Cargo Air Solutions: 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.
Cargo Air Solutions
Largest movements
- Cash -€23,158
down €23,158 (-12.9%), from €179,928 to €156,770
mainly Net result for the year (-€25,593)
- Profit (loss) carried forward -€25,593
down €25,593 (-18.2%), from -€140,952 to -€166,545
- Gross operating margin -€21,751
down €21,751 (-606%), from -€3,590 to -€25,341
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 | €534,928 | €511,770 | -€23,158 | -4.3% |
| Fixed assets | 21/28 | €350,000 | €350,000 | = | 0.0% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €184,928 | €161,770 | -€23,158 | -12.5% |
| Amounts receivable within one year | 40/41 | €5,000 | €5,000 | = | 0.0% |
| Other amounts receivable | 41 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €179,928 | €156,770 | -€23,158 | -12.9% |
| Total equity and liabilities | 10/49 | €534,928 | €511,770 | -€23,158 | -4.3% |
| Equity | 10/15 | -€135,952 | -€161,545 | -€25,593 | -18.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,952 | -€166,545 | -€25,593 | -18.2% |
| Amounts payable | 17/49 | €670,880 | €673,315 | +€2,435 | +0.4% |
| Amounts payable after more than one year | 17 | €529,306 | €529,306 | = | 0.0% |
| Financial debts | 170/4 | €529,306 | €529,306 | = | 0.0% |
| Amounts payable within one year | 42/48 | €141,574 | €144,009 | +€2,435 | +1.7% |
| Trade debts | 44 | €605 | €3,040 | +€2,435 | +402% |
| Suppliers | 440/4 | €605 | €3,040 | +€2,435 | +402% |
| Advances received on contracts in progress | 46 | €140,204 | €140,204 | = | 0.0% |
| Other amounts payable | 47/48 | €765 | €765 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€3,590 | -€25,341 | -€21,751 | -606% |
| Operating profit (loss) | 9901 | -€3,708 | -€25,461 | -€21,753 | -587% |
| Financial income | 75/76B | - | €190 | +€190 | |
| Recurring financial income | 75 | - | €190 | +€190 | |
| Financial charges | 65/66B | €181 | €266 | +€85 | +47.2% |
| Recurring financial charges | 65 | €181 | €266 | +€85 | +47.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,888 | -€25,536 | -€21,648 | -557% |
| Income taxes | 67/77 | - | €57 | +€57 | |
| Profit (loss) for the period | 9904 | -€3,888 | -€25,593 | -€21,705 | -558% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,888 | -€25,593 | -€21,705 | -558% |
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 27 October 2026 via checked.be.