Aitiko: 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.
Aitiko
Largest movements
- Receivables within one year +€9,584
up €9,584 (+23.0%), from €41,676 to €51,261
of which Trade receivables: +€5,820
- Receivables after one year -€4,740
down €4,740 (-13.9%), from €34,011 to €29,271
- Deferred charges and accrued income -€4,182
down €4,182 (-33.0%), from €12,661 to €8,478
- Cash -€3,569
down €3,569 (-2.0%), from €179,372 to €175,803
mainly Contributions, distributions and other (-€63,517) and Receivables within one year (-€9,584)
- Reserves -€42,032
down €42,032 (-19.8%), from €212,733 to €170,701
- Other debts +€37,357
up €37,357 (+165%), from €22,645 to €60,002
- Trade debts +€7,113
up €7,113 (+584%), from €1,219 to €8,332
- Tax, wage and social debts -€5,480
down €5,480 (-17.4%), from €31,554 to €26,074
- Gross operating margin -€18,178
down €18,178 (-33.5%), from €54,342 to €36,164
- Taxes -€3,729
down €3,729 (-27.3%), from €13,676 to €9,947
- Financial charges -€634
down €634 (-17.7%), from €3,576 to €2,942
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 | €274,352 | €271,310 | -€3,042 | -1.1% |
| Fixed assets | 21/28 | €6,632 | €6,497 | -€135 | -2.0% |
| Tangible fixed assets | 22/27 | €6,632 | €6,497 | -€135 | -2.0% |
| Furniture and vehicles | 24 | €4,385 | €4,391 | +€6 | +0.1% |
| Other tangible fixed assets | 26 | €2,246 | €2,106 | -€141 | -6.3% |
| Current assets | 29/58 | €267,720 | €264,813 | -€2,907 | -1.1% |
| Amounts receivable after more than one year | 29 | €34,011 | €29,271 | -€4,740 | -13.9% |
| Other amounts receivable | 291 | €34,011 | €29,271 | -€4,740 | -13.9% |
| Amounts receivable within one year | 40/41 | €41,676 | €51,261 | +€9,584 | +23.0% |
| Trade receivables | 40 | €33,387 | €39,207 | +€5,820 | +17.4% |
| Other amounts receivable | 41 | €8,290 | €12,054 | +€3,764 | +45.4% |
| Cash at bank and in hand | 54/58 | €179,372 | €175,803 | -€3,569 | -2.0% |
| Deferred charges and accrued income | 490/1 | €12,661 | €8,478 | -€4,182 | -33.0% |
| Total equity and liabilities | 10/49 | €274,352 | €271,310 | -€3,042 | -1.1% |
| Equity | 10/15 | €218,933 | €176,901 | -€42,032 | -19.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €212,733 | €170,701 | -€42,032 | -19.8% |
| Distributable reserves | 133 | €212,733 | €170,701 | -€42,032 | -19.8% |
| Amounts payable | 17/49 | €55,418 | €94,409 | +€38,990 | +70.4% |
| Amounts payable within one year | 42/48 | €55,418 | €94,409 | +€38,990 | +70.4% |
| Trade debts | 44 | €1,219 | €8,332 | +€7,113 | +584% |
| Suppliers | 440/4 | €1,219 | €8,332 | +€7,113 | +584% |
| Taxes, remuneration and social security | 45 | €31,554 | €26,074 | -€5,480 | -17.4% |
| Taxes | 450/3 | €31,554 | €26,074 | -€5,480 | -17.4% |
| Other amounts payable | 47/48 | €22,645 | €60,002 | +€37,357 | +165% |
| Non-recurring operating income | 76A | €9,500 | - | -€9,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,242 | €2,034 | -€208 | -9.3% |
| Other operating charges | 640/8 | €1,303 | €1,074 | -€229 | -17.5% |
| Gross operating margin | 9900 | €54,342 | €36,164 | -€18,178 | -33.5% |
| Operating profit (loss) | 9901 | €50,797 | €33,055 | -€17,742 | -34.9% |
| Financial income | 75/76B | €1,433 | €1,319 | -€114 | -7.9% |
| Recurring financial income | 75 | €1,433 | €1,319 | -€114 | -7.9% |
| Financial charges | 65/66B | €3,576 | €2,942 | -€634 | -17.7% |
| Recurring financial charges | 65 | €3,576 | €2,942 | -€634 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €48,653 | €31,432 | -€17,221 | -35.4% |
| Income taxes | 67/77 | €13,676 | €9,947 | -€3,729 | -27.3% |
| Profit (loss) for the period | 9904 | €34,977 | €21,485 | -€13,492 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,977 | €21,485 | -€13,492 | -38.6% |
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 14 October 2026 via checked.be.