AARBOMEX: 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.
AARBOMEX
Largest movements
- Receivables within one year +€35,108
up €35,108 (+25.7%), from €136,381 to €171,489
of which Other amounts receivable: +€30,490
- Stocks and contracts +€8,365
up €8,365 (+2.7%), from €313,170 to €321,535
- Reserves +€32,945
up €32,945 (+7.1%), from €462,038 to €494,983
- Trade debts +€27,465
up €27,465 (+255%), from €10,754 to €38,220
- Tax, wage and social debts -€18,921
down €18,921 (-64.8%), from €29,201 to €10,280
of which Taxes: -€28,870
- Debts after one year +€9,925
up €9,925 (+321%), from €3,096 to €13,021
- Gross operating margin -€58,659
down €58,659 (-19.2%), from €305,662 to €247,003
- Taxes -€30,767
down €30,767 (-51.8%), from €59,351 to €28,583
- Staff costs +€23,093
up €23,093 (+18.6%), from €124,490 to €147,583
- Financial charges -€5,282
down €5,282 (-33.4%), from €15,808 to €10,525
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 | €564,925 | €610,441 | +€45,515 | +8.1% |
| Fixed assets | 21/28 | €93,060 | €91,294 | -€1,766 | -1.9% |
| Tangible fixed assets | 22/27 | €93,060 | €91,294 | -€1,766 | -1.9% |
| Land and buildings | 22 | €6,433 | €5,526 | -€906 | -14.1% |
| Plant, machinery and equipment | 23 | €43,650 | €54,680 | +€11,030 | +25.3% |
| Furniture and vehicles | 24 | €42,978 | €31,089 | -€11,889 | -27.7% |
| Current assets | 29/58 | €471,865 | €519,146 | +€47,281 | +10.0% |
| Stocks and contracts in progress | 3 | €313,170 | €321,535 | +€8,365 | +2.7% |
| Stocks | 30/36 | €313,170 | €321,535 | +€8,365 | +2.7% |
| Amounts receivable within one year | 40/41 | €136,381 | €171,489 | +€35,108 | +25.7% |
| Trade receivables | 40 | €115,471 | €120,090 | +€4,618 | +4.0% |
| Other amounts receivable | 41 | €20,910 | €51,399 | +€30,490 | +146% |
| Current investments | 50/53 | €10 | €10 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,684 | €17,409 | +€3,725 | +27.2% |
| Deferred charges and accrued income | 490/1 | €8,621 | €8,703 | +€83 | +1.0% |
| Total equity and liabilities | 10/49 | €564,925 | €610,441 | +€45,515 | +8.1% |
| Equity | 10/15 | €480,630 | €513,575 | +€32,945 | +6.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €462,038 | €494,983 | +€32,945 | +7.1% |
| Distributable reserves | 133 | €462,038 | €494,983 | +€32,945 | +7.1% |
| Amounts payable | 17/49 | €84,296 | €96,866 | +€12,570 | +14.9% |
| Amounts payable after more than one year | 17 | €3,096 | €13,021 | +€9,925 | +321% |
| Financial debts | 170/4 | €3,096 | €13,021 | +€9,925 | +321% |
| Amounts payable within one year | 42/48 | €80,200 | €82,845 | +€2,645 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €15,244 | €9,346 | -€5,898 | -38.7% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €10,754 | €38,220 | +€27,465 | +255% |
| Suppliers | 440/4 | €10,754 | €38,220 | +€27,465 | +255% |
| Taxes, remuneration and social security | 45 | €29,201 | €10,280 | -€18,921 | -64.8% |
| Taxes | 450/3 | €28,870 | - | -€28,870 | |
| Remuneration and social security | 454/9 | €331 | €10,280 | +€9,948 | +3,005% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €124,490 | €147,583 | +€23,093 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,533 | €28,219 | +€2,686 | +10.5% |
| Other operating charges | 640/8 | €1,862 | €2,244 | +€382 | +20.5% |
| Gross operating margin | 9900 | €305,662 | €247,003 | -€58,659 | -19.2% |
| Operating profit (loss) | 9901 | €153,777 | €68,957 | -€84,819 | -55.2% |
| Financial income | 75/76B | €142 | €3,096 | +€2,954 | +2,076% |
| Recurring financial income | 75 | €142 | €3,096 | +€2,954 | +2,076% |
| Financial charges | 65/66B | €15,808 | €10,525 | -€5,282 | -33.4% |
| Recurring financial charges | 65 | €15,808 | €10,525 | -€5,282 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €138,111 | €61,528 | -€76,583 | -55.5% |
| Income taxes | 67/77 | €59,351 | €28,583 | -€30,767 | -51.8% |
| Profit (loss) for the period | 9904 | €78,761 | €32,945 | -€45,816 | -58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €78,761 | €32,945 | -€45,816 | -58.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.