Aurora Projects: 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.
Aurora Projects
Largest movements
- Tangible fixed assets -€8,180
down €8,180 (-16.0%), from €51,273 to €43,093
of which Furniture and vehicles: -€7,754
- Receivables within one year -€6,262
down €6,262 (-13.5%), from €46,262 to €40,000
of which Trade receivables: -€5,000
- Receivables after one year -€2,500
down €2,500 (-100%), from €2,500 to €0
- Cash +€1,757
up €1,757 (+21.3%), from €8,269 to €10,026
mainly Depreciation (+€8,180) and Receivables within one year (+€6,262)
- Deferred charges and accrued income +€1,387
up €1,387 (+18.4%), from €7,527 to €8,914
- Debts after one year -€14,539
down €14,539 (-70.2%), from €20,723 to €6,184
- Trade debts -€4,732
down €4,732 (-70.0%), from €6,761 to €2,029
- Reserves +€2,957
up €2,957 (+5.2%), from €56,366 to €59,323
- Other debts +€1,983
up €1,983 (+81.7%), from €2,428 to €4,411
- Gross operating margin +€8,627
up €8,627 (+43.0%), from €20,052 to €28,679
- Financial charges +€3,336
up €3,336 (+36.5%), from €9,134 to €12,470
of which Non-recurring financial charges: +€3,162
- Write-downs +€2,500
new in 2025: €2,500
- Taxes +€853
up €853 (+57.4%), from €1,488 to €2,341
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 | €116,381 | €102,094 | -€14,287 | -12.3% |
| Fixed assets | 21/28 | €51,823 | €43,153 | -€8,670 | -16.7% |
| Tangible fixed assets | 22/27 | €51,273 | €43,093 | -€8,180 | -16.0% |
| Plant, machinery and equipment | 23 | €2,282 | €1,856 | -€426 | -18.7% |
| Furniture and vehicles | 24 | €48,990 | €41,237 | -€7,754 | -15.8% |
| Financial fixed assets | 28 | €550 | €60 | -€490 | -89.1% |
| Current assets | 29/58 | €64,558 | €58,940 | -€5,618 | -8.7% |
| Amounts receivable after more than one year | 29 | €2,500 | €0 | -€2,500 | -100% |
| Other amounts receivable | 291 | €2,500 | €0 | -€2,500 | -100% |
| Amounts receivable within one year | 40/41 | €46,262 | €40,000 | -€6,262 | -13.5% |
| Trade receivables | 40 | €5,000 | €0 | -€5,000 | -100% |
| Other amounts receivable | 41 | €41,262 | €40,000 | -€1,262 | -3.1% |
| Cash at bank and in hand | 54/58 | €8,269 | €10,026 | +€1,757 | +21.3% |
| Deferred charges and accrued income | 490/1 | €7,527 | €8,914 | +€1,387 | +18.4% |
| Total equity and liabilities | 10/49 | €116,381 | €102,094 | -€14,287 | -12.3% |
| Equity | 10/15 | €61,366 | €64,323 | +€2,957 | +4.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €56,366 | €59,323 | +€2,957 | +5.2% |
| Distributable reserves | 133 | €56,366 | €59,323 | +€2,957 | +5.2% |
| Amounts payable | 17/49 | €55,015 | €37,771 | -€17,245 | -31.3% |
| Amounts payable after more than one year | 17 | €20,723 | €6,184 | -€14,539 | -70.2% |
| Financial debts | 170/4 | €20,723 | €6,184 | -€14,539 | -70.2% |
| Amounts payable within one year | 42/48 | €33,912 | €31,586 | -€2,326 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €15,032 | €14,539 | -€493 | -3.3% |
| Financial debts | 43 | €3,704 | €3,722 | +€18 | +0.5% |
| Credit institutions | 430/8 | €3,704 | €3,722 | +€18 | +0.5% |
| Trade debts | 44 | €6,761 | €2,029 | -€4,732 | -70.0% |
| Suppliers | 440/4 | €6,761 | €2,029 | -€4,732 | -70.0% |
| Taxes, remuneration and social security | 45 | €5,988 | €6,886 | +€899 | +15.0% |
| Taxes | 450/3 | €5,988 | €6,886 | +€899 | +15.0% |
| Other amounts payable | 47/48 | €2,428 | €4,411 | +€1,983 | +81.7% |
| Accrued charges and deferred income | 492/3 | €380 | €0 | -€380 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,291 | €8,180 | -€111 | -1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,500 | +€2,500 | |
| Other operating charges | 640/8 | €798 | €785 | -€13 | -1.6% |
| Non-recurring operating charges | 66A | €0 | €490 | +€490 | |
| Gross operating margin | 9900 | €20,052 | €28,679 | +€8,627 | +43.0% |
| Operating profit (loss) | 9901 | €10,963 | €16,724 | +€5,761 | +52.5% |
| Financial income | 75/76B | €1,032 | €1,044 | +€12 | +1.1% |
| Recurring financial income | 75 | €1,032 | €1,044 | +€12 | +1.1% |
| Financial charges | 65/66B | €9,134 | €12,470 | +€3,336 | +36.5% |
| Recurring financial charges | 65 | €4,797 | €4,972 | +€175 | +3.6% |
| Non-recurring financial charges | 66B | €4,337 | €7,499 | +€3,162 | +72.9% |
| Profit (loss) for the period before taxes | 9903 | €2,861 | €5,298 | +€2,437 | +85.2% |
| Income taxes | 67/77 | €1,488 | €2,341 | +€853 | +57.4% |
| Profit (loss) for the period | 9904 | €1,374 | €2,957 | +€1,583 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €1,374 | €2,957 | +€1,583 | +115% |
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 25 October 2026 via checked.be.