Ayden: 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.
Ayden
Largest movements
- Tangible fixed assets -€45,641
down €45,641 (-75.4%), from €60,499 to €14,858
of which Furniture and vehicles: -€46,576
- Receivables within one year +€27,845
up €27,845 (+160.0%), from €17,400 to €45,245
of which Other amounts receivable: +€21,731
- Current investments +€4,727
up €4,727 (+18.4%), from €25,693 to €30,419
- Deferred charges and accrued income +€3,134
up €3,134 (+410.0%), from €764 to €3,898
- Cash +€2,936
up €2,936 (+17.4%), from €16,849 to €19,785
mainly Investment in fixed assets (net) (+€41,747) and Net result for the year (+€23,493)
- Debts after one year -€32,750
down €32,750 (-100.0%), from €32,750 to €0
- Reserves +€23,500
up €23,500 (+47.0%), from €50,000 to €73,500
- Trade debts +€18,665
up €18,665 (+156.2%), from €11,948 to €30,612
- Current portion of long-term debt -€12,244
down €12,244 (-100.0%), from €12,244 to €0
- Tax, wage and social debts -€4,131
down €4,131 (-53.9%), from €7,671 to €3,539
of which Taxes: -€4,131
- Gross operating margin +€27,119
up €27,119 (+88.0%), from €30,828 to €57,946
- Depreciation -€11,954
down €11,954 (-75.4%), from €15,848 to €3,894
- Taxes +€4,449
up €4,449 (+93.6%), from €4,751 to €9,200
- Staff costs +€1,381
up €1,381 (+1410.0%), from €98 to €1,479
- Financial charges +€791
up €791 (+31.0%), from €2,549 to €3,340
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 | €122,990 | €115,990 | -€6,999 | -5.7% |
| Fixed assets | 21/28 | €62,284 | €16,643 | -€45,641 | -73.3% |
| Tangible fixed assets | 22/27 | €60,499 | €14,858 | -€45,641 | -75.4% |
| Land and buildings | 22 | €5,906 | €5,604 | -€302 | -5.1% |
| Plant, machinery and equipment | 23 | €3,310 | €4,547 | +€1,237 | +37.4% |
| Furniture and vehicles | 24 | €51,283 | €4,707 | -€46,576 | -90.8% |
| Financial fixed assets | 28 | €1,785 | €1,785 | = | 0.0% |
| Current assets | 29/58 | €60,706 | €99,347 | +€38,641 | +63.7% |
| Amounts receivable within one year | 40/41 | €17,400 | €45,245 | +€27,845 | +160.0% |
| Trade receivables | 40 | €1,548 | €7,662 | +€6,114 | +395.0% |
| Other amounts receivable | 41 | €15,852 | €37,583 | +€21,731 | +137.1% |
| Current investments | 50/53 | €25,693 | €30,419 | +€4,727 | +18.4% |
| Cash at bank and in hand | 54/58 | €16,849 | €19,785 | +€2,936 | +17.4% |
| Deferred charges and accrued income | 490/1 | €764 | €3,898 | +€3,134 | +410.0% |
| Total equity and liabilities | 10/49 | €122,990 | €115,990 | -€6,999 | -5.7% |
| Equity | 10/15 | €57,496 | €80,990 | +€23,493 | +40.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €73,500 | +€23,500 | +47.0% |
| Distributable reserves | 133 | €50,000 | €73,500 | +€23,500 | +47.0% |
| Profit (loss) carried forward | 14 | €496 | €490 | -€7 | -1.4% |
| Amounts payable | 17/49 | €65,493 | €35,001 | -€30,493 | -46.6% |
| Amounts payable after more than one year | 17 | €32,750 | €0 | -€32,750 | -100.0% |
| Financial debts | 170/4 | €32,750 | €0 | -€32,750 | -100.0% |
| Amounts payable within one year | 42/48 | €32,743 | €35,001 | +€2,258 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €12,244 | €0 | -€12,244 | -100.0% |
| Financial debts | 43 | €80 | €49 | -€32 | -39.3% |
| Credit institutions | 430/8 | €80 | €49 | -€32 | -39.3% |
| Trade debts | 44 | €11,948 | €30,612 | +€18,665 | +156.2% |
| Suppliers | 440/4 | €11,948 | €30,612 | +€18,665 | +156.2% |
| Taxes, remuneration and social security | 45 | €7,671 | €3,539 | -€4,131 | -53.9% |
| Taxes | 450/3 | €7,671 | €3,539 | -€4,131 | -53.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €800 | €800 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €98 | €1,479 | +€1,381 | +1410.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,848 | €3,894 | -€11,954 | -75.4% |
| Other operating charges | 640/8 | €1,738 | €1,461 | -€277 | -15.9% |
| Non-recurring operating charges | 66A | €0 | €16,209 | +€16,209 | |
| Gross operating margin | 9900 | €30,828 | €57,946 | +€27,119 | +88.0% |
| Operating profit (loss) | 9901 | €13,144 | €34,903 | +€21,759 | +165.5% |
| Financial income | 75/76B | €422 | €1,129 | +€707 | +167.7% |
| Recurring financial income | 75 | €422 | €1,129 | +€707 | +167.7% |
| Financial charges | 65/66B | €2,549 | €3,340 | +€791 | +31.0% |
| Recurring financial charges | 65 | €2,549 | €3,340 | +€791 | +31.0% |
| Profit (loss) for the period before taxes | 9903 | €11,017 | €32,693 | +€21,676 | +196.7% |
| Income taxes | 67/77 | €4,751 | €9,200 | +€4,449 | +93.6% |
| Profit (loss) for the period | 9904 | €6,266 | €23,493 | +€17,227 | +274.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,266 | €23,493 | +€17,227 | +274.9% |
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 9 October 2026 via checked.be.