AIRTECHNIC - SERVICE: 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.
AIRTECHNIC - SERVICE
Largest movements
- Cash +€23,676
up €23,676 (+4.7%), from €501,552 to €525,228
mainly Net result for the year (+€34,485) and Other debts (+€28,970)
- Receivables within one year +€12,609
up €12,609 (+14.0%), from €89,903 to €102,512
of which Trade receivables: +€18,541
- Tangible fixed assets -€7,828
down €7,828 (-24.3%), from €32,276 to €24,448
- Other debts +€28,970
up €28,970 (+53.0%), from €54,625 to €83,595
- Trade debts -€17,996
down €17,996 (-83.4%), from €21,575 to €3,579
- Reserves +€9,000
up €9,000 (+3.0%), from €297,688 to €306,688
of which Distributable reserves: +€9,000
- Staff costs -€10,258
down €10,258 (-6.0%), from €170,884 to €160,626
- Financial income -€5,093
down €5,093 (-29.5%), from €17,240 to €12,147
- Gross operating margin -€3,608
down €3,608 (-1.7%), from €216,189 to €212,581
- Taxes +€2,733
up €2,733 (+16.8%), from €16,260 to €18,993
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 | €656,024 | €684,962 | +€28,938 | +4.4% |
| Fixed assets | 21/28 | €54,921 | €47,093 | -€7,828 | -14.3% |
| Tangible fixed assets | 22/27 | €32,276 | €24,448 | -€7,828 | -24.3% |
| Furniture and vehicles | 24 | €32,276 | €24,448 | -€7,828 | -24.3% |
| Financial fixed assets | 28 | €22,645 | €22,645 | = | 0.0% |
| Current assets | 29/58 | €601,103 | €637,869 | +€36,766 | +6.1% |
| Stocks and contracts in progress | 3 | €9,648 | €10,129 | +€481 | +5.0% |
| Stocks | 30/36 | €9,648 | €10,129 | +€481 | +5.0% |
| Amounts receivable within one year | 40/41 | €89,903 | €102,512 | +€12,609 | +14.0% |
| Trade receivables | 40 | €76,019 | €94,560 | +€18,541 | +24.4% |
| Other amounts receivable | 41 | €13,884 | €7,952 | -€5,932 | -42.7% |
| Cash at bank and in hand | 54/58 | €501,552 | €525,228 | +€23,676 | +4.7% |
| Total equity and liabilities | 10/49 | €656,024 | €684,962 | +€28,938 | +4.4% |
| Equity | 10/15 | €546,030 | €555,515 | +€9,485 | +1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €297,688 | €306,688 | +€9,000 | +3.0% |
| Tax-exempt reserves | 132 | €50,329 | €50,329 | = | 0.0% |
| Distributable reserves | 133 | €247,359 | €256,359 | +€9,000 | +3.6% |
| Profit (loss) carried forward | 14 | €229,742 | €230,227 | +€485 | +0.2% |
| Amounts payable | 17/49 | €109,994 | €129,447 | +€19,453 | +17.7% |
| Amounts payable within one year | 42/48 | €104,774 | €129,447 | +€24,673 | +23.5% |
| Financial debts | 43 | - | €6,785 | +€6,785 | |
| Credit institutions | 430/8 | - | €6,785 | +€6,785 | |
| Trade debts | 44 | €21,575 | €3,579 | -€17,996 | -83.4% |
| Suppliers | 440/4 | €21,575 | €3,579 | -€17,996 | -83.4% |
| Advances received on contracts in progress | 46 | - | €3,528 | +€3,528 | |
| Taxes, remuneration and social security | 45 | €28,574 | €31,960 | +€3,386 | +11.8% |
| Taxes | 450/3 | €16,019 | €6,224 | -€9,795 | -61.1% |
| Remuneration and social security | 454/9 | €12,555 | €25,736 | +€13,181 | +105% |
| Other amounts payable | 47/48 | €54,625 | €83,595 | +€28,970 | +53.0% |
| Accrued charges and deferred income | 492/3 | €5,220 | - | -€5,220 | |
| Remuneration, social security and pensions | 62 | €170,884 | €160,626 | -€10,258 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,863 | €7,828 | +€965 | +14.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,170 | +€1,170 | |
| Other operating charges | 640/8 | €744 | €653 | -€91 | -12.2% |
| Gross operating margin | 9900 | €216,189 | €212,581 | -€3,608 | -1.7% |
| Operating profit (loss) | 9901 | €37,698 | €42,304 | +€4,606 | +12.2% |
| Financial income | 75/76B | €17,240 | €12,147 | -€5,093 | -29.5% |
| Recurring financial income | 75 | €17,240 | €12,147 | -€5,093 | -29.5% |
| Financial charges | 65/66B | €748 | €973 | +€225 | +30.1% |
| Recurring financial charges | 65 | €748 | €973 | +€225 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €54,190 | €53,478 | -€712 | -1.3% |
| Income taxes | 67/77 | €16,260 | €18,993 | +€2,733 | +16.8% |
| Profit (loss) for the period | 9904 | €37,930 | €34,485 | -€3,445 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,930 | €34,485 | -€3,445 | -9.1% |
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 24 October 2026 via checked.be.