GLOBAL AIM: 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.
GLOBAL AIM
Largest movements
- Cash -€63,351
down €63,351 (-67.5%), from €93,866 to €30,515
mainly Trade debts (-€41,596) and Receivables within one year (-€39,491)
- Receivables within one year +€39,491
up €39,491 (+39.2%), from €100,775 to €140,266
of which Trade receivables: +€24,908
- Profit (loss) carried forward +€68,601
up €68,601 (+30.0%), from -€228,873 to -€160,272
- Trade debts -€41,596
down €41,596 (-25.7%), from €162,046 to €120,450
- Debts after one year -€16,000
down €16,000 (-92.3%), from €17,333 to €1,334
- Current portion of long-term debt -€12,975
down €12,975 (-44.8%), from €28,975 to €16,000
- Other debts -€12,312
down €12,312 (-93.8%), from €13,127 to €816
- Financial income +€46,980
up €46,980 (+65669.0%), from €72 to €47,051
of which Non-recurring financial income: +€47,051
- Gross operating margin +€14,707
up €14,707 (+68.5%), from €21,476 to €36,183
- Financial charges -€3,348
down €3,348 (-57.1%), from €5,860 to €2,512
- Other operating charges -€2,639
down €2,639 (-17.9%), from €14,760 to €12,121
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.
Cash bridge derived
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 | €194,732 | €170,781 | -€23,951 | -12.3% |
| Current assets | 29/58 | €194,732 | €170,781 | -€23,951 | -12.3% |
| Amounts receivable within one year | 40/41 | €100,775 | €140,266 | +€39,491 | +39.2% |
| Trade receivables | 40 | €100,430 | €125,338 | +€24,908 | +24.8% |
| Other amounts receivable | 41 | €345 | €14,928 | +€14,583 | +4226.8% |
| Cash at bank and in hand | 54/58 | €93,866 | €30,515 | -€63,351 | -67.5% |
| Deferred charges and accrued income | 490/1 | €92 | - | -€92 | |
| Total equity and liabilities | 10/49 | €194,732 | €170,781 | -€23,951 | -12.3% |
| Equity | 10/15 | -€44,873 | €23,728 | +€68,601 | |
| Contributions | 10/11 | €184,000 | €184,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€228,873 | -€160,272 | +€68,601 | +30.0% |
| Amounts payable | 17/49 | €239,605 | €147,052 | -€92,552 | -38.6% |
| Amounts payable after more than one year | 17 | €17,333 | €1,334 | -€16,000 | -92.3% |
| Financial debts | 170/4 | €17,333 | €1,334 | -€16,000 | -92.3% |
| Amounts payable within one year | 42/48 | €222,271 | €145,719 | -€76,552 | -34.4% |
| Current portion of amounts payable after more than one year | 42 | €28,975 | €16,000 | -€12,975 | -44.8% |
| Financial debts | 43 | - | €1,180 | +€1,180 | |
| Credit institutions | 430/8 | - | €1,180 | +€1,180 | |
| Trade debts | 44 | €162,046 | €120,450 | -€41,596 | -25.7% |
| Suppliers | 440/4 | €162,046 | €120,450 | -€41,596 | -25.7% |
| Advances received on contracts in progress | 46 | €5,398 | - | -€5,398 | |
| Taxes, remuneration and social security | 45 | €12,726 | €7,274 | -€5,451 | -42.8% |
| Taxes | 450/3 | €12,726 | €7,274 | -€5,451 | -42.8% |
| Other amounts payable | 47/48 | €13,127 | €816 | -€12,312 | -93.8% |
| Other operating charges | 640/8 | €14,760 | €12,121 | -€2,639 | -17.9% |
| Gross operating margin | 9900 | €21,476 | €36,183 | +€14,707 | +68.5% |
| Operating profit (loss) | 9901 | €6,716 | €24,062 | +€17,345 | +258.3% |
| Financial income | 75/76B | €72 | €47,051 | +€46,980 | +65669.0% |
| Recurring financial income | 75 | €72 | €47,051 | +€46,980 | +65669.0% |
| Non-recurring financial income | 76B | - | €47,051 | +€47,051 | |
| Financial charges | 65/66B | €5,860 | €2,512 | -€3,348 | -57.1% |
| Recurring financial charges | 65 | €5,860 | €2,512 | -€3,348 | -57.1% |
| Profit (loss) for the period before taxes | 9903 | €928 | €68,601 | +€67,673 | +7291.1% |
| Profit (loss) for the period | 9904 | €928 | €68,601 | +€67,673 | +7291.1% |
| Profit (loss) for the period to be appropriated | 9905 | €928 | €68,601 | +€67,673 | +7291.1% |
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 11 October 2026 via checked.be.