AIR - TECH INDUSTRIES: 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 - TECH INDUSTRIES
Largest movements
- Receivables within one year +€100,627
up €100,627 (+42.4%), from €237,533 to €338,160
of which Trade receivables: +€73,717
- Stocks and contracts -€14,185
down €14,185 (-29.3%), from €48,360 to €34,175
- Tangible fixed assets -€13,107
down €13,107 (-42.5%), from €30,820 to €17,713
of which Furniture and vehicles: -€10,623
- Short-term financial debts +€29,804
new in 2024: €29,804
- Profit (loss) carried forward +€17,848
up €17,848 (+20.9%), from €85,449 to €103,297
- Tax, wage and social debts +€11,211
up €11,211 (+17.7%), from €63,413 to €74,624
of which Remuneration and social security: +€9,260
- Accrued charges and deferred income +€7,201
new in 2024: €7,201
- Trade debts +€6,969
up €6,969 (+11.9%), from €58,723 to €65,692
- Staff costs +€24,715
up €24,715 (+25.2%), from €98,040 to €122,755
- Gross operating margin +€22,358
up €22,358 (+15.9%), from €140,988 to €163,346
- Depreciation -€11,260
down €11,260 (-42.4%), from €26,586 to €15,326
- Other operating charges -€2,154
down €2,154 (-42.9%), from €5,020 to €2,866
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €317,585 | €390,618 | +€73,033 | +23.0% |
| Fixed assets | 21/28 | €31,018 | €17,911 | -€13,107 | -42.3% |
| Intangible fixed assets | 21 | €198 | €198 | = | 0.0% |
| Tangible fixed assets | 22/27 | €30,820 | €17,713 | -€13,107 | -42.5% |
| Plant, machinery and equipment | 23 | €6,027 | €3,543 | -€2,484 | -41.2% |
| Furniture and vehicles | 24 | €24,793 | €14,170 | -€10,623 | -42.8% |
| Current assets | 29/58 | €286,567 | €372,707 | +€86,140 | +30.1% |
| Stocks and contracts in progress | 3 | €48,360 | €34,175 | -€14,185 | -29.3% |
| Stocks | 30/36 | €48,360 | €34,175 | -€14,185 | -29.3% |
| Amounts receivable within one year | 40/41 | €237,533 | €338,160 | +€100,627 | +42.4% |
| Trade receivables | 40 | €229,049 | €302,766 | +€73,717 | +32.2% |
| Other amounts receivable | 41 | €8,484 | €35,394 | +€26,910 | +317% |
| Cash at bank and in hand | 54/58 | €674 | €372 | -€302 | -44.8% |
| Total equity and liabilities | 10/49 | €317,585 | €390,618 | +€73,033 | +23.0% |
| Equity | 10/15 | €195,449 | €213,297 | +€17,848 | +9.1% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €10,843 | €10,843 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €843 | €843 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,449 | €103,297 | +€17,848 | +20.9% |
| Amounts payable | 17/49 | €122,136 | €177,321 | +€55,185 | +45.2% |
| Amounts payable within one year | 42/48 | €122,136 | €170,120 | +€47,984 | +39.3% |
| Financial debts | 43 | - | €29,804 | +€29,804 | |
| Credit institutions | 430/8 | - | €29,804 | +€29,804 | |
| Trade debts | 44 | €58,723 | €65,692 | +€6,969 | +11.9% |
| Suppliers | 440/4 | €58,723 | €65,692 | +€6,969 | +11.9% |
| Taxes, remuneration and social security | 45 | €63,413 | €74,624 | +€11,211 | +17.7% |
| Taxes | 450/3 | €42,795 | €44,746 | +€1,951 | +4.6% |
| Remuneration and social security | 454/9 | €20,618 | €29,878 | +€9,260 | +44.9% |
| Accrued charges and deferred income | 492/3 | - | €7,201 | +€7,201 | |
| Remuneration, social security and pensions | 62 | €98,040 | €122,755 | +€24,715 | +25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,586 | €15,326 | -€11,260 | -42.4% |
| Other operating charges | 640/8 | €5,020 | €2,866 | -€2,154 | -42.9% |
| Gross operating margin | 9900 | €140,988 | €163,346 | +€22,358 | +15.9% |
| Operating profit (loss) | 9901 | €11,342 | €22,399 | +€11,057 | +97.5% |
| Financial income | 75/76B | €1,015 | €1,031 | +€16 | +1.6% |
| Recurring financial income | 75 | €1,015 | €1,031 | +€16 | +1.6% |
| Financial charges | 65/66B | €1,853 | €2,582 | +€729 | +39.3% |
| Recurring financial charges | 65 | €1,853 | €2,582 | +€729 | +39.3% |
| Profit (loss) for the period before taxes | 9903 | €10,504 | €20,848 | +€10,344 | +98.5% |
| Income taxes | 67/77 | €4,370 | €3,000 | -€1,370 | -31.4% |
| Profit (loss) for the period | 9904 | €6,134 | €17,848 | +€11,714 | +191% |
| Profit (loss) for the period to be appropriated | 9905 | €6,134 | €17,848 | +€11,714 | +191% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.