AETHERICS: 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.
AETHERICS
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€62,659
down €62,659 (-19.5%), from €321,167 to €258,508
mainly Current investments (-€100,000) and Tax, wage and social debts (-€42,353)
- Receivables within one year -€50,773
down €50,773 (-88.9%), from €57,094 to €6,321
of which Trade receivables: -€50,598
- Tax, wage and social debts -€42,353
down €42,353 (-75.2%), from €56,285 to €13,932
of which Taxes: -€36,168
- Reserves +€24,778
up €24,778 (+30.2%), from €81,910 to €106,687
- Gross operating margin -€44,948
down €44,948 (-55.2%), from €81,446 to €36,498
- Taxes -€11,746
down €11,746 (-53.8%), from €21,851 to €10,106
- Financial charges -€2,928
down €2,928 (-98.6%), from €2,971 to €42
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 | €386,705 | €372,405 | -€14,300 | -3.7% |
| Fixed assets | 21/28 | €8,444 | €5,970 | -€2,474 | -29.3% |
| Tangible fixed assets | 22/27 | €8,444 | €5,970 | -€2,474 | -29.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Other tangible fixed assets | 26 | €8,444 | €5,970 | -€2,474 | -29.3% |
| Current assets | 29/58 | €378,261 | €366,435 | -€11,826 | -3.1% |
| Amounts receivable within one year | 40/41 | €57,094 | €6,321 | -€50,773 | -88.9% |
| Trade receivables | 40 | €50,671 | €73 | -€50,598 | -99.9% |
| Other amounts receivable | 41 | €6,424 | €6,248 | -€175 | -2.7% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €321,167 | €258,508 | -€62,659 | -19.5% |
| Deferred charges and accrued income | 490/1 | - | €1,606 | +€1,606 | |
| Total equity and liabilities | 10/49 | €386,705 | €372,405 | -€14,300 | -3.7% |
| Equity | 10/15 | €241,248 | €266,026 | +€24,778 | +10.3% |
| Contributions | 10/11 | €19,170 | €19,170 | = | 0.0% |
| Reserves | 13 | €81,910 | €106,687 | +€24,778 | +30.2% |
| Distributable reserves | 133 | €81,910 | €106,687 | +€24,778 | +30.2% |
| Profit (loss) carried forward | 14 | €140,168 | €140,168 | = | 0.0% |
| Amounts payable | 17/49 | €145,457 | €106,380 | -€39,078 | -26.9% |
| Amounts payable within one year | 42/48 | €137,031 | €98,153 | -€38,878 | -28.4% |
| Trade debts | 44 | €212 | €237 | +€25 | +11.5% |
| Suppliers | 440/4 | €212 | €237 | +€25 | +11.5% |
| Taxes, remuneration and social security | 45 | €56,285 | €13,932 | -€42,353 | -75.2% |
| Taxes | 450/3 | €46,285 | €10,116 | -€36,168 | -78.1% |
| Remuneration and social security | 454/9 | €10,000 | €3,815 | -€6,185 | -61.8% |
| Other amounts payable | 47/48 | €80,534 | €83,985 | +€3,451 | +4.3% |
| Accrued charges and deferred income | 492/3 | €8,426 | €8,226 | -€200 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,938 | €2,474 | -€464 | -15.8% |
| Other operating charges | 640/8 | €955 | €520 | -€436 | -45.6% |
| Gross operating margin | 9900 | €81,446 | €36,498 | -€44,948 | -55.2% |
| Operating profit (loss) | 9901 | €77,553 | €33,504 | -€44,049 | -56.8% |
| Financial income | 75/76B | €1,120 | €1,421 | +€301 | +26.9% |
| Recurring financial income | 75 | €1,120 | €1,421 | +€301 | +26.9% |
| Financial charges | 65/66B | €2,971 | €42 | -€2,928 | -98.6% |
| Recurring financial charges | 65 | €2,971 | €42 | -€2,928 | -98.6% |
| Profit (loss) for the period before taxes | 9903 | €75,702 | €34,883 | -€40,819 | -53.9% |
| Income taxes | 67/77 | €21,851 | €10,106 | -€11,746 | -53.8% |
| Profit (loss) for the period | 9904 | €53,851 | €24,778 | -€29,073 | -54.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,851 | €24,778 | -€29,073 | -54.0% |
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 29 October 2026 via checked.be.