Air Mike: 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 Mike
Largest movements
- Cash -€1,359
down €1,359 (-34.7%), from €3,911 to €2,552
mainly Net result for the year (-€3,478) and Tax, wage and social debts (-€920)
- Reserves -€3,382
down €3,382 (-5.8%), from €58,785 to €55,403
of which Distributable reserves: -€3,382
- Trade debts +€3,090
up €3,090 (+158%), from €1,962 to €5,051
- Tax, wage and social debts -€920
down €920 (-18.3%), from €5,022 to €4,102
of which Taxes: -€920
- Gross operating margin -€26,323
down €26,323, from €20,213 to -€6,110
- Taxes -€2,005
down €2,005 (-92.3%), from €2,172 to €167
- Other operating charges +€343
up €343 (+40.0%), from €858 to €1,201
- Financial income +€207
up €207 (+5.2%), from €3,976 to €4,184
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 | €87,761 | €86,269 | -€1,492 | -1.7% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €87,761 | €86,269 | -€1,492 | -1.7% |
| Amounts receivable within one year | 40/41 | €83,848 | €83,538 | -€310 | -0.4% |
| Trade receivables | 40 | €11,400 | €1,266 | -€10,134 | -88.9% |
| Other amounts receivable | 41 | €72,448 | €82,272 | +€9,824 | +13.6% |
| Cash at bank and in hand | 54/58 | €3,911 | €2,552 | -€1,359 | -34.7% |
| Deferred charges and accrued income | 490/1 | €1 | €178 | +€177 | +12,459% |
| Total equity and liabilities | 10/49 | €87,761 | €86,269 | -€1,492 | -1.7% |
| Equity | 10/15 | €80,581 | €77,103 | -€3,478 | -4.3% |
| Contributions | 10/11 | €21,700 | €21,700 | = | 0.0% |
| Reserves | 13 | €58,785 | €55,403 | -€3,382 | -5.8% |
| Non-distributable reserves | 130/1 | €2,170 | €2,170 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,170 | €2,170 | = | 0.0% |
| Distributable reserves | 133 | €56,615 | €53,233 | -€3,382 | -6.0% |
| Profit (loss) carried forward | 14 | €96 | €0 | -€96 | -100% |
| Amounts payable | 17/49 | €7,180 | €9,166 | +€1,986 | +27.7% |
| Amounts payable within one year | 42/48 | €7,082 | €9,166 | +€2,085 | +29.4% |
| Trade debts | 44 | €1,962 | €5,051 | +€3,090 | +158% |
| Suppliers | 440/4 | €1,962 | €5,051 | +€3,090 | +158% |
| Taxes, remuneration and social security | 45 | €5,022 | €4,102 | -€920 | -18.3% |
| Taxes | 450/3 | €5,022 | €4,102 | -€920 | -18.3% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €98 | €12 | -€85 | -87.3% |
| Accrued charges and deferred income | 492/3 | €98 | €0 | -€98 | -100% |
| Non-recurring operating income | 76A | €17,500 | - | -€17,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38 | - | -€38 | |
| Other operating charges | 640/8 | €858 | €1,201 | +€343 | +40.0% |
| Non-recurring operating charges | 66A | €919 | - | -€919 | |
| Gross operating margin | 9900 | €20,213 | -€6,110 | -€26,323 | |
| Operating profit (loss) | 9901 | €18,398 | -€7,311 | -€25,708 | |
| Financial income | 75/76B | €3,976 | €4,184 | +€207 | +5.2% |
| Recurring financial income | 75 | €3,976 | €4,184 | +€207 | +5.2% |
| Financial charges | 65/66B | €305 | €184 | -€121 | -39.7% |
| Recurring financial charges | 65 | €305 | €184 | -€121 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €22,069 | -€3,311 | -€25,380 | |
| Income taxes | 67/77 | €2,172 | €167 | -€2,005 | -92.3% |
| Profit (loss) for the period | 9904 | €19,896 | -€3,478 | -€23,374 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,896 | -€3,478 | -€23,374 |
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 28 October 2026 via checked.be.