Air Group: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
Air Group
Largest movements
- Receivables within one year +€7,897
up €7,897 (+12.4%), from €63,546 to €71,443
of which Trade receivables: +€7,897
- Stocks and contracts +€1,668
up €1,668 (+705%), from €237 to €1,905
of which Contracts in progress: +€1,668
- Trade debts +€3,033
up €3,033 (+282%), from €1,076 to €4,109
- Advances received +€2,634
new in 2025: €2,634
- Other debts +€1,828
up €1,828 (+6.5%), from €27,935 to €29,763
- Profit (loss) carried forward +€1,539
new in 2025: €1,539
- Short-term financial debts +€780
up €780 (+17.8%), from €4,394 to €5,174
- Gross operating margin +€4,882
up €4,882, from -€1,838 to €3,044
- Other operating charges +€139
up €139 (+27.4%), from €506 to €645
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,117 | €73,782 | +€9,665 | +15.1% |
| Fixed assets | 21/28 | €330 | €430 | +€100 | +30.4% |
| Financial fixed assets | 28 | €330 | €430 | +€100 | +30.4% |
| Current assets | 29/58 | €63,787 | €73,352 | +€9,565 | +15.0% |
| Stocks and contracts in progress | 3 | €237 | €1,905 | +€1,668 | +705% |
| Stocks | 30/36 | €237 | €237 | = | 0.0% |
| Contracts in progress | 37 | - | €1,668 | +€1,668 | |
| Amounts receivable within one year | 40/41 | €63,546 | €71,443 | +€7,897 | +12.4% |
| Trade receivables | 40 | €63,546 | €71,443 | +€7,897 | +12.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4 | €4 | +€0 | +0.7% |
| Total equity and liabilities | 10/49 | €64,117 | €73,782 | +€9,665 | +15.1% |
| Equity | 10/15 | €30,037 | €31,576 | +€1,539 | +5.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €23,839 | €23,839 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €21,980 | €21,980 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €1,539 | +€1,539 | |
| Amounts payable | 17/49 | €34,080 | €42,206 | +€8,126 | +23.8% |
| Amounts payable within one year | 42/48 | €33,574 | €41,681 | +€8,107 | +24.1% |
| Financial debts | 43 | €4,394 | €5,174 | +€780 | +17.8% |
| Credit institutions | 430/8 | €4,394 | €5,174 | +€780 | +17.8% |
| Trade debts | 44 | €1,076 | €4,109 | +€3,033 | +282% |
| Suppliers | 440/4 | €1,076 | €4,109 | +€3,033 | +282% |
| Advances received on contracts in progress | 46 | - | €2,634 | +€2,634 | |
| Taxes, remuneration and social security | 45 | €169 | - | -€169 | |
| Taxes | 450/3 | €169 | - | -€169 | |
| Other amounts payable | 47/48 | €27,935 | €29,763 | +€1,828 | +6.5% |
| Accrued charges and deferred income | 492/3 | €506 | €526 | +€19 | +3.8% |
| Other operating charges | 640/8 | €506 | €645 | +€139 | +27.4% |
| Gross operating margin | 9900 | -€1,838 | €3,044 | +€4,882 | |
| Operating profit (loss) | 9901 | -€2,344 | €2,399 | +€4,743 | |
| Financial income | 75/76B | €10 | €0 | -€10 | -99.7% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -99.7% |
| Financial charges | 65/66B | €850 | €860 | +€10 | +1.2% |
| Recurring financial charges | 65 | €850 | €860 | +€10 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,184 | €1,539 | +€4,723 | |
| Profit (loss) for the period | 9904 | -€3,184 | €1,539 | +€4,723 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,184 | €1,539 | +€4,723 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.