AINEIAS: what changed
What changed
AINEIAS
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Net result for the year
€84,564
2025 · €55,309+€29,255
Equity
€885,291
2025 · €818,227+€67,064
Cash
€72,850
2025 · €51,441+€21,409
Balance sheet total
€1.1m
2025 · €1.1m+€14,505
Largest movements
Assets
- Cash +€21,409
up €21,409 (+41.6%), from €51,441 to €72,850
mainly Net result for the year (+€84,564) and Depreciation (+€5,824)
Equity and liabilities
- Reserves +€67,064
up €67,064 (+8.5%), from €788,227 to €855,291
of which Distributable reserves: +€67,064
- Debts after one year -€29,056
down €29,056 (-16.9%), from €171,648 to €142,592
of which Financial debts: -€29,056
- Current portion of long-term debt -€15,642
down €15,642 (-34.0%), from €45,944 to €30,302
Income statement
- Gross operating margin +€39,409
up €39,409 (+44.5%), from €88,505 to €127,914
- Taxes +€12,131
up €12,131 (+67.9%), from €17,869 to €30,000
- Financial charges -€2,418
down €2,418 (-40.7%), from €5,940 to €3,522
of which Financial charges: -€2,418
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€55,309
Gross operating margin
+€39,409
Depreciation
+€698
Other operating charges
-€1,139
Financial charges
+€2,418
Taxes
-€12,131
Result 2026
€84,564
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€87,021
Investment
€0
Financing
-€65,612
Cash 2025
€51,441
From operations (derived)
+€87,021
Net result for the year
+€84,564
Depreciation
+€5,824
Deferred charges and accrued income
+€1,080
Trade debts
-€2,339
Tax, wage and social debts
-€2,108
Financing
-€65,612
Debts after one year
-€29,056
Current portion of long-term debt
-€15,642
Short-term financial debts
-€3,414
Contributions, distributions and other
-€17,500
Cash 2026
€72,850
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,053,680 | €1,068,185 | +€14,505 | +1.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,000,527 | €994,703 | -€5,824 | -0.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,000,527 | €994,703 | -€5,824 | -0.6% |
| Land and buildings | 22 | €985,663 | €985,663 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €12,103 | €6,893 | -€5,210 | -43.0% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €2,761 | €2,147 | -€614 | -22.2% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €53,153 | €73,482 | +€20,329 | +38.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €51,441 | €72,850 | +€21,409 | +41.6% |
| Deferred charges and accrued income | 490/1 | €1,712 | €632 | -€1,080 | -63.1% |
| Total equity and liabilities | 10/49 | €1,053,680 | €1,068,185 | +€14,505 | +1.4% |
| Equity | 10/15 | €818,227 | €885,291 | +€67,064 | +8.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €788,227 | €855,291 | +€67,064 | +8.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Own shares acquired | 1312 | €0 | - | = | |
| Financial assistance | 1313 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €788,227 | €855,291 | +€67,064 | +8.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | €0 | - | = | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Taxes | 161 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €235,453 | €182,894 | -€52,559 | -22.3% |
| Amounts payable after more than one year | 17 | €171,648 | €142,592 | -€29,056 | -16.9% |
| Financial debts | 170/4 | €171,648 | €142,592 | -€29,056 | -16.9% |
| Trade debts | 175 | €0 | - | = | |
| Advances received on contracts in progress | 176 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €63,805 | €40,302 | -€23,503 | -36.8% |
| Current portion of amounts payable after more than one year | 42 | €45,944 | €30,302 | -€15,642 | -34.0% |
| Financial debts | 43 | €3,414 | - | -€3,414 | |
| Credit institutions | 430/8 | €3,414 | - | -€3,414 | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €2,339 | - | -€2,339 | |
| Suppliers | 440/4 | €2,339 | - | -€2,339 | |
| Bills of exchange payable | 441 | €0 | - | = | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €12,108 | €10,000 | -€2,108 | -17.4% |
| Taxes | 450/3 | €12,108 | €10,000 | -€2,108 | -17.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,522 | €5,824 | -€698 | -10.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €2,865 | €4,004 | +€1,139 | +39.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €88,505 | €127,914 | +€39,409 | +44.5% |
| Operating profit (loss) | 9901 | €79,118 | €118,086 | +€38,968 | +49.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €5,940 | €3,522 | -€2,418 | -40.7% |
| Recurring financial charges | 65 | €5,940 | €3,522 | -€2,418 | -40.7% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €73,178 | €114,564 | +€41,386 | +56.6% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €17,869 | €30,000 | +€12,131 | +67.9% |
| Profit (loss) for the period | 9904 | €55,309 | €84,564 | +€29,255 | +52.9% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €55,309 | €84,564 | +€29,255 | +52.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.