AIRK BUALDA: 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.
AIRK BUALDA
Largest movements
- Receivables within one year -€3,024
down €3,024 (-100.0%), from €3,025 to €1
of which Trade receivables: -€3,025
- Tangible fixed assets +€1,424
new in 2025: €1,424
- Deferred charges and accrued income +€346
new in 2025: €346
- Stocks and contracts -€197
down €197 (-7.0%), from €2,790 to €2,594
- Profit (loss) carried forward -€6,657
down €6,657 (-13.5%), from -€49,444 to -€56,102
- Other debts +€6,092
up €6,092 (+21.1%), from €28,824 to €34,916
- Short-term financial debts -€863
down €863 (-11.7%), from €7,395 to €6,532
- Gross operating margin -€4,660
down €4,660 (-7,248%), from -€64 to -€4,725
- Financial charges +€159
up €159 (+10.7%), from €1,490 to €1,649
- Depreciation +€156
new in 2025: €156
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,815 | €4,366 | -€1,450 | -24.9% |
| Fixed assets | 21/28 | - | €1,424 | +€1,424 | |
| Tangible fixed assets | 22/27 | - | €1,424 | +€1,424 | |
| Furniture and vehicles | 24 | - | €1,424 | +€1,424 | |
| Current assets | 29/58 | €5,815 | €2,941 | -€2,874 | -49.4% |
| Stocks and contracts in progress | 3 | €2,790 | €2,594 | -€197 | -7.0% |
| Stocks | 30/36 | €2,790 | €2,594 | -€197 | -7.0% |
| Amounts receivable within one year | 40/41 | €3,025 | €1 | -€3,024 | -100.0% |
| Trade receivables | 40 | €3,025 | - | -€3,025 | |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Deferred charges and accrued income | 490/1 | - | €346 | +€346 | |
| Total equity and liabilities | 10/49 | €5,815 | €4,366 | -€1,450 | -24.9% |
| Equity | 10/15 | -€30,844 | -€37,502 | -€6,657 | -21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,444 | -€56,102 | -€6,657 | -13.5% |
| Amounts payable | 17/49 | €36,660 | €41,867 | +€5,208 | +14.2% |
| Amounts payable within one year | 42/48 | €36,660 | €41,867 | +€5,208 | +14.2% |
| Financial debts | 43 | €7,395 | €6,532 | -€863 | -11.7% |
| Credit institutions | 430/8 | €7,395 | €6,532 | -€863 | -11.7% |
| Trade debts | 44 | €216 | €201 | -€15 | -6.7% |
| Suppliers | 440/4 | €216 | €201 | -€15 | -6.7% |
| Taxes, remuneration and social security | 45 | €225 | €218 | -€7 | -3.1% |
| Taxes | 450/3 | €225 | €218 | -€7 | -3.1% |
| Other amounts payable | 47/48 | €28,824 | €34,916 | +€6,092 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €156 | +€156 | |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.5% |
| Gross operating margin | 9900 | -€64 | -€4,725 | -€4,660 | -7,248% |
| Operating profit (loss) | 9901 | -€190 | -€5,008 | -€4,818 | -2,535% |
| Financial charges | 65/66B | €1,490 | €1,649 | +€159 | +10.7% |
| Recurring financial charges | 65 | €1,490 | €1,649 | +€159 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,680 | -€6,657 | -€4,977 | -296% |
| Profit (loss) for the period | 9904 | -€1,680 | -€6,657 | -€4,977 | -296% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,680 | -€6,657 | -€4,977 | -296% |
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 27 October 2026 via checked.be.