AYROTECH: 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.
AYROTECH
Largest movements
- Cash -€74,535
down €74,535 (-42.9%), from €173,832 to €99,297
mainly Contributions, distributions and other (-€236,331) and Receivables within one year (-€38,490)
- Receivables within one year +€38,490
up €38,490 (+94.1%), from €40,882 to €79,372
of which Trade receivables: +€39,960
- Deferred charges and accrued income +€2,737
new in 2025: €2,737
- Tangible fixed assets -€2,698
down €2,698 (-59.1%), from €4,565 to €1,867
- Profit (loss) carried forward -€161,182
down €161,182 (-100.0%), from €161,182 to €0
- Other debts +€146,985
new in 2025: €146,985
- Tax, wage and social debts -€24,342
down €24,342 (-44.8%), from €54,323 to €29,982
of which Taxes: -€25,741
- Trade debts +€2,533
up €2,533 (+327.4%), from €774 to €3,307
- Gross operating margin +€19,406
up €19,406 (+22.5%), from €86,083 to €105,489
- Taxes +€10,076
up €10,076 (+59.8%), from €16,843 to €26,919
- Depreciation -€1,463
down €1,463 (-28.7%), from €5,092 to €3,629
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 | €219,279 | €183,273 | -€36,005 | -16.4% |
| Fixed assets | 21/28 | €4,565 | €1,867 | -€2,698 | -59.1% |
| Tangible fixed assets | 22/27 | €4,565 | €1,867 | -€2,698 | -59.1% |
| Furniture and vehicles | 24 | €4,565 | €1,867 | -€2,698 | -59.1% |
| Current assets | 29/58 | €214,714 | €181,407 | -€33,307 | -15.5% |
| Amounts receivable within one year | 40/41 | €40,882 | €79,372 | +€38,490 | +94.1% |
| Trade receivables | 40 | €39,412 | €79,372 | +€39,960 | +101.4% |
| Other amounts receivable | 41 | €1,470 | €0 | -€1,470 | -100.0% |
| Cash at bank and in hand | 54/58 | €173,832 | €99,297 | -€74,535 | -42.9% |
| Deferred charges and accrued income | 490/1 | - | €2,737 | +€2,737 | |
| Total equity and liabilities | 10/49 | €219,279 | €183,273 | -€36,005 | -16.4% |
| Equity | 10/15 | €164,182 | €3,000 | -€161,182 | -98.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,182 | €0 | -€161,182 | -100.0% |
| Amounts payable | 17/49 | €55,097 | €180,273 | +€125,176 | +227.2% |
| Amounts payable within one year | 42/48 | €55,097 | €180,273 | +€125,176 | +227.2% |
| Trade debts | 44 | €774 | €3,307 | +€2,533 | +327.4% |
| Suppliers | 440/4 | €774 | €3,307 | +€2,533 | +327.4% |
| Taxes, remuneration and social security | 45 | €54,323 | €29,982 | -€24,342 | -44.8% |
| Taxes | 450/3 | €54,323 | €28,582 | -€25,741 | -47.4% |
| Remuneration and social security | 454/9 | - | €1,399 | +€1,399 | |
| Other amounts payable | 47/48 | - | €146,985 | +€146,985 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,092 | €3,629 | -€1,463 | -28.7% |
| Other operating charges | 640/8 | €285 | €145 | -€140 | -49.1% |
| Gross operating margin | 9900 | €86,083 | €105,489 | +€19,406 | +22.5% |
| Operating profit (loss) | 9901 | €80,706 | €101,715 | +€21,009 | +26.0% |
| Financial income | 75/76B | €232 | €516 | +€284 | +122.2% |
| Recurring financial income | 75 | €232 | €516 | +€284 | +122.2% |
| Financial charges | 65/66B | €84 | €163 | +€79 | +94.3% |
| Recurring financial charges | 65 | €84 | €163 | +€79 | +94.3% |
| Profit (loss) for the period before taxes | 9903 | €80,854 | €102,068 | +€21,214 | +26.2% |
| Income taxes | 67/77 | €16,843 | €26,919 | +€10,076 | +59.8% |
| Profit (loss) for the period | 9904 | €64,011 | €75,149 | +€11,138 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,011 | €75,149 | +€11,138 | +17.4% |
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 7 October 2026 via checked.be.