Aerts Yves: 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 Yves
Largest movements
- Tangible fixed assets -€9,934
down €9,934 (-37.1%), from €26,808 to €16,874
- Receivables within one year +€3,104
up €3,104 (+44.0%), from €7,060 to €10,164
of which Trade receivables: +€2,526
- Cash +€2,210
up €2,210 (+9.4%), from €23,474 to €25,685
mainly Depreciation (+€9,934) and Net result for the year (+€3,091)
- Debts after one year -€10,127
down €10,127 (-56.6%), from €17,903 to €7,776
- Reserves +€3,091
up €3,091 (+32.0%), from €9,674 to €12,765
- Trade debts +€2,257
up €2,257 (+43.0%), from €5,254 to €7,511
- Other debts +€919
up €919 (+13.6%), from €6,775 to €7,694
- Gross operating margin -€797
down €797 (-5.0%), from €16,079 to €15,282
- Financial charges -€204
down €204 (-18.8%), from €1,089 to €885
- Other operating charges +€194
up €194 (+36.2%), from €537 to €731
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 | €61,087 | €56,796 | -€4,291 | -7.0% |
| Fixed assets | 21/28 | €26,808 | €16,874 | -€9,934 | -37.1% |
| Tangible fixed assets | 22/27 | €26,808 | €16,874 | -€9,934 | -37.1% |
| Furniture and vehicles | 24 | €26,808 | €16,874 | -€9,934 | -37.1% |
| Current assets | 29/58 | €34,279 | €39,922 | +€5,643 | +16.5% |
| Amounts receivable within one year | 40/41 | €7,060 | €10,164 | +€3,104 | +44.0% |
| Trade receivables | 40 | €132 | €2,658 | +€2,526 | +1,907% |
| Other amounts receivable | 41 | €6,928 | €7,506 | +€578 | +8.3% |
| Cash at bank and in hand | 54/58 | €23,474 | €25,685 | +€2,210 | +9.4% |
| Deferred charges and accrued income | 490/1 | €3,744 | €4,073 | +€329 | +8.8% |
| Total equity and liabilities | 10/49 | €61,087 | €56,796 | -€4,291 | -7.0% |
| Equity | 10/15 | €10,674 | €13,765 | +€3,091 | +29.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €9,674 | €12,765 | +€3,091 | +32.0% |
| Distributable reserves | 133 | €9,674 | €12,765 | +€3,091 | +32.0% |
| Amounts payable | 17/49 | €50,413 | €43,031 | -€7,382 | -14.6% |
| Amounts payable after more than one year | 17 | €17,903 | €7,776 | -€10,127 | -56.6% |
| Financial debts | 170/4 | €17,903 | €7,776 | -€10,127 | -56.6% |
| Amounts payable within one year | 42/48 | €31,922 | €35,166 | +€3,244 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €9,859 | €10,127 | +€268 | +2.7% |
| Trade debts | 44 | €5,254 | €7,511 | +€2,257 | +43.0% |
| Suppliers | 440/4 | €5,254 | €7,511 | +€2,257 | +43.0% |
| Taxes, remuneration and social security | 45 | €10,034 | €9,833 | -€201 | -2.0% |
| Taxes | 450/3 | €7,034 | €6,833 | -€201 | -2.9% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €6,775 | €7,694 | +€919 | +13.6% |
| Accrued charges and deferred income | 492/3 | €588 | €89 | -€498 | -84.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,934 | €9,934 | = | 0.0% |
| Other operating charges | 640/8 | €537 | €731 | +€194 | +36.2% |
| Gross operating margin | 9900 | €16,079 | €15,282 | -€797 | -5.0% |
| Operating profit (loss) | 9901 | €5,608 | €4,617 | -€991 | -17.7% |
| Financial income | 75/76B | €281 | €391 | +€110 | +39.0% |
| Recurring financial income | 75 | €281 | €391 | +€110 | +39.0% |
| Financial charges | 65/66B | €1,089 | €885 | -€204 | -18.8% |
| Recurring financial charges | 65 | €1,089 | €885 | -€204 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €4,801 | €4,124 | -€677 | -14.1% |
| Income taxes | 67/77 | €1,116 | €1,033 | -€83 | -7.5% |
| Profit (loss) for the period | 9904 | €3,685 | €3,091 | -€594 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,685 | €3,091 | -€594 | -16.1% |
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 15 October 2026 via checked.be.