AARENT: 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.
AARENT
Largest movements
- Cash -€25,792
down €25,792 (-91.2%), from €28,289 to €2,497
mainly Net result for the year (-€23,474) and Receivables within one year (-€3,957)
- Receivables within one year +€3,957
up €3,957 (+453.3%), from €873 to €4,830
- Tangible fixed assets -€1,624
down €1,624 (-2.3%), from €69,445 to €67,821
of which Furniture and vehicles: -€1,327
- Profit (loss) carried forward -€23,474
down €23,474 (-11.4%), from -€205,733 to -€229,207
- Gross operating margin -€13,469
down €13,469 (-165.9%), from -€8,119 to -€21,588
- Depreciation -€12,663
down €12,663 (-88.6%), from €14,287 to €1,624
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,607 | €75,148 | -€23,459 | -23.8% |
| Fixed assets | 21/28 | €69,445 | €67,821 | -€1,624 | -2.3% |
| Tangible fixed assets | 22/27 | €69,445 | €67,821 | -€1,624 | -2.3% |
| Plant, machinery and equipment | 23 | €15,199 | €14,903 | -€297 | -2.0% |
| Furniture and vehicles | 24 | €54,245 | €52,919 | -€1,327 | -2.4% |
| Current assets | 29/58 | €29,162 | €7,327 | -€21,835 | -74.9% |
| Amounts receivable within one year | 40/41 | €873 | €4,830 | +€3,957 | +453.3% |
| Other amounts receivable | 41 | €873 | €4,830 | +€3,957 | +453.3% |
| Cash at bank and in hand | 54/58 | €28,289 | €2,497 | -€25,792 | -91.2% |
| Total equity and liabilities | 10/49 | €98,607 | €75,148 | -€23,459 | -23.8% |
| Equity | 10/15 | -€37,133 | -€60,607 | -€23,474 | -63.2% |
| Contributions | 10/11 | €168,600 | €168,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€205,733 | -€229,207 | -€23,474 | -11.4% |
| Amounts payable | 17/49 | €135,740 | €135,754 | +€15 | 0.0% |
| Amounts payable after more than one year | 17 | €120,000 | €120,000 | = | 0.0% |
| Financial debts | 170/4 | €120,000 | €120,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,740 | €15,754 | +€15 | +0.1% |
| Trade debts | 44 | €180 | €719 | +€539 | +299.6% |
| Suppliers | 440/4 | €180 | €719 | +€539 | +299.6% |
| Taxes, remuneration and social security | 45 | - | €99 | +€99 | |
| Taxes | 450/3 | - | €99 | +€99 | |
| Other amounts payable | 47/48 | €15,560 | €14,936 | -€624 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,287 | €1,624 | -€12,663 | -88.6% |
| Other operating charges | 640/8 | €147 | €62 | -€85 | -57.8% |
| Gross operating margin | 9900 | -€8,119 | -€21,588 | -€13,469 | -165.9% |
| Operating profit (loss) | 9901 | -€22,553 | -€23,274 | -€721 | -3.2% |
| Financial income | 75/76B | €16 | €12 | -€5 | -29.1% |
| Recurring financial income | 75 | €16 | €12 | -€5 | -29.1% |
| Financial charges | 65/66B | €69 | €211 | +€142 | +205.1% |
| Recurring financial charges | 65 | €69 | €211 | +€142 | +205.1% |
| Profit (loss) for the period before taxes | 9903 | -€22,606 | -€23,474 | -€868 | -3.8% |
| Profit (loss) for the period | 9904 | -€22,606 | -€23,474 | -€868 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,606 | -€23,474 | -€868 | -3.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.