AIR SOLUTIONS GROUP: 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 GROUP
Largest movements
- Cash -€118,431
down €118,431 (-52.6%), from €225,361 to €106,931
mainly Net result for the year (-€78,782) and Tax, wage and social debts (-€35,250)
- Receivables within one year +€15,514
up €15,514 (+16.8%), from €92,277 to €107,791
of which Other amounts receivable: +€15,292
- Stocks and contracts -€12,850
down €12,850 (-56.2%), from €22,850 to €10,000
- Tangible fixed assets -€8,493
down €8,493 (-23.9%), from €35,501 to €27,008
of which Furniture and vehicles: -€8,257
- Profit (loss) carried forward -€78,782
down €78,782 (-51.1%), from €154,178 to €75,396
- Tax, wage and social debts -€35,250
down €35,250 (-99.0%), from €35,597 to €348
- Trade debts -€5,189
down €5,189 (-12.7%), from €40,919 to €35,730
- Debts after one year -€4,656
down €4,656 (-24.8%), from €18,770 to €14,114
- Gross operating margin -€5,824
down €5,824 (-9.0%), from -€64,595 to -€70,419
- Depreciation +€3,818
up €3,818 (+81.7%), from €4,675 to €8,493
- Financial income +€3,699
up €3,699 (+338%), from €1,096 to €4,795
of which Non-recurring financial income: +€4,446
- Financial charges +€828
up €828 (+46.5%), from €1,781 to €2,609
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 | €377,020 | €253,304 | -€123,716 | -32.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €35,501 | €27,008 | -€8,493 | -23.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €35,501 | €27,008 | -€8,493 | -23.9% |
| Plant, machinery and equipment | 23 | €259 | €23 | -€236 | -91.1% |
| Furniture and vehicles | 24 | €35,242 | €26,985 | -€8,257 | -23.4% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €341,519 | €226,296 | -€115,223 | -33.7% |
| Stocks and contracts in progress | 3 | €22,850 | €10,000 | -€12,850 | -56.2% |
| Stocks | 30/36 | €22,850 | €10,000 | -€12,850 | -56.2% |
| Amounts receivable within one year | 40/41 | €92,277 | €107,791 | +€15,514 | +16.8% |
| Trade receivables | 40 | €17,184 | €17,405 | +€222 | +1.3% |
| Other amounts receivable | 41 | €75,094 | €90,386 | +€15,292 | +20.4% |
| Cash at bank and in hand | 54/58 | €225,361 | €106,931 | -€118,431 | -52.6% |
| Deferred charges and accrued income | 490/1 | €1,030 | €1,574 | +€544 | +52.8% |
| Total equity and liabilities | 10/49 | €377,020 | €253,304 | -€123,716 | -32.8% |
| Equity | 10/15 | €277,238 | €198,456 | -€78,782 | -28.4% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €115,000 | €115,000 | = | 0.0% |
| Distributable reserves | 133 | €115,000 | €115,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,178 | €75,396 | -€78,782 | -51.1% |
| Amounts payable | 17/49 | €99,782 | €54,848 | -€44,934 | -45.0% |
| Amounts payable after more than one year | 17 | €18,770 | €14,114 | -€4,656 | -24.8% |
| Financial debts | 170/4 | €18,770 | €14,114 | -€4,656 | -24.8% |
| Amounts payable within one year | 42/48 | €81,012 | €40,734 | -€40,278 | -49.7% |
| Current portion of amounts payable after more than one year | 42 | €4,496 | €4,656 | +€160 | +3.6% |
| Trade debts | 44 | €40,919 | €35,730 | -€5,189 | -12.7% |
| Suppliers | 440/4 | €40,919 | €35,730 | -€5,189 | -12.7% |
| Taxes, remuneration and social security | 45 | €35,597 | €348 | -€35,250 | -99.0% |
| Taxes | 450/3 | €35,597 | €348 | -€35,250 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,675 | €8,493 | +€3,818 | +81.7% |
| Other operating charges | 640/8 | €1,340 | €1,682 | +€341 | +25.5% |
| Non-recurring operating charges | 66A | €16,444 | - | -€16,444 | |
| Gross operating margin | 9900 | -€64,595 | -€70,419 | -€5,824 | -9.0% |
| Operating profit (loss) | 9901 | -€87,054 | -€80,594 | +€6,460 | +7.4% |
| Financial income | 75/76B | €1,096 | €4,795 | +€3,699 | +338% |
| Recurring financial income | 75 | €1,096 | €348 | -€747 | -68.2% |
| Non-recurring financial income | 76B | - | €4,446 | +€4,446 | |
| Financial charges | 65/66B | €1,781 | €2,609 | +€828 | +46.5% |
| Recurring financial charges | 65 | €1,781 | €2,609 | +€828 | +46.5% |
| Profit (loss) for the period before taxes | 9903 | -€87,739 | -€78,408 | +€9,331 | +10.6% |
| Income taxes | 67/77 | €414 | €374 | -€40 | -9.7% |
| Profit (loss) for the period | 9904 | -€88,153 | -€78,782 | +€9,371 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€88,153 | -€78,782 | +€9,371 | +10.6% |
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 14 October 2026 via checked.be.