AARIMMO: 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.
AARIMMO
Largest movements
- Receivables within one year +€135,425
up €135,425 (+4543.7%), from €2,981 to €138,406
of which Trade receivables: +€129,517
- Cash -€113,541
down €113,541 (-51.7%), from €219,704 to €106,164
mainly Receivables within one year (-€135,425) and Investment in fixed assets (net) (-€51,190)
- Tangible fixed assets +€45,390
up €45,390 (+1537.4%), from €2,952 to €48,342
of which Furniture and vehicles: +€42,922
- Reserves +€55,939
up €55,939 (+42.7%), from €130,987 to €186,926
- Tax, wage and social debts +€17,967
up €17,967 (+85.6%), from €20,995 to €38,962
of which Taxes: +€14,892
- Trade debts -€6,385
down €6,385 (-91.7%), from €6,960 to €575
- Staff costs -€10,417
down €10,417 (-8.8%), from €117,985 to €107,567
- Gross operating margin -€9,848
down €9,848 (-4.7%), from €207,929 to €198,081
- Depreciation +€5,102
up €5,102 (+730.0%), from €699 to €5,801
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 | €225,637 | €293,482 | +€67,845 | +30.1% |
| Fixed assets | 21/28 | €2,952 | €48,342 | +€45,390 | +1537.4% |
| Tangible fixed assets | 22/27 | €2,952 | €48,342 | +€45,390 | +1537.4% |
| Plant, machinery and equipment | 23 | €708 | €3,175 | +€2,467 | +348.4% |
| Furniture and vehicles | 24 | €2,244 | €45,167 | +€42,922 | +1912.6% |
| Current assets | 29/58 | €222,685 | €245,140 | +€22,455 | +10.1% |
| Amounts receivable within one year | 40/41 | €2,981 | €138,406 | +€135,425 | +4543.7% |
| Trade receivables | 40 | €2,873 | €132,390 | +€129,517 | +4508.9% |
| Other amounts receivable | 41 | €108 | €6,016 | +€5,908 | +5470.5% |
| Cash at bank and in hand | 54/58 | €219,704 | €106,164 | -€113,541 | -51.7% |
| Deferred charges and accrued income | 490/1 | - | €571 | +€571 | |
| Total equity and liabilities | 10/49 | €225,637 | €293,482 | +€67,845 | +30.1% |
| Equity | 10/15 | €197,682 | €253,621 | +€55,939 | +28.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €130,987 | €186,926 | +€55,939 | +42.7% |
| Distributable reserves | 133 | €130,987 | €186,926 | +€55,939 | +42.7% |
| Profit (loss) carried forward | 14 | €48,103 | €48,103 | = | 0.0% |
| Amounts payable | 17/49 | €27,955 | €39,861 | +€11,906 | +42.6% |
| Amounts payable within one year | 42/48 | €27,955 | €39,537 | +€11,583 | +41.4% |
| Trade debts | 44 | €6,960 | €575 | -€6,385 | -91.7% |
| Suppliers | 440/4 | €6,960 | €575 | -€6,385 | -91.7% |
| Taxes, remuneration and social security | 45 | €20,995 | €38,962 | +€17,967 | +85.6% |
| Taxes | 450/3 | €9,118 | €24,009 | +€14,892 | +163.3% |
| Remuneration and social security | 454/9 | €11,877 | €14,953 | +€3,076 | +25.9% |
| Accrued charges and deferred income | 492/3 | - | €324 | +€324 | |
| Remuneration, social security and pensions | 62 | €117,985 | €107,567 | -€10,417 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €699 | €5,801 | +€5,102 | +730.0% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | €207,929 | €198,081 | -€9,848 | -4.7% |
| Operating profit (loss) | 9901 | €88,677 | €84,128 | -€4,549 | -5.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -81.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -81.3% |
| Financial charges | 65/66B | €442 | €567 | +€124 | +28.1% |
| Recurring financial charges | 65 | €442 | €567 | +€124 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | €88,235 | €83,561 | -€4,674 | -5.3% |
| Income taxes | 67/77 | €28,785 | €27,622 | -€1,163 | -4.0% |
| Profit (loss) for the period | 9904 | €59,449 | €55,939 | -€3,511 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €59,449 | €55,939 | -€3,511 | -5.9% |
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 10 October 2026 via checked.be.