AYDO GROUP: what changed
AYDO GROUP
Largest movements
- Tangible fixed assets -€12,334
down €12,334 (-36.3%), from €33,973 to €21,639
of which Furniture and vehicles: -€6,744
- Cash -€6,428
down €6,428 (-61.6%), from €10,443 to €4,015
mainly Debts after one year (-€5,968) and Current portion of long-term debt (-€3,926)
- Receivables within one year +€1,955
up €1,955 (+13.6%), from €14,422 to €16,377
of which Trade receivables: +€3,053
- Debts after one year -€5,968
down €5,968 (-18.8%), from €31,690 to €25,722
- Current portion of long-term debt -€3,926
down €3,926 (-39.7%), from €9,895 to €5,968
- Profit (loss) carried forward -€2,665
down €2,665, from €309 to -€2,356
- Trade debts -€2,347
down €2,347 (-67.8%), from €3,463 to €1,116
- Other debts -€1,900
no longer reported in 2026 (was €1,900)
- Gross operating margin +€12,575
up €12,575 (+1,316%), from €956 to €13,531
- Depreciation -€3,450
down €3,450 (-21.9%), from €15,784 to €12,334
- Other operating charges +€541
up €541 (+44.8%), from €1,206 to €1,747
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,717 | €56,910 | -€16,807 | -22.8% |
| Fixed assets | 21/28 | €48,851 | €36,517 | -€12,334 | -25.2% |
| Tangible fixed assets | 22/27 | €33,973 | €21,639 | -€12,334 | -36.3% |
| Furniture and vehicles | 24 | €25,428 | €18,684 | -€6,744 | -26.5% |
| Leasing and similar rights | 25 | €8,545 | €2,956 | -€5,590 | -65.4% |
| Financial fixed assets | 28 | €14,878 | €14,878 | = | 0.0% |
| Current assets | 29/58 | €24,866 | €20,392 | -€4,473 | -18.0% |
| Amounts receivable within one year | 40/41 | €14,422 | €16,377 | +€1,955 | +13.6% |
| Trade receivables | 40 | €12,536 | €15,589 | +€3,053 | +24.4% |
| Other amounts receivable | 41 | €1,886 | €788 | -€1,098 | -58.2% |
| Cash at bank and in hand | 54/58 | €10,443 | €4,015 | -€6,428 | -61.6% |
| Total equity and liabilities | 10/49 | €73,717 | €56,910 | -€16,807 | -22.8% |
| Equity | 10/15 | €20,769 | €18,104 | -€2,665 | -12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €309 | -€2,356 | -€2,665 | |
| Amounts payable | 17/49 | €52,948 | €38,805 | -€14,142 | -26.7% |
| Amounts payable after more than one year | 17 | €31,690 | €25,722 | -€5,968 | -18.8% |
| Financial debts | 170/4 | €31,690 | €25,722 | -€5,968 | -18.8% |
| Amounts payable within one year | 42/48 | €21,258 | €13,084 | -€8,174 | -38.5% |
| Current portion of amounts payable after more than one year | 42 | €9,895 | €5,968 | -€3,926 | -39.7% |
| Trade debts | 44 | €3,463 | €1,116 | -€2,347 | -67.8% |
| Suppliers | 440/4 | €3,463 | €1,116 | -€2,347 | -67.8% |
| Taxes, remuneration and social security | 45 | €6,000 | €6,000 | = | 0.0% |
| Remuneration and social security | 454/9 | €6,000 | €6,000 | = | 0.0% |
| Other amounts payable | 47/48 | €1,900 | - | -€1,900 | |
| Non-recurring operating income | 76A | - | €905 | +€905 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,784 | €12,334 | -€3,450 | -21.9% |
| Other operating charges | 640/8 | €1,206 | €1,747 | +€541 | +44.8% |
| Gross operating margin | 9900 | €956 | €13,531 | +€12,575 | +1,316% |
| Operating profit (loss) | 9901 | -€16,034 | -€549 | +€15,485 | +96.6% |
| Financial charges | 65/66B | €2,202 | €2,115 | -€87 | -3.9% |
| Recurring financial charges | 65 | €2,202 | €2,115 | -€87 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,236 | -€2,665 | +€15,572 | +85.4% |
| Profit (loss) for the period | 9904 | -€18,236 | -€2,665 | +€15,572 | +85.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,236 | -€2,665 | +€15,572 | +85.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.