Aerts Personeelszaken: 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.
Aerts Personeelszaken
Largest movements
- Tangible fixed assets +€15,443
up €15,443 (+147%), from €10,506 to €25,949
of which Furniture and vehicles: +€16,353
- Receivables within one year +€11,738
up €11,738 (+85.9%), from €13,661 to €25,400
of which Trade receivables: +€9,183
- Cash -€9,379
down €9,379 (-27.4%), from €34,178 to €24,799
mainly Investment in fixed assets (net) (-€19,375) and Receivables within one year (-€11,738)
- Receivables after one year -€4,011
down €4,011 (-33.6%), from €11,937 to €7,926
- Reserves +€8,259
up €8,259 (+15.1%), from €54,642 to €62,901
- Tax, wage and social debts +€2,930
up €2,930 (+128%), from €2,298 to €5,228
- Other debts +€2,683
up €2,683 (+114%), from €2,361 to €5,043
- Trade debts +€1,933
up €1,933 (+71.9%), from €2,687 to €4,620
- Accrued charges and deferred income -€1,746
down €1,746 (-77.4%), from €2,256 to €511
- Turnover -€89,821
no longer reported in 2025 (was €89,821)
- Purchases and services -€82,439
no longer reported in 2025 (was €82,439)
- Gross operating margin +€17,226
up €17,226 (+220%), from €7,843 to €25,069
- Taxes +€4,705
up €4,705 (+205%), from €2,299 to €7,004
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 | €72,444 | €86,503 | +€14,060 | +19.4% |
| Fixed assets | 21/28 | €10,506 | €25,949 | +€15,443 | +147% |
| Tangible fixed assets | 22/27 | €10,506 | €25,949 | +€15,443 | +147% |
| Land and buildings | 22 | €4,249 | €3,339 | -€910 | -21.4% |
| Furniture and vehicles | 24 | €6,257 | €22,610 | +€16,353 | +261% |
| Current assets | 29/58 | €61,938 | €60,554 | -€1,383 | -2.2% |
| Amounts receivable after more than one year | 29 | €11,937 | €7,926 | -€4,011 | -33.6% |
| Other amounts receivable | 291 | €11,937 | €7,926 | -€4,011 | -33.6% |
| Amounts receivable within one year | 40/41 | €13,661 | €25,400 | +€11,738 | +85.9% |
| Trade receivables | 40 | €13,661 | €22,844 | +€9,183 | +67.2% |
| Other amounts receivable | 41 | €0 | €2,556 | +€2,556 | |
| Cash at bank and in hand | 54/58 | €34,178 | €24,799 | -€9,379 | -27.4% |
| Deferred charges and accrued income | 490/1 | €2,162 | €2,430 | +€269 | +12.4% |
| Total equity and liabilities | 10/49 | €72,444 | €86,503 | +€14,060 | +19.4% |
| Equity | 10/15 | €62,842 | €71,101 | +€8,259 | +13.1% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Reserves | 13 | €54,642 | €62,901 | +€8,259 | +15.1% |
| Distributable reserves | 133 | €54,642 | €62,901 | +€8,259 | +15.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €9,602 | €15,403 | +€5,801 | +60.4% |
| Amounts payable within one year | 42/48 | €7,346 | €14,892 | +€7,546 | +103% |
| Trade debts | 44 | €2,687 | €4,620 | +€1,933 | +71.9% |
| Suppliers | 440/4 | €2,687 | €4,620 | +€1,933 | +71.9% |
| Taxes, remuneration and social security | 45 | €2,298 | €5,228 | +€2,930 | +128% |
| Taxes | 450/3 | €2,298 | €5,228 | +€2,930 | +128% |
| Other amounts payable | 47/48 | €2,361 | €5,043 | +€2,683 | +114% |
| Accrued charges and deferred income | 492/3 | €2,256 | €511 | -€1,746 | -77.4% |
| Turnover | 70 | €89,821 | - | -€89,821 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €82,439 | - | -€82,439 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,386 | €3,932 | +€547 | +16.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €113 | +€113 | |
| Other operating charges | 640/8 | €276 | €250 | -€26 | -9.3% |
| Gross operating margin | 9900 | €7,843 | €25,069 | +€17,226 | +220% |
| Operating profit (loss) | 9901 | €4,181 | €20,773 | +€16,592 | +397% |
| Financial income | 75/76B | €363 | €462 | +€99 | +27.2% |
| Recurring financial income | 75 | €363 | €462 | +€99 | +27.2% |
| Financial charges | 65/66B | €864 | €972 | +€108 | +12.5% |
| Recurring financial charges | 65 | €864 | €972 | +€108 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €3,681 | €20,263 | +€16,583 | +451% |
| Income taxes | 67/77 | €2,299 | €7,004 | +€4,705 | +205% |
| Profit (loss) for the period | 9904 | €1,381 | €13,259 | +€11,878 | +860% |
| Profit (loss) for the period to be appropriated | 9905 | €1,381 | €13,259 | +€11,878 | +860% |
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 28 October 2026 via checked.be.