Aviation Tailored Services: 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 Tailored Services
Largest movements
- Receivables within one year +€76,470
up €76,470 (+1,354%), from €5,648 to €82,118
of which Trade receivables: +€78,878
- Tangible fixed assets -€14,510
down €14,510 (-38.3%), from €37,840 to €23,330
of which Furniture and vehicles: -€12,950
- Cash +€9,837
up €9,837 (+51.9%), from €18,955 to €28,792
mainly Trade debts (+€72,075) and Depreciation (+€15,086)
- Trade debts +€72,075
up €72,075 (+1,071%), from €6,731 to €78,806
- Other debts -€8,566
down €8,566 (-34.9%), from €24,566 to €16,000
- Profit (loss) carried forward +€6,039
up €6,039 (+39.8%), from -€15,171 to -€9,133
- Tax, wage and social debts +€2,250
up €2,250 (+18.6%), from €12,107 to €14,357
- Gross operating margin -€48,735
down €48,735 (-60.8%), from €80,195 to €31,460
- Taxes -€9,421
down €9,421 (-77.8%), from €12,107 to €2,685
- Other operating charges -€4,700
no longer reported in 2025 (was €4,700)
- Depreciation -€1,731
down €1,731 (-10.3%), from €16,817 to €15,086
- Financial charges +€1,071
up €1,071 (+185%), from €580 to €1,651
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 | €62,443 | €134,240 | +€71,797 | +115% |
| Fixed assets | 21/28 | €37,840 | €23,330 | -€14,510 | -38.3% |
| Tangible fixed assets | 22/27 | €37,840 | €23,330 | -€14,510 | -38.3% |
| Plant, machinery and equipment | 23 | €3,394 | €1,833 | -€1,560 | -46.0% |
| Furniture and vehicles | 24 | €34,446 | €21,497 | -€12,950 | -37.6% |
| Current assets | 29/58 | €24,603 | €110,910 | +€86,307 | +351% |
| Amounts receivable within one year | 40/41 | €5,648 | €82,118 | +€76,470 | +1,354% |
| Trade receivables | 40 | €2,520 | €81,398 | +€78,878 | +3,130% |
| Other amounts receivable | 41 | €3,128 | €720 | -€2,408 | -77.0% |
| Cash at bank and in hand | 54/58 | €18,955 | €28,792 | +€9,837 | +51.9% |
| Total equity and liabilities | 10/49 | €62,443 | €134,240 | +€71,797 | +115% |
| Equity | 10/15 | €19,039 | €25,077 | +€6,039 | +31.7% |
| Contributions | 10/11 | €31,100 | €31,100 | = | 0.0% |
| Reserves | 13 | €3,110 | €3,110 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,110 | €3,110 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,110 | €3,110 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,171 | -€9,133 | +€6,039 | +39.8% |
| Amounts payable | 17/49 | €43,404 | €109,163 | +€65,758 | +152% |
| Amounts payable within one year | 42/48 | €43,404 | €109,163 | +€65,758 | +152% |
| Trade debts | 44 | €6,731 | €78,806 | +€72,075 | +1,071% |
| Suppliers | 440/4 | €6,731 | €78,806 | +€72,075 | +1,071% |
| Taxes, remuneration and social security | 45 | €12,107 | €14,357 | +€2,250 | +18.6% |
| Taxes | 450/3 | €12,107 | €14,357 | +€2,250 | +18.6% |
| Other amounts payable | 47/48 | €24,566 | €16,000 | -€8,566 | -34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,817 | €15,086 | -€1,731 | -10.3% |
| Other operating charges | 640/8 | €4,700 | - | -€4,700 | |
| Gross operating margin | 9900 | €80,195 | €31,460 | -€48,735 | -60.8% |
| Operating profit (loss) | 9901 | €58,679 | €16,374 | -€42,304 | -72.1% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €580 | €1,651 | +€1,071 | +185% |
| Recurring financial charges | 65 | €580 | €1,651 | +€1,071 | +185% |
| Profit (loss) for the period before taxes | 9903 | €58,103 | €14,724 | -€43,379 | -74.7% |
| Income taxes | 67/77 | €12,107 | €2,685 | -€9,421 | -77.8% |
| Profit (loss) for the period | 9904 | €45,996 | €12,039 | -€33,957 | -73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,996 | €12,039 | -€33,957 | -73.8% |
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 22 October 2026 via checked.be.