L'AUBIER: 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.
L'AUBIER
Largest movements
- Cash -€90,312
down €90,312 (-91.4%), from €98,782 to €8,469
mainly Trade debts (-€440,155) and Receivables within one year (-€76,832)
- Receivables within one year +€76,832
up €76,832 (+22.1%), from €346,974 to €423,806
of which Other amounts receivable: +€87,611
- Stocks and contracts +€33,734
up €33,734 (+87.3%), from €38,640 to €72,374
of which Contracts in progress: +€24,128
- Trade debts -€440,155
down €440,155 (-89.9%), from €489,685 to €49,530
- Debts after one year +€311,748
up €311,748 (+905%), from €34,432 to €346,181
- Advances received +€119,780
up €119,780 (+31.9%), from €375,705 to €495,485
- Tax, wage and social debts -€18,143
down €18,143 (-35.1%), from €51,656 to €33,513
of which Remuneration and social security: -€10,518
- Short-term financial debts +€15,000
up €15,000, from €0 to €15,000
- Depreciation -€61,883
down €61,883 (-68.1%), from €90,923 to €29,040
- Staff costs +€31,613
up €31,613 (+9.3%), from €338,772 to €370,384
- Financial charges +€15,984
up €15,984 (+354%), from €4,511 to €20,495
- Gross operating margin -€15,938
down €15,938 (-3.6%), from €445,743 to €429,805
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 | €1,065,902 | €1,070,392 | +€4,490 | +0.4% |
| Fixed assets | 21/28 | €577,953 | €561,887 | -€16,066 | -2.8% |
| Intangible fixed assets | 21 | €12,328 | €6,862 | -€5,466 | -44.3% |
| Tangible fixed assets | 22/27 | €564,184 | €553,584 | -€10,600 | -1.9% |
| Land and buildings | 22 | €556,523 | €550,141 | -€6,381 | -1.1% |
| Plant, machinery and equipment | 23 | €4,389 | €2,567 | -€1,823 | -41.5% |
| Furniture and vehicles | 24 | €3,272 | €876 | -€2,396 | -73.2% |
| Financial fixed assets | 28 | €1,442 | €1,442 | = | 0.0% |
| Current assets | 29/58 | €487,949 | €508,505 | +€20,555 | +4.2% |
| Stocks and contracts in progress | 3 | €38,640 | €72,374 | +€33,734 | +87.3% |
| Stocks | 30/36 | €33,290 | €42,895 | +€9,606 | +28.9% |
| Contracts in progress | 37 | €5,350 | €29,478 | +€24,128 | +451% |
| Amounts receivable within one year | 40/41 | €346,974 | €423,806 | +€76,832 | +22.1% |
| Trade receivables | 40 | €42,750 | €31,971 | -€10,778 | -25.2% |
| Other amounts receivable | 41 | €304,224 | €391,835 | +€87,611 | +28.8% |
| Cash at bank and in hand | 54/58 | €98,782 | €8,469 | -€90,312 | -91.4% |
| Deferred charges and accrued income | 490/1 | €3,554 | €3,856 | +€301 | +8.5% |
| Total equity and liabilities | 10/49 | €1,065,902 | €1,070,392 | +€4,490 | +0.4% |
| Equity | 10/15 | €96,085 | €97,189 | +€1,105 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,889 | €31,889 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,029 | €30,029 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,596 | €46,701 | +€1,105 | +2.4% |
| Amounts payable | 17/49 | €969,817 | €973,202 | +€3,385 | +0.3% |
| Amounts payable after more than one year | 17 | €34,432 | €346,181 | +€311,748 | +905% |
| Financial debts | 170/4 | €34,432 | €346,181 | +€311,748 | +905% |
| Amounts payable within one year | 42/48 | €935,385 | €625,707 | -€309,678 | -33.1% |
| Current portion of amounts payable after more than one year | 42 | €18,339 | €32,180 | +€13,840 | +75.5% |
| Financial debts | 43 | €0 | €15,000 | +€15,000 | |
| Credit institutions | 430/8 | €0 | €15,000 | +€15,000 | |
| Trade debts | 44 | €489,685 | €49,530 | -€440,155 | -89.9% |
| Suppliers | 440/4 | €489,685 | €49,530 | -€440,155 | -89.9% |
| Advances received on contracts in progress | 46 | €375,705 | €495,485 | +€119,780 | +31.9% |
| Taxes, remuneration and social security | 45 | €51,656 | €33,513 | -€18,143 | -35.1% |
| Taxes | 450/3 | €15,262 | €7,637 | -€7,625 | -50.0% |
| Remuneration and social security | 454/9 | €36,394 | €25,877 | -€10,518 | -28.9% |
| Accrued charges and deferred income | 492/3 | - | €1,314 | +€1,314 | |
| Remuneration, social security and pensions | 62 | €338,772 | €370,384 | +€31,613 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,923 | €29,040 | -€61,883 | -68.1% |
| Other operating charges | 640/8 | €7,640 | €7,163 | -€477 | -6.2% |
| Gross operating margin | 9900 | €445,743 | €429,805 | -€15,938 | -3.6% |
| Operating profit (loss) | 9901 | €8,409 | €23,218 | +€14,809 | +176% |
| Financial income | 75/76B | €2,461 | €1,425 | -€1,036 | -42.1% |
| Recurring financial income | 75 | €2,461 | €1,425 | -€1,036 | -42.1% |
| Financial charges | 65/66B | €4,511 | €20,495 | +€15,984 | +354% |
| Recurring financial charges | 65 | €4,511 | €20,495 | +€15,984 | +354% |
| Profit (loss) for the period before taxes | 9903 | €6,359 | €4,148 | -€2,211 | -34.8% |
| Income taxes | 67/77 | €4,463 | €3,043 | -€1,420 | -31.8% |
| Profit (loss) for the period | 9904 | €1,895 | €1,105 | -€791 | -41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,895 | €1,105 | -€791 | -41.7% |
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 25 October 2026 via checked.be.