AIRPORT ONE: 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.
AIRPORT ONE
Largest movements
- Receivables after one year +€200,000
new in 2025: €200,000
- Receivables within one year -€137,445
down €137,445 (-77.9%), from €176,336 to €38,891
of which Other amounts receivable: -€76,229
- Cash +€87,806
up €87,806 (+3,773%), from €2,327 to €90,133
mainly Receivables within one year (+€137,445) and Net result for the year (+€123,729)
- Financial fixed assets -€81,632
no longer reported in 2025 (was €81,632)
- Tangible fixed assets -€24,399
down €24,399 (-13.3%), from €183,953 to €159,554
of which Furniture and vehicles: -€12,792
- Profit (loss) carried forward +€123,729
up €123,729 (+96.7%), from €128,000 to €251,729
- Trade debts -€48,677
down €48,677 (-99.7%), from €48,810 to €133
- Debts after one year -€24,726
down €24,726 (-15.7%), from €156,998 to €132,272
- Turnover +€168,483
up €168,483 (+17.4%), from €969,324 to €1.1m
- Gross operating margin +€167,615
up €167,615 (+75.8%), from €221,245 to €388,860
- Staff costs +€58,920
up €58,920 (+45.3%), from €130,162 to €189,082
- Taxes +€34,529
up €34,529 (+285%), from €12,127 to €46,656
- Purchases and services -€33,583
down €33,583 (-4.3%), from €789,622 to €756,039
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 | €452,331 | €502,928 | +€50,597 | +11.2% |
| Fixed assets | 21/28 | €265,585 | €159,554 | -€106,031 | -39.9% |
| Tangible fixed assets | 22/27 | €183,953 | €159,554 | -€24,399 | -13.3% |
| Land and buildings | 22 | €105,103 | €99,394 | -€5,708 | -5.4% |
| Plant, machinery and equipment | 23 | €43,793 | €37,894 | -€5,899 | -13.5% |
| Furniture and vehicles | 24 | €35,057 | €22,265 | -€12,792 | -36.5% |
| Financial fixed assets | 28 | €81,632 | - | -€81,632 | |
| Current assets | 29/58 | €186,746 | €343,375 | +€156,628 | +83.9% |
| Amounts receivable after more than one year | 29 | - | €200,000 | +€200,000 | |
| Other amounts receivable | 291 | - | €200,000 | +€200,000 | |
| Stocks and contracts in progress | 3 | €7,574 | €7,277 | -€297 | -3.9% |
| Stocks | 30/36 | €7,574 | €7,277 | -€297 | -3.9% |
| Amounts receivable within one year | 40/41 | €176,336 | €38,891 | -€137,445 | -77.9% |
| Trade receivables | 40 | €100,049 | €38,833 | -€61,216 | -61.2% |
| Other amounts receivable | 41 | €76,287 | €58 | -€76,229 | -99.9% |
| Cash at bank and in hand | 54/58 | €2,327 | €90,133 | +€87,806 | +3,773% |
| Deferred charges and accrued income | 490/1 | €510 | €7,074 | +€6,564 | +1,288% |
| Total equity and liabilities | 10/49 | €452,331 | €502,928 | +€50,597 | +11.2% |
| Equity | 10/15 | €133,000 | €256,729 | +€123,729 | +93.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,000 | €251,729 | +€123,729 | +96.7% |
| Amounts payable | 17/49 | €319,331 | €246,199 | -€73,132 | -22.9% |
| Amounts payable after more than one year | 17 | €156,998 | €132,272 | -€24,726 | -15.7% |
| Financial debts | 170/4 | €156,998 | €132,272 | -€24,726 | -15.7% |
| Amounts payable within one year | 42/48 | €162,333 | €113,927 | -€48,406 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | €29,842 | €28,263 | -€1,579 | -5.3% |
| Trade debts | 44 | €48,810 | €133 | -€48,677 | -99.7% |
| Suppliers | 440/4 | €48,810 | €133 | -€48,677 | -99.7% |
| Taxes, remuneration and social security | 45 | €83,681 | €83,589 | -€92 | -0.1% |
| Taxes | 450/3 | €77,403 | €60,028 | -€17,375 | -22.4% |
| Remuneration and social security | 454/9 | €6,278 | €23,561 | +€17,283 | +275% |
| Other amounts payable | 47/48 | - | €1,943 | +€1,943 | |
| Turnover | 70 | €969,324 | €1,137,808 | +€168,483 | +17.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €789,622 | €756,039 | -€33,583 | -4.3% |
| Remuneration, social security and pensions | 62 | €130,162 | €189,082 | +€58,920 | +45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,936 | €24,399 | -€3,537 | -12.7% |
| Other operating charges | 640/8 | €14,685 | €5,136 | -€9,549 | -65.0% |
| Gross operating margin | 9900 | €221,245 | €388,860 | +€167,615 | +75.8% |
| Operating profit (loss) | 9901 | €48,461 | €170,243 | +€121,782 | +251% |
| Financial income | 75/76B | €0 | €4,998 | +€4,998 | +1,850,933% |
| Recurring financial income | 75 | €0 | €4,998 | +€4,998 | +1,850,933% |
| Financial charges | 65/66B | €5,078 | €4,855 | -€223 | -4.4% |
| Recurring financial charges | 65 | €5,078 | €4,855 | -€223 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €43,383 | €170,385 | +€127,003 | +293% |
| Income taxes | 67/77 | €12,127 | €46,656 | +€34,529 | +285% |
| Profit (loss) for the period | 9904 | €31,256 | €123,729 | +€92,474 | +296% |
| Profit (loss) for the period to be appropriated | 9905 | €31,256 | €123,729 | +€92,474 | +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 30 October 2026 via checked.be.