ARA.COM: 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.
ARA.COM
Largest movements
- Cash -€26,412
down €26,412 (-41.7%), from €63,342 to €36,929
mainly Net result for the year (-€43,394) and Investment in fixed assets (net) (-€9,394)
- Tangible fixed assets +€23,601
up €23,601 (+121%), from €19,531 to €43,131
of which Furniture and vehicles: +€24,351
- Financial fixed assets -€23,522
down €23,522 (-100%), from €23,522 to €0
- Receivables within one year +€4,055
up €4,055 (+177%), from €2,290 to €6,345
of which Trade receivables: +€2,542
- Profit (loss) carried forward -€43,394
down €43,394 (-75.5%), from €57,503 to €14,108
- Other debts +€30,016
up €30,016 (+704,599%), from €4 to €30,020
- Trade debts -€5,550
down €5,550 (-97.8%), from €5,672 to €122
- Accrued charges and deferred income -€5,497
down €5,497 (-50.1%), from €10,979 to €5,482
- Tax, wage and social debts +€2,501
up €2,501 (+43.7%), from €5,717 to €8,217
of which Remuneration and social security: +€2,500
- Gross operating margin -€14,708
down €14,708 (-67.7%), from -€21,727 to -€36,435
- Depreciation +€4,293
up €4,293 (+85.5%), from €5,023 to €9,316
- Financial income -€736
down €736 (-13.0%), from €5,681 to €4,944
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 | €111,212 | €89,287 | -€21,925 | -19.7% |
| Fixed assets | 21/28 | €43,053 | €43,131 | +€79 | +0.2% |
| Tangible fixed assets | 22/27 | €19,531 | €43,131 | +€23,601 | +121% |
| Furniture and vehicles | 24 | €16,893 | €41,244 | +€24,351 | +144% |
| Other tangible fixed assets | 26 | €2,638 | €1,888 | -€750 | -28.4% |
| Financial fixed assets | 28 | €23,522 | €0 | -€23,522 | -100% |
| Current assets | 29/58 | €68,159 | €46,156 | -€22,003 | -32.3% |
| Amounts receivable within one year | 40/41 | €2,290 | €6,345 | +€4,055 | +177% |
| Trade receivables | 40 | €1,654 | €4,196 | +€2,542 | +154% |
| Other amounts receivable | 41 | €636 | €2,149 | +€1,513 | +238% |
| Cash at bank and in hand | 54/58 | €63,342 | €36,929 | -€26,412 | -41.7% |
| Deferred charges and accrued income | 490/1 | €2,527 | €2,881 | +€353 | +14.0% |
| Total equity and liabilities | 10/49 | €111,212 | €89,287 | -€21,925 | -19.7% |
| Equity | 10/15 | €88,840 | €45,446 | -€43,394 | -48.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €18,938 | €18,938 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €18,938 | €18,938 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,503 | €14,108 | -€43,394 | -75.5% |
| Amounts payable | 17/49 | €22,372 | €43,841 | +€21,470 | +96.0% |
| Amounts payable within one year | 42/48 | €11,393 | €38,360 | +€26,967 | +237% |
| Trade debts | 44 | €5,672 | €122 | -€5,550 | -97.8% |
| Suppliers | 440/4 | €5,672 | €122 | -€5,550 | -97.8% |
| Taxes, remuneration and social security | 45 | €5,717 | €8,217 | +€2,501 | +43.7% |
| Taxes | 450/3 | €5,717 | €5,717 | +€1 | 0.0% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €4 | €30,020 | +€30,016 | +704,599% |
| Accrued charges and deferred income | 492/3 | €10,979 | €5,482 | -€5,497 | -50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,023 | €9,316 | +€4,293 | +85.5% |
| Other operating charges | 640/8 | €1,046 | €1,156 | +€110 | +10.6% |
| Gross operating margin | 9900 | -€21,727 | -€36,435 | -€14,708 | -67.7% |
| Operating profit (loss) | 9901 | -€27,796 | -€46,907 | -€19,111 | -68.8% |
| Financial income | 75/76B | €5,681 | €4,944 | -€736 | -13.0% |
| Recurring financial income | 75 | €5,681 | €4,944 | -€736 | -13.0% |
| Financial charges | 65/66B | €772 | €793 | +€21 | +2.7% |
| Recurring financial charges | 65 | €772 | €793 | +€21 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | -€22,887 | -€42,755 | -€19,868 | -86.8% |
| Income taxes | 67/77 | €678 | €639 | -€38 | -5.6% |
| Profit (loss) for the period | 9904 | -€23,564 | -€43,394 | -€19,830 | -84.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,564 | -€43,394 | -€19,830 | -84.2% |
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 26 October 2026 via checked.be.