AIE: what changed
Two fiscal 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.
AIE
Largest movements
- Receivables within one year +€29,156
up €29,156 (+794.4%), from €3,670 to €32,826
of which Trade receivables: +€30,407
- Cash +€29,124
up €29,124 (+89.1%), from €32,681 to €61,805
mainly Net result for the year (+€43,515) and Tax, wage and social debts (+€11,509)
- Tangible fixed assets -€1,019
down €1,019 (-34.1%), from €2,993 to €1,974
- Reserves +€38,610
up €38,610 (+302.7%), from €12,757 to €51,367
- Tax, wage and social debts +€11,509
up €11,509 (+355.0%), from €3,242 to €14,751
- Other debts +€5,956
up €5,956 (+33.9%), from €17,546 to €23,502
- Gross operating margin +€55,752
up €55,752 (+546.3%), from €10,205 to €65,957
- Taxes +€17,731
up €17,731 (+563.1%), from €3,149 to €20,881
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.
Cash bridge derived
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 | €39,903 | €96,604 | +€56,701 | +142.1% |
| Fixed assets | 21/28 | €2,993 | €1,974 | -€1,019 | -34.1% |
| Tangible fixed assets | 22/27 | €2,993 | €1,974 | -€1,019 | -34.1% |
| Furniture and vehicles | 24 | €2,993 | €1,974 | -€1,019 | -34.1% |
| Current assets | 29/58 | €36,910 | €94,631 | +€57,721 | +156.4% |
| Amounts receivable within one year | 40/41 | €3,670 | €32,826 | +€29,156 | +794.4% |
| Trade receivables | 40 | €2,419 | €32,826 | +€30,407 | +1256.9% |
| Other amounts receivable | 41 | €1,251 | - | -€1,251 | |
| Cash at bank and in hand | 54/58 | €32,681 | €61,805 | +€29,124 | +89.1% |
| Deferred charges and accrued income | 490/1 | €559 | - | -€559 | |
| Total equity and liabilities | 10/49 | €39,903 | €96,604 | +€56,701 | +142.1% |
| Equity | 10/15 | €18,957 | €57,567 | +€38,610 | +203.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €12,757 | €51,367 | +€38,610 | +302.7% |
| Distributable reserves | 133 | €12,757 | €51,367 | +€38,610 | +302.7% |
| Amounts payable | 17/49 | €20,946 | €39,037 | +€18,091 | +86.4% |
| Amounts payable within one year | 42/48 | €20,946 | €39,037 | +€18,091 | +86.4% |
| Trade debts | 44 | €158 | €784 | +€626 | +396.7% |
| Suppliers | 440/4 | €158 | €784 | +€626 | +396.7% |
| Taxes, remuneration and social security | 45 | €3,242 | €14,751 | +€11,509 | +355.0% |
| Taxes | 450/3 | €3,242 | €14,751 | +€11,509 | +355.0% |
| Other amounts payable | 47/48 | €17,546 | €23,502 | +€5,956 | +33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €655 | €1,019 | +€364 | +55.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€64 | - | +€64 | |
| Other operating charges | 640/8 | €429 | €530 | +€101 | +23.5% |
| Gross operating margin | 9900 | €10,205 | €65,957 | +€55,752 | +546.3% |
| Operating profit (loss) | 9901 | €9,185 | €64,408 | +€55,223 | +601.2% |
| Financial income | 75/76B | - | €31 | +€31 | |
| Recurring financial income | 75 | - | €31 | +€31 | |
| Financial charges | 65/66B | €44 | €43 | -€0 | -0.2% |
| Recurring financial charges | 65 | €44 | €43 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €9,141 | €64,396 | +€55,255 | +604.4% |
| Income taxes | 67/77 | €3,149 | €20,881 | +€17,731 | +563.1% |
| Profit (loss) for the period | 9904 | €5,992 | €43,515 | +€37,523 | +626.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,992 | €43,515 | +€37,523 | +626.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.