AITIECO: 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.
AITIECO
Largest movements
- Receivables within one year +€42,634
up €42,634 (+156%), from €27,320 to €69,954
of which Trade receivables: +€41,956
- Tangible fixed assets -€21,180
down €21,180 (-12.6%), from €168,582 to €147,402
of which Furniture and vehicles: -€29,136
- Cash +€18,916
up €18,916 (+5.6%), from €337,809 to €356,725
mainly Other debts (+€110,551) and Net result for the year (+€78,109)
- Other debts +€110,551
up €110,551 (+173%), from €63,988 to €174,539
- Tax, wage and social debts -€43,240
down €43,240 (-90.3%), from €47,901 to €4,661
- Reserves -€32,250
down €32,250 (-7.7%), from €419,482 to €387,232
- Gross operating margin -€6,506
down €6,506 (-4.4%), from €148,023 to €141,517
- Taxes -€1,754
down €1,754 (-5.2%), from €33,602 to €31,848
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 | €540,037 | €574,962 | +€34,925 | +6.5% |
| Fixed assets | 21/28 | €168,582 | €147,402 | -€21,180 | -12.6% |
| Tangible fixed assets | 22/27 | €168,582 | €147,402 | -€21,180 | -12.6% |
| Furniture and vehicles | 24 | €163,699 | €134,563 | -€29,136 | -17.8% |
| Other tangible fixed assets | 26 | €4,883 | €12,839 | +€7,956 | +163% |
| Current assets | 29/58 | €371,455 | €427,560 | +€56,105 | +15.1% |
| Amounts receivable within one year | 40/41 | €27,320 | €69,954 | +€42,634 | +156% |
| Trade receivables | 40 | €26,846 | €68,802 | +€41,956 | +156% |
| Other amounts receivable | 41 | €474 | €1,152 | +€678 | +143% |
| Cash at bank and in hand | 54/58 | €337,809 | €356,725 | +€18,916 | +5.6% |
| Deferred charges and accrued income | 490/1 | €6,326 | €881 | -€5,446 | -86.1% |
| Total equity and liabilities | 10/49 | €540,037 | €574,962 | +€34,925 | +6.5% |
| Equity | 10/15 | €425,682 | €393,432 | -€32,250 | -7.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €419,482 | €387,232 | -€32,250 | -7.7% |
| Distributable reserves | 133 | €419,482 | €387,232 | -€32,250 | -7.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €114,355 | €181,530 | +€67,175 | +58.7% |
| Amounts payable within one year | 42/48 | €112,855 | €180,030 | +€67,175 | +59.5% |
| Financial debts | 43 | €111 | €0 | -€111 | -100% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €111 | €0 | -€111 | -100% |
| Trade debts | 44 | €855 | €830 | -€25 | -2.9% |
| Suppliers | 440/4 | €855 | €830 | -€25 | -2.9% |
| Taxes, remuneration and social security | 45 | €47,901 | €4,661 | -€43,240 | -90.3% |
| Taxes | 450/3 | €47,901 | €4,661 | -€43,240 | -90.3% |
| Other amounts payable | 47/48 | €63,988 | €174,539 | +€110,551 | +173% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,936 | €30,374 | +€438 | +1.5% |
| Other operating charges | 640/8 | €1,075 | €916 | -€160 | -14.8% |
| Gross operating margin | 9900 | €148,023 | €141,517 | -€6,506 | -4.4% |
| Operating profit (loss) | 9901 | €117,012 | €110,227 | -€6,785 | -5.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €135 | €271 | +€136 | +101% |
| Recurring financial charges | 65 | €135 | €271 | +€136 | +101% |
| Profit (loss) for the period before taxes | 9903 | €116,877 | €109,957 | -€6,921 | -5.9% |
| Income taxes | 67/77 | €33,602 | €31,848 | -€1,754 | -5.2% |
| Profit (loss) for the period | 9904 | €83,275 | €78,109 | -€5,166 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €83,275 | €78,109 | -€5,166 | -6.2% |
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.