AET MANAGEMENT & CONSULTANCY: 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.
AET MANAGEMENT & CONSULTANCY
Largest movements
- Cash +€21,677
up €21,677 (+30.6%), from €70,786 to €92,464
mainly Net result for the year (+€81,191) and Depreciation (+€10,795)
- Reserves +€81,191
new in 2025: €81,191
- Profit (loss) carried forward -€60,000
down €60,000 (-69.0%), from €87,001 to €27,001
- Trade debts -€3,324
down €3,324 (-92.1%), from €3,607 to €283
- Other debts +€2,025
new in 2025: €2,025
- Gross operating margin +€28,978
up €28,978 (+29.6%), from €98,007 to €126,984
- Taxes +€16,552
up €16,552 (+95.3%), from €17,371 to €33,923
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 | €127,622 | €147,573 | +€19,952 | +15.6% |
| Fixed assets | 21/28 | €37,814 | €36,649 | -€1,165 | -3.1% |
| Tangible fixed assets | 22/27 | €37,814 | €36,649 | -€1,165 | -3.1% |
| Land and buildings | 22 | - | €6,095 | +€6,095 | |
| Plant, machinery and equipment | 23 | €16 | - | -€16 | |
| Furniture and vehicles | 24 | €37,798 | €30,553 | -€7,244 | -19.2% |
| Current assets | 29/58 | €89,808 | €110,925 | +€21,117 | +23.5% |
| Amounts receivable within one year | 40/41 | €16,973 | €16,940 | -€33 | -0.2% |
| Trade receivables | 40 | €16,940 | €16,940 | = | 0.0% |
| Other amounts receivable | 41 | €33 | - | -€33 | |
| Cash at bank and in hand | 54/58 | €70,786 | €92,464 | +€21,677 | +30.6% |
| Deferred charges and accrued income | 490/1 | €2,049 | €1,521 | -€528 | -25.8% |
| Total equity and liabilities | 10/49 | €127,622 | €147,573 | +€19,952 | +15.6% |
| Equity | 10/15 | €90,001 | €111,192 | +€21,191 | +23.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €81,191 | +€81,191 | |
| Distributable reserves | 133 | - | €81,191 | +€81,191 | |
| Profit (loss) carried forward | 14 | €87,001 | €27,001 | -€60,000 | -69.0% |
| Amounts payable | 17/49 | €37,621 | €36,382 | -€1,239 | -3.3% |
| Amounts payable within one year | 42/48 | €35,871 | €34,632 | -€1,239 | -3.5% |
| Trade debts | 44 | €3,607 | €283 | -€3,324 | -92.1% |
| Suppliers | 440/4 | €3,607 | €283 | -€3,324 | -92.1% |
| Taxes, remuneration and social security | 45 | €32,264 | €32,324 | +€60 | +0.2% |
| Taxes | 450/3 | €32,264 | €30,024 | -€2,240 | -6.9% |
| Remuneration and social security | 454/9 | - | €2,300 | +€2,300 | |
| Other amounts payable | 47/48 | - | €2,025 | +€2,025 | |
| Accrued charges and deferred income | 492/3 | €1,750 | €1,750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,104 | €10,795 | -€310 | -2.8% |
| Other operating charges | 640/8 | €1,202 | €771 | -€431 | -35.9% |
| Gross operating margin | 9900 | €98,007 | €126,984 | +€28,978 | +29.6% |
| Operating profit (loss) | 9901 | €85,701 | €115,419 | +€29,718 | +34.7% |
| Financial income | 75/76B | €31 | - | -€31 | |
| Recurring financial income | 75 | €31 | - | -€31 | |
| Financial charges | 65/66B | €208 | €305 | +€97 | +46.7% |
| Recurring financial charges | 65 | €208 | €305 | +€97 | +46.7% |
| Profit (loss) for the period before taxes | 9903 | €85,524 | €115,114 | +€29,590 | +34.6% |
| Income taxes | 67/77 | €17,371 | €33,923 | +€16,552 | +95.3% |
| Profit (loss) for the period | 9904 | €68,153 | €81,191 | +€13,038 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €68,153 | €81,191 | +€13,038 | +19.1% |
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 26 October 2026 via checked.be.