AIRCOM TRADE: 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.
AIRCOM TRADE
Largest movements
- Receivables within one year -€71,364
down €71,364 (-73.5%), from €97,146 to €25,783
of which Other amounts receivable: -€75,297
- Tangible fixed assets +€67,125
up €67,125 (+120.3%), from €55,779 to €122,903
of which Furniture and vehicles: +€92,183
- Cash -€64,916
down €64,916 (-48.0%), from €135,342 to €70,427
mainly Investment in fixed assets (net) (-€110,555) and Other debts (-€50,399)
- Intangible fixed assets -€6,709
down €6,709 (-54.9%), from €12,219 to €5,510
- Stocks and contracts -€5,685
down €5,685 (-15.3%), from €37,060 to €31,375
- Other debts -€50,399
down €50,399 (-100.0%), from €50,399 to €0
- Profit (loss) carried forward -€38,884
down €38,884, from €2,364 to -€36,519
- Debts after one year +€17,117
up €17,117 (+33.3%), from €51,333 to €68,450
- Trade debts -€7,087
down €7,087 (-50.6%), from €13,998 to €6,911
- Gross operating margin -€62,185
down €62,185 (-74.1%), from €83,935 to €21,749
- Depreciation +€17,447
up €17,447 (+53.4%), from €32,692 to €50,139
- Taxes -€13,363
down €13,363 (-98.1%), from €13,627 to €264
- Write-downs +€2,616
up €2,616, from -€523 to €2,094
- Financial income -€2,502
down €2,502 (-84.2%), from €2,972 to €470
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 | €341,034 | €261,939 | -€79,095 | -23.2% |
| Fixed assets | 21/28 | €67,998 | €128,413 | +€60,416 | +88.8% |
| Intangible fixed assets | 21 | €12,219 | €5,510 | -€6,709 | -54.9% |
| Tangible fixed assets | 22/27 | €55,779 | €122,903 | +€67,125 | +120.3% |
| Land and buildings | 22 | €55,779 | €30,720 | -€25,058 | -44.9% |
| Furniture and vehicles | 24 | - | €92,183 | +€92,183 | |
| Current assets | 29/58 | €273,037 | €133,526 | -€139,511 | -51.1% |
| Stocks and contracts in progress | 3 | €37,060 | €31,375 | -€5,685 | -15.3% |
| Stocks | 30/36 | €37,060 | €31,375 | -€5,685 | -15.3% |
| Amounts receivable within one year | 40/41 | €97,146 | €25,783 | -€71,364 | -73.5% |
| Trade receivables | 40 | €11,676 | €15,610 | +€3,933 | +33.7% |
| Other amounts receivable | 41 | €85,470 | €10,173 | -€75,297 | -88.1% |
| Current investments | 50/53 | €3,000 | €5,030 | +€2,030 | +67.7% |
| Cash at bank and in hand | 54/58 | €135,342 | €70,427 | -€64,916 | -48.0% |
| Deferred charges and accrued income | 490/1 | €487 | €911 | +€424 | +86.9% |
| Total equity and liabilities | 10/49 | €341,034 | €261,939 | -€79,095 | -23.2% |
| Equity | 10/15 | €186,212 | €147,328 | -€38,884 | -20.9% |
| Contributions | 10/11 | €22,500 | €22,500 | = | 0.0% |
| Reserves | 13 | €161,347 | €161,347 | = | 0.0% |
| Distributable reserves | 133 | €161,347 | €161,347 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,364 | -€36,519 | -€38,884 | |
| Amounts payable | 17/49 | €154,823 | €114,611 | -€40,212 | -26.0% |
| Amounts payable after more than one year | 17 | €51,333 | €68,450 | +€17,117 | +33.3% |
| Financial debts | 170/4 | €51,333 | €68,450 | +€17,117 | +33.3% |
| Amounts payable within one year | 42/48 | €103,490 | €46,161 | -€57,328 | -55.4% |
| Current portion of amounts payable after more than one year | 42 | €33,277 | €34,179 | +€901 | +2.7% |
| Trade debts | 44 | €13,998 | €6,911 | -€7,087 | -50.6% |
| Suppliers | 440/4 | €13,998 | €6,911 | -€7,087 | -50.6% |
| Taxes, remuneration and social security | 45 | €5,815 | €5,072 | -€743 | -12.8% |
| Taxes | 450/3 | €3,015 | €5,072 | +€2,057 | +68.2% |
| Remuneration and social security | 454/9 | €2,800 | €0 | -€2,800 | -100.0% |
| Other amounts payable | 47/48 | €50,399 | €0 | -€50,399 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,692 | €50,139 | +€17,447 | +53.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€523 | €2,094 | +€2,616 | |
| Other operating charges | 640/8 | €4,653 | €4,344 | -€308 | -6.6% |
| Gross operating margin | 9900 | €83,935 | €21,749 | -€62,185 | -74.1% |
| Operating profit (loss) | 9901 | €47,112 | -€34,828 | -€81,940 | |
| Financial income | 75/76B | €2,972 | €470 | -€2,502 | -84.2% |
| Recurring financial income | 75 | €2,972 | €470 | -€2,502 | -84.2% |
| Financial charges | 65/66B | €4,015 | €4,262 | +€247 | +6.2% |
| Recurring financial charges | 65 | €4,015 | €4,262 | +€247 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €46,069 | -€38,620 | -€84,689 | |
| Income taxes | 67/77 | €13,627 | €264 | -€13,363 | -98.1% |
| Profit (loss) for the period | 9904 | €32,443 | -€38,884 | -€71,326 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,443 | -€38,884 | -€71,326 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.