ARA Zuivel: 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 Zuivel
Largest movements
- Stocks and contracts +€13,190
up €13,190 (+660%), from €2,000 to €15,190
- Tangible fixed assets -€4,467
down €4,467 (-24.9%), from €17,925 to €13,457
of which Furniture and vehicles: -€4,050
- Cash -€3,016
down €3,016 (-69.7%), from €4,329 to €1,314
mainly Stocks and contracts (-€13,190) and Debts after one year (-€6,902)
- Receivables within one year -€1,315
down €1,315 (-16.5%), from €7,977 to €6,662
- Debts after one year -€6,902
down €6,902 (-74.3%), from €9,286 to €2,384
- Trade debts +€6,891
up €6,891 (+3,447%), from €200 to €7,090
- Other debts +€1,754
new in 2025: €1,754
- Tax, wage and social debts +€1,679
up €1,679 (+15.5%), from €10,857 to €12,537
- Profit (loss) carried forward +€610
up €610 (+11.4%), from €5,344 to €5,954
- Gross operating margin +€10,587
up €10,587, from -€3,574 to €7,013
- Taxes +€1,801
up €1,801, from -€1,601 to €200
- Other operating charges -€1,301
down €1,301 (-58.8%), from €2,211 to €910
- Depreciation +€750
up €750 (+20.2%), from €3,717 to €4,467
- Financial income +€219
up €219 (+364,950%), from €0 to €219
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 | €32,231 | €36,623 | +€4,392 | +13.6% |
| Fixed assets | 21/28 | €17,925 | €13,457 | -€4,467 | -24.9% |
| Tangible fixed assets | 22/27 | €17,925 | €13,457 | -€4,467 | -24.9% |
| Plant, machinery and equipment | 23 | €696 | €278 | -€417 | -60.0% |
| Furniture and vehicles | 24 | €17,229 | €13,179 | -€4,050 | -23.5% |
| Current assets | 29/58 | €14,306 | €23,165 | +€8,859 | +61.9% |
| Stocks and contracts in progress | 3 | €2,000 | €15,190 | +€13,190 | +660% |
| Stocks | 30/36 | €2,000 | €15,190 | +€13,190 | +660% |
| Amounts receivable within one year | 40/41 | €7,977 | €6,662 | -€1,315 | -16.5% |
| Trade receivables | 40 | €7,977 | €6,662 | -€1,315 | -16.5% |
| Cash at bank and in hand | 54/58 | €4,329 | €1,314 | -€3,016 | -69.7% |
| Total equity and liabilities | 10/49 | €32,231 | €36,623 | +€4,392 | +13.6% |
| Equity | 10/15 | €5,345 | €5,955 | +€610 | +11.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,344 | €5,954 | +€610 | +11.4% |
| Amounts payable | 17/49 | €26,886 | €30,667 | +€3,781 | +14.1% |
| Amounts payable after more than one year | 17 | €9,286 | €2,384 | -€6,902 | -74.3% |
| Financial debts | 170/4 | €9,286 | €2,384 | -€6,902 | -74.3% |
| Amounts payable within one year | 42/48 | €17,600 | €28,283 | +€10,684 | +60.7% |
| Financial debts | 43 | €6,543 | €6,902 | +€360 | +5.5% |
| Credit institutions | 430/8 | €6,543 | €6,902 | +€360 | +5.5% |
| Trade debts | 44 | €200 | €7,090 | +€6,891 | +3,447% |
| Suppliers | 440/4 | €200 | €7,090 | +€6,891 | +3,447% |
| Taxes, remuneration and social security | 45 | €10,857 | €12,537 | +€1,679 | +15.5% |
| Taxes | 450/3 | €10,857 | €12,537 | +€1,679 | +15.5% |
| Other amounts payable | 47/48 | - | €1,754 | +€1,754 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,717 | €4,467 | +€750 | +20.2% |
| Other operating charges | 640/8 | €2,211 | €910 | -€1,301 | -58.8% |
| Gross operating margin | 9900 | -€3,574 | €7,013 | +€10,587 | |
| Operating profit (loss) | 9901 | -€9,502 | €1,635 | +€11,138 | |
| Financial income | 75/76B | €0 | €219 | +€219 | +364,950% |
| Recurring financial income | 75 | €0 | €219 | +€219 | +364,950% |
| Financial charges | 65/66B | €1,231 | €1,044 | -€187 | -15.2% |
| Recurring financial charges | 65 | €1,231 | €1,044 | -€187 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,733 | €810 | +€11,543 | |
| Income taxes | 67/77 | -€1,601 | €200 | +€1,801 | |
| Profit (loss) for the period | 9904 | -€9,132 | €610 | +€9,742 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,132 | €610 | +€9,742 |
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 16 October 2026 via checked.be.