AYTECH: 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.
AYTECH
Largest movements
- Receivables within one year +€48,690
up €48,690 (+55.4%), from €87,822 to €136,512
of which Trade receivables: +€48,132
- Receivables after one year +€46,000
new in 2025: €46,000
- Cash +€8,308
up €8,308 (+13.5%), from €61,579 to €69,887
mainly Net result for the year (+€109,168) and Tax, wage and social debts (+€19,881)
- Tangible fixed assets +€5,855
up €5,855 (+22.5%), from €26,019 to €31,875
of which Other tangible fixed assets: +€4,155
- Stocks and contracts +€3,308
up €3,308 (+38.3%), from €8,632 to €11,940
- Reserves +€169,744
up €169,744 (+254.7%), from €66,637 to €236,381
- Profit (loss) carried forward -€60,576
no longer reported in 2025 (was €60,576)
- Tax, wage and social debts +€19,881
up €19,881 (+75.7%), from €26,247 to €46,128
of which Taxes: +€11,153
- Trade debts -€16,888
down €16,888 (-66.0%), from €25,594 to €8,705
- Gross operating margin +€83,963
up €83,963 (+44.7%), from €187,979 to €271,942
- Staff costs +€38,909
up €38,909 (+51.6%), from €75,466 to €114,375
- Taxes +€11,153
up €11,153 (+48.7%), from €22,905 to €34,058
- Financial charges +€3,226
up €3,226 (+402.0%), from €803 to €4,029
of which Non-recurring financial charges: +€2,535
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 | €184,053 | €296,214 | +€112,161 | +60.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €26,019 | €31,875 | +€5,855 | +22.5% |
| Tangible fixed assets | 22/27 | €26,019 | €31,875 | +€5,855 | +22.5% |
| Plant, machinery and equipment | 23 | - | €3,338 | +€3,338 | |
| Furniture and vehicles | 24 | €26,019 | €24,382 | -€1,637 | -6.3% |
| Other tangible fixed assets | 26 | - | €4,155 | +€4,155 | |
| Current assets | 29/58 | €158,033 | €264,339 | +€106,306 | +67.3% |
| Amounts receivable after more than one year | 29 | - | €46,000 | +€46,000 | |
| Other amounts receivable | 291 | - | €46,000 | +€46,000 | |
| Stocks and contracts in progress | 3 | €8,632 | €11,940 | +€3,308 | +38.3% |
| Stocks | 30/36 | €8,632 | €11,940 | +€3,308 | +38.3% |
| Amounts receivable within one year | 40/41 | €87,822 | €136,512 | +€48,690 | +55.4% |
| Trade receivables | 40 | €87,822 | €135,955 | +€48,132 | +54.8% |
| Other amounts receivable | 41 | - | €557 | +€557 | |
| Cash at bank and in hand | 54/58 | €61,579 | €69,887 | +€8,308 | +13.5% |
| Total equity and liabilities | 10/49 | €184,053 | €296,214 | +€112,161 | +60.9% |
| Equity | 10/15 | €132,213 | €241,381 | +€109,168 | +82.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €66,637 | €236,381 | +€169,744 | +254.7% |
| Distributable reserves | 133 | €66,637 | €236,381 | +€169,744 | +254.7% |
| Profit (loss) carried forward | 14 | €60,576 | - | -€60,576 | |
| Amounts payable | 17/49 | €51,840 | €54,833 | +€2,993 | +5.8% |
| Amounts payable within one year | 42/48 | €51,840 | €54,833 | +€2,993 | +5.8% |
| Trade debts | 44 | €25,594 | €8,705 | -€16,888 | -66.0% |
| Suppliers | 440/4 | €25,594 | €8,705 | -€16,888 | -66.0% |
| Taxes, remuneration and social security | 45 | €26,247 | €46,128 | +€19,881 | +75.7% |
| Taxes | 450/3 | €26,247 | €37,399 | +€11,153 | +42.5% |
| Remuneration and social security | 454/9 | €0 | €8,728 | +€8,728 | |
| Remuneration, social security and pensions | 62 | €75,466 | €114,375 | +€38,909 | +51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,701 | €8,820 | +€1,119 | +14.5% |
| Other operating charges | 640/8 | €2,493 | €1,670 | -€823 | -33.0% |
| Non-recurring operating charges | 66A | €2,535 | - | -€2,535 | |
| Gross operating margin | 9900 | €187,979 | €271,942 | +€83,963 | +44.7% |
| Operating profit (loss) | 9901 | €99,784 | €147,077 | +€47,293 | +47.4% |
| Financial income | 75/76B | - | €178 | +€178 | |
| Recurring financial income | 75 | - | €178 | +€178 | |
| Financial charges | 65/66B | €803 | €4,029 | +€3,226 | +402.0% |
| Recurring financial charges | 65 | €803 | €1,494 | +€691 | +86.1% |
| Non-recurring financial charges | 66B | - | €2,535 | +€2,535 | |
| Profit (loss) for the period before taxes | 9903 | €98,981 | €143,226 | +€44,245 | +44.7% |
| Income taxes | 67/77 | €22,905 | €34,058 | +€11,153 | +48.7% |
| Profit (loss) for the period | 9904 | €76,076 | €109,168 | +€33,092 | +43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €76,076 | €109,168 | +€33,092 | +43.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.