AIRSTREAM: 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.
AIRSTREAM
Largest movements
- Tangible fixed assets +€1,820
new in 2025: €1,820
- Receivables within one year -€1,410
down €1,410 (-24.7%), from €5,716 to €4,306
of which Trade receivables: -€3,600
- Cash -€781
down €781 (-6.5%), from €12,097 to €11,315
mainly Investment in fixed assets (net) (-€1,966) and Trade debts (-€1,906)
- Deferred charges and accrued income -€676
down €676 (-60.6%), from €1,116 to €440
- Trade debts -€1,906
no longer reported in 2025 (was €1,906)
- Profit (loss) carried forward +€982
up €982 (+10.7%), from €9,180 to €10,162
- Gross operating margin -€1,860
down €1,860 (-39.1%), from €4,757 to €2,896
- Other operating charges +€1,070
up €1,070 (+143%), from €749 to €1,819
- Financial income -€129
down €129 (-57.9%), from €223 to €94
- Depreciation -€74
down €74 (-33.5%), from €220 to €146
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 | €19,828 | €18,835 | -€993 | -5.0% |
| Fixed assets | 21/28 | €25 | €1,845 | +€1,820 | +7,279% |
| Tangible fixed assets | 22/27 | - | €1,820 | +€1,820 | |
| Plant, machinery and equipment | 23 | - | €1,820 | +€1,820 | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €19,803 | €16,990 | -€2,812 | -14.2% |
| Stocks and contracts in progress | 3 | €874 | €929 | +€55 | +6.3% |
| Stocks | 30/36 | €874 | €929 | +€55 | +6.3% |
| Amounts receivable within one year | 40/41 | €5,716 | €4,306 | -€1,410 | -24.7% |
| Trade receivables | 40 | €4,474 | €873 | -€3,600 | -80.5% |
| Other amounts receivable | 41 | €1,243 | €3,433 | +€2,190 | +176% |
| Cash at bank and in hand | 54/58 | €12,097 | €11,315 | -€781 | -6.5% |
| Deferred charges and accrued income | 490/1 | €1,116 | €440 | -€676 | -60.6% |
| Total equity and liabilities | 10/49 | €19,828 | €18,835 | -€993 | -5.0% |
| Equity | 10/15 | €17,240 | €18,222 | +€982 | +5.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €9,180 | €10,162 | +€982 | +10.7% |
| Amounts payable | 17/49 | €2,588 | €613 | -€1,975 | -76.3% |
| Amounts payable within one year | 42/48 | €2,588 | €613 | -€1,975 | -76.3% |
| Trade debts | 44 | €1,906 | - | -€1,906 | |
| Suppliers | 440/4 | €1,906 | - | -€1,906 | |
| Other amounts payable | 47/48 | €681 | €613 | -€68 | -10.1% |
| Non-recurring operating income | 76A | - | €850 | +€850 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220 | €146 | -€74 | -33.5% |
| Other operating charges | 640/8 | €749 | €1,819 | +€1,070 | +143% |
| Gross operating margin | 9900 | €4,757 | €2,896 | -€1,860 | -39.1% |
| Operating profit (loss) | 9901 | €3,788 | €931 | -€2,857 | -75.4% |
| Financial income | 75/76B | €223 | €94 | -€129 | -57.9% |
| Recurring financial income | 75 | €223 | €94 | -€129 | -57.9% |
| Financial charges | 65/66B | €41 | €42 | +€2 | +3.7% |
| Recurring financial charges | 65 | €41 | €42 | +€2 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €3,969 | €982 | -€2,987 | -75.3% |
| Profit (loss) for the period | 9904 | €3,969 | €982 | -€2,987 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,969 | €982 | -€2,987 | -75.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.