Aither: 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.
Aither
Largest movements
- Cash -€36,870
down €36,870 (-62.2%), from €59,254 to €22,384
mainly Investment in fixed assets (net) (-€38,242) and Receivables within one year (-€32,897)
- Tangible fixed assets +€34,519
up €34,519 (+582%), from €5,934 to €40,453
of which Furniture and vehicles: +€22,837
- Receivables within one year +€32,897
up €32,897 (+2,259%), from €1,456 to €34,353
of which Trade receivables: +€32,656
- Deferred charges and accrued income +€1,939
up €1,939 (+769%), from €252 to €2,191
- Reserves +€45,142
up €45,142 (+119%), from €38,089 to €83,231
- Tax, wage and social debts -€6,012
down €6,012 (-30.2%), from €19,933 to €13,921
- Trade debts -€3,982
down €3,982 (-64.1%), from €6,210 to €2,229
- Other debts -€2,664
no longer reported in 2025 (was €2,664)
- Gross operating margin +€15,692
up €15,692 (+30.7%), from €51,154 to €66,846
- Financial charges +€4,254
up €4,254 (+881%), from €483 to €4,736
- Depreciation +€2,555
up €2,555 (+219%), from €1,168 to €3,723
- Taxes +€2,022
up €2,022 (+18.2%), from €11,137 to €13,158
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 | €71,896 | €104,381 | +€32,485 | +45.2% |
| Fixed assets | 21/28 | €10,934 | €45,453 | +€34,519 | +316% |
| Tangible fixed assets | 22/27 | €5,934 | €40,453 | +€34,519 | +582% |
| Plant, machinery and equipment | 23 | €3,471 | €15,153 | +€11,681 | +337% |
| Furniture and vehicles | 24 | €2,463 | €25,300 | +€22,837 | +927% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €60,962 | €58,928 | -€2,034 | -3.3% |
| Amounts receivable within one year | 40/41 | €1,456 | €34,353 | +€32,897 | +2,259% |
| Trade receivables | 40 | €1,456 | €34,112 | +€32,656 | +2,242% |
| Other amounts receivable | 41 | - | €241 | +€241 | |
| Cash at bank and in hand | 54/58 | €59,254 | €22,384 | -€36,870 | -62.2% |
| Deferred charges and accrued income | 490/1 | €252 | €2,191 | +€1,939 | +769% |
| Total equity and liabilities | 10/49 | €71,896 | €104,381 | +€32,485 | +45.2% |
| Equity | 10/15 | €43,089 | €88,231 | +€45,142 | +105% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €38,089 | €83,231 | +€45,142 | +119% |
| Distributable reserves | 133 | €38,089 | €83,231 | +€45,142 | +119% |
| Amounts payable | 17/49 | €28,807 | €16,150 | -€12,657 | -43.9% |
| Amounts payable within one year | 42/48 | €28,807 | €16,150 | -€12,657 | -43.9% |
| Trade debts | 44 | €6,210 | €2,229 | -€3,982 | -64.1% |
| Suppliers | 440/4 | €6,210 | €2,229 | -€3,982 | -64.1% |
| Taxes, remuneration and social security | 45 | €19,933 | €13,921 | -€6,012 | -30.2% |
| Taxes | 450/3 | €19,933 | €13,921 | -€6,012 | -30.2% |
| Other amounts payable | 47/48 | €2,664 | - | -€2,664 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,168 | €3,723 | +€2,555 | +219% |
| Other operating charges | 640/8 | €279 | €87 | -€192 | -68.9% |
| Gross operating margin | 9900 | €51,154 | €66,846 | +€15,692 | +30.7% |
| Operating profit (loss) | 9901 | €49,708 | €63,037 | +€13,329 | +26.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €483 | €4,736 | +€4,254 | +881% |
| Recurring financial charges | 65 | €483 | €4,736 | +€4,254 | +881% |
| Profit (loss) for the period before taxes | 9903 | €49,225 | €58,301 | +€9,076 | +18.4% |
| Income taxes | 67/77 | €11,137 | €13,158 | +€2,022 | +18.2% |
| Profit (loss) for the period | 9904 | €38,089 | €45,142 | +€7,054 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,089 | €45,142 | +€7,054 | +18.5% |
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 30 October 2026 via checked.be.