AERO IMMO: 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.
AERO IMMO
Largest movements
- Tangible fixed assets +€322,817
up €322,817 (+19.9%), from €1.6m to €1.9m
- Receivables within one year -€68,475
down €68,475 (-73.8%), from €92,780 to €24,305
of which Other amounts receivable: -€60,475
- Debts after one year +€219,096
up €219,096 (+13.2%), from €1.7m to €1.9m
- Other debts +€121,905
up €121,905 (+139.6%), from €87,324 to €209,229
- Profit (loss) carried forward -€99,508
down €99,508 (-54.0%), from -€184,196 to -€283,704
- Trade debts +€26,634
up €26,634 (+157.6%), from €16,899 to €43,533
- Staff costs -€36,556
down €36,556 (-100.0%), from €36,556 to €0
- Gross operating margin +€11,010
up €11,010 (+40.1%), from -€27,466 to -€16,456
- Other operating charges -€5,080
down €5,080 (-81.6%), from €6,229 to €1,149
- Depreciation +€3,114
up €3,114 (+4.4%), from €71,098 to €74,212
- Financial charges -€2,539
down €2,539 (-11.4%), from €22,355 to €19,816
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 | €1,723,661 | €1,983,024 | +€259,363 | +15.0% |
| Fixed assets | 21/28 | €1,625,820 | €1,948,637 | +€322,817 | +19.9% |
| Tangible fixed assets | 22/27 | €1,625,820 | €1,948,637 | +€322,817 | +19.9% |
| Land and buildings | 22 | €1,625,820 | €1,948,637 | +€322,817 | +19.9% |
| Current assets | 29/58 | €97,841 | €34,387 | -€63,455 | -64.9% |
| Amounts receivable within one year | 40/41 | €92,780 | €24,305 | -€68,475 | -73.8% |
| Trade receivables | 40 | €8,000 | €0 | -€8,000 | -100.0% |
| Other amounts receivable | 41 | €84,780 | €24,305 | -€60,475 | -71.3% |
| Cash at bank and in hand | 54/58 | €5,061 | €10,082 | +€5,021 | +99.2% |
| Total equity and liabilities | 10/49 | €1,723,661 | €1,983,024 | +€259,363 | +15.0% |
| Equity | 10/15 | -€183,196 | -€282,704 | -€99,508 | -54.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€184,196 | -€283,704 | -€99,508 | -54.0% |
| Provisions and deferred taxes | 16 | €142,860 | €134,095 | -€8,765 | -6.1% |
| Provisions for liabilities and charges | 160/5 | €142,860 | €134,095 | -€8,765 | -6.1% |
| Environmental obligations | 163 | €142,860 | €134,095 | -€8,765 | -6.1% |
| Amounts payable | 17/49 | €1,763,997 | €2,131,633 | +€367,636 | +20.8% |
| Amounts payable after more than one year | 17 | €1,659,662 | €1,878,758 | +€219,096 | +13.2% |
| Other amounts payable | 178/9 | €1,659,662 | €1,878,758 | +€219,096 | +13.2% |
| Amounts payable within one year | 42/48 | €104,335 | €252,875 | +€148,540 | +142.4% |
| Trade debts | 44 | €16,899 | €43,533 | +€26,634 | +157.6% |
| Suppliers | 440/4 | €16,899 | €43,533 | +€26,634 | +157.6% |
| Taxes, remuneration and social security | 45 | €112 | €112 | +€0 | +0.3% |
| Taxes | 450/3 | €112 | €112 | +€0 | +0.3% |
| Other amounts payable | 47/48 | €87,324 | €209,229 | +€121,905 | +139.6% |
| Remuneration, social security and pensions | 62 | €36,556 | €0 | -€36,556 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,098 | €74,212 | +€3,114 | +4.4% |
| Other operating charges | 640/8 | €6,229 | €1,149 | -€5,080 | -81.6% |
| Gross operating margin | 9900 | -€27,466 | -€16,456 | +€11,010 | +40.1% |
| Operating profit (loss) | 9901 | -€141,349 | -€91,817 | +€49,532 | +35.0% |
| Financial income | 75/76B | - | €254 | +€254 | |
| Recurring financial income | 75 | - | €254 | +€254 | |
| Financial charges | 65/66B | €22,355 | €19,816 | -€2,539 | -11.4% |
| Recurring financial charges | 65 | €22,355 | €19,816 | -€2,539 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | -€163,704 | -€111,380 | +€52,325 | +32.0% |
| Income taxes | 67/77 | €118 | €0 | -€117 | -99.7% |
| Profit (loss) for the period | 9904 | -€163,822 | -€111,380 | +€52,442 | +32.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€163,822 | -€111,380 | +€52,442 | +32.0% |
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 6 October 2026 via checked.be.