Aydo: 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.
Aydo
Largest movements
- Receivables within one year -€156,606
no longer reported in 2025 (was €156,606)
of which Trade receivables: -€155,691
- Cash -€52,026
down €52,026 (-92.3%), from €56,337 to €4,311
mainly Other debts (-€176,868) and Stocks and contracts (-€24,650)
- Stocks and contracts +€24,650
up €24,650 (+78.0%), from €31,600 to €56,250
- Tangible fixed assets -€2,732
down €2,732 (-57.4%), from €4,759 to €2,026
of which Furniture and vehicles: -€2,342
- Other debts -€176,868
down €176,868 (-95.4%), from €185,417 to €8,549
- Trade debts -€16,257
down €16,257 (-96.7%), from €16,811 to €554
- Reserves +€3,421
up €3,421 (+7.2%), from €47,676 to €51,097
- Gross operating margin -€3,950
down €3,950 (-30.8%), from €12,805 to €8,855
- Other operating charges -€3,027
down €3,027 (-69.9%), from €4,330 to €1,303
- Financial income -€1,753
no longer reported in 2025 (was €1,753)
of which Non-recurring financial income: -€1,653
- Taxes -€556
down €556 (-30.2%), from €1,837 to €1,281
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 | €252,724 | €63,833 | -€188,891 | -74.7% |
| Fixed assets | 21/28 | €4,759 | €2,026 | -€2,732 | -57.4% |
| Tangible fixed assets | 22/27 | €4,759 | €2,026 | -€2,732 | -57.4% |
| Plant, machinery and equipment | 23 | €775 | €384 | -€391 | -50.4% |
| Furniture and vehicles | 24 | €3,984 | €1,642 | -€2,342 | -58.8% |
| Current assets | 29/58 | €247,965 | €61,807 | -€186,158 | -75.1% |
| Stocks and contracts in progress | 3 | €31,600 | €56,250 | +€24,650 | +78.0% |
| Stocks | 30/36 | €31,600 | €56,250 | +€24,650 | +78.0% |
| Amounts receivable within one year | 40/41 | €156,606 | - | -€156,606 | |
| Trade receivables | 40 | €155,691 | - | -€155,691 | |
| Other amounts receivable | 41 | €916 | - | -€916 | |
| Cash at bank and in hand | 54/58 | €56,337 | €4,311 | -€52,026 | -92.3% |
| Deferred charges and accrued income | 490/1 | €3,422 | €1,246 | -€2,176 | -63.6% |
| Total equity and liabilities | 10/49 | €252,724 | €63,833 | -€188,891 | -74.7% |
| Equity | 10/15 | €47,776 | €51,197 | +€3,421 | +7.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €47,676 | €51,097 | +€3,421 | +7.2% |
| Distributable reserves | 133 | €47,676 | €51,097 | +€3,421 | +7.2% |
| Amounts payable | 17/49 | €204,948 | €12,637 | -€192,311 | -93.8% |
| Amounts payable within one year | 42/48 | €204,948 | €12,637 | -€192,311 | -93.8% |
| Trade debts | 44 | €16,811 | €554 | -€16,257 | -96.7% |
| Suppliers | 440/4 | €16,811 | €554 | -€16,257 | -96.7% |
| Taxes, remuneration and social security | 45 | €2,720 | €3,534 | +€814 | +29.9% |
| Taxes | 450/3 | €2,720 | €3,534 | +€814 | +29.9% |
| Other amounts payable | 47/48 | €185,417 | €8,549 | -€176,868 | -95.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,732 | €2,732 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,330 | €1,303 | -€3,027 | -69.9% |
| Gross operating margin | 9900 | €12,805 | €8,855 | -€3,950 | -30.8% |
| Operating profit (loss) | 9901 | €5,742 | €4,820 | -€923 | -16.1% |
| Financial income | 75/76B | €1,753 | - | -€1,753 | |
| Recurring financial income | 75 | €100 | - | -€100 | |
| Non-recurring financial income | 76B | €1,653 | - | -€1,653 | |
| Financial charges | 65/66B | €160 | €117 | -€43 | -26.8% |
| Recurring financial charges | 65 | €160 | €117 | -€43 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €7,335 | €4,702 | -€2,633 | -35.9% |
| Income taxes | 67/77 | €1,837 | €1,281 | -€556 | -30.2% |
| Profit (loss) for the period | 9904 | €5,498 | €3,421 | -€2,077 | -37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,498 | €3,421 | -€2,077 | -37.8% |
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 25 October 2026 via checked.be.