ARAMIS: 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.
ARAMIS
Largest movements
- Tangible fixed assets +€98,538
up €98,538 (+726.3%), from €13,567 to €112,105
- Receivables within one year +€95,258
up €95,258 (+76.4%), from €124,735 to €219,993
of which Trade receivables: +€95,246
- Cash -€40,357
down €40,357 (-41.4%), from €97,387 to €57,030
mainly Investment in fixed assets (net) (-€113,608) and Receivables within one year (-€95,258)
- Deferred charges and accrued income +€19,838
up €19,838 (+4816.5%), from €412 to €20,250
- Trade debts +€105,063
up €105,063 (+90.6%), from €115,988 to €221,050
- Debts after one year +€57,371
up €57,371 (+218.0%), from €26,317 to €83,688
- Other debts -€16,797
down €16,797 (-94.4%), from €17,802 to €1,005
- Current portion of long-term debt +€16,474
up €16,474 (+151.8%), from €10,852 to €27,326
- Profit (loss) carried forward +€6,791
up €6,791 (+23.7%), from €28,685 to €35,475
- Staff costs +€31,779
up €31,779 (+86.7%), from €36,639 to €68,419
- Gross operating margin +€28,276
up €28,276 (+35.5%), from €79,702 to €107,978
- Depreciation +€8,823
up €8,823 (+159.7%), from €5,525 to €14,348
- Financial charges +€4,859
up €4,859 (+92.8%), from €5,237 to €10,096
- Taxes -€2,193
down €2,193 (-29.0%), from €7,550 to €5,357
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 | €236,464 | €410,462 | +€173,998 | +73.6% |
| Fixed assets | 21/28 | €13,930 | €113,190 | +€99,260 | +712.6% |
| Tangible fixed assets | 22/27 | €13,567 | €112,105 | +€98,538 | +726.3% |
| Furniture and vehicles | 24 | €13,567 | €112,105 | +€98,538 | +726.3% |
| Financial fixed assets | 28 | €363 | €1,085 | +€722 | +198.9% |
| Current assets | 29/58 | €222,534 | €297,273 | +€74,739 | +33.6% |
| Amounts receivable within one year | 40/41 | €124,735 | €219,993 | +€95,258 | +76.4% |
| Trade receivables | 40 | €124,735 | €219,981 | +€95,246 | +76.4% |
| Other amounts receivable | 41 | - | €12 | +€12 | |
| Cash at bank and in hand | 54/58 | €97,387 | €57,030 | -€40,357 | -41.4% |
| Deferred charges and accrued income | 490/1 | €412 | €20,250 | +€19,838 | +4816.5% |
| Total equity and liabilities | 10/49 | €236,464 | €410,462 | +€173,998 | +73.6% |
| Equity | 10/15 | €31,185 | €37,975 | +€6,791 | +21.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,685 | €35,475 | +€6,791 | +23.7% |
| Amounts payable | 17/49 | €205,279 | €372,487 | +€167,208 | +81.5% |
| Amounts payable after more than one year | 17 | €26,317 | €83,688 | +€57,371 | +218.0% |
| Financial debts | 170/4 | €26,317 | €83,688 | +€57,371 | +218.0% |
| Amounts payable within one year | 42/48 | €178,963 | €288,799 | +€109,837 | +61.4% |
| Current portion of amounts payable after more than one year | 42 | €10,852 | €27,326 | +€16,474 | +151.8% |
| Trade debts | 44 | €115,988 | €221,050 | +€105,063 | +90.6% |
| Suppliers | 440/4 | €115,988 | €221,050 | +€105,063 | +90.6% |
| Advances received on contracts in progress | 46 | €906 | - | -€906 | |
| Taxes, remuneration and social security | 45 | €33,415 | €39,418 | +€6,002 | +18.0% |
| Taxes | 450/3 | €25,421 | €27,119 | +€1,698 | +6.7% |
| Remuneration and social security | 454/9 | €7,994 | €12,298 | +€4,304 | +53.8% |
| Other amounts payable | 47/48 | €17,802 | €1,005 | -€16,797 | -94.4% |
| Non-recurring operating income | 76A | - | €28,054 | +€28,054 | |
| Remuneration, social security and pensions | 62 | €36,639 | €68,419 | +€31,779 | +86.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,525 | €14,348 | +€8,823 | +159.7% |
| Other operating charges | 640/8 | €3,707 | €2,968 | -€739 | -19.9% |
| Gross operating margin | 9900 | €79,702 | €107,978 | +€28,276 | +35.5% |
| Operating profit (loss) | 9901 | €33,831 | €22,244 | -€11,588 | -34.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €5,237 | €10,096 | +€4,859 | +92.8% |
| Recurring financial charges | 65 | €5,237 | €10,096 | +€4,859 | +92.8% |
| Profit (loss) for the period before taxes | 9903 | €28,595 | €12,147 | -€16,447 | -57.5% |
| Income taxes | 67/77 | €7,550 | €5,357 | -€2,193 | -29.0% |
| Profit (loss) for the period | 9904 | €21,045 | €6,791 | -€14,254 | -67.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,045 | €6,791 | -€14,254 | -67.7% |
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 10 October 2026 via checked.be.