Ed's Aviation: 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.
Ed's Aviation
Largest movements
- Receivables within one year +€7,578
up €7,578 (+46.2%), from €16,402 to €23,980
of which Other amounts receivable: +€13,492
- Tangible fixed assets -€450
down €450 (-20.8%), from €2,161 to €1,710
- Profit (loss) carried forward +€7,021
up €7,021 (+69.0%), from €10,173 to €17,194
- Trade debts +€2,048
up €2,048 (+2,017%), from €102 to €2,150
- Tax, wage and social debts -€1,945
down €1,945 (-24.4%), from €7,981 to €6,036
of which Taxes: -€1,993
- Gross operating margin -€13,655
down €13,655 (-50.5%), from €27,035 to €13,380
- Taxes -€1,788
down €1,788 (-38.2%), from €4,680 to €2,892
- Financial charges +€1,440
up €1,440 (+122%), from €1,176 to €2,617
- Depreciation +€359
up €359 (+395%), from €91 to €450
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 | €20,255 | €27,380 | +€7,125 | +35.2% |
| Fixed assets | 21/28 | €2,161 | €1,710 | -€450 | -20.8% |
| Tangible fixed assets | 22/27 | €2,161 | €1,710 | -€450 | -20.8% |
| Furniture and vehicles | 24 | €2,161 | €1,710 | -€450 | -20.8% |
| Current assets | 29/58 | €18,095 | €25,670 | +€7,575 | +41.9% |
| Amounts receivable within one year | 40/41 | €16,402 | €23,980 | +€7,578 | +46.2% |
| Trade receivables | 40 | €5,914 | - | -€5,914 | |
| Other amounts receivable | 41 | €10,488 | €23,980 | +€13,492 | +129% |
| Cash at bank and in hand | 54/58 | €1,693 | €1,690 | -€2 | -0.1% |
| Total equity and liabilities | 10/49 | €20,255 | €27,380 | +€7,125 | +35.2% |
| Equity | 10/15 | €12,173 | €19,194 | +€7,021 | +57.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,173 | €17,194 | +€7,021 | +69.0% |
| Amounts payable | 17/49 | €8,082 | €8,186 | +€104 | +1.3% |
| Amounts payable within one year | 42/48 | €8,082 | €8,186 | +€104 | +1.3% |
| Trade debts | 44 | €102 | €2,150 | +€2,048 | +2,017% |
| Suppliers | 440/4 | €102 | €2,150 | +€2,048 | +2,017% |
| Taxes, remuneration and social security | 45 | €7,981 | €6,036 | -€1,945 | -24.4% |
| Taxes | 450/3 | €7,389 | €5,396 | -€1,993 | -27.0% |
| Remuneration and social security | 454/9 | €592 | €640 | +€48 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91 | €450 | +€359 | +395% |
| Other operating charges | 640/8 | €407 | €400 | -€8 | -1.9% |
| Gross operating margin | 9900 | €27,035 | €13,380 | -€13,655 | -50.5% |
| Operating profit (loss) | 9901 | €26,537 | €12,530 | -€14,007 | -52.8% |
| Financial income | 75/76B | €50 | - | -€50 | |
| Recurring financial income | 75 | €50 | - | -€50 | |
| Financial charges | 65/66B | €1,176 | €2,617 | +€1,440 | +122% |
| Recurring financial charges | 65 | €1,176 | €2,617 | +€1,440 | +122% |
| Profit (loss) for the period before taxes | 9903 | €25,411 | €9,913 | -€15,498 | -61.0% |
| Income taxes | 67/77 | €4,680 | €2,892 | -€1,788 | -38.2% |
| Profit (loss) for the period | 9904 | €20,731 | €7,021 | -€13,710 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,731 | €7,021 | -€13,710 | -66.1% |
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 23 October 2026 via checked.be.