Aiko-N-Co: 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.
Aiko-N-Co
Largest movements
- Stocks and contracts -€308,872
down €308,872 (-97.9%), from €315,638 to €6,767
- Receivables after one year +€174,376
new in 2026: €174,376
- Receivables within one year -€22,064
down €22,064 (-34.3%), from €64,401 to €42,337
of which Trade receivables: -€22,446
- Tangible fixed assets +€12,558
up €12,558 (+46.8%), from €26,827 to €39,385
of which Plant, machinery and equipment: +€26,363
- Cash +€5,652
up €5,652 (+105%), from €5,380 to €11,032
mainly Stocks and contracts (+€308,872) and Debts after one year (+€122,648)
- Profit (loss) carried forward -€374,108
down €374,108 (-35.3%), from -€1.1m to -€1.4m
- Debts after one year +€122,648
up €122,648 (+14.9%), from €824,800 to €947,448
- Other debts +€120,373
up €120,373 (+750%), from €16,060 to €136,433
- Trade debts -€41,186
down €41,186 (-31.8%), from €129,417 to €88,231
- Tax, wage and social debts +€37,897
up €37,897 (+20.9%), from €181,025 to €218,923
of which Remuneration and social security: +€42,110
- Gross operating margin -€317,317
down €317,317 (-78.8%), from €402,567 to €85,250
- Staff costs -€132,231
down €132,231 (-24.3%), from €543,309 to €411,077
- Financial charges +€14,255
up €14,255 (+42.4%), from €33,622 to €47,877
of which Financial charges: +€13,248
- Depreciation -€9,783
down €9,783 (-84.4%), from €11,596 to €1,813
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €413,045 | €278,670 | -€134,376 | -32.5% |
| Fixed assets | 21/28 | €26,852 | €39,610 | +€12,758 | +47.5% |
| Tangible fixed assets | 22/27 | €26,827 | €39,385 | +€12,558 | +46.8% |
| Plant, machinery and equipment | 23 | - | €26,363 | +€26,363 | |
| Furniture and vehicles | 24 | €7,047 | €3,697 | -€3,351 | -47.5% |
| Other tangible fixed assets | 26 | €19,780 | €9,325 | -€10,454 | -52.9% |
| Financial fixed assets | 28 | €25 | €225 | +€200 | +799% |
| Current assets | 29/58 | €386,193 | €239,060 | -€147,133 | -38.1% |
| Amounts receivable after more than one year | 29 | - | €174,376 | +€174,376 | |
| Trade receivables | 290 | - | €174,376 | +€174,376 | |
| Stocks and contracts in progress | 3 | €315,638 | €6,767 | -€308,872 | -97.9% |
| Stocks | 30/36 | €315,638 | €6,767 | -€308,872 | -97.9% |
| Amounts receivable within one year | 40/41 | €64,401 | €42,337 | -€22,064 | -34.3% |
| Trade receivables | 40 | €56,400 | €33,954 | -€22,446 | -39.8% |
| Other amounts receivable | 41 | €8,001 | €8,383 | +€382 | +4.8% |
| Cash at bank and in hand | 54/58 | €5,380 | €11,032 | +€5,652 | +105% |
| Deferred charges and accrued income | 490/1 | €774 | €4,547 | +€3,773 | +488% |
| Total equity and liabilities | 10/49 | €413,045 | €278,670 | -€134,376 | -32.5% |
| Equity | 10/15 | -€738,257 | -€1,112,365 | -€374,108 | -50.7% |
| Contributions | 10/11 | €318,600 | €318,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,058,717 | -€1,432,825 | -€374,108 | -35.3% |
| Amounts payable | 17/49 | €1,151,302 | €1,391,035 | +€239,733 | +20.8% |
| Amounts payable after more than one year | 17 | €824,800 | €947,448 | +€122,648 | +14.9% |
| Other amounts payable | 178/9 | €824,800 | €947,448 | +€122,648 | +14.9% |
| Amounts payable within one year | 42/48 | €326,502 | €443,587 | +€117,085 | +35.9% |
| Trade debts | 44 | €129,417 | €88,231 | -€41,186 | -31.8% |
| Suppliers | 440/4 | €129,417 | €88,231 | -€41,186 | -31.8% |
| Taxes, remuneration and social security | 45 | €181,025 | €218,923 | +€37,897 | +20.9% |
| Taxes | 450/3 | €17,988 | €13,776 | -€4,212 | -23.4% |
| Remuneration and social security | 454/9 | €163,038 | €205,147 | +€42,110 | +25.8% |
| Other amounts payable | 47/48 | €16,060 | €136,433 | +€120,373 | +750% |
| Remuneration, social security and pensions | 62 | €543,309 | €411,077 | -€132,231 | -24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,596 | €1,813 | -€9,783 | -84.4% |
| Other operating charges | 640/8 | €2,063 | €2,310 | +€247 | +12.0% |
| Gross operating margin | 9900 | €402,567 | €85,250 | -€317,317 | -78.8% |
| Operating profit (loss) | 9901 | -€154,401 | -€329,951 | -€175,550 | -114% |
| Financial income | 75/76B | €423 | €3,719 | +€3,296 | +779% |
| Recurring financial income | 75 | €423 | €3,719 | +€3,296 | +779% |
| Financial charges | 65/66B | €33,622 | €47,877 | +€14,255 | +42.4% |
| Recurring financial charges | 65 | €33,622 | €46,870 | +€13,248 | +39.4% |
| Non-recurring financial charges | 66B | - | €1,007 | +€1,007 | |
| Profit (loss) for the period before taxes | 9903 | -€187,600 | -€374,108 | -€186,509 | -99.4% |
| Income taxes | 67/77 | €41 | - | -€41 | |
| Profit (loss) for the period | 9904 | -€187,641 | -€374,108 | -€186,468 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€187,641 | -€374,108 | -€186,468 | -99.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.