AIRCO LAB: 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.
AIRCO LAB
Largest movements
- Receivables within one year +€4,860
new in 2025: €4,860
- Cash -€1,716
down €1,716 (-31.5%), from €5,454 to €3,738
mainly Receivables within one year (-€4,860) and Other debts (-€146)
- Tangible fixed assets -€731
no longer reported in 2025 (was €731)
- Profit (loss) carried forward +€2,559
up €2,559 (+15.6%), from -€16,363 to -€13,805
- Other debts -€146
down €146 (-6.6%), from €2,205 to €2,059
- Gross operating margin +€4,793
up €4,793, from -€1,071 to €3,722
- Depreciation -€144
down €144 (-16.4%), from €875 to €731
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 | €6,294 | €8,706 | +€2,412 | +38.3% |
| Fixed assets | 21/28 | €731 | - | -€731 | |
| Tangible fixed assets | 22/27 | €731 | - | -€731 | |
| Furniture and vehicles | 24 | €731 | - | -€731 | |
| Current assets | 29/58 | €5,562 | €8,706 | +€3,143 | +56.5% |
| Amounts receivable within one year | 40/41 | - | €4,860 | +€4,860 | |
| Trade receivables | 40 | - | €4,860 | +€4,860 | |
| Current investments | 50/53 | €15 | €15 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,454 | €3,738 | -€1,716 | -31.5% |
| Deferred charges and accrued income | 490/1 | €93 | €93 | -€0 | -0.4% |
| Total equity and liabilities | 10/49 | €6,294 | €8,706 | +€2,412 | +38.3% |
| Equity | 10/15 | €4,088 | €6,647 | +€2,559 | +62.6% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,363 | -€13,805 | +€2,559 | +15.6% |
| Amounts payable | 17/49 | €2,205 | €2,059 | -€146 | -6.6% |
| Amounts payable within one year | 42/48 | €2,205 | €2,059 | -€146 | -6.6% |
| Other amounts payable | 47/48 | €2,205 | €2,059 | -€146 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €875 | €731 | -€144 | -16.4% |
| Other operating charges | 640/8 | €394 | €387 | -€7 | -1.8% |
| Gross operating margin | 9900 | -€1,071 | €3,722 | +€4,793 | |
| Operating profit (loss) | 9901 | -€2,340 | €2,604 | +€4,944 | |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,385 | €2,559 | +€4,944 | |
| Profit (loss) for the period | 9904 | -€2,385 | €2,559 | +€4,944 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,385 | €2,559 | +€4,944 |
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 14 October 2026 via checked.be.