AIRTHEMS: 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.
AIRTHEMS
Largest movements
- Receivables within one year +€10,823
up €10,823 (+72.4%), from €14,952 to €25,775
- Cash -€871
down €871 (-3.6%), from €24,046 to €23,175
mainly Receivables within one year (-€10,823) and Other debts (-€8,000)
- Tangible fixed assets -€694
down €694 (-67.4%), from €1,030 to €336
of which Furniture and vehicles: -€421
- Profit (loss) carried forward +€13,687
up €13,687 (+69.5%), from -€19,694 to -€6,007
- Other debts -€8,000
down €8,000 (-100.0%), from €8,000 to €0
- Tax, wage and social debts +€3,625
up €3,625 (+32.3%), from €11,234 to €14,858
of which Taxes: +€3,625
- Gross operating margin +€33,394
up €33,394, from -€18,225 to €15,169
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 | €40,800 | €50,350 | +€9,550 | +23.4% |
| Fixed assets | 21/28 | €1,030 | €356 | -€674 | -65.4% |
| Tangible fixed assets | 22/27 | €1,030 | €336 | -€694 | -67.4% |
| Plant, machinery and equipment | 23 | €372 | €99 | -€273 | -73.4% |
| Furniture and vehicles | 24 | €658 | €238 | -€421 | -63.9% |
| Financial fixed assets | 28 | - | €20 | +€20 | |
| Current assets | 29/58 | €39,770 | €49,993 | +€10,223 | +25.7% |
| Amounts receivable within one year | 40/41 | €14,952 | €25,775 | +€10,823 | +72.4% |
| Trade receivables | 40 | €14,952 | €25,775 | +€10,823 | +72.4% |
| Cash at bank and in hand | 54/58 | €24,046 | €23,175 | -€871 | -3.6% |
| Deferred charges and accrued income | 490/1 | €772 | €1,043 | +€272 | +35.2% |
| Total equity and liabilities | 10/49 | €40,800 | €50,350 | +€9,550 | +23.4% |
| Equity | 10/15 | €21,105 | €34,791 | +€13,687 | +64.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €38,799 | €38,799 | = | 0.0% |
| Distributable reserves | 133 | €38,799 | €38,799 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,694 | -€6,007 | +€13,687 | +69.5% |
| Amounts payable | 17/49 | €19,695 | €15,558 | -€4,137 | -21.0% |
| Amounts payable within one year | 42/48 | €19,460 | €15,434 | -€4,026 | -20.7% |
| Trade debts | 44 | €226 | €576 | +€350 | +154.6% |
| Suppliers | 440/4 | €226 | €576 | +€350 | +154.6% |
| Taxes, remuneration and social security | 45 | €11,234 | €14,858 | +€3,625 | +32.3% |
| Taxes | 450/3 | €11,074 | €14,698 | +€3,625 | +32.7% |
| Remuneration and social security | 454/9 | €160 | €160 | = | 0.0% |
| Other amounts payable | 47/48 | €8,000 | €0 | -€8,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €236 | €124 | -€112 | -47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €694 | €694 | = | 0.0% |
| Other operating charges | 640/8 | €280 | €291 | +€11 | +3.8% |
| Gross operating margin | 9900 | -€18,225 | €15,169 | +€33,394 | |
| Operating profit (loss) | 9901 | -€19,199 | €14,185 | +€33,383 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €344 | €346 | +€2 | +0.6% |
| Recurring financial charges | 65 | €344 | €346 | +€2 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | -€19,542 | €13,839 | +€33,381 | |
| Income taxes | 67/77 | €152 | €152 | +€0 | +0.1% |
| Profit (loss) for the period | 9904 | -€19,694 | €13,687 | +€33,381 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,694 | €13,687 | +€33,381 |
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 11 October 2026 via checked.be.