AIP DESIGN: 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.
AIP DESIGN
Largest movements
- Receivables within one year +€33,510
up €33,510 (+14.4%), from €233,022 to €266,532
of which Other amounts receivable: +€19,429
- Tangible fixed assets -€32,991
down €32,991 (-22.8%), from €144,827 to €111,836
of which Furniture and vehicles: -€30,923
- Cash -€13,006
down €13,006 (-70.9%), from €18,345 to €5,339
mainly Receivables within one year (-€33,510) and Debts after one year (-€29,833)
- Debts after one year -€29,833
down €29,833 (-22.9%), from €130,000 to €100,167
- Profit (loss) carried forward -€15,641
down €15,641 (-91.5%), from -€17,100 to -€32,741
- Current portion of long-term debt +€13,178
new in 2025: €13,178
- Tax, wage and social debts +€12,367
up €12,367 (+178%), from €6,954 to €19,322
- Short-term financial debts +€9,745
new in 2025: €9,745
- Gross operating margin +€16,264
up €16,264 (+194%), from €8,394 to €24,658
- Depreciation +€15,996
up €15,996 (+94.1%), from €16,995 to €32,991
- Other operating charges -€1,577
down €1,577 (-51.6%), from €3,054 to €1,478
- Financial charges +€1,238
up €1,238 (+28.2%), from €4,395 to €5,633
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 | €400,468 | €387,982 | -€12,486 | -3.1% |
| Fixed assets | 21/28 | €149,102 | €116,111 | -€32,991 | -22.1% |
| Tangible fixed assets | 22/27 | €144,827 | €111,836 | -€32,991 | -22.8% |
| Land and buildings | 22 | €5,910 | €4,690 | -€1,220 | -20.6% |
| Plant, machinery and equipment | 23 | €3,363 | €2,515 | -€848 | -25.2% |
| Furniture and vehicles | 24 | €135,554 | €104,631 | -€30,923 | -22.8% |
| Financial fixed assets | 28 | €4,275 | €4,275 | = | 0.0% |
| Current assets | 29/58 | €251,366 | €271,871 | +€20,505 | +8.2% |
| Amounts receivable within one year | 40/41 | €233,022 | €266,532 | +€33,510 | +14.4% |
| Trade receivables | 40 | €54,931 | €69,013 | +€14,082 | +25.6% |
| Other amounts receivable | 41 | €178,090 | €197,519 | +€19,429 | +10.9% |
| Cash at bank and in hand | 54/58 | €18,345 | €5,339 | -€13,006 | -70.9% |
| Total equity and liabilities | 10/49 | €400,468 | €387,982 | -€12,486 | -3.1% |
| Equity | 10/15 | €257,375 | €241,734 | -€15,641 | -6.1% |
| Contributions | 10/11 | €5,857 | €5,857 | = | 0.0% |
| Reserves | 13 | €268,618 | €268,618 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €266,758 | €266,758 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,100 | -€32,741 | -€15,641 | -91.5% |
| Amounts payable | 17/49 | €143,093 | €146,248 | +€3,155 | +2.2% |
| Amounts payable after more than one year | 17 | €130,000 | €100,167 | -€29,833 | -22.9% |
| Financial debts | 170/4 | €130,000 | €100,167 | -€29,833 | -22.9% |
| Amounts payable within one year | 42/48 | €13,093 | €46,081 | +€32,988 | +252% |
| Current portion of amounts payable after more than one year | 42 | - | €13,178 | +€13,178 | |
| Financial debts | 43 | - | €9,745 | +€9,745 | |
| Credit institutions | 430/8 | - | €9,745 | +€9,745 | |
| Trade debts | 44 | €6,139 | €3,836 | -€2,303 | -37.5% |
| Suppliers | 440/4 | €6,139 | €3,836 | -€2,303 | -37.5% |
| Taxes, remuneration and social security | 45 | €6,954 | €19,322 | +€12,367 | +178% |
| Taxes | 450/3 | €6,954 | €19,322 | +€12,367 | +178% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,995 | €32,991 | +€15,996 | +94.1% |
| Other operating charges | 640/8 | €3,054 | €1,478 | -€1,577 | -51.6% |
| Gross operating margin | 9900 | €8,394 | €24,658 | +€16,264 | +194% |
| Operating profit (loss) | 9901 | -€11,655 | -€9,810 | +€1,845 | +15.8% |
| Financial charges | 65/66B | €4,395 | €5,633 | +€1,238 | +28.2% |
| Recurring financial charges | 65 | €4,395 | €5,633 | +€1,238 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,050 | -€15,443 | +€607 | +3.8% |
| Income taxes | 67/77 | €179 | €198 | +€18 | +10.3% |
| Profit (loss) for the period | 9904 | -€16,230 | -€15,641 | +€589 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,230 | -€15,641 | +€589 | +3.6% |
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 25 October 2026 via checked.be.