ARAMA: 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.
ARAMA
Largest movements
- Receivables within one year -€2,298
down €2,298 (-28.1%), from €8,182 to €5,884
- Deferred charges and accrued income -€1,142
down €1,142 (-78.6%), from €1,452 to €310
- Cash -€301
down €301 (-96.0%), from €313 to €12
mainly Other debts (-€29,089) and Tax, wage and social debts (-€1,717)
- Tangible fixed assets -€290
down €290 (-60.9%), from €475 to €186
- Other debts -€29,089
down €29,089 (-61.2%), from €47,514 to €18,426
- Profit (loss) carried forward +€25,280
up €25,280 (+44.4%), from -€56,882 to -€31,602
- Tax, wage and social debts -€1,717
down €1,717 (-49.6%), from €3,460 to €1,743
- Trade debts +€1,495
up €1,495 (+36.8%), from €4,063 to €5,558
- Gross operating margin -€16,090
down €16,090 (-48.2%), from €33,386 to €17,295
- Write-downs -€10,136
new in 2025: -€10,136
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.
Cash bridge derived
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 | €10,623 | €6,592 | -€4,030 | -37.9% |
| Fixed assets | 21/28 | €675 | €386 | -€290 | -42.9% |
| Tangible fixed assets | 22/27 | €475 | €186 | -€290 | -60.9% |
| Furniture and vehicles | 24 | €475 | €186 | -€290 | -60.9% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €9,947 | €6,207 | -€3,741 | -37.6% |
| Amounts receivable within one year | 40/41 | €8,182 | €5,884 | -€2,298 | -28.1% |
| Trade receivables | 40 | €8,182 | €5,884 | -€2,298 | -28.1% |
| Cash at bank and in hand | 54/58 | €313 | €12 | -€301 | -96.0% |
| Deferred charges and accrued income | 490/1 | €1,452 | €310 | -€1,142 | -78.6% |
| Total equity and liabilities | 10/49 | €10,623 | €6,592 | -€4,030 | -37.9% |
| Equity | 10/15 | -€44,415 | -€19,134 | +€25,280 | +56.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €68 | €68 | = | 0.0% |
| Non-distributable reserves | 130/1 | €68 | €68 | = | 0.0% |
| Reserves not available under the articles | 1311 | €68 | €68 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,882 | -€31,602 | +€25,280 | +44.4% |
| Amounts payable | 17/49 | €55,037 | €25,727 | -€29,310 | -53.3% |
| Amounts payable within one year | 42/48 | €55,037 | €25,727 | -€29,310 | -53.3% |
| Trade debts | 44 | €4,063 | €5,558 | +€1,495 | +36.8% |
| Suppliers | 440/4 | €4,063 | €5,558 | +€1,495 | +36.8% |
| Taxes, remuneration and social security | 45 | €3,460 | €1,743 | -€1,717 | -49.6% |
| Taxes | 450/3 | €3,460 | €1,743 | -€1,717 | -49.6% |
| Other amounts payable | 47/48 | €47,514 | €18,426 | -€29,089 | -61.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €290 | €290 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€10,136 | -€10,136 | |
| Other operating charges | 640/8 | €995 | €1,001 | +€6 | +0.6% |
| Gross operating margin | 9900 | €33,386 | €17,295 | -€16,090 | -48.2% |
| Operating profit (loss) | 9901 | €32,101 | €26,140 | -€5,961 | -18.6% |
| Financial charges | 65/66B | €147 | €440 | +€293 | +199.4% |
| Recurring financial charges | 65 | €147 | €440 | +€293 | +199.4% |
| Profit (loss) for the period before taxes | 9903 | €31,954 | €25,701 | -€6,253 | -19.6% |
| Income taxes | 67/77 | €391 | €421 | +€30 | +7.6% |
| Profit (loss) for the period | 9904 | €31,563 | €25,280 | -€6,283 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,563 | €25,280 | -€6,283 | -19.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.