AIRE: 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.
AIRE
Largest movements
- Receivables within one year -€16,774
down €16,774 (-99.4%), from €16,869 to €95
of which Trade receivables: -€16,774
- Intangible fixed assets -€1,500
down €1,500 (-50.0%), from €3,000 to €1,500
- Tangible fixed assets +€398
up €398 (+18.9%), from €2,100 to €2,498
of which Plant, machinery and equipment: +€1,448
- Deferred charges and accrued income +€391
up €391 (+39.1%), from €999 to €1,390
- Cash -€317
down €317 (-6.9%), from €4,604 to €4,287
mainly Trade debts (-€15,604) and Net result for the year (-€3,339)
- Trade debts -€15,604
down €15,604 (-96.8%), from €16,125 to €521
- Profit (loss) carried forward -€3,339
down €3,339 (-47.1%), from -€7,094 to -€10,433
- Tax, wage and social debts +€1,366
up €1,366 (+95.6%), from €1,429 to €2,795
of which Remuneration and social security: +€1,150
- Gross operating margin -€5,176
down €5,176 (-92.2%), from €5,612 to €437
- Depreciation +€307
up €307 (+12.0%), from €2,550 to €2,857
- Other operating charges -€299
down €299 (-29.3%), from €1,020 to €721
- Financial charges -€130
down €130 (-39.8%), from €327 to €197
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 | €29,472 | €11,970 | -€17,502 | -59.4% |
| Fixed assets | 21/28 | €5,100 | €3,998 | -€1,102 | -21.6% |
| Intangible fixed assets | 21 | €3,000 | €1,500 | -€1,500 | -50.0% |
| Tangible fixed assets | 22/27 | €2,100 | €2,498 | +€398 | +18.9% |
| Plant, machinery and equipment | 23 | €0 | €1,448 | +€1,448 | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €2,100 | €1,050 | -€1,050 | -50.0% |
| Current assets | 29/58 | €24,372 | €7,972 | -€16,400 | -67.3% |
| Stocks and contracts in progress | 3 | €1,900 | €2,200 | +€300 | +15.8% |
| Stocks | 30/36 | €1,900 | €2,200 | +€300 | +15.8% |
| Amounts receivable within one year | 40/41 | €16,869 | €95 | -€16,774 | -99.4% |
| Trade receivables | 40 | €16,869 | €95 | -€16,774 | -99.4% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €4,604 | €4,287 | -€317 | -6.9% |
| Deferred charges and accrued income | 490/1 | €999 | €1,390 | +€391 | +39.1% |
| Total equity and liabilities | 10/49 | €29,472 | €11,970 | -€17,502 | -59.4% |
| Equity | 10/15 | €11,506 | €8,167 | -€3,339 | -29.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,094 | -€10,433 | -€3,339 | -47.1% |
| Amounts payable | 17/49 | €17,966 | €3,802 | -€14,163 | -78.8% |
| Amounts payable within one year | 42/48 | €17,966 | €3,802 | -€14,163 | -78.8% |
| Trade debts | 44 | €16,125 | €521 | -€15,604 | -96.8% |
| Suppliers | 440/4 | €16,125 | €521 | -€15,604 | -96.8% |
| Taxes, remuneration and social security | 45 | €1,429 | €2,795 | +€1,366 | +95.6% |
| Taxes | 450/3 | €1,279 | €1,495 | +€216 | +16.9% |
| Remuneration and social security | 454/9 | €150 | €1,300 | +€1,150 | +766.7% |
| Other amounts payable | 47/48 | €412 | €487 | +€75 | +18.2% |
| Turnover | 70 | - | €0 | = | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,550 | €2,857 | +€307 | +12.0% |
| Other operating charges | 640/8 | €1,020 | €721 | -€299 | -29.3% |
| Gross operating margin | 9900 | €5,612 | €437 | -€5,176 | -92.2% |
| Operating profit (loss) | 9901 | €2,042 | -€3,142 | -€5,184 | |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €327 | €197 | -€130 | -39.8% |
| Recurring financial charges | 65 | €327 | €197 | -€130 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | €1,715 | -€3,339 | -€5,054 | |
| Profit (loss) for the period | 9904 | €1,715 | -€3,339 | -€5,054 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,715 | -€3,339 | -€5,054 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.