13,600 | €13,600 | = | 0.0% |
| Reserves | 13 | €12,860 | €12,860 | = | 0.0% |
| Distributable reserves | 133 | €12,860 | €12,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,782 | €5,627 | -€5,155 | -47.8% |
| Amounts payable | 17/49 | €46,355 | €15,703 | -€30,653 | -66.1% |
| Amounts payable after more than one year | 17 | €3,444 | - | -€3,444 | |
| Financial debts | 170/4 | €3,444 | - | -€3,444 | |
| Amounts payable within one year | 42/48 | €42,912 | €15,703 | -€27,209 | -63.4% |
| Current portion of amounts payable after more than one year | 42 | €5,792 | €3,444 | -€2,349 | -40.5% |
| Trade debts | 44 | €6,342 | €793 | -€5,549 | -87.5% |
| Suppliers | 440/4 | €6,342 | €793 | -€5,549 | -87.5% |
| Taxes, remuneration and social security | 45 | €3,509 | €2,195 | -€1,314 | -37.5% |
| Taxes | 450/3 | €3,409 | €2,195 | -€1,214 | -35.6% |
| Remuneration and social security | 454/9 | €100 | - | -€100 | |
| Other amounts payable | 47/48 | €27,268 | €9,271 | -€17,997 | -66.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,088 | €11,650 | +€4,561 | +64.4% |
| Other operating charges | 640/8 | €919 | €1,184 | +€265 | +28.8% |
| Gross operating margin | 9900 | €22,404 | €7,949 | -€14,455 | -64.5% |
| Operating profit (loss) | 9901 | €14,397 | -€4,885 | -€19,281 | |
| Financial income | 75/76B | €179 | €208 | +€30 | +16.7% |
| Recurring financial income | 75 | €179 | €208 | +€30 | +16.7% |
| Financial charges | 65/66B | €470 | €343 | -€127 | -27.1% |
| Recurring financial charges | 65 | €470 | €343 | -€127 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €14,105 | -€5,019 | -€19,124 | |
| Income taxes | 67/77 | €3,195 | €136 | -€3,058 | -95.7% |
| Profit (loss) for the period | 9904 | €10,910 | -€5,155 | -€16,066 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,910 | -€5,155 | -€16,066 |
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 5 November 2026 via checked.be.