AETRA: 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.
AETRA
Largest movements
- Receivables within one year -€63,592
down €63,592 (-82.0%), from €77,569 to €13,977
of which Trade receivables: -€41,082
- Cash +€50,283
up €50,283 (+4,858%), from €1,035 to €51,318
mainly Receivables within one year (+€63,592) and Depreciation (+€7,748)
- Tangible fixed assets -€7,748
down €7,748 (-19.2%), from €40,433 to €32,685
of which Furniture and vehicles: -€4,130
- Short-term financial debts -€8,267
no longer reported in 2025 (was €8,267)
- Other debts -€7,267
down €7,267 (-81.7%), from €8,898 to €1,631
- Current portion of long-term debt -€4,505
down €4,505 (-65.3%), from €6,903 to €2,398
- Trade debts -€1,510
down €1,510 (-25.6%), from €5,907 to €4,397
- Depreciation -€4,094
down €4,094 (-34.6%), from €11,842 to €7,748
- Gross operating margin -€4,019
down €4,019 (-23.6%), from €17,045 to €13,026
- Financial charges -€1,628
down €1,628 (-44.5%), from €3,662 to €2,034
- Other operating charges -€490
down €490 (-19.2%), from €2,554 to €2,064
- Taxes +€311
new in 2025: €311
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 | €129,362 | €108,005 | -€21,357 | -16.5% |
| Fixed assets | 21/28 | €40,483 | €32,735 | -€7,748 | -19.1% |
| Tangible fixed assets | 22/27 | €40,433 | €32,685 | -€7,748 | -19.2% |
| Land and buildings | 22 | €36,303 | €32,685 | -€3,618 | -10.0% |
| Furniture and vehicles | 24 | €4,130 | - | -€4,130 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €88,879 | €75,270 | -€13,609 | -15.3% |
| Stocks and contracts in progress | 3 | €10,275 | €9,975 | -€300 | -2.9% |
| Stocks | 30/36 | €10,275 | €9,975 | -€300 | -2.9% |
| Amounts receivable within one year | 40/41 | €77,569 | €13,977 | -€63,592 | -82.0% |
| Trade receivables | 40 | €53,864 | €12,782 | -€41,082 | -76.3% |
| Other amounts receivable | 41 | €23,705 | €1,195 | -€22,510 | -95.0% |
| Cash at bank and in hand | 54/58 | €1,035 | €51,318 | +€50,283 | +4,858% |
| Total equity and liabilities | 10/49 | €129,362 | €108,005 | -€21,357 | -16.5% |
| Equity | 10/15 | €97,697 | €98,568 | +€871 | +0.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €11,066 | €11,066 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,268 | €3,268 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,268 | €3,268 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,798 | €7,798 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,039 | €68,910 | +€871 | +1.3% |
| Amounts payable | 17/49 | €31,665 | €9,437 | -€22,228 | -70.2% |
| Amounts payable within one year | 42/48 | €31,665 | €9,437 | -€22,228 | -70.2% |
| Current portion of amounts payable after more than one year | 42 | €6,903 | €2,398 | -€4,505 | -65.3% |
| Financial debts | 43 | €8,267 | - | -€8,267 | |
| Credit institutions | 430/8 | €8,267 | - | -€8,267 | |
| Trade debts | 44 | €5,907 | €4,397 | -€1,510 | -25.6% |
| Suppliers | 440/4 | €5,907 | €4,397 | -€1,510 | -25.6% |
| Taxes, remuneration and social security | 45 | €1,690 | €1,011 | -€679 | -40.2% |
| Taxes | 450/3 | €1,190 | €311 | -€879 | -73.9% |
| Remuneration and social security | 454/9 | €500 | €700 | +€200 | +40.0% |
| Other amounts payable | 47/48 | €8,898 | €1,631 | -€7,267 | -81.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,842 | €7,748 | -€4,094 | -34.6% |
| Other operating charges | 640/8 | €2,554 | €2,064 | -€490 | -19.2% |
| Gross operating margin | 9900 | €17,045 | €13,026 | -€4,019 | -23.6% |
| Operating profit (loss) | 9901 | €2,649 | €3,214 | +€565 | +21.3% |
| Financial income | 75/76B | €54 | €2 | -€52 | -96.3% |
| Recurring financial income | 75 | €54 | €2 | -€52 | -96.3% |
| Financial charges | 65/66B | €3,662 | €2,034 | -€1,628 | -44.5% |
| Recurring financial charges | 65 | €3,662 | €2,034 | -€1,628 | -44.5% |
| Profit (loss) for the period before taxes | 9903 | -€959 | €1,182 | +€2,141 | |
| Income taxes | 67/77 | - | €311 | +€311 | |
| Profit (loss) for the period | 9904 | -€959 | €871 | +€1,830 | |
| Profit (loss) for the period to be appropriated | 9905 | -€959 | €871 | +€1,830 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.