AIRCARGO.BE: 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.
AIRCARGO.BE
Largest movements
- Cash +€5,439
up €5,439 (+3.9%), from €139,393 to €144,832
mainly Net result for the year (+€21,313) and Tax, wage and social debts (+€5,480)
- Trade debts -€25,626
down €25,626 (-13.6%), from €188,985 to €163,359
- Profit (loss) carried forward +€21,313
up €21,313 (+15.0%), from €142,425 to €163,738
- Tax, wage and social debts +€5,480
up €5,480 (+58.9%), from €9,309 to €14,790
- Gross operating margin -€24,298
down €24,298 (-45.0%), from €53,999 to €29,701
- Taxes -€5,986
down €5,986 (-43.1%), from €13,888 to €7,902
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 | €364,441 | €365,607 | +€1,166 | +0.3% |
| Fixed assets | 21/28 | €1,700 | €1,700 | = | 0.0% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €362,741 | €363,907 | +€1,166 | +0.3% |
| Amounts receivable after more than one year | 29 | €210,000 | €210,000 | = | 0.0% |
| Other amounts receivable | 291 | €210,000 | €210,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,328 | €9,075 | -€3,253 | -26.4% |
| Trade receivables | 40 | €11,953 | €8,673 | -€3,280 | -27.4% |
| Other amounts receivable | 41 | €375 | €402 | +€27 | +7.2% |
| Cash at bank and in hand | 54/58 | €139,393 | €144,832 | +€5,439 | +3.9% |
| Deferred charges and accrued income | 490/1 | €1,020 | €0 | -€1,020 | -100% |
| Total equity and liabilities | 10/49 | €364,441 | €365,607 | +€1,166 | +0.3% |
| Equity | 10/15 | €162,830 | €184,143 | +€21,313 | +13.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,425 | €163,738 | +€21,313 | +15.0% |
| Amounts payable | 17/49 | €201,611 | €181,465 | -€20,146 | -10.0% |
| Amounts payable within one year | 42/48 | €201,611 | €181,465 | -€20,146 | -10.0% |
| Trade debts | 44 | €188,985 | €163,359 | -€25,626 | -13.6% |
| Suppliers | 440/4 | €188,985 | €163,359 | -€25,626 | -13.6% |
| Taxes, remuneration and social security | 45 | €9,309 | €14,790 | +€5,480 | +58.9% |
| Taxes | 450/3 | €9,309 | €14,790 | +€5,480 | +58.9% |
| Other amounts payable | 47/48 | €3,316 | €3,316 | = | 0.0% |
| Other operating charges | 640/8 | €0 | €425 | +€425 | |
| Gross operating margin | 9900 | €53,999 | €29,701 | -€24,298 | -45.0% |
| Operating profit (loss) | 9901 | €53,999 | €29,276 | -€24,723 | -45.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €73 | €61 | -€12 | -16.5% |
| Recurring financial charges | 65 | €73 | €61 | -€12 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €53,925 | €29,214 | -€24,711 | -45.8% |
| Income taxes | 67/77 | €13,888 | €7,902 | -€5,986 | -43.1% |
| Profit (loss) for the period | 9904 | €40,038 | €21,313 | -€18,725 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €40,038 | €21,313 | -€18,725 | -46.8% |
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 18 October 2026 via checked.be.