AIRPROTEC: 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.
What changed
AIRPROTEC
NACE 47.789, Other retail sale of new goods
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€2.4m
2023 · €2.4m-€17,538
Equity
€2.0m
2023 · €2.3m-€365,206
Cash
€1.8m
2023 · €1.8m+€19,234
Balance sheet total
€5.3m
2023 · €5.0m+€264,506
Largest movements
Assets
- Stocks and contracts +€187,588
up €187,588 (+12.6%), from €1.5m to €1.7m
- Receivables within one year +€89,403
up €89,403 (+21.0%), from €424,789 to €514,192
of which Other amounts receivable: +€139,663
Equity and liabilities
- Other debts +€500,000
up €500,000 (+22.2%), from €2.3m to €2.8m
- Reserves -€365,000
down €365,000 (-15.8%), from €2.3m to €2.0m
- Trade debts +€125,779
up €125,779 (+48.0%), from €261,891 to €387,670
Income statement
- Staff costs +€38,721
up €38,721 (+8.3%), from €464,113 to €502,834
From the 2023 result to the 2024 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 2023
€2.4m
Gross operating margin
+€11,415
Staff costs
-€38,721
Depreciation
-€7,401
Other operating charges
+€675
Financial income
+€16,723
Financial charges
+€491
Taxes
-€720
Result 2024
€2.4m
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€2.9m
Investment
-€101,193
Financing
-€2.8m
Cash 2023
€1.8m
From operations (derived)
+€2.9m
Net result for the year
+€2.4m
Depreciation
+€130,348
Stocks and contracts
-€187,588
Receivables within one year
-€89,403
Deferred charges and accrued income
+€2,564
Trade debts
+€125,779
Tax, wage and social debts
-€19,769
Other debts
+€500,000
Accrued charges and deferred income
+€23,702
Investment (derived)
-€101,193
Investment in fixed assets (net)
-€101,193
Financing
-€2.8m
Contributions, distributions and other
-€2.8m
Cash 2024
€1.8m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,019,707 | €5,284,213 | +€264,506 | +5.3% |
| Fixed assets | 21/28 | €251,720 | €222,565 | -€29,155 | -11.6% |
| Intangible fixed assets | 21 | €214,957 | €191,992 | -€22,965 | -10.7% |
| Tangible fixed assets | 22/27 | €36,763 | €30,573 | -€6,190 | -16.8% |
| Plant, machinery and equipment | 23 | €21,867 | €7,806 | -€14,061 | -64.3% |
| Furniture and vehicles | 24 | €3,184 | €14,748 | +€11,564 | +363.2% |
| Other tangible fixed assets | 26 | €11,712 | €8,019 | -€3,693 | -31.5% |
| Current assets | 29/58 | €4,767,987 | €5,061,648 | +€293,661 | +6.2% |
| Stocks and contracts in progress | 3 | €1,494,537 | €1,682,125 | +€187,588 | +12.6% |
| Stocks | 30/36 | €1,494,537 | €1,682,125 | +€187,588 | +12.6% |
| Amounts receivable within one year | 40/41 | €424,789 | €514,192 | +€89,403 | +21.0% |
| Trade receivables | 40 | €334,435 | €284,175 | -€50,260 | -15.0% |
| Other amounts receivable | 41 | €90,354 | €230,017 | +€139,663 | +154.6% |
| Current investments | 50/53 | €1,012,913 | €1,012,913 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,827,217 | €1,846,451 | +€19,234 | +1.1% |
| Deferred charges and accrued income | 490/1 | €8,531 | €5,967 | -€2,564 | -30.1% |
| Total equity and liabilities | 10/49 | €5,019,707 | €5,284,213 | +€264,506 | +5.3% |
| Equity | 10/15 | €2,335,790 | €1,970,584 | -€365,206 | -15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,316,860 | €1,951,860 | -€365,000 | -15.8% |
| Distributable reserves | 133 | €2,316,860 | €1,951,860 | -€365,000 | -15.8% |
| Profit (loss) carried forward | 14 | €330 | €124 | -€206 | -62.4% |
| Amounts payable | 17/49 | €2,683,917 | €3,313,629 | +€629,712 | +23.5% |
| Amounts payable within one year | 42/48 | €2,637,140 | €3,243,150 | +€606,010 | +23.0% |
| Trade debts | 44 | €261,891 | €387,670 | +€125,779 | +48.0% |
| Suppliers | 440/4 | €261,891 | €387,670 | +€125,779 | +48.0% |
| Taxes, remuneration and social security | 45 | €125,249 | €105,480 | -€19,769 | -15.8% |
| Taxes | 450/3 | €54,020 | €13,906 | -€40,114 | -74.3% |
| Remuneration and social security | 454/9 | €71,229 | €91,574 | +€20,345 | +28.6% |
| Other amounts payable | 47/48 | €2,250,000 | €2,750,000 | +€500,000 | +22.2% |
| Accrued charges and deferred income | 492/3 | €46,777 | €70,479 | +€23,702 | +50.7% |
| Remuneration, social security and pensions | 62 | €464,113 | €502,834 | +€38,721 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,947 | €130,348 | +€7,401 | +6.0% |
| Other operating charges | 640/8 | €3,039 | €2,364 | -€675 | -22.2% |
| Gross operating margin | 9900 | €3,805,776 | €3,817,191 | +€11,415 | +0.3% |
| Operating profit (loss) | 9901 | €3,215,677 | €3,181,645 | -€34,032 | -1.1% |
| Financial income | 75/76B | €3,656 | €20,379 | +€16,723 | +457.4% |
| Recurring financial income | 75 | €3,656 | €20,379 | +€16,723 | +457.4% |
| Financial charges | 65/66B | €2,350 | €1,859 | -€491 | -20.9% |
| Recurring financial charges | 65 | €2,350 | €1,859 | -€491 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €3,216,983 | €3,200,165 | -€16,818 | -0.5% |
| Income taxes | 67/77 | €814,651 | €815,371 | +€720 | +0.1% |
| Profit (loss) for the period | 9904 | €2,402,332 | €2,384,794 | -€17,538 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,402,332 | €2,384,794 | -€17,538 | -0.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.