AERIANE: 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.
AERIANE
Largest movements
- Stocks and contracts +€505,118
up €505,118 (+29.0%), from €1.7m to €2.2m
- Cash -€374,605
down €374,605 (-61.6%), from €608,414 to €233,809
mainly Contributions, distributions and other (-€1.2m) and Stocks and contracts (-€505,118)
- Receivables within one year +€357,705
up €357,705 (+46.8%), from €763,828 to €1.1m
of which Trade receivables: +€439,956
- Advances received +€355,166
up €355,166 (+37.1%), from €957,546 to €1.3m
- Profit (loss) carried forward -€147,322
down €147,322 (-7.7%), from €1.9m to €1.8m
- Other debts +€142,000
up €142,000 (+23.4%), from €608,000 to €750,000
- Tax, wage and social debts +€62,066
up €62,066 (+31.6%), from €196,340 to €258,406
of which Taxes: +€65,241
- Gross operating margin +€117,358
up €117,358 (+7.0%), from €1.7m to €1.8m
- Provisions +€36,525
up €36,525, from -€13,284 to €23,241
- Taxes +€25,222
up €25,222 (+7.6%), from €331,216 to €356,439
- Staff costs -€24,146
down €24,146 (-5.8%), from €415,000 to €390,854
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 | €4,071,845 | €4,514,462 | +€442,618 | +10.9% |
| Fixed assets | 21/28 | €50,213 | €37,572 | -€12,641 | -25.2% |
| Tangible fixed assets | 22/27 | €50,213 | €37,572 | -€12,641 | -25.2% |
| Land and buildings | 22 | €960 | €683 | -€277 | -28.9% |
| Plant, machinery and equipment | 23 | €10,511 | €10,941 | +€430 | +4.1% |
| Furniture and vehicles | 24 | €38,741 | €25,948 | -€12,794 | -33.0% |
| Current assets | 29/58 | €4,021,632 | €4,476,891 | +€455,259 | +11.3% |
| Stocks and contracts in progress | 3 | €1,739,354 | €2,244,472 | +€505,118 | +29.0% |
| Stocks | 30/36 | €1,739,354 | €2,244,472 | +€505,118 | +29.0% |
| Amounts receivable within one year | 40/41 | €763,828 | €1,121,532 | +€357,705 | +46.8% |
| Trade receivables | 40 | €669,377 | €1,109,333 | +€439,956 | +65.7% |
| Other amounts receivable | 41 | €94,451 | €12,200 | -€82,251 | -87.1% |
| Current investments | 50/53 | €910,036 | €877,078 | -€32,959 | -3.6% |
| Cash at bank and in hand | 54/58 | €608,414 | €233,809 | -€374,605 | -61.6% |
| Total equity and liabilities | 10/49 | €4,071,845 | €4,514,462 | +€442,618 | +10.9% |
| Equity | 10/15 | €2,166,511 | €2,016,422 | -€150,089 | -6.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €174,808 | €174,489 | -€319 | -0.2% |
| Non-distributable reserves | 130/1 | €39,525 | €39,525 | = | 0.0% |
| Legal reserve | 130 | €39,525 | €39,525 | = | 0.0% |
| Tax-exempt reserves | 132 | €319 | - | -€319 | |
| Distributable reserves | 133 | €134,964 | €134,964 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,913,789 | €1,766,467 | -€147,322 | -7.7% |
| Investment grants | 15 | €15,913 | €13,465 | -€2,448 | -15.4% |
| Provisions and deferred taxes | 16 | €53,660 | €76,901 | +€23,241 | +43.3% |
| Provisions for liabilities and charges | 160/5 | €53,660 | €76,901 | +€23,241 | +43.3% |
| Other liabilities and charges | 164/5 | €53,660 | €76,901 | +€23,241 | +43.3% |
| Amounts payable | 17/49 | €1,851,674 | €2,421,140 | +€569,466 | +30.8% |
| Amounts payable within one year | 42/48 | €1,851,674 | €2,421,140 | +€569,466 | +30.8% |
| Trade debts | 44 | €89,788 | €100,022 | +€10,234 | +11.4% |
| Suppliers | 440/4 | €89,788 | €100,022 | +€10,234 | +11.4% |
| Advances received on contracts in progress | 46 | €957,546 | €1,312,712 | +€355,166 | +37.1% |
| Taxes, remuneration and social security | 45 | €196,340 | €258,406 | +€62,066 | +31.6% |
| Taxes | 450/3 | €148,248 | €213,489 | +€65,241 | +44.0% |
| Remuneration and social security | 454/9 | €48,091 | €44,917 | -€3,175 | -6.6% |
| Other amounts payable | 47/48 | €608,000 | €750,000 | +€142,000 | +23.4% |
| Remuneration, social security and pensions | 62 | €415,000 | €390,854 | -€24,146 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,673 | €19,069 | +€1,396 | +7.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€13,284 | €23,241 | +€36,525 | |
| Other operating charges | 640/8 | €2,847 | €2,348 | -€499 | -17.5% |
| Gross operating margin | 9900 | €1,669,450 | €1,786,808 | +€117,358 | +7.0% |
| Operating profit (loss) | 9901 | €1,247,213 | €1,351,295 | +€104,082 | +8.3% |
| Financial income | 75/76B | €20,001 | €8,552 | -€11,449 | -57.2% |
| Recurring financial income | 75 | €20,001 | €8,552 | -€11,449 | -57.2% |
| Financial charges | 65/66B | €1,977 | €1,040 | -€938 | -47.4% |
| Recurring financial charges | 65 | €1,977 | €1,040 | -€938 | -47.4% |
| Profit (loss) for the period before taxes | 9903 | €1,265,237 | €1,358,807 | +€93,570 | +7.4% |
| Income taxes | 67/77 | €331,216 | €356,439 | +€25,222 | +7.6% |
| Profit (loss) for the period | 9904 | €934,021 | €1,002,369 | +€68,348 | +7.3% |
| Transfer from tax-exempt reserves | 789 | €563 | €319 | -€244 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €934,584 | €1,002,688 | +€68,104 | +7.3% |
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 24 October 2026 via checked.be.