ARACOL: 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.
ARACOL
Largest movements
- Receivables within one year +€20,271
up €20,271 (+34.9%), from €58,008 to €78,280
of which Other amounts receivable: +€20,271
- Deferred charges and accrued income -€1,689
no longer reported in 2023 (was €1,689)
- Cash -€1,637
down €1,637 (-95.5%), from €1,715 to €78
mainly Receivables within one year (-€20,271) and Tax, wage and social debts (-€1,276)
- Stocks and contracts -€1,240
down €1,240 (-50.0%), from €2,481 to €1,240
- Profit (loss) carried forward +€15,060
up €15,060 (+52.6%), from €28,608 to €43,668
- Trade debts +€1,748
up €1,748 (+53.6%), from €3,264 to €5,012
- Tax, wage and social debts -€1,276
down €1,276 (-9.4%), from €13,594 to €12,317
- Gross operating margin +€2,634
up €2,634 (+12.6%), from €20,967 to €23,601
- Write-downs -€2,481
down €2,481 (-66.7%), from €3,721 to €1,240
- Taxes +€1,557
up €1,557 (+29.4%), from €5,293 to €6,850
- Depreciation -€311
down €311 (-64.3%), from €483 to €172
- Financial income +€254
up €254 (+7.6%), from €3,335 to €3,589
of which Financial income: +€3,587
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,066 | €79,598 | +€15,532 | +24.2% |
| Fixed assets | 21/28 | €172 | - | -€172 | |
| Tangible fixed assets | 22/27 | €172 | - | -€172 | |
| Plant, machinery and equipment | 23 | €172 | - | -€172 | |
| Current assets | 29/58 | €63,894 | €79,598 | +€15,705 | +24.6% |
| Stocks and contracts in progress | 3 | €2,481 | €1,240 | -€1,240 | -50.0% |
| Stocks | 30/36 | €2,481 | €1,240 | -€1,240 | -50.0% |
| Amounts receivable within one year | 40/41 | €58,008 | €78,280 | +€20,271 | +34.9% |
| Trade receivables | 40 | €1,865 | €1,865 | = | 0.0% |
| Other amounts receivable | 41 | €56,143 | €76,415 | +€20,271 | +36.1% |
| Cash at bank and in hand | 54/58 | €1,715 | €78 | -€1,637 | -95.5% |
| Deferred charges and accrued income | 490/1 | €1,689 | - | -€1,689 | |
| Total equity and liabilities | 10/49 | €64,066 | €79,598 | +€15,532 | +24.2% |
| Equity | 10/15 | €47,208 | €62,268 | +€15,060 | +31.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,608 | €43,668 | +€15,060 | +52.6% |
| Amounts payable | 17/49 | €16,858 | €17,330 | +€472 | +2.8% |
| Amounts payable within one year | 42/48 | €16,858 | €17,330 | +€472 | +2.8% |
| Trade debts | 44 | €3,264 | €5,012 | +€1,748 | +53.6% |
| Suppliers | 440/4 | €3,264 | €5,012 | +€1,748 | +53.6% |
| Taxes, remuneration and social security | 45 | €13,594 | €12,317 | -€1,276 | -9.4% |
| Taxes | 450/3 | €13,594 | €12,317 | -€1,276 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €483 | €172 | -€311 | -64.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,721 | €1,240 | -€2,481 | -66.7% |
| Non-recurring operating charges | 66A | €3,279 | €3,725 | +€446 | +13.6% |
| Gross operating margin | 9900 | €20,967 | €23,601 | +€2,634 | +12.6% |
| Operating profit (loss) | 9901 | €13,484 | €18,463 | +€4,980 | +36.9% |
| Financial income | 75/76B | €3,335 | €3,589 | +€254 | +7.6% |
| Recurring financial income | 75 | €1 | €3,589 | +€3,587 | +326130.0% |
| Non-recurring financial income | 76B | €3,334 | €3,589 | +€255 | +7.6% |
| Financial charges | 65/66B | €265 | €142 | -€122 | -46.3% |
| Recurring financial charges | 65 | €265 | €142 | -€122 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | €16,554 | €21,910 | +€5,356 | +32.4% |
| Income taxes | 67/77 | €5,293 | €6,850 | +€1,557 | +29.4% |
| Profit (loss) for the period | 9904 | €11,261 | €15,060 | +€3,799 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,261 | €15,060 | +€3,799 | +33.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.