AVIATORS FACTORY: 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.
AVIATORS FACTORY
Largest movements
- Receivables within one year -€7,381
down €7,381 (-36.5%), from €20,214 to €12,833
of which Trade receivables: -€6,050
- Trade debts -€5,181
down €5,181 (-64.8%), from €7,990 to €2,809
- Profit (loss) carried forward -€3,639
down €3,639 (-592.7%), from -€614 to -€4,253
- Other debts +€2,702
new in 2025: €2,702
- Tax, wage and social debts -€1,209
no longer reported in 2025 (was €1,209)
- Gross operating margin -€5,019
down €5,019, from €2,115 to -€2,904
- Other operating charges -€1,119
down €1,119 (-70.0%), from €1,598 to €479
- Financial charges +€256
new in 2025: €256
- Taxes -€134
no longer reported in 2025 (was €134)
- Depreciation -€131
no longer reported in 2025 (was €131)
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 | €20,233 | €12,906 | -€7,327 | -36.2% |
| Current assets | 29/58 | €20,233 | €12,906 | -€7,327 | -36.2% |
| Amounts receivable within one year | 40/41 | €20,214 | €12,833 | -€7,381 | -36.5% |
| Trade receivables | 40 | €18,735 | €12,685 | -€6,050 | -32.3% |
| Other amounts receivable | 41 | €1,479 | €148 | -€1,331 | -90.0% |
| Cash at bank and in hand | 54/58 | €7 | €41 | +€34 | +485.7% |
| Deferred charges and accrued income | 490/1 | €12 | €32 | +€20 | +166.7% |
| Total equity and liabilities | 10/49 | €20,233 | €12,906 | -€7,327 | -36.2% |
| Equity | 10/15 | €11,034 | €7,395 | -€3,639 | -33.0% |
| Reserves | 13 | €11,648 | €11,648 | = | 0.0% |
| Distributable reserves | 133 | €11,648 | €11,648 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€614 | -€4,253 | -€3,639 | -592.7% |
| Amounts payable | 17/49 | €9,199 | €5,511 | -€3,688 | -40.1% |
| Amounts payable within one year | 42/48 | €9,199 | €5,511 | -€3,688 | -40.1% |
| Trade debts | 44 | €7,990 | €2,809 | -€5,181 | -64.8% |
| Suppliers | 440/4 | €7,990 | €2,809 | -€5,181 | -64.8% |
| Taxes, remuneration and social security | 45 | €1,209 | - | -€1,209 | |
| Taxes | 450/3 | €1,209 | - | -€1,209 | |
| Other amounts payable | 47/48 | - | €2,702 | +€2,702 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131 | - | -€131 | |
| Other operating charges | 640/8 | €1,598 | €479 | -€1,119 | -70.0% |
| Non-recurring operating charges | 66A | €184 | - | -€184 | |
| Gross operating margin | 9900 | €2,115 | -€2,904 | -€5,019 | |
| Operating profit (loss) | 9901 | €202 | -€3,383 | -€3,585 | |
| Financial charges | 65/66B | - | €256 | +€256 | |
| Recurring financial charges | 65 | - | €256 | +€256 | |
| Profit (loss) for the period before taxes | 9903 | €202 | -€3,639 | -€3,841 | |
| Income taxes | 67/77 | €134 | - | -€134 | |
| Profit (loss) for the period | 9904 | €68 | -€3,639 | -€3,707 | |
| Profit (loss) for the period to be appropriated | 9905 | €68 | -€3,639 | -€3,707 |
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 10 October 2026 via checked.be.