AARAU: 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.
AARAU
Largest movements
- Financial fixed assets -€5.2m
no longer reported in 2024 (was €5.2m)
- Profit (loss) carried forward -€4.1m
down €4.1m, from €2.1m to -€2.0m
- Other debts -€1.2m
down €1.2m (-36.9%), from €3.2m to €2.0m
- Financial income -€2.0m
no longer reported in 2024 (was €2.0m)
of which Financial income: -€2.0m
- Financial charges -€30,155
down €30,155 (-99.1%), from €30,415 to €260
- Gross operating margin -€851
down €851 (-65.1%), from -€1,308 to -€2,159
- Other operating charges +€511
up €511 (+53.2%), from €960 to €1,471
From the 2021 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,242,917 | €5 | -€5.2m | -100.0% |
| Fixed assets | 21/28 | €5,242,917 | - | -€5.2m | |
| Financial fixed assets | 28 | €5,242,917 | - | -€5.2m | |
| Current assets | 29/58 | €1 | €5 | +€4 | +793% |
| Cash at bank and in hand | 54/58 | €1 | €5 | +€4 | +793% |
| Total equity and liabilities | 10/49 | €5,242,917 | €5 | -€5.2m | -100.0% |
| Equity | 10/15 | €2,082,274 | -€1,992,947 | -€4.1m | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | - | €1,859 | +€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Profit (loss) carried forward | 14 | €2,061,815 | -€2,013,406 | -€4.1m | |
| Amounts payable | 17/49 | €3,160,644 | €1,992,952 | -€1.2m | -36.9% |
| Amounts payable within one year | 42/48 | €3,152,508 | €1,989,699 | -€1.2m | -36.9% |
| Financial debts | 43 | €25 | - | -€25 | |
| Credit institutions | 430/8 | €25 | - | -€25 | |
| Other amounts payable | 47/48 | €3,152,482 | €1,989,699 | -€1.2m | -36.9% |
| Accrued charges and deferred income | 492/3 | €8,136 | €3,253 | -€4,883 | -60.0% |
| Other operating charges | 640/8 | €960 | €1,471 | +€511 | +53.2% |
| Gross operating margin | 9900 | -€1,308 | -€2,159 | -€851 | -65.1% |
| Operating profit (loss) | 9901 | -€2,268 | -€3,630 | -€1,362 | -60.1% |
| Financial income | 75/76B | €2,000,000 | - | -€2.0m | |
| Recurring financial income | 75 | €2,000,000 | - | -€2.0m | |
| Non-recurring financial income | 76B | €2,000,000 | - | -€2.0m | |
| Financial charges | 65/66B | €30,415 | €260 | -€30,155 | -99.1% |
| Recurring financial charges | 65 | €30,415 | €260 | -€30,155 | -99.1% |
| Profit (loss) for the period before taxes | 9903 | €1,967,317 | -€3,890 | -€2.0m | |
| Profit (loss) for the period | 9904 | €1,967,317 | -€3,890 | -€2.0m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,967,317 | -€3,890 | -€2.0m |
Source: filed annual accounts (NBB), financial years ended 30 November 2021 and 30 November 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.