AITEA: 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.
AITEA
Largest movements
- Cash +€73,554
up €73,554 (+64.5%), from €114,016 to €187,570
mainly Net result for the year (+€80,038) and Tax, wage and social debts (+€6,646)
- Receivables within one year +€11,001
up €11,001 (+51.3%), from €21,444 to €32,446
of which Trade receivables: +€9,011
- Tangible fixed assets -€2,737
down €2,737 (-34.9%), from €7,842 to €5,105
- Reserves +€80,038
up €80,038 (+66.0%), from €121,193 to €201,231
- Tax, wage and social debts +€6,646
up €6,646 (+39.9%), from €16,672 to €23,318
- Other debts -€3,124
down €3,124 (-100%), from €3,124 to €0
- Gross operating margin +€44,814
up €44,814 (+72.9%), from €61,491 to €106,305
- Taxes +€9,267
up €9,267 (+80.6%), from €11,502 to €20,768
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 | €150,850 | €232,464 | +€81,614 | +54.1% |
| Fixed assets | 21/28 | €10,641 | €7,144 | -€3,497 | -32.9% |
| Intangible fixed assets | 21 | €2,798 | €2,038 | -€760 | -27.2% |
| Tangible fixed assets | 22/27 | €7,842 | €5,105 | -€2,737 | -34.9% |
| Furniture and vehicles | 24 | €7,842 | €5,105 | -€2,737 | -34.9% |
| Current assets | 29/58 | €140,209 | €225,320 | +€85,111 | +60.7% |
| Amounts receivable within one year | 40/41 | €21,444 | €32,446 | +€11,001 | +51.3% |
| Trade receivables | 40 | €21,444 | €30,455 | +€9,011 | +42.0% |
| Other amounts receivable | 41 | - | €1,990 | +€1,990 | |
| Cash at bank and in hand | 54/58 | €114,016 | €187,570 | +€73,554 | +64.5% |
| Deferred charges and accrued income | 490/1 | €4,749 | €5,305 | +€556 | +11.7% |
| Total equity and liabilities | 10/49 | €150,850 | €232,464 | +€81,614 | +54.1% |
| Equity | 10/15 | €126,193 | €206,231 | +€80,038 | +63.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €121,193 | €201,231 | +€80,038 | +66.0% |
| Distributable reserves | 133 | €121,193 | €201,231 | +€80,038 | +66.0% |
| Amounts payable | 17/49 | €24,657 | €26,233 | +€1,576 | +6.4% |
| Amounts payable within one year | 42/48 | €24,657 | €26,233 | +€1,576 | +6.4% |
| Trade debts | 44 | €4,861 | €2,915 | -€1,947 | -40.0% |
| Suppliers | 440/4 | €4,861 | €2,915 | -€1,947 | -40.0% |
| Taxes, remuneration and social security | 45 | €16,672 | €23,318 | +€6,646 | +39.9% |
| Taxes | 450/3 | €16,672 | €23,318 | +€6,646 | +39.9% |
| Other amounts payable | 47/48 | €3,124 | €0 | -€3,124 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,231 | €3,497 | +€266 | +8.2% |
| Other operating charges | 640/8 | €12 | €412 | +€400 | +3,266% |
| Gross operating margin | 9900 | €61,491 | €106,305 | +€44,814 | +72.9% |
| Operating profit (loss) | 9901 | €58,248 | €102,396 | +€44,148 | +75.8% |
| Financial charges | 65/66B | €1,682 | €1,589 | -€93 | -5.5% |
| Recurring financial charges | 65 | €1,682 | €1,589 | -€93 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €56,566 | €100,807 | +€44,241 | +78.2% |
| Income taxes | 67/77 | €11,502 | €20,768 | +€9,267 | +80.6% |
| Profit (loss) for the period | 9904 | €45,064 | €80,038 | +€34,974 | +77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,064 | €80,038 | +€34,974 | +77.6% |
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 19 October 2026 via checked.be.