AIRTEM: 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.
AIRTEM
Largest movements
- Cash +€81,839
up €81,839 (+1084.1%), from €7,549 to €89,388
mainly Net result for the year (+€45,233) and Tax, wage and social debts (+€40,553)
- Tangible fixed assets +€16,073
new in 2024: €16,073
- Receivables within one year +€9,495
up €9,495 (+635.1%), from €1,495 to €10,990
of which Trade receivables: +€5,266
- Deferred charges and accrued income +€2,089
new in 2024: €2,089
- Profit (loss) carried forward +€45,234
up €45,234, from -€10,521 to €34,713
- Tax, wage and social debts +€40,553
up €40,553 (+1346.8%), from €3,011 to €43,564
of which Remuneration and social security: +€23,023
- Trade debts +€34,312
up €34,312 (+7608.1%), from €451 to €34,763
- Other debts -€10,603
no longer reported in 2024 (was €10,603)
- Gross operating margin +€83,913
up €83,913 (+382.1%), from €21,962 to €105,875
- Staff costs +€44,002
up €44,002 (+1809.3%), from €2,432 to €46,434
- Taxes +€10,926
new in 2024: €10,926
- Other operating charges +€1,755
new in 2024: €1,755
- Depreciation +€1,377
new in 2024: €1,377
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,044 | €118,540 | +€109,496 | +1210.7% |
| Fixed assets | 21/28 | - | €16,073 | +€16,073 | |
| Tangible fixed assets | 22/27 | - | €16,073 | +€16,073 | |
| Other tangible fixed assets | 26 | - | €16,073 | +€16,073 | |
| Current assets | 29/58 | €9,044 | €102,467 | +€93,423 | +1033.0% |
| Amounts receivable within one year | 40/41 | €1,495 | €10,990 | +€9,495 | +635.1% |
| Trade receivables | 40 | €740 | €6,006 | +€5,266 | +711.6% |
| Other amounts receivable | 41 | €755 | €4,984 | +€4,229 | +560.1% |
| Cash at bank and in hand | 54/58 | €7,549 | €89,388 | +€81,839 | +1084.1% |
| Deferred charges and accrued income | 490/1 | - | €2,089 | +€2,089 | |
| Total equity and liabilities | 10/49 | €9,044 | €118,540 | +€109,496 | +1210.7% |
| Equity | 10/15 | -€5,021 | €40,213 | +€45,234 | |
| Contributions | 10/11 | €5,500 | €5,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,521 | €34,713 | +€45,234 | |
| Amounts payable | 17/49 | €14,065 | €78,327 | +€64,262 | +456.9% |
| Amounts payable within one year | 42/48 | €14,065 | €78,327 | +€64,262 | +456.9% |
| Trade debts | 44 | €451 | €34,763 | +€34,312 | +7608.1% |
| Suppliers | 440/4 | €451 | €34,763 | +€34,312 | +7608.1% |
| Taxes, remuneration and social security | 45 | €3,011 | €43,564 | +€40,553 | +1346.8% |
| Taxes | 450/3 | - | €17,530 | +€17,530 | |
| Remuneration and social security | 454/9 | €3,011 | €26,034 | +€23,023 | +764.6% |
| Other amounts payable | 47/48 | €10,603 | - | -€10,603 | |
| Remuneration, social security and pensions | 62 | €2,432 | €46,434 | +€44,002 | +1809.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,377 | +€1,377 | |
| Other operating charges | 640/8 | - | €1,755 | +€1,755 | |
| Gross operating margin | 9900 | €21,962 | €105,875 | +€83,913 | +382.1% |
| Operating profit (loss) | 9901 | €19,530 | €56,308 | +€36,778 | +188.3% |
| Financial charges | 65/66B | €142 | €149 | +€7 | +5.1% |
| Recurring financial charges | 65 | €142 | €149 | +€7 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €19,388 | €56,159 | +€36,771 | +189.7% |
| Income taxes | 67/77 | - | €10,926 | +€10,926 | |
| Profit (loss) for the period | 9904 | €19,388 | €45,233 | +€25,845 | +133.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,388 | €45,233 | +€25,845 | +133.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.