airco solutions: 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 solutions
Largest movements
- Receivables within one year -€178,021
down €178,021 (-81.8%), from €217,726 to €39,705
of which Trade receivables: -€150,224
- Cash +€100,091
up €100,091 (+51.1%), from €195,857 to €295,948
mainly Receivables within one year (+€178,021) and Net result for the year (+€116,074)
- Tangible fixed assets -€22,052
down €22,052 (-16.6%), from €133,144 to €111,092
of which Furniture and vehicles: -€17,955
- Current investments +€20,000
up €20,000 (+10.6%), from €188,511 to €208,511
- Trade debts -€140,985
down €140,985 (-71.5%), from €197,319 to €56,334
- Other debts +€57,666
up €57,666 (+97.1%), from €59,397 to €117,064
- Gross operating margin +€20,029
up €20,029 (+13.3%), from €150,498 to €170,527
- Financial income +€11,367
up €11,367 (+398%), from €2,857 to €14,224
- Depreciation +€6,964
up €6,964 (+46.2%), from €15,087 to €22,052
- Taxes -€4,886
down €4,886 (-10.0%), from €49,063 to €44,176
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 | €737,495 | €656,881 | -€80,614 | -10.9% |
| Fixed assets | 21/28 | €133,144 | €111,092 | -€22,052 | -16.6% |
| Tangible fixed assets | 22/27 | €133,144 | €111,092 | -€22,052 | -16.6% |
| Land and buildings | 22 | €74,927 | €71,219 | -€3,708 | -4.9% |
| Plant, machinery and equipment | 23 | €732 | €343 | -€389 | -53.1% |
| Furniture and vehicles | 24 | €57,485 | €39,530 | -€17,955 | -31.2% |
| Current assets | 29/58 | €604,351 | €545,788 | -€58,563 | -9.7% |
| Amounts receivable within one year | 40/41 | €217,726 | €39,705 | -€178,021 | -81.8% |
| Trade receivables | 40 | €181,275 | €31,050 | -€150,224 | -82.9% |
| Other amounts receivable | 41 | €36,451 | €8,655 | -€27,797 | -76.3% |
| Current investments | 50/53 | €188,511 | €208,511 | +€20,000 | +10.6% |
| Cash at bank and in hand | 54/58 | €195,857 | €295,948 | +€100,091 | +51.1% |
| Deferred charges and accrued income | 490/1 | €2,257 | €1,624 | -€633 | -28.0% |
| Total equity and liabilities | 10/49 | €737,495 | €656,881 | -€80,614 | -10.9% |
| Equity | 10/15 | €479,353 | €479,537 | +€183 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €460,753 | €460,937 | +€183 | 0.0% |
| Distributable reserves | 133 | €460,753 | €460,937 | +€183 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €258,142 | €177,344 | -€80,798 | -31.3% |
| Amounts payable within one year | 42/48 | €256,717 | €177,344 | -€79,373 | -30.9% |
| Trade debts | 44 | €197,319 | €56,334 | -€140,985 | -71.5% |
| Suppliers | 440/4 | €197,319 | €56,334 | -€140,985 | -71.5% |
| Taxes, remuneration and social security | 45 | €0 | €3,947 | +€3,947 | |
| Taxes | 450/3 | €0 | €3,947 | +€3,947 | |
| Other amounts payable | 47/48 | €59,397 | €117,064 | +€57,666 | +97.1% |
| Accrued charges and deferred income | 492/3 | €1,425 | €0 | -€1,425 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,087 | €22,052 | +€6,964 | +46.2% |
| Other operating charges | 640/8 | €2,055 | €1,898 | -€156 | -7.6% |
| Gross operating margin | 9900 | €150,498 | €170,527 | +€20,029 | +13.3% |
| Operating profit (loss) | 9901 | €133,356 | €146,577 | +€13,221 | +9.9% |
| Financial income | 75/76B | €2,857 | €14,224 | +€11,367 | +398% |
| Recurring financial income | 75 | €2,857 | €14,224 | +€11,367 | +398% |
| Financial charges | 65/66B | €557 | €551 | -€6 | -1.1% |
| Recurring financial charges | 65 | €557 | €551 | -€6 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €135,656 | €160,250 | +€24,594 | +18.1% |
| Income taxes | 67/77 | €49,063 | €44,176 | -€4,886 | -10.0% |
| Profit (loss) for the period | 9904 | €86,594 | €116,074 | +€29,480 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €86,594 | €116,074 | +€29,480 | +34.0% |
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 21 October 2026 via checked.be.