AIR SOLUTIONS: 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 SOLUTIONS
Largest movements
- Tangible fixed assets +€268,331
up €268,331 (+46.4%), from €578,248 to €846,579
of which Land and buildings: +€290,173
- Receivables within one year -€84,707
down €84,707 (-74.1%), from €114,289 to €29,582
of which Other amounts receivable: -€47,036
- Cash +€64,893
up €64,893 (+117%), from €55,475 to €120,367
mainly Debts after one year (+€220,466) and Other debts (+€155,385)
- Stocks and contracts +€23,592
new in 2025: €23,592
- Debts after one year +€220,466
up €220,466 (+71.0%), from €310,588 to €531,054
- Other debts +€155,385
up €155,385 (+128,386%), from €121 to €155,506
- Reserves -€151,225
down €151,225 (-36.2%), from €417,512 to €266,286
- Current portion of long-term debt +€42,757
up €42,757 (+448%), from €9,536 to €52,293
- Gross operating margin -€84,203
down €84,203 (-25.2%), from €333,804 to €249,601
- Taxes -€28,173
down €28,173 (-62.0%), from €45,431 to €17,258
- Depreciation +€15,765
up €15,765 (+55.4%), from €28,470 to €44,235
- Staff costs -€13,817
down €13,817 (-11.9%), from €116,421 to €102,604
- Financial charges +€11,871
up €11,871 (+409%), from €2,902 to €14,773
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 | €752,729 | €1,024,707 | +€271,978 | +36.1% |
| Fixed assets | 21/28 | €578,248 | €846,579 | +€268,331 | +46.4% |
| Tangible fixed assets | 22/27 | €578,248 | €846,579 | +€268,331 | +46.4% |
| Land and buildings | 22 | €526,187 | €816,360 | +€290,173 | +55.1% |
| Plant, machinery and equipment | 23 | €8,185 | €5,728 | -€2,457 | -30.0% |
| Furniture and vehicles | 24 | €43,876 | €24,491 | -€19,386 | -44.2% |
| Current assets | 29/58 | €174,481 | €178,129 | +€3,647 | +2.1% |
| Stocks and contracts in progress | 3 | - | €23,592 | +€23,592 | |
| Contracts in progress | 37 | - | €23,592 | +€23,592 | |
| Amounts receivable within one year | 40/41 | €114,289 | €29,582 | -€84,707 | -74.1% |
| Trade receivables | 40 | €44,512 | €6,840 | -€37,672 | -84.6% |
| Other amounts receivable | 41 | €69,777 | €22,742 | -€47,036 | -67.4% |
| Cash at bank and in hand | 54/58 | €55,475 | €120,367 | +€64,893 | +117% |
| Deferred charges and accrued income | 490/1 | €4,717 | €4,587 | -€130 | -2.8% |
| Total equity and liabilities | 10/49 | €752,729 | €1,024,707 | +€271,978 | +36.1% |
| Equity | 10/15 | €422,512 | €271,286 | -€151,225 | -35.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €417,512 | €266,286 | -€151,225 | -36.2% |
| Distributable reserves | 133 | €417,512 | €266,286 | -€151,225 | -36.2% |
| Amounts payable | 17/49 | €330,218 | €753,421 | +€423,203 | +128% |
| Amounts payable after more than one year | 17 | €310,588 | €531,054 | +€220,466 | +71.0% |
| Financial debts | 170/4 | €310,588 | €531,054 | +€220,466 | +71.0% |
| Amounts payable within one year | 42/48 | €19,630 | €221,336 | +€201,706 | +1,028% |
| Current portion of amounts payable after more than one year | 42 | €9,536 | €52,293 | +€42,757 | +448% |
| Trade debts | 44 | €4,542 | €5,133 | +€591 | +13.0% |
| Suppliers | 440/4 | €4,542 | €5,133 | +€591 | +13.0% |
| Taxes, remuneration and social security | 45 | €5,431 | €8,404 | +€2,973 | +54.7% |
| Taxes | 450/3 | €5,431 | €1,229 | -€4,202 | -77.4% |
| Remuneration and social security | 454/9 | - | €7,176 | +€7,176 | |
| Other amounts payable | 47/48 | €121 | €155,506 | +€155,385 | +128,386% |
| Accrued charges and deferred income | 492/3 | - | €1,031 | +€1,031 | |
| Non-recurring operating income | 76A | €1,893 | €7,345 | +€5,452 | +288% |
| Remuneration, social security and pensions | 62 | €116,421 | €102,604 | -€13,817 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,470 | €44,235 | +€15,765 | +55.4% |
| Other operating charges | 640/8 | €3,132 | €2,884 | -€248 | -7.9% |
| Non-recurring operating charges | 66A | €10,215 | €21,094 | +€10,879 | +107% |
| Gross operating margin | 9900 | €333,804 | €249,601 | -€84,203 | -25.2% |
| Operating profit (loss) | 9901 | €175,566 | €78,785 | -€96,782 | -55.1% |
| Financial income | 75/76B | €1,960 | €2,021 | +€61 | +3.1% |
| Recurring financial income | 75 | €1,960 | €2,021 | +€61 | +3.1% |
| Financial charges | 65/66B | €2,902 | €14,773 | +€11,871 | +409% |
| Recurring financial charges | 65 | €2,902 | €14,773 | +€11,871 | +409% |
| Profit (loss) for the period before taxes | 9903 | €174,624 | €66,033 | -€108,592 | -62.2% |
| Income taxes | 67/77 | €45,431 | €17,258 | -€28,173 | -62.0% |
| Profit (loss) for the period | 9904 | €129,193 | €48,775 | -€80,419 | -62.2% |
| Profit (loss) for the period to be appropriated | 9905 | €129,193 | €48,775 | -€80,419 | -62.2% |
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 16 October 2026 via checked.be.