AITHINA: 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.
AITHINA
Largest movements
- Cash +€48,561
up €48,561 (+74.6%), from €65,101 to €113,663
mainly Net result for the year (+€42,331) and Receivables within one year (+€38,981)
- Receivables within one year -€38,981
down €38,981 (-20.6%), from €189,608 to €150,626
of which Trade receivables: -€19,632
- Reserves +€9,979
up €9,979 (+4.8%), from €206,017 to €215,996
- Trade debts -€5,949
down €5,949 (-93.4%), from €6,371 to €422
- Gross operating margin +€10,316
up €10,316 (+20.4%), from €50,638 to €60,954
- Taxes +€4,399
up €4,399 (+23.7%), from €18,527 to €22,925
- Depreciation -€1,085
down €1,085 (-47.8%), from €2,271 to €1,186
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 | €261,057 | €267,540 | +€6,483 | +2.5% |
| Fixed assets | 21/28 | €2,056 | €870 | -€1,186 | -57.7% |
| Tangible fixed assets | 22/27 | €2,056 | €870 | -€1,186 | -57.7% |
| Land and buildings | 22 | €61 | - | -€61 | |
| Plant, machinery and equipment | 23 | €68 | - | -€68 | |
| Furniture and vehicles | 24 | €1,927 | €870 | -€1,057 | -54.9% |
| Current assets | 29/58 | €259,001 | €266,670 | +€7,669 | +3.0% |
| Amounts receivable within one year | 40/41 | €189,608 | €150,626 | -€38,981 | -20.6% |
| Trade receivables | 40 | €49,501 | €29,868 | -€19,632 | -39.7% |
| Other amounts receivable | 41 | €140,107 | €120,758 | -€19,349 | -13.8% |
| Cash at bank and in hand | 54/58 | €65,101 | €113,663 | +€48,561 | +74.6% |
| Deferred charges and accrued income | 490/1 | €4,292 | €2,381 | -€1,911 | -44.5% |
| Total equity and liabilities | 10/49 | €261,057 | €267,540 | +€6,483 | +2.5% |
| Equity | 10/15 | €218,936 | €228,915 | +€9,979 | +4.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €206,017 | €215,996 | +€9,979 | +4.8% |
| Distributable reserves | 133 | €206,017 | €215,996 | +€9,979 | +4.8% |
| Profit (loss) carried forward | 14 | €519 | €519 | = | 0.0% |
| Amounts payable | 17/49 | €42,121 | €38,625 | -€3,497 | -8.3% |
| Amounts payable within one year | 42/48 | €42,121 | €38,625 | -€3,497 | -8.3% |
| Trade debts | 44 | €6,371 | €422 | -€5,949 | -93.4% |
| Suppliers | 440/4 | €6,371 | €422 | -€5,949 | -93.4% |
| Taxes, remuneration and social security | 45 | €5,120 | €5,850 | +€730 | +14.3% |
| Taxes | 450/3 | €5,120 | €5,850 | +€730 | +14.3% |
| Other amounts payable | 47/48 | €30,630 | €32,352 | +€1,722 | +5.6% |
| Non-recurring operating income | 76A | €11,457 | - | -€11,457 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,271 | €1,186 | -€1,085 | -47.8% |
| Other operating charges | 640/8 | €443 | €323 | -€121 | -27.2% |
| Gross operating margin | 9900 | €50,638 | €60,954 | +€10,316 | +20.4% |
| Operating profit (loss) | 9901 | €47,924 | €59,445 | +€11,521 | +24.0% |
| Financial income | 75/76B | €7,840 | €8,193 | +€353 | +4.5% |
| Recurring financial income | 75 | €7,840 | €8,193 | +€353 | +4.5% |
| Financial charges | 65/66B | €2,692 | €2,382 | -€310 | -11.5% |
| Recurring financial charges | 65 | €2,692 | €2,382 | -€310 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €53,073 | €65,257 | +€12,184 | +23.0% |
| Income taxes | 67/77 | €18,527 | €22,925 | +€4,399 | +23.7% |
| Profit (loss) for the period | 9904 | €34,546 | €42,331 | +€7,785 | +22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,546 | €42,331 | +€7,785 | +22.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.