A'RAPETTI'TOITURES: 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.
A'RAPETTI'TOITURES
Largest movements
- Cash +€43,414
up €43,414 (+59.0%), from €73,603 to €117,017
mainly Net result for the year (+€64,751) and Depreciation (+€17,978)
- Receivables within one year +€31,690
up €31,690 (+149%), from €21,210 to €52,900
of which Trade receivables: +€24,249
- Tangible fixed assets -€11,994
down €11,994 (-17.6%), from €68,041 to €56,047
of which Furniture and vehicles: -€8,721
- Deferred charges and accrued income +€6,236
new in 2025: €6,236
- Reserves +€64,751
up €64,751 (+88.3%), from €73,326 to €138,077
- Trade debts +€13,487
up €13,487 (+123%), from €10,959 to €24,446
- Debts after one year -€11,313
down €11,313 (-27.7%), from €40,880 to €29,567
- Provisions +€7,109
new in 2025: €7,109
- Tax, wage and social debts -€4,409
down €4,409 (-17.8%), from €24,709 to €20,300
of which Remuneration and social security: -€3,610
- Gross operating margin +€83,693
up €83,693 (+90.4%), from €92,573 to €176,266
- Staff costs +€26,827
up €26,827 (+68.8%), from €38,966 to €65,793
- Taxes +€8,358
up €8,358 (+98.7%), from €8,471 to €16,829
- Depreciation +€7,151
up €7,151 (+66.0%), from €10,827 to €17,978
- Provisions +€7,109
new in 2025: €7,109
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 | €163,054 | €232,400 | +€69,346 | +42.5% |
| Fixed assets | 21/28 | €68,241 | €56,247 | -€11,994 | -17.6% |
| Tangible fixed assets | 22/27 | €68,041 | €56,047 | -€11,994 | -17.6% |
| Land and buildings | 22 | €3,296 | €2,606 | -€690 | -20.9% |
| Plant, machinery and equipment | 23 | €5,574 | €2,991 | -€2,583 | -46.3% |
| Furniture and vehicles | 24 | €59,171 | €50,450 | -€8,721 | -14.7% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €94,813 | €176,153 | +€81,340 | +85.8% |
| Amounts receivable within one year | 40/41 | €21,210 | €52,900 | +€31,690 | +149% |
| Trade receivables | 40 | €14,513 | €38,762 | +€24,249 | +167% |
| Other amounts receivable | 41 | €6,697 | €14,138 | +€7,441 | +111% |
| Cash at bank and in hand | 54/58 | €73,603 | €117,017 | +€43,414 | +59.0% |
| Deferred charges and accrued income | 490/1 | - | €6,236 | +€6,236 | |
| Total equity and liabilities | 10/49 | €163,054 | €232,400 | +€69,346 | +42.5% |
| Equity | 10/15 | €74,326 | €139,077 | +€64,751 | +87.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €73,326 | €138,077 | +€64,751 | +88.3% |
| Distributable reserves | 133 | €73,326 | €138,077 | +€64,751 | +88.3% |
| Provisions and deferred taxes | 16 | - | €7,109 | +€7,109 | |
| Provisions for liabilities and charges | 160/5 | - | €7,109 | +€7,109 | |
| Environmental obligations | 163 | - | €7,109 | +€7,109 | |
| Amounts payable | 17/49 | €88,728 | €86,214 | -€2,514 | -2.8% |
| Amounts payable after more than one year | 17 | €40,880 | €29,567 | -€11,313 | -27.7% |
| Financial debts | 170/4 | €40,880 | €29,567 | -€11,313 | -27.7% |
| Amounts payable within one year | 42/48 | €47,736 | €56,647 | +€8,911 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €10,808 | €11,313 | +€505 | +4.7% |
| Trade debts | 44 | €10,959 | €24,446 | +€13,487 | +123% |
| Suppliers | 440/4 | €10,959 | €24,446 | +€13,487 | +123% |
| Taxes, remuneration and social security | 45 | €24,709 | €20,300 | -€4,409 | -17.8% |
| Taxes | 450/3 | €21,099 | €20,300 | -€799 | -3.8% |
| Remuneration and social security | 454/9 | €3,610 | - | -€3,610 | |
| Other amounts payable | 47/48 | €1,260 | €588 | -€672 | -53.3% |
| Accrued charges and deferred income | 492/3 | €112 | - | -€112 | |
| Remuneration, social security and pensions | 62 | €38,966 | €65,793 | +€26,827 | +68.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,827 | €17,978 | +€7,151 | +66.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €7,109 | +€7,109 | |
| Other operating charges | 640/8 | €1,286 | €1,398 | +€112 | +8.7% |
| Gross operating margin | 9900 | €92,573 | €176,266 | +€83,693 | +90.4% |
| Operating profit (loss) | 9901 | €41,494 | €83,988 | +€42,494 | +102% |
| Financial income | 75/76B | €409 | €1 | -€408 | -99.8% |
| Recurring financial income | 75 | €409 | €1 | -€408 | -99.8% |
| Financial charges | 65/66B | €1,671 | €2,409 | +€738 | +44.2% |
| Recurring financial charges | 65 | €1,671 | €2,409 | +€738 | +44.2% |
| Profit (loss) for the period before taxes | 9903 | €40,232 | €81,580 | +€41,348 | +103% |
| Income taxes | 67/77 | €8,471 | €16,829 | +€8,358 | +98.7% |
| Profit (loss) for the period | 9904 | €31,761 | €64,751 | +€32,990 | +104% |
| Profit (loss) for the period to be appropriated | 9905 | €31,761 | €64,751 | +€32,990 | +104% |
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 19 October 2026 via checked.be.