AE CONCEPT: 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.
AE CONCEPT
Largest movements
- Cash -€110,133
down €110,133 (-37.0%), from €297,591 to €187,458
mainly Trade debts (-€129,845) and Debts after one year (-€10,073)
- Tangible fixed assets -€23,481
down €23,481 (-53.9%), from €43,561 to €20,080
of which Furniture and vehicles: -€24,900
- Trade debts -€129,845
down €129,845 (-66.3%), from €195,712 to €65,867
- Profit (loss) carried forward +€17,993
up €17,993 (+6.2%), from €289,781 to €307,774
- Debts after one year -€10,073
down €10,073 (-74.5%), from €13,521 to €3,448
- Other debts -€7,808
no longer reported in 2025 (was €7,808)
- Turnover -€1.1m
no longer reported in 2025 (was €1.1m)
- Purchases and services +€179,727
up €179,727 (+20.7%), from €866,760 to €1.0m
- Staff costs +€136,496
up €136,496 (+169%), from €80,655 to €217,151
- Gross operating margin +€107,513
up €107,513 (+44.3%), from €242,422 to €349,935
- Other operating charges +€14,077
up €14,077 (+25.7%), from €54,751 to €68,829
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 | €580,051 | €448,269 | -€131,782 | -22.7% |
| Fixed assets | 21/28 | €43,561 | €20,080 | -€23,481 | -53.9% |
| Tangible fixed assets | 22/27 | €43,561 | €20,080 | -€23,481 | -53.9% |
| Plant, machinery and equipment | 23 | €4,815 | €6,715 | +€1,900 | +39.5% |
| Furniture and vehicles | 24 | €35,742 | €10,842 | -€24,900 | -69.7% |
| Other tangible fixed assets | 26 | €3,005 | €2,523 | -€481 | -16.0% |
| Current assets | 29/58 | €536,489 | €428,188 | -€108,301 | -20.2% |
| Stocks and contracts in progress | 3 | €15,000 | €19,014 | +€4,014 | +26.8% |
| Stocks | 30/36 | €15,000 | €19,014 | +€4,014 | +26.8% |
| Amounts receivable within one year | 40/41 | €223,899 | €221,717 | -€2,182 | -1.0% |
| Trade receivables | 40 | €185,608 | €65,443 | -€120,165 | -64.7% |
| Other amounts receivable | 41 | €38,291 | €156,274 | +€117,983 | +308% |
| Cash at bank and in hand | 54/58 | €297,591 | €187,458 | -€110,133 | -37.0% |
| Total equity and liabilities | 10/49 | €580,051 | €448,269 | -€131,782 | -22.7% |
| Equity | 10/15 | €309,781 | €327,774 | +€17,993 | +5.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €289,781 | €307,774 | +€17,993 | +6.2% |
| Amounts payable | 17/49 | €270,270 | €120,495 | -€149,775 | -55.4% |
| Amounts payable after more than one year | 17 | €13,521 | €3,448 | -€10,073 | -74.5% |
| Financial debts | 170/4 | €13,521 | €3,448 | -€10,073 | -74.5% |
| Amounts payable within one year | 42/48 | €256,749 | €117,047 | -€139,702 | -54.4% |
| Current portion of amounts payable after more than one year | 42 | €14,254 | €13,454 | -€800 | -5.6% |
| Trade debts | 44 | €195,712 | €65,867 | -€129,845 | -66.3% |
| Suppliers | 440/4 | €195,712 | €65,867 | -€129,845 | -66.3% |
| Taxes, remuneration and social security | 45 | €38,975 | €37,725 | -€1,250 | -3.2% |
| Remuneration and social security | 454/9 | €38,975 | €37,725 | -€1,250 | -3.2% |
| Other amounts payable | 47/48 | €7,808 | - | -€7,808 | |
| Turnover | 70 | €1,108,747 | - | -€1.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | €866,760 | €1,046,487 | +€179,727 | +20.7% |
| Remuneration, social security and pensions | 62 | €80,655 | €217,151 | +€136,496 | +169% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,898 | €28,313 | -€4,585 | -13.9% |
| Other operating charges | 640/8 | €54,751 | €68,829 | +€14,077 | +25.7% |
| Gross operating margin | 9900 | €242,422 | €349,935 | +€107,513 | +44.3% |
| Operating profit (loss) | 9901 | €74,118 | €35,642 | -€38,475 | -51.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +27.3% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +27.3% |
| Financial charges | 65/66B | €8,253 | €12,226 | +€3,973 | +48.1% |
| Recurring financial charges | 65 | €8,253 | €12,226 | +€3,973 | +48.1% |
| Profit (loss) for the period before taxes | 9903 | €65,865 | €23,417 | -€42,448 | -64.4% |
| Income taxes | 67/77 | €17,775 | €5,424 | -€12,351 | -69.5% |
| Profit (loss) for the period | 9904 | €48,090 | €17,993 | -€30,097 | -62.6% |
| Profit (loss) for the period to be appropriated | 9905 | €48,090 | €17,993 | -€30,097 | -62.6% |
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.