Airborne: what changed
Two fiscal 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.
Airborne
Largest movements
- Deferred charges and accrued income -€77,807
down €77,807 (-99.8%), from €77,982 to €175
- Receivables within one year +€39,970
up €39,970 (+53.0%), from €75,406 to €115,377
- Cash +€39,400
up €39,400 (+941.6%), from €4,184 to €43,584
mainly Net result for the year (+€79,753) and Deferred charges and accrued income (+€77,807)
- Tangible fixed assets -€6,111
down €6,111 (-63.6%), from €9,615 to €3,503
of which Furniture and vehicles: -€6,111
- Profit (loss) carried forward +€79,753
up €79,753 (+75.8%), from -€105,197 to -€25,444
- Short-term financial debts -€35,000
no longer reported in 2025 (was €35,000)
- Other debts -€33,032
no longer reported in 2025 (was €33,032)
- Trade debts -€16,172
down €16,172 (-48.0%), from €33,700 to €17,528
- Gross operating margin +€136,724
up €136,724, from -€30,129 to €106,595
- Financial income -€28,590
down €28,590 (-96.7%), from €29,579 to €989
- Depreciation -€19,313
down €19,313 (-76.0%), from €25,424 to €6,111
- Financial charges +€12,568
up €12,568 (+1532.7%), from €820 to €13,388
- Taxes +€2,741
up €2,741, from €0 to €2,741
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 | €167,187 | €162,639 | -€4,548 | -2.7% |
| Fixed assets | 21/28 | €9,615 | €3,503 | -€6,111 | -63.6% |
| Tangible fixed assets | 22/27 | €9,615 | €3,503 | -€6,111 | -63.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €9,615 | €3,503 | -€6,111 | -63.6% |
| Current assets | 29/58 | €157,572 | €159,136 | +€1,563 | +1.0% |
| Amounts receivable within one year | 40/41 | €75,406 | €115,377 | +€39,970 | +53.0% |
| Other amounts receivable | 41 | €75,406 | €115,377 | +€39,970 | +53.0% |
| Cash at bank and in hand | 54/58 | €4,184 | €43,584 | +€39,400 | +941.6% |
| Deferred charges and accrued income | 490/1 | €77,982 | €175 | -€77,807 | -99.8% |
| Total equity and liabilities | 10/49 | €167,187 | €162,639 | -€4,548 | -2.7% |
| Equity | 10/15 | €65,358 | €145,111 | +€79,753 | +122.0% |
| Contributions | 10/11 | €74,400 | €74,400 | = | 0.0% |
| Capital | 10 | €74,400 | €74,400 | = | 0.0% |
| Issued capital | 100 | €74,400 | €74,400 | = | 0.0% |
| Reserves | 13 | €96,155 | €96,155 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,440 | €7,440 | = | 0.0% |
| Legal reserve | 130 | €7,440 | €7,440 | = | 0.0% |
| Distributable reserves | 133 | €88,715 | €88,715 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,197 | -€25,444 | +€79,753 | +75.8% |
| Amounts payable | 17/49 | €101,829 | €17,528 | -€84,301 | -82.8% |
| Amounts payable within one year | 42/48 | €101,732 | €17,528 | -€84,204 | -82.8% |
| Financial debts | 43 | €35,000 | - | -€35,000 | |
| Other loans | 439 | €35,000 | - | -€35,000 | |
| Trade debts | 44 | €33,700 | €17,528 | -€16,172 | -48.0% |
| Suppliers | 440/4 | €33,700 | €17,528 | -€16,172 | -48.0% |
| Other amounts payable | 47/48 | €33,032 | - | -€33,032 | |
| Accrued charges and deferred income | 492/3 | €97 | - | -€97 | |
| Non-recurring operating income | 76A | - | €215,073 | +€215,073 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,424 | €6,111 | -€19,313 | -76.0% |
| Other operating charges | 640/8 | €6,982 | €5,590 | -€1,391 | -19.9% |
| Gross operating margin | 9900 | -€30,129 | €106,595 | +€136,724 | |
| Operating profit (loss) | 9901 | -€62,535 | €94,893 | +€157,429 | |
| Financial income | 75/76B | €29,579 | €989 | -€28,590 | -96.7% |
| Recurring financial income | 75 | €29,579 | €989 | -€28,590 | -96.7% |
| Financial charges | 65/66B | €820 | €13,388 | +€12,568 | +1532.7% |
| Recurring financial charges | 65 | €820 | €13,388 | +€12,568 | +1532.7% |
| Profit (loss) for the period before taxes | 9903 | -€33,776 | €82,494 | +€116,270 | |
| Income taxes | 67/77 | €0 | €2,741 | +€2,741 | |
| Profit (loss) for the period | 9904 | -€33,776 | €79,753 | +€113,529 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,776 | €79,753 | +€113,529 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.