LAEROMAT: 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.
LAEROMAT
Largest movements
- Cash +€14,543
up €14,543 (+38.1%), from €38,165 to €52,707
mainly Net result for the year (+€20,418) and Trade debts (+€8,471)
- Tangible fixed assets +€6,093
up €6,093 (+139%), from €4,377 to €10,471
of which Furniture and vehicles: +€3,892
- Deferred charges and accrued income +€4,955
up €4,955 (+564%), from €879 to €5,833
- Receivables within one year -€2,110
down €2,110 (-69.8%), from €3,022 to €912
of which Other amounts receivable: -€1,797
- Profit (loss) carried forward +€19,762
no longer reported in 2025 (was -€19,762)
- Trade debts +€8,471
new in 2025: €8,471
- Other debts -€3,869
down €3,869 (-82.9%), from €4,665 to €796
- Gross operating margin +€4,578
up €4,578 (+17.5%), from €26,179 to €30,757
- Financial income -€1,426
down €1,426 (-43.4%), from €3,285 to €1,859
- Financial charges +€885
up €885 (+2,379%), from €37 to €922
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 | €178,350 | €203,370 | +€25,020 | +14.0% |
| Fixed assets | 21/28 | €4,377 | €10,471 | +€6,093 | +139% |
| Tangible fixed assets | 22/27 | €4,377 | €10,471 | +€6,093 | +139% |
| Land and buildings | 22 | - | €1,418 | +€1,418 | |
| Plant, machinery and equipment | 23 | €4,377 | €3,579 | -€799 | -18.2% |
| Furniture and vehicles | 24 | - | €3,892 | +€3,892 | |
| Other tangible fixed assets | 26 | - | €1,582 | +€1,582 | |
| Current assets | 29/58 | €173,973 | €192,899 | +€18,927 | +10.9% |
| Amounts receivable within one year | 40/41 | €3,022 | €912 | -€2,110 | -69.8% |
| Trade receivables | 40 | €314 | - | -€314 | |
| Other amounts receivable | 41 | €2,709 | €912 | -€1,797 | -66.3% |
| Current investments | 50/53 | €131,907 | €133,447 | +€1,540 | +1.2% |
| Cash at bank and in hand | 54/58 | €38,165 | €52,707 | +€14,543 | +38.1% |
| Deferred charges and accrued income | 490/1 | €879 | €5,833 | +€4,955 | +564% |
| Total equity and liabilities | 10/49 | €178,350 | €203,370 | +€25,020 | +14.0% |
| Equity | 10/15 | €173,684 | €194,102 | +€20,418 | +11.8% |
| Contributions | 10/11 | €180,550 | €180,550 | = | 0.0% |
| Reserves | 13 | €12,896 | €13,552 | +€656 | +5.1% |
| Distributable reserves | 133 | €12,896 | €13,552 | +€656 | +5.1% |
| Profit (loss) carried forward | 14 | -€19,762 | - | +€19,762 | |
| Amounts payable | 17/49 | €4,665 | €9,268 | +€4,602 | +98.6% |
| Amounts payable within one year | 42/48 | €4,665 | €9,268 | +€4,602 | +98.6% |
| Trade debts | 44 | - | €8,471 | +€8,471 | |
| Suppliers | 440/4 | - | €8,471 | +€8,471 | |
| Other amounts payable | 47/48 | €4,665 | €796 | -€3,869 | -82.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,756 | €2,720 | -€36 | -1.3% |
| Other operating charges | 640/8 | €8,576 | €8,556 | -€20 | -0.2% |
| Gross operating margin | 9900 | €26,179 | €30,757 | +€4,578 | +17.5% |
| Operating profit (loss) | 9901 | €14,847 | €19,481 | +€4,634 | +31.2% |
| Financial income | 75/76B | €3,285 | €1,859 | -€1,426 | -43.4% |
| Recurring financial income | 75 | €3,285 | €1,859 | -€1,426 | -43.4% |
| Financial charges | 65/66B | €37 | €922 | +€885 | +2,379% |
| Recurring financial charges | 65 | €37 | €922 | +€885 | +2,379% |
| Profit (loss) for the period before taxes | 9903 | €18,095 | €20,418 | +€2,323 | +12.8% |
| Profit (loss) for the period | 9904 | €18,095 | €20,418 | +€2,323 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,095 | €20,418 | +€2,323 | +12.8% |
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 20 October 2026 via checked.be.