Aigis Development: 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.
Aigis Development
Largest movements
- Receivables within one year -€100,551
down €100,551 (-58.8%), from €170,975 to €70,425
of which Other amounts receivable: -€63,051
- Cash +€52,991
up €52,991 (+10,631%), from €498 to €53,490
mainly Net result for the year (+€415,057) and Receivables within one year (+€100,551)
- Profit (loss) carried forward +€415,057
up €415,057 (+87.4%), from -€475,027 to -€59,971
- Other debts -€336,940
down €336,940 (-74.9%), from €449,751 to €112,811
- Advances received -€82,645
no longer reported in 2025 (was €82,645)
- Trade debts -€71,357
down €71,357 (-91.1%), from €78,347 to €6,990
- Tax, wage and social debts +€27,704
up €27,704 (+149%), from €18,609 to €46,313
- Gross operating margin +€569,287
up €569,287, from -€126,027 to €443,260
- Other operating charges -€18,140
down €18,140 (-95.2%), from €19,060 to €920
- Taxes +€17,371
up €17,371 (+3,704%), from €469 to €17,840
- Financial charges -€10,068
down €10,068 (-53.7%), from €18,748 to €8,681
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 | €172,874 | €124,693 | -€48,181 | -27.9% |
| Fixed assets | 21/28 | €1,400 | €494 | -€906 | -64.7% |
| Tangible fixed assets | 22/27 | €1,000 | €94 | -€906 | -90.6% |
| Furniture and vehicles | 24 | €1,000 | €94 | -€906 | -90.6% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €171,474 | €124,199 | -€47,275 | -27.6% |
| Amounts receivable within one year | 40/41 | €170,975 | €70,425 | -€100,551 | -58.8% |
| Trade receivables | 40 | €75,383 | €37,883 | -€37,500 | -49.7% |
| Other amounts receivable | 41 | €95,593 | €32,542 | -€63,051 | -66.0% |
| Cash at bank and in hand | 54/58 | €498 | €53,490 | +€52,991 | +10,631% |
| Deferred charges and accrued income | 490/1 | - | €285 | +€285 | |
| Total equity and liabilities | 10/49 | €172,874 | €124,693 | -€48,181 | -27.9% |
| Equity | 10/15 | -€456,477 | -€41,421 | +€415,057 | +90.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€475,027 | -€59,971 | +€415,057 | +87.4% |
| Amounts payable | 17/49 | €629,352 | €166,114 | -€463,238 | -73.6% |
| Amounts payable within one year | 42/48 | €629,352 | €166,114 | -€463,238 | -73.6% |
| Trade debts | 44 | €78,347 | €6,990 | -€71,357 | -91.1% |
| Suppliers | 440/4 | €78,347 | €6,990 | -€71,357 | -91.1% |
| Advances received on contracts in progress | 46 | €82,645 | - | -€82,645 | |
| Taxes, remuneration and social security | 45 | €18,609 | €46,313 | +€27,704 | +149% |
| Taxes | 450/3 | €18,609 | €46,313 | +€27,704 | +149% |
| Other amounts payable | 47/48 | €449,751 | €112,811 | -€336,940 | -74.9% |
| Non-recurring operating income | 76A | €10,274 | €285,852 | +€275,578 | +2,682% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €906 | €906 | = | 0.0% |
| Other operating charges | 640/8 | €19,060 | €920 | -€18,140 | -95.2% |
| Non-recurring operating charges | 66A | - | €449 | +€449 | |
| Gross operating margin | 9900 | -€126,027 | €443,260 | +€569,287 | |
| Operating profit (loss) | 9901 | -€145,993 | €440,985 | +€586,978 | |
| Financial income | 75/76B | €1,313 | €591 | -€722 | -55.0% |
| Recurring financial income | 75 | €1,313 | €591 | -€722 | -55.0% |
| Financial charges | 65/66B | €18,748 | €8,681 | -€10,068 | -53.7% |
| Recurring financial charges | 65 | €18,748 | €8,681 | -€10,068 | -53.7% |
| Profit (loss) for the period before taxes | 9903 | -€163,428 | €432,896 | +€596,324 | |
| Income taxes | 67/77 | €469 | €17,840 | +€17,371 | +3,704% |
| Profit (loss) for the period | 9904 | -€163,897 | €415,057 | +€578,954 | |
| Profit (loss) for the period to be appropriated | 9905 | -€163,897 | €415,057 | +€578,954 |
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 27 October 2026 via checked.be.