ARNOUTS AVIATION: 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.
ARNOUTS AVIATION
Largest movements
- Receivables within one year +€28,018
up €28,018 (+63.0%), from €44,446 to €72,464
of which Other amounts receivable: +€31,877
- Cash +€1,197
up €1,197 (+10,964%), from €11 to €1,208
mainly Net result for the year (+€37,101) and Tax, wage and social debts (+€5,636)
- Reserves +€37,500
up €37,500 (+167%), from €22,500 to €60,000
- Trade debts -€13,521
down €13,521 (-89.4%), from €15,129 to €1,608
- Tax, wage and social debts +€5,636
up €5,636 (+50.0%), from €11,273 to €16,908
of which Taxes: +€7,636
- Gross operating margin +€39,047
up €39,047 (+235%), from €16,582 to €55,629
- Taxes +€11,106
up €11,106 (+276%), from €4,023 to €15,129
- Financial charges -€2,040
down €2,040 (-47.1%), from €4,333 to €2,293
- Other operating charges +€809
up €809 (+190%), from €425 to €1,233
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 | €49,602 | €78,817 | +€29,215 | +58.9% |
| Fixed assets | 21/28 | €5,146 | €5,146 | = | 0.0% |
| Financial fixed assets | 28 | €5,146 | €5,146 | = | 0.0% |
| Current assets | 29/58 | €44,457 | €73,672 | +€29,215 | +65.7% |
| Amounts receivable within one year | 40/41 | €44,446 | €72,464 | +€28,018 | +63.0% |
| Trade receivables | 40 | €5,892 | €2,033 | -€3,859 | -65.5% |
| Other amounts receivable | 41 | €38,554 | €70,431 | +€31,877 | +82.7% |
| Cash at bank and in hand | 54/58 | €11 | €1,208 | +€1,197 | +10,964% |
| Total equity and liabilities | 10/49 | €49,602 | €78,817 | +€29,215 | +58.9% |
| Equity | 10/15 | €23,200 | €60,301 | +€37,101 | +160% |
| Reserves | 13 | €22,500 | €60,000 | +€37,500 | +167% |
| Distributable reserves | 133 | €22,500 | €60,000 | +€37,500 | +167% |
| Profit (loss) carried forward | 14 | €700 | €301 | -€399 | -57.0% |
| Amounts payable | 17/49 | €26,402 | €18,516 | -€7,886 | -29.9% |
| Amounts payable within one year | 42/48 | €26,402 | €18,516 | -€7,886 | -29.9% |
| Trade debts | 44 | €15,129 | €1,608 | -€13,521 | -89.4% |
| Suppliers | 440/4 | €15,129 | €1,608 | -€13,521 | -89.4% |
| Taxes, remuneration and social security | 45 | €11,273 | €16,908 | +€5,636 | +50.0% |
| Taxes | 450/3 | €9,273 | €16,908 | +€7,636 | +82.3% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other operating charges | 640/8 | €425 | €1,233 | +€809 | +190% |
| Gross operating margin | 9900 | €16,582 | €55,629 | +€39,047 | +235% |
| Operating profit (loss) | 9901 | €16,158 | €54,396 | +€38,238 | +237% |
| Financial income | 75/76B | - | €127 | +€127 | |
| Recurring financial income | 75 | - | €127 | +€127 | |
| Financial charges | 65/66B | €4,333 | €2,293 | -€2,040 | -47.1% |
| Recurring financial charges | 65 | €4,333 | €2,293 | -€2,040 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | €11,824 | €52,230 | +€40,405 | +342% |
| Income taxes | 67/77 | €4,023 | €15,129 | +€11,106 | +276% |
| Profit (loss) for the period | 9904 | €7,802 | €37,101 | +€29,299 | +376% |
| Profit (loss) for the period to be appropriated | 9905 | €7,802 | €37,101 | +€29,299 | +376% |
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 13 October 2026 via checked.be.