ARA: 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.
ARA
Largest movements
- Cash +€44,801
up €44,801 (+32.7%), from €136,984 to €181,785
mainly Accrued charges and deferred income (+€45,523) and Net result for the year (+€10,071)
- Receivables within one year +€16,697
up €16,697 (+72.4%), from €23,053 to €39,750
of which Trade receivables: +€8,643
- Accrued charges and deferred income +€45,523
up €45,523 (+39.6%), from €115,000 to €160,523
- Profit (loss) carried forward +€10,071
up €10,071 (+66.0%), from €15,268 to €25,340
- Debts after one year +€5,450
up €5,450 (+57.1%), from €9,550 to €15,000
- Gross operating margin +€17,046
up €17,046 (+13.7%), from €124,140 to €141,186
- Purchases and services -€12,081
down €12,081 (-33.0%), from €36,627 to €24,546
From the 2023 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,137 | €221,634 | +€61,498 | +38.4% |
| Fixed assets | 21/28 | €100 | €100 | = | 0.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €160,037 | €221,534 | +€61,498 | +38.4% |
| Amounts receivable within one year | 40/41 | €23,053 | €39,750 | +€16,697 | +72.4% |
| Trade receivables | 40 | €20,683 | €29,326 | +€8,643 | +41.8% |
| Other amounts receivable | 41 | €2,370 | €10,424 | +€8,054 | +339.9% |
| Cash at bank and in hand | 54/58 | €136,984 | €181,785 | +€44,801 | +32.7% |
| Total equity and liabilities | 10/49 | €160,137 | €221,634 | +€61,498 | +38.4% |
| Equity | 10/15 | €15,268 | €25,340 | +€10,071 | +66.0% |
| Profit (loss) carried forward | 14 | €15,268 | €25,340 | +€10,071 | +66.0% |
| Provisions and deferred taxes | 16 | €3,567 | €3,567 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,567 | €3,567 | = | 0.0% |
| Other liabilities and charges | 164/5 | €3,567 | €3,567 | = | 0.0% |
| Amounts payable | 17/49 | €141,301 | €192,727 | +€51,426 | +36.4% |
| Amounts payable after more than one year | 17 | €9,550 | €15,000 | +€5,450 | +57.1% |
| Other amounts payable | 178/9 | €9,550 | €15,000 | +€5,450 | +57.1% |
| Amounts payable within one year | 42/48 | €16,751 | €17,204 | +€453 | +2.7% |
| Trade debts | 44 | €10,827 | €11,280 | +€453 | +4.2% |
| Suppliers | 440/4 | €10,827 | €11,280 | +€453 | +4.2% |
| Taxes, remuneration and social security | 45 | €5,924 | €5,924 | = | 0.0% |
| Remuneration and social security | 454/9 | €5,924 | €5,924 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €115,000 | €160,523 | +€45,523 | +39.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €36,627 | €24,546 | -€12,081 | -33.0% |
| Remuneration, social security and pensions | 62 | €125,111 | €125,518 | +€407 | +0.3% |
| Gross operating margin | 9900 | €124,140 | €141,186 | +€17,046 | +13.7% |
| Operating profit (loss) | 9901 | -€970 | €10,218 | +€11,188 | |
| Financial charges | 65/66B | €159 | €146 | -€13 | -8.1% |
| Recurring financial charges | 65 | €159 | €146 | -€13 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,130 | €10,071 | +€11,201 | |
| Profit (loss) for the period | 9904 | -€1,130 | €10,071 | +€11,201 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,130 | €10,071 | +€11,201 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.