AERO - DECO: 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.
AERO - DECO
Largest movements
- Tangible fixed assets +€7,664
up €7,664 (+848%), from €904 to €8,568
of which Furniture and vehicles: +€8,369
- Cash -€7,302
down €7,302 (-68.3%), from €10,696 to €3,394
mainly Investment in fixed assets (net) (-€9,091) and Tax, wage and social debts (-€2,153)
- Receivables within one year -€4,094
down €4,094 (-75.0%), from €5,460 to €1,365
of which Trade receivables: -€5,318
- Deferred charges and accrued income -€542
down €542 (-49.8%), from €1,087 to €545
- Tax, wage and social debts -€2,153
down €2,153 (-36.5%), from €5,894 to €3,741
- Other debts -€1,500
down €1,500 (-34.9%), from €4,302 to €2,802
- Trade debts -€487
down €487 (-100%), from €487 to €0
- Gross operating margin +€6,093
up €6,093 (+88.5%), from -€6,886 to -€793
- Financial income +€5,702
new in 2025: €5,702
of which Financial income: +€5,702
- Taxes +€2,752
up €2,752, from -€259 to €2,492
- Other operating charges -€1,209
down €1,209 (-63.6%), from €1,902 to €692
- Depreciation -€897
down €897 (-38.6%), from €2,323 to €1,427
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 | €18,146 | €13,872 | -€4,274 | -23.6% |
| Fixed assets | 21/28 | €904 | €8,568 | +€7,664 | +848% |
| Tangible fixed assets | 22/27 | €904 | €8,568 | +€7,664 | +848% |
| Plant, machinery and equipment | 23 | €904 | €199 | -€704 | -77.9% |
| Furniture and vehicles | 24 | €0 | €8,369 | +€8,369 | |
| Current assets | 29/58 | €17,243 | €5,304 | -€11,938 | -69.2% |
| Amounts receivable within one year | 40/41 | €5,460 | €1,365 | -€4,094 | -75.0% |
| Trade receivables | 40 | €5,318 | - | -€5,318 | |
| Other amounts receivable | 41 | €142 | €1,365 | +€1,223 | +861% |
| Cash at bank and in hand | 54/58 | €10,696 | €3,394 | -€7,302 | -68.3% |
| Deferred charges and accrued income | 490/1 | €1,087 | €545 | -€542 | -49.8% |
| Total equity and liabilities | 10/49 | €18,146 | €13,872 | -€4,274 | -23.6% |
| Equity | 10/15 | €7,463 | €7,329 | -€134 | -1.8% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,213 | -€1,347 | -€134 | -11.0% |
| Amounts payable | 17/49 | €10,683 | €6,543 | -€4,140 | -38.8% |
| Amounts payable within one year | 42/48 | €10,683 | €6,543 | -€4,140 | -38.8% |
| Trade debts | 44 | €487 | €0 | -€487 | -100% |
| Suppliers | 440/4 | €487 | €0 | -€487 | -100% |
| Taxes, remuneration and social security | 45 | €5,894 | €3,741 | -€2,153 | -36.5% |
| Taxes | 450/3 | €5,894 | €3,741 | -€2,153 | -36.5% |
| Other amounts payable | 47/48 | €4,302 | €2,802 | -€1,500 | -34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,323 | €1,427 | -€897 | -38.6% |
| Other operating charges | 640/8 | €1,902 | €692 | -€1,209 | -63.6% |
| Non-recurring operating charges | 66A | €179 | €195 | +€16 | +8.8% |
| Gross operating margin | 9900 | -€6,886 | -€793 | +€6,093 | +88.5% |
| Operating profit (loss) | 9901 | -€11,290 | -€3,107 | +€8,184 | +72.5% |
| Financial income | 75/76B | - | €5,702 | +€5,702 | |
| Recurring financial income | 75 | - | €5,702 | +€5,702 | |
| Non-recurring financial income | 76B | - | €5,702 | +€5,702 | |
| Financial charges | 65/66B | €218 | €237 | +€20 | +9.0% |
| Recurring financial charges | 65 | €218 | €237 | +€20 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,508 | €2,359 | +€13,867 | |
| Income taxes | 67/77 | -€259 | €2,492 | +€2,752 | |
| Profit (loss) for the period | 9904 | -€11,249 | -€134 | +€11,115 | +98.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,249 | -€134 | +€11,115 | +98.8% |
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 20 October 2026 via checked.be.