Aido: 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.
Aido
Largest movements
- Tangible fixed assets +€830,386
up €830,386 (+610%), from €136,233 to €966,619
of which Land and buildings: +€840,431
- Cash -€206,699
down €206,699 (-82.6%), from €250,140 to €43,441
mainly Investment in fixed assets (net) (-€857,360) and Tax, wage and social debts (-€11,646)
- Receivables within one year -€42,105
down €42,105 (-77.5%), from €54,349 to €12,245
of which Trade receivables: -€32,293
- Debts after one year +€493,707
new in 2025: €493,707
- Other debts +€81,084
up €81,084 (+22.4%), from €361,655 to €442,740
- Trade debts +€29,319
up €29,319 (+1,535%), from €1,910 to €31,229
- Tax, wage and social debts -€11,646
down €11,646 (-83.9%), from €13,885 to €2,239
of which Taxes: -€7,867
- Depreciation +€26,069
up €26,069 (+2,878%), from €906 to €26,974
- Gross operating margin -€22,595
down €22,595 (-45.2%), from €50,020 to €27,425
- Taxes -€9,311
down €9,311 (-95.4%), from €9,762 to €451
- Financial charges +€5,968
up €5,968 (+142%), from €4,205 to €10,172
- Financial income +€1,467
up €1,467, from €0 to €1,467
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 | €441,113 | €1,022,765 | +€581,652 | +132% |
| Fixed assets | 21/28 | €136,233 | €966,619 | +€830,386 | +610% |
| Tangible fixed assets | 22/27 | €136,233 | €966,619 | +€830,386 | +610% |
| Land and buildings | 22 | €80,000 | €920,431 | +€840,431 | +1,051% |
| Furniture and vehicles | 24 | €56,233 | €46,187 | -€10,045 | -17.9% |
| Current assets | 29/58 | €304,881 | €56,147 | -€248,734 | -81.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €54,349 | €12,245 | -€42,105 | -77.5% |
| Trade receivables | 40 | €35,300 | €3,007 | -€32,293 | -91.5% |
| Other amounts receivable | 41 | €19,049 | €9,238 | -€9,811 | -51.5% |
| Cash at bank and in hand | 54/58 | €250,140 | €43,441 | -€206,699 | -82.6% |
| Deferred charges and accrued income | 490/1 | €391 | €461 | +€69 | +17.7% |
| Total equity and liabilities | 10/49 | €441,113 | €1,022,765 | +€581,652 | +132% |
| Equity | 10/15 | €53,630 | €44,804 | -€8,826 | -16.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,030 | €26,204 | -€8,826 | -25.2% |
| Amounts payable | 17/49 | €387,484 | €977,962 | +€590,478 | +152% |
| Amounts payable after more than one year | 17 | - | €493,707 | +€493,707 | |
| Financial debts | 170/4 | - | €493,707 | +€493,707 | |
| Amounts payable within one year | 42/48 | €387,484 | €484,255 | +€96,771 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €10,034 | €6,293 | -€3,741 | -37.3% |
| Trade debts | 44 | €1,910 | €31,229 | +€29,319 | +1,535% |
| Suppliers | 440/4 | €1,910 | €31,229 | +€29,319 | +1,535% |
| Advances received on contracts in progress | 46 | - | €1,755 | +€1,755 | |
| Taxes, remuneration and social security | 45 | €13,885 | €2,239 | -€11,646 | -83.9% |
| Taxes | 450/3 | €10,106 | €2,239 | -€7,867 | -77.8% |
| Remuneration and social security | 454/9 | €3,779 | €0 | -€3,779 | -100% |
| Other amounts payable | 47/48 | €361,655 | €442,740 | +€81,084 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €906 | €26,974 | +€26,069 | +2,878% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €50,020 | €27,425 | -€22,595 | -45.2% |
| Operating profit (loss) | 9901 | €48,996 | €331 | -€48,665 | -99.3% |
| Financial income | 75/76B | €0 | €1,467 | +€1,467 | |
| Recurring financial income | 75 | €0 | €1,467 | +€1,467 | |
| Financial charges | 65/66B | €4,205 | €10,172 | +€5,968 | +142% |
| Recurring financial charges | 65 | €4,205 | €10,172 | +€5,968 | +142% |
| Profit (loss) for the period before taxes | 9903 | €44,792 | -€8,375 | -€53,166 | |
| Income taxes | 67/77 | €9,762 | €451 | -€9,311 | -95.4% |
| Profit (loss) for the period | 9904 | €35,030 | -€8,826 | -€43,855 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,030 | -€8,826 | -€43,855 |
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.