AITCH-Q: 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.
AITCH-Q
Largest movements
- Cash +€23,141
up €23,141 (+10,061%), from €230 to €23,371
mainly Net result for the year (+€19,559) and Trade debts (+€7,064)
- Tangible fixed assets +€5,050
up €5,050 (+625%), from €808 to €5,858
of which Plant, machinery and equipment: +€5,254
- Intangible fixed assets -€1,827
down €1,827 (-11.5%), from €15,840 to €14,013
- Reserves +€19,559
up €19,559 (+173%), from €11,312 to €30,871
- Trade debts +€7,064
up €7,064 (+554%), from €1,275 to €8,339
- Other debts -€4,733
down €4,733 (-35.0%), from €13,522 to €8,789
- Tax, wage and social debts +€4,729
up €4,729 (+166%), from €2,850 to €7,579
- Gross operating margin +€10,391
up €10,391 (+61.2%), from €16,992 to €27,383
- Taxes +€1,970
up €1,970 (+69.1%), from €2,850 to €4,820
- Financial charges +€659
up €659 (+903%), from €73 to €732
- Depreciation -€502
down €502 (-19.0%), from €2,638 to €2,136
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 | €35,959 | €62,578 | +€26,619 | +74.0% |
| Fixed assets | 21/28 | €16,648 | €19,871 | +€3,223 | +19.4% |
| Intangible fixed assets | 21 | €15,840 | €14,013 | -€1,827 | -11.5% |
| Tangible fixed assets | 22/27 | €808 | €5,858 | +€5,050 | +625% |
| Plant, machinery and equipment | 23 | - | €5,254 | +€5,254 | |
| Furniture and vehicles | 24 | €808 | €604 | -€204 | -25.2% |
| Current assets | 29/58 | €19,311 | €42,707 | +€23,396 | +121% |
| Stocks and contracts in progress | 3 | €16,149 | €16,722 | +€573 | +3.5% |
| Stocks | 30/36 | €16,149 | €16,722 | +€573 | +3.5% |
| Amounts receivable within one year | 40/41 | €2,932 | €2,614 | -€318 | -10.8% |
| Trade receivables | 40 | - | €2,614 | +€2,614 | |
| Other amounts receivable | 41 | €2,932 | - | -€2,932 | |
| Cash at bank and in hand | 54/58 | €230 | €23,371 | +€23,141 | +10,061% |
| Total equity and liabilities | 10/49 | €35,959 | €62,578 | +€26,619 | +74.0% |
| Equity | 10/15 | €13,312 | €32,871 | +€19,559 | +147% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,312 | €30,871 | +€19,559 | +173% |
| Distributable reserves | 133 | €11,312 | €30,871 | +€19,559 | +173% |
| Amounts payable | 17/49 | €22,647 | €29,707 | +€7,060 | +31.2% |
| Amounts payable after more than one year | 17 | €5,000 | €5,000 | = | 0.0% |
| Financial debts | 170/4 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €17,647 | €24,707 | +€7,060 | +40.0% |
| Trade debts | 44 | €1,275 | €8,339 | +€7,064 | +554% |
| Suppliers | 440/4 | €1,275 | €8,339 | +€7,064 | +554% |
| Taxes, remuneration and social security | 45 | €2,850 | €7,579 | +€4,729 | +166% |
| Taxes | 450/3 | €2,850 | €7,579 | +€4,729 | +166% |
| Other amounts payable | 47/48 | €13,522 | €8,789 | -€4,733 | -35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,638 | €2,136 | -€502 | -19.0% |
| Other operating charges | 640/8 | €119 | €136 | +€17 | +14.3% |
| Gross operating margin | 9900 | €16,992 | €27,383 | +€10,391 | +61.2% |
| Operating profit (loss) | 9901 | €14,235 | €25,111 | +€10,876 | +76.4% |
| Financial charges | 65/66B | €73 | €732 | +€659 | +903% |
| Recurring financial charges | 65 | €73 | €732 | +€659 | +903% |
| Profit (loss) for the period before taxes | 9903 | €14,162 | €24,379 | +€10,217 | +72.1% |
| Income taxes | 67/77 | €2,850 | €4,820 | +€1,970 | +69.1% |
| Profit (loss) for the period | 9904 | €11,312 | €19,559 | +€8,247 | +72.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,312 | €19,559 | +€8,247 | +72.9% |
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 14 October 2026 via checked.be.