ARAM: 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.
ARAM
Largest movements
- Cash -€4,373
down €4,373 (-14.1%), from €30,999 to €26,625
mainly Contributions, distributions and other (-€12,131) and Trade debts (-€7,954)
- Stocks and contracts -€2,349
down €2,349 (-31.3%), from €7,500 to €5,152
- Receivables within one year -€1,848
down €1,848 (-18.5%), from €9,964 to €8,116
of which Other amounts receivable: -€2,271
- Deferred charges and accrued income +€711
new in 2024: €711
- Tax, wage and social debts +€9,241
up €9,241 (+355%), from €2,606 to €11,847
of which Taxes: +€5,612
- Profit (loss) carried forward -€9,146
down €9,146 (-47.1%), from €19,432 to €10,286
- Trade debts -€7,954
down €7,954 (-78.9%), from €10,080 to €2,126
- Staff costs +€20,365
up €20,365 (+68.2%), from €29,870 to €50,235
- Gross operating margin +€9,061
up €9,061 (+18.9%), from €48,067 to €57,128
- Taxes +€5,495
up €5,495 (+5,046%), from €109 to €5,604
- Financial income +€3,770
new in 2024: €3,770
- Depreciation -€1,544
no longer reported in 2024 (was €1,544)
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.
Derived cash bridge
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 | €51,891 | €44,032 | -€7,859 | -15.1% |
| Fixed assets | 21/28 | €3,427 | €3,427 | = | 0.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €3,002 | €3,002 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €3,002 | €3,002 | = | 0.0% |
| Financial fixed assets | 28 | €425 | €425 | = | 0.0% |
| Current assets | 29/58 | €48,463 | €40,604 | -€7,859 | -16.2% |
| Stocks and contracts in progress | 3 | €7,500 | €5,152 | -€2,349 | -31.3% |
| Stocks | 30/36 | €7,500 | €5,152 | -€2,349 | -31.3% |
| Amounts receivable within one year | 40/41 | €9,964 | €8,116 | -€1,848 | -18.5% |
| Trade receivables | 40 | - | €422 | +€422 | |
| Other amounts receivable | 41 | €9,964 | €7,694 | -€2,271 | -22.8% |
| Cash at bank and in hand | 54/58 | €30,999 | €26,625 | -€4,373 | -14.1% |
| Deferred charges and accrued income | 490/1 | - | €711 | +€711 | |
| Total equity and liabilities | 10/49 | €51,891 | €44,032 | -€7,859 | -15.1% |
| Equity | 10/15 | €39,035 | €29,889 | -€9,146 | -23.4% |
| Contributions | 10/11 | €18,644 | €18,644 | = | 0.0% |
| Reserves | 13 | €959 | €959 | = | 0.0% |
| Non-distributable reserves | 130/1 | €959 | €959 | = | 0.0% |
| Reserves not available under the articles | 1311 | €959 | €959 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,432 | €10,286 | -€9,146 | -47.1% |
| Amounts payable | 17/49 | €12,855 | €14,143 | +€1,287 | +10.0% |
| Amounts payable within one year | 42/48 | €12,855 | €14,143 | +€1,287 | +10.0% |
| Trade debts | 44 | €10,080 | €2,126 | -€7,954 | -78.9% |
| Suppliers | 440/4 | €10,080 | €2,126 | -€7,954 | -78.9% |
| Taxes, remuneration and social security | 45 | €2,606 | €11,847 | +€9,241 | +355% |
| Taxes | 450/3 | €1,224 | €6,836 | +€5,612 | +459% |
| Remuneration and social security | 454/9 | €1,382 | €5,011 | +€3,629 | +263% |
| Other amounts payable | 47/48 | €170 | €170 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €29,870 | €50,235 | +€20,365 | +68.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,544 | - | -€1,544 | |
| Other operating charges | 640/8 | €1,873 | €1,182 | -€691 | -36.9% |
| Gross operating margin | 9900 | €48,067 | €57,128 | +€9,061 | +18.9% |
| Operating profit (loss) | 9901 | €14,779 | €5,711 | -€9,068 | -61.4% |
| Financial income | 75/76B | - | €3,770 | +€3,770 | |
| Recurring financial income | 75 | - | €3,770 | +€3,770 | |
| Financial charges | 65/66B | €150 | €892 | +€742 | +495% |
| Recurring financial charges | 65 | €150 | €892 | +€742 | +495% |
| Profit (loss) for the period before taxes | 9903 | €14,629 | €8,589 | -€6,040 | -41.3% |
| Income taxes | 67/77 | €109 | €5,604 | +€5,495 | +5,046% |
| Profit (loss) for the period | 9904 | €14,520 | €2,985 | -€11,535 | -79.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,520 | €2,985 | -€11,535 | -79.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.