AIRSYS: 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.
AIRSYS
Largest movements
- Receivables within one year +€15,702
up €15,702 (+17.2%), from €91,155 to €106,857
of which Trade receivables: +€7,985
- Tangible fixed assets -€15,064
down €15,064 (-29.8%), from €50,506 to €35,442
of which Leasing and similar rights: -€10,744
- Cash -€11,391
down €11,391 (-17.1%), from €66,807 to €55,416
mainly Receivables within one year (-€15,702) and Debts after one year (-€10,849)
- Stocks and contracts +€9,835
up €9,835 (+57.1%), from €17,221 to €27,057
- Debts after one year -€10,849
down €10,849 (-36.5%), from €29,738 to €18,889
- Other debts +€8,160
new in 2025: €8,160
- Trade debts +€3,711
up €3,711 (+5.7%), from €65,119 to €68,830
- Tax, wage and social debts -€3,319
down €3,319 (-10.8%), from €30,856 to €27,537
of which Taxes: -€6,492
- Gross operating margin -€22,379
down €22,379 (-10.0%), from €223,688 to €201,309
- Staff costs +€21,320
up €21,320 (+15.1%), from €141,079 to €162,399
- Taxes -€13,734
down €13,734 (-65.3%), from €21,018 to €7,283
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 | €225,690 | €224,773 | -€918 | -0.4% |
| Fixed assets | 21/28 | €50,506 | €35,442 | -€15,064 | -29.8% |
| Tangible fixed assets | 22/27 | €50,506 | €35,442 | -€15,064 | -29.8% |
| Plant, machinery and equipment | 23 | €10,903 | €7,184 | -€3,718 | -34.1% |
| Furniture and vehicles | 24 | €602 | - | -€602 | |
| Leasing and similar rights | 25 | €39,002 | €28,258 | -€10,744 | -27.5% |
| Current assets | 29/58 | €175,184 | €189,330 | +€14,146 | +8.1% |
| Stocks and contracts in progress | 3 | €17,221 | €27,057 | +€9,835 | +57.1% |
| Stocks | 30/36 | €17,221 | €27,057 | +€9,835 | +57.1% |
| Amounts receivable within one year | 40/41 | €91,155 | €106,857 | +€15,702 | +17.2% |
| Trade receivables | 40 | €50,947 | €58,933 | +€7,985 | +15.7% |
| Other amounts receivable | 41 | €40,208 | €47,925 | +€7,717 | +19.2% |
| Cash at bank and in hand | 54/58 | €66,807 | €55,416 | -€11,391 | -17.1% |
| Total equity and liabilities | 10/49 | €225,690 | €224,773 | -€918 | -0.4% |
| Equity | 10/15 | €89,476 | €90,508 | +€1,032 | +1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €83,276 | €84,308 | +€1,032 | +1.2% |
| Distributable reserves | 133 | €83,276 | €84,308 | +€1,032 | +1.2% |
| Amounts payable | 17/49 | €136,214 | €134,265 | -€1,949 | -1.4% |
| Amounts payable after more than one year | 17 | €29,738 | €18,889 | -€10,849 | -36.5% |
| Financial debts | 170/4 | €29,738 | €18,889 | -€10,849 | -36.5% |
| Amounts payable within one year | 42/48 | €106,476 | €115,376 | +€8,900 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €10,501 | €10,849 | +€349 | +3.3% |
| Trade debts | 44 | €65,119 | €68,830 | +€3,711 | +5.7% |
| Suppliers | 440/4 | €65,119 | €68,830 | +€3,711 | +5.7% |
| Taxes, remuneration and social security | 45 | €30,856 | €27,537 | -€3,319 | -10.8% |
| Taxes | 450/3 | €8,725 | €2,233 | -€6,492 | -74.4% |
| Remuneration and social security | 454/9 | €22,131 | €25,303 | +€3,173 | +14.3% |
| Other amounts payable | 47/48 | - | €8,160 | +€8,160 | |
| Remuneration, social security and pensions | 62 | €141,079 | €162,399 | +€21,320 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,041 | €15,064 | +€23 | +0.2% |
| Other operating charges | 640/8 | €4,002 | €4,068 | +€66 | +1.6% |
| Gross operating margin | 9900 | €223,688 | €201,309 | -€22,379 | -10.0% |
| Operating profit (loss) | 9901 | €63,567 | €19,779 | -€43,788 | -68.9% |
| Financial charges | 65/66B | €2,091 | €2,875 | +€784 | +37.5% |
| Recurring financial charges | 65 | €2,091 | €2,875 | +€784 | +37.5% |
| Profit (loss) for the period before taxes | 9903 | €61,476 | €16,904 | -€44,572 | -72.5% |
| Income taxes | 67/77 | €21,018 | €7,283 | -€13,734 | -65.3% |
| Profit (loss) for the period | 9904 | €40,458 | €9,621 | -€30,838 | -76.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,458 | €9,621 | -€30,838 | -76.2% |
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 30 October 2026 via checked.be.