AIRS LIBRES: 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.
AIRS LIBRES
Largest movements
- Cash +€131,903
up €131,903 (+33.3%), from €396,659 to €528,562
mainly Debts within one year (+€152,851) and Depreciation (+€55,386)
- Tangible fixed assets -€28,266
down €28,266 (-8.1%), from €350,719 to €322,453
of which Plant, machinery and equipment: -€40,239
- Current investments +€20,000
new in 2025: €20,000
- Contributions +€278,243
new in 2025: €278,243
- Profit (loss) carried forward -€254,144
down €254,144 (-100.0%), from €254,144 to €0
- Debts within one year +€152,851
up €152,851 (+35.1%), from €435,657 to €588,508
- Debts after one year -€29,151
down €29,151 (-27.4%), from €106,480 to €77,329
- Investment grants -€20,952
down €20,952 (-18.6%), from €112,690 to €91,738
- Other operating charges +€129,129
up €129,129 (+1010.7%), from €12,776 to €141,905
- Staff costs -€82,479
down €82,479 (-6.9%), from €1.2m to €1.1m
- Gross operating margin +€48,534
up €48,534 (+3.8%), from €1.3m to €1.3m
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €918,313 | €1,044,038 | +€125,725 | +13.7% |
| Fixed assets | 21/28 | €350,719 | €322,453 | -€28,266 | -8.1% |
| Tangible fixed assets | 22/27 | €350,719 | €322,453 | -€28,266 | -8.1% |
| Land and buildings | 22 | €81,282 | €74,443 | -€6,839 | -8.4% |
| Plant, machinery and equipment | 23 | €267,416 | €227,177 | -€40,239 | -15.0% |
| Furniture and vehicles | 24 | €2,021 | €20,833 | +€18,812 | +930.9% |
| Current assets | 29/58 | €567,594 | €721,585 | +€153,991 | +27.1% |
| Amounts receivable after more than one year | 29 | €17,233 | €14,857 | -€2,377 | -13.8% |
| Other amounts receivable | 291 | €17,233 | €14,857 | -€2,377 | -13.8% |
| Amounts receivable within one year | 40/41 | €134,004 | €139,141 | +€5,137 | +3.8% |
| Trade receivables | 40 | €3,635 | €3,516 | -€119 | -3.3% |
| Other amounts receivable | 41 | €130,369 | €135,625 | +€5,256 | +4.0% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €396,659 | €528,562 | +€131,903 | +33.3% |
| Deferred charges and accrued income | 490/1 | €19,697 | €19,026 | -€672 | -3.4% |
| Total equity and liabilities | 10/49 | €918,313 | €1,044,038 | +€125,725 | +13.7% |
| Equity | 10/15 | €366,834 | €369,981 | +€3,147 | +0.9% |
| Contributions | 10/11 | - | €278,243 | +€278,243 | |
| Capital | 10 | - | €278,243 | +€278,243 | |
| Profit (loss) carried forward | 14 | €254,144 | €0 | -€254,144 | -100.0% |
| Investment grants | 15 | €112,690 | €91,738 | -€20,952 | -18.6% |
| Amounts payable | 17/49 | €551,479 | €674,057 | +€122,578 | +22.2% |
| Amounts payable after more than one year | 17 | €106,480 | €77,329 | -€29,151 | -27.4% |
| Financial debts | 170/4 | €106,480 | €77,329 | -€29,151 | -27.4% |
| Amounts payable within one year | 42/48 | €435,657 | €588,508 | +€152,851 | +35.1% |
| Current portion of amounts payable after more than one year | 42 | €32,719 | €32,146 | -€573 | -1.8% |
| Trade debts | 44 | €2,856 | €3,084 | +€228 | +8.0% |
| Suppliers | 440/4 | €2,856 | €3,084 | +€228 | +8.0% |
| Taxes, remuneration and social security | 45 | €180,373 | €180,642 | +€269 | +0.1% |
| Taxes | 450/3 | €27,424 | €26,389 | -€1,034 | -3.8% |
| Remuneration and social security | 454/9 | €152,949 | €154,252 | +€1,303 | +0.9% |
| Accrued charges and deferred income | 492/3 | €9,342 | €8,221 | -€1,121 | -12.0% |
| Membership fees, donations, legacies and grants | 73 | €1,337,772 | €1,393,076 | +€55,304 | +4.1% |
| Non-recurring operating income | 76A | €92 | €70 | -€22 | -23.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €75,508 | €82,255 | +€6,747 | +8.9% |
| Remuneration, social security and pensions | 62 | €1,189,447 | €1,106,968 | -€82,479 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,099 | €55,386 | +€2,287 | +4.3% |
| Other operating charges | 640/8 | €12,776 | €141,905 | +€129,129 | +1010.7% |
| Non-recurring operating charges | 66A | €92 | - | -€92 | |
| Gross operating margin | 9900 | €1,262,356 | €1,310,890 | +€48,534 | +3.8% |
| Operating profit (loss) | 9901 | €6,943 | €6,631 | -€312 | -4.5% |
| Financial income | 75/76B | €23,634 | €23,629 | -€5 | 0.0% |
| Recurring financial income | 75 | €23,634 | €23,629 | -€5 | 0.0% |
| Financial charges | 65/66B | €5,702 | €4,309 | -€1,393 | -24.4% |
| Recurring financial charges | 65 | €5,702 | €4,309 | -€1,393 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €24,874 | €25,951 | +€1,077 | +4.3% |
| Profit (loss) for the period | 9904 | €24,874 | €25,951 | +€1,077 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,874 | €25,951 | +€1,077 | +4.3% |
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 10 October 2026 via checked.be.