AIR VISION: 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 VISION
Largest movements
- Receivables within one year -€514,621
down €514,621 (-39.0%), from €1.3m to €805,331
of which Trade receivables: -€567,200
- Stocks and contracts -€430,711
down €430,711 (-94.0%), from €458,283 to €27,572
- Cash -€160,772
down €160,772 (-26.8%), from €599,725 to €438,954
mainly Advances received (-€597,226) and Trade debts (-€416,975)
- Advances received -€597,226
down €597,226 (-89.6%), from €666,852 to €69,626
- Trade debts -€416,975
down €416,975 (-51.3%), from €813,078 to €396,103
- Profit (loss) carried forward -€83,335
down €83,335 (-9.8%), from €846,989 to €763,655
- Tax, wage and social debts -€28,717
down €28,717 (-47.7%), from €60,199 to €31,482
of which Taxes: -€34,837
- Gross operating margin -€169,634
down €169,634 (-70.3%), from €241,139 to €71,505
- Taxes -€28,213
down €28,213 (-100%), from €28,213 to €0
- Financial income -€9,198
down €9,198 (-94.2%), from €9,759 to €561
- Staff costs +€6,950
up €6,950 (+5.6%), from €123,591 to €130,541
- Depreciation -€5,549
down €5,549 (-45.0%), from €12,328 to €6,779
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 | €2,433,019 | €1,304,886 | -€1.1m | -46.4% |
| Fixed assets | 21/28 | €42,153 | €23,197 | -€18,957 | -45.0% |
| Tangible fixed assets | 22/27 | €40,259 | €21,282 | -€18,977 | -47.1% |
| Furniture and vehicles | 24 | €40,259 | €21,282 | -€18,977 | -47.1% |
| Financial fixed assets | 28 | €1,895 | €1,915 | +€20 | +1.1% |
| Current assets | 29/58 | €2,390,865 | €1,281,689 | -€1.1m | -46.4% |
| Stocks and contracts in progress | 3 | €458,283 | €27,572 | -€430,711 | -94.0% |
| Stocks | 30/36 | €458,283 | €27,572 | -€430,711 | -94.0% |
| Amounts receivable within one year | 40/41 | €1,319,952 | €805,331 | -€514,621 | -39.0% |
| Trade receivables | 40 | €1,304,380 | €737,180 | -€567,200 | -43.5% |
| Other amounts receivable | 41 | €15,572 | €68,151 | +€52,579 | +338% |
| Cash at bank and in hand | 54/58 | €599,725 | €438,954 | -€160,772 | -26.8% |
| Deferred charges and accrued income | 490/1 | €12,906 | €9,833 | -€3,073 | -23.8% |
| Total equity and liabilities | 10/49 | €2,433,019 | €1,304,886 | -€1.1m | -46.4% |
| Equity | 10/15 | €874,489 | €791,155 | -€83,335 | -9.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €846,989 | €763,655 | -€83,335 | -9.8% |
| Amounts payable | 17/49 | €1,558,529 | €513,731 | -€1.0m | -67.0% |
| Amounts payable within one year | 42/48 | €1,540,129 | €497,211 | -€1.0m | -67.7% |
| Trade debts | 44 | €813,078 | €396,103 | -€416,975 | -51.3% |
| Suppliers | 440/4 | €813,078 | €396,103 | -€416,975 | -51.3% |
| Advances received on contracts in progress | 46 | €666,852 | €69,626 | -€597,226 | -89.6% |
| Taxes, remuneration and social security | 45 | €60,199 | €31,482 | -€28,717 | -47.7% |
| Taxes | 450/3 | €41,690 | €6,853 | -€34,837 | -83.6% |
| Remuneration and social security | 454/9 | €18,510 | €24,630 | +€6,120 | +33.1% |
| Accrued charges and deferred income | 492/3 | €18,400 | €16,520 | -€1,880 | -10.2% |
| Remuneration, social security and pensions | 62 | €123,591 | €130,541 | +€6,950 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,328 | €6,779 | -€5,549 | -45.0% |
| Other operating charges | 640/8 | €3,551 | €8,961 | +€5,411 | +152% |
| Gross operating margin | 9900 | €241,139 | €71,505 | -€169,634 | -70.3% |
| Operating profit (loss) | 9901 | €101,670 | -€74,776 | -€176,446 | |
| Financial income | 75/76B | €9,759 | €561 | -€9,198 | -94.2% |
| Recurring financial income | 75 | €9,759 | €561 | -€9,198 | -94.2% |
| Financial charges | 65/66B | €7,108 | €9,120 | +€2,012 | +28.3% |
| Recurring financial charges | 65 | €7,108 | €9,120 | +€2,012 | +28.3% |
| Profit (loss) for the period before taxes | 9903 | €104,322 | -€83,335 | -€187,656 | |
| Income taxes | 67/77 | €28,213 | €0 | -€28,213 | -100% |
| Profit (loss) for the period | 9904 | €76,109 | -€83,335 | -€159,444 | |
| Profit (loss) for the period to be appropriated | 9905 | €76,109 | -€83,335 | -€159,444 |
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 24 October 2026 via checked.be.