AARAS DIAM: 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.
AARAS DIAM
Largest movements
- Receivables within one year -€760,453
down €760,453 (-4.9%), from €15.5m to €14.8m
of which Trade receivables: -€682,901
- Stocks and contracts -€633,299
no longer reported in 2025 (was €633,299)
- Cash +€408,850
up €408,850 (+102%), from €400,709 to €809,559
mainly Receivables within one year (+€760,453) and Stocks and contracts (+€633,299)
- Other debts -€1.1m
down €1.1m (-16.4%), from €6.5m to €5.4m
- Gross operating margin -€82,035
down €82,035, from €37,458 to -€44,576
- Other operating charges -€919
down €919 (-71.0%), from €1,294 to €375
- Financial charges -€847
down €847 (-11.3%), from €7,492 to €6,645
- Taxes -€460
down €460 (-11.4%), from €4,029 to €3,569
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 | €16,588,140 | €15,594,050 | -€994,089 | -6.0% |
| Fixed assets | 21/28 | €22,285 | €12,048 | -€10,237 | -45.9% |
| Tangible fixed assets | 22/27 | €22,285 | €12,048 | -€10,237 | -45.9% |
| Plant, machinery and equipment | 23 | €8,324 | €7,302 | -€1,022 | -12.3% |
| Furniture and vehicles | 24 | €13,961 | €4,746 | -€9,215 | -66.0% |
| Current assets | 29/58 | €16,565,855 | €15,582,003 | -€983,852 | -5.9% |
| Stocks and contracts in progress | 3 | €633,299 | - | -€633,299 | |
| Stocks | 30/36 | €633,299 | - | -€633,299 | |
| Amounts receivable within one year | 40/41 | €15,530,492 | €14,770,038 | -€760,453 | -4.9% |
| Trade receivables | 40 | €15,424,192 | €14,741,290 | -€682,901 | -4.4% |
| Other amounts receivable | 41 | €106,300 | €28,748 | -€77,552 | -73.0% |
| Cash at bank and in hand | 54/58 | €400,709 | €809,559 | +€408,850 | +102% |
| Deferred charges and accrued income | 490/1 | €1,356 | €2,406 | +€1,050 | +77.4% |
| Total equity and liabilities | 10/49 | €16,588,140 | €15,594,050 | -€994,089 | -6.0% |
| Equity | 10/15 | €136,943 | €71,918 | -€65,025 | -47.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €118,343 | €53,318 | -€65,025 | -54.9% |
| Distributable reserves | 133 | €118,343 | €53,318 | -€65,025 | -54.9% |
| Amounts payable | 17/49 | €16,451,196 | €15,522,132 | -€929,064 | -5.6% |
| Amounts payable within one year | 42/48 | €16,451,196 | €15,522,132 | -€929,064 | -5.6% |
| Trade debts | 44 | €9,933,138 | €10,076,930 | +€143,792 | +1.4% |
| Suppliers | 440/4 | €9,933,138 | €10,076,930 | +€143,792 | +1.4% |
| Taxes, remuneration and social security | 45 | €15,988 | €12,383 | -€3,605 | -22.5% |
| Taxes | 450/3 | €7,332 | €3,727 | -€3,605 | -49.2% |
| Remuneration and social security | 454/9 | €8,656 | €8,656 | = | 0.0% |
| Other amounts payable | 47/48 | €6,502,070 | €5,432,819 | -€1.1m | -16.4% |
| Non-recurring operating income | 76A | €792 | - | -€792 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,237 | €10,237 | = | 0.0% |
| Other operating charges | 640/8 | €1,294 | €375 | -€919 | -71.0% |
| Gross operating margin | 9900 | €37,458 | -€44,576 | -€82,035 | |
| Operating profit (loss) | 9901 | €25,928 | -€55,188 | -€81,116 | |
| Financial income | 75/76B | €385 | €377 | -€8 | -2.0% |
| Recurring financial income | 75 | €385 | €377 | -€8 | -2.0% |
| Financial charges | 65/66B | €7,492 | €6,645 | -€847 | -11.3% |
| Recurring financial charges | 65 | €7,492 | €6,645 | -€847 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €18,820 | -€61,456 | -€80,276 | |
| Income taxes | 67/77 | €4,029 | €3,569 | -€460 | -11.4% |
| Profit (loss) for the period | 9904 | €14,791 | -€65,025 | -€79,817 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,791 | -€65,025 | -€79,817 |
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 16 October 2026 via checked.be.