AIM Management: 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.
AIM Management
Largest movements
- Cash -€131,634
down €131,634 (-88.4%), from €148,852 to €17,218
mainly Other debts (-€103,454) and Trade debts (-€16,170)
- Tangible fixed assets -€17,026
down €17,026 (-30.6%), from €55,587 to €38,561
of which Furniture and vehicles: -€16,372
- Receivables within one year -€10,249
down €10,249 (-35.1%), from €29,209 to €18,960
of which Trade receivables: -€19,848
- Other debts -€103,454
down €103,454 (-83.5%), from €123,868 to €20,414
- Trade debts -€16,170
down €16,170 (-49.2%), from €32,848 to €16,677
- Debts after one year -€14,109
down €14,109 (-38.9%), from €36,298 to €22,189
- Profit (loss) carried forward -€11,715
down €11,715, from €4,866 to -€6,849
- Tax, wage and social debts -€7,511
down €7,511 (-99.1%), from €7,578 to €67
- Gross operating margin -€7,469
down €7,469 (-35.5%), from €21,015 to €13,546
- Other operating charges +€1,980
up €1,980 (+391.8%), from €505 to €2,485
- Financial charges -€1,578
down €1,578 (-21.6%), from €7,288 to €5,711
- Depreciation -€700
down €700 (-4.0%), from €17,726 to €17,026
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 | €239,870 | €80,507 | -€159,362 | -66.4% |
| Fixed assets | 21/28 | €55,587 | €38,561 | -€17,026 | -30.6% |
| Tangible fixed assets | 22/27 | €55,587 | €38,561 | -€17,026 | -30.6% |
| Plant, machinery and equipment | 23 | €737 | €83 | -€654 | -88.7% |
| Furniture and vehicles | 24 | €54,850 | €38,478 | -€16,372 | -29.8% |
| Current assets | 29/58 | €184,283 | €41,946 | -€142,337 | -77.2% |
| Amounts receivable within one year | 40/41 | €29,209 | €18,960 | -€10,249 | -35.1% |
| Trade receivables | 40 | €24,208 | €4,360 | -€19,848 | -82.0% |
| Other amounts receivable | 41 | €5,001 | €14,600 | +€9,599 | +191.9% |
| Cash at bank and in hand | 54/58 | €148,852 | €17,218 | -€131,634 | -88.4% |
| Deferred charges and accrued income | 490/1 | €6,221 | €5,768 | -€453 | -7.3% |
| Total equity and liabilities | 10/49 | €239,870 | €80,507 | -€159,362 | -66.4% |
| Equity | 10/15 | €18,766 | €7,051 | -€11,715 | -62.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,500 | €1,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,500 | €1,500 | = | 0.0% |
| Legal reserve | 130 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,866 | -€6,849 | -€11,715 | |
| Amounts payable | 17/49 | €221,104 | €73,456 | -€147,647 | -66.8% |
| Amounts payable after more than one year | 17 | €36,298 | €22,189 | -€14,109 | -38.9% |
| Financial debts | 170/4 | €36,298 | €22,189 | -€14,109 | -38.9% |
| Amounts payable within one year | 42/48 | €177,880 | €51,267 | -€126,612 | -71.2% |
| Current portion of amounts payable after more than one year | 42 | €13,586 | €14,109 | +€523 | +3.8% |
| Trade debts | 44 | €32,848 | €16,677 | -€16,170 | -49.2% |
| Suppliers | 440/4 | €32,848 | €16,677 | -€16,170 | -49.2% |
| Taxes, remuneration and social security | 45 | €7,578 | €67 | -€7,511 | -99.1% |
| Taxes | 450/3 | €7,578 | €67 | -€7,511 | -99.1% |
| Other amounts payable | 47/48 | €123,868 | €20,414 | -€103,454 | -83.5% |
| Accrued charges and deferred income | 492/3 | €6,926 | - | -€6,926 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,726 | €17,026 | -€700 | -4.0% |
| Other operating charges | 640/8 | €505 | €2,485 | +€1,980 | +391.8% |
| Gross operating margin | 9900 | €21,015 | €13,546 | -€7,469 | -35.5% |
| Operating profit (loss) | 9901 | €2,784 | -€5,965 | -€8,749 | |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €7,288 | €5,711 | -€1,578 | -21.6% |
| Recurring financial charges | 65 | €7,288 | €5,711 | -€1,578 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,505 | -€11,658 | -€7,153 | -158.8% |
| Income taxes | 67/77 | €242 | €57 | -€185 | -76.5% |
| Profit (loss) for the period | 9904 | -€4,747 | -€11,715 | -€6,968 | -146.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,747 | -€11,715 | -€6,968 | -146.8% |
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 8 October 2026 via checked.be.