G 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.
G AIR
Largest movements
- Tangible fixed assets -€1,654
down €1,654 (-42.2%), from €3,923 to €2,269
of which Furniture and vehicles: -€1,300
- Receivables within one year -€570
down €570 (-2.8%), from €20,348 to €19,777
- Profit (loss) carried forward -€2,614
down €2,614 (-10.9%), from -€23,966 to -€26,580
- Gross operating margin +€3,526
up €3,526 (+79.4%), from -€4,441 to -€916
- Purchases and services -€3,526
down €3,526 (-79.4%), from €4,441 to €916
- Depreciation -€415
down €415 (-20.1%), from €2,069 to €1,654
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 | €25,338 | €22,941 | -€2,397 | -9.5% |
| Fixed assets | 21/28 | €3,923 | €2,269 | -€1,654 | -42.2% |
| Tangible fixed assets | 22/27 | €3,923 | €2,269 | -€1,654 | -42.2% |
| Plant, machinery and equipment | 23 | €603 | €250 | -€353 | -58.6% |
| Furniture and vehicles | 24 | €3,320 | €2,019 | -€1,300 | -39.2% |
| Current assets | 29/58 | €21,415 | €20,671 | -€744 | -3.5% |
| Amounts receivable within one year | 40/41 | €20,348 | €19,777 | -€570 | -2.8% |
| Other amounts receivable | 41 | €20,348 | €19,777 | -€570 | -2.8% |
| Cash at bank and in hand | 54/58 | €1,067 | €894 | -€173 | -16.2% |
| Total equity and liabilities | 10/49 | €25,338 | €22,941 | -€2,397 | -9.5% |
| Equity | 10/15 | €25,034 | €22,420 | -€2,614 | -10.4% |
| Contributions | 10/11 | €47,500 | €47,500 | = | 0.0% |
| Capital | 10 | €47,500 | €47,500 | = | 0.0% |
| Issued capital | 100 | €47,500 | €47,500 | = | 0.0% |
| Reserves | 13 | €1,500 | €1,500 | = | 0.0% |
| Distributable reserves | 133 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,966 | -€26,580 | -€2,614 | -10.9% |
| Amounts payable | 17/49 | €304 | €521 | +€217 | +71.5% |
| Amounts payable within one year | 42/48 | €304 | €521 | +€217 | +71.5% |
| Trade debts | 44 | €304 | €521 | +€217 | +71.5% |
| Suppliers | 440/4 | €304 | €521 | +€217 | +71.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,441 | €916 | -€3,526 | -79.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,069 | €1,654 | -€415 | -20.1% |
| Gross operating margin | 9900 | -€4,441 | -€916 | +€3,526 | +79.4% |
| Operating profit (loss) | 9901 | -€6,510 | -€2,569 | +€3,941 | +60.5% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,555 | -€2,614 | +€3,941 | +60.1% |
| Profit (loss) for the period | 9904 | -€6,555 | -€2,614 | +€3,941 | +60.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,555 | -€2,614 | +€3,941 | +60.1% |
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 28 October 2026 via checked.be.