Aéro-Lux: 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.
Aéro-Lux
Largest movements
- Tangible fixed assets +€72,471
up €72,471 (+262%), from €27,623 to €100,093
of which Furniture and vehicles: +€67,461
- Stocks and contracts +€15,834
up €15,834 (+9.3%), from €169,528 to €185,362
- Cash -€13,120
down €13,120 (-40.3%), from €32,561 to €19,441
mainly Investment in fixed assets (net) (-€89,451) and Stocks and contracts (-€15,834)
- Deferred charges and accrued income +€4,368
new in 2025: €4,368
- Debts after one year +€47,481
up €47,481 (+999%), from €4,753 to €52,235
- Reserves +€17,000
up €17,000 (+25.2%), from €67,500 to €84,500
- Tax, wage and social debts +€8,424
up €8,424 (+164%), from €5,139 to €13,563
of which Taxes: +€8,261
- Current portion of long-term debt +€7,847
up €7,847 (+195%), from €4,032 to €11,879
- Trade debts -€6,716
down €6,716 (-43.7%), from €15,354 to €8,638
- Gross operating margin -€12,110
down €12,110 (-13.9%), from €87,420 to €75,310
- Taxes -€5,753
down €5,753 (-70.4%), from €8,168 to €2,415
- Depreciation +€4,743
up €4,743 (+38.8%), from €12,237 to €16,980
- Other operating charges +€2,571
up €2,571 (+1,060%), from €242 to €2,814
- Staff costs -€1,755
down €1,755 (-4.8%), from €36,557 to €34,802
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 | €243,977 | €324,083 | +€80,107 | +32.8% |
| Fixed assets | 21/28 | €27,623 | €100,093 | +€72,471 | +262% |
| Tangible fixed assets | 22/27 | €27,623 | €100,093 | +€72,471 | +262% |
| Plant, machinery and equipment | 23 | €1,132 | €6,358 | +€5,226 | +462% |
| Furniture and vehicles | 24 | €25,619 | €93,079 | +€67,461 | +263% |
| Other tangible fixed assets | 26 | €872 | €656 | -€216 | -24.8% |
| Current assets | 29/58 | €216,354 | €223,990 | +€7,636 | +3.5% |
| Stocks and contracts in progress | 3 | €169,528 | €185,362 | +€15,834 | +9.3% |
| Stocks | 30/36 | €169,528 | €185,362 | +€15,834 | +9.3% |
| Amounts receivable within one year | 40/41 | €14,264 | €14,819 | +€555 | +3.9% |
| Trade receivables | 40 | €9,816 | €7,309 | -€2,507 | -25.5% |
| Other amounts receivable | 41 | €4,448 | €7,510 | +€3,061 | +68.8% |
| Cash at bank and in hand | 54/58 | €32,561 | €19,441 | -€13,120 | -40.3% |
| Deferred charges and accrued income | 490/1 | - | €4,368 | +€4,368 | |
| Total equity and liabilities | 10/49 | €243,977 | €324,083 | +€80,107 | +32.8% |
| Equity | 10/15 | €72,630 | €89,701 | +€17,070 | +23.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €67,500 | €84,500 | +€17,000 | +25.2% |
| Distributable reserves | 133 | €67,500 | €84,500 | +€17,000 | +25.2% |
| Profit (loss) carried forward | 14 | €130 | €201 | +€70 | +53.9% |
| Amounts payable | 17/49 | €171,346 | €234,383 | +€63,036 | +36.8% |
| Amounts payable after more than one year | 17 | €4,753 | €52,235 | +€47,481 | +999% |
| Financial debts | 170/4 | €4,753 | €52,235 | +€47,481 | +999% |
| Amounts payable within one year | 42/48 | €166,593 | €182,148 | +€15,555 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €4,032 | €11,879 | +€7,847 | +195% |
| Trade debts | 44 | €15,354 | €8,638 | -€6,716 | -43.7% |
| Suppliers | 440/4 | €15,354 | €8,638 | -€6,716 | -43.7% |
| Taxes, remuneration and social security | 45 | €5,139 | €13,563 | +€8,424 | +164% |
| Taxes | 450/3 | €256 | €8,517 | +€8,261 | +3,229% |
| Remuneration and social security | 454/9 | €4,883 | €5,045 | +€162 | +3.3% |
| Other amounts payable | 47/48 | €142,068 | €148,068 | +€6,000 | +4.2% |
| Remuneration, social security and pensions | 62 | €36,557 | €34,802 | -€1,755 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,237 | €16,980 | +€4,743 | +38.8% |
| Other operating charges | 640/8 | €242 | €2,814 | +€2,571 | +1,060% |
| Gross operating margin | 9900 | €87,420 | €75,310 | -€12,110 | -13.9% |
| Operating profit (loss) | 9901 | €38,384 | €20,714 | -€17,669 | -46.0% |
| Financial income | 75/76B | - | €54 | +€54 | |
| Recurring financial income | 75 | - | €54 | +€54 | |
| Financial charges | 65/66B | €593 | €1,283 | +€691 | +117% |
| Recurring financial charges | 65 | €593 | €1,283 | +€691 | +117% |
| Profit (loss) for the period before taxes | 9903 | €37,791 | €19,485 | -€18,306 | -48.4% |
| Income taxes | 67/77 | €8,168 | €2,415 | -€5,753 | -70.4% |
| Profit (loss) for the period | 9904 | €29,623 | €17,070 | -€12,552 | -42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,623 | €17,070 | -€12,552 | -42.4% |
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 21 October 2026 via checked.be.