Airpro Belgium: 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.
Airpro Belgium
Largest movements
- Tangible fixed assets +€42,556
up €42,556 (+711%), from €5,984 to €48,539
- Receivables within one year +€17,193
up €17,193 (+281%), from €6,120 to €23,312
of which Other amounts receivable: +€14,828
- Cash -€14,190
down €14,190 (-62.4%), from €22,727 to €8,538
mainly Investment in fixed assets (net) (-€45,746) and Receivables within one year (-€17,193)
- Deferred charges and accrued income +€3,263
new in 2025: €3,263
- Reserves +€30,163
up €30,163 (+533%), from €5,659 to €35,822
- Debts after one year +€13,612
new in 2025: €13,612
- Other debts -€9,615
no longer reported in 2025 (was €9,615)
- Tax, wage and social debts +€7,755
up €7,755 (+409%), from €1,897 to €9,653
- Current portion of long-term debt +€6,388
new in 2025: €6,388
- Gross operating margin +€32,499
up €32,499 (+326%), from €9,954 to €42,454
- Taxes +€5,865
up €5,865 (+309%), from €1,897 to €7,762
- Depreciation +€3,174
up €3,174 (+19,307%), from €16 to €3,191
- Other operating charges +€511
up €511 (+65.4%), from €782 to €1,293
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 | €34,831 | €83,652 | +€48,821 | +140% |
| Fixed assets | 21/28 | €5,984 | €48,539 | +€42,556 | +711% |
| Tangible fixed assets | 22/27 | €5,984 | €48,539 | +€42,556 | +711% |
| Furniture and vehicles | 24 | €5,984 | €48,539 | +€42,556 | +711% |
| Current assets | 29/58 | €28,847 | €35,113 | +€6,266 | +21.7% |
| Amounts receivable within one year | 40/41 | €6,120 | €23,312 | +€17,193 | +281% |
| Trade receivables | 40 | €5,482 | €7,847 | +€2,365 | +43.1% |
| Other amounts receivable | 41 | €638 | €15,466 | +€14,828 | +2,325% |
| Cash at bank and in hand | 54/58 | €22,727 | €8,538 | -€14,190 | -62.4% |
| Deferred charges and accrued income | 490/1 | - | €3,263 | +€3,263 | |
| Total equity and liabilities | 10/49 | €34,831 | €83,652 | +€48,821 | +140% |
| Equity | 10/15 | €13,159 | €43,322 | +€30,163 | +229% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €5,659 | €35,822 | +€30,163 | +533% |
| Distributable reserves | 133 | €5,659 | €35,822 | +€30,163 | +533% |
| Amounts payable | 17/49 | €21,672 | €40,330 | +€18,658 | +86.1% |
| Amounts payable after more than one year | 17 | - | €13,612 | +€13,612 | |
| Financial debts | 170/4 | - | €13,612 | +€13,612 | |
| Amounts payable within one year | 42/48 | €21,672 | €26,718 | +€5,046 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | - | €6,388 | +€6,388 | |
| Trade debts | 44 | €10,160 | €10,678 | +€518 | +5.1% |
| Suppliers | 440/4 | €10,160 | €10,678 | +€518 | +5.1% |
| Taxes, remuneration and social security | 45 | €1,897 | €9,653 | +€7,755 | +409% |
| Taxes | 450/3 | €1,897 | €9,653 | +€7,755 | +409% |
| Other amounts payable | 47/48 | €9,615 | - | -€9,615 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16 | €3,191 | +€3,174 | +19,307% |
| Other operating charges | 640/8 | €782 | €1,293 | +€511 | +65.4% |
| Gross operating margin | 9900 | €9,954 | €42,454 | +€32,499 | +326% |
| Operating profit (loss) | 9901 | €9,156 | €37,970 | +€28,814 | +315% |
| Financial income | 75/76B | €29 | €194 | +€165 | +570% |
| Recurring financial income | 75 | €29 | €194 | +€165 | +570% |
| Financial charges | 65/66B | €29 | €239 | +€209 | +719% |
| Recurring financial charges | 65 | €29 | €239 | +€209 | +719% |
| Profit (loss) for the period before taxes | 9903 | €9,156 | €37,926 | +€28,769 | +314% |
| Income taxes | 67/77 | €1,897 | €7,762 | +€5,865 | +309% |
| Profit (loss) for the period | 9904 | €7,259 | €30,163 | +€22,904 | +316% |
| Profit (loss) for the period to be appropriated | 9905 | €7,259 | €30,163 | +€22,904 | +316% |
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 18 October 2026 via checked.be.