AIRELLES: 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.
What changed
AIRELLES
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€235,477
2024 · €1.5m-€1.3m
Equity
€2.5m
2024 · €2.3m+€235,477
Cash
€5,262
2024 · €61+€5,201
Balance sheet total
€2.6m
2024 · €2.6m+€81,430
Largest movements
Assets
- Receivables after one year +€100,000
up €100,000 (+17.5%), from €570,000 to €670,000
Equity and liabilities
- Reserves +€235,477
up €235,477 (+10.9%), from €2.2m to €2.4m
of which Distributable reserves: +€235,477
- Tax, wage and social debts -€130,137
down €130,137 (-77.8%), from €167,340 to €37,203
- Current portion of long-term debt -€33,431
down €33,431 (-100.0%), from €33,431 to €0
Income statement
- Financial income -€1.4m
down €1.4m (-90.6%), from €1.6m to €149,290
- Taxes -€126,359
down €126,359 (-64.0%), from €197,375 to €71,016
- Gross operating margin +€8,124
up €8,124 (+5.1%), from €160,791 to €168,916
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.
Result 2024
€1.5m
Gross operating margin
+€8,124
Depreciation
-€339
Other operating charges
-€71
Financial income
-€1.4m
Financial charges
+€311
Taxes
+€126,359
Result 2025
€235,477
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.
From operations
+€16,363
Investment
€0
Financing
-€11,162
Cash 2024
€61
From operations (derived)
+€16,363
Net result for the year
+€235,477
Depreciation
+€1,807
Receivables after one year
-€100,000
Receivables within one year
+€21,964
Trade debts
+€216
Tax, wage and social debts
-€130,137
Advances received
-€15,000
Accrued charges and deferred income
+€2,036
Financing
-€11,162
Current portion of long-term debt
-€33,431
Short-term financial debts
+€22,269
Cash 2025
€5,262
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,553,088 | €2,634,518 | +€81,430 | +3.2% |
| Fixed assets | 21/28 | €261,171 | €259,364 | -€1,807 | -0.7% |
| Tangible fixed assets | 22/27 | €6,171 | €4,364 | -€1,807 | -29.3% |
| Furniture and vehicles | 24 | €6,171 | €4,364 | -€1,807 | -29.3% |
| Financial fixed assets | 28 | €255,000 | €255,000 | = | 0.0% |
| Current assets | 29/58 | €2,291,917 | €2,375,154 | +€83,237 | +3.6% |
| Amounts receivable after more than one year | 29 | €570,000 | €670,000 | +€100,000 | +17.5% |
| Other amounts receivable | 291 | €570,000 | €670,000 | +€100,000 | +17.5% |
| Amounts receivable within one year | 40/41 | €1,721,856 | €1,699,892 | -€21,964 | -1.3% |
| Other amounts receivable | 41 | €1,721,856 | €1,699,892 | -€21,964 | -1.3% |
| Cash at bank and in hand | 54/58 | €61 | €5,262 | +€5,201 | +8545.9% |
| Total equity and liabilities | 10/49 | €2,553,088 | €2,634,518 | +€81,430 | +3.2% |
| Equity | 10/15 | €2,284,515 | €2,519,992 | +€235,477 | +10.3% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €2,159,515 | €2,394,992 | +€235,477 | +10.9% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,175 | €8,175 | = | 0.0% |
| Distributable reserves | 133 | €2,138,839 | €2,374,316 | +€235,477 | +11.0% |
| Amounts payable | 17/49 | €268,573 | €114,527 | -€154,047 | -57.4% |
| Amounts payable within one year | 42/48 | €266,823 | €110,741 | -€156,082 | -58.5% |
| Current portion of amounts payable after more than one year | 42 | €33,431 | €0 | -€33,431 | -100.0% |
| Financial debts | 43 | €50,978 | €73,247 | +€22,269 | +43.7% |
| Credit institutions | 430/8 | €50,978 | €73,247 | +€22,269 | +43.7% |
| Trade debts | 44 | €75 | €291 | +€216 | +289.8% |
| Suppliers | 440/4 | €75 | €291 | +€216 | +289.8% |
| Advances received on contracts in progress | 46 | €15,000 | €0 | -€15,000 | -100.0% |
| Taxes, remuneration and social security | 45 | €167,340 | €37,203 | -€130,137 | -77.8% |
| Taxes | 450/3 | €167,340 | €37,203 | -€130,137 | -77.8% |
| Accrued charges and deferred income | 492/3 | €1,750 | €3,786 | +€2,036 | +116.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,468 | €1,807 | +€339 | +23.1% |
| Other operating charges | 640/8 | €1,014 | €1,085 | +€71 | +7.1% |
| Gross operating margin | 9900 | €160,791 | €168,916 | +€8,124 | +5.1% |
| Operating profit (loss) | 9901 | €158,310 | €166,023 | +€7,713 | +4.9% |
| Financial income | 75/76B | €1,587,926 | €149,290 | -€1.4m | -90.6% |
| Recurring financial income | 75 | €1,587,926 | €149,290 | -€1.4m | -90.6% |
| Financial charges | 65/66B | €9,131 | €8,820 | -€311 | -3.4% |
| Recurring financial charges | 65 | €9,131 | €8,820 | -€311 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €1,737,104 | €306,493 | -€1.4m | -82.4% |
| Income taxes | 67/77 | €197,375 | €71,016 | -€126,359 | -64.0% |
| Profit (loss) for the period | 9904 | €1,539,729 | €235,477 | -€1.3m | -84.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,539,729 | €235,477 | -€1.3m | -84.7% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.