AARBOU: what changed
Two fiscal 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.
AARBOU
Largest movements
- Receivables within one year +€21,518
up €21,518 (+223.9%), from €9,608 to €31,126
of which Trade receivables: +€21,578
- Cash +€6,390
up €6,390 (+160.1%), from €3,991 to €10,382
mainly Trade debts (+€18,673) and Net result for the year (+€11,712)
- Trade debts +€18,673
up €18,673 (+287.5%), from €6,495 to €25,168
- Profit (loss) carried forward +€11,712
up €11,712 (+92.2%), from €12,701 to €24,412
- Debts after one year -€2,991
down €2,991 (-30.6%), from €9,763 to €6,771
- Staff costs -€2,919
down €2,919 (-33.0%), from €8,852 to €5,933
- Gross operating margin +€1,867
up €1,867 (+11.5%), from €16,228 to €18,096
- Other operating charges -€739
down €739 (-71.1%), from €1,039 to €300
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.
Cash bridge derived
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 | €55,899 | €83,808 | +€27,908 | +49.9% |
| Fixed assets | 21/28 | €42,300 | €42,300 | = | 0.0% |
| Intangible fixed assets | 21 | €42,300 | €42,300 | = | 0.0% |
| Current assets | 29/58 | €13,599 | €41,508 | +€27,908 | +205.2% |
| Amounts receivable within one year | 40/41 | €9,608 | €31,126 | +€21,518 | +223.9% |
| Trade receivables | 40 | €8,668 | €30,246 | +€21,578 | +248.9% |
| Other amounts receivable | 41 | €940 | €880 | -€60 | -6.4% |
| Cash at bank and in hand | 54/58 | €3,991 | €10,382 | +€6,390 | +160.1% |
| Total equity and liabilities | 10/49 | €55,899 | €83,808 | +€27,908 | +49.9% |
| Equity | 10/15 | €19,312 | €31,023 | +€11,712 | +60.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €411 | €411 | = | 0.0% |
| Non-distributable reserves | 130/1 | €411 | €411 | = | 0.0% |
| Reserves not available under the articles | 1311 | €411 | €411 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,701 | €24,412 | +€11,712 | +92.2% |
| Amounts payable | 17/49 | €36,588 | €52,784 | +€16,197 | +44.3% |
| Amounts payable after more than one year | 17 | €9,763 | €6,771 | -€2,991 | -30.6% |
| Financial debts | 170/4 | €9,763 | €6,771 | -€2,991 | -30.6% |
| Amounts payable within one year | 42/48 | €26,825 | €46,013 | +€19,188 | +71.5% |
| Current portion of amounts payable after more than one year | 42 | €2,991 | €2,991 | = | 0.0% |
| Trade debts | 44 | €6,495 | €25,168 | +€18,673 | +287.5% |
| Suppliers | 440/4 | €6,495 | €25,168 | +€18,673 | +287.5% |
| Taxes, remuneration and social security | 45 | €1,270 | €1,310 | +€40 | +3.2% |
| Remuneration and social security | 454/9 | €1,270 | €1,310 | +€40 | +3.2% |
| Other amounts payable | 47/48 | €16,068 | €16,543 | +€475 | +3.0% |
| Remuneration, social security and pensions | 62 | €8,852 | €5,933 | -€2,919 | -33.0% |
| Other operating charges | 640/8 | €1,039 | €300 | -€739 | -71.1% |
| Gross operating margin | 9900 | €16,228 | €18,096 | +€1,867 | +11.5% |
| Operating profit (loss) | 9901 | €6,337 | €11,863 | +€5,526 | +87.2% |
| Financial charges | 65/66B | €234 | €151 | -€83 | -35.5% |
| Recurring financial charges | 65 | €234 | €151 | -€83 | -35.5% |
| Profit (loss) for the period before taxes | 9903 | €6,103 | €11,712 | +€5,609 | +91.9% |
| Profit (loss) for the period | 9904 | €6,103 | €11,712 | +€5,609 | +91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,103 | €11,712 | +€5,609 | +91.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.