Critical Air: what changed
Critical Air
Largest movements
- Tangible fixed assets -€11,763
down €11,763 (-26.3%), from €44,692 to €32,929
- Cash -€4,055
down €4,055 (-31.1%), from €13,022 to €8,966
mainly Net result for the year (-€17,866) and Other debts (-€3,728)
- Receivables within one year -€1,229
down €1,229 (-15.3%), from €8,018 to €6,789
of which Trade receivables: -€5,668
- Profit (loss) carried forward -€17,866
down €17,866 (-39.3%), from €45,408 to €27,542
- Trade debts +€4,786
up €4,786 (+587%), from €816 to €5,601
- Other debts -€3,728
no longer reported in 2025 (was €3,728)
- Gross operating margin -€27,385
down €27,385, from €24,040 to -€3,346
- Depreciation -€8,799
down €8,799 (-46.9%), from €18,776 to €9,977
- Financial charges -€2,656
down €2,656 (-98.1%), from €2,707 to €51
- Other operating charges -€1,834
down €1,834 (-72.3%), from €2,538 to €703
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,732 | €48,684 | -€17,048 | -25.9% |
| Fixed assets | 21/28 | €44,692 | €32,929 | -€11,763 | -26.3% |
| Tangible fixed assets | 22/27 | €44,692 | €32,929 | -€11,763 | -26.3% |
| Land and buildings | 22 | €22,795 | €18,080 | -€4,715 | -20.7% |
| Plant, machinery and equipment | 23 | €15,955 | €12,986 | -€2,970 | -18.6% |
| Furniture and vehicles | 24 | €5,942 | €1,864 | -€4,078 | -68.6% |
| Current assets | 29/58 | €21,039 | €15,755 | -€5,285 | -25.1% |
| Amounts receivable within one year | 40/41 | €8,018 | €6,789 | -€1,229 | -15.3% |
| Trade receivables | 40 | €7,739 | €2,071 | -€5,668 | -73.2% |
| Other amounts receivable | 41 | €278 | €4,717 | +€4,439 | +1,596% |
| Cash at bank and in hand | 54/58 | €13,022 | €8,966 | -€4,055 | -31.1% |
| Total equity and liabilities | 10/49 | €65,732 | €48,684 | -€17,048 | -25.9% |
| Equity | 10/15 | €59,663 | €41,797 | -€17,866 | -29.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,408 | €27,542 | -€17,866 | -39.3% |
| Amounts payable | 17/49 | €6,069 | €6,887 | +€818 | +13.5% |
| Amounts payable within one year | 42/48 | €6,069 | €6,887 | +€818 | +13.5% |
| Trade debts | 44 | €816 | €5,601 | +€4,786 | +587% |
| Suppliers | 440/4 | €816 | €5,601 | +€4,786 | +587% |
| Taxes, remuneration and social security | 45 | €1,525 | €1,286 | -€239 | -15.7% |
| Taxes | 450/3 | €1,525 | €1,286 | -€239 | -15.7% |
| Other amounts payable | 47/48 | €3,728 | - | -€3,728 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,776 | €9,977 | -€8,799 | -46.9% |
| Other operating charges | 640/8 | €2,538 | €703 | -€1,834 | -72.3% |
| Non-recurring operating charges | 66A | €19,896 | €3,786 | -€16,110 | -81.0% |
| Gross operating margin | 9900 | €24,040 | -€3,346 | -€27,385 | |
| Operating profit (loss) | 9901 | -€17,171 | -€17,812 | -€642 | -3.7% |
| Financial income | 75/76B | €0 | €20 | +€20 | +49,825% |
| Recurring financial income | 75 | €0 | €20 | +€20 | +49,825% |
| Financial charges | 65/66B | €2,707 | €51 | -€2,656 | -98.1% |
| Recurring financial charges | 65 | €2,707 | €51 | -€2,656 | -98.1% |
| Profit (loss) for the period before taxes | 9903 | -€19,878 | -€17,843 | +€2,034 | +10.2% |
| Income taxes | 67/77 | €256 | €23 | -€233 | -91.0% |
| Profit (loss) for the period | 9904 | -€20,134 | -€17,866 | +€2,267 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,134 | -€17,866 | +€2,267 | +11.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.