ARACO BELGIUM: what changed
ARACO BELGIUM
Largest movements
- Cash -€30,000
down €30,000 (-98.4%), from €30,492 to €492
mainly Tax, wage and social debts (-€41,164) and Net result for the year (-€12,786)
- Receivables within one year -€23,413
down €23,413 (-28.5%), from €82,083 to €58,670
of which Trade receivables: -€45,040
- Tax, wage and social debts -€41,164
down €41,164 (-85.2%), from €48,287 to €7,123
- Profit (loss) carried forward -€12,786
new in 2025: -€12,786
- Gross operating margin -€201,091
down €201,091, from €187,442 to -€13,648
- Taxes -€34,295
down €34,295 (-96.0%), from €35,709 to €1,414
- Financial income +€2,606
up €2,606 (+1,194%), from €218 to €2,824
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €172,576 | €119,163 | -€53,413 | -31.0% |
| Current assets | 29/58 | €172,576 | €119,163 | -€53,413 | -31.0% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €82,083 | €58,670 | -€23,413 | -28.5% |
| Trade receivables | 40 | €81,989 | €36,949 | -€45,040 | -54.9% |
| Other amounts receivable | 41 | €94 | €21,721 | +€21,627 | +22,934% |
| Cash at bank and in hand | 54/58 | €30,492 | €492 | -€30,000 | -98.4% |
| Total equity and liabilities | 10/49 | €172,576 | €119,163 | -€53,413 | -31.0% |
| Equity | 10/15 | €120,265 | €107,479 | -€12,786 | -10.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €105,265 | €105,265 | = | 0.0% |
| Distributable reserves | 133 | €105,265 | €105,265 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€12,786 | -€12,786 | |
| Amounts payable | 17/49 | €52,311 | €11,684 | -€40,627 | -77.7% |
| Amounts payable within one year | 42/48 | €52,311 | €11,684 | -€40,627 | -77.7% |
| Trade debts | 44 | €4,024 | €4,561 | +€538 | +13.4% |
| Suppliers | 440/4 | €4,024 | €4,561 | +€538 | +13.4% |
| Taxes, remuneration and social security | 45 | €48,287 | €7,123 | -€41,164 | -85.2% |
| Taxes | 450/3 | €48,287 | €7,123 | -€41,164 | -85.2% |
| Other operating charges | 640/8 | €644 | €186 | -€459 | -71.2% |
| Gross operating margin | 9900 | €187,442 | -€13,648 | -€201,091 | |
| Operating profit (loss) | 9901 | €186,798 | -€13,834 | -€200,632 | |
| Financial income | 75/76B | €218 | €2,824 | +€2,606 | +1,194% |
| Recurring financial income | 75 | €218 | €2,824 | +€2,606 | +1,194% |
| Financial charges | 65/66B | €1,467 | €362 | -€1,105 | -75.3% |
| Recurring financial charges | 65 | €1,467 | €362 | -€1,105 | -75.3% |
| Profit (loss) for the period before taxes | 9903 | €185,549 | -€11,372 | -€196,921 | |
| Income taxes | 67/77 | €35,709 | €1,414 | -€34,295 | -96.0% |
| Profit (loss) for the period | 9904 | €149,840 | -€12,786 | -€162,626 | |
| Profit (loss) for the period to be appropriated | 9905 | €149,840 | -€12,786 | -€162,626 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.