AIR TECHNOLOGIES: 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 TECHNOLOGIES
Largest movements
- Cash -€159,778
down €159,778 (-34.0%), from €469,365 to €309,587
mainly Contributions, distributions and other (-€325,000) and Trade debts (-€316,612)
- Stocks and contracts -€144,118
down €144,118 (-55.9%), from €257,841 to €113,723
- Receivables within one year -€125,422
down €125,422 (-5.5%), from €2.3m to €2.2m
of which Other amounts receivable: -€307,244
- Tangible fixed assets +€40,201
up €40,201 (+27.0%), from €149,112 to €189,313
- Trade debts -€316,612
down €316,612 (-38.5%), from €822,755 to €506,142
- Other debts -€151,293
down €151,293 (-28.1%), from €538,897 to €387,604
- Tax, wage and social debts -€122,957
down €122,957 (-47.6%), from €258,251 to €135,293
of which Remuneration and social security: -€94,434
- Current portion of long-term debt +€96,797
up €96,797 (+134.1%), from €72,203 to €169,001
- Reserves +€86,444
up €86,444 (+6.5%), from €1.3m to €1.4m
of which Distributable reserves: +€86,444
- Gross operating margin +€693,805
up €693,805 (+32.5%), from €2.1m to €2.8m
- Staff costs +€331,921
up €331,921 (+18.1%), from €1.8m to €2.2m
- Taxes +€83,825
up €83,825 (+129.4%), from €64,796 to €148,621
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.
Cash bridge derived
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 | €3,221,549 | €2,819,039 | -€402,510 | -12.5% |
| Fixed assets | 21/28 | €181,550 | €198,576 | +€17,026 | +9.4% |
| Intangible fixed assets | 21 | €24,537 | €1,362 | -€23,175 | -94.4% |
| Tangible fixed assets | 22/27 | €149,112 | €189,313 | +€40,201 | +27.0% |
| Land and buildings | 22 | €9,660 | €7,616 | -€2,044 | -21.2% |
| Plant, machinery and equipment | 23 | €19,908 | €37,566 | +€17,658 | +88.7% |
| Furniture and vehicles | 24 | €58,952 | €69,860 | +€10,908 | +18.5% |
| Other tangible fixed assets | 26 | €60,592 | €74,271 | +€13,679 | +22.6% |
| Financial fixed assets | 28 | €7,901 | €7,901 | = | 0.0% |
| Current assets | 29/58 | €3,039,998 | €2,620,462 | -€419,536 | -13.8% |
| Stocks and contracts in progress | 3 | €257,841 | €113,723 | -€144,118 | -55.9% |
| Stocks | 30/36 | €257,841 | €113,723 | -€144,118 | -55.9% |
| Amounts receivable within one year | 40/41 | €2,290,563 | €2,165,141 | -€125,422 | -5.5% |
| Trade receivables | 40 | €1,583,800 | €1,765,622 | +€181,822 | +11.5% |
| Other amounts receivable | 41 | €706,763 | €399,519 | -€307,244 | -43.5% |
| Cash at bank and in hand | 54/58 | €469,365 | €309,587 | -€159,778 | -34.0% |
| Deferred charges and accrued income | 490/1 | €22,229 | €32,011 | +€9,782 | +44.0% |
| Total equity and liabilities | 10/49 | €3,221,549 | €2,819,039 | -€402,510 | -12.5% |
| Equity | 10/15 | €1,479,115 | €1,565,559 | +€86,444 | +5.8% |
| Contributions | 10/11 | €142,000 | €142,000 | = | 0.0% |
| Capital | 10 | €142,000 | €142,000 | = | 0.0% |
| Issued capital | 100 | €142,000 | €142,000 | = | 0.0% |
| Reserves | 13 | €1,337,115 | €1,423,559 | +€86,444 | +6.5% |
| Non-distributable reserves | 130/1 | €14,200 | €14,200 | = | 0.0% |
| Legal reserve | 130 | €14,200 | €14,200 | = | 0.0% |
| Distributable reserves | 133 | €1,322,915 | €1,409,359 | +€86,444 | +6.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €50,328 | €50,328 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €50,328 | €50,328 | = | 0.0% |
| Environmental obligations | 163 | - | €17,220 | +€17,220 | |
| Other liabilities and charges | 164/5 | €50,328 | €33,108 | -€17,220 | -34.2% |
| Amounts payable | 17/49 | €1,692,106 | €1,203,151 | -€488,954 | -28.9% |
| Amounts payable after more than one year | 17 | €0 | €5,111 | +€5,111 | |
| Financial debts | 170/4 | €0 | €5,111 | +€5,111 | |
| Amounts payable within one year | 42/48 | €1,692,106 | €1,198,041 | -€494,065 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €72,203 | €169,001 | +€96,797 | +134.1% |
| Trade debts | 44 | €822,755 | €506,142 | -€316,612 | -38.5% |
| Suppliers | 440/4 | €822,755 | €506,142 | -€316,612 | -38.5% |
| Taxes, remuneration and social security | 45 | €258,251 | €135,293 | -€122,957 | -47.6% |
| Taxes | 450/3 | €78,187 | €49,664 | -€28,523 | -36.5% |
| Remuneration and social security | 454/9 | €180,064 | €85,629 | -€94,434 | -52.4% |
| Other amounts payable | 47/48 | €538,897 | €387,604 | -€151,293 | -28.1% |
| Non-recurring operating income | 76A | - | €9,425 | +€9,425 | |
| Remuneration, social security and pensions | 62 | €1,838,270 | €2,170,190 | +€331,921 | +18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,552 | €83,348 | +€4,796 | +6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,775 | €9,089 | -€3,685 | -28.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€1,798 | €0 | +€1,798 | |
| Other operating charges | 640/8 | €16,840 | €13,530 | -€3,311 | -19.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €2,132,415 | €2,826,220 | +€693,805 | +32.5% |
| Operating profit (loss) | 9901 | €187,777 | €550,063 | +€362,286 | +192.9% |
| Financial income | 75/76B | €35,321 | €38,787 | +€3,466 | +9.8% |
| Recurring financial income | 75 | €35,321 | €38,787 | +€3,466 | +9.8% |
| Financial charges | 65/66B | €24,198 | €28,785 | +€4,587 | +19.0% |
| Recurring financial charges | 65 | €24,198 | €28,785 | +€4,587 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | €198,900 | €560,065 | +€361,165 | +181.6% |
| Income taxes | 67/77 | €64,796 | €148,621 | +€83,825 | +129.4% |
| Profit (loss) for the period | 9904 | €134,104 | €411,444 | +€277,341 | +206.8% |
| Profit (loss) for the period to be appropriated | 9905 | €134,104 | €411,444 | +€277,341 | +206.8% |
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 12 October 2026 via checked.be.