Aurélise: what changed
Two fiscal 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.
Aurélise
Largest movements
- Tangible fixed assets +€335,032
up €335,032 (+514.5%), from €65,119 to €400,151
of which Land and buildings: +€298,172
- Current investments -€30,000
down €30,000 (-100.0%), from €30,000 to €0
- Intangible fixed assets +€18,762
up €18,762, from €0 to €18,762
- Receivables within one year -€13,790
down €13,790 (-95.4%), from €14,448 to €657
of which Trade receivables: -€10,802
- Cash -€11,747
down €11,747 (-9.6%), from €122,700 to €110,953
mainly Investment in fixed assets (net) (-€417,718) and Other debts (-€28,267)
- Debts after one year +€257,446
up €257,446 (+1134.4%), from €22,695 to €280,141
- Reserves +€32,803
up €32,803 (+27.7%), from €118,420 to €151,223
- Other debts -€28,267
down €28,267 (-43.8%), from €64,537 to €36,271
- Current portion of long-term debt +€21,020
up €21,020 (+132.8%), from €15,822 to €36,842
- Tax, wage and social debts +€8,406
up €8,406 (+295.6%), from €2,844 to €11,250
of which Taxes: +€8,193
- Gross operating margin +€91,285
up €91,285 (+216.6%), from €42,150 to €133,435
- Depreciation +€41,100
up €41,100 (+180.1%), from €22,825 to €63,925
- Taxes +€12,346
up €12,346 (+333.9%), from €3,698 to €16,044
- Financial charges +€7,878
up €7,878 (+164.9%), from €4,776 to €12,654
- Staff costs +€6,521
new in 2025: €6,521
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.
Cash bridge derived
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 | €236,412 | €536,644 | +€300,232 | +127.0% |
| Fixed assets | 21/28 | €65,119 | €418,912 | +€353,794 | +543.3% |
| Intangible fixed assets | 21 | €0 | €18,762 | +€18,762 | |
| Tangible fixed assets | 22/27 | €65,119 | €400,151 | +€335,032 | +514.5% |
| Land and buildings | 22 | €33,891 | €332,063 | +€298,172 | +879.8% |
| Plant, machinery and equipment | 23 | €4,117 | €52,262 | +€48,145 | +1169.5% |
| Furniture and vehicles | 24 | €27,111 | €15,826 | -€11,285 | -41.6% |
| Current assets | 29/58 | €171,294 | €117,732 | -€53,562 | -31.3% |
| Stocks and contracts in progress | 3 | - | €4,972 | +€4,972 | |
| Stocks | 30/36 | - | €4,972 | +€4,972 | |
| Amounts receivable within one year | 40/41 | €14,448 | €657 | -€13,790 | -95.4% |
| Trade receivables | 40 | €11,227 | €425 | -€10,802 | -96.2% |
| Other amounts receivable | 41 | €3,221 | €232 | -€2,989 | -92.8% |
| Current investments | 50/53 | €30,000 | €0 | -€30,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €122,700 | €110,953 | -€11,747 | -9.6% |
| Deferred charges and accrued income | 490/1 | €4,146 | €1,150 | -€2,996 | -72.3% |
| Total equity and liabilities | 10/49 | €236,412 | €536,644 | +€300,232 | +127.0% |
| Equity | 10/15 | €125,194 | €157,998 | +€32,804 | +26.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €118,420 | €151,223 | +€32,803 | +27.7% |
| Distributable reserves | 133 | €118,420 | €151,223 | +€32,803 | +27.7% |
| Profit (loss) carried forward | 14 | €574 | €575 | +€1 | +0.1% |
| Amounts payable | 17/49 | €111,218 | €378,646 | +€267,428 | +240.5% |
| Amounts payable after more than one year | 17 | €22,695 | €280,141 | +€257,446 | +1134.4% |
| Financial debts | 170/4 | €22,695 | €280,141 | +€257,446 | +1134.4% |
| Amounts payable within one year | 42/48 | €84,646 | €92,602 | +€7,956 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €15,822 | €36,842 | +€21,020 | +132.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,443 | €8,240 | +€6,797 | +471.1% |
| Suppliers | 440/4 | €1,443 | €8,240 | +€6,797 | +471.1% |
| Taxes, remuneration and social security | 45 | €2,844 | €11,250 | +€8,406 | +295.6% |
| Taxes | 450/3 | €2,844 | €11,037 | +€8,193 | +288.1% |
| Remuneration and social security | 454/9 | - | €212 | +€212 | |
| Other amounts payable | 47/48 | €64,537 | €36,271 | -€28,267 | -43.8% |
| Accrued charges and deferred income | 492/3 | €3,877 | €5,904 | +€2,027 | +52.3% |
| Remuneration, social security and pensions | 62 | - | €6,521 | +€6,521 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,825 | €63,925 | +€41,100 | +180.1% |
| Other operating charges | 640/8 | €1,805 | €2,427 | +€621 | +34.4% |
| Non-recurring operating charges | 66A | - | €410 | +€410 | |
| Gross operating margin | 9900 | €42,150 | €133,435 | +€91,285 | +216.6% |
| Operating profit (loss) | 9901 | €17,520 | €60,152 | +€42,632 | +243.3% |
| Financial income | 75/76B | €119 | €1,350 | +€1,231 | +1037.9% |
| Recurring financial income | 75 | €119 | €1,350 | +€1,231 | +1037.9% |
| Financial charges | 65/66B | €4,776 | €12,654 | +€7,878 | +164.9% |
| Recurring financial charges | 65 | €4,776 | €12,654 | +€7,878 | +164.9% |
| Profit (loss) for the period before taxes | 9903 | €12,862 | €48,847 | +€35,986 | +279.8% |
| Income taxes | 67/77 | €3,698 | €16,044 | +€12,346 | +333.9% |
| Profit (loss) for the period | 9904 | €9,164 | €32,804 | +€23,640 | +258.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,164 | €32,804 | +€23,640 | +258.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.