AIR FLOW: 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.
AIR FLOW
Largest movements
- Receivables within one year +€31,236
up €31,236 (+3.5%), from €886,245 to €917,481
of which Trade receivables: +€35,037
- Advances received +€231,694
new in 2026: €231,694
- Profit (loss) carried forward -€97,176
down €97,176 (-48.2%), from -€201,731 to -€298,906
- Trade debts -€64,165
down €64,165 (-6.4%), from €1.0m to €936,397
- Other debts -€33,220
down €33,220 (-48.3%), from €68,745 to €35,526
- Purchases and services +€540,884
new in 2026: €540,884
- Gross operating margin +€138,167
up €138,167, from -€106,976 to €31,191
- Other operating charges +€125,474
up €125,474 (+19,381%), from €647 to €126,121
- Financial charges -€4,949
down €4,949 (-96.8%), from €5,111 to €162
- Financial income -€1,751
no longer reported in 2026 (was €1,751)
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 | €890,065 | €927,199 | +€37,134 | +4.2% |
| Fixed assets | 21/28 | €3,095 | €5,018 | +€1,924 | +62.2% |
| Tangible fixed assets | 22/27 | €3,095 | €5,018 | +€1,924 | +62.2% |
| Furniture and vehicles | 24 | €3,095 | €5,018 | +€1,924 | +62.2% |
| Current assets | 29/58 | €886,970 | €922,181 | +€35,210 | +4.0% |
| Amounts receivable within one year | 40/41 | €886,245 | €917,481 | +€31,236 | +3.5% |
| Trade receivables | 40 | €875,919 | €910,956 | +€35,037 | +4.0% |
| Other amounts receivable | 41 | €10,326 | €6,525 | -€3,801 | -36.8% |
| Cash at bank and in hand | 54/58 | €725 | €4,699 | +€3,975 | +548% |
| Total equity and liabilities | 10/49 | €890,065 | €927,199 | +€37,134 | +4.2% |
| Equity | 10/15 | -€179,242 | -€276,418 | -€97,176 | -54.2% |
| Contributions | 10/11 | €18,642 | €18,642 | = | 0.0% |
| Reserves | 13 | €3,847 | €3,847 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,864 | €1,864 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,864 | €1,864 | = | 0.0% |
| Distributable reserves | 133 | €1,983 | €1,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€201,731 | -€298,906 | -€97,176 | -48.2% |
| Amounts payable | 17/49 | €1,069,307 | €1,203,617 | +€134,310 | +12.6% |
| Amounts payable within one year | 42/48 | €1,069,307 | €1,203,617 | +€134,310 | +12.6% |
| Trade debts | 44 | €1,000,562 | €936,397 | -€64,165 | -6.4% |
| Suppliers | 440/4 | €1,000,562 | €936,397 | -€64,165 | -6.4% |
| Advances received on contracts in progress | 46 | - | €231,694 | +€231,694 | |
| Other amounts payable | 47/48 | €68,745 | €35,526 | -€33,220 | -48.3% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €540,884 | +€540,884 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,880 | €2,084 | -€796 | -27.6% |
| Other operating charges | 640/8 | €647 | €126,121 | +€125,474 | +19,381% |
| Gross operating margin | 9900 | -€106,976 | €31,191 | +€138,167 | |
| Operating profit (loss) | 9901 | -€110,503 | -€97,014 | +€13,489 | +12.2% |
| Financial income | 75/76B | €1,751 | - | -€1,751 | |
| Recurring financial income | 75 | €1,751 | - | -€1,751 | |
| Financial charges | 65/66B | €5,111 | €162 | -€4,949 | -96.8% |
| Recurring financial charges | 65 | €5,111 | €162 | -€4,949 | -96.8% |
| Profit (loss) for the period before taxes | 9903 | -€113,864 | -€97,176 | +€16,688 | +14.7% |
| Profit (loss) for the period | 9904 | -€113,864 | -€97,176 | +€16,688 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€113,864 | -€97,176 | +€16,688 | +14.7% |
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 14 October 2026 via checked.be.