ARAM 7: 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 7
Largest movements
- Cash +€20,315
up €20,315 (+48.4%), from €41,967 to €62,282
mainly Receivables within one year (+€17,351) and Net result for the year (+€12,506)
- Receivables within one year -€17,351
down €17,351 (-55.2%), from €31,432 to €14,081
- Tangible fixed assets -€5,762
down €5,762 (-44.4%), from €12,964 to €7,202
- Stocks and contracts -€4,225
down €4,225 (-37.2%), from €11,350 to €7,125
- Intangible fixed assets -€1,500
down €1,500 (-44.4%), from €3,375 to €1,875
- Trade debts -€16,448
down €16,448 (-60.4%), from €27,249 to €10,801
- Profit (loss) carried forward +€12,506
up €12,506 (+28.1%), from €44,428 to €56,934
- Debts after one year -€5,519
down €5,519 (-76.3%), from €7,235 to €1,716
- Tax, wage and social debts +€2,316
up €2,316 (+25.9%), from €8,945 to €11,261
of which Taxes: +€2,399
- Gross operating margin -€2,330
down €2,330 (-8.5%), from €27,475 to €25,145
- Staff costs -€1,509
down €1,509 (-84.4%), from €1,788 to €278
- Financial charges -€418
down €418 (-33.7%), from €1,240 to €822
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 | €105,588 | €97,546 | -€8,042 | -7.6% |
| Fixed assets | 21/28 | €20,839 | €13,577 | -€7,262 | -34.8% |
| Intangible fixed assets | 21 | €3,375 | €1,875 | -€1,500 | -44.4% |
| Tangible fixed assets | 22/27 | €12,964 | €7,202 | -€5,762 | -44.4% |
| Furniture and vehicles | 24 | €12,964 | €7,202 | -€5,762 | -44.4% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €84,749 | €83,969 | -€781 | -0.9% |
| Stocks and contracts in progress | 3 | €11,350 | €7,125 | -€4,225 | -37.2% |
| Stocks | 30/36 | €11,350 | €7,125 | -€4,225 | -37.2% |
| Amounts receivable within one year | 40/41 | €31,432 | €14,081 | -€17,351 | -55.2% |
| Trade receivables | 40 | €31,432 | €14,081 | -€17,351 | -55.2% |
| Cash at bank and in hand | 54/58 | €41,967 | €62,282 | +€20,315 | +48.4% |
| Deferred charges and accrued income | 490/1 | - | €481 | +€481 | |
| Total equity and liabilities | 10/49 | €105,588 | €97,546 | -€8,042 | -7.6% |
| Equity | 10/15 | €56,142 | €68,648 | +€12,506 | +22.3% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Contributions outside capital | 11 | €11,200 | €11,200 | = | 0.0% |
| Other | 1109/19 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €514 | €514 | = | 0.0% |
| Non-distributable reserves | 130/1 | €514 | €514 | = | 0.0% |
| Reserves not available under the articles | 1311 | €514 | €514 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,428 | €56,934 | +€12,506 | +28.1% |
| Amounts payable | 17/49 | €49,446 | €28,897 | -€20,549 | -41.6% |
| Amounts payable after more than one year | 17 | €7,235 | €1,716 | -€5,519 | -76.3% |
| Financial debts | 170/4 | €7,235 | €1,716 | -€5,519 | -76.3% |
| Amounts payable within one year | 42/48 | €42,211 | €27,182 | -€15,030 | -35.6% |
| Current portion of amounts payable after more than one year | 42 | €5,519 | €5,017 | -€502 | -9.1% |
| Trade debts | 44 | €27,249 | €10,801 | -€16,448 | -60.4% |
| Suppliers | 440/4 | €27,249 | €10,801 | -€16,448 | -60.4% |
| Taxes, remuneration and social security | 45 | €8,945 | €11,261 | +€2,316 | +25.9% |
| Taxes | 450/3 | €7,896 | €10,295 | +€2,399 | +30.4% |
| Remuneration and social security | 454/9 | €1,048 | €965 | -€83 | -7.9% |
| Other amounts payable | 47/48 | €499 | €104 | -€396 | -79.3% |
| Remuneration, social security and pensions | 62 | €1,788 | €278 | -€1,509 | -84.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,262 | €7,262 | = | 0.0% |
| Other operating charges | 640/8 | €1,032 | €1,055 | +€24 | +2.3% |
| Gross operating margin | 9900 | €27,475 | €25,145 | -€2,330 | -8.5% |
| Operating profit (loss) | 9901 | €17,394 | €16,550 | -€844 | -4.9% |
| Financial income | 75/76B | €221 | €173 | -€48 | -21.7% |
| Recurring financial income | 75 | €221 | €173 | -€48 | -21.7% |
| Financial charges | 65/66B | €1,240 | €822 | -€418 | -33.7% |
| Recurring financial charges | 65 | €1,240 | €822 | -€418 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | €16,375 | €15,901 | -€474 | -2.9% |
| Income taxes | 67/77 | €3,496 | €3,395 | -€101 | -2.9% |
| Profit (loss) for the period | 9904 | €12,879 | €12,506 | -€373 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,879 | €12,506 | -€373 | -2.9% |
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 19 October 2026 via checked.be.