Aviation Consultancy & Engineering: 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.
Aviation Consultancy & Engineering
Largest movements
- Receivables within one year -€13,996
down €13,996 (-56.8%), from €24,661 to €10,665
of which Trade receivables: -€15,077
- Tangible fixed assets -€2,601
down €2,601 (-19.7%), from €13,172 to €10,571
of which Furniture and vehicles: -€2,024
- Cash -€1,940
down €1,940 (-24.6%), from €7,898 to €5,958
mainly Tax, wage and social debts (-€6,508) and Other debts (-€6,026)
- Tax, wage and social debts -€6,508
down €6,508 (-92.2%), from €7,058 to €551
- Other debts -€6,026
down €6,026 (-23.9%), from €25,241 to €19,214
- Current portion of long-term debt -€3,062
down €3,062 (-74.7%), from €4,100 to €1,038
- Debts after one year -€1,038
down €1,038 (-4.0%), from €26,038 to €25,000
- Profit (loss) carried forward -€1,018
down €1,018 (-3.2%), from -€31,901 to -€32,919
- Gross operating margin -€20,228
down €20,228 (-74.1%), from €27,316 to €7,088
- Depreciation -€7,620
down €7,620 (-56.1%), from €13,589 to €5,968
- Taxes -€3,298
down €3,298 (-73.7%), from €4,477 to €1,179
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 | €55,824 | €37,817 | -€18,007 | -32.3% |
| Fixed assets | 21/28 | €13,172 | €10,571 | -€2,601 | -19.7% |
| Tangible fixed assets | 22/27 | €13,172 | €10,571 | -€2,601 | -19.7% |
| Plant, machinery and equipment | 23 | €5,788 | €5,211 | -€577 | -10.0% |
| Furniture and vehicles | 24 | €7,384 | €5,361 | -€2,024 | -27.4% |
| Current assets | 29/58 | €42,652 | €27,245 | -€15,407 | -36.1% |
| Amounts receivable within one year | 40/41 | €24,661 | €10,665 | -€13,996 | -56.8% |
| Trade receivables | 40 | €24,632 | €9,555 | -€15,077 | -61.2% |
| Other amounts receivable | 41 | €29 | €1,110 | +€1,081 | +3,741% |
| Current investments | 50/53 | €10,034 | €10,096 | +€62 | +0.6% |
| Cash at bank and in hand | 54/58 | €7,898 | €5,958 | -€1,940 | -24.6% |
| Deferred charges and accrued income | 490/1 | €59 | €526 | +€467 | +789% |
| Total equity and liabilities | 10/49 | €55,824 | €37,817 | -€18,007 | -32.3% |
| Equity | 10/15 | -€13,301 | -€14,319 | -€1,018 | -7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,901 | -€32,919 | -€1,018 | -3.2% |
| Amounts payable | 17/49 | €69,125 | €52,135 | -€16,990 | -24.6% |
| Amounts payable after more than one year | 17 | €26,038 | €25,000 | -€1,038 | -4.0% |
| Financial debts | 170/4 | €26,038 | €25,000 | -€1,038 | -4.0% |
| Amounts payable within one year | 42/48 | €43,087 | €27,123 | -€15,964 | -37.1% |
| Current portion of amounts payable after more than one year | 42 | €4,100 | €1,038 | -€3,062 | -74.7% |
| Financial debts | 43 | €1 | €0 | -€1 | -100% |
| Credit institutions | 430/8 | €1 | €0 | -€1 | -100% |
| Trade debts | 44 | €6,687 | €6,320 | -€367 | -5.5% |
| Suppliers | 440/4 | €6,687 | €6,320 | -€367 | -5.5% |
| Taxes, remuneration and social security | 45 | €7,058 | €551 | -€6,508 | -92.2% |
| Taxes | 450/3 | €7,058 | €551 | -€6,508 | -92.2% |
| Other amounts payable | 47/48 | €25,241 | €19,214 | -€6,026 | -23.9% |
| Accrued charges and deferred income | 492/3 | - | €12 | +€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,589 | €5,968 | -€7,620 | -56.1% |
| Other operating charges | 640/8 | €746 | €784 | +€38 | +5.1% |
| Gross operating margin | 9900 | €27,316 | €7,088 | -€20,228 | -74.1% |
| Operating profit (loss) | 9901 | €12,981 | €335 | -€12,646 | -97.4% |
| Financial income | 75/76B | €58 | €89 | +€30 | +51.9% |
| Recurring financial income | 75 | €58 | €89 | +€30 | +51.9% |
| Financial charges | 65/66B | €394 | €263 | -€131 | -33.2% |
| Recurring financial charges | 65 | €394 | €263 | -€131 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €12,646 | €161 | -€12,485 | -98.7% |
| Income taxes | 67/77 | €4,477 | €1,179 | -€3,298 | -73.7% |
| Profit (loss) for the period | 9904 | €8,169 | -€1,018 | -€9,187 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,169 | -€1,018 | -€9,187 |
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.