Airy: 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.
Airy
Largest movements
- Cash -€54,008
down €54,008 (-56.0%), from €96,359 to €42,351
mainly Contributions, distributions and other (-€64,706) and Investment in fixed assets (net) (-€9,946)
- Tangible fixed assets +€3,052
up €3,052 (+27.8%), from €10,972 to €14,024
of which Plant, machinery and equipment: +€6,761
- Profit (loss) carried forward -€51,217
down €51,217 (-66.4%), from €77,113 to €25,896
- Tax, wage and social debts -€7,561
down €7,561 (-25.7%), from €29,444 to €21,883
of which Taxes: -€7,648
- Trade debts +€3,153
up €3,153 (+72.0%), from €4,377 to €7,530
- Current portion of long-term debt +€2,066
up €2,066 (+57.1%), from €3,618 to €5,684
- Other debts +€1,600
up €1,600 (+51.3%), from €3,117 to €4,717
- Gross operating margin -€7,934
down €7,934 (-17.7%), from €44,778 to €36,844
- Staff costs +€4,702
up €4,702 (+416%), from €1,131 to €5,833
- Taxes -€1,201
down €1,201 (-17.1%), from €7,036 to €5,836
- Depreciation -€711
down €711 (-9.3%), from €7,605 to €6,894
- Other operating charges -€462
down €462 (-19.7%), from €2,339 to €1,877
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 | €123,849 | €72,207 | -€51,642 | -41.7% |
| Fixed assets | 21/28 | €10,972 | €14,024 | +€3,052 | +27.8% |
| Tangible fixed assets | 22/27 | €10,972 | €14,024 | +€3,052 | +27.8% |
| Plant, machinery and equipment | 23 | €3,654 | €10,416 | +€6,761 | +185% |
| Furniture and vehicles | 24 | €7,317 | €3,608 | -€3,710 | -50.7% |
| Current assets | 29/58 | €112,877 | €58,183 | -€54,694 | -48.5% |
| Amounts receivable within one year | 40/41 | €16,518 | €15,832 | -€686 | -4.2% |
| Trade receivables | 40 | €15,807 | €9,682 | -€6,125 | -38.7% |
| Other amounts receivable | 41 | €711 | €6,149 | +€5,438 | +765% |
| Cash at bank and in hand | 54/58 | €96,359 | €42,351 | -€54,008 | -56.0% |
| Total equity and liabilities | 10/49 | €123,849 | €72,207 | -€51,642 | -41.7% |
| Equity | 10/15 | €79,113 | €27,896 | -€51,217 | -64.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,113 | €25,896 | -€51,217 | -66.4% |
| Amounts payable | 17/49 | €44,736 | €44,311 | -€425 | -1.0% |
| Amounts payable after more than one year | 17 | €4,106 | €4,241 | +€135 | +3.3% |
| Financial debts | 170/4 | €4,106 | €4,241 | +€135 | +3.3% |
| Amounts payable within one year | 42/48 | €40,630 | €40,070 | -€560 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €3,618 | €5,684 | +€2,066 | +57.1% |
| Financial debts | 43 | €73 | €256 | +€183 | +249% |
| Credit institutions | 430/8 | €73 | €256 | +€183 | +249% |
| Trade debts | 44 | €4,377 | €7,530 | +€3,153 | +72.0% |
| Suppliers | 440/4 | €4,377 | €7,530 | +€3,153 | +72.0% |
| Taxes, remuneration and social security | 45 | €29,444 | €21,883 | -€7,561 | -25.7% |
| Taxes | 450/3 | €29,444 | €21,796 | -€7,648 | -26.0% |
| Remuneration and social security | 454/9 | - | €88 | +€88 | |
| Other amounts payable | 47/48 | €3,117 | €4,717 | +€1,600 | +51.3% |
| Remuneration, social security and pensions | 62 | €1,131 | €5,833 | +€4,702 | +416% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,605 | €6,894 | -€711 | -9.3% |
| Other operating charges | 640/8 | €2,339 | €1,877 | -€462 | -19.7% |
| Gross operating margin | 9900 | €44,778 | €36,844 | -€7,934 | -17.7% |
| Operating profit (loss) | 9901 | €33,702 | €22,239 | -€11,463 | -34.0% |
| Financial income | 75/76B | €4 | €90 | +€86 | +2,015% |
| Recurring financial income | 75 | €4 | €90 | +€86 | +2,015% |
| Financial charges | 65/66B | €3,418 | €3,004 | -€414 | -12.1% |
| Recurring financial charges | 65 | €3,418 | €3,004 | -€414 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €30,288 | €19,325 | -€10,963 | -36.2% |
| Income taxes | 67/77 | €7,036 | €5,836 | -€1,201 | -17.1% |
| Profit (loss) for the period | 9904 | €23,252 | €13,489 | -€9,763 | -42.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,252 | €13,489 | -€9,763 | -42.0% |
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 16 October 2026 via checked.be.