BXL-AIR: 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.
BXL-AIR
Largest movements
- Cash -€5,902
down €5,902 (-56.9%), from €10,370 to €4,468
mainly Net result for the year (-€4,750) and Trade debts (-€1,203)
- Receivables within one year -€867
down €867 (-25.7%), from €3,377 to €2,511
of which Other amounts receivable: -€1,954
- Profit (loss) carried forward -€4,750
down €4,750 (-81.2%), from -€5,852 to -€10,602
- Trade debts -€1,203
down €1,203 (-25.9%), from €4,646 to €3,443
- Tax, wage and social debts -€815
down €815 (-56.4%), from €1,444 to €629
- Gross operating margin -€10,462
down €10,462, from €6,208 to -€4,254
- Other operating charges -€452
down €452 (-53.1%), from €851 to €400
- Financial charges -€80
down €80 (-45.3%), from €176 to €96
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 | €16,597 | €9,829 | -€6,768 | -40.8% |
| Fixed assets | 21/28 | €2,850 | €2,850 | = | 0.0% |
| Financial fixed assets | 28 | €2,850 | €2,850 | = | 0.0% |
| Current assets | 29/58 | €13,747 | €6,979 | -€6,768 | -49.2% |
| Amounts receivable within one year | 40/41 | €3,377 | €2,511 | -€867 | -25.7% |
| Trade receivables | 40 | €0 | €1,088 | +€1,088 | |
| Other amounts receivable | 41 | €3,377 | €1,423 | -€1,954 | -57.9% |
| Cash at bank and in hand | 54/58 | €10,370 | €4,468 | -€5,902 | -56.9% |
| Total equity and liabilities | 10/49 | €16,597 | €9,829 | -€6,768 | -40.8% |
| Equity | 10/15 | €348 | -€4,402 | -€4,750 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,852 | -€10,602 | -€4,750 | -81.2% |
| Amounts payable | 17/49 | €16,249 | €14,231 | -€2,018 | -12.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €16,249 | €14,231 | -€2,018 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €4,646 | €3,443 | -€1,203 | -25.9% |
| Suppliers | 440/4 | €4,646 | €3,443 | -€1,203 | -25.9% |
| Taxes, remuneration and social security | 45 | €1,444 | €629 | -€815 | -56.4% |
| Taxes | 450/3 | €1,444 | €629 | -€815 | -56.4% |
| Other amounts payable | 47/48 | €10,158 | €10,158 | = | 0.0% |
| Non-recurring operating income | 76A | €750 | €0 | -€750 | -100% |
| Other operating charges | 640/8 | €851 | €400 | -€452 | -53.1% |
| Gross operating margin | 9900 | €6,208 | -€4,254 | -€10,462 | |
| Operating profit (loss) | 9901 | €5,356 | -€4,654 | -€10,010 | |
| Financial income | 75/76B | €20 | €0 | -€20 | -99.7% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -99.7% |
| Financial charges | 65/66B | €176 | €96 | -€80 | -45.3% |
| Recurring financial charges | 65 | €176 | €96 | -€80 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €5,200 | -€4,750 | -€9,950 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €5,200 | -€4,750 | -€9,950 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,200 | -€4,750 | -€9,950 |
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 30 October 2026 via checked.be.