AWACS: 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.
AWACS
Largest movements
- Cash +€31,093
up €31,093 (+42.0%), from €74,067 to €105,160
mainly Net result for the year (+€28,983) and Other debts (+€24,814)
- Tangible fixed assets +€17,804
up €17,804 (+713.6%), from €2,495 to €20,299
of which Furniture and vehicles: +€18,703
- Receivables within one year +€2,574
up €2,574 (+16.0%), from €16,086 to €18,661
of which Trade receivables: +€2,421
- Profit (loss) carried forward +€28,150
up €28,150 (+51.8%), from €54,322 to €82,472
- Other debts +€24,814
up €24,814 (+623.1%), from €3,983 to €28,797
- Gross operating margin -€28,173
down €28,173 (-41.3%), from €68,179 to €40,006
- Taxes -€6,043
down €6,043 (-44.4%), from €13,607 to €7,564
- Depreciation +€2,999
up €2,999 (+1495.1%), from €201 to €3,200
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 | €92,648 | €144,329 | +€51,680 | +55.8% |
| Fixed assets | 21/28 | €2,495 | €20,299 | +€17,804 | +713.6% |
| Tangible fixed assets | 22/27 | €2,495 | €20,299 | +€17,804 | +713.6% |
| Plant, machinery and equipment | 23 | €2,495 | €1,596 | -€898 | -36.0% |
| Furniture and vehicles | 24 | - | €18,703 | +€18,703 | |
| Current assets | 29/58 | €90,153 | €124,030 | +€33,876 | +37.6% |
| Amounts receivable within one year | 40/41 | €16,086 | €18,661 | +€2,574 | +16.0% |
| Trade receivables | 40 | €16,086 | €18,508 | +€2,421 | +15.1% |
| Other amounts receivable | 41 | €0 | €153 | +€153 | |
| Cash at bank and in hand | 54/58 | €74,067 | €105,160 | +€31,093 | +42.0% |
| Deferred charges and accrued income | 490/1 | - | €209 | +€209 | |
| Total equity and liabilities | 10/49 | €92,648 | €144,329 | +€51,680 | +55.8% |
| Equity | 10/15 | €59,322 | €87,472 | +€28,150 | +47.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,322 | €82,472 | +€28,150 | +51.8% |
| Amounts payable | 17/49 | €33,326 | €56,857 | +€23,531 | +70.6% |
| Amounts payable within one year | 42/48 | €33,326 | €56,857 | +€23,531 | +70.6% |
| Trade debts | 44 | €1,418 | €898 | -€521 | -36.7% |
| Suppliers | 440/4 | €1,418 | €898 | -€521 | -36.7% |
| Taxes, remuneration and social security | 45 | €27,925 | €27,162 | -€763 | -2.7% |
| Taxes | 450/3 | €20,189 | €27,162 | +€6,973 | +34.5% |
| Remuneration and social security | 454/9 | €7,736 | €0 | -€7,736 | -100.0% |
| Other amounts payable | 47/48 | €3,983 | €28,797 | +€24,814 | +623.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201 | €3,200 | +€2,999 | +1495.1% |
| Gross operating margin | 9900 | €68,179 | €40,006 | -€28,173 | -41.3% |
| Operating profit (loss) | 9901 | €67,978 | €36,806 | -€31,172 | -45.9% |
| Financial income | 75/76B | €26 | €0 | -€26 | -98.7% |
| Recurring financial income | 75 | €26 | €0 | -€26 | -98.7% |
| Financial charges | 65/66B | €75 | €260 | +€184 | +244.5% |
| Recurring financial charges | 65 | €75 | €259 | +€184 | +245.5% |
| Non-recurring financial charges | 66B | €0 | €1 | +€0 | +63.4% |
| Profit (loss) for the period before taxes | 9903 | €67,929 | €36,547 | -€31,382 | -46.2% |
| Income taxes | 67/77 | €13,607 | €7,564 | -€6,043 | -44.4% |
| Profit (loss) for the period | 9904 | €54,322 | €28,983 | -€25,339 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €54,322 | €28,983 | -€25,339 | -46.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.